1 Global Submersible Borehole Pump Market Insight Analysis
The global Submersible Borehole Pump market size will reach USD 6,040.31 million in 2025, with a CAGR of 5.5% from 2025 to 2033.
Submersible borehole pumps are a type of submersible pump. They are centrifugal pumps driven by a submersible motor. As they usually draw in the fluid directly without a suction line, they must constantly be submerged in the fluid handled. Submersible borehole pumps are designed as single-stage or multistage pumps which are rigidly coupled to the submersible motor. The motor can be arranged on top or underneath the pump, depending on the application.
Figure Global Submersible Borehole Pump Market Size (M USD) and CAGR (2025-2033)
2 Submersible Borehole Pump Market Growth Drivers and Restraints
Growing demand for groundwater development: Groundwater is an important component of global water resources. It has abundant reserves and good water quality. It plays an irreplaceable role in urban and rural domestic water, agricultural irrigation, industrial production and other fields. In arid and semi-arid areas, surface water is scarce, and groundwater is the main source of water supply; in areas where surface water is seriously polluted, groundwater has also become a key guarantee for local water use.
With the global population growth and economic development, the demand for water resources continues to rise, which has promoted the development and utilization of groundwater, and in turn driven the development of the submersible electric pump market. According to statistics, the amount of groundwater used for irrigation in the United States, China, India and Pakistan accounts for more than 50% of the total groundwater extraction, and nearly half of the world’s drinking water also comes from groundwater. This widespread dependence on groundwater has led to an increasing market demand for submersible electric pumps as key equipment for groundwater development.
Rising demand for agricultural and domestic water: According to a report by the Food and Agriculture Organization of the United Nations, the global population is expected to exceed 9.7 billion by 2050, with most of the population growth coming from developing countries. Population growth will inevitably lead to an increase in demand for food, and the demand for agricultural water will also increase accordingly.
At the same time, the improvement of people’s living standards has also led to an increase in domestic water consumption. To meet these needs, the development and utilization of groundwater has been intensified. As an important tool for conveying groundwater, submersible electric pumps have broad market prospects. For example, to ensure water for agricultural irrigation, a large number of submersible electric pumps are used in farmland irrigation systems, which has driven the growth of the market.
Technological progress promotes industry development: In the field of submersible electric pump manufacturing, the application of new technologies and concepts such as computer-aided design (CAD), computer-aided manufacturing (CAM) and intelligent manufacturing has greatly improved production efficiency and quality control.
The use of new metal alloys, rubber products and other materials has enhanced the corrosion resistance, wear resistance and high temperature resistance of water pump components, extended the service life of submersible electric pumps, improved product performance, and enabled them to better meet the needs of different application scenarios, thereby promoting market growth.
Market competition has intensified: Well-known companies in the pump industry such as Grundfos in Denmark and Franklin in the United States occupy a large share in the international market. In recent years, with the transfer of international manufacturing capacity and the accumulation of industrial technology, enterprises in developing countries such as China and India have gradually emerged in the international submersible pump market with their cost advantages, and market competition has become increasingly fierce.
In addition, the good market prospects and expected investment returns of submersible pump products have attracted more potential competitors to enter, further intensifying industry competition, which poses a challenge to the market share and profit growth of existing companies in the market, and to a certain extent restricts the orderly expansion of the market.
High technical barriers: Due to the huge differences in voltage environment and natural environment in different countries and regions, submersible pumps usually need to work in underwater environments such as deep wells, which are inconvenient to maintain, so their operating stability and environmental adaptability are extremely high. Manufacturers need to attach great importance to the performance design, structural design and production process stability of products to ensure reliable product quality.
At the same time, in order to ensure the safe and stable operation of the product, it is also necessary to equip it with a device with automatic control function, sense the water level position through a water level detector, prevent damage caused by abnormal working environment, and realize the intelligent operation of the pump underwater. These technical requirements constitute a high technical barrier, increase the difficulty of enterprises entering the market, and also restrict the rapid development of the market.
3 Technological Innovations in the Submersible Borehole Pump Market
Material innovation improves product performance: In the manufacturing of submersible electric pumps, the application of new materials such as metal alloys and rubber products is an important direction of technological innovation. These new materials can effectively enhance the corrosion resistance, wear resistance and high temperature resistance of water pump components.
For example, some high-end submersible electric pumps use special metal alloys to manufacture pump bodies and impellers, so that they can still maintain good performance in harsh water quality environments, extend the service life of the product, reduce maintenance costs, and improve product reliability and stability, thereby enhancing the competitiveness of the product in the market.
Manufacturing technology innovation improves production efficiency and quality: Advanced technologies and concepts such as computer-aided design (CAD), computer-aided manufacturing (CAM) and intelligent manufacturing are increasingly widely used in the production process of submersible electric pumps. CAD technology can help companies design product structures more accurately and optimize product performance;
CAM technology realizes the automation and refined control of the production process, improves production efficiency and consistency of product quality. The introduction of intelligent manufacturing has further improved the level of intelligent production, realized real-time monitoring and adjustment of the production process, reduced labor costs, and improved the production efficiency of enterprises.
Mergers and acquisitions integrate resources and expand the market: There have been many mergers and acquisitions in the market, such as Wilo’s acquisition of QuantumFlo, an American pressure boosting system expert. This move enabled Wilo to obtain the other party’s technology and business resources in pressure boosting systems and intelligent pump systems, further enriching its own product line, enhancing its market competitiveness in related fields, and expanding its market share.
Similarly, Ebara’s acquisition of Hayward Gordon not only expanded its product portfolio, but also improved its manufacturing capabilities and sales network, laying the foundation for its further development in the North American market. These mergers and acquisitions activities help companies integrate resources, achieve complementary advantages, and enhance their competitiveness in the global market.
4 Global Submersible Borehole Pump Market Size by Type
The 3″ pumps are projected to generate a revenue of USD 905.71 million in 2025. This type has shown consistent growth over the years, with a Compound Annual Growth Rate (CAGR) of approximately 5.5% from 2018 to 2025. The steady increase can be attributed to their versatility and efficiency in handling water extraction tasks in both residential and light commercial applications.
Type 4″ pumps are expected to contribute a substantial portion of the market revenue, with an estimated value of USD 1067.43 million in 2025. These pumps are commonly used in medium-duty applications and have been gaining popularity due to their reliability and adaptability to varying water conditions. The CAGR for this type from 2018 to 2025 is around 7.1%, indicating a robust growth trajectory.
Type 6″ pumps are anticipated to generate a revenue of USD 1015.29 million in 2025. These pumps are designed for heavy-duty applications and are often used in industrial and large-scale agricultural settings. The CAGR for this type from 2018 to 2025 is approximately 4.5%, reflecting a stable demand for high-capacity pumps.
Type 8″ pumps are projected to contribute USD 629.79 million to the market revenue in 2025. These pumps are designed for extreme conditions and are often used in challenging environments such as deep wells and harsh climates. The CAGR for this type from 2018 to 2025 is around 4.4%, indicating a steady demand for pumps capable of operating in tough conditions.
Type 10″ pumps are expected to generate a revenue of USD 595.25 million in 2025. These pumps are designed for specific applications where space is a constraint, and they are often used in urban settings and small-scale industrial applications. The CAGR for this type from 2018 to 2025 is approximately 5.5%, reflecting a growing demand for compact and efficient pumps.
Type 12″ pumps are projected to contribute USD 652.21 million to the market revenue in 2025. These pumps are used in applications where medium to high water pressure is required, and they are often found in water supply systems and irrigation projects. The CAGR for this type from 2018 to 2025 is around 6.1%, indicating a significant growth potential.
Type 14″ pumps are expected to generate a revenue of USD 525.80 million in 2025. These pumps are designed for high-capacity applications and are often used in large-scale industrial and municipal water supply systems. The CAGR for this type from 2018 to 2025 is approximately 5.2%, reflecting a stable demand for high-capacity pumps.
Type 16-28″ pumps are projected to contribute USD 210.20 million to the market revenue in 2025. These pumps are used in a variety of applications, from residential to light commercial uses. The CAGR for this type from 2018 to 2025 is around 3.9%, indicating a moderate growth.
Type > 28″ pumps are projected to generate a revenue of USD 438.64 million in 2025. These pumps are used in specialized applications where high pressure and high flow rates are required. The CAGR for this type from 2018 to 2025 is around 2.1%, indicating a steady but slower growth compared to other types.
Table Global Submersible Borehole Pump Market Size by Type in 2025
Type | Market Size (M USD) 2025 |
|---|---|
3″ | 905.71 |
4″ | 1067.43 |
6″ | 1015.29 |
8″ | 629.79 |
10″ | 595.25 |
12″ | 652.21 |
14″ | 525.80 |
16-28″ | 210.20 |
> 28″ | 438.64 |
5 Global Submersible Borehole Pump Market Size by Application
Irrigation is one of the significant applications of submersible borehole pumps. In 2025, the market revenue for submersible borehole pumps in the irrigation sector is estimated at 1530.58 million USD. This substantial figure reflects the crucial role these pumps play in agricultural water supply.
With the increasing global population, the demand for food has been on the rise, leading to a greater need for efficient irrigation systems. Submersible borehole pumps are essential for extracting groundwater to irrigate farmlands, especially in regions where surface water is scarce or unreliable. They ensure a consistent water supply for crops, thereby contributing to increased agricultural productivity.
The municipal and industrial water supply application also holds a notable share in the market. In 2025, the revenue from submersible borehole pumps in this sector amounts to 1439.78 million USD. In urban areas, these pumps are used to supply water for domestic consumption, such as drinking, cooking, and sanitation. In the industrial sector, they are crucial for processes that require a large amount of water, like manufacturing, cooling in power plants, and textile production. The reliable and efficient water supply provided by submersible borehole pumps is vital for maintaining the smooth operation of both urban life and industrial activities.
For the oil and gas industry, the market revenue of submersible borehole pumps in 2025 is projected to be 1463.94 million USD. In this sector, these pumps are used in various operations, including extracting water from oil – and gas – producing wells to maintain reservoir pressure and for wastewater management. As the global demand for oil and gas remains high, the need for efficient pumping solutions in this industry continues to grow. Submersible borehole pumps help in optimizing production processes and ensuring environmental compliance by properly managing water – related aspects in oil and gas operations.
The mining industry also makes use of submersible borehole pumps. In 2025, the revenue in this application area is 1128.47 million USD. Mining operations often involve extracting minerals from underground sources, which may be flooded. Submersible borehole pumps are used to de – water mines, enabling miners to access ore deposits safely. Additionally, they are used for managing process water in mining facilities, such as in mineral processing plants. Their ability to operate in harsh and wet environments makes them indispensable in the mining sector.
The geothermal energy application of submersible borehole pumps has a projected revenue of 335.66 million USD in 2025. In geothermal energy production, these pumps are used to extract hot water or steam from geothermal wells, which is then used to generate electricity. The “Others” category, which includes various miscellaneous applications, has a revenue of 141.88 million USD. This could involve applications such as water supply for remote communities, small – scale industrial uses, or specific research and experimental setups.
Table Global Submersible Borehole Pump Market Size by Application in 2025
Application | Market Size (M USD) 2025 |
|---|---|
Irrigation | 1530.58 |
Municipal & Industrial Water Supply | 1439.78 |
Oil & Gas | 1463.94 |
Mining | 1128.47 |
Geothermal Energy | 335.66 |
Others | 141.88 |
6 Global Submersible Borehole Pump Market Size by Region
In 2025, the revenue from submersible borehole pumps in North America is estimated at 1198.91 million USD. North America has a well – established infrastructure and a significant demand for water supply across various sectors. The region has a strong agricultural base, where submersible borehole pumps are crucial for irrigation purposes.
Additionally, in urban and industrial settings, these pumps play a vital role in ensuring a reliable water supply. The advanced manufacturing and technological capabilities in North America also contribute to a high – quality market for submersible borehole pumps. Companies in the region are often at the forefront of innovation, investing in research and development to improve pump efficiency and durability.
The Asia – Pacific region stands out with a projected revenue of 3192.98 million USD in 2025. This region has witnessed rapid economic growth in recent years, accompanied by significant population growth and urbanization. The increasing demand for water in agriculture, municipalities, and industries has propelled the market for submersible borehole pumps. Countries like China and India, with their large populations and expanding industrial sectors, are major drivers of this growth.
In agriculture, these pumps are essential for meeting the irrigation needs of vast farmlands. In urban areas, they support the growing demand for clean water supply and wastewater management. Moreover, the region’s manufacturing capabilities have been on the rise, allowing for cost – effective production and a wider availability of submersible borehole pumps.
Europe’s market revenue for submersible borehole pumps in 2025 is expected to be 1047.10 million USD. Europe has strict environmental regulations and high – quality standards for water supply systems. Submersible borehole pumps are widely used in both urban and rural areas for water extraction and distribution. In the agricultural sector, they are employed for precise irrigation to optimize water usage. In the industrial domain, these pumps are crucial for various manufacturing processes. European companies are known for their focus on sustainability and energy – efficient technologies, which influences the development and adoption of submersible borehole pumps in the region.
South America’s market revenue for submersible borehole pumps in 2025 is projected to be 382.78 million USD. The region has abundant natural resources and a growing agricultural sector. Submersible borehole pumps are increasingly being used for irrigation in large – scale farming operations, especially in countries like Brazil. Additionally, as urbanization progresses, there is a rising need for efficient water supply systems in cities. However, the region also faces challenges such as infrastructure limitations in some areas, which may affect the widespread adoption of these pumps. Nevertheless, with ongoing development and investment in infrastructure, the market for submersible borehole pumps in South America is expected to grow steadily.
The Middle East & Africa region has a projected revenue of 218.54 million USD in 2025. In the Middle East, countries with arid climates heavily rely on groundwater extraction, making submersible borehole pumps essential for water supply. In Africa, the growing population and expanding agricultural and industrial activities are driving the demand for these pumps. However, the region also faces challenges such as limited access to capital and technical expertise in some areas. Despite these challenges, there is a growing awareness of the importance of efficient water management, which is likely to boost the market for submersible borehole pumps in the coming years.
Figure Global Submersible Borehole Pump Market Size (M USD) by Region in 2025
7 Global Submersible Borehole Pump Market Analysis by Major Players
Wilo
Company Profile: Wilo is a renowned German company established in 1872, specializing in the manufacturing of pumps and pump systems for various sectors including building technology, water, and industry.
Business Overview: Wilo operates globally, providing a wide range of products from high-efficiency pumps for residential and commercial buildings to special pumps for water management and industrial applications.
Product Offered: Their product range includes multistage submersible pumps like the Wilo-Sub TWI 6, designed for various applications such as water supply from boreholes, process water supply, municipal water supply, and industrial water pumping.
2023 Revenue Summary: In 2023, Wilo achieved a revenue of USD 278.56 million, marking a growth in its market share and solidifying its position as a leader in the submersible borehole pump industry.
Grundfos
Company Profile: Grundfos, a Danish company founded in 1945, is a leading pump manufacturer known for its innovative and energy-efficient pump solutions.
Business Overview: With a global presence, Grundfos offers a broad portfolio of pumps for heating, air-conditioning, ventilation, and various industrial applications.
Product Offered: Grundfos provides submersible groundwater pumps like the SP series, suitable for boreholes of different sizes and motor power ratings, catering to a wide range of applications.
2023 Revenue Summary: Grundfos reported a revenue of USD 260.65 million in 2023, reflecting its strong market position and continuous growth in the pump sector.
Franklin Electric
Company Profile: Franklin Electric, established in 1944 in the USA, is a manufacturer and distributor of products and systems focused on water and fuel movement and management.
Business Overview: Franklin operates worldwide, offering pumps, motors, drives, and controls for residential, commercial, agricultural, industrial, and municipal applications.
Product Offered: Their product line includes the SVM Borehole Pump, a high-quality, efficient submersible pump designed for various applications including residential, commercial, agricultural, mining, marine, and municipal uses.
2023 Revenue Summary: Franklin Electric achieved a revenue of USD 205.22 million in 2023, indicating its significant contribution to the submersible borehole pump market and its ability to adapt to diverse market needs.