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Thailand Water Pump Market : Drivers ,Restraints, Opportunities & Challenges

06-05-2019 05:22 PM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

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Thailand Water Pump Market : Drivers ,Restraints,

Introduction

Increasing demand for water pumps is a consequence of massive urbanization and industrialization being witnessed in developing countries.Water scarcity is one of the key factors driving demand for water pumps, as governments across the globe focused on implementation of regulations regarding recycle and reuse of water in industries.

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The South Asian region remains highly competitive on a global level due to low manufacturing costs. This is anticipated to provide a boost for global manufacturers to set up manufacturing facilities in this region and also help local manufacturers flourish. Europe and North America are expected to be the key target regions for exports.

Market Value and Forecast

The Thailand water pump market is anticipated to register a healthy CAGR during the forecast period. Factors fuelling market growth include low manufacturing costs, expansion of water Supply network, major urbanization, and industrialization, increasing arable land and land under cereal production. Thailand is an agriculture-driven country. Growth in the agricultural sector together with increasing arable land and land under cereal production is leading to growing trend of micro irrigation in small farms, which is projected to increase deployment of centrifugal water pumps.

Deployment of monobloc pumps is increasing due to the growing trend of family farming, which is carried out on small agricultural plots and requires low HP centrifugal pump for micro irrigation purposes. Pumps for domestic and agriculture application offer minimal product differentiation in terms of cost and quality. Similar buyer trends apply to both end-user segments.

Segmentation by Pump Type

The Thailand water pump market has been segmented on the basis of pump type into the submersible and monobloc. The submersible water pump segment is estimated to dominate the market with 63.5% of the overall Thailand water pump market share in 2015, followed by monobloc water pump segment with 36.5% share. Growth of the monobloc water pump segment over the forecast period is expected to be driven by increasing demand for application in agro-industrial and food production purposes.

Segmentation by End-use Application

By end-use application, the agriculture segment is projected to continue its dominance throughout the forecast period. Agriculture application segment is expected to gain BPS during the forecast period as a major portion of the country’s GDP is generated from agricultural activities. However, the industrial segment is forecast to register highest CAGR by 2021. Growth of the market in East Asia is mainly driven by increased adoption of water pumps in power plants, for the development of new infrastructure in the heavy industry, municipal wastewater treatment plants, irrigation and drinking water facilities.

Segmentation by Pump Capacity

By pump capacity, the Thailand water pump market is segmented by HP range into 3HP, 3–5HP, 5–10HP, 10–15HP, 15–20HP and 20–30HP. Smaller HP ranges are expected to witness above average growth during the forecast period.

Key Players

Key players in the Thailand water pump market include Grundfos, KSB AG, Kirloskar Brothers Limited and Ebara Corporation. Global players such as Grundfos, Sulzer Ltd., and Flowserve Corporation focus on research and development initiatives to introduce innovative products in order to attain sustainable advantages over the competition.

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Table Of Contents

1. Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Market Overview

4.1. Introduction

4.2. Thailand Water Pump Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

4.3. Thailand Water Pump Market Trends

4.4. Thailand Water Pump Market Overview, 2015–2021

4.4.1. Thailand Centrifugal Water Pump Market Analysis

4.4.2. Thailand Centrifugal Water Pump Market Pricing Analysis

5. Thailand Water Pump Market Analysis, By Product Type, 2015–2021

5.1. Introduction

5.1.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

5.1.2. Market Volume Forecast (Units) and Y-o-Y Growth

5.2. Centrifugal Water Pump

5.2.1. Submersible Water Pump

5.2.1.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

5.2.1.2. Market Volume Forecast (Units) and Y-o-Y Growth

5.2.2. Monobloc Water Pump

5.2.2.1. Market Value Forecast (US$ ‘000) and Y-o-Y Growth

5.2.2.2. Market Volume Forecast (Units) and Y-o-Y Growth

5.3. Basis Point Share (BPS) Analysis, By Product Type

6. Thailand Water Pump Market Analysis, By Pump Capacity, 2015–2021

6.1. Introduction

6.1.1. Market Value Forecast (US$ ‘000) and Y-o-Y Growth

6.1.2. Market Volume Forecast (Units) and Y-o-Y Growth

6.2. Small/Mini Pumps

6.2.1. Up to 3 HP

6.2.1.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

6.2.1.2. Market Volume Forecast (Units) and Y-o-Y Growth

6.2.2. 3-5 HP

6.2.2.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

6.2.2.2. Market Volume Forecast (Units) and Y-o-Y Growth

6.3. Medium Size Pumps

6.3.1. 5-10 HP

6.3.1.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

6.3.1.2. Market Volume Forecast (Units) and Y-o-Y Growth

6.3.2. 10-15 HP

6.3.2.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

6.3.2.2. Market Volume Forecast (Units) and Y-o-Y Growth

6.3.3. 15-20 HP

6.3.3.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

6.3.3.2. Market Volume Forecast (Units) and Y-o-Y Growth

6.3.4. 20-30 HP

6.3.4.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

6.3.4.2. Market Volume Forecast (Units) and Y-o-Y Growth

6.4. Basis Point Share (BPS) Analysis, By Pump Capacity

7. Thailand Water Pump Market Analysis, By End-Use Application, 2015–2021

7.1. Introduction

7.1.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

7.1.2. Market Volume Forecast (Units) and Y-o-Y Growth

7.2. Industrial

7.2.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

7.2.2. Market Volume Forecast (Units) and Y-o-Y Growth

7.2.3. Industrial Sub-Segment Analysis, Volume Forecast

7.2.3.1. Chemical

7.2.3.2. Power

7.2.3.3. Oil & Gas

7.2.3.4. Pharmaceuticals

7.2.3.5. Food and Beverage

7.2.3.6. Others

7.3. Domestic

7.3.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

7.3.2. Market Volume Forecast (Units) and Y-o-Y Growth

7.4. Agriculture

7.4.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

7.4.2. Market Volume Forecast (Units) and Y-o-Y Growth

7.5. Basis Point Share (BPS) Analysis, By End-Use Application

8. Thailand Water Pump Market Analysis, By Region, 2015–2021

8.1. Introduction

8.1.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

8.1.2. Market Volume Forecast (Units) and Y-o-Y Growth

8.2. Northern Thailand

8.2.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

8.2.2. Market Volume Forecast (Units) and Y-o-Y Growth

8.3. North Eastern Thailand

8.3.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

8.3.2. Market Volume Forecast (Units) and Y-o-Y Growth

8.4. Central & Eastern Thailand

8.4.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

8.4.2. Market Volume Forecast (Units) and Y-o-Y Growth

8.5. Southern Thailand

8.5.1. Market Value Forecast (US$ 000) and Y-o-Y Growth

8.5.2. Market Volume Forecast (Units) and Y-o-Y Growth

8.6. Basis Point Share (BPS) Analysis, By Region

9. Thailand Water Pump Market Analysis, Customer Preferences

9.1. Thailand Customer Preferences

9.2. Competition - Channel Strategy

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