Global Water Pumps Market Research Report: Forecast (2021-2026)

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Global Water Pumps Market Research Report
Forecast (2021-2026)
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Market Insights

• Water pumps are water controlling equipment that
  use evaporation or pumping to move water from one
  area to another. According to MarkNtel Advisors'
  research report, "Global Water Pump Market
  Analysis, 2021," the market is likely to grow at
  a CAGR of around 5.9 during 2021-26. The factors
  surging the market growth include increasing
  demand for solar energy-efficient water pumps
  across different end-users, such as oil gas,
  agriculture, construction service sectors,
  innovative product launches by market leaders,
  and the rising need for water pumps in
  pharmaceutical companies. Additionally,
  snowballing investments by countries in the
  wastewater treatment plant further fuel the
  demand for water pumps.
• Further, the market growth imputes the
  development of new commercial spaces, water
  wastewater projects, and industrial sector
  globally. The stringent government regulations
  across Asia-Pacific, and Europe, etc. growing
  emphasis on sustainable water management are
  driving investments in water and wastewater
  treatment facilities, boosting the demand for
  pumps.

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Rising Usage of the Solar Water Pumps in
Agricultural Sector Market Driver
Agriculture is crucial to economic growth the
share of agriculture in the global Gross Domestic
Product (GDP) per the Food and Agriculture
Organizations, the US World Bank has been
around 4 and in some least developing countries,
it might account for more than 25 of GDP. The
agricultural industry heavily relies on the
monsoon for natural irrigation, therefor pumps
serve as artificial methods to supply water for
irrigation. Due to the reliance on grid
electricity or diesel generators to operate
pumps, farmers experience significant delays and
economic burdens. Therefore, the advent of
efficient irrigation systems like solar water
pumps is a tremendous advantage to farmers since
they provide a consistent and uninterrupted water
supply to the fields.
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Market Segmentation of the Industry

• 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, South America,
  Europe, Asia-Pacific, Middle East and Africa), By
  Country (U.S, Canada, Mexico, Brazil, Argentina,
  Chile, Peru Italy, Spain, Germany, France, The
  U.K, China, South Korea, Japan, India, South East
  Asia, UAE, Saudi Arabia, South Africa, Qatar)

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Competitive Benchmarking
Flowserve Corporation, Pentair PLC, Sulzer
Limited, Kirloskar Brothers Limited (KBL),
Grundfos, Xylem Inc, KSB Group, Wilo, ITT Inc.,
Torishima Pump MFG. Co. LTD., etc.
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an extensive range of strategic reports on
diverse industry verticals. We deliver data to a
substantial varied client base, including
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institutions, governments, individuals, among
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