Hydraulic Submersible Pump Market Size, Share, Trends, Growth and Forecast 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 6.15 Billion
CAGR (2026-2031)	8.67%
Fastest Growing Segment	Commercial
Largest Market	North America
Market Size (2031)	USD 10.13 Billion

Market Overview

The Global Hydraulic Submersible Pump Market is projected to grow from USD 6.15 Billion in 2025 to USD 10.13 Billion by 2031 at a 8.67% CAGR. Hydraulic submersible pumps are specialized fluid handling devices driven by hydraulic motors, designed to operate effectively while fully immersed in sludge, slurry, or water. The primary drivers supporting market growth include the robust requirement for dewatering in deep excavation projects and the expanding scope of mining operations where electric pumps pose safety hazards. Furthermore, the increasing frequency of severe weather events has necessitated reliable, portable pumping solutions for municipal flood control, providing a fundamental basis for sustained demand distinct from temporary technological trends.

A significant challenge impeding rapid market expansion is the stringent environmental regulation regarding hydraulic fluid leakage, which necessitates costly preventative measures and biodegradable alternatives. This compliance burden places pressure on operational costs and capital expenditure within the broader machinery sector. According to the National Fluid Power Association, in 2025, the forecast for total shipments in the fluid power sector was projected to grow by 1.3%. This statistic reflects a stabilized yet cautious industrial environment where regulatory adherence and economic factors moderate the pace of growth.

Key Market Drivers

Rising Demand for Efficient Dewatering in Mining and Quarrying Operations is a primary catalyst for the market, driven by the critical need to manage groundwater in increasingly deep and complex extraction sites. Hydraulic submersible pumps are particularly valued in this sector for their ability to operate safely in explosive environments where electric sparks pose significant risks, as well as their capacity to handle abrasive slurries with high solids content without failure. This operational necessity is reflected in the recent financial performance of major equipment providers servicing the mining sector. According to The Weir Group, February 2025, in the 'Full Year 2024 Results', the company received £67 million in orders specifically for the Reko Diq and OCP expansion projects, underscoring the substantial capital being deployed into mining operations that require robust fluid handling solutions.

The Rapid Expansion of Global Construction and Infrastructure Projects further propels the adoption of these pumps, especially for site preparation and foundation dewatering in urban development and transport networks. Contractors heavily rely on the portability and high power-to-weight ratio of hydraulic units to remove water from excavation pits and tunnels, ensuring project timelines are met despite variable groundwater conditions. This demand surge is evident in the machinery segment dedicated to portable flow solutions. According to Atlas Copco Group, March 2025, in the 'Annual Report 2024', the Power Technique business area, which encompasses dewatering pumps, achieved a 10% revenue increase, highlighting the strong momentum in construction-related equipment. Additionally, broader industrial demand remains resilient; according to Sulzer, February 2025, in the 'Annual Report 2024', the Flow division reported a 12.3% increase in order intake for the full year 2024, driven by rising requirements in wastewater and industrial applications.

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Key Market Challenges

Stringent environmental regulations regarding hydraulic fluid leakage constitute a primary impediment to the expansion of the Global Hydraulic Submersible Pump Market. Compliance with these rigorous mandates forces operators to incur substantial additional costs, primarily through the mandatory implementation of leak-prevention technologies and the procurement of biodegradable hydraulic fluids. These specialized fluids often carry a significant price premium compared to standard mineral oils, thereby elevating the total cost of ownership. This financial burden necessitates the diversion of capital expenditure away from fleet expansion and towards regulatory adherence, directly reducing the purchasing power of end-users in cost-sensitive industries.

This compliance pressure is particularly damaging when aligned with downturns in key application sectors, as the market becomes unable to absorb the increased operational costs. According to the National Fluid Power Association, in early 2025, the production index for construction machinery—a critical end-user of hydraulic pumps—contracted by 5.7%, signaling a recessionary environment in that specific sector. This reduced activity in the construction machinery segment limits the available budget for new equipment, causing the compounding costs of environmental compliance to further stifle demand for hydraulic submersible pumps.

Key Market Trends

The Integration of Smart Monitoring and IoT Technologies is fundamentally reshaping the market by enabling predictive maintenance and real-time performance tracking in remote and hazardous environments. Operators are increasingly deploying hydraulic submersible pumps equipped with advanced telemetry sensors that monitor critical parameters such as hydraulic pressure, temperature, and vibration, thereby preventing catastrophic failures in deep-mining and municipal flood control operations. This technological shift allows for data-driven decision-making that optimizes pump utilization and extends equipment lifecycles, directly addressing the industry's need for operational efficiency while reducing physical inspection risks. According to Xylem Inc., October 2025, in the 'Third Quarter 2025 Results', the Measurement and Control Solutions segment achieved double-digit revenue gains, reflecting the accelerating adoption of digital capabilities in fluid handling infrastructure.

The Proliferation of Equipment Rental and Leasing Service Models has emerged as a dominant trend as end-users seek to mitigate the rising capital costs associated with regulatory compliance and fleet modernization. Construction and industrial contractors are prioritizing usership over ownership to maintain balance sheet flexibility, particularly given the variable duration of infrastructure projects and the sporadic nature of emergency dewatering events. This transition reduces the financial burden of maintaining specialized hydraulic assets while ensuring access to the latest, most efficient pumping systems without significant upfront investment. This structural market shift is evidenced by robust growth in the specialized rental sector; according to International Rental News, June 2025, in the article 'Specialty drives growth for Ashtead', the company's Specialty segment, which includes pump solutions, generated $2.3 billion in rental-only revenue, representing an 11% increase from the previous year.

Segmental Insights

Leading market research identifies the Commercial segment as the fastest-growing vertical within the Global Hydraulic Submersible Pump Market. This rapid expansion is driven by the intensifying pace of urbanization and a global surge in commercial construction projects, such as office complexes and retail centers. Developers increasingly rely on these pumps for essential tasks, including foundation dewatering and stormwater management in dense commercial zones. Furthermore, strict adherence to wastewater and safety standards established by institutions like the U.S. Environmental Protection Agency necessitates the use of reliable, heavy-duty hydraulic pumping systems, thereby fortifying the segment's growth trajectory.

Regional Insights

North America holds the leading position in the Global Hydraulic Submersible Pump Market, driven by extensive industrial activity and infrastructure investments. The region's dominance is primarily fueled by the robust oil and gas sector, where these heavy-duty pumps are critical for shale exploration and managing drilling fluids. Additionally, the urgent need to modernize aging municipal water and wastewater systems sustains high demand. Strict environmental mandates enforced by the U.S. Environmental Protection Agency (EPA) further compel industries to adopt compliant, efficient pumping technologies for effluent management, cementing North America's market supremacy.

Recent Developments

In October 2024, Franklin Electric’s Pioneer Pump brand launched the Minetuff Series, a new line of rugged submersible dewatering pumps, at the WEFTEC exhibition. While Pioneer Pump is traditionally renowned for its hydraulic and diesel-driven centrifugal packages, this launch marks a significant expansion into the electric submersible segment, targeting severe environments such as mining and construction. The new series features adjustable hydraulics and is designed to handle abrasives like sand and clay, offering a durable solution for deep-well dewatering applications where hydraulic or surface pumps may not be suitable.
In April 2024, Sulzer inaugurated new production lines at its manufacturing facility in Easley, South Carolina, following a significant investment to expand its capabilities. The facility is now equipped to manufacture a broader range of submersible sewage and grinder pumps, ensuring compliance with the "Build America, Buy America" (BABA) Act. This expansion is designed to improve production efficiencies and reduce lead times for customers in the U.S. municipal and industrial water markets. The investment reinforces Sulzer’s commitment to the local supply chain and its position as a key player in the global submersible pump industry.
In February 2024, Dragflow, a leading manufacturer of heavy-duty hydraulic submersible pumps, announced a strategic agreement with Technosub Group to launch Dragflow USA. This collaboration aims to elevate the availability and support of pumping and dredging solutions across the North American market. By establishing a dedicated presence in the United States, Dragflow intends to provide the industrial and mining sectors with its comprehensive range of hydraulic dredging pumps and equipment, leveraging Technosub Group’s extensive distribution network and market expertise to ensure faster lead times and enhanced customer service.
In January 2024, Atlas Copco Group completed the strategic acquisition of Kracht GmbH, a German manufacturer specializing in high-quality technologies including external gear pumps, fluid measurement, valves, and hydraulic drives. This collaboration strengthens Atlas Copco’s Power and Flow Division by integrating Kracht’s expertise in hydraulic components, which are essential for various industrial applications. The acquisition aligns with Atlas Copco’s strategy to expand its portfolio and capabilities in the industrial pump segment, enhancing its offering of robust fluid handling solutions to a global customer base.

Key Market Players

Xylem Inc.
Grindex AB
Atlas Copco AB
Sulzer Ltd.
Weir Group PLC
Tsurumi Manufacturing Co., Ltd.
Thompson Pump & Manufacturing Co., Inc.
Gorman-Rupp Company
BBA Pumps BV
Hydra-Tech Pumps Inc.

By Application	By Type	By Material	By End-User	By Region
Construction Mining Wastewater Management Agriculture	Electric Submersible Pumps Engine Driven Submersible Pumps Solar Powered Submersible Pumps	Stainless Steel Cast Iron Plastic	Residential Commercial Industrial	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Hydraulic Submersible Pump Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Hydraulic Submersible Pump Market, By Application:

Construction
Mining
Wastewater Management
Agriculture

Hydraulic Submersible Pump Market, By Type:

Electric Submersible Pumps
Engine Driven Submersible Pumps
Solar Powered Submersible Pumps

Hydraulic Submersible Pump Market, By Material:

Stainless Steel
Cast Iron
Plastic

Hydraulic Submersible Pump Market, By End-User:

Residential
Commercial
Industrial

Hydraulic Submersible Pump Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Hydraulic Submersible Pump Market.

Available Customizations:

Global Hydraulic Submersible Pump Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Hydraulic Submersible Pump Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Hydraulic Submersible Pump Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Application (Construction, Mining, Wastewater Management, Agriculture)

5.2.2. By Type (Electric Submersible Pumps, Engine Driven Submersible Pumps, Solar Powered Submersible Pumps)

5.2.3. By Material (Stainless Steel, Cast Iron, Plastic)

5.2.4. By End-User (Residential, Commercial, Industrial)

5.2.5. By Region

5.2.6. By Company (2025)

5.3. Market Map

6. North America Hydraulic Submersible Pump Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Application

6.2.2. By Type

6.2.3. By Material

6.2.4. By End-User

6.2.5. By Country

6.3. North America: Country Analysis

6.3.1. United States Hydraulic Submersible Pump Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Application

6.3.1.2.2. By Type

6.3.1.2.3. By Material

6.3.1.2.4. By End-User

6.3.2. Canada Hydraulic Submersible Pump Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Application

6.3.2.2.2. By Type

6.3.2.2.3. By Material

6.3.2.2.4. By End-User

6.3.3. Mexico Hydraulic Submersible Pump Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Application

6.3.3.2.2. By Type

6.3.3.2.3. By Material

6.3.3.2.4. By End-User

7. Europe Hydraulic Submersible Pump Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Application

7.2.2. By Type

7.2.3. By Material

7.2.4. By End-User

7.2.5. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Hydraulic Submersible Pump Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Application

7.3.1.2.2. By Type

7.3.1.2.3. By Material

7.3.1.2.4. By End-User

7.3.2. France Hydraulic Submersible Pump Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Application

7.3.2.2.2. By Type

7.3.2.2.3. By Material

7.3.2.2.4. By End-User

7.3.3. United Kingdom Hydraulic Submersible Pump Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Application

7.3.3.2.2. By Type

7.3.3.2.3. By Material

7.3.3.2.4. By End-User

7.3.4. Italy Hydraulic Submersible Pump Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Application

7.3.4.2.2. By Type

7.3.4.2.3. By Material

7.3.4.2.4. By End-User

7.3.5. Spain Hydraulic Submersible Pump Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Application

7.3.5.2.2. By Type

7.3.5.2.3. By Material

7.3.5.2.4. By End-User

8. Asia Pacific Hydraulic Submersible Pump Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Application

8.2.2. By Type

8.2.3. By Material

8.2.4. By End-User

8.2.5. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Hydraulic Submersible Pump Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Application

8.3.1.2.2. By Type

8.3.1.2.3. By Material

8.3.1.2.4. By End-User

8.3.2. India Hydraulic Submersible Pump Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Application

8.3.2.2.2. By Type

8.3.2.2.3. By Material

8.3.2.2.4. By End-User

8.3.3. Japan Hydraulic Submersible Pump Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Application

8.3.3.2.2. By Type

8.3.3.2.3. By Material

8.3.3.2.4. By End-User

8.3.4. South Korea Hydraulic Submersible Pump Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Application

8.3.4.2.2. By Type

8.3.4.2.3. By Material

8.3.4.2.4. By End-User

8.3.5. Australia Hydraulic Submersible Pump Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Application

8.3.5.2.2. By Type

8.3.5.2.3. By Material

8.3.5.2.4. By End-User

9. Middle East & Africa Hydraulic Submersible Pump Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Application

9.2.2. By Type

9.2.3. By Material

9.2.4. By End-User

9.2.5. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Hydraulic Submersible Pump Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Application

9.3.1.2.2. By Type

9.3.1.2.3. By Material

9.3.1.2.4. By End-User

9.3.2. UAE Hydraulic Submersible Pump Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Application

9.3.2.2.2. By Type

9.3.2.2.3. By Material

9.3.2.2.4. By End-User

9.3.3. South Africa Hydraulic Submersible Pump Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Application

9.3.3.2.2. By Type

9.3.3.2.3. By Material

9.3.3.2.4. By End-User

10. South America Hydraulic Submersible Pump Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Application

10.2.2. By Type

10.2.3. By Material

10.2.4. By End-User

10.2.5. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Hydraulic Submersible Pump Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Application

10.3.1.2.2. By Type

10.3.1.2.3. By Material

10.3.1.2.4. By End-User

10.3.2. Colombia Hydraulic Submersible Pump Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Application

10.3.2.2.2. By Type

10.3.2.2.3. By Material

10.3.2.2.4. By End-User

10.3.3. Argentina Hydraulic Submersible Pump Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Application

10.3.3.2.2. By Type

10.3.3.2.3. By Material

10.3.3.2.4. By End-User

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Hydraulic Submersible Pump Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Xylem Inc.

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Grindex AB

15.3. Atlas Copco AB

15.4. Sulzer Ltd.

15.5. Weir Group PLC

15.6. Tsurumi Manufacturing Co., Ltd.

15.7. Thompson Pump & Manufacturing Co., Inc.

15.8. Gorman-Rupp Company

15.9. BBA Pumps BV

15.10. Hydra-Tech Pumps Inc.

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

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