Water Pumps Market Players, Outlook, Trends & Size by 2030

The Water Pumps Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.

How Big is the Water Pumps Industry?

The Global Water Pumps Market size reached USD 45.95 Billion in 2023. Looking forward, it is expected to rise at a CAGR of around 4.72% during the forecast period 2024-2030.

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Water Pumps Market Trend:

The Emergence of Smart Water Pumps to Augment Market Growth – Climate change and the wastage of water resources by water pump solutions pose a significant threat to water management systems. The depleting water table in countries worldwide has created a demand for intelligent solutions to address the water waste issue. Therefore, motor pump manufacturing companies such as Grundfos, Xylem, etc., have been offering end-consumers advanced water pump solutions. These solutions are equipped with advanced monitoring and control systems that optimize energy consumption.

Moreover, these intelligent pumps adjust their speed and operation based on real-time water demand, reducing energy waste and lowering electricity bills. Thus, end-user industries and consumers are gradually inclining towards intelligent water pump technology. Furthermore, smart water pump solutions provide cloud connectivity with digital services and offer high energy efficiency low life-cycle costs, reducing complexity. Therefore, they are suitable for green buildings. Consequently, as smart cities are being developed across Asia, Europe, and the Middle East, the demand for intelligent water pump solutions is expected to increase during the forecast period. Ultimately, this will augment the size volume of the Water Pump Industry globally.

Competitor Breakdown: Top Water Pumps Companies 2024-2030

Flowserve Corporation
Pentair PLC
Sulzer Limited
Kirloskar Brothers Limited (KBL)
Grundfos
Xylem Inc.
KSB Group
Wilo
ITT Inc.
Torishima Pump MFG. Co. LTD.

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Regional Analysis:

North America, Europe, Asia Pacific, Middle East Africa, and South America

Share of each region segment in the Market
Potential growth opportunities in the region
The growth rate of the region in the Industry

Breaking Down the Water Pumps Market Segmentation:

By Type

Centrifugal Pump

Positive Displacement Pump

By End User

Oil Gas

Power Generation

Residential

Agriculture Irrigation

Commercial Building

HVAC

Chemicals

Water Wastewater

Food Beverage

Others

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