psalexa

Global Water Pump Market Size, Share, Development, Growth and Demand Forecast to 2022 – Industry Insights by Technology (Centrifugal Water Pump, Positive Displacement Water Pump), by Positive Displacement Water Pump Type (Rotary, Reciprocating, Others) and by End-User (Municipal Water and Wastewater, Chemical, Oil and Gas, Energy, Others), by Geography (North America, Europe, Asia-Pacific and Rest of the World)

  • Published: May 2016
  • Report Code: CM10236
  • Available Format: PDF
  • Pages: 94

In 2015, the global water pump market was estimated at a value of $42,435.1 million, and it is expected to demonstrate a CAGR of 5.9% during the forecast period 2016-2022. The growing construction industry, increasing disposable income, growing water scarcity, rapid industrialization in developing economies, and increasing level of urbanization are driving the growth of the water pump market.

Water Pump Market

Water pumps are mechanical devices with usage in households and several industries. With the increase in population in urban areas, the current water infrastructure is facing a pressure. This comprises of utility water delivery, treatment and removal of wastewater. In order to prevail this situation, several governments in Africa and Asia are likely to increase spending on schemes for drinking water and irrigation activities. In 2011, in its 12th Five Year Plan, the Chinese government allotted $112 billion in order to upgrade piping and water treatment systems. Moreover, in the recent years, usage of water pumps in urban households has witnessed a rise. Lifestyle of the sub-urban population is modern and fast-paced, as compared to that of rural population. A large number of manufacturers are offering varieties of water pumps in order to meet increasing demand from households.

By application, municipal water and wastewater segment dominated with the largest share in the global water pump market in 2015, and it is expected to continue its dominance during the forecast period.

By technology, the market has been categorized into positive displacement and centrifugal pumps. Positive displacement segment includes reciprocating pump, rotary pump and others. This operates by forcing a fixed volume of liquid from the inlet pressure section of the pump into the discharge zone. These pumps help in increasing viscosity and efficiency. Due to this, they are majorly used in industries such as pharmaceutical, chemical, pulp and paper, food and beverage, and wastewater treatment. Centrifugal pumps are a rotodynamic pump that require a rotating impeller in order to increase the pressure and flow rate of a fluid. These are mostly used to move fluids through a piping system. Centrifugal pumps comprise of two basic elements - stationary element and rotary element. These have a vast application base in fire protection systems in industries, hot water circulation systems, wells and buildings. Between the two technologies, centrifugal water pump segment had a larger share in the global market for water pump in 2015.Geographically, APAC accounted to have the largest share of 42.9% in the global water pump market. APAC is also expected to witness the fastest growth, demonstrating a CAGR 6.6% during the forecast period. Some of the major driving forces for the Asia-Pacific water pumps market include rapid industrialization, rising disposable income and increase in level of urbanization.

Leading players in the global market for water pump include Gardner Denver, Inc., Grundfos Holding A/S, Ebara Corporation, The Weir Group PLC., Flowserve Corporation, Torishima Pump Mfg. Co., Sulzer Ltd., ITT Corporation, Kirloskar Brothers Limited, and KSB Aktiengesellschaft.

Key Questions Answered:

  • What is the current and future scenario of the global water pump market?
  • What are the major factors major driving the global water pump market?
  • What are the upcoming opportunities for the players in the global water pump market?
  • Which type is expected to dominate the global water pump market during the forecast period?
  • Which region is expected to witness the fastest growth during the study period?
  • Who are the major players in the global water pump market?
  • What are the key strategies adopted by major players in the global water pump market?
Place An Order
USD 4900 USD 5900 USD 7500
Customized Report Solution

Get a bespoke market intelligence solution

 
We are committed to ensuring the highest level of client satisfaction
Quality Acknowledgement
Quality Acknowledgement

Our dedication to providing the most-accurate market information has earned us verification by Dun & Bradstreet (D&B). We strive for quality checking of the highest level to enable data-driven decision making for you

Unmatched Standards
Unmatched Standards

Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights

Reach Us
Reach Us Whenever You Need Us

With 24/7 research support, we ensure that the wheels of your business never stop turning. Don’t let time stand in your way. Get all your queries answered with a simple phone call or email, as and when required

Data Security
Complete Data Security

We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws