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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Water Pump Market Size
The global water pump market reached a value of approximately USD 67.76 billion in 2023. The market is projected to grow at a CAGR of 4.40% between 2024 and 2032, reaching a value of USD 99.82 billion by 2032.
Key Trends in the Market
Water pump is a device used to pump/move water from one point to another using hydraulic and mechanical principles throughout the piping system. These pumps are widely used for supplying water (fluid) for industrial, residential, municipal, and agricultural purposes, among others.
- Water pumps are increasingly used for agricultural purposes, as they help in conserving water and ensuring a reliable supply of water across different field sizes for various types of crops.
- The ability of water pumps to de-flood or push out large amount of water quickly from a particular area in case of emergency or heavy rainfall is also favouring the water pump market growth.
- The use of water pumps in hydraulic mining processes is increasing as they help in getting rid of water and also dislodge rock materials and other sediments, revealing gold and gravel at the source.
Water Pump Market Report Snapshots
Water Pump 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 market reached a value of approximately USD 67.76 billion in 2023.
The market is projected to grow at a CAGR of 4.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 99.82 billion by 2032.
The major drivers of the market are rising infrastructure development, high demand for water pumps from chemical industry, and increasing usage for irrigation purposes.
The key trends of the market are development of smarter and more efficient water pumps and the de-flooding features of water pumps.
The various pump types include centrifugal pump and positive displacement water pump, among others.
The major regions in the market include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The key players in the market are Xylem Group, KSB SE & Co. KGaA, Sulzer Ltd., Weir Group, Pedrollo SpA, ITT Goulds Pumps, Grundfos Holding A/S, JEE PUMPS (GUJ.) PVT. LTD, Ebara Corporation, and Calpeda S.p.A, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124