New Market Research Reports Title “Global Water Pump Market Is Expected To Grow at CAGR of 5.6% in 2020: Acute Market Reports” Has Been Added to AcuteMarketReports.com Report Database.The global water pump market was valued at $40,452.9 million in 2014 and it is expected to grow at a CAGR of 5.6% during the period 2015 – 2020. The rapid growth of the urban population is creating pressure on the existing water infrastructure, which includes delivery of utility water and removal and treatment of wastewater. To overcome this situation, various governments in Asia and Africa are expected to increase their spending on irrigation and drinking water schemes. In 2011, in its Twelfth Five Year Plan, the Chinese government allocated $112 billion for upgrades to water treatment and piping systems. Moreover, over the last few years, the use of water pumps has increased in urban households. The lifestyle of the urban population is fast-paced and modern as compared to that of the rural population. Majority of manufacturers are offering variety of water pumps to meet the growing demand from households.
Some of the drivers behind the growing demand of global water pumps include growing construction industry and rising disposable income, growing water scarcity, rapid industrialization in developing economies, and rising level of urbanization. Growing threat from unorganized players in Asia-Pacific is one of the major restraints for water pump market.
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On the basis of technology, the water pump market can be segmented into centrifugal and positive displacement pumps. The various positive displacement pumps include rotary pump, reciprocating pump, and others. A centrifugal pump refers to a rotodynamic pump that uses a rotating impeller to increase the pressure and flow rate of a fluid. Centrifugal pumps are most commonly used to move a fluid through a piping system. These pumps consist of two basic components – rotary element or impeller and stationary element or casing. On the other hand, positive displacement pumps function by forcing a fixed volume of liquid from the inlet pressure section of the pump into the discharge zone. In positive displacement pumps, efficiency increases with increase in viscosity. By technology, the centrifugal water pump segment held larger share, compared to positive displacement water pump, in the global water pump market in 2014, and it is expected to grow at a CAGR of 4.8% during the forecast period of 2015-2020. Based on end-user, the municipal water and wastewater industry held the largest share of the global water pump market in 2014.
By geography, the Asia-Pacific water pump market is expected to witness the fastest growth (6.5% CAGR) during 2015 – 2020. This is mainly due to the rising urban population and industrialization in the emerging markets of China and India. The developing economies, such as India and China, are witnessing rapid industrialization and China is the world’s largest industrial producer. According to data published by the United Nations, China’s total industrial production was only 62% of that of the U.S. in 2007, which increased to 120% by 2011. According to the Central Intelligence Agency’s (CIA) World Factbook, in 2012, China’s industrial production was valued at $3.7 trillion compared to $2.9 trillion for the U.S. While in Europe, the growing construction of residential and non-residential buildings is driving the demand for water pump.
The key companies operating in the global water pump market include Flowserve Corporation, Ebara Corporation, Sulzer Ltd., Grundfos Holding A/S, Kirloskar Brothers Limited, KSB Aktiengesellschaft, Gardner Denver, Inc., ITT Corporation, Torishima Pump Mfg. Co., and The Weir Group PLC.
Report Coverage
• Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
• Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
• Uncovers potential demands in the market
• Porter analysis identifies competitive forces within the market
• Provides information on the historical and current market size and the future potential of the market
• Provides sizes of key regional markets using yardsticks of segments, applications, and segments of applications
• Highlights the competitive scenario of the market, major competitors, and benchmarking
• Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics.
• Profiles provide better understanding of competition as well as the demands of the market.
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Scope of Report
The research offers water pump market size and market forecast for the period 2011 to 2020. The market is breakdown as follows:
GLOBAL WATER PUMP MARKET
By Technology – Centrifugal water pump and positive displacement water pump
By End-User – Municipal water and wastewater, chemical, oil and gas, and energy
By Region – North America, Europe, Asia-Pacific and Rest of the World
GLOBAL WATER PUMPMARKET BREAKDOWN BY TECHNOLOGY
Global centrifugal water pump market
By region
Global positive displacement water pump market
By type – Rotary and Reciprocating
By region
GLOBAL WATER PUMPMARKET BREAKDOWN BY GEOGRAPHY
North America Water Pump Market
North America water pump market breakdown by technology
Positive displacement water pump market by type – Rotary and Reciprocating
North America water pump market breakdown by end-user
North America water pump market breakdown by country – The U.S., Canada, and Rest of North America
The U.S. water pump market breakdown by technology
The U.S. positive displacement water pump market breakdown by type – Rotary and Reciprocating
The U.S. water pump market breakdown by end-user
Canada water pump market breakdown by technology
Canada positive displacement water pump market breakdown by type – Rotary and Reciprocating
Canada water pump market breakdown by end-user
Europe Water Pump Market Breakdown
Europe water pump market breakdown by technology
Positive displacement water pump market by type – Rotary and Reciprocating
Europe water pump market breakdown by end-user
Europe water pump market breakdown by country – Western Europe and Eastern Europe
Western Europe water pump market breakdown by technology
Western Europe positive displacement water pump market breakdown by type – Rotary and Reciprocating
Western Europe water pump market breakdown by end-user
Eastern Europe water pump market breakdown by technology
Eastern Europe positive displacement water pump market breakdown by type – Rotary and Reciprocating
Eastern Europe water pump market breakdown by end-user
Asia-Pacific Water Pump Market
Asia-Pacific water pump market breakdown by technology
Positive displacement water pump market by type – Rotary and Reciprocating
Asia-Pacific water pump market breakdown by end-user
Asia-Pacific water pump market breakdown by country
China water pump market breakdown by technology
China positive displacement water pump market breakdown by type – Rotary and Reciprocating
China water pump market breakdown by end-user
India water pump market breakdown by technology
India positive displacement water pump market breakdown by type – Rotary and Reciprocating
India water pump market breakdown by end-user
Rest of the World Water Pump Market
Rest of the World (ROW) water pump market breakdown by technology
Positive displacement water pump market by type – Rotary and Reciprocating
Rest of the World water pump market breakdown by end-user
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