Global Water Pump Market Industry analysis and forecast to 2020. Water pumps are one of the most important mechanical devices with application in several industries and households. Growing urbanization and industrialization in the developing countries and increasing use of water pumps in industries is driving the demand of water pumps market globally. Based on end user applications, water pumps are categorized under four segments namely industrial water pump, municipal water pump, agricultural water pump, and domestic water pump.
2. Global Water Pump Market
Water pumps are one of the most important
mechanical devices with application in
several industries and households.
Growing urbanization and industrialization
in the developing countries and increasing
use of water pumps in industries is driving
the demand of water pumps market
globally. Based on end user applications,
water pumps are categorized under four
segments namely industrial water pump,
municipal water pump, agricultural water
3. Based on technology, the two categories of
water pump are centrifugal water pump
and positive displacement design.
Centrifugal water pumps are used widely
in buildings, wells, fire protection system
and hot water circulation in industries,
whereas positive displacement design
type water pumps are used in hydraulic
systems. Positive displacement design
pumps are further segmented as
reciprocating, metering, and rotary pumps.
Positive displacement design pumps are
4. Asia Pacific is the largest market for water pumps followed
by Europe and North America. Asia Pacific has the
highest growth rate in the water pumps market, mainly
due to surge in infrastructural developments in developing
countries such as India and China. On the basis of
product segments, centrifugal water pumps hold majority
of the market share and is expected to grow further with
steady rate owing to increasing demand from industries
such as oil and gas and municipalities. By end user
application, industrial water pumps had the largest market
share in 2013 in the water pumps market. Industrial water
pumps are also growing at a high rate due to increasing
industrialization in growing Asia Pacific countries where oil
and gas industry are the major end users of water pumps.
5. Global Water Pump Market
The global water pumps market is advancing towards
consolidation with a number of mergers and acquisitions
(M&A) taking place globally. The acquisition of Finder
Pompe SpA by Dover, acquisition of Alaska Pump &
Supply Inc. by DXP Enterprises and acquisition of PIMS
Group by Xylem, are some of the major acquisitions that
took place in 2013. Recently in 2014, Saudi Pump
Factory, the largest pump manufacturer in the gulf region
sold its 75% stake to Sulzer Ltd. These inorganic
expansions of companies are reducing the industry
rivalry in the water pump market.
6. Request For Complete Report
The global water pumps market is advancing towards
consolidation with a number of mergers and acquisitions
(M&A) taking place globally. The acquisition of Finder
Pompe SpA by Dover, acquisition of Alaska Pump &
Supply Inc. by DXP Enterprises and acquisition of PIMS
Group by Xylem, are some of the major acquisitions that
took place in 2013. Recently in 2014, Saudi Pump
Factory, the largest pump manufacturer in the gulf region
sold its 75% stake to Sulzer Ltd. These inorganic
expansions of companies are reducing the industry
rivalry in the water pump market.
7. Contact Us
Addie Thomes
305 Broadway,
7th Floor,
New York City, NY 10007,
United States.
Phone: +1-646-568-7751
USA/Canada Toll Free Number.
1-800-961-0353
E-mail: Sales@persistencemarketresearch.com