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Europe Electric Submersible Pump Market Size & Share 2026-2035

Report ID: GMI12427
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Published Date: July 2026
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Europe Electric Submersible Pump Market Size

Europe electric submersible pump market was estimated at USD 2.05 billion in 2025. The market is expected to grow from USD 2.13 billion in 2026 to USD 3.3 billion in 2035, at a CAGR of 5.1% according to latest report published by Global Market Insights Inc.

Europe Electric Submersible Pump Market Key Takeaways

2025 Market Size
$ 2.05 Billion
2026 Market Size
$ 2.13 Billion
2035 Forecast Market Size
$ 3.3 Billion
CAGR (2026–2035)
5.1%
Regional Dominance
Largest Market
Germany
Fastest Growing Country
Spain
Key Players
  • Market Leader: Grundfos led with over 12% market share in 2025.

  • Leading Players: Top 5 players in this market include Grundfos, Xylem, Wilo SE, SLB, KSB SE & Co. KGaA, which collectively held a market share of 42% in 2025.

Key Market Drivers
  • EU Urban Wastewater Treatment Directive (2024/3019) and Drinking Water Directive
  • UK AMP8 Water Investment Cycle
  • Smart/IoT ESP Adoption and ASP Premiumization
Opportunity
  • EU Regulatory Mandates Transforming Water Sector ESP Demand
  • Agricultural Water Stress Reshaping Southern European ESP Markets
Challenges
  • Energy Transition: Long-Term Oil & Gas Demand Reduction
  • European Economic Uncertainty and CAPEX Deferral Risk
  • The Europe electric submersible pump (ESPs) market shows a clear structural division. Water-sector segments, including water and wastewater, agriculture, and industrial processing, are gaining momentum as EU regulations convert legal requirements into CAPEX spending.
  • The oil and gas segment is slowing as energy transition headwinds increasingly constrain demand for downhole artificial lift after 2028. Overall, the market is expected to outperform its historical growth rate, supported by replacement cycles, premiumization through smart connectivity, and the expansion of addressable markets beyond traditional energy-sector boundaries.
  • Directive (EU) 2024/3019, the updated Urban Wastewater Treatment Directive (UWWTD), effective January 1, 2025, will require thousands of European wastewater treatment plants to upgrade their tertiary and quaternary treatment processes. This mandate will directly expand the addressable market for non-clogging and sewage submersible ESPs until 2035.[1]
  • Regulatory mandates supporting the expansion of tertiary treatment facilities are strengthening demand for non-clog and sewage ESPs at lift stations used in secondary and tertiary treatment applications. In parallel, Directive (EU) 2020/2184 on drinking water quality, with compliance deadlines from 2023 to 2029, is driving investments in borehole pump replacements to enhance groundwater abstraction and distribution networks and meet the new quality standards.[2]
  • Germany, France, and Italy are expected to remain the key procurement markets associated with this growth driver, followed by Spain and the Netherlands during the middle of the forecast period. This regulatory momentum is a major factor supporting the water and wastewater segment’s growth rate.

Europe Electric Submersible Pump Market Research Report

Europe Electric Submersible Pump Market Trends

  • According to Ofwat’s PR24 final determination report, published in December 2024, English and Welsh water companies are expected to invest £104 billion in capital spending during Asset Management Period 8 (2025-2030). This represents the largest capital expenditure since the privatization of the water sector and nearly double the AMP7 capital outlay.[3]
  • The IPCC Sixth Assessment Report projects significant declines in freshwater availability across the Mediterranean region, with reduced river flows and groundwater replenishment becoming increasingly common in southern Europe due to warming trends.[4]
  • As a result, Spain, Italy, and southern France have operated under seasonal water stress conditions for some time, altering the cost structure of surface irrigation compared to underground ESPs. Supported by EU irrigation modernization programs funded through the Recovery and Resilience Facility and EU cohesion funds, farmers in Castile-La Mancha and Andalusia in Spain, as well as the Po Valley and Apulia in Italy, have shifted to groundwater ESPs.
  • The UK and Netherlands continental shelf oil and gas markets differ from the water sector trends that influence the Europe ESP market in terms of electricity demand. ESP acquisition in these markets is driven by the need to maintain continuous production from mature fields rather than by well drilling activity.
  • Regulation (EU) 2019/1781, which requires electric motors to meet energy efficiency standards, has reduced the effective lifespan of older ESP models and accelerated their replacement with IE3 and IE4 designs that use permanent magnet motors.[5] The utilities have integrated ESPs with variable frequency drives, monitoring sensors, and cloud-based controls, making them an integral part of water distribution networks.

Europe Electric Submersible Pump Market Analysis

Europe Electric Submersible Pump Market Size, By Product Type, 2022 – 2035 (USD Billion)
Based on product type, the Europe electric submersible pump market is classified into borehole submersible pump, wet-well / drainage submersible pump, non-clog / sewage submersible pump and downhole oil & gas ESP. The borehole submersible pump segment accounted for revenue of around USD 787 million in 2025 and is anticipated to grow at a CAGR of 5.5% from 2026 to 2035.

  • The borehole submersible pumps segment growth is primarily driven by the segment’s applicability across multiple sectors, with borehole ESPs used in municipal water supply and agricultural irrigation.
  • The research identifies agricultural irrigation as one of the two fastest-growing end-use applications for borehole ESPs. Product premiumization also supports growth, as customers shift from traditional SP-series borehole pumps to IoT-connected SPE-series borehole ESPs equipped with permanent magnet motors and CU302 interfaces.
  • Key platforms in this premiumization trend include Grundfos’s SPE46 series, Atlas Copco’s Weda D-series deep-well ESP, and Franklin Electric’s VS4 series, which received an efficiency upgrade in February 2026. Germany and the UK are the largest volume markets, while Spain and Italy are the fastest-growing borehole ESP procurement markets.
  • Non-Clog/sewage submersible pumps segment continues to benefit from investments in the construction and modernization of lift stations aligned with the EU Urban Waste Water Treatment Directive (UWWTD).
  • Xylem’s Flygt N-pump series and KSB’s Amarex KRT series remain key commercial benchmarks in this segment. Wilo’s EMU FA series and Grundfos’s SL series are strengthening their position in tenders for modern sewage treatment plants that integrate non-clog hydraulic systems with Internet-of-Things control units.
  • The downhole oil & gas ESPs segment is expected to register a 3.8% CAGR, reflecting a structural shift rather than a cyclical trend. Investment budgets among European oil & gas producers remain constrained due to the energy transition, with no clear recovery expected during the forecast period.
  • The downhole oil & gas segment ranks first in terms of average selling price (ASP), driven by the higher technical complexity of subsea and deep-well applications compared with surface water applications.

Europe Electric Submersible Pump Market Revenue Share (%), By End Use, (2025)

Based on end use, the Europe electric submersible pump market is segmented into water & wastewater, oil & gas, agriculture & irrigation, mining & construction and industrial & chemical processing. The water and wastewater segment held 35.9% of the total market share in 2025 and is anticipated to grow at a CAGR of 6% from 2026 to 2035.

  • Regulations primarily drive growth in this sub-segment, making it relatively resilient compared to industrial discretionary capex investments, which face higher risks from macroeconomic slowdowns.
  • The agriculture & irrigation segment is shifting from single-pump irrigation systems to multi-pump borehole ESPs that optimize flow rates based on seasonal aquifer levels.
  • The industrial & chemical processing segment growth is supported by the chemical, pharmaceutical, and precision manufacturing sectors in the Netherlands, Germany, and Switzerland.
  • The Netherlands’ chemical industry cluster in Rotterdam, where Wilo and Flowserve operate industrial sales teams, and Switzerland’s pharmaceutical manufacturing sector, where Sulzer is active in process pumps, represent the highest ASP procurement centers in this segment.
  • The mining & construction segment is supported by Regulation (EU) 2024/1252, the Critical Raw Materials Act, which targets 10% extraction of strategic raw materials within the EU by 2030. The policy directly supports dewatering ESP procurement from designated lithium and copper mines in Sweden and Germany.[6]

Europe Electric Submersible Pump Market

Germany Electric Submersible Pump Market Size, 2022 – 2035, (USD Million)
Germany dominates the Europe market and valued at USD 382.4 million in 2025 and is estimated to grow at a CAGR of 4.4% from 2026 to 2035.

  • Germany is the largest country market within the Europe market.
  • The 2024 economic slowdown in the German industrial sector reduced capital expenditure on pumps. The anticipated recovery of the German manufacturing PMI after 2026 is expected to drive replacement demand for ESPs, particularly across the chemicals, pharmaceuticals, and automotive supply chain industry clusters in Bavaria, Baden-Württemberg, and the Rhine-Ruhr region.
  • KSB SE & Co. KGaA, based in Frankenthal, is expected to report revenue exceeding EUR 3 billion in fiscal year 2025. Moreover, European order generation is expected to remain the company’s strongest regional performance metric, demonstrating the dominant position of established OEMs in pump purchases in Germany and across Europe.

The UK electric submersible pump market is valued at USD 373 million in 2025; projected to grow at a CAGR of 5.5% during the forecast period.

  • The UK market is driven almost exclusively by AMP8. Ofwat’s (Water Services Regulation Authority) PR24 final determinations, expected in December 2024, include a GBP 104 billion (~USD 140 billion) commitment to invest in water companies during 2025-2030.
  • Storm overflow reduction, targeting a 45% reduction by 2030 compared to 2021, and leakage reduction, targeting a 20% reduction by 2030, are two of the key performance commitments.
  • Both initiatives require extensive use of ESPs: storm overflow reduction requires new sewerage lift stations, while leakage reduction requires pressure management through submersible pump changeovers in the distribution network.

Italy market is expected to reach USD 471 million by 2035.

  • Italy’s demand outlook is supported by two key growth streams such as agriculture and water treatment.
  • Agricultural borehole ESP demand in the Po Valley and southern regions, where EU cohesion funds are supporting irrigation system modernization.
  • Investment in municipal water treatment plants upgrade across central and southern provinces to meet Urban Waste Water Treatment Directive implementation deadlines.
  • Domestic manufacturers, including DAB Pumps, Pedrollo, and Caprari, maintain strong positions in the borehole pump market for agricultural and residential applications.

Europe Electric Submersible Pump Market Share

In 2025, the top five companies such as Grundfos, Xylem, Wilo SE, SLB, and KSB SE & Co. KGaA collectively captured ~42% of the market share.

  • Grundfos remains a leading market participant, supported by its broad portfolio and strong global revenue base. Its SP/SPE borehole pump range, SL sewage submersible range, and Unilift portable drainage pumps collectively address key European water sector ESP applications. The company’s strategic emphasis on acquisitions, innovation, and geographic expansion is expected to support above-average growth in Southern Europe and the Middle East. Grundfos’ production capacity expansions in Hungary and Serbia are expected to improve European production flexibility for water utility and wastewater products and reduce delivery times to high-growth southern markets.
  • Xylem Inc., which operates its European business through its Flygt and Goulds brands, remains a key player in the non-clogging and sewage submersibles market. Flygt’s N-pump technology, which uses proprietary N-hydraulics to clear fibrous materials and handle large solids, has become a specification standard in European municipal sewage tenders. Xylem has enhanced its Flygt sewage pump line with intelligent defect analysis and performance tracking capabilities, enabling predictive maintenance scheduling within water authorities’ SCADA systems. Its business collaboration with Gross-Wen Technologies highlights its strategic objective to deliver integrated treatment outcomes rather than standalone pumping equipment.

Europe Electric Submersible Pump Market Companies

Major players operating in the electric submersible pump industry include:

Global Players

  • SLB
  • Baker Hughes Company
  • Halliburton Company
  • Grundfos Holding A/S
  • KSB SE & Co. KGaA
  • WILO SE
  • Xylem Inc.
  • Flowserve Corporation

Regional Players

  • Weatherford International plc
  • Borets International Limited
  • National Oilwell Varco
  • Atlas Copco AB
  • Sulzer AG
  • Weir Group PLC
  • Caprari S.p.A.
  • ANDRITZ AG

Emerging Players & Innovators

  • Novomet
  • Oil Dynamics GmbH
  • Alkhorayef Petroleum Company
  • DOS Canada Inc.
  • DAB Pumps S.p.A.

Wilo SE holds a strong position across the wet well, sewage, and industrial ESP segments. Wilo’s planned acquisition of a majority stake in PreFab is intended to support AI-driven pumping station modules, offering an intelligent solution as municipalities increasingly favor complete stations over component sourcing. Wilo’s EMU FA sewage pump range and Rexa Smart Bloc submersible mixer range are widely installed at wastewater facilities in Germany, Austria, and Switzerland, where the company’s strong channel relationships serve as a competitive moat.

SLB maintains a notable market presence through its Reda ESP product range, which supports artificial lift platforms in the UK North Sea and the Netherlands Continental Shelf. The company’s Reda Agile compact wide-range ESP and Reda PowerEdge ESPCP system for low-flow mature wells addresses North Sea operators’ need to extend unit run-life rather than pursue broad-scale equipment replacement.

KSB SE & Co. KGaA maintains a strong revenue base, with Europe remaining its leading order intake region. The company’s Amarex KRT sewage pump series and Etanorm process pump series are its main product lines used by European industries and municipalities. KSB is directing a significant portion of its capital investment toward European facilities to build capacity ahead of accelerating procurement driven by the UWWTD.

Europe Electric Submersible Pump Industry News

  • In June 2026, Xylem and Gross-Wen Technologies announced a commercial partnership to advance integrated industrial wastewater treatment solutions, extending Xylem's European value proposition beyond pump hardware into treatment system delivery.
  • In April 2026, Franklin Electric Europe introduces the Drainage & Wastewater X Series for European markets, a new submersible pump platform designed for drainage and wastewater applications with enhanced durability and extended service life.
  • In February 2026, Franklin Electric Europe launched the improved VS4 Submersible Pump (revised hydraulic design for the 1–8 m³/h range) and the new NCV Series vertical multistage pumps for civil and industrial water supply applications.
  • In January 2026, Atlas Copco Power and Flow launched the Weda D95 electric submersible dewatering pump, incorporating Wear Deflector Technology for extended run life in abrasive mining and tunnelling environments.
  • In December 2025, Pioneer Pump (Franklin Electric Group) acquired Geoquip, strengthening the group's water utility service and maintenance network across the UK market, with direct relevance to AMP8 procurement programs.

Europe electric submersible pump market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Million) and volume (Units) from 2022 to 2035, for the following segments:

Market, By Product Type

  • Borehole Submersible Pump
  • Wet-Well / Drainage Submersible Pump
  • Non-Clog / Sewage Submersible Pump
  • Downhole Oil & Gas ESP

Market, By Operation

  • Single-Stage
  • Multistage

Market, By Power Rating

  • Up to 0.75 kW
  •  0.75 kW – 11 kW
  • 11 kW – 75 kW
  • Above 75 kW

Market, By End Use

  • Water & Wastewater
  • Oil & Gas
  • Agriculture & Irrigation
  • Mining & Construction
  • Industrial & Chemical Processing

The above information is provided for the following regions and countries:

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Netherlands
  • Sweden
  • Denmark
  • Austria
  • Switzerland
Authors:  Avinash Singh, Sunita Singh

Table of Contents

Chapter 1   Research methodology

Chapter 2   Executive Summary

Chapter 3   Industry Insights

Chapter 4   Competitive Landscape, 2025

Chapter 5   Market Estimates & Forecast, By Product Type, 2022 – 2035, (USD Million) (Units)

Chapter 6   Market Estimates & Forecast, By Operation, 2022 – 2035, (USD Million) (Units)

Chapter 7   Market Estimates & Forecast, By Power Rating, 2022 – 2035, (USD Million) (Units)

Chapter 8   Market Estimates & Forecast, By End Use, 2022 – 2035, (USD Million) (Units)

Chapter 9   Market Estimates & Forecast, By Region, 2022 – 2035, (USD Million) (Units)

Chapter 10   Company Profiles

Frequently Asked Question(FAQ) :
How big is the Europe electric submersible pump market?
The Europe electric submersible pump market size was estimated at USD 2.05 billion in 2025 and is expected to reach USD 2.13 billion in 2026.
What is the 2035 forecast for the Europe electric submersible pump market?
The market is projected to reach USD 3.3 billion by 2035, growing at a CAGR of 5.1% from 2026 to 2035.
Which country dominates the Europe electric submersible pump market?
Germany currently holds the largest share of the Europe electric submersible pump market in 2025.
Which country is expected to grow the fastest in the Europe electric submersible pump market?
Spain is projected to be the fastest-growing country during the forecast period.
Who are the major players in Europe electric submersible pump market?
Some of the major players in Europe electric submersible pump market include Grundfos, Xylem, Wilo SE, SLB, KSB SE & Co. KGaA.

Research methodology, data sources & validation process

This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.

Our 6-step research process

  1. 1. Research design & analyst oversight

    At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.

    Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.

  2. 2. Primary research

    Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.

  3. 3. Data mining & market analysis

    Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.

  4. 4. Market sizing

    Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.

  5. 5. Forecast model & key assumptions

    Every forecast includes explicit documentation of:

    • ✓ Key growth drivers and their assumed impact

    • ✓ Restraining factors and mitigation scenarios

    • ✓ Regulatory assumptions and policy change risk

    • ✓ Technology adoption curve parameter

    • ✓ Macroeconomic assumptions (GDP growth, inflation, currency)

    • ✓ Competitive dynamics and market entry/exit expectations

  6. 6. Validation & quality assurance

    The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.

    Our triple-layer validation process ensures maximum data reliability:

    • ✓ Statistical Validation

    • ✓ Expert Validation

    • ✓ Market Reality Check

Trust & credibility

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Years in Service
Consistent delivery since establishment
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Professional standards & satisfaction
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Certified Quality
ISO 9001-2015 Certified Company
150+
Research Analysts
Across 10+ industry verticals
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Client Retention
5-year relationship value

Verified data sources

  • Trade publications

    Security & defense sector journals and trade press

  • Industry databases

    Proprietary and third-party market databases

  • Regulatory filings

    Government procurement records and policy documents

  • Academic research

    University studies and specialist institution reports

  • Company reports

    Annual reports, investor presentations, and filings

  • Expert interviews

    C-suite, procurement leads, and technical specialists

  • GMI archive

    13,000+ published studies across 30+ industry verticals

  • Trade data

    Import/export volumes, HS codes, and customs records

Parameters studied & evaluated

Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →

Authors:  Avinash Singh, Sunita Singh
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