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APO RESEARCH · REPORT

Permanent Magnet Submersible Motors

Selected research

Industry Growth & Trends

Global Permanent Magnet Submersible Motors Industry Growth and Trends Forecast to 2032

Market perspective

The global Permanent Magnet Submersible Motors market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for Permanent Magnet Submersible Motors is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Permanent Magnet Submersible Motors is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Permanent Magnet Submersible Motors is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of Permanent Magnet Submersible Motors include Franklin Electric, Grundfos, Flowserve, Andritz Group, Shakti Pumps, Pedrollo, Ingeteam and Zhejiang Yongfa Electric Mechanical, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Permanent Magnet Submersible Motors market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Permanent Magnet Submersible Motors market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Permanent Magnet Submersible Motors market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Permanent Magnet Submersible Motors.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Permanent Magnet Submersible Motors market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Permanent Magnet Submersible Motors Market by Company

Franklin Electric

Grundfos

Flowserve

Andritz Group

Shakti Pumps

Pedrollo

Ingeteam

Zhejiang Yongfa Electric Mechanical

Permanent Magnet Submersible Motors Segment by Type

<3kW

3-5kW

5-10kW

>10kW

Permanent Magnet Submersible Motors Segment by Application

Plastic Submersible Pump

Cast Iron Submersible Pump

Stainless Steel Submersible Pump

Permanent Magnet Submersible Motors Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Permanent Magnet Submersible Motors market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Permanent Magnet Submersible Motors and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Permanent Magnet Submersible Motors.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Permanent Magnet Submersible Motors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Permanent Magnet Submersible Motors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of <3kW Table 2. Major Company of 3-5kW Table 3. Major Company of 5-10kW Table 4. Major Company of >10kW Table 5. Global Permanent Magnet Submersible Motors Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 6. Global Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (k units) Table 7. Global Permanent Magnet Submersible Motors Sales Market Share in Volume by Type (2021-2026) Table 8. Global Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (US$ Million) Table 9. Global Permanent Magnet Submersible Motors Sales Market Share in Value by Type (2021-2026) Table 10. Global Permanent Magnet Submersible Motors Price by Type (2021-2026) & (USD/unit) Table 11. Global Permanent Magnet Submersible Motors Sales by Type (2027-2032) & (k units) Table 12. Global Permanent Magnet Submersible Motors Sales Market Share in Volume by Type (2027-2032) Table 13. Global Permanent Magnet Submersible Motors Sales by Type (2027-2032) & (US$ Million) Table 14. Global Permanent Magnet Submersible Motors Sales Market Share in Value by Type (2027-2032) Table 15. Global Permanent Magnet Submersible Motors Price by Type (2027-2032) & (USD/unit) Table 16. North America Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (k units) Table 17. North America Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (US$ Million) Table 18. Europe Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (k units) Table 19. Europe Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (US$ Million) Table 20. Asia-Pacific Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (k units) Table 21. Asia-Pacific Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (US$ Million) Table 22. Latin America Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (k units) Table 23. Latin America Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (US$ Million) Table 24. Middle East and Africa Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (k units) Table 25. Middle East and Africa Permanent Magnet Submersible Motors Sales by Type (2021-2026) & (US$ Million) Table 26. Permanent Magnet Submersible Motors Industry Trends Table 27. Permanent Magnet Submersible Motors Industry Drivers Table 28. Permanent Magnet Submersible Motors Industry Opportunities and Challenges Table 29. Permanent Magnet Submersible Motors Industry Restraints Table 30. Global Permanent Magnet Submersible Motors Sales Revenue by Company (US$ Million) & (2021-2026) Table 31. Global Permanent Magnet Submersible Motors Revenue Market Share by Company (2021-2026) Table 32. Global Permanent Magnet Submersible Motors Sales by Company (2021-2026) & (k units) Table 33. Global Permanent Magnet Submersible Motors Sales Share by Company (2021-2026) Table 34. Global Permanent Magnet Submersible Motors Market Price by Company (2021-2026) & (USD/unit) Table 35. Global Permanent Magnet Submersible Motors Industry Company Ranking, 2024 VS 2025 VS 2026 Table 36. Global Permanent Magnet Submersible Motors Major Company Production Sites and Headquarters Table 37. Global Permanent Magnet Submersible Motors Company, Product Type & Application Table 38. Global Permanent Magnet Submersible Motors Company Establishment Date Table 39. Global Company Market Concentration Ratio (CR5 and HHI) Table 40. Global Permanent Magnet Submersible Motors by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 41. Global Permanent Magnet Submersible Motors Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 42. Global Permanent Magnet Submersible Motors Sales by Region (2021-2026) & (k units) Table 43. Global Permanent Magnet Submersible Motors Sales Market Share in Volume by Region (2021-2026) Table 44. Global Permanent Magnet Submersible Motors Sales by Region (2021-2026) & (US$ Million) Table 45. Global Permanent Magnet Submersible Motors Sales Market Share in Value by Region (2021-2026) Table 46. Global Permanent Magnet Submersible Motors Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 47. Global Permanent Magnet Submersible Motors Sales by Region (2027-2032) & (k units) Table 48. Global Permanent Magnet Submersible Motors Sales Market Share in Volume by Region (2027-2032) Table 49. Global Permanent Magnet Submersible Motors Sales by Region (2027-2032) & (US$ Million) Table 50. Global Permanent Magnet Submersible Motors Sales Market Share in Value by Region (2027-2032) Table 51. Global Permanent Magnet Submersible Motors Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 52. Global Permanent Magnet Submersible Motors Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 53. Global Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (k units) Table 54. Global Permanent Magnet Submersible Motors Sales Market Share in Volume by Application (2021-2026) Table 55. Global Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (US$ Million) Table 56. Global Permanent Magnet Submersible Motors Sales Market Share in Value by Application (2021-2026) Table 57. Global Permanent Magnet Submersible Motors Price by Application (2021-2026) & (USD/unit) Table 58. Global Permanent Magnet Submersible Motors Sales by Application (2027-2032) & (k units) Table 59. Global Permanent Magnet Submersible Motors Sales Market Share in Volume by Application (2027-2032) Table 60. Global Permanent Magnet Submersible Motors Sales by Application (2027-2032) & (US$ Million) Table 61. Global Permanent Magnet Submersible Motors Sales Market Share in Value by Application (2027-2032) Table 62. Global Permanent Magnet Submersible Motors Price by Application (2027-2032) & (USD/unit) Table 63. North America Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (k units) Table 64. North America Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (US$ Million) Table 65. Europe Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (k units) Table 66. Europe Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (US$ Million) Table 67. Asia-Pacific Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (k units) Table 68. Asia-Pacific Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (US$ Million) Table 69. Latin America Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (k units) Table 70. Latin America Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (US$ Million) Table 71. Middle East and Africa Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (k units) Table 72. Middle East and Africa Permanent Magnet Submersible Motors Sales by Application (2021-2026) & (US$ Million) Table 73. Franklin Electric Company Information Table 74. Franklin Electric Business Overview Table 75. Franklin Electric Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 76. Franklin Electric Permanent Magnet Submersible Motors Product Portfolio Table 77. Franklin Electric Recent Development Table 78. Grundfos Company Information Table 79. Grundfos Business Overview Table 80. Grundfos Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 81. Grundfos Permanent Magnet Submersible Motors Product Portfolio Table 82. Grundfos Recent Development Table 83. Flowserve Company Information Table 84. Flowserve Business Overview Table 85. Flowserve Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 86. Flowserve Permanent Magnet Submersible Motors Product Portfolio Table 87. Flowserve Recent Development Table 88. Andritz Group Company Information Table 89. Andritz Group Business Overview Table 90. Andritz Group Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 91. Andritz Group Permanent Magnet Submersible Motors Product Portfolio Table 92. Andritz Group Recent Development Table 93. Shakti Pumps Company Information Table 94. Shakti Pumps Business Overview Table 95. Shakti Pumps Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 96. Shakti Pumps Permanent Magnet Submersible Motors Product Portfolio Table 97. Shakti Pumps Recent Development Table 98. Pedrollo Company Information Table 99. Pedrollo Business Overview Table 100. Pedrollo Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 101. Pedrollo Permanent Magnet Submersible Motors Product Portfolio Table 102. Pedrollo Recent Development Table 103. Ingeteam Company Information Table 104. Ingeteam Business Overview Table 105. Ingeteam Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 106. Ingeteam Permanent Magnet Submersible Motors Product Portfolio Table 107. Ingeteam Recent Development Table 108. Zhejiang Yongfa Electric Mechanical Company Information Table 109. Zhejiang Yongfa Electric Mechanical Business Overview Table 110. Zhejiang Yongfa Electric Mechanical Permanent Magnet Submersible Motors Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 111. Zhejiang Yongfa Electric Mechanical Permanent Magnet Submersible Motors Product Portfolio Table 112. Zhejiang Yongfa Electric Mechanical Recent Development Table 113. North America Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 114. North America Permanent Magnet Submersible Motors Sales by Country (2021-2026) & (k units) Table 115. North America Permanent Magnet Submersible Motors Sales Market Share by Country (2021-2026) Table 116. North America Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032) & (k units) Table 117. North America Permanent Magnet Submersible Motors Sales Market Share Forecast by Country (2027-2032) Table 118. North America Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 119. North America Permanent Magnet Submersible Motors Market Size by Country (2021-2026) & (US$ Million) Table 120. North America Permanent Magnet Submersible Motors Market Share by Country (2021-2026) Table 121. North America Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032) & (US$ Million) Table 122. North America Permanent Magnet Submersible Motors Market Share Forecast by Country (2027-2032) Table 123. Europe Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 124. Europe Permanent Magnet Submersible Motors Sales by Country (2021-2026) & (k units) Table 125. Europe Permanent Magnet Submersible Motors Sales Market Share by Country (2021-2026) Table 126. Europe Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032) & (k units) Table 127. Europe Permanent Magnet Submersible Motors Sales Market Share Forecast by Country (2027-2032) Table 128. Europe Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 129. Europe Permanent Magnet Submersible Motors Market Size by Country (2021-2026) & (US$ Million) Table 130. Europe Permanent Magnet Submersible Motors Market Share by Country (2021-2026) Table 131. Europe Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032) & (US$ Million) Table 132. Europe Permanent Magnet Submersible Motors Market Share Forecast by Country (2027-2032) Table 133. Asia-Pacific Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 134. Asia-Pacific Permanent Magnet Submersible Motors Sales by Country (2021-2026) & (k units) Table 135. Asia-Pacific Permanent Magnet Submersible Motors Sales Market Share by Country (2021-2026) Table 136. Asia-Pacific Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032) & (k units) Table 137. Asia-Pacific Permanent Magnet Submersible Motors Sales Market Share Forecast by Country (2027-2032) Table 138. Asia-Pacific Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 139. Asia-Pacific Permanent Magnet Submersible Motors Market Size by Country (2021-2026) & (US$ Million) Table 140. Asia-Pacific Permanent Magnet Submersible Motors Market Share by Country (2021-2026) Table 141. Asia-Pacific Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032) & (US$ Million) Table 142. Asia-Pacific Permanent Magnet Submersible Motors Market Share Forecast by Country (2027-2032) Table 143. Latin America Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 144. Latin America Permanent Magnet Submersible Motors Sales by Country (2021-2026) & (k units) Table 145. Latin America Permanent Magnet Submersible Motors Sales Market Share by Country (2021-2026) Table 146. Latin America Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032) & (k units) Table 147. Latin America Permanent Magnet Submersible Motors Sales Market Share Forecast by Country (2027-2032) Table 148. Latin America Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 149. Latin America Permanent Magnet Submersible Motors Market Size by Country (2021-2026) & (US$ Million) Table 150. Latin America Permanent Magnet Submersible Motors Market Share by Country (2021-2026) Table 151. Latin America Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032) & (US$ Million) Table 152. Latin America Permanent Magnet Submersible Motors Market Share Forecast by Country (2027-2032) Table 153. Middle East and Africa Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 154. Middle East and Africa Permanent Magnet Submersible Motors Sales by Country (2021-2026) & (k units) Table 155. Middle East and Africa Permanent Magnet Submersible Motors Sales Market Share by Country (2021-2026) Table 156. Middle East and Africa Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032) & (k units) Table 157. Middle East and Africa Permanent Magnet Submersible Motors Sales Market Share Forecast by Country (2027-2032) Table 158. Middle East and Africa Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 159. Middle East and Africa Permanent Magnet Submersible Motors Market Size by Country (2021-2026) & (US$ Million) Table 160. Middle East and Africa Permanent Magnet Submersible Motors Market Share by Country (2021-2026) Table 161. Middle East and Africa Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032) & (US$ Million) Table 162. Middle East and Africa Permanent Magnet Submersible Motors Market Share Forecast by Country (2027-2032) Table 163. Key Raw Materials Table 164. Raw Materials Key Suppliers Table 165. Permanent Magnet Submersible Motors Distributors List Table 166. Permanent Magnet Submersible Motors Customers List Table 167. Research Programs/Design for This Report Table 168. Authors List of This Report Table 169. Secondary Sources Table 170. Primary Sources List of Figures Figure 1. Permanent Magnet Submersible Motors Image Figure 2. Global Permanent Magnet Submersible Motors Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Permanent Magnet Submersible Motors Market Size (2021-2032) & (US$ Million) Figure 4. Global Permanent Magnet Submersible Motors Sales (2021-2032) & (k units) Figure 5. <3kW Image Figure 6. Global <3kW Sales YoY Growth (2021-2032) & (k units) Figure 7. 3-5kW Image Figure 8. Global 3-5kW Sales YoY Growth (2021-2032) & (k units) Figure 9. 5-10kW Image Figure 10. Global 5-10kW Sales YoY Growth (2021-2032) & (k units) Figure 11. >10kW Image Figure 12. Global >10kW Sales YoY Growth (2021-2032) & (k units) Figure 13. Global Permanent Magnet Submersible Motors Market Size Overview by Type (2021-2032) & (US$ Million) Figure 14. Global Permanent Magnet Submersible Motors Market Share by Type 2025 VS 2032 Figure 15. North America Permanent Magnet Submersible Motors Sales Market Share in Volume by Type in 2025 Figure 16. North America Permanent Magnet Submersible Motors Sales Market Share in Value by Type in 2025 Figure 17. Europe Permanent Magnet Submersible Motors Sales Market Share in Volume by Type in 2025 Figure 18. Europe Permanent Magnet Submersible Motors Sales Market Share in Value by Type in 2025 Figure 19. Asia-Pacific Permanent Magnet Submersible Motors Sales Market Share in Volume by Type in 2025 Figure 20. Asia-Pacific Permanent Magnet Submersible Motors Sales Market Share in Value by Type in 2025 Figure 21. Latin America Permanent Magnet Submersible Motors Sales Market Share in Volume by Type in 2025 Figure 22. Latin America Permanent Magnet Submersible Motors Sales Market Share in Value by Type in 2025 Figure 23. Middle East and Africa Permanent Magnet Submersible Motors Sales Market Share in Volume by Type in 2025 Figure 24. Middle East and Africa Permanent Magnet Submersible Motors Sales Market Share in Value by Type in 2025 Figure 25. Global Top 5 and 10 Permanent Magnet Submersible Motors Players Market Share by Revenue in 2025 Figure 26. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 27. Plastic Submersible Pump Image Figure 28. Global Plastic Submersible Pump Sales YoY Growth (2021-2032) & (k units) Figure 29. Cast Iron Submersible Pump Image Figure 30. Global Cast Iron Submersible Pump Sales YoY Growth (2021-2032) & (k units) Figure 31. Stainless Steel Submersible Pump Image Figure 32. Global Stainless Steel Submersible Pump Sales YoY Growth (2021-2032) & (k units) Figure 33. Global Permanent Magnet Submersible Motors Market Size Overview by Application (2021-2032) & (US$ Million) Figure 34. Global Permanent Magnet Submersible Motors Market Share by Application 2025 VS 2032 Figure 35. North America Permanent Magnet Submersible Motors Sales Market Share in Volume by Application in 2025 Figure 36. North America Permanent Magnet Submersible Motors Sales Market Share in Value by Application in 2025 Figure 37. Europe Permanent Magnet Submersible Motors Sales Market Share in Volume by Application in 2025 Figure 38. Europe Permanent Magnet Submersible Motors Sales Market Share in Value by Application in 2025 Figure 39. Asia-Pacific Permanent Magnet Submersible Motors Sales Market Share in Volume by Application in 2025 Figure 40. Asia-Pacific Permanent Magnet Submersible Motors Sales Market Share in Value by Application in 2025 Figure 41. Latin America Permanent Magnet Submersible Motors Sales Market Share in Volume by Application in 2025 Figure 42. Latin America Permanent Magnet Submersible Motors Sales Market Share in Value by Application in 2025 Figure 43. Middle East and Africa Permanent Magnet Submersible Motors Sales Market Share in Volume by Application in 2025 Figure 44. Middle East and Africa Permanent Magnet Submersible Motors Sales Market Share in Value by Application in 2025 Figure 45. North America Permanent Magnet Submersible Motors Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 46. North America Permanent Magnet Submersible Motors Sales Share by Country: 2021 VS 2025 VS 2032 Figure 47. North America Permanent Magnet Submersible Motors Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. North America Permanent Magnet Submersible Motors Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Europe Permanent Magnet Submersible Motors Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 50. Europe Permanent Magnet Submersible Motors Sales Share by Country: 2021 VS 2025 VS 2032 Figure 51. Europe Permanent Magnet Submersible Motors Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Europe Permanent Magnet Submersible Motors Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Asia-Pacific Permanent Magnet Submersible Motors Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 54. Asia-Pacific Permanent Magnet Submersible Motors Sales Share by Country: 2021 VS 2025 VS 2032 Figure 55. Asia-Pacific Permanent Magnet Submersible Motors Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 56. Asia-Pacific Permanent Magnet Submersible Motors Market Share by Country: 2021 VS 2025 VS 2032 Figure 57. Latin America Permanent Magnet Submersible Motors Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 58. Latin America Permanent Magnet Submersible Motors Sales Share by Country: 2021 VS 2025 VS 2032 Figure 59. Latin America Permanent Magnet Submersible Motors Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 60. Latin America Permanent Magnet Submersible Motors Market Share by Country: 2021 VS 2025 VS 2032 Figure 61. Middle East and Africa Permanent Magnet Submersible Motors Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 62. Middle East and Africa Permanent Magnet Submersible Motors Sales Share by Country: 2021 VS 2025 VS 2032 Figure 63. Middle East and Africa Permanent Magnet Submersible Motors Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 64. Middle East and Africa Permanent Magnet Submersible Motors Market Share by Country: 2021 VS 2025 VS 2032 Figure 65. Permanent Magnet Submersible Motors Value Chain Figure 66. Key Raw Materials Price Figure 67. Manufacturing Cost Structure Figure 68. Permanent Magnet Submersible Motors Production Mode & Process Figure 69. Direct Comparison with Distribution Share Figure 70. Distributors Profiles Figure 71. Years Considered Figure 72. Research Process Figure 73. Key Executives Interviewed

Scope & coverage.

Types
  • <3kW
  • 3-5kW
  • 5-10kW
  • >10kW
Applications
  • Plastic Submersible Pump
  • Cast Iron Submersible Pump
  • Stainless Steel Submersible Pump
Companies covered
  • Franklin Electric
  • Grundfos
  • Flowserve
  • Andritz Group
  • Shakti Pumps
  • Pedrollo
  • Ingeteam
  • Zhejiang Yongfa Electric Mechanical

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Permanent Magnet Submersible Motors Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Permanent Magnet Submersible Motors Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Permanent Magnet Submersible Motors Market by Type
  6. 1.3.1 <3kW
  7. 1.3.2 3-5kW
  8. 1.3.3 5-10kW
  9. 1.3.4 >10kW
  10. 1.4 Global Permanent Magnet Submersible Motors Market Size by Type
  11. 1.4.1 Global Permanent Magnet Submersible Motors Market Size Overview by Type (2021-2032)
  12. 1.4.2 Global Permanent Magnet Submersible Motors Historic Market Size Review by Type (2021-2026)
  13. 1.4.3 Global Permanent Magnet Submersible Motors Forecasted Market Size by Type (2027-2032)
  14. 1.5 Key Regions Market Size by Type
  15. 1.5.1 North America Permanent Magnet Submersible Motors Sales Breakdown by Type (2021-2026)
  16. 1.5.2 Europe Permanent Magnet Submersible Motors Sales Breakdown by Type (2021-2026)
  17. 1.5.3 Asia-Pacific Permanent Magnet Submersible Motors Sales Breakdown by Type (2021-2026)
  18. 1.5.4 South America Permanent Magnet Submersible Motors Sales Breakdown by Type (2021-2026)
  19. 1.5.5 Middle East and Africa Permanent Magnet Submersible Motors Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Permanent Magnet Submersible Motors Industry Trends
  2. 2.2 Permanent Magnet Submersible Motors Industry Drivers
  3. 2.3 Permanent Magnet Submersible Motors Industry Opportunities and Challenges
  4. 2.4 Permanent Magnet Submersible Motors Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Permanent Magnet Submersible Motors Revenue (2021-2026)
  2. 3.2 Global Top Players by Permanent Magnet Submersible Motors Sales (2021-2026)
  3. 3.3 Global Top Players by Permanent Magnet Submersible Motors Price (2021-2026)
  4. 3.4 Global Permanent Magnet Submersible Motors Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Permanent Magnet Submersible Motors Major Company Production Sites & Headquarters
  6. 3.6 Global Permanent Magnet Submersible Motors Company, Product Type & Application
  7. 3.7 Global Permanent Magnet Submersible Motors Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Permanent Magnet Submersible Motors Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Permanent Magnet Submersible Motors Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Permanent Magnet Submersible Motors Tier 1, Tier 2, and Tier 3
4 Permanent Magnet Submersible Motors Regional Status and Outlook
  1. 4.1 Global Permanent Magnet Submersible Motors Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Permanent Magnet Submersible Motors Historic Market Size by Region
  3. 4.2.1 Global Permanent Magnet Submersible Motors Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Permanent Magnet Submersible Motors Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Permanent Magnet Submersible Motors Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Permanent Magnet Submersible Motors Forecasted Market Size by Region
  7. 4.3.1 Global Permanent Magnet Submersible Motors Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Permanent Magnet Submersible Motors Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Permanent Magnet Submersible Motors Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Permanent Magnet Submersible Motors by Application
  1. 5.1 Permanent Magnet Submersible Motors Market by Application
  2. 5.1.1 Plastic Submersible Pump
  3. 5.1.2 Cast Iron Submersible Pump
  4. 5.1.3 Stainless Steel Submersible Pump
  5. 5.2 Global Permanent Magnet Submersible Motors Market Size by Application
  6. 5.2.1 Global Permanent Magnet Submersible Motors Market Size Overview by Application (2021-2032)
  7. 5.2.2 Global Permanent Magnet Submersible Motors Historic Market Size Review by Application (2021-2026)
  8. 5.2.3 Global Permanent Magnet Submersible Motors Forecasted Market Size by Application (2027-2032)
  9. 5.3 Key Regions Market Size by Application
  10. 5.3.1 North America Permanent Magnet Submersible Motors Sales Breakdown by Application (2021-2026)
  11. 5.3.2 Europe Permanent Magnet Submersible Motors Sales Breakdown by Application (2021-2026)
  12. 5.3.3 Asia-Pacific Permanent Magnet Submersible Motors Sales Breakdown by Application (2021-2026)
  13. 5.3.4 South America Permanent Magnet Submersible Motors Sales Breakdown by Application (2021-2026)
  14. 5.3.5 Middle East and Africa Permanent Magnet Submersible Motors Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Franklin Electric
  2. 6.1.1 Franklin Electric Company Information
  3. 6.1.2 Franklin Electric Business Overview
  4. 6.1.3 Franklin Electric Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Franklin Electric Permanent Magnet Submersible Motors Product Portfolio
  6. 6.1.5 Franklin Electric Recent Developments
  7. 6.2 Grundfos
  8. 6.2.1 Grundfos Company Information
  9. 6.2.2 Grundfos Business Overview
  10. 6.2.3 Grundfos Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Grundfos Permanent Magnet Submersible Motors Product Portfolio
  12. 6.2.5 Grundfos Recent Developments
  13. 6.3 Flowserve
  14. 6.3.1 Flowserve Company Information
  15. 6.3.2 Flowserve Business Overview
  16. 6.3.3 Flowserve Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Flowserve Permanent Magnet Submersible Motors Product Portfolio
  18. 6.3.5 Flowserve Recent Developments
  19. 6.4 Andritz Group
  20. 6.4.1 Andritz Group Company Information
  21. 6.4.2 Andritz Group Business Overview
  22. 6.4.3 Andritz Group Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Andritz Group Permanent Magnet Submersible Motors Product Portfolio
  24. 6.4.5 Andritz Group Recent Developments
  25. 6.5 Shakti Pumps
  26. 6.5.1 Shakti Pumps Company Information
  27. 6.5.2 Shakti Pumps Business Overview
  28. 6.5.3 Shakti Pumps Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Shakti Pumps Permanent Magnet Submersible Motors Product Portfolio
  30. 6.5.5 Shakti Pumps Recent Developments
  31. 6.6 Pedrollo
  32. 6.6.1 Pedrollo Company Information
  33. 6.6.2 Pedrollo Business Overview
  34. 6.6.3 Pedrollo Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Pedrollo Permanent Magnet Submersible Motors Product Portfolio
  36. 6.6.5 Pedrollo Recent Developments
  37. 6.7 Ingeteam
  38. 6.7.1 Ingeteam Company Information
  39. 6.7.2 Ingeteam Business Overview
  40. 6.7.3 Ingeteam Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Ingeteam Permanent Magnet Submersible Motors Product Portfolio
  42. 6.7.5 Ingeteam Recent Developments
  43. 6.8 Zhejiang Yongfa Electric Mechanical
  44. 6.8.1 Zhejiang Yongfa Electric Mechanical Company Information
  45. 6.8.2 Zhejiang Yongfa Electric Mechanical Business Overview
  46. 6.8.3 Zhejiang Yongfa Electric Mechanical Permanent Magnet Submersible Motors Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Zhejiang Yongfa Electric Mechanical Permanent Magnet Submersible Motors Product Portfolio
  48. 6.8.5 Zhejiang Yongfa Electric Mechanical Recent Developments
7 North America by Country
  1. 7.1 North America Permanent Magnet Submersible Motors Sales by Country
  2. 7.1.1 North America Permanent Magnet Submersible Motors Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Permanent Magnet Submersible Motors Sales by Country (2021-2026)
  4. 7.1.3 North America Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032)
  5. 7.2 North America Permanent Magnet Submersible Motors Market Size by Country
  6. 7.2.1 North America Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Permanent Magnet Submersible Motors Market Size by Country (2021-2026)
  8. 7.2.3 North America Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Permanent Magnet Submersible Motors Sales by Country
  2. 8.1.1 Europe Permanent Magnet Submersible Motors Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Permanent Magnet Submersible Motors Sales by Country (2021-2026)
  4. 8.1.3 Europe Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Permanent Magnet Submersible Motors Market Size by Country
  6. 8.2.1 Europe Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Permanent Magnet Submersible Motors Market Size by Country (2021-2026)
  8. 8.2.3 Europe Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Permanent Magnet Submersible Motors Sales by Country
  2. 9.1.1 Asia-Pacific Permanent Magnet Submersible Motors Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Permanent Magnet Submersible Motors Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Permanent Magnet Submersible Motors Market Size by Country
  6. 9.2.1 Asia-Pacific Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Permanent Magnet Submersible Motors Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Permanent Magnet Submersible Motors Sales by Country
  2. 10.1.1 South America Permanent Magnet Submersible Motors Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Permanent Magnet Submersible Motors Sales by Country (2021-2026)
  4. 10.1.3 South America Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032)
  5. 10.2 South America Permanent Magnet Submersible Motors Market Size by Country
  6. 10.2.1 South America Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Permanent Magnet Submersible Motors Market Size by Country (2021-2026)
  8. 10.2.3 South America Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Permanent Magnet Submersible Motors Sales by Country
  2. 11.1.1 Middle East and Africa Permanent Magnet Submersible Motors Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Permanent Magnet Submersible Motors Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Permanent Magnet Submersible Motors Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Permanent Magnet Submersible Motors Market Size by Country
  6. 11.2.1 Middle East and Africa Permanent Magnet Submersible Motors Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Permanent Magnet Submersible Motors Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Permanent Magnet Submersible Motors Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Permanent Magnet Submersible Motors Value Chain Analysis
  2. 12.1.1 Permanent Magnet Submersible Motors Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Permanent Magnet Submersible Motors Production Mode & Process
  7. 12.2 Permanent Magnet Submersible Motors Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Permanent Magnet Submersible Motors Distributors
  10. 12.2.3 Permanent Magnet Submersible Motors Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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