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.
The report covers a forecast and an analysis of the water pump market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the Water Pump market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Water Pump market on a global level.
In order to give the users of this report a comprehensive view of the water pump market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to regions.
The study provides a decisive view of the water pump market by segmenting the market based on type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
This report segments the global water pump market into:
Global Water Pump Market: Type Analysis
Global Water Pump Market: Application Analysis
Global Water Pump Market: Regional Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global Water Pump market revenue, 2015 – 2024(USD Billion)
4. Porter’s Five Forces analysis
5. Water Pump market attractiveness analysis, by Type
6. Water Pump market attractiveness analysis, by Application
7. Water Pump market: market attractiveness analysis, by Region
8. Company market share analysis, 2017
9. Global Water Pump market revenue share by Type, 2017 and 2024
10. Global Water Pump market for Centrifugal Pump market, 2015 – 2024(USD Billion)
11. Global Water Pump market for Reciprocating Pump market, 2015 – 2024(USD Billion)
12. Global Water Pump market for Rotary Pump market, 2015 – 2024 (USD Billion)
13. Global Water Pump market revenue share by Application, 2017 and 2024
14. Global Water Pump market for Oil and Gas and Refining market, 2015 – 2024(USD Billion)
15. Global Water Pump market for Chemical market, 2015 – 2024(USD Billion)
16. Global Water Pump market for Water and Wastewater market, 2015 – 2024(USD Billion)
17. Global Water Pump market for others market, 2015 – 2024(USD Billion)
List of Tables
1. Water Pump market: market snapshot
2. Drivers of global Water Pump market: impact analysis
3. Restraints of global Water Pump market: impact analysis
4. North America Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
5. North America Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
6. The U.S. Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
7. The U.S. Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
8. Canada Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
9. Canada Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
10. Mexico Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
11. Mexico Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
12. Europe Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
13. Europe Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
14. UK Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
15. UK Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
16. Germany Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
17. Germany Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
18. France Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
19. France Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
20. Spain Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
21. Spain Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
22. Russia Water Pump market revenue, by Type, 2015 – 2024 (USD Billion)
23. Russia Water Pump market revenue, by Application, 2015 – 2024 (USD Billion)
24. Italy Water Pump market revenue, by Type, 2015 – 2024 (USD Billion)
25. Italy Water Pump market revenue, by Application, 2015 – 2024 (USD Billion)
26. Asia Pacific Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
27. Asia Pacific Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
28. China Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
29. China Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
30. Japan Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
31. Japan Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
32. India Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
33. India Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
34. Southeast Asia Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
35. Southeast Asia Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
36. South Korea Water Pump market revenue, by Type, 2015 – 2024 (USD Billion)
37. South Korea Water Pump market revenue, by Application, 2015 – 2024 (USD Billion)
38. Australia Water Pump market revenue, by Type, 2015 – 2024 (USD Billion)
39. Australia Water Pump market revenue, by Application, 2015 – 2024 (USD Billion)
40. Latin America Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
41. Latin America Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
42. Brazil Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
43. Brazil Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
44. The Middle East and Africa Water Pump market revenue, by Type, 2015 – 2024(USD Billion)
45. The Middle East and Africa Water Pump market revenue, by Application, 2015 – 2024(USD Billion)
46. GCC Countries Water Pump market revenue, by Type, 2015 – 2024 (USD Billion)
47. GCC Countries Water Pump market revenue, by Application, 2015 – 2024 (USD Billion)
48. South Africa Water Pump market revenue, by Type, 2015 – 2024 (USD Billion)
49. South Africa Water Pump market revenue, by Application, 2015 – 2024 (USD Billion)
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.
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.
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