Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Hydraulic Submersible Pumps Market size was over USD 13.33 billion in 2024 and is anticipated to cross USD 26.09 billion by 2037, growing at more than 5.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hydraulic submersible pumps is estimated at USD 13.93 billion.
As the advancement in industry infrastructure is growing at a rapid rate, there is a growing need for hydraulic submersible pumps which helps in treating sewage and waste water and also improves the efficiency in water management processes.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of hydraulic submersible pumps is estimated at USD 13.93 billion.
Hydraulic Submersible Pumps Market size was over USD 13.33 billion in 2024 and is anticipated to cross USD 26.09 billion by 2037, growing at more than 5.3% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is predicted to account for largest revenue share by 2037, due to presence of leading manufacturers in the region.
The major players in the market are EBARA International Corporation, Xylem, SPP Pumps Ltd., Gorman-Rupp Pumps, Hydra-Tech Pumps, Stanley Black & Decker, Inc., Franklin Electric Co. Inc., and others.