Dewatering Pumps Market Report, Size and Analysis 2026

According to a new report published by Allied Market Research, titled, "Dewatering Pumps Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global dewatering pumps market size was valued at $6,374.1 million in 2018, and is projected to reach $10,133.4 million by 2026, growing at a CAGR of 5.9% from 2019 to 2026. In 2018, Asia-Pacific dominated the global market in terms of revenue, accounting for around 43.1% share, followed by Europe.

𝙂𝙚𝙩 𝙞𝙣𝙨𝙞𝙙𝙚 𝙎𝙘𝙤𝙤𝙥 𝙤𝙛 𝙩𝙝𝙚 𝙧𝙚𝙥𝙤𝙧𝙩, 𝙧𝙚𝙦𝙪𝙚𝙨𝙩 𝙛𝙤𝙧 𝙛𝙧𝙚𝙚 𝙨𝙖𝙢𝙥𝙡𝙚: https://www.alliedmarketresearch.com/request-sample/5399

𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁

The dewatering pumps market has witnessed an unprecedented growth in the recent years, due to high efficiency of the pumps, especially in the construction industry. Increase in metal & mineral mining activities is the key factor that boosts the adoption of dewatering pumps.

The market in LAMEA is in its nascent stage, and is expected to witness significant growth in the future, owing to increase in adoption of dewatering pumps in the mining sector. However, Asia-Pacific is anticipated to provide lucrative opportunities for the market players, owing to strong economic growth and improvement in access to advanced technologies in this region. Conversely, unstable prices of raw material and high operating costs associated with installation restrict the market growth.

In 2018, the construction & agriculture segment dominated the market, due to increase in nonresidential construction activities in the developing nations such as India, China, and Brazil. High demand has been witnessed for dewatering pumps in the rapidly emerging economies, such as Brazil, owing to the presence of several local and regional manufacturers. Thus, all these factors together are anticipated to significantly contribute toward the growth of the market.

𝙈𝙖𝙠𝙚 𝙖 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙄𝙣𝙦𝙪𝙞𝙧𝙮: - https://www.alliedmarketresearch.com/purchase-enquiry/5399

On the basis of type, the non-submersible dewatering pumps segment garnered to the largest share in 2018, owing to the benefits offered such as its long-range operation capabilities and its prolonged durability.

The submersible dewatering pumps segment is expected to grow at a CAGR of 6.4% during the forecast period. This is attributed to rise in use of submersible dewatering pumps by several municipalities is across the globe.

Europe registered the second highest growth rate after Asia-Pacific in the dewatering pumps market in 2018. However, LAMEA is expected dominate the market during the forecast period, owing to expansion of the construction sector in the region.

Many players adopted product launch as its key developmental strategy to improve its product portfolio. For instance, in April 2019, Xylem launched CD150S Dri-Prime dewatering pump series. The new product is addition in its Godwin brand of dewatering pumps. It offers superior flexibility due to its interchangeable impeller. Similarly, in February 2018, Weir Minerals expanded its dewatering portfolio with the launch of Multiflo RF pump.

𝗧𝗵𝗲 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀

In addition, major players are focusing on manufacturing highly efficient, wide-capacity range, and highly reliable dewatering pumps for the municipal industry. For instance, the NX type dewatering pump by Hankia Pump Co., Limited is suitable for various dewatering applications such as drainage of rainwater, flood, wastewater, and municipal projects.

𝙏𝙤 𝙋𝙪𝙧𝙘𝙝𝙖𝙨𝙚 𝙩𝙝𝙞𝙨 𝙋𝙧𝙚𝙢𝙞𝙪𝙢 𝙍𝙚𝙥𝙤𝙧𝙩: https://www.alliedmarketresearch.com/checkout-final/4f565ee1596904a309fe2d2eba9580f2

𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗥𝗲𝘃𝗶𝗲𝘄

Furthermore, these players have been adopting developmental strategies, such as acquisition and others, to fuel the dewatering pumps market growth. for instance, Patterson Pump, which is a subsidiary of Gorman-Rupp Company, acquired Morrison Pump Company. This acquisition led to the expansion of pump product portfolio for wastewater treatment and municipal flood control.

David Correa
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.