Dewatering Pumps Market Report 2022-2027: Size, Latest Insights, Industry Trends and Analysis

The latest report published by IMARC Group, titled "Dewatering Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global dewatering pumps market reached a value of US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a CAGR of 6.4% during 2022-2027. Dewatering pumps refer to centrifugal pumps that are mainly used for removing unwanted water from tunnels, construction sites, buildings and mining areas. They are mainly equipped with a rotating impeller that creates a vortex to remove the air out of the hose, which enables the unwanted water to rise to the pump. They are generally installed below the groundwater level to help in reducing and maintaining the water level. Some of the commonly utilized dewatering pumps include a drainage pump with a strainer and a dewatering sludge pump, wherein a drainage pump with a strainer is designed to remove water with abrasives and a dewatering sludge pump is used to remove water with solids.

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Dewatering Pumps Market Trends:

The global market is primarily driven by the growing product demand from the construction sector. This is due to the increasing infrastructural development projects across several countries. In line with this, the rising investments by private and public agencies for controlling groundwater level across commercial, residential and industrial locations is catalyzing the demand for dewatering pumps on the global level. Along with this, the increasing mining activities as a result of the augmenting energy consumption due to the increasing population level is creating a positive market outlook. Moreover, continual technological advancements, such as the introduction of automatic and heavy-duty dewatering pumps to cater to the growing demand from the industrial sector and meet the international quality standard, are impacting the market growth favorably. Other factors, including rapid urbanization, continuous product innovations, product miniaturization, diversified product variants and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market.

Dewatering Pumps Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the dewatering pumps market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Atlas Copco AB
• Ebara Corporation
• Flowserve Corporation
• Grundfos Holding A/S
• ITT INC.
• KSB SE & Co. KGaA
• Sulzer Ltd.
• The Gorman-Rupp Company
• The Weir Group PLC
• Wacker Neuson SE
• Xylem.

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Key Market Segmentation:

The report has segmented the dewatering pumps market on the basis of breakup by type, capacity, application and region.

Breakup by Type:

• Submersible Dewatering Pumps
• Non-Submersible Dewatering Pumps
Breakup by Capacity:

• 05-3 HP
• 3-10 HP
• 10-50 HP
• Above 50 HP

Breakup by Application:

• Construction and Agriculture
• Oil and Gas
• Municipal
• Mineral and Mining
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.