The Southeast Asia submersible pumps market reached USD 710.4 million in 2024. Southeast Asia demand for submersible pumps recorded 4.7% year-over-year growth in 2024, and thus, the market is expected to reach USD 743.8 million in 2025. Over the projection period (2025 to 2035), Southeast Asia submersible pumps sales are predicted to rise swiftly at 5.7% CAGR and climb to a market size of USD 1,294.8 million by 2035's end.
The Southeast Asia submersible pumps market is expected to grow steadily due to increasing infrastructure development, water management needs, and agricultural activities. Emerging trends such as automation, energy efficiency, and the adoption of advanced materials are likely to further drive market growth. Additionally, government initiatives to improve water and sanitation services and reduce energy consumption will play a key role in shaping the market landscape.
Attributes | Key Insights |
---|---|
Estimated Size, 2025 | USD 734.8 million |
Projected Size, 2035 | USD 1,294.8 million |
Value-based CAGR (2025 to 2035) | 5.7% |
Infrastructure projects are growing in number in many Southeast Asian nations, which is increasing the demand for water pumping solutions. Additionally, Vietnam and Indonesia are dominating in terms of infrastructure investments to accommodate the rising urban population.
For example, Indonesia’s ambitious Nusantara city project is anticipated to increase demand for construction equipment, such as submersible pumps for water management and dewatering.
Moreover, governments are emphasizing projects to enhance drainage and flood control systems, especially in areas highly susceptible to flood, including Thailand and Philippines. Thus, the need for dependable drainage and water movement solutions in construction projects fuels the adoption of submersible pumps.
The market is growing in Southeast Asia due to increased urbanization, more industrial demand, and the requirement for better irrigation systems in agriculture for its people. Their importance keeps on increasing due to the capability of submersible pumps to offer reliable, flexible, and efficient solutions for industrial and water management applications. Innovations and government support are likely to drive further growth in the coming years.
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The table below presents the annual growth rates of the Southeast Asia submersible pumps market from 2025 to 2035. With a base of 2024 and extended to the current year 2025, the report studied how the industry growth trajectory moves from the first half of the year-that is, January to June, (H1)-to the second half comprising July to December, (H2). This is an absolute comparison to offering the stakeholder's idea of how the sector has performed over time, with hints on developments that may emerge.
These figures indicate the sector's growth in each half-year between 2024 and 2025. The market is expected to grow at a CAGR of 4.8% in H1-2024, and in H2, the growth rate will increase to 5.0%.
Particular | Value CAGR |
---|---|
H1 2024 | 4.8% (2024 to 2034) |
H2 2024 | 5.0% (2024 to 2034) |
H1 2025 | 5.2% (2025 to 2035) |
H2 2025 | 5.6% (2025 to 2035) |
Moving into the subsequent period, from H1 2025 to H2 2025, the CAGR is projected to slightly decrease to 5.2% in the first half and relatively increase to 5.6% in the second half. In the first half (H1), the sector saw an increase of 40 BPS while in the second half (H2), there was a slight increase of 60 BPS.
Rising Energy Efficiency and Cost Savings
As energy consumption becomes a more pressing concern globally, the focus on energy-efficient submersible pumps is increasing, especially in regions like Southeast Asia where industrial growth, urbanization, and agricultural activities are on the rise. The demand for energy-efficient pumps is largely driven by the need to reduce operational costs and environmental impact.
Smart pumps help analyze attributes, including pressure, motor health, and water flow. Additionally, predictive maintenance decreases downtime while increasing the lifespan of the pump by detecting potential failures to reduce their occurrence.
Moreover, the tightening regulations pertaining to decreasing emissions are increasing the uptake of more efficient technologies, including smart pumps. Governments across the region are increasingly recognizing the significance of energy efficiency and encouraging to deploy sustainable systems.
Rising energy efficiency in submersible pumps is a key trend shaping the Southeast Asia market. Energy-efficient pumps not only provide significant cost savings but also support sustainability goals, helping businesses reduce their environmental footprint. As technologies improve and energy regulations tighten, the demand for energy-efficient submersible pumps is expected to grow, driving both market expansion and long-term cost savings.
Increasing Industrial and Agricultural Automation
Automation in both industrial and agricultural sectors is driving substantial changes in the way businesses operate, increasing the need for more advanced, reliable, and efficient equipment. Submersible pumps are an integral part of this transformation, offering automated solutions that improve productivity, reduce labor costs, and enhance system efficiency.
Nowadays many farms and industries are progressively using automated systems to enhance efficiency. Smart submersible pumps allow remote control and data analytics, which are essential for large-scale processes.
Also, manufacturers are designing unique solutions to meet specific customer requirements and application needs including handling abrasive fluids, high-pressure applications, and deep well pumping.
The agriculture space is also becoming growingly automated and technological innovations are occurring in the field of AI, robotics, and machine learning to simplify the irrigation process.
The increasing trend of industrial and agricultural automation is playing a significant role in the growth of the submersible pumps market. Automation provides numerous benefits, including improved efficiency, reduced labor costs, enhanced reliability, and better resource management. As industries and farms continue to adopt automated systems, the demand for smart, energy-efficient submersible pumps will rise, further driving innovation and expansion in the market.
Industrial Growth Driving Demand for Submersible Pumps in Southeast Asia
Southeast Asia's industrial sector, including manufacturing and chemical processing, is rapidly expanding. This growth is creating an increasing demand for efficient equipment like submersible pumps. These pumps are essential in moving fluids such as water, chemicals, and slurries in various industrial applications.
In manufacturing plants, they are used for cooling systems, drainage, and wastewater management. Chemical processing industries rely on submersible pumps for handling corrosive liquids safely and efficiently.
As industries in countries like Vietnam, Thailand, and Indonesia continue to grow, the need for reliable and durable pumping solutions also rises. Submersible pumps are favored because they can operate underwater and handle large volumes of liquids, making them suitable for demanding industrial environments. With energy efficiency and automation becoming more important, these pumps are also evolving to meet the changing needs of Southeast Asia’s industries, ensuring smoother operations and cost savings.
High Initial Investment May Restrain Product Uptake
The initial investment involved in submersible pumps prevents some potential customers from installing them. For instance, borewell and industrial-grade models, involve high purchase and installation prices matched to traditional surface pumps. Not only this, the replacement cost involved in this business is high.
Moreover, the apparatus such as impellers, seals, and bearings in submersible pumps need replacement due to wear owing to their continuous exposure to water. This factor compels the consumer to bear additional replacement costs.
Furthermore, regular upkeep and repairs are important to ensure the long-term performance and reliability of submersible pumps, which can add to the complete cost of ownership. For instance, damage to the motor or seals necessitates removing the pump from the fluid, which can be labor-intensive and expensive.
The Southeast Asia Submersible Pumps industry recorded a CAGR of 4.7% between 2020 and 2024. The industry's growth was positive, as it reached a value of USD 710.4 million in 2024 from USD 591.2 million in 2020.
From 2020 to 2024, the demand for submersible pumps in Southeast Asia grew steadily due to factors like urbanization, increasing industrial activities, and a rise in agricultural automation. Many countries in the region invested in water management, infrastructure, and industrial expansion, which drove the use of submersible pumps for wastewater treatment, irrigation, and industrial fluid handling. Also, the need for energy-efficient and reliable pumping systems became more important, leading to the adoption of advanced submersible pumps.
Looking ahead, the demand forecast from 2025 to 2035 is expected to see even greater growth. This is because of continued industrial growth, more smart technologies being integrated into pump systems, and a push for better water management due to climate concerns. The rise in automation across industries and agriculture, along with ongoing infrastructure development, will likely fuel a stronger need for efficient, automated, and durable submersible pumps in the region over the next decade.
Tier 1 companies include industry leaders with annual revenues exceeding USD 50 to 100 million. These companies are currently capturing a significant share of 45 to 55% Southeast Asia. These frontrunners are characterized by high production capacity and a wide product portfolio.
Tier 1 companies are distinguished by extensive manufacturing expertise and a broad geographical reach, underpinned by a robust consumer base. They provide a wide range of products to meet regulatory standards. Prominent companies within Tier 1 include Xylem Inc., Flowserve Corporation, KSB SE & Co. KGaA Grundfos, and others.
Tier 2 companies encompass mid-sized participants with revenues ranging from USD 30 to 50 million. They hold a presence in specific regions and exert significant influence in local economies. These firms are distinguished by their robust presence overseas and in-depth industry expertise.
They possess strong technology capabilities and adhere strictly to regulatory requirements. However, they may not always possess the latest cutting-edge technologies or maintain an extensive global reach. Noteworthy entities in Tier 2 include the Weir Group PLC, ITT Inc., Ebara Corporation
Tier 3 encompasses most small-scale enterprises operating within the regional sphere, catering to specialized needs with revenues below USD 10 to 30 million. These businesses are notably focused on meeting local demand and are hence categorized within the Tier 3 segment.
They are small-scale participants with limited geographical presence. In this context, Tier 3 is acknowledged as an informal sector, indicating a segment distinguished by a lack of extensive organization and formal structure compared to the structured one. Tier 3 Atlas Copco AB, Kubota Corporatio. WILO SE, and others.
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The section below covers assessments of submersible pumps sales across key countries. Countries from Southeast Asia, are anticipated to exhibit promising double-digit growth over the forecast period. All the below-listed countries are collectively set to reflect a CAGR of around 5.7% through the forecast period.
Countries | Value CAGR (2025 to 2035) |
---|---|
Thailand | 6.0% |
Indonesia | 5.8% |
Vietnam | 5.3% |
Philippines | 5.0% |
Singapore | 4.9% |
Indonesia is likely to hold a market share of 31.4% in 2025, driven by wide infrastructure projects, water management needs, and agriculture requirements. The country has more than 270 million populations and there is a rising demand for efficient wastewater management and water supply management systems due to industrialization and urbanization.
The country also has a heavy dependence on groundwater irrigation, which boosts the adoption of borewell pumps. Additionally, it is highly susceptible to flood and the product proves feasible for drainage management in rural areas.
Indonesia's rapidly expanding industrial base, including manufacturing, mining, and chemical processing, is increasing the demand for submersible pumps. These pumps are used for fluid handling in various industrial applications, such as wastewater management, cooling systems, and chemical processing.
Indonesia’s geographical conditions, such as frequent flooding and the need for effective water management in coastal and rural areas, further drive the demand for submersible pumps.
The market in Malaysia is growing due to the demand from agricultural and industrial sectors. This, coupled with urban infrastructure development is fostering expansion. Moreover, the country has a growing emphasis on enhancing wastewater treatment facilities and water distribution since it is developing quickly.
Agriculture remains an important sector in Malaysia, and submersible pumps are vital for irrigation systems. With modern farming methods and an increasing focus on water conservation, demand for energy-efficient and automated pumps is growing.
Moreover, rising urbanization in cities including Kuala Lumpur is increasing investments in smart water systems, such as IoT-based pumps. Furthermore, the country is focusing on sustainable water resource management under its Smart City Framework.
Malaysia is investing heavily in infrastructure development, especially in its urban centers. This includes water supply systems, sewage treatment, and flood control, all of which rely on submersible pumps for efficient water movement and management.
Thailand is likely to hold 24.3% market share in 2025 owing to its heavy dependence on manufacturing and agriculture, which are key end-users of submersible pumps. The growth in the country can further be credited to growing number of flood management systems and infrastructure projects by the government.
Additionally, the country is one of the largest exporters of rice, which leads to the massive usage of borewell pumps for irrigation. Not only this, the product finds high applications in mining and petrochemical sectors. The government of the country has also made considerable investments in flood prevention and drainage projects to cope up with monsoon-related flooding.
Thailand is frequently affected by flooding, particularly during the rainy season. Submersible pumps are key in flood-prone areas for drainage and water removal, preventing damage to infrastructure and homes. The country's ongoing focus on improving flood management systems increases the need for reliable submersible pumps.
The section explains the Value Share of the leading segments in the industry. In terms of Head Type, the 50 to 100m will likely dominate and generate a share of around 28.9% in 2024.
Segment | Value Share (2025) |
---|---|
50 to 100m (Head Type) | 45% |
Based on head type the market is divided into below 50 m, 50 to 100m, and above 100m. The 50 to 100m segment is likely to hold 45% market share in 2025. These head types have high pressure and flow rates and are versatile and energy-efficient.
These pumps are designed to handle high pressure and flow, making them suitable for a wide range of applications like water supply systems, irrigation, and industrial fluid handling. Their ability to overcome significant pressure changes enables them to deliver water to greater heights, which is essential in urban, agricultural, and industrial environments.
They also have a compact and space-saving nature and operate quietly. These high-pressure pumps are designed to deliver water to heights, overcoming considerable pressure changes.
Also, modern 50 to 100-meter submersible pumps are now being designed keeping energy efficiency in mind. They often incorporate features such as flexible speed drives, which adjust the pump’s speed based on demand, optimizing energy consumption.
Segment | Value Share (2025) |
---|---|
Agriculture (Application) | 40% |
Based on application, the submersible pumps market is divided into agriculture, infrastructure & mining, residential, industrial water supply, oil & gas, firefighting, non-industrial water supply, and others. The agriculture segment held 40% market share in 2025.
The agriculture sector is significantly driving the demand for submersible pumps, contributing to their growing market share. From efficient irrigation and water management to flood control and energy efficiency, submersible pumps are essential in modern farming. As the demand for sustainable and productive farming methods increases, submersible pumps will continue to play a key role in meeting these needs, leading to a higher market share in the agricultural application segment.
The flourishing agriculture sector drives the segment growth. Governments across the region are heavily investing in decarbonizing the agriculture sector, which is working in favor of segment growth.
The section provides comprehensive assessments and insights that highlight current opportunities and emerging trends for companies in developed and developing countries. It analyzes advancements in manufacturing and identifies the latest trends poised to drive new applications in the industry.
A few key players in the Submersible Pumps industry are actively enhancing capabilities and resources to cater to the growing demand for the compound across diverse applications. Leading companies also leverage partnership and joint venture strategies to co-develop innovative products and bolster resource base.
Significant players are also introducing new products to address the increasing need for cutting-edge solutions in various end-use sectors. Geographic expansion is another important strategy being embraced by reputed companies. Start-ups are likely to emerge in the sector through 2035, thereby making it more competitive.
Industry Updates
In terms of Head Type, the industry is divided into Below 50 m, 50 to 100m, Above 100m
In terms of Product Type, the industry is divided into Borewell, Non-Clog, Open Well
In terms of Application, the industry is divided into Agriculture, Infrastructure & Mining, Residential, Industrial Water Supply, Oil & Gas Fire Fighting, Non-Industrial Water Supply, Others
Key countries of Malaysia, Thailand, Vietnam, The Philippines, Singapore, Indonesia, Other Countries, have been covered in the report.
The Southeast Asia market was valued at USD 710.4 million in 2024.
The Southeast Asia market is set to reach USD 743.8 million in 2025.
Southeast Asia demand is anticipated to rise at 5.7% CAGR.
The industry is projected to reach USD 1,294.8 million by 2035.
Xylem Inc., Flowserve Corporation, KSB SE & Co. KGaA, Grundfos, The Weir Group PLC, ITT Inc., Ebara Corporation, Atlas Copco AB, Kubota Corporation, WILO SE.
Estimated Market Size (2025) | USD 28.5 billion |
Projected Market Value (2035) | USD 48.6 billion |
Value-based CAGR (2025 to 2035) | 5.48% |
Estimated Market Size (2024E) | USD 51.6 billion |
---|---|
Projected Market Value (2034F) | USD 136.2 billion |
Value-based CAGR (2024 to 2034) | 10.2% |
Estimated Market Size (2023) | USD 33 billion |
---|---|
Projected Market Size (2033) | USD 60 billion |
CAGR (2023 to 2033) | 6.2% |
Expected Market Value in 2023 | USD 95 billion |
---|---|
Projected Market Value in 2033 | USD 200 billion |
Growth Rate (2023 to 2033) | 7.7% CAGR |
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