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Key Trend Reshaping the Sump Pumps Market in 2025: Enhancing Efficiency The Latest Developments In Sump Pump Technology

02-17-2025 10:43 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Sump Pumps Market

Sump Pumps Market

What Are the Projections for the Size and Growth Rate of the Sump Pumps Market?
The market for sump pumps has seen swift growth in recent times. The projected increase is from $14.17 billion in 2024 to $15.83 billion in 2025, recording a compound annual growth rate (CAGR) of 11.7%. The significant expansion during the past years can be credited to factors such as the rise in residential construction, growing urbanization that resulted in heightened sump pump installations, the increased occurrence of heavy downpours and flooding situations, more rigorous building rules and regulations for flood management that boosted sump pump installations, and an uptick in interest towards home refurbishments and enhancements which amplified the sales of sump pumps.

The market for sump pumps is anticipated to witness remarkable expansion over the coming years, reaching $24.38 billion by 2029 with a compound annual growth rate (CAGR) of 11.4%. This anticipated growth is due to factors such as increased adoption of smart home systems, renovation and improvement of old water management systems, steady population increase, greater emphasis on weather adaptation and disaster readiness, governmental backing, and finance for projects related to flood control and water management. Noteworthy trends for the forecasted period encompass the integration of smart technology, use of high-quality resilient materials for boosting the life span and efficiency of sump pumps, offering tailored solutions, adoption of wireless and app-based control systems, and technological confluence.

What Are the Main Catalysts for Growth in the Sump Pumps Market?
The sump pumps market's growth is anticipated to be fueled by the burgeoning construction industry. This industry includes all facets relating to building, infrastructure, and industrial sectors translating from planning, design, financing, and construction of various structural forms. The growth in the construction sector can be attributed to increased urbanization, the escalating need for residential and commercial premises, and infrastructure augmentation investments by the government. Within the construction sector, sump pumps play a pivotal role in managing groundwater and forestalling floods at excavation locations and newly erected buildings. For instance, the Office for National Statistics, a statuary authority based in the UK, reported in February 2023 that the annual construction output experienced a 5.6% increase in 2022 compared to 2021, succeeding an unprecedented 12.8% surge the preceding year. As such, the sump pumps market's growth is being propelled by the construction industry's expansion.

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Which Businesses Are at the Forefront of Sump Pumps Market Development?
Major companies operating in the sump pumps market are Baker Hughes Company, Dover Corporation, Xylem Inc., Metso Corporation, Ebara Corporation, Grundfos Pumps Private Limited, Liberty Pumps Inc., Pentair plc, Flowserve Corporation, Sulzer Ltd, The Weir Group PLC, ITT Goulds Pumps, KSB SE, Leo Group Co Ltd, WILO SE, Franklin Electric Co. Inc., Tsurumi Manufacturing Co. Ltd., Shijiazhuang Industrial Pump Factory Co. Ltd., Zoeller Pump Company Llc., Excellence Pump Industry Co. Ltd., Glentronics Inc., Ridgid Tool

What Are the Latest Innovations in the Sump Pumps Market?
Key players in the sump pumps market are directing their efforts towards creating upgraded products like sump pump technology, aimed at enhancing efficiency, durability, and automation of the pump. Sump pump technology constitutes the systems and procedures employed in sump pumps to eliminate water gathered in basements, crawl spaces, or flood-prone low areas. For example, Delta Membrane Systems Limited, based in the UK and known for its specialist structural waterproofing solutions, unveiled the innovative 695 Groundwater Sump Pump Chamber, in February 2023. This chamber, designed to improve water management solutions for both ground and surface water collection, is compatible with Delta's Dual V3, V4, and V6 pump stations, providing a flexible option to cater to multiple drainage demands. This constitutes a major enhancement in sump pump technology, serving both residential and commercial sectors.

How Is the Sump Pumps Market Segmented?
The sump pumpsmarket covered in this report is segmented -

1) By Type: Submersible Sump Pumps, Pedestal Sump Pumps, Other Types
2) By Capacity: Low, Medium, High
3) By Power Rating: Below 1 HP, 1-5 HP, 5-15 HP, Above 15 HP
4) By Sales Channel: Direct Channel, Distribution Channel
5) By Application: Mining And Mineral Industry, Construction, Metallurgy And Chemical Industry, Pulp And Paper, Power Generation, Other Applications

Subsegments:
1) Submersible Sump Pumps: 1/4 HP Submersible Pumps, 1/2 HP Submersible Pumps, 3/4 HP Submersible Pumps
2) Pedestal Sump Pumps: 1/4 HP Pedestal Pumps, 1/2 HP Pedestal Pumps, 3/4 HP Pedestal Pumps
3) Other Types: Battery Backup Sump Pumps, Combination Sump Pumps

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Where Is the Sump Pumps Market Growth Most Prominent?
North America was the largest region in the sump pumps market in 2024. The regions covered in the sump pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Sump Pumps Global Market Report?

- Market Size Analysis: Analyze the Sump Pumps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sump Pumps Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sump Pumps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sump Pumps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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