Press release
Water Pump Market is Estimated to Reach USD 78,801.2 Million by 2030: Cognitive Market Research
Water Pump Market is Estimated to Reach USD 78,801.2 Million by 2030: Cognitive Market Research
What is the water pump?
The water pump is a type of device, which is rising the water pressure to drive the flow of water liquid from one side to another with a larger force. These pumps are used to water supply for various applications such as residential industrial, municipal, and agricultural. Water pumps are mostly operated through electricity but are used in other energy sources like diesel or gasoline engines. In addition, these pumps are used to transfer wastewater to sewage processing plants.
Summary:
As per the study of CMR, The Global Water Pump market size stood at USD 57,138.4 Million in 2022 and will touch the mark of USD 78,801.2 Million by 2030. The global market is expected to expand at a CAGR of 4.1 % during the forecast period (2023-2030).
To know more about The Water Pump Market statistics click here: https://www.cognitivemarketresearch.com/water-pump-market-report
Market Dynamics:
Water Pump Market Divers:
Increasing demand for water pumps in the various end-use industries and the growth of the gas and oil sector are likely to drive the demand for the water pump market. In addition, standard valves are easily progressed using automatic control systems and automatic actuator systems are likely to boost the growth of the water pump market.
Water Pump Market Opportunities:
Water pump technology advancement including automation implementation and control technology is projected to present growth opportunities for the water pump market in the forecast period.
Water Pump Market Restraints:
Decreasing demand for water pumps due to lockdowns by the government in various countries and stop production of several products for the end users of water pumps. This is expected to hamper the growth of the water pump market.
Market Segmentation:
Type:
• Positive Displacement Pumps
• Centrifugal Pumps
Based on type, centrifugal pumps have the largest revenue share in the water pump market. This is attributed to the increasing use of centrifugal pumps due to the greatest technology for slurries, water, and thin liquid, which are encountered in all industries including construction, wastewater and water treatment, oil & gas, agriculture, and chemical. This is projected to boost the demand for this segment in the target market.
Driving Force:
• Engine Driven
• Electric Driven
Based on driving force, the electric driven segment has dominated the water pump market. This is owing to electric pumps used in various industries including the milk & dairy sector, meat industries, fish canneries, food & beverages industry, and others propel this segment.
Application:
• Water/wastewater
• Oil and Gas
• Power Generation
• Chemicals
• Others
Based on application, the oil, and gas segment has the largest market share in the water pump market. This is due to the increasing demand for water pumps in the oil and gas industry is likely to fuel the demand for this segment in the target market.
Competitive Analysis of Water Pump Market: Grundfos, Flowserve, Xylem, KSB, Ebara, Sulzer, Pentair, WILO, Shanghai Kaiquan, East Pump, LianCheng Group, CNP, DBP, SHIMGE, Danai Pumps, Goulds Pumps
Get free sample pages of the latest published Water Pump Market Report: https://www.cognitivemarketresearch.com/water-pump-market-report
Regional Analysis:
Asia-Pacific accounted for the largest share of the water pump market, in 2022
Asia-Pacific has the largest revenue share in the water pump market. This is due to the increasing demand for water pumps in Asian countries like Indonesia, India, and Vietnam. In addition, increasing development in the infrastructure is likely to drive the water pump market in the region.
Water Pump Market Industry News:
Atlas Copco has complete acquisition with a centrifugal pump company
In August 2021, Atlas Copco AB has a complete acquisition with CPC Pumps International Inc., which is based in Canada, Ontario, and specializes in the manufacturing and design of custom-engineered and mission-critical centrifugal pumps.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Water Pump Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Water Pump Market Segmentation
1.5.1 Water Pump Market Regional Fragmentation
1.5.1 Water Pump Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Water Pump Market
• 3.1 Global Water Pump Market Size 2018 - 2030, (USD Million)
• 3.2 Global Water Pump Value, Absolute & Opportunity Analysis
• 3.3 Global Water Pump Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Water Pump Market Statistics 2022: Snapshot
Chapter 4 Global Water Pump Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Water Pump Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Water Pump Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Water Pump Market by Driving Force Segmentation Analysis (2018-2030)
Chapter 12 Global Water Pump Market Regional Analysis
Chapter 13 North America Water Pump Market Outlook (2018 - 2030)
Chapter 14 Europe Water Pump Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Water Pump Market Outlook (2018 - 2030)
Chapter 16 Latin America Water Pump Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Water Pump Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Water Pump Market TOC click here: https://www.cognitivemarketresearch.com/water-pump-market-report#table_of_contents
Related Report:
• Booster Pump Market- https://www.cognitivemarketresearch.com/booster-pump-market-report
• Water Pump Pliers Market- https://www.cognitivemarketresearch.com/water-pump-pliers-market-report
• Axial Flow Pumps Market- https://www.cognitivemarketresearch.com/axial-flow-pumps-market-report
• Water Pump Motor Market- https://www.cognitivemarketresearch.com/water-pump-motor-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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