Water Pumps Market By Type (Centrifugal Pump, Positive Displacement Pump), By End-Use (Residential, Municipal And Waste Water, Industrial, Power And Energy) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2026

Water pumps are one of the most important devices used for a wide variety of end-use applications. Water pumps have evolved over time as simple water drawing devices for a variety of applications, including commercial and residential. Some of the water pumps available on the market include variants of centrifugal pumps and positive displacement pumps. Centrifugal pumps are used for applications related to medium head and discharge. Centrifugal pumps have grown in popularity due to an increase in applications such as water pumps for homes, commercial buildings, and agricultural purposes. However, for high discharge, positive displacement pumps are extensively used for industrial applications. The water pumps are used in end-use applications that include residential purposes, municipal and wastewater management, the industrial sector, the power and energy sector, and other auxiliary applications.

Growth in residential infrastructure and agricultural activities, particularly in developing economies such as China, India, and Brazil, have fueled the water pump market. Various factors, such as the need for more healthy and safe drinking water, water and energy conservation, and growing industries, have boosted the demand for new and improved water pumps. Thereby, the market has witnessed an increasing demand for new water pumps to cater to varied applications. As a result, the water pump market has been witnessing an increasing demand for various types of centrifugal and positive displacement pumps. Moreover, with ongoing product development for more energy-efficient pumps, the market is expected to witness significant growth during the forecast period from 2017 to 2025. 

The report titled "Water Pump Market: Growth, Future Prospects, and Competitive Landscape, 2017–2025" offers strategic insights into the global water pump market with a focus on the market's size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on type, end-use, and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading water pump manufacturers, their strategies, market positioning, and key developments. Some of the major players profiled in the report include Flowserve Corporation, Sulzer Ltd., Ebara Corporation, Weir Group plc, and Torishima Pump Mfg. Co., ITT Corporation, Gardner Denver, Inc., KSB Aktiengesellschaft, Kirloskar Brothers Limited, and Grundfos Holding A/S.

Other in-depth analysis provided in the report includes:

• current and future market trends in order to justify the upcoming attractive markets in the water pumps market
• Market fullers, market impediments, and their impact on market growth
• in-depth competitive environment analysis
• Trailing 2-year market size data (2015–2016)

Overall, the research study provides a holistic view of the global water pump market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors.

The global water pump market is segmented, based on type, into the following categories:

• Centrifugal Pump
• positive displacement pump

As of 2016, the centrifugal pumps segment led the overall water pumps market in terms of revenue. Centrifugal pumps are the most preferred water pumps for domestic as well as industrial applications. The construction and workings of this pump are simple, and it has a better lifespan if primed and maintained properly. Centrifugal pumps are capable of handling low-viscosity fluids at moderate pressure, leading to their higher adoption in municipal and wastewater treatment plants, food processing plants, manufacturing plants, and residential applications. The centrifugal pumps market is expected to experience continued growth in the aforementioned application during the forecast period of 2017 to 2025.

As of 2016, the positive displacement pumps segment trailed the centrifugal pumps in terms of revenue. Positive displacement pumps are used for moderate flow rates and very high pressures. A variety of positive displacement pumps are available and can be used in numerous applications. These types include rotary pumps, reciprocating pumps, and diaphragm pumps. Heavy industries such as power and gas, processing industries, and others prefer this type of pump owing to the aforementioned merits.

The global water pumps market has been segmented on the basis of geographical regions, as per the following regions and countries:

• North America
• U.S.
• rest of North America
• Europe
• U.K.
• Germany
• France
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Rest of Asia Pacific
• Rest of the World (ROW)
• Middle East and Africa (MEA)
• Latin America

As of 2016, the global market for water pumps was dominated by the Asia-Pacific region. Asia-Pacific countries such as China and India are growing in population and economic development. The residential and commercial infrastructure in these countries is perpetually expanding every year. In order to fulfill the requirement for fresh water, the demand for water pumps has been consistently growing in this region. In addition, the flourishing industrial sector has also been a major driver for the water pump market in the region. The market for water pumps in the Asia Pacific is expected to dominate the overall market during the forecast period from 2017 to 2025.

North America succeeds Asia Pacific in terms of revenue in the overall water pump market. The water pump market has benefited from consistent growth in both industrial and domestic infrastructure. Furthermore, awareness of water conservation and smart energy utilization has uplifted the demand for new and advanced water pumps in the region.

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