North America Electric Submersible Pump Market Size & Outlook
The electric submersible pump market in North America is expected to reach a projected revenue of US$ 1,991.7 million by 2030. A compound annual growth rate of 3.8% is expected of North America electric submersible pump market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,594.5
Forecast, 2030 (US$M)
$1,991.7
CAGR, 2025 - 2030
3.8%
Report Coverage
North America
Related Markets
North America electric submersible pump market highlights
- The North America electric submersible pump market generated a revenue of USD 1,594.5 million in 2024.
- The market is expected to grow at a CAGR of 3.8% from 2025 to 2030.
- In terms of segment, borewell was the largest revenue generating product in 2024.
- Non-Clog is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 1,594.5 million |
| Market revenue in 2030 | USD 1,991.7 million |
| Growth rate | 3.8% (CAGR from 2025 to 2030) |
| Largest segment | Borewell |
| Fastest growing segment | Non-Clog |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Borewell, Openwell, Non-Clog |
| Key market players worldwide | Xylem Inc, Sulzer AG, KSB SE & Co KGaA, Grundfos, Atlas Copco AB ADR, Flowserve Corp, WILO, Pump Technology, LEO Group, Vansan Water Technologies, Grindex, Ebara Corp, Schlumberger Ltd, ITT Inc |
Other key industry trends
- In terms of revenue, North America region accounted for 17.4% of the global electric submersible pump market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,859.9 million by 2030.
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Electric Submersible Pump Market Scope
Electric submersible pump market segmentation & scope
Others
Electric Submersible Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Grindex | View profile | 101-250 | Tinley Park, Illinois, United States, North America | https://www.grindex.com/en-us |
| Vansan Water Technologies | View profile | 501-1000 | Cigli, Izmir, Turkey, Europe | https://vansan.com.tr |
| LEO Group | View profile | 1001-5000 | Wenling, Zhejiang, China, Asia | http://www.leogroup.cn/ |
| Pump Technology | View profile | 11-50 | Aldermaston, West Berkshire, United Kingdom, Europe | https://www.pumptechnology.co.uk |
| WILO | View profile | 5001-10000 | Dortmund, Nordrhein-Westfalen, Germany, Europe | http://www.wilo.com |
| Grundfos | View profile | 10001+ | Bjerringbro, Midtjylland, Denmark, Europe | http://www.grundfos.com/ |
| KSB SE & Co KGaA | View profile | 16038 | Johann-Klein-Strasse 9, Frankenthal, RP, Germany, 67227 | https://www.ksb.com |
| Ebara Corp | View profile | 19629 | 11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, Japan, 144-8510 | http://www.ebara.co.jp |
| Schlumberger Ltd | View profile | 111000 | 5599 San Felipe, 17th Floor, Houston, TX, United States, 77056 | https://www.slb.com |
| ITT Inc | View profile | 10600 | 100 Washington Boulevard, 6th Floor, Stamford, CT, United States, 06902 | https://www.itt.com |
| Flowserve Corp | View profile | 16000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | https://www.flowserve.com |
| Atlas Copco AB ADR | View profile | 53728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | https://www.atlascopcogroup.com |
| Sulzer AG | View profile | 13300 | Neuwiesenstrasse 15, Winterthur, Switzerland, 8401 | https://www.sulzer.com |
| Xylem Inc | View profile | 23000 | 300 Water Street SE, Washington, DC, United States, 20003 | https://www.xylem.com |
North America electric submersible pump market size, by country, 2018-2030 (US$M)
North America Electric Submersible Pump Market Outlook Share, 2024 & 2030 (US$M)
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