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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
India Pump Sets Market Share
Centrifugal pump sets dominate the market due to their versatility and widespread applications
The centrifugal segment holds a significant share in the market, driven by its simplicity in design, versatility, and ability to handle large volumes of fluids efficiently. This segment is witnessing growth due to its widespread applications in residential, commercial, industrial, municipal, and scientific research sectors, all of which are thriving fields in India. Notable properties of centrifugal pumps include energy efficiency, corrosion resistance, smooth flow, and high reliability, making them a preferred choice across various sectors.
As per India pump sets market analysis, steady agricultural activities in the northern region of India, particularly states like Punjab and Uttar Pradesh, plays a significant role in driving the demand for centrifugal pump sets. Meanwhile, positive displacement pump sets account for a smaller share compared to centrifugal pumps. These pumps operate by trapping a fixed amount of fluid and then displacing it into the discharge pipe, making them suitable for applications where consistent flow rates are essential.
Agriculture segment holds a significant market share due to the vast availability of agricultural land in India
The agriculture segment, based on application, accounts for a healthy India pump sets market share. Pumps sets in the agriculture field are used for irrigation to efficiently provide enough water to the crops. Hence, the thriving agriculture sector across India, owing to the growing population, favourable policies of the government supporting farmers, and vast availability of agricultural land, is leading to a heightened demand for pump sets.
The non-agriculture irrigation segment in the market is experiencing growth driven by urbanisation, landscaping projects, and industrial water supply needs. Pump sets for non-agriculture irrigation cater to applications beyond traditional farming, such as urban landscaping, golf course maintenance, wastewater treatment, and industrial water distribution.
India Pump Sets Market Report Snapshots
India Pump Sets Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The India pump sets market is expected to grow at a CAGR of 5.40% between 2024 and 2032.
A pump set is an equipment which facilitates the flow of liquid or gas.
Rising applications in industrial sectors including agriculture and chemical, among others, to pump water, solvents, organics, and acids and bases, and increasing domestic use of centrifugal pumps across domestic and residential sector are the major drivers of the market.
Key trends aiding market expansion include the technological upgradations and innovative product developments such as IoT enabled pumps, and deployment in non-agricultural irrigation applications.
Centrifugal and positive displacement are the different product types included in the market.
The major product equipment types included in the market report are submersible pumps, multistage pumps, end-suction pumps, split case pumps, and engineered pumps, among others.
Agriculture, non-agriculture irrigation, domestic, and industrial, among others, are the different applications included in the India pump sets market report.
Regions considered in the market are Northern Region, Southern Region, Western Region, and Eastern Region.
Apart from direct electricity, pump sets can also be powered manually and through solar power.
Key players in the market are Kirloskar Brothers Ltd, CRI Pumps Private Ltd, KSB Limited, Crompton Greaves Consumer Electricals Ltd, Sulzer Pumps India Ltd, Grundfos, Texmo Industries, Shakti Pumps India Ltd, and WPIL Ltd, among others.
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