Water Pump Market size was valued at US$ 53.27 Bn. in 2022 and the total revenue is expected to grow at 5.6 % through 2023 to 2029, reaching nearly US$ 78.02 Bn.
Water Pump Market Report Scope and Research Methodology
The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Water Pump market.
Water Pump Market Overview
The report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the Water Pump Market.
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Water Pump Market Regional Insights
A regional analysis typically includes a precise examination of market trends, competitive landscape, consumer behaviour, and regulatory environment in each region.
Water Pump Market Segmentation
The Centrifugal Pump, Positive Displacement Water Pump, and Others segments of the global water pump market are based on pump type. In 2022, the sector for centrifugal pumps had the highest market share, with 52%. In contrast to positive displacement design type water pumps, which are utilized in hydraulic systems, centrifugal water pumps are frequently employed in buildings, wells, fire prevention systems, and hot water circulation in enterprises. When compared to positive displacement pumps, centrifugal pumps have a larger market share in the overall water pump market.
The Oil and Gas, Chemical, Power Generation, Water and Wastewater, and General Industry segments of the global water pump market are separated based on end-user. In 2022, the Oil and Gas segment had the highest market share, at xx%. The surge in energy demand can be linked to an increase in the use of water pumps in the oil and gas industry. Modern water pump technology offer effective liquid and gas separation procedures. During the projection period, the demand for water pumps from the power generation industry is anticipated to pick up steam, in large part because of the rising investment in the power and energy sectors in emerging economies.
Water Pump Market Size and Forecast, by Pump Type (2022-2029)
1. Centrifugal Pump
2. Positive Displacement water pump
3. Others
Water Pump Market Size and Forecast, by End-User (2022-2029)
1. Oil and Gas
2. Chemical
3. Power Generation
4. Water and Wastewater
5. General Industry
Water Pump Market Size and Forecast, by Driving Force (2022-2029)
3. Electric Driven
3. Engine Driven
Water Pump Market Size and Forecast, by Distribution Channel (2022-2029)
1. Direct Sales
2. Indirect Sales
Water Pump Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Water Pump Market Key Players
1.Gardner Denver
2.Torishima Pump Mfg. Co.
3.General Electric Company
4.Weir Group PLC
5.Weatherford International Inc
6.ITT Inc.
7.PROCON Products
8.KSB Group
9.Kirloskar Brothers Limited
10.Sulzer Ltd.
11.Atlas Copco
12.Baker Hughes Incorporated
13.Busch LLC
14.ClydeUnion Pumps
15.Ebara Corporation
16.Flowserve Corporation
17.Halliburton Company
18.ULVAC Technologies
19.Jyoti Ltd
20.Shakti Pumps India Ltd
21.CNP Pumps India Pvt Ltd
22.CRI Pumps Pvt Ltd
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Key questions answered in Water Pump Market are:
- What is the Water Pump market size of the dominating region?
- What was the Water Pump market size in 2022?
- What is the expected Water Pump market size by 2029?
- What is the growth rate of the Water Pump Market?
- Which are the factors expected to drive the Water Pump market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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