According to P&S Intelligence, the Asia-Pacific (APAC) domestic pump market generated the highest revenue in 2020, due to the presence of a vast population and exponential surge in the number of housing projects in the region.

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Global Domestic Pump
Market To Generate
Revenue Worth $3,832
Million in 2030

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The global domestic pump market revenue stood at $2,912.9 million in 2020,
and it is predicted to rise to $3,832.0 million by 2030. According to the
estimates of the market research company, P&S Intelligence, the market will
grow at a CAGR of 2.8% from 2021 to 2030 (forecast period). The surging
construction activities in the residential sector, increasing number of high-rise
buildings, where pumps are required for maintaining the water pressure till the
upper storeys, depletion of groundwater, and rapid urbanization are the major
factors fueling the growth of the market.
As per the Our World in Data, the global population will surge to 8.2 billion and
8.6 billion by 2025 and 2030, respectively. The surge in the worldwide
population would create burden on the existing water infrastructure, which
supplies drinking and utility water. In addition, a large number of people are
rapidly shifting from rural areas to cities and towns every year. As per the World
Bank, the share of the urban population in the global population surged from
55.2% to 56.1% from 2018 to 2020.
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Owing to the rising urbanization rate, many governments across the world are
focusing on improving the infrastructure, which would subsequently fuel the
demand for domestic pumps, thereby causing the expansion of the domestic
pump market. The rapid depletion of the groundwater level is another major
domestic pump market growth driver. As per the Population Action International,
nearly 2.8 billion people in as many as 48 countries are predicted to experience
water scarcity by 2025.
Furthermore, as per the United Nations, nearly 1.2 billion people or one-fifth of
the worldwide population are residing in areas with water scarcity, while 500
million more people are rapidly approaching this situation. Moreover, another
1.6 billion people are experiencing economic water shortage situations, where
they don’t have access to the proper infrastructure for obtaining potable and
clean water. Depending on type, the domestic pump market is divided into
submersible, self-priming, pressure booster, compressor, and centrifugal
categories. Out of these, the centrifugal category contributed the highest
revenue to the market in the past.
This category is predicted to demonstrate the highest growth rate in the market
in the coming years. This is ascribed to the large-scale usage, inexpensive
nature, and excellent pumping efficiency of these pumps. Globally, the Asia-
Pacific (APAC) region dominated the market in the past. This was because of the
presence of a large population and surging number of ongoing housing projects
for accommodating the soaring population in the region. Furthermore, the

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abundant availability of power for operating these pumps is also driving the
growth of the domestic pump market in the region.
Hence, it can be said without any hesitation that the sales of domestic pumps
will surge sharply in the coming years, mainly because of the rising requirement
for potable and drinking water, on account of the soaring urban population and
increasing construction and infrastructure development projects in several
countries.
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Domestic Pump Market Size Breakdown by Segments
Based on Type
• Centrifugal Pump
o By drive type
▪ Electric
• Submersible Pump
o By drive type
▪ Electric
o By type
▪ Submersible borewell pump
▪ Submersible open-well pump
• Compressor Pump
• Self-Priming Pump
• Pressure Booster Pump
Based on Application
• Groundwater Intake
• Wastewater
• Water Pressure Boosting
• Rainwater Harvesting
• Hot Water Recirculation
• Heating
Geographical Analysis
• North America
o U.S.
o Canada
• Europe

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o Germany
o France
o U.K.
o Italy
o Spain
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East and Africa
o Saudi Arabia
o South Africa

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