PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500737
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1500737
India Water Pumps Market, By Pump Type; By Type; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Water Pumps Market Size Booming at Significant CAGR of almost 5% to Reach Value of USD 2.23 Billion by 2030
India Water Pumps Market is flourishing due to the growing demand for pumps for irrigation, the government's supportive initiatives, and an increasingly high focus on promoting cheaper renewable energy for water pumps.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Water Pumps Market size by value at USD 1.56 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Water Pumps Market size to expand at a CAGR of 4.99% reaching a value of USD 2.23 billion by 2030. The Water Pumps Market in India is propelled by the increasing investments in agricultural infrastructure and growing demand for various irrigation methods such as drip, sprinkler, and hose pipe systems. The Government of India's initiatives to enhance farmer incomes and agricultural activities further propel market growth, along with the growing reliance on groundwater for agriculture. Also, the expansion of sewage treatment plants (STPs) across India, which utilize municipal wastewater pumps for transporting sewage, sludge, stormwater, and treated wastewater, contributes significantly to market demand. The focus on developing desalination plants in response to water shortages in various states also drives the market. Notably, the use of water pumps at construction sites to manage excess water from rain or high-water tables, coupled with the burgeoning construction sector, accelerates market growth. Rapid industrialization and the increasing need for safe drinking water are anticipated to further fuel the market's expansion.
Opportunity - Increasing adoption of advancements in technology
Technological advancements in water pumps are significantly enhancing efficiency and sustainability in the India water pumps market. Modern pumps are now designed with precision engineering and advanced materials, reducing energy consumption and improving performance. The integration of smart technologies, such as sensors and data analytics, optimizes pump operations and extends their lifespan. Additionally, renewable energy sources like solar and wind power are increasingly being used to drive water pumps, further promoting sustainability. These innovations not only reduce the dependency on diesel and fossil fuels but also support global environmental efforts. As a result, the water pumps market in India is witnessing substantial growth and contributing to sustainable agricultural and industrial practices.
Impact of Escalating Geopolitical Tensions on India Water Pumps Market
Geopolitical tensions can have a multifaceted impact on the India Water Pumps Market by disrupting supply chains and increasing raw material costs. Trade restrictions and tariffs can hinder the import of essential components, leading to production delays and higher prices for end consumers. Additionally, uncertainty in global markets can result in reduced foreign investments and technological collaborations, slowing down innovation and expansion efforts. These factors contribute to market instability, making it challenging for manufacturers to maintain consistent output and competitiveness. Consequently, geopolitical tensions pose significant risks to the growth and sustainability of the India water pumps market.
India Water Pumps Market
Segmental Coverage
India Water Pumps Market - By Pump Type
By pump type, the India Water Pumps Market is divided into Surface Suction Pumps, Submersible Pumps, and Floating Pumps segments. The submersible pumps segment holds the highest share in the India Water Pumps Market by pump type. Also referred to as bell pumps, these pumps are fully immersed in the water they pump, making them ideal for various applications, from flood situations to wastewater management. They come in different models tailored to handle specific water conditions, such as clean water, sewage, or heavy-duty tasks. Submersible pumps offer advantages like increased efficiency and self-priming capabilities, making them preferred choices for pump stations and irrigation in agriculture. With rising investments in the India Submersible Water Pumps Market, fueled by the crucial role of agriculture in the country's economy, this segment is poised for further growth.
Competitive Landscape
The India Water Pumps Market is fragmented, with numerous players serving the market. The key players dominating the India Water Pumps Market include Havells, C.R.I. Pumps Private Limited, Crompton Greaves Consumer Electricals Limited, Kirloskar, Sulzer Pumps India Private Ltd, Shakti Pumps, Oswal Pumps, Flowserve, KSB, and WPIL Limited. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Water Pumps Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Water Pumps Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Water Pumps Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing Demand for Irrigation
- 3.2.1.2. Increasing Government Initiatives
- 3.2.1.3. Rising Focus on Renewable Energy
- 3.2.2. Restraints
- 3.2.2.1. High Initial Cost
- 3.2.2.2. Limited Awareness
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Advancements in Technology
- 3.2.3.2. Rising Focus on Precision Agriculture
- 3.2.3.3. Decentralized Water Management
- 3.2.4. Challenges
- 3.2.4.1. Subsidy Dependence
- 3.2.4.2. After-sales Service
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Water Pumps Market: Pricing Analysis
5. India Water Pumps Market: Marketing Strategies
6. India Water Pumps Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
- 6.2. Market Share & Forecast
- 6.2.1. By Pump Type
- 6.2.1.1. Surface Suction Pumps
- 6.2.1.2. Submersible Pumps
- 6.2.1.3. Floating Pumps
- 6.2.2. By Type
- 6.2.2.1. Centrifugal
- 6.2.2.2. Positive Displacement
- 6.2.3. By End User
- 6.2.3.1. Agriculture
- 6.2.3.2. Domestic Water Supply
- 6.2.3.3. Industrial Applications
- 6.2.4. By Region
- 6.2.4.1. North India
- 6.2.4.2. South India
- 6.2.4.3. East India
- 6.2.4.4. West India
- 6.2.1. By Pump Type
7. North India Water Pumps Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
- 7.2. Market Share & Forecast
- 7.2.1. By Pump Type
- 7.2.2. By Type
- 7.2.3. By End User
8. South India Water Pumps Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
- 8.2. Market Share & Forecast
- 8.2.1. By Pump Type
- 8.2.2. By Type
- 8.2.3. By End User
9. East India Water Pumps Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
- 9.2. Market Share & Forecast
- 9.2.1. By Pump Type
- 9.2.2. By Type
- 9.2.3. By End User
10. West India Water Pumps Market
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
- 10.2. Market Share & Forecast
- 10.2.1. By Pump Type
- 10.2.2. By Type
- 10.2.3. By End User
11. Competitive Landscape
- 11.1. List of Key Players and Their Offerings
- 11.2. India Water Pumps Company Market Share Analysis, 2023
- 11.3. Competitive Benchmarking, By Operation Channel Parameters
- 11.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
12. Impact of Escalating Geopolitical Tensions on India Water Pumps Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 13.1. Havells
- 13.2. C.R.I. Pumps Private Limited
- 13.3. Crompton Greaves Consumer Electricals Limited
- 13.4. Kirloskar
- 13.5. Sulzer Pumps India Private Ltd
- 13.6. Shakti Pumps
- 13.7. Oswal Pumps
- 13.8. Flowserve
- 13.9. KSB
- 13.10. WPIL Limited
- 13.11. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
- 15.1. Qualitative Research
- 15.1.1. Primary & Secondary Research
- 15.2. Quantitative Research
- 15.3. Market Breakdown & Data Triangulation
- 15.3.1. Secondary Research
- 15.3.2. Primary Research
- 15.4. Breakdown of Primary Research Respondents, By Region
- 15.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Water Pumps Market Segmentation
- Figure 2 India Water Pumps Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Figure 5 India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Figure 6 India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 7 India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Figure 8 India Water Pumps Market Share, By Region, By Value (USD Billion) 2019-2030
- Figure 9 North India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Figure 10 North India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Figure 11 North India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 12 North India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Figure 13 South India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Figure 14 South India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Figure 15 South India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 16 South India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Figure 17 East India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Figure 18 East India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Figure 19 East India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 20 East India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Figure 21 West India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Figure 22 West India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Figure 23 West India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Figure 24 West India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
List of Tables
- Table 1 India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Table 2 India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Table 3 India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 4 India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Table 5 India Water Pumps Market Share, By Region, By Value (USD Billion) 2019-2030
- Table 6 North India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Table 7 North India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Table 8 North India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 9 North India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Table 10 South India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Table 11 South India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Table 12 South India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 13 South India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Table 14 East India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Table 15 East India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Table 16 East India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 17 East India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Table 18 West India Water Pumps Market Size, By Value (USD Billion), 2019-2030
- Table 19 West India Water Pumps Market Share, By Pump Type, By Value (USD Billion) 2019-2030
- Table 20 West India Water Pumps Market Share, By Type, By Value (USD Billion) 2019-2030
- Table 21 West India Water Pumps Market Share, By End User, By Value (USD Billion) 2019-2030
- Table 22 Havells Company Overview
- Table 23 Havells Financial Overview
- Table 24 C.R.I. Pumps Private Limited Company Overview
- Table 25 C.R.I. Pumps Private Limited Financial Overview
- Table 26 Crompton Greaves Consumer Electricals Limited Company Overview
- Table 27 Crompton Greaves Consumer Electricals Limited Financial Overview
- Table 28 Kirloskar Company Overview
- Table 29 Kirloskar Financial Overview
- Table 30 Sulzer Pumps India Private Ltd Company Overview
- Table 31 Sulzer Pumps India Private Ltd Financial Overview
- Table 32 Shakti Pumps Company Overview
- Table 33 Shakti Pumps Financial Overview
- Table 34 Oswal Pumps Company Overview
- Table 35 Oswal Pumps Financial Overview
- Table 36 Flowserve Company Overview
- Table 37 Flowserve Financial Overview
- Table 38 KSB Company Overview
- Table 39 KSB Financial Overview
- Table 40 WPIL Limited Company Overview
- Table 41 WPIL Limited Financial Overview
