Water Pumps: China Market Scenario, Trends, Opportunity, Growth and Forecast, 2020-2030

Market Definition

Water pump is a hydraulic machine used to raise, compress or transfer fluids. It is a mechanical device which imparts energy to a fluid and is primarily used for transportation of fluids. One of the most vital applications of water pump is in circulation of fluids. Water pumps find applications in almost all industries including residential and agriculture sectors. Centrifugal water pumps and positive displacement water pumps are the two major types of water pumps. Positive displacement pumps, often called as reciprocating pumps, use back and forth motion to pressurize fluids, while centrifugal pumps use centrifugal force to increase pressure and kinetic energy of the fluid.

Market Insights

China water pumps market witnessed a growth at a CAGR of 7.89%, in value terms, during 2023-2030 due to presence of large number of end user industries in the country. End user industries such as water & wastewater treatment, oil & gas, pulp & paper, food & beverage, chemical and mining are the leading demand generators for water pumps in the country. China governs the largest share in production and supply of water pumps across the globe. Despite of slow growing economy of China, water pumps industry of the country has continued to exhibit steady growth on account of rising water scarcity and growing urbanization.

Increasing pollution and rising demand exceeding supply of water has resulted in scarcity of water in China. Therefore, Government of China increased public sector investments in water infrastructure covering agricultural, natural environment, urban and industrial water use. The government also announced plans to increase number of wastewater treatment plants each year.

China purchases more pumps than any other nation, even if the replacement pump business is relatively small. China boosted its capacity for secondary wastewater treatment more than any other nation, including the US. As a result, China’s market for water pumps is experiencing tremendous growth.

The Chinese pump market is already indisputably massive. In terms of centrifugal pump unit shipments, China accounted for over 25% of the global market and over 60% of the Asia Pacific market in 2022.

Modernization and urbanisation are the key factors influencing the need for pumps in China. Along with the continuous expansion of rural regions, there will be a massive need for pumps used in the infrastructure for generating electricity, providing water to rising populations, and other essentials. The Chinese government is specifically focusing on expenditures in urban wastewater infrastructure, which is boosting demand for water pumps in the nation.

Market Dynamics: Drivers

Government Subsidy Programs

The Chinese pump market demonstrates the enormous potential for future expansion amid rapid urbanisation and infrastructure upgrading. A recent government subsidy programme that promotes and rewards the adoption of energy-efficient water pumps makes it seem like now is a wonderful moment for pump suppliers to concentrate on growing in the Chinese market. Pumps used in the water and wastewater treatment and power production industries are anticipated to be in high demand.

Market Segmentation

• Based on Type, the China Water Pumps market is segmented into
  • Centrifugal Water Pumps
    • Vertical Inline Pumps
    • Horizontal End Suction Pumps
    • Single/Two Stage Split Case Pumps
    • Multistage Split Case Pumps
    • Solid Handling Vertical Turbine Pumps
    • Non-Solid Handling Vertical Turbine Pumps
    • Axial Vertical Turbine Pumps
    • Mixed Flow Vertical Turbine Pumps
    • Solid Handling Submersible Pumps
    • Non-Solid Handling Submersible Pumps
  • Positive Displacement Pumps
    • Diaphragm Pumps
    • Piston Pumps
    • Gear Pumps
    • Lobe Pumps
    • Progressive Cavity Pumps
    • Screw Pumps
    • Vane Pumps
    • Peristaltic Pumps
• Based on Application, the China Water Pumps market is segmented into
  • Oil & Gas
  • Power Generation
  • Residential
  • Agriculture & Irrigation
  • Commercial Building
  • HVAC
  • Fire
  • Chemicals
  • Water & Wastewater
  • Food & Beverage
  • Others
• Based on Geography, the China Water Pumps market is segmented into
  • East China
  • Northwest China
  • North and Northeast China
  • Southwest China
  • South Central China

• All market revenue has been given in US Dollar, while the market volumes are given in units.

Historical Year: 2020-2021
Base Year: 2022
Estimated: 2023
Forecast- 2024-2030

Key Questions this Study will Answer

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