U.S. Electric Submersible Pump Market Size & Outlook
The electric submersible pump market in the United States is expected to reach a projected revenue of US$ 2,336.8 million by 2033. A compound annual growth rate of 3.8% is expected of the United States electric submersible pump market from 2026 to 2033.
Revenue, 2025 (US$M)
$1,772.9
Estimate, 2026 (US$M)
$1,802.2
Forecast, 2033 (US$M)
$2,336.8
CAGR, 2026 - 2033
3.8%
Global Market
Related Markets
U.S. electric submersible pump market highlights
- The U.S. electric submersible pump market generated a revenue of USD 1,772.9 million in 2025 and is expected to reach USD 2,336.8 million by 2033.
- The U.S. market is expected to grow at a CAGR of 3.8% from 2026 to 2033.
- In terms of segment, openwell was the largest revenue generating product in 2025.
- Non-Clog is the most lucrative product segment registering the fastest growth during the forecast period.
Electric submersible pump market data book summary
| Market revenue in 2025 | USD 1,772.9 million |
| Market revenue in 2033 | USD 2,336.8 million |
| Growth rate | 3.8% (CAGR from 2026 to 2033) |
| Largest segment | Openwell |
| Fastest growing segment | Non-Clog |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Borewell, Non-Clog, Openwell |
| 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, U.S. accounted for 18.5% of the global electric submersible pump market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. electric submersible pump market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 705.6 million by 2033.
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Publish Date: Jan 11, 2025
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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 |
|---|---|---|---|---|
| Xylem Inc | View profile | 23,000 | 300 Water Street SE, Washington, DC, United States, 20003 | www.xylem.com |
| Sulzer AG | View profile | 13,300 | Neuwiesenstrasse 15, Winterthur, Switzerland, 8401 | www.sulzer.com |
| Atlas Copco AB ADR | View profile | 53,728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | www.atlascopcogroup.com |
| Flowserve Corp | View profile | 16,000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | www.flowserve.com |
| ITT Inc | View profile | 10,600 | 100 Washington Boulevard, 6th Floor, Stamford, CT, United States, 06902 | www.itt.com |
| Schlumberger Ltd | View profile | 111,000 | 5599 San Felipe, 17th Floor, Houston, TX, United States, 77056 | www.slb.com |
| Ebara Corp | View profile | 19,629 | 11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, Japan, 144-8510 | www.ebara.co.jp |
| KSB SE & Co KGaA | View profile | 16,038 | Johann-Klein-Strasse 9, Frankenthal, RP, Germany, 67227 | www.ksb.com |
| Grundfos | View profile | 10001+ | Bjerringbro, Midtjylland, Denmark, Europe | www.grundfos.com/ |
| WILO | View profile | 5001-10000 | Dortmund, Nordrhein-Westfalen, Germany, Europe | www.wilo.com |
U.S. Electric Submersible Pump Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Electric Submersible Pump Market Outlook will help companies and investors design strategic landscapes.
Openwell was the largest segment with a revenue share of 59.14% in 2025.
Horizon Databook has segmented the U.S. electric submersible pump market based on borewell, non-clog, openwell covering the revenue growth of each sub-segment from 2021 to 2033.
- U.S. Electric Submersible Pump Market Product Outlook (Revenue, USD Million , 2021-2033)
- Borewell
- Openwell
- Non-Clog
- U.S. Electric Submersible Pump Market End use Outlook (Revenue, USD Million , 2021-2033)
- Agriculture
- Construction & Building Services
- Power Generation
- Oil & Gas
- Chemical
- Others
- Water & Wastewater
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Electric Submersible Pump Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Electric Submersible Pump Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.S. Electric Submersible Pump Market, 2021-2033 (US$M)
US Product - Electric Submersible Pump Market Statistics, 2025 - 2033 (US$M)
