India Centrifugal Pump Market is Expected to Represent Highest Incremental Opportunity Revenue of USD 5578.2 Million By 2030 | IGR

India's Centrifugal Pump Market is set for robust expansion with an anticipated Compound Annual Growth Rate (CAGR) of 8.68% between 2023 and 2030. The upsurge in demand for wastewater treatment plants is a primary catalyst driving the surge in centrifugal pump adoption across the nation. The India centrifugal pump market was valued at USD 2885.0 Million in 2022 and is expected to reach USD 5578.2 Million by 2030 and grow at a CAGR of 8.68% over the forecast period.

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Wastewater Treatment Fueling Growth: India is witnessing a burgeoning demand for wastewater treatment facilities, powering the ascent of the centrifugal pump market. Major Indian cities produce approximately 38 million cubic meters of sewage daily, a figure projected to surge to 132 million cubic meters daily by 2050 due to population growth and industrialization. Centrifugal pumps are extensively deployed in in-plant pump stations at sewage treatment plants (STPs) and central effluent treatment plants (CETPs), making them pivotal in meeting the increased demand for wastewater treatment.

Boosted by Agriculture: India's flourishing agriculture sector, the second-largest worldwide, is further amplifying the demand for centrifugal pumps, especially for irrigation. Centrifugal pumps play a crucial role in pumping water from reservoirs for agricultural use. With 48.8% of India's 140 million hectares of agricultural land being irrigated, centrifugal pumps are essential in ensuring efficient water supply to farms.

Cybersecurity Concerns: The growth of centrifugal pumps in the Indian market faces challenges related to the cavitation effect, which can degrade pump performance, leading to fluctuating flow rates and pressure, as well as damage to internal components. Cavitation can be costly to rectify and labor-intensive, impacting the overall operating cost for users. Addressing these challenges necessitates proper handling by professionals in the field.

Government Initiatives and Policies: The Indian government is driving efforts to enhance wastewater treatment and water recycling. Initiatives like the National Water Policy and the National Water Mission aim to improve water management in the country. The Ministry of Jal Shakti has set ambitious targets for tap water availability, and several states and cities have adopted their individual targets to boost wastewater treatment. These policies, alongside a focus on achieving Sustainable Development Goals (SDGs), are expected to spur the demand for centrifugal pumps as they are integral to wastewater treatment processes.

The centrifugal pump market in India is on a growth trajectory, driven by the pressing need for wastewater treatment, the significance of agriculture, and government policies aimed at water management. With an anticipated CAGR of 8.05%, the future is promising for the centrifugal pump industry in India.

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Table of Content

Chapter 1. Report Overview

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

Chapter 3. Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.2.4. Challenges

3.3. PEST-Analysis

3.4. Porter's Diamond Model for India Centrifugal Pump Market

3.5. IGR-Growth Matrix Analysis

3.6. Competitive Landscape in India Centrifugal Pump Market

Chapter 4. India Centrifugal Pump Market by Product Type

4.1. Single Stage Pump

4.2. Multi Stage Pump

4.3. Axial & Mixed Flow Pumps

4.4. Submersible Pumps

4.5. Seal-less & Circulator Pump

Chapter 5. India Centrifugal Pump Market by End-User

5.1. Industrial

5.2. Agricultural

5.3. Domestic

Chapter 6. Company Profiles

6.1 Competitive landscape

6.2 Company Profiles

6.2.1 Kirloskar Brothers Limited

6.2.1.1 Overview

6.2.1.2 Company Snapshot

6.2.1.3 Product Portfolio

6.2.1.4 Recent Development

6.2.2 KSB SE & Co. KGaA

6.2.2.1 Overview

6.2.2.2 Company Snapshot

6.2.2.3 Product Portfolio

6.2.2.4 Recent Development

6.2.3 SINTECH PRECISION PRODUCTS LTD.

6.2.3.1 Overview

6.2.3.2 Company Snapshot

6.2.3.3 Product Portfolio

6.2.4 PSP PUMPS PVT. LTD.

6.2.4.1 Overview

6.2.4.2 Company Snapshot

6.2.4.3 Product Portfolio

6.2.5 MACKWELL PUMPS & CONTROLS

6.2.5.1 Overview

6.2.5.2 Company Snapshot

6.2.5.3 Product Portfolio

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Reasons to Buy this Report:

=> Comprehensive analysis of regional markets of India centrifugal pump.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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