A water Pump is water controlling equipment that use evaporation or pumping to move water from one area to another. According to the MarkNtel Advisors’ research report, “Global Water Pump Market Analysis, 2021”, the market is expected to grow at a CAGR of around 5.9% during 2021-26. The factors surging the market growth are an increase in the demand for solar and energy-efficient water pump across different end-user industries such as Oil & gas, agriculture and construction services sectors coupled with the launch of the innovative product by the market players and burgeoning demand for water pumps in pharmaceutical companies. Additionally, snowballing investment by the countries in the wastewater treatment plant is also fueling the demand for the water pump.

Impact of COVID-19

The Covid-19 pandemic has negatively impacted the growth of the water pump market. This is due to a delay in a various ongoing development project and a halt in investments made in end-use industries. Besides this, the disruption in the supply chain has an adverse impact on the demand for water pumps due to the closed border with disturbed export activities. However, as the market is resuming due to the uplift of lockdown, hence the water pump market is projected to witness robust growth in the forthcoming years.

Market Segmentation

Chemical and Oil & Gas Industry Accounted for the Substantial Market Share

Based on End-User, the Chemical and Oil & gas sector accounted for the substantial market share in the Global Water Pump market in 2019. The growth of the segment is attributed to surging demand for water pump in the chemical industry as these are corrosion resistance. Along with this, various innovation safety features are made in the water pump by the manufacturer such as pressure switches, leak detection etc. due to which the demand for the water pump is predicted to grow at a robust rate. Entwined with, the significant growth in the oil & gas sector due to increasing demand for electricity and surging investments in the oil sector are projected to augment the demand for water pump in the coming years as revealed by the MarkNtel Advisors’ research report “Global Water Pump Market Analysis, 2021”.

Centrifugal Pump Dominated the Market

Based on the Type, the market is segmented into Centrifugal and Positive Displacement. Centrifugal water pump dominated the Global Water Pump market in 2019. The demand for the centrifugal water pump is high for agriculture and irrigation purposes due to the rising dependency on groundwater, especially in India. The rapid funding for the expansion of infrastructural development and rising water pollution, thus surging the need for a water pump for treating industrial wastewater. Hence, burgeoning demand for energy-efficient pumps is anticipated to fuel the demand for centrifugal water pump in the forecast period as these are highly efficient and less expensive.

Regional Landscape

Asia-Pacific Accounted for the Largest Market Share

Asia-Pacific accounted for the largest market share in the Global Water Pump market in 2019. China and India acquired the majority market share in the Asia-Pacific region. The growth is attributed to a boost in the demand for freshwater, burgeoning demand for a water pump for industrial use and rising use of centrifugal pumps in the agricultural sector. Moreover, rising technological advancement in water pumps such as the increasing emergence of smart intelligent pump systems by implementing IoT in pumps, robust growing urban population and escalating spending in the development of commercial and residential infrastructure are the factors driving the growth of the market.

Market Driver

Burgeoning Demand of Water Pump in Wastewater Treatment Plant

The increasing demand for freshwater due to the growing urban population and robust industrialization, rising scarcity of water and snowballing prevalence of waterborne disease are the factors burgeoning investment toward the development of wastewater treatment plant especially in Asian and the Middle East & African countries. In addition to this, burgeoning investments in water infrastructure, growing environmental concern and strict regulation formulated by the government for wastewater treatment are the factors contributing to the lucrative growth of the segment in the forecast period.

Competitive Landscape

According to MarkNtel Advisors, the major leading players in the global Water Pump market are Flowserve Corporation, Pentair PLC, Sulzer Limited, Kirloskar Brothers Limited (KBL), Grundfos, Xylem Inc, KSB Group, Wilo, ITT Inc., Torishima Pump MFG. Co. LTD., etc.

Key Questions Answered in the Market Research Report:

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Water Pump Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, opportunities, current and future trends and regulations in the Global Water Pump Market?
4. Who are the key competitors, what are their key strength and weakness and how they perform in Global Water Pump Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Water Pump Market study?

Market Outlook, Segmentation and Statistics

  • Impact of COVID-19 on Global Water Pump Market
  • Market Size & Analysis
  • ·By Revenue
  • Market Share & Analysis
  • ·By Type


? Centrifugal Pumps

  • ·Overhung Pumps
  • ·Vertical Inline
  • ·Horizontal End Suction
  • ·Split Case Pumps
  • ·Single/Two Stage
  • ·Multi Stage
  • ·Vertical Pumps
  • ·Turbine


? Solid Handling
? Non-Solid Handling
? Axial
? Mixed Flow

  • ·Submersible Pumps
  • ·Solid Handling
  • ·Non-Solid Handling


? Positive Displacement

  • ·Diaphragm Pumps
  • ·Piston Pumps
  • ·Gear Pumps
  • ·Lobe Pumps
  • ·Progressive Cavity Pumps
  • ·Screw Pumps
  • ·Vane Pumps
  • ·Peristaltic Pumps
  • ·By End User


? Oil & Gas
? Power Generation
? Residential
? Agriculture & Irrigation
? Commercial Building
? HVAC
? Fire
? Chemicals
? Water & Wastewater
? Food & Beverage
? Others

  • ·By Region


? North America Water Pump Market Outlook, 2016-2026F (USD Million)

  • ·The US Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Canada Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Mexico Water Pump Market Outlook, 2016-2026F (USD Million)


? South America Water Pump Market Outlook, 2016-2026F (USD Million)

  • ·Brazil Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Argentina Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Chile Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Peru Water Pump Market Outlook, 2016-2026F (USD Million)


? Europe Water Pump Market Outlook, 2016-2026F (USD Million)

  • ·The UK Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Italy Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Germany Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·France Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Spain Water Pump Market Outlook, 2016-2026F (USD Million)


? Asia-Pacific Water Pump Market Outlook, 2016-2026F (USD Million)

  • ·China Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·South Korea Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Japan Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·India Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·South East Asia Water Pump Market Outlook, 2016-2026F (USD Million)


? Middle East & Africa Water Pump Market Outlook, 2016-2026F (USD Million)

  • ·UAE Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Saudi Arabia Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·South Africa Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·Qatar Water Pump Market Outlook, 2016-2026F (USD Million)
  • ·By Competitors


? Competition Characteristics
? Market Share & Analysis
? Competitive Metrix

  • Global Water Pump Market Hotspots & Opportunities
  • Global Water Pump Market Government Regulations and Policies
  • Global Water Pumps Raw Material Pricing Analysis
  • Global Water Pumps Trade Pattern for Top 50 Countries
  • Global Competition Outlook
  • ·Competition Matrix
  • ·Company Profile



Frequently Asked Questions:

Q. What is the historical year, base year and forecast year considered in the research report on Global Water Pump Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.

Q. What would be the growth rate or CAGR of the Global Water Pump Market during 2021-26?
A. The Global Water Pump Market is projected to grow at a CAGR of 5.9% during 2021-26.

Q. Who are the key competitors or players operating in Global Water Pump Market?
A. Flowserve Corporation, Pentair PLC, Sulzer Limited, Kirloskar Brothers Limited (KBL), Grundfos, Xylem Inc, KSB Group, Wilo, ITT Inc., Torishima Pump MFG. Co. LTD., are few of the leading players in the Global Water Pump Market.

Q. Which types of segment would emerge as an opportunity area for players in Global Water Pump Market?
A. Centrifugal water pump is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which region would emerge as an opportunity area for players in Global Water Pump Market?
A. Asia-Pacific continues to grow at the highest CAGR, presenting immense opportunities for market players of the Global Water Pump Market.