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Water Pump Market Valued at USD 56.25 Billion in 2023, Predicted to Expand at 5.6 percentage CAGR

Water Pump Market

Water Pump Market

The ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at US$ 56.25 Bn. in 2023 and the total revenue is expected to grow at 5.6 % through 2024 to 2030, reaching nearly US$ 82.37 Bn.

๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The water pump market plays a crucial role in providing a continuous supply of water for various applications, ranging from household needs to complex industrial uses. Water pumps are used extensively across industries such as oil and gas, power generation, chemical processing, and agriculture. With the increasing demand for clean water, advancements in pump technologies, and government initiatives aimed at enhancing water infrastructure, the water pump market is poised for significant growth. Growing urbanization and industrialization further bolster the need for efficient water pump systems, particularly in developing regions where rapid infrastructure development is taking place.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ :https://www.maximizemarketresearch.com/request-sample/12429/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The dynamics of the water pump market are largely influenced by the increasing dependence on groundwater for agriculture and household needs, coupled with irregular monsoons and climate change, which propel demand for reliable pumping solutions. Governments across various regions are focusing on improving water infrastructure, which involves modernizing water distribution systems, implementing sanitation programs, and developing wastewater treatment plants. These factors contribute significantly to the growing demand for water pumps across both developed and developing nations.

๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

One of the prominent trends in the water pump market is the increasing shift towards high-efficiency, eco-friendly pumps that help reduce energy consumption and comply with stringent environmental regulations. Manufacturers are focusing on producing intelligent pump systems with advanced monitoring features to enhance operational efficiency and reduce downtime. The integration of IoT and smart control technologies into water pumps is becoming more common, providing end-users with the ability to optimize water usage, monitor performance in real-time, and perform predictive maintenance.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ :https://www.maximizemarketresearch.com/inquiry-before-buying/12429/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐€๐ฌ๐ข๐š

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐š๐ง๐ ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: While specific recent M&A activities in Vietnam and Thailand's water pump sectors are limited, the overall Southeast Asian market is witnessing increased investments and partnerships aimed at infrastructure development and industrial growth.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: In 2024, Workdry International, the parent company of Selwood, expanded into the North American market by acquiring Florida-based Holland Pump Company, a provider of water handling and pump rental services.

๐‰๐š๐ฉ๐š๐ง ๐š๐ง๐ ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: These countries continue to focus on innovation and technological advancements in the water pump industry, with companies investing in research and development to maintain competitive edges.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Germany: In 2022, Alfa Laval acquired Desmet, a leader in engineering and supplying processing plants and technologies for the edible oils and biofuel sectors, to support its transformation towards renewable fuels.

๐”๐ง๐ข๐ญ๐ž๐ ๐Š๐ข๐ง๐ ๐๐จ๐ฆ: In 2023, HMS Networks finalized the acquisition of Red Lion Controls, aiming to enhance their product offerings and market presence.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’๐€

In 2024, ๐ˆ๐ง๐ ๐ž๐ซ๐ฌ๐จ๐ฅ๐ฅ ๐‘๐š๐ง๐ acquired ๐ˆ๐‹๐‚ ๐ƒ๐จ๐ฏ๐ž๐ซ and completed three other acquisitions-๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐€๐ข๐ซ ๐š๐ง๐ ๐๐จ๐ฐ๐ž๐ซ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, ๐ƒ๐ž๐ฅ ๐๐ƒ ๐๐ฎ๐ฆ๐ฉ๐ฌ & ๐†๐ž๐š๐ซ, and ๐…๐ซ๐ฎ๐ฏ๐š๐œ-for a combined purchase price of $150 million, aiming to introduce new technologies for life science applications and expand their market reach.

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐›๐ฒ ๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

๐—๐ฒ๐ฅ๐ž๐ฆ ๐ˆ๐ง๐œ.: In May 2023, Xylem completed the acquisition of ๐„๐ฏ๐จ๐ช๐ฎ๐š ๐–๐š๐ญ๐ž๐ซ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ, a provider of water and wastewater treatment solutions, in an all-stock transaction valued at $7.5 billion, becoming the world's largest pure-play water technology company.

๐…๐ฅ๐จ๐ฐ๐ฌ๐ž๐ซ๐ฏ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง: In August 2024, Flowserve announced plans to acquire ๐Œ๐Ž๐†๐€๐’ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ ๐ˆ๐ง๐œ., a specialized valve manufacturer, to enhance its product portfolio and market presence.

๐๐ž๐ง๐ญ๐š๐ข๐ซ: In 2022, Pentair expanded its water solutions portfolio by acquiring ๐‰๐ฎ๐ง๐  ๐๐ฎ๐ฆ๐ฉ๐ž๐ง ๐†๐ฆ๐›๐‡, a German-based company specializing in wastewater processing products.

These strategic mergers and acquisitions are pivotal in driving innovation, expanding global footprints, and enhancing the technological capabilities of companies within the water pump market. As the industry continues to evolve, such collaborations are expected to play a crucial role in meeting the growing global demand for efficient water management solutions.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.maximizemarketresearch.com/request-sample/12429/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Pump Type

Centrifugal Pump
Positive Displacement water pump
Others

by End-User

Oil and Gas
Chemical
Power Generation
Water and Wastewater
General Industry

by Driving Force

Electric Driven
Engine Driven

by Distribution Channel

Direct Sales
Indirect Sales

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1.Gardner Denver
2.Torishima Pump Mfg. Co.
3.General Electric Company
4.Weir Group PLC
5.Weatherford International Inc
6.ITT Inc.
7.PROCON Products
8.KSB Group
9.Kirloskar Brothers Limited
10.Sulzer Ltd.
11.Atlas Copco
12.Baker Hughes Incorporated
13.Busch LLC
14.ClydeUnion Pumps
15.Ebara Corporation
16.Flowserve Corporation
17.Halliburton Company
18.ULVAC Technologies
19.Jyoti Ltd
20.Shakti Pumps India Ltd
21.CNP Pumps India Pvt Ltd
22.CRI Pumps Pvt Ltd

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/water-pump-market/12429/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
Water Pump Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Water Pump Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :

โ™ฆ Diode Market https://www.maximizemarketresearch.com/market-report/diode-market/196065/

โ™ฆ Global Solar Microinverter Market https://www.maximizemarketresearch.com/market-report/global-solar-microinverter-market/54983/

โ™ฆ Talc Market https://www.maximizemarketresearch.com/market-report/global-talc-market/12607/

โ™ฆ Global Hypochlorous Acid Market https://www.maximizemarketresearch.com/market-report/global-hypochlorous-acid-market/35187/

โ™ฆ eSIM Subscription Market https://www.maximizemarketresearch.com/market-report/indian-semiconductor-market/14504/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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