Water Pump Market size was valued at US$ 53.27 Bn. in 2022 and the total revenue is expected to grow at 5.6 % through 2023 to 2029, reaching nearly US$ 78.02 Bn.
Water Pump Market Overview
Water Pump Market 2021 report by Maximize Market Research is a comprehensive analysis of the market, including its regional insights, changing trends, industry environment, and key players. The report is based on both primary and secondary research, and the results are presented in a logical and easy-to-understand format.
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Water Pump Market Scope
MMR’s research provides a comprehensive overview of the Water Pump market, identifying the leading global companies based on factors such as volume, value, market share, strategies, and industry growth. The research also offers strategies for existing and new market entrants, and is expected to help businesses improve their market position. The report includes market revenue by region and country, as well as segmentation by type and end users.
Water Pump Market Segmentation
The Centrifugal Pump, Positive Displacement Water Pump, and Others segments of the global water pump market are based on pump type. In 2022, the sector for centrifugal pumps had the highest market share, with 52%. In contrast to positive displacement design type water pumps, which are utilized in hydraulic systems, centrifugal water pumps are frequently employed in buildings, wells, fire prevention systems, and hot water circulation in enterprises. When compared to positive displacement pumps, centrifugal pumps have a larger market share in the overall water pump market.
The Oil and Gas, Chemical, Power Generation, Water and Wastewater, and General Industry segments of the global water pump market are separated based on end-user. In 2022, the Oil and Gas segment had the highest market share, at xx%. The surge in energy demand can be linked to an increase in the use of water pumps in the oil and gas industry. Modern water pump technology offer effective liquid and gas separation procedures. During the projection period, the demand for water pumps from the power generation industry is anticipated to pick up steam, in large part because of the rising investment in the power and energy sectors in emerging economies.
Water Pump Market Size and Forecast, by Pump Type (2022-2029)
1. Centrifugal Pump
2. Positive Displacement water pump
3. Others
Water Pump Market Size and Forecast, by End-User (2022-2029)
1. Oil and Gas
2. Chemical
3. Power Generation
4. Water and Wastewater
5. General Industry
Water Pump Market Size and Forecast, by Driving Force (2022-2029)
3. Electric Driven
3. Engine Driven
Water Pump Market Size and Forecast, by Distribution Channel (2022-2029)
1. Direct Sales
2. Indirect Sales
Water Pump Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Water Pump Market Key Players
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
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Regional Analysis
The report is focused on the five most important regions for the Water Pump market: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. These regions are responsible for the majority of the world’s Water Pump consumption.
Key Questions answered in the Water Pump Market Report are:
- What is Water Pump ?
- What is the forecast period of the Water Pump Market?
- What is the competitive scenario of the Water Pump market?
- Which region held the largest market share in the Water Pump Market?
- What are the opportunities for the Water Pump Market?
- What are the restraining factors in the Water Pump market?
- Who are the key players of the Water Pump market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Water Pump #
- Landscape- Leading key players and other prominent key players.
- Price Trends
- Key Opinion Leaders Offerings
- Government Initiatives
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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