Water Pump Market by Type (Centrifugal Pump, Reciprocating Pump, and Rotary Pump) and by Application (Oil and Gas and Refining, Chemical, Water and Wastewater, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2024

Global water pump market expected to generate around USD 66.51 billion by 2024, at a CAGR of around 5.29% between 2018 and 2024. The rapid infrastructural developments witnessed in the emerging nations of Asia Pacific are anticipated to positively impact the water pump market in the future.

03-Jan-2019 | Number of pages: 110 | Report Code: ZMR-154 | Report Format : | Status : Published

Analysis

Water pumps are generally used for circulating or raising water or any liquid substance via mechanical action. Generally, water pumps are mounted at the front of an engine. It is usually driven off and the pump is gear-driven off the crankshaft or with the help of crankshaft pulley. Proper water circulation and pumping is the basic task of a water pump. Water pumps are the oldest and widespread mechanical devices that are in use since 2000 B.C.

The demand for water pumps is likely to increase in the upcoming years due to the rising need for wastewater treatment in the industrial sector. The ongoing rapid infrastructural development in the emerging nations of Asia Pacific is anticipated to positively impact the water pump market in the near future. Due to rapid urbanization and several infrastructural investments owing to the rising disposable income of people is expected to positively impact this market in the upcoming years. The growth of the oil and refinery sector is likely to contribute significantly toward the market for water pumps. The rapid urbanization has created awareness about using clean water to maintain a healthy and disease-free lifestyle. Moreover, the increasing acceptance of deploying solar water pumps is also anticipated to further the water pump market across the globe in the years ahead. Favorable government initiatives, such as the introduction of budget schemes where the farmers have to pay only 10% cost of solar water pumps in India, are estimated to contribute toward the water pump market growth over the forecast time period.

Global Water Pump Market

Based on the type, the water pump market is segmented into the centrifugal pump, reciprocating pump, and rotary pump. On the basis of application, the water pump market is categorized into oil and gas and refining, chemical, water and wastewater, and others.

By region, Europe held a substantial revenue share in 2017 of the global water pump market, due to the rising demand for clean drinking water. The Asia Pacific held the largest share in the global water pump market in 2017 and is anticipated to maintain its dominance in the upcoming years as well. This regional growth can be attributed to the ongoing infrastructural developments across the developing countries, such as China and India.

Some of the players operating in the water pump market include Gardner Denver, Torishima Pump Mfg. Co., Ltd., General Electric Company, The Weir Group Plc, Weatherford International Ltd., ITT Inc., PROCON Products, KSB Group, Kirloskar Brothers Limited, and Sulzer Ltd., among others.


Related Reports

Global Microgrid Market – By Grid Type (DC Microgrid and AC Microgrid), By Connectivity (Off-Grid and Grid Connected), By Storage (Lead Acid, Lithium-ion, Flywheel, Flow Batteries, and Others), By Power Source (Natural Gas, Diesel Generator, Solar PV, CHP, and Others), By Application (Utility, Military, Educational Institutes, Healthcare, Remote, Industrial/Commercial, and Others), and By Region: Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5304 | Report Format:

This report analyzes and estimates the microgrid market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the microgrid market drivers ...Read More

Vanadium Redox Battery (VRB) Market – By Type (Redox and Hybrid), Electrode Type (Carbon Paper Electrode and Graphite Felt Electrode) and By Application (Utilities, Commercial & Industrial, Military, EV Charging Station, and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5238 | Report Format:

This professional and specialized report study examines the technical and business perspective of the vanadium redox battery (VRB) industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the vanadium redox battery (VRB) market...Read More

Slope Stabilisation & Erosion Control Product Market – By Product Type (Geotextiles, Geocells, Erosion Control Blankets, Open weave textiles, Turf reinforcement mats and Sediment retention fiber logs) and By Application (Transportation, Hydraulic Construction, Soil stabilization, Earth reinforcement, Load support, Channel protection and Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5236 | Report Format:

This professional and specialized report study examines the technical and business perspective of the slope stabilisation erosion control product market. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the slope stabilisation ...Read More

Oil and Gas Fittings Market: by Type (Portable Generator and Stationary Generator), By Power Output (Less than 1.0 KW, 1.0 to 3.0 KW, 3.0 to 5.0 KW, and More than 5.0 KW), By Power Output (Standby Backup Power and Continuous Power) and by End-Use (Commercial, Residential, Industrial, Agricultural, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Dec-2019 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5163 | Report Format:

The global oil and gas fitting market valued US$ 1.06 Billion in 2018 and is expected to be valued at US$1.32 Billion in 2026 at a CAGR of 2.8%. The report covers forecast and analysis for the oil and gas fittings market on a global and regional level. The research report presents a comprehensive ...Read More

Conductive Fibers Market: by Reinforced Material by Type (Copper, Carbon, Nickel, Lead, Silver, and Others), by Application (Non-Woven Fabric, Woven Fabric, and Knitted Fabric), Base Material Type (Cotton, Nylon, Polyester, Wool, Polyamide, and Others) and by End-Use (Military & Defense, Aerospace & Aviation, Sports & Fitness, Consumer Electronics, Protection & Safety, Fashion & Entertainment, Transportation, Architecture, and Industrial Belts): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 - 2026

Oct-2019 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-4937 | Report Format:

The forecast and analysis for the conductive fibers market on a global and regional level are covered in this report. The study offers a widespread valuation of the market, competition, evolving trends, opportunities, and industry-validated market numbers. The report provides significant data of 2...Read More

Request Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.