Selbyville, Delaware According to Market Study Report, Water Pumps Market provides a comprehensive analysis of the Water Pumps market segments, including their dynamics, size, growth, competitive landscape, and emerging opportunities of industry. This report also provides market landscape and market share information in the Water Pumps market.
Global Water Pumps Market Size, Share is valued approximately USD 58.66 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.20% over the forecast period 2019-2026.
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Water pumps are mechanical devices with usage in households and several industries such as agriculture, wastewater treatment industries, chemical, mining and petroleum etc. The water pumps are diverse products that are engineered, standardized and configured with essential auxiliary equipment to control and divert the flow of water pressure or any floating liquid through pipes within end-use industries. Water pumps can be classified by their method of displacement such as positive displacement pumps (reciprocating and rotary) and centrifugal pumps. The global spread of COVID-19 impacts in lockdown of various economies and their industries which adversely affected growth of economy and productivity of the end-use industries; therefore, it unfavorably affected the demand of water pumps in various end-use sectors. The water pump has large amount of application in waste-water treatment industries to control and manage the water pressure along with helps in utilizing the water at its par. Therefore, rapid growth in waste-water treatment industries is expected to drive the growth of water pumps market over the forecast years. For instance: According to the International Wastewater association, in Aqaba, wastewater flow rate is projected to 61,000 m3 /day by 2030 thereby tenders to expand treatment capacity is executed of about 70,000 m3 /day. Also, in Bangkok over 12,000 m3/day wastewater treatment capacity is initiated by 2030. In addition, technological advancement in water pumps is expected to stimulate the growth of water pumps market over the forthcoming period.
The regional analysis of global Water Pumps market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the significant growth in advancement and innovative in water pumps. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising waste-water treatment facilities in the region would create lucrative growth prospects for the Water Pumps market across Asia-Pacific region.
Major market player included in this report are:
KSB SE & Co. KGaA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Technology offerings of key players. The detailed segments and sub-segment of the market are explained below:
Centrifugal water pumps
Positive Displacement Water Pumps
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026
Target Audience of the Global Water Pumps Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Global Mobile Water Treatment Market Size study with COVID-19 Impact, by Type (Membrane Mobile Water Treatment, Resin Mobile Water Treatment and Filtration Mobile Water Treatment), by Application (Power and Energy, Construction, Agriculture, Chemicals, Mining and Minerals, Municipal and Other) and Regional Forecasts 2020-2026
Mobile Water Treatment is used in wide range of end use industries such as chemical processing, oil & gas, pharmaceuticals, energy & power, mining & mineral processing, etc., for multiple use like boiler water, process water from cooling tower, steam blows, etc. The increasing instances of water contamination throughout the globe, shortage of water in dry areas and depletion of fresh water resources are the few factors responsible for growth of the market over the forecast period. Furthermore, introduction of innovative products and other strategic alliance by various market player will create a lucrative demand for this market. For instance, as per company’s news release in October 2017, SUEZ acquired GE Water & Process Technologies. This acquisition will broader the product portfolio as well as rage of technologies and patents.
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