Selected research
Market Structure
Global Permanent Magnet Submersible Motors Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Permanent Magnet Submersible Motors market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada 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.
The Europe 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.
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.
The China 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.
On the production side, the report examines Permanent Magnet Submersible Motors output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Permanent Magnet Submersible Motors by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Permanent Magnet Submersible Motors market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Permanent Magnet Submersible Motors and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Permanent Magnet Submersible Motors sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Permanent Magnet Submersible Motors market size, projected growth trends, production technologies, key applications, and end-use industries.
Permanent Magnet Submersible Motors Segment 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
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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: Provides an overview of the Permanent Magnet Submersible Motors market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Permanent Magnet Submersible Motors industry.
Chapter 3: Detailed analysis of Permanent Magnet Submersible Motors market competition landscape. Including Permanent Magnet Submersible Motors manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Permanent Magnet Submersible Motors by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Permanent Magnet Submersible Motors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
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 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Permanent Magnet Submersible Motors Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Permanent Magnet Submersible Motors Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Permanent Magnet Submersible Motors Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Permanent Magnet Submersible Motors Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Permanent Magnet Submersible Motors Market Dynamics
- 2.1 Permanent Magnet Submersible Motors Industry Trends
- 2.2 Permanent Magnet Submersible Motors Industry Drivers
- 2.3 Permanent Magnet Submersible Motors Industry Opportunities and Challenges
- 2.4 Permanent Magnet Submersible Motors Industry Restraints
3 Permanent Magnet Submersible Motors Market by Manufacturers
- 3.1 Global Permanent Magnet Submersible Motors Production Value by Manufacturers (2021-2026)
- 3.2 Global Permanent Magnet Submersible Motors Production by Manufacturers (2021-2026)
- 3.3 Global Permanent Magnet Submersible Motors Average Price by Manufacturers (2021-2026)
- 3.4 Global Permanent Magnet Submersible Motors Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Permanent Magnet Submersible Motors Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Permanent Magnet Submersible Motors Manufacturers, Product Type & Application
- 3.7 Global Permanent Magnet Submersible Motors Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Permanent Magnet Submersible Motors Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Permanent Magnet Submersible Motors Players Market Share by Production Value in 2025
- 3.8.3 2025 Permanent Magnet Submersible Motors Tier 1, Tier 2, and Tier 3
4 Permanent Magnet Submersible Motors Market by Type
- 4.1 Permanent Magnet Submersible Motors Type Introduction
- 4.1.1 <3kW
- 4.1.2 3-5kW
- 4.1.3 5-10kW
- 4.1.4 >10kW
- 4.2 Global Permanent Magnet Submersible Motors Production by Type
- 4.2.1 Global Permanent Magnet Submersible Motors Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Permanent Magnet Submersible Motors Production by Type (2021-2032)
- 4.2.3 Global Permanent Magnet Submersible Motors Production Market Share by Type (2021-2032)
- 4.3 Global Permanent Magnet Submersible Motors Production Value by Type
- 4.3.1 Global Permanent Magnet Submersible Motors Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Permanent Magnet Submersible Motors Production Value by Type (2021-2032)
- 4.3.3 Global Permanent Magnet Submersible Motors Production Value Market Share by Type (2021-2032)
5 Permanent Magnet Submersible Motors Market by Application
- 5.1 Permanent Magnet Submersible Motors Application Introduction
- 5.1.1 Plastic Submersible Pump
- 5.1.2 Cast Iron Submersible Pump
- 5.1.3 Stainless Steel Submersible Pump
- 5.2 Global Permanent Magnet Submersible Motors Production by Application
- 5.2.1 Global Permanent Magnet Submersible Motors Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Permanent Magnet Submersible Motors Production by Application (2021-2032)
- 5.2.3 Global Permanent Magnet Submersible Motors Production Market Share by Application (2021-2032)
- 5.3 Global Permanent Magnet Submersible Motors Production Value by Application
- 5.3.1 Global Permanent Magnet Submersible Motors Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Permanent Magnet Submersible Motors Production Value by Application (2021-2032)
- 5.3.3 Global Permanent Magnet Submersible Motors Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Franklin Electric
- 6.1.1 Franklin Electric Company Information
- 6.1.2 Franklin Electric Business Overview
- 6.1.3 Franklin Electric Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.1.4 Franklin Electric Permanent Magnet Submersible Motors Product Portfolio
- 6.1.5 Franklin Electric Recent Developments
- 6.2 Grundfos
- 6.2.1 Grundfos Company Information
- 6.2.2 Grundfos Business Overview
- 6.2.3 Grundfos Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.2.4 Grundfos Permanent Magnet Submersible Motors Product Portfolio
- 6.2.5 Grundfos Recent Developments
- 6.3 Flowserve
- 6.3.1 Flowserve Company Information
- 6.3.2 Flowserve Business Overview
- 6.3.3 Flowserve Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.3.4 Flowserve Permanent Magnet Submersible Motors Product Portfolio
- 6.3.5 Flowserve Recent Developments
- 6.4 Andritz Group
- 6.4.1 Andritz Group Company Information
- 6.4.2 Andritz Group Business Overview
- 6.4.3 Andritz Group Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.4.4 Andritz Group Permanent Magnet Submersible Motors Product Portfolio
- 6.4.5 Andritz Group Recent Developments
- 6.5 Shakti Pumps
- 6.5.1 Shakti Pumps Company Information
- 6.5.2 Shakti Pumps Business Overview
- 6.5.3 Shakti Pumps Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.5.4 Shakti Pumps Permanent Magnet Submersible Motors Product Portfolio
- 6.5.5 Shakti Pumps Recent Developments
- 6.6 Pedrollo
- 6.6.1 Pedrollo Company Information
- 6.6.2 Pedrollo Business Overview
- 6.6.3 Pedrollo Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.6.4 Pedrollo Permanent Magnet Submersible Motors Product Portfolio
- 6.6.5 Pedrollo Recent Developments
- 6.7 Ingeteam
- 6.7.1 Ingeteam Company Information
- 6.7.2 Ingeteam Business Overview
- 6.7.3 Ingeteam Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.7.4 Ingeteam Permanent Magnet Submersible Motors Product Portfolio
- 6.7.5 Ingeteam Recent Developments
- 6.8 Zhejiang Yongfa Electric Mechanical
- 6.8.1 Zhejiang Yongfa Electric Mechanical Company Information
- 6.8.2 Zhejiang Yongfa Electric Mechanical Business Overview
- 6.8.3 Zhejiang Yongfa Electric Mechanical Permanent Magnet Submersible Motors Production, Value and Gross Margin (2021-2026)
- 6.8.4 Zhejiang Yongfa Electric Mechanical Permanent Magnet Submersible Motors Product Portfolio
- 6.8.5 Zhejiang Yongfa Electric Mechanical Recent Developments
7 Global Permanent Magnet Submersible Motors Production by Region
- 7.1 Global Permanent Magnet Submersible Motors Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Permanent Magnet Submersible Motors Production by Region (2021-2032)
- 7.2.1 Global Permanent Magnet Submersible Motors Production by Region (2021-2026)
- 7.2.2 Global Permanent Magnet Submersible Motors Production Forecast by Region (2027-2032)
- 7.3 Global Permanent Magnet Submersible Motors Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Permanent Magnet Submersible Motors Production Value by Region (2021-2032)
- 7.4.1 Global Permanent Magnet Submersible Motors Production Value by Region (2021-2026)
- 7.4.2 Global Permanent Magnet Submersible Motors Production Value by Region (2027-2032)
- 7.5 Global Permanent Magnet Submersible Motors Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Permanent Magnet Submersible Motors Production Value (2021-2032)
- 7.6.2 Europe Permanent Magnet Submersible Motors Production Value (2021-2032)
- 7.6.3 Asia-Pacific Permanent Magnet Submersible Motors Production Value (2021-2032)
- 7.6.4 South America Permanent Magnet Submersible Motors Production Value (2021-2032)
- 7.6.5 Middle East & Africa Permanent Magnet Submersible Motors Production Value (2021-2032)
8 Global Permanent Magnet Submersible Motors Consumption by Region
- 8.1 Global Permanent Magnet Submersible Motors Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Permanent Magnet Submersible Motors Consumption by Region (2021-2032)
- 8.2.1 Global Permanent Magnet Submersible Motors Consumption by Region (2021-2026)
- 8.2.2 Global Permanent Magnet Submersible Motors Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Permanent Magnet Submersible Motors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Permanent Magnet Submersible Motors Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Permanent Magnet Submersible Motors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Permanent Magnet Submersible Motors Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Permanent Magnet Submersible Motors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Permanent Magnet Submersible Motors Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Permanent Magnet Submersible Motors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Permanent Magnet Submersible Motors Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Permanent Magnet Submersible Motors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Permanent Magnet Submersible Motors Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Permanent Magnet Submersible Motors Value Chain Analysis
- 9.1.1 Permanent Magnet Submersible Motors Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Permanent Magnet Submersible Motors Production Mode & Process
- 9.2 Permanent Magnet Submersible Motors Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Permanent Magnet Submersible Motors Distributors
- 9.2.3 Permanent Magnet Submersible Motors Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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