Water Pump Market: size was valued at US$ 50.45 Bn. in 2021 and the total revenue is expected to grow at 5.6 % through 2021 to 2029, reaching nearly US$ 78.02 Bn.
Water Pump Market Overview:
Maximize Market Research’s new report, Global Water Pump Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Water Pump market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Water Pump market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market’s complexities. The research provides an overview of the worldwide Water Pump market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
Segmentation:
by Pump Type
• Centrifugal Pump
• Positive Displacement water pump
• Others
The Centrifugal Pump, Positive Displacement Water Pump, and Others segments of the global water pump market are based on pump type. In 2021, the segment for centrifugal pumps had the highest market share, with 52%. In contrast to positive displacement design type water pumps, which are utilised 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.
by End-User
• Oil and Gas
• Chemical
• Power Generation
• Water and Wastewater
• General Industry
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 2021, 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.
by Driving Force
• Electric Driven
• Engine Driven
by Distribution Channel
• Direct Sales
• Indirect Sales
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Key Players:
It then discusses the top competitors in the worldwide Water Pump market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
• Gardner Denver
• Torishima Pump Mfg. Co.
• General Electric Company
• Weir Group PLC
• Weatherford International Inc
• ITT Inc.
• PROCON Products
• KSB Group
• Kirloskar Brothers Limited
• Sulzer Ltd.
• Atlas Copco
• Baker Hughes Incorporated
• Busch LLC
• ClydeUnion Pumps
• Ebara Corporation
• Flowserve Corporation
• Halliburton Company
• ULVAC Technologies
• Jyoti Ltd
• Shakti Pumps India Ltd
• CNP Pumps India Pvt Ltd
• CRI Pumps Pvt Ltd
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Regional Analysis:
The report has analyzed the global Water Pump market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Water Pump market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Water Pump Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
Key Questions Answered in the Water Pump Market Report are:
- Which are the major companies in the Water Pump market?
- Which is the potential market for Water Pump in terms of the region?
- Which application area of Water Pump is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Water Pump market size by 2027?
- What are the growth prospects for the Water Pump market?
- What is the base year considered in the Water Pump market report?
- Which region holds the largest market share in the Water Pump market?
- What factors are anticipated to drive the Water Pump market?
