Vertical Immersion Pumps Market Outlook 2031:
The global vertical immersion pumps market size was valued at USD 3.65 Billion in 2022 and is projected to reach USD 5.57 Billion by 2031, expanding at a CAGR of 4.8% during the forecast period 2023 - 2031. The growth of the vertical immersion pumps market is attributed to the growing adoption of IoT-equipped devices and automation in the vertical immersion pumps industry.
A vertical pump is also known as a vertical turbine pump, which covers several different configurations such as double case, submersible, solid handling, sump, slurry, wet-pit, and liquid. These pumps come in various sizes, materials, and hydraulic combinations. The vertical pumps are suitable for various applications and different ranges of flow inputs.
Vertical pumps usually work with a diesel engine or an electric motor. At least one spinning impeller is connected to the motor through a shaft submerged in a liquid. More than one impeller is used to create high pressure. Several impellers are used mainly for deep-level wells. The pump starts working when the liquid flows through it through suction or vacuum bell. It moves the impeller to raise the velocity of the flow of the liquid.
The liquid flows over the impeller into a diffuser bowl. Through the diffuser bowl, the liquid flows through the length of a vertical pipe towards a discharge head located on the surface area. A vertical immersion pump is one type of vertical pump.
Vertical immersion pumps, also referred to as shaft pumps and vertical column pumps, are pumps with elongated shafts encased in columns that separate the motor from the pump. In these types of pumps, pump impellers are submerged in fluid, while vertical shafts keep motors outside of fluids. Vertical immersion pumps as different from submersible pumps, where the whole assembly is immersed in fluids. There are two types of vertical immersion pumps available: cantilever pumps and line shaft pumps.
A cantilever pump has an extended motor shaft, which limits its length to around two meters. A line shaft pump has a similar design to a cantilever pump; however, this type of pump has a separate working shaft apart from a motor. A Line shaft pump is manufactured with longer lengths than a cantilever pump. The designs of vertical immersion pumps are similar to vertical centrifugal immersion pumps, where end suction is connected to the end of a column.
An impeller of a pump is stored in a special case, which is submerged in fluids. A shaft is connected to the impeller to facilitate its workings. A motor is placed on a base plate outside of the fluids, connecting to the submerged impeller. Vertical immersion pumps do not rely on a single bearing to take the load of a pump. The weight is distributed to several connected parts, which adds to the strength and lifespan of these pumps.
Such design of these pumps proves to be beneficial in comparison to the other types of pumps. These pumps are suited for deep tanks, wells, and sumps. These pumps have their motors placed outside the fluids, which facilitates them to be submerged in deep lengths according to the length of the tanks, wells, and sumps.
Vertical immersion pumps withstand high-temperature fluids, as their seals are situated outside of the fluid. This aids in avoiding progressive degradation of the pumps. When the liquid reaches its boiling point, it poses a threat of added pressure on the suction side of the pump. However, the design of the vertical immersion pumps aids in tackling the added pressure concern. The design of the pumps aids them in transferring flammable liquids as well. Vertical immersion pumps are compact and easy to maintain.
The motor of these pumps is installed outside of the fluid, which makes the pumps less susceptible to motor and seal failure. These pumps can have individual components designed and manufactured with a specific material to facilitate them to work for a specific application. Different materials that are compatible with different liquids and chemicals aid in eliminating cross-contamination within the materials. Vertical immersion pumps are used for various applications such as water supply, irrigation, dewatering, water cooling, geothermal well, oils, fuels, & lubricants transfer, and others in various industries.
The vertical immersion pumps market is expected to register growth in the coming years, due to constant increasing awareness, technological developments, product launches, and others. In August 2019, Brinkmann Pumps, a US-based manufacturer of productive pump solutions, patented Suction De-aeration System for its SAL series Quick Suctioning Immersion Pumps, which is suited for pumping extremely inflated fluids such as cooling oils.
In March 2020, North Ridge Pumps, a UK-based independent manufacturer, supplied a pontoon-mounted vertical immersion lagoon water supply pump to aggregated washing system in a recycling facility in a UK quarry. The vertical immersion pump is installed at the facility for aggregate washing and aggregate recycling.
In March 2022, Kirloskar Brothers Limited, an India-based flagship company of Kirloskar Group, announced the launch of a new generation of energy-efficient pumps to benefit farmers. These pumps are suitable for vertical installation, energy efficient, low maintenance, and technologically advanced.
COVID-19 Impact on Vertical Immersion Pumps Market
The vertical immersion pump market report covers the effects of COVID-19 on the market and a detailed analysis of the effects. The COVID-19 pandemic situation affected the vertical immersion pumps market negatively.
The lockdown, social distancing, and other pandemic-related restrictions and regulations resulted in a labor shortage, closure of several factories, and disruption in the supply chain. However, relaxation in lockdown and other pandemic-related restrictions is expected to boost the vertical immersion pumps market in the coming years.
Vertical Immersion Pumps Market Dynamics
The vertical immersion pumps market research reports present a complete overview and detailed analysis by providing detailed information about the current vertical immersion pumps market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global vertical immersion pumps market report has up-to-date insights about market dynamics and market scenarios that can shape the overall vertical immersion pumps market performance and output during the forecast period, 2022 to 2030.
Major Trends:
- Wide usage of vertical immersion pumps in the food & beverage industry is one of the key market trends
Vertical immersion pumps are increasingly adopted in the food & beverage industry in recent years. These pumps have the ability to pump liquids ranging in different viscosities easily and without clogging the pump. This factor facilitates the increasing market demand for vertical immersion pumps in the food & beverage industry.
Key Drivers:
- Increasing awareness regarding vertical immersion pumps benefits drives the vertical immersion pumps market
Vertical immersion pumps are versatile covering a wide range of flow rates. These pumps are used to pump various liquids with different viscosities without clogging. Low noise, high reliability, and varied applications are some of the other benefits of vertical immersion pumps that are expected to boost the vertical immersion pumps market in the coming years.
- Growing demand for vertical immersion pumps in various industries spur the vertical immersion pumps market
Vertical immersion pumps are increasingly adopted in various industries for various applications such as irrigation, dewatering, water cooling, oils, fuels, & lubricants transfer, and others. The growing market demand for vertical immersion pumps in industries such as agriculture, oil & gas, chemical, power generation, and others is anticipated to drive the vertical immersion pumps market in the coming years.
Existing Challenges:
- High initial investments hamper the vertical immersion pumps market growth
Acquiring and installing vertical immersion pumps require a high initial investment in comparison with other types of pumps. The maintenance costs for vertical immersion pumps are high compared to other types of pumps as well. These factors make vertical immersion pumps less attractive choices for small businesses and startups. These are the key factors limiting vertical immersion pumps market growth.
- Lack of skilled labor hinders the vertical immersion market growth
Skilled labor is required for the installation, maintenance, and usage of vertical immersion pumps. However, the lack of skilled labor available to carry out functions of vertical immersion pumps restrains the vertical immersion pumps market.
Emerging Opportunities:
- Increasing adoption of vertical immersion pumps for industrial applications offers growth opportunities to market players
Vertical immersion pumps are widely adopted in various industries for industrial applications. Increasing demand for vertical immersion pumps for industrial applications such as wastewater pumping, emptying reservoirs, oils transfer, and others create growth opportunities for the vertical immersion pumps market players to expand their businesses.
Scope of Vertical Immersion Pumps Market Report
The report on the global vertical immersion pumps market includes an assessment of the vertical immersion pumps market trends, market demand analysis, market segments, market background, market structure analysis, regional markets overview, market presence analysis, market outlook, and market dynamics also been included in the report.
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Attributes
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Details
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Report Title
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Vertical Immersion Pumps Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Cantilever Pumps and Line Shaft Pumps), Capacity (Up to 100 m3/hr, 100 to 500 m3/hr, 500 to 1000 m3/hr, and Above 1000 m3/hr), and Applications (Portable Water Supply, Irrigation, Dewatering, Water Cooling, Geothermal Well, Oils, Fuels, & Lubricants Transfer, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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KSB SE & Co. KGaA; ITT Inc.; Ruhrpumpen Group; Castle Pumps; AxFlow Holding AB; Flowserve Corporation; North Ridge Pumps; Tapflo Group; Sulzer Ltd.; FLUX Pumps; Salvatore Robuschi and C. S.r.l.; Vertiflo Pump Company; Lenntech B.V.; Lutz-Jesco GmbH; Brinkmann Pumps; Gusher Pumps; ANDRITZ; and Others
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Vertical Immersion Pumps Market Segment Insights
Cantilever pumps segment holds a key market share
In terms of types, the global vertical immersion pumps market is bifurcated into market segments such as cantilever pumps and line shaft pumps. The cantilever pumps segment is expected to register significant growth during the forecast period, as cantilever pumps are the most commonly used vertical immersion pump types across the globe.
These types of pumps offer several advantages such as long service life, various functionalities to suit many applications, corrosion & abrasion resistance, and others. These are the key factor boosting the cantilever pump segment growth in the coming years.
Up to 100 m3/hr segment expands rapidly
On the basis of capacity, the global vertical immersion pumps market is divided into market segments such as up to 100 m3/hr, 100 to 500 m3/hr, 500 to 1000 m3/hr, and above 1000 m3/hr.
The segment up to 100 m3/hr is expected to hold a significant vertical immersion pumps market share in the coming years, as the use of vertical immersion pumps in households is increased in recent years. Vertical immersion pumps with a capacity range of up to 100 m3/hr are sufficient for a household. This is the key factor spurring the segment growth.
Irrigation segment registers steady growth
Based on applications, the global vertical immersion pumps market is segregated into market segments such as portable water supply, irrigation, dewatering, water cooling, geothermal well, oils, fuels, & lubricants transfer, and others. The irrigation segment is projected to boost the vertical immersion pumps market during the forecast period, as the increasing population across the globe drives the demand for agricultural products.
The rising demand for agricultural products, in turn, propels the demand for vertical immersion pumps for irrigation applications in the agriculture industry. These are the key factors that boost the irrigation segment growth.
North America to dominates the vertical immersion pumps market
In terms of regions, the global vertical immersion pumps market is segmented into market segments such as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The North America vertical immersion pumps market is expected to register a high CAGR during the forecast period, due to rapid industrialization and urbanization in the region.
The North America vertical immersion pumps market in the region is expected to show steady growth in the coming years, as there are an increasing number of key market players expanding their business in the region. Rising demand for innovative and technologically developed vertical immersion pumps in the regions boosts the North America vertical immersion pumps market. The North America vertical immersion pumps market growth based on several factors such as steady developments and launches of innovative products.
The Asia Pacific vertical immersion pumps market is anticipated to witness significant growth in the coming years, owing to the presence of major manufacturers in the region. The Japan vertical immersion pumps market is expected to expand at a CAGR of 5.9% and the India vertical immersion pumps market is estimated to register a CAGR of 4.2% in the coming years.
Growing urbanization and increasing development in various industries such as agriculture in countries such as India, Japan, Indonesia, and others fuel the India vertical immersion pumps market, Japan vertical immersion pumps market, Indonesia vertical immersion pumps market, and others. These factors facilitate the expansion of the Asia Pacific vertical immersion pumps market.
The Europe vertical immersion pumps market is estimated to grow in the coming years, due to increasing agricultural activities in the region. The increasing agricultural activities and rising popularity of vertical immersion pump fuel the demand for them in the region. The Europe vertical immersion pumps market is growing, as several key manufacturers of vertical immersion pumps are using strategies to expand their business in the region. This factor aids in the expansion of the Europe vertical immersion pumps market.
Segments
The global vertical immersion pumps market has been segmented on the basis of
Types
- Cantilever Pumps
- Line Shaft Pumps
Capacity
- Up to 100 m3/hr
- 100 to 500 m3/hr
- 500 to 1000 m3/hr
- Above 1000 m3/hr
Applications
- Portable Water Supply
- Irrigation
- Dewatering
- Water Cooling
- Geothermal Well
- Oils, Fuels, & Lubricants Transfer
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- KSB SE & Co. KGaA
- ITT Inc.
- Ruhrpumpen Group
- Castle Pumps
- AxFlow Holding AB
- Flowserve Corporation
- North Ridge Pumps
- Tapflo Group
- Sulzer Ltd.
- FLUX Pumps
- Salvatore Robuschi and C. S.r.l.
- Vertiflo Pump Company
- Lenntech B.V.
- Lutz-Jesco GmbH
- Brinkmann Pumps
- Gusher Pumps
- ANDRITZ
- Others
Competitive Landscape
Key market participants competing in the global vertical immersion pumps market are KSB SE & Co. KGaA; ITT Inc.; Ruhrpumpen Group; Castle Pumps; AxFlow Holding AB; Flowserve Corporation; North Ridge Pumps; Tapflo Group; Sulzer Ltd.; FLUX Pumps; Salvatore Robuschi and C. S.r.l.; Vertiflo Pump Company; Lenntech B.V.; Lutz-Jesco GmbH; Brinkmann Pumps; Gusher Pumps; ANDRITZ; and others. Some of these key market participants have adopted a series of business development strategies including mergers and acquisitions, entering into partnerships and collaboration, product launches, and production capacity expansion to expand their consumer base and enhance their vertical immersion pumps market share.
- In November 2021, KSB SE & Co. KGaA, a Germany-based multinational manufacturer of pumps, launched the AmaDrainer 3 type series, which is an addition to its submersible grey water pump portfolio. The new and innovative series offers small-size pumps, which are easier to handle than the pumps from the previous series.
- In January 2022, Sulzer Ltd., a Switzerland-based engineering and manufacturing firm, launched a new range of SES and SKS pumps to expand its portfolio of clean water pumps. These pumps are designed for water treatment facilities, municipalities, and commercial & irrigation applications.
- In March 2022, Flowserve Corporation, a US-based large supplier of pumps, valves, and others, entered a partnership with Gradiant, which is a leading developer of clean water projects, to address challenging water-related issues such as wastewater treatment. The partnership facilitates the company to upgrade its water portfolio.
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