The latest report published by IMARC Group, titled “India Water Pumps Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on water pumps market report in India. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India water pumps market is expected to exhibit a CAGR of 5.55% during 2022-2027.
A water pump refers to a device that is used to circulate water. It pumps the water by mechanical action, typically converted from electrical into hydraulic energy. It operates with the help of manual operation, electricity, engines, or wind power. It is widely utilized in India for various applications, such as agriculture, building services, water and wastewater, energy, oil and gas, lift irrigation, and others.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The market is majorly driven by the increasing number of infrastructure development activities. In line with this, the construction of new residential and commercial buildings is significantly contributing to the market growth across the country. Furthermore, the rising agricultural activities and depleting groundwater levels are also catalyzing the demand for water pumps in India. Besides this, various government initiatives undertaken for strengthening and developing the existing and new water distribution projects and wastewater treatment plants are creating a positive outlook for the market.
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India Water Pumps Market Segmentation:
Our report has categorized the market based on region, type, pump type, pump capacity and application.
Breakup by Type:
- Centrifugal
- Positive Displacement
Breakup by Pump Type:
- Submersible Pumps
- Multistage Pumps
- End Suction Pumps
- Split Case Pumps
- Engineered Pumps
- Others
Breakup by Pump Capacity:
- Up to 3 HP
- 3-5 HP
- 5-10 HP
- 10-15 HP
- 15-20 HP
- 20-30 HP
- More Than 30 HP
Breakup by Application:
- Agriculture
- Building Services
- Water and Wastewater
- Power
- Oil and Gas
- Lift Irrigation
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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