U.S. Water Pumps Market Size

U.S. Water Pump Market Future Prospects

The U.S. water pump market will generate an estimated revenue of USD 10.6 billion in 2024, and it is expected to witness a CAGR of 5.4% during 2024–2030, reaching USD 14.6 billion by 2030. Water pumps are crucial to several applications, such as agriculture, industrial processes, water supply and treatment, and residences.

They are mainly used in mechanical actions for transferring liquids or fluids. Although they all operate on the same principle of utilizing energy and moving fluids through mechanical motions, these pumps are divided into a number of categories, primarily dependent on how they function.

This market is growing due to the ongoing need for water to handle industrial operations, the need for sustainable and energy-efficient water management systems everywhere, and the need to replace and modernize old infrastructure.

Additionally, the U.S. government is encouraging this market by implementing various regulations and standards related to product quality, safety, energy efficiency, and environmental compliance.