The submersible pump is an important equipment for lifting water from deep wells. When in use, the whole unit dives into the water to work, extracting groundwater to the surface, which is domestic water, mine rescue, industrial cooling, farmland irrigation, seawater lifting, ship loading, and can also be used for fountain landscape. Hot water submersible pumps are used for hot spring bathing, and can also be used for extracting groundwater from deep wells, and can also be used for water lifting projects such as rivers, reservoirs, and canals. It is mainly used for farmland irrigation and human and livestock water in high mountainous areas, and can also be used for air conditioning cooling, heat pump units, cold pump units, cities, factories, railways, mines, and construction sites.
Mechanical classification of submersible pumps.
Source**: Joint Research Industry Consulting (Joint Research Network).
A centrifugal electric submersible pump (ESP) is an artificial lifting system that uses an electric motor to drive a multistage centrifugal pump to lift fluid from a wellbore. It is estimated that the global centrifugal electric submersible pump market size will reach 214 in 2029$100 million, with a CAGR of 50%。
2018-2029 global centrifugal electric submersible pump market size** and growth rate.
Source**: Joint Research Industry Consulting (Joint Research Network).
The major manufacturers of centrifugal electric submersible pumps in the world include Baker Hughes, SLB, Haliburton, Sulzer, Flowserve, Alkhorayef Petroleum, Novomet, Levare International, Canadian Advanced ESP, etc., and the top five manufacturers of centrifugal electric submersible pumps in the world accounted for about 50% in 2022 market share.
2022 Global Centrifugal Electric Submersible Pump Major Manufacturers Ranking.
Source**: Joint Research Industry Consulting (Joint Research Network).
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