The vertical immersion pumps market has shown steady growth in recent years, with figures rising from $3.55 billion in 2024 to $3.68 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 3.6% and is largely attributed to industrial applications, efficiency and reliability, the expansion of the oil & gas sector, and increasing demand for chemical processing and water and wastewater treatment.
Moving forward, the market is projected to maintain stable growth, reaching $4.41 billion in 2029 at a CAGR of 4.7%. The forecasted growth can be associated with the integration of industry 4.0, focus on energy efficiency, emergence of renewable energy sectors, development of advanced materials, and rising demand in Asia-Pacific.
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What’s Driving the Vertical Immersion Pumps Market Growth?
The vertical immersion pumps market is set for strong growth in the future due to increasing demand from various industries such as irrigation, dewatering, water cooling, and oil, gasoline, and lubricant transfer. These pumps are in high demand in the oil and gas, chemical, and power generation industries due to their diverse applications. For instance, a report from the U.S. Energy Information Administration (EIA) in October 2022 forecasted an increase in global liquid fuel consumption by 100.98 million barrels per day in 2023, thereby driving the demand in the market.
What are the Key Segments of the Vertical Immersion Pumps Market?
– By Product Type: Line Shaft Pump (VS-4), Cantilever Pump (VS-5)
– By Material: PP (GFR), PVDF, Cast Iron, Ductile Cast Iron, WCB, Other Materials
– By Capacity: Up To 100m3/hr, 100 To 500m3/hr, 500 To 1000m3/hr, Above 1000m 3/hr
– By Application: Irrigation, Potable Water Supply, Water Cooling, Dewatering, Geothermal Well, Oils, Fuels, Lubricants Transfer, Other Applications
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Who are the Major Players in the Vertical Immersion Pumps Market?
The vertical immersion pumps market is populated by several major players such as KSB SE & Co. KGaA, ITT Inc., Ruhrpumpen Group, Castle Pumps Ltd., AxFlow Holding AB, Flowserve Corporation, North Ridge Pumps Ltd., Tapflo Group, Vertiflo Pump Company, FLUX-Geräte GmbH, Salvatore Robuschi and C. S.r.l., Lenntech BV, Brinkmann Pumps GmbH + Co. KG, Gusher Pumps Inc., C.R.I. Pumps Pvt. Ltd., and others.
What are the Emerging Trends in the Vertical Immersion Pumps Market?
Prominent companies operating in the vertical immersion pumps market are focusing on developing technologically advanced solutions such as pumps and filtration systems to enhance efficiency and sustainability in fluid handling applications across various industries. In February 2024, Hendor, a manufacturing company based in Netherlands, launched D43 series vertical pumps designed for enhancing energy efficiency and sustainability in industrial applications.
What Does the Regional Analysis Reveal About the Vertical Immersion Pumps Market?
In 2024, North America was the largest region in the vertical immersion pumps market. However, Asia-Pacific is predicted to be the fastest-growing region in the forecast period. The regions covered in this market report includes Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Vertical Immersion Pumps Market Report 2025 Offer?
Vertical immersion pumps are pumping technology that uses an elongated shaft enclosed in a column to separate the motor from the pump, allowing the motor to remain outside the fluid. The vertical immersion pumps market research report provides insights into the global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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