Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

India Pump Sets Market Size

The India pump sets market is expected to grow at a CAGR of 5.40% between 2024 and 2032. The market is being driven by the rising applications of pump sets in agriculture and industrial sectors.

 

India Pump Sets Market Outlook

  • The estimated stock of agricultural irrigation pumps in India has increased from approximately 10 million units in 2010 to around 30 million units in 2022.
  • One significant program contributing to the expansion of solar irrigation pumps is the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan) scheme.
  • PM-KUSUM initiative aims to install more than 3.5 million solar irrigation pumps over the next few years, ensuring energy security for farmers across India.
  • As per industry reports, government of India added 70.1 GW of solar capacity in 2022.

 

India Pump Sets Market Report Snapshots

India Pump Sets Market Size

India Pump Sets Market Growth

India Pump Sets Market Trends

India Pump Sets Market Share

India Pump Sets Companies

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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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

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6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

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