Water Pumps: India 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

India water pumps market is set to grow at a robust pace owing to elevating demand for water, amidst proliferating population and rapid urbanization. Moreover, Government of India is spending heavily on wastewater and sewage treatment plants to treat and recycle the wastewater and offering subsidies and funds to farmers for installation of solar water pumps as an ecological and energy-efficient substitute of traditional water pumps. Consequently, India water pumps market is anticipated to witness robust growth over the coming years.

Centrifugal pumps are widely used in various end use industries due to their low maintenance cost and small size. Owing to their ability to perform in low viscosity and hazardous liquid samples, centrifugal pumps are in high demand across sewage and wastewater industry. To meet water demand, municipalities in various states of India are setting up an increasing number of wastewater treatment plants, which would boost the market share of centrifugal pumps in India water pumps market by 2030.

Over the last five years, rural electrification across India has boosted demand for agriculture water pumps. Furthermore, the tendency of converting waste land to agricultural land coupled with fluctuations in ground water levels has led to an increasing demand for irrigation pumps in India. As a result, agriculture application garnered significant share in India water pumps market in 2022.

Market Dynamics: Drivers

Upcoming Desalination Plants

India is a water stressed country, characterized by low per capita availability of fresh water. Moreover, with increasing contamination level in different water sources, availability of fresh water for process applications, primarily in water intensive industries, is shrinking rapidly. Consequently, the government and industry players are readily adopting desalination technology, which holds the potential to provide a sustainable and economical alternative to conventional water treatment technologies, thereby fostering the sales of water pumps in the country.

Adoption of Solar Water Pumps

Solar pumps are eco-friendly and energy efficient, and to increase their penetration the government of India has released funds to various agencies for installing solar water pumps along with installation guidelines. For instance, the government is aiming to offer financial aid in the wake of solar-power pump scheme, under budget. This trend is expected to continue over the coming years as well owing to surging demand for sustainable and energy efficient pumps.

Market Segmentation

• Based on Type, the India 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 India 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 India Water Pumps market is segmented into
  • East India
  • West India
  • North India
  • South India

• 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 India 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 India Water Pumps Market?
• Who are the key competitors, what are their key strength and weakness and how they perform in India Water Pumps Market based on competitive benchmarking matrix?
• What are the key results derived from the market surveys conducted during India Water Pumps Market study?