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Machinery & Equipment Global Electric Submersible Pump Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4654810
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 88 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Electric Submersible Pump market size was valued at US$ 3628 million in 2024 and is forecast to a readjusted size of USD 6302 million by 2031 with a CAGR of 8.3% during review period.
Electrical Submersible Pumps (ESP) are one of the most reliable and efficient ways to lift fluids to the surface, both oil and water. As the name suggests, it is submerged into the reservoir fluids and pushes the fluid to the surface. The ESP pumps can be designed to handle fluids of up to 60,000 b/d and cover various well conditions and production profiles, and generally a low cost solution for high volumes of lifting.

Submersible pump to fundamentally eliminate the phenomenon of air resistance, the use of positive pressure push the principle of a fundamental solution to the high-temperature environment, high-lift, long-range conditions, pipeline pump, volumetric pumps, vane pumps and other negative work principle of the electric pump cannot solve the problem (such as less oil, not even the drawbacks of oil).
Russia is the largest market with about 24% revenue market share. Followed by USA, accounting for about 21% revenue market share.
The key players are Schlumberger, Borets Company, General Electric, GE (Baker Hughes), Halliburton, Canadian Advanced ESP, Lvpai, Lishen Pump, Shengli Pump etc. Top 3 companies occupied about 51% revenue market share.
This report is a detailed and comprehensive analysis for global Electric Submersible Pump market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electric Submersible Pump market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Electric Submersible Pump market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Electric Submersible Pump market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2020-2031
Global Electric Submersible Pump market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Submersible Pump
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Submersible Pump market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, Borets Company, General Electric, GE (Baker Hughes), Halliburton, Canadian Advanced ESP, Lvpai, Lishen Pump, Shengli Pump, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Submersible Pump market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Low Temperature ESP
High Temperature ESP
Market segment by Application
Onshore
Offshore
Major players covered
Schlumberger
Borets Company
General Electric
GE (Baker Hughes)
Halliburton
Canadian Advanced ESP
Lvpai
Lishen Pump
Shengli Pump
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Submersible Pump product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Submersible Pump, with price, sales quantity, revenue, and global market share of Electric Submersible Pump from 2020 to 2025.
Chapter 3, the Electric Submersible Pump competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Submersible Pump breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electric Submersible Pump market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Submersible Pump.
Chapter 14 and 15, to describe Electric Submersible Pump sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Electric Submersible Pump Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Low Temperature ESP
    • 1.3.3 High Temperature ESP
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Electric Submersible Pump Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Onshore
    • 1.4.3 Offshore
  • 1.5 Global Electric Submersible Pump Market Size & Forecast
    • 1.5.1 Global Electric Submersible Pump Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Electric Submersible Pump Sales Quantity (2020-2031)
    • 1.5.3 Global Electric Submersible Pump Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Schlumberger
    • 2.1.1 Schlumberger Details
    • 2.1.2 Schlumberger Major Business
    • 2.1.3 Schlumberger Electric Submersible Pump Product and Services
    • 2.1.4 Schlumberger Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Schlumberger Recent Developments/Updates
  • 2.2 Borets Company
    • 2.2.1 Borets Company Details
    • 2.2.2 Borets Company Major Business
    • 2.2.3 Borets Company Electric Submersible Pump Product and Services
    • 2.2.4 Borets Company Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Borets Company Recent Developments/Updates
  • 2.3 General Electric
    • 2.3.1 General Electric Details
    • 2.3.2 General Electric Major Business
    • 2.3.3 General Electric Electric Submersible Pump Product and Services
    • 2.3.4 General Electric Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 General Electric Recent Developments/Updates
  • 2.4 GE (Baker Hughes)
    • 2.4.1 GE (Baker Hughes) Details
    • 2.4.2 GE (Baker Hughes) Major Business
    • 2.4.3 GE (Baker Hughes) Electric Submersible Pump Product and Services
    • 2.4.4 GE (Baker Hughes) Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 GE (Baker Hughes) Recent Developments/Updates
  • 2.5 Halliburton
    • 2.5.1 Halliburton Details
    • 2.5.2 Halliburton Major Business
    • 2.5.3 Halliburton Electric Submersible Pump Product and Services
    • 2.5.4 Halliburton Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Halliburton Recent Developments/Updates
  • 2.6 Canadian Advanced ESP
    • 2.6.1 Canadian Advanced ESP Details
    • 2.6.2 Canadian Advanced ESP Major Business
    • 2.6.3 Canadian Advanced ESP Electric Submersible Pump Product and Services
    • 2.6.4 Canadian Advanced ESP Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Canadian Advanced ESP Recent Developments/Updates
  • 2.7 Lvpai
    • 2.7.1 Lvpai Details
    • 2.7.2 Lvpai Major Business
    • 2.7.3 Lvpai Electric Submersible Pump Product and Services
    • 2.7.4 Lvpai Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Lvpai Recent Developments/Updates
  • 2.8 Lishen Pump
    • 2.8.1 Lishen Pump Details
    • 2.8.2 Lishen Pump Major Business
    • 2.8.3 Lishen Pump Electric Submersible Pump Product and Services
    • 2.8.4 Lishen Pump Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Lishen Pump Recent Developments/Updates
  • 2.9 Shengli Pump
    • 2.9.1 Shengli Pump Details
    • 2.9.2 Shengli Pump Major Business
    • 2.9.3 Shengli Pump Electric Submersible Pump Product and Services
    • 2.9.4 Shengli Pump Electric Submersible Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Shengli Pump Recent Developments/Updates

3 Competitive Environment: Electric Submersible Pump by Manufacturer

  • 3.1 Global Electric Submersible Pump Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Electric Submersible Pump Revenue by Manufacturer (2020-2025)
  • 3.3 Global Electric Submersible Pump Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Electric Submersible Pump by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Electric Submersible Pump Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Electric Submersible Pump Manufacturer Market Share in 2024
  • 3.5 Electric Submersible Pump Market: Overall Company Footprint Analysis
    • 3.5.1 Electric Submersible Pump Market: Region Footprint
    • 3.5.2 Electric Submersible Pump Market: Company Product Type Footprint
    • 3.5.3 Electric Submersible Pump Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Electric Submersible Pump Market Size by Region
    • 4.1.1 Global Electric Submersible Pump Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Electric Submersible Pump Consumption Value by Region (2020-2031)
    • 4.1.3 Global Electric Submersible Pump Average Price by Region (2020-2031)
  • 4.2 North America Electric Submersible Pump Consumption Value (2020-2031)
  • 4.3 Europe Electric Submersible Pump Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Electric Submersible Pump Consumption Value (2020-2031)
  • 4.5 South America Electric Submersible Pump Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Electric Submersible Pump Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Electric Submersible Pump Sales Quantity by Type (2020-2031)
  • 5.2 Global Electric Submersible Pump Consumption Value by Type (2020-2031)
  • 5.3 Global Electric Submersible Pump Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Electric Submersible Pump Sales Quantity by Application (2020-2031)
  • 6.2 Global Electric Submersible Pump Consumption Value by Application (2020-2031)
  • 6.3 Global Electric Submersible Pump Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Electric Submersible Pump Sales Quantity by Type (2020-2031)
  • 7.2 North America Electric Submersible Pump Sales Quantity by Application (2020-2031)
  • 7.3 North America Electric Submersible Pump Market Size by Country
    • 7.3.1 North America Electric Submersible Pump Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Electric Submersible Pump Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Electric Submersible Pump Sales Quantity by Type (2020-2031)
  • 8.2 Europe Electric Submersible Pump Sales Quantity by Application (2020-2031)
  • 8.3 Europe Electric Submersible Pump Market Size by Country
    • 8.3.1 Europe Electric Submersible Pump Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Electric Submersible Pump Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Electric Submersible Pump Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Electric Submersible Pump Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Electric Submersible Pump Market Size by Region
    • 9.3.1 Asia-Pacific Electric Submersible Pump Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Electric Submersible Pump Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Electric Submersible Pump Sales Quantity by Type (2020-2031)
  • 10.2 South America Electric Submersible Pump Sales Quantity by Application (2020-2031)
  • 10.3 South America Electric Submersible Pump Market Size by Country
    • 10.3.1 South America Electric Submersible Pump Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Electric Submersible Pump Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Electric Submersible Pump Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Electric Submersible Pump Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Electric Submersible Pump Market Size by Country
    • 11.3.1 Middle East & Africa Electric Submersible Pump Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Electric Submersible Pump Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Electric Submersible Pump Market Drivers
  • 12.2 Electric Submersible Pump Market Restraints
  • 12.3 Electric Submersible Pump Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Electric Submersible Pump and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Electric Submersible Pump
  • 13.3 Electric Submersible Pump Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Electric Submersible Pump Typical Distributors
  • 14.3 Electric Submersible Pump Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Electric Submersible Pump. Industry analysis & Market Report on Electric Submersible Pump is a syndicated market report, published as Global Electric Submersible Pump Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Electric Submersible Pump market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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