Water Pumps market size & insights
As per recent study by Markntel Advisors The Global Water Pump Market size was valued at around USD 47.40 billion in 2024 and is projected to reach USD 58.18 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.72% during the forecast period, i.e., 2025-30.
What are the key dros in the Water Pumps market?
Extensive Growth of the Oil & Gas Industries Augmenting the Demand for Water Pumps – The main sectors in the energy market and important players in the international economy, oil and natural gas, are the main suppliers of fuel worldwide. The International Labour Organisation estimates that the oil sector contributed 3% of GDP in 2020 and that crude oil commerce was worth USD 640 billion, making it one of the most traded commodities globally. For many industries, such as electricity generation, petrochemicals, transportation, etc., oil is an important energy source, which constantly raises demand for it. The continual rise in demand for oil as a critical energy source for a variety of industries, including power generation and transportation, has increased the demand for water pumps used in oil extraction and processing. Furthermore, the major participants in the oil and gas sectors have been presenting strategies to increase their production capacity by constructing new production bases or extending their existing oil manufacturing facilities. For instance,
· In 2023, Hindustan Petroleum Corp. (HPCL) announced plans to start a Barmer refinery and petrochemical project by 2024 in India to reduce petrochemical imports.
Further, the governments of countries such as Brazil, Guyana, etc., are also focusing on strengthening their energy security by planning to establish new oil & gas plants. Thus, the inception of new oil & gas industries to mitigate the reliance on other countries for oil & gas imports would further augment the size & volume of the Global Water Pump Market in the coming years.
What are the key segments in the Water Pumps market?
The Water Pumps is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
- By Type
- Centrifugal Pump–Market Size & Forecast 2020–2030F, USD Million
- Positive Displacement Pump – Market Size & Forecast 2020 – 2030F, USD Million
- By End User
- Oil & Gas - Market Size & Forecast 2020-2030F, USD Million
- Power Generation - Market Size & Forecast 2020-2030F, USD Million
- Residential – Market Size & Forecast 2020-2030F, USD Million
- Agriculture & Irrigation – Market Size & Forecast 2020-2030F, USD Million
- Commercial Building – Market Size & Forecast 2020-2030F, USD Million
- HVAC – Market Size & Forecast 2020-2030F, USD Million
- Chemicals – Market Size & Forecast 2020-2030F, USD Million
- Water & Wastewater – Market Size & Forecast 2020-2030F, USD Million
- Food & Beverage – Market Size & Forecast 2020-2030F, USD Million
- Others– Market Size & Forecast 2020-2030F, USD Million
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How does geographical analysis highlight in the Water Pumps market?
By Region
- Asia-Pacific
- North America
- South America
- Europe
- Middle East & Africa
Who are the key players in Water Pumps market?
- Flowserve Corporation
- Pentair PLC
- Sulzer Limited
- Kirloskar Brothers Limited (KBL)
- Grundfos
- Xylem Inc.
- KSB Group
- Wilo
- ITT Inc.
- Torishima Pump MFG. Co. LTD.
- Others
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Water Pump Industry Recent Development:
· 2023: WILO SE signed a MoU with the Ministry of Investment in Saudi Arabia to expand its presence in the Kingdom. As part of the agreement, the company aims to invest in an assembly facility that allows the company to assemble pumps & systems locally for the Saudi market, as well as grow its existing sales office into regional headquarters.
· 2023: KSB SE & Co. KGaA supplied wastewater pumps to the Bailonggang wastewater treatment plant in Shanghai, Asia's largest wastewater treatment plant. The company has supplied a total of 300 submersible pumps to the project to clean one-third of all the wastewater from a catchment area of over 270 km².
· 2023: Xylem Inc. acquired Evoqua Water Technologies, a leader in North American water treatment, by purchasing its all-stock value of USD 7.5 billion, aiming to tap into a growing global awareness of risks around water scarcity.
· 2023: Kirloskar Brothers Limited launched a new end suction pump, the DB xe, which offers world-class features to meet the global benchmark minimum efficiency index. Through this launch, the company aims to export the product into key international markets such as the UK, the USA, Africa, Southeast Asia, the Middle East, and countries in the Indian Subcontinent.
Key pillars of the research methodology include:
· Scope & research design – clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
· Sample selection & data collection – representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
· Data analysis & validation – rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
· Forecasting & finalization – predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.
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Why this markntel advisors research report:
- In-depth market analysis: understand trends and dynamics shaping growth.
- Segmented insights: target specific segments for focused strategies.
- Geographical performance: assess market opportunities by geographic area.
- Emerging technologies: discover advancements like ai integration.
- Risk identification: pinpoint challenges to inform strategic planning.
- Future forecasts: prepare for market changes with actionable projections.
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MarkNtel Advisors is a leading research and consulting organization offering data-driven insights across the environmental sector, including environmental services, waste management, and water treatment solutions. Our studies evaluate technological advancements, regulatory frameworks, and infrastructure innovations shaping the sustainability agenda. Through Competitive Intelligence, we support clients in benchmarking performance, identifying eco-efficient opportunities, and achieving operational excellence aligned with global environmental standards and climate objectives.
MarkNtel Advisors is a globally active Market Research Company delivering data-driven insights across the environmental sector, covering environmental services, waste management, and water treatment. Renowned for its high-quality Syndicated Research Reports and Customized Market Research Reports, the firm provides comprehensive intelligence at global, regional, and country levels. Our detailed Market Research combines regulatory analysis, technology assessment, and sustainability modeling to help organizations achieve environmental compliance and operational excellence. By leveraging Export and Import Data and quantitative Business Research, we uncover actionable insights that drive measurable Revenue Impact. Through our expert Consulting Services, we support governments, investors, and enterprises in adopting sustainable practices, mitigating ecological risks, and capturing green growth opportunities in the evolving global environmental landscape.
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