As per Future Market Insights (FMI), the Southeast Asia submersible pumps market is expected to reach USD 1,294.8 million in 2035. It is anticipated to showcase steady growth at a CAGR of 5.7% between 2025 and 2035.
To increase sales, many submersible pump manufacturers are concentrating on launching innovative products that are both affordable and efficient. They are mainly focusing on meeting the growing demand for their products from new public and private projects. A few local companies are investing in the establishment of advanced manufacturing facilities.
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Key Takeaways of Southeast Asia Submersible Pump Market Study:
- Based on head type, the above 100m segment is expected to reach a valuation of about USD 808.4 Million by 2032 and exhibit a CAGR of 5.4% during 2022 to 2032.
- In terms of product type, the borewell segment is anticipated to account for more than 56% of the Southeast Asia submersible pumps market share by 2032.
- In Southeast Asia, Indonesia is projected to hold a significant market share of about 28% in the evaluation period.
- From 2017 to 2021, the Southeast Asia submersible pumps market exhibited growth at a CAGR of 5.2%.
- Sales of submersible pumps are projected to soar between 2022 and 2032 at a CAGR of about 5.5% in Southeast Asia.
“Domestic governments are putting a lot of efforts into expanding their economies and spending extensively on the construction of smart factories & infrastructure. It is anticipated to increase sales of submersible pumps throughout the assessment period.,” says a Future Market Insights analyst.
Key Players in the Industry:
Xylem Inc.; Ebara Corporation; Grundfos; KSB SE & Co. KGaA; WILO SE; Sulzer AG; ITT Inc.; Franklin Electric Co.; PSG (Dover Corporation); Atlas Copco AB; The Weir Group PLC; Tsurumi Manufacturing Co., Ltd.; Andritz Group; Kubota Corporation; Kirloskar Brothers Ltd.; Pentair PLC; Gorman-Rupp Company; Flowserve Corporation; Hitachi Co. Ltd.; Wacker Neuson Group; SPP Pumps; Ruhrpumpen Group; Shimge Pump Industry Group Co., Ltd; Zhejiang DOYIN Technology Co. Ltd; Shakti Pumps (India) Ltd.; Speck Pumpen Walter Speck GmbH & Co. KG; Pleuger Industries.
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Key Segments Covered in Submersible Pumps Industry Analysis:
By Head Type:
- Below 50 m
- 50 – 100m
- Above 100m
By Product Type:
- Borewell
- Non-Clog
- Open Well
By Application:
- Agriculture
- Infrastructure & Mining
- Residential
- Industrial Water Supply
- Oil & Gas
- Fire Fighting
- Non-Industrial Water Supply
- Others
By Country:
- Indonesia
- Malaysia
- Thailand
- Vietnam
- Philippines
- Singapore
About Future Market Insights (FMI)
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