North and Latin America Water Pumps Market by Product Type, End-Use, and Country-wise Insights: Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released an in-depth report on the North and Latin America Water Pumps Market. This report offers a comprehensive analysis of key market dynamics, including drivers, trends, opportunities, and challenges, providing valuable insights into the market's structure. The research publication delivers exclusive data and projections, outlining the anticipated growth trajectory of the water pumps market across North and Latin America from 2024 to 2031.

Key Insights:

Market Size (2024E): USD 12.7 Bn
Projected Market Value (2031F): USD 16.9 Bn
Market Growth Rate (CAGR 2024 to 2031): 4.2%

Water Pumps Market - Report Scope:

The water pumps market in North and Latin America includes a variety of pump types, such as centrifugal, submersible, and positive displacement pumps, each tailored to specific applications across residential, commercial, and industrial sectors. With applications in water management, irrigation, wastewater treatment, and industrial processes, water pumps are essential for efficient water distribution and management systems. Market growth is driven by increasing urbanization, agricultural expansion, and ongoing investments in infrastructure and water conservation projects.

Market Growth Drivers:

The North and Latin America water pumps market is primarily driven by factors such as the rise in urban populations, increased agricultural activities, and heightened investment in water infrastructure projects. As demand for efficient water management solutions grows, so does the need for reliable water pumping systems. Additionally, the increasing incidence of water scarcity issues across regions fuels the adoption of water pumps in agricultural and industrial sectors. Technological advancements, such as the development of energy-efficient and solar-powered pumps, further stimulate market growth by meeting the demand for sustainable solutions.

Market Restraints:

Despite growth potential, the water pumps market faces challenges, including high initial installation costs and fluctuating raw material prices, which can impact the overall cost of pumps. Limited access to reliable power sources in certain remote areas may also restrict the adoption of traditional electric pumps, while the need for regular maintenance can deter smaller-scale users.

Market Opportunities:

Significant growth opportunities are expected in the North and Latin America water pumps market due to rising environmental awareness and the increasing adoption of sustainable water management practices. The growing demand for solar-powered and hybrid water pumps is an area of focus for manufacturers aiming to meet rural and off-grid requirements. Additionally, rapid industrialization and urbanization in developing regions in Latin America create favorable conditions for expansion, particularly in wastewater treatment and agricultural irrigation. Strategic partnerships, investment in R&D, and product diversification are critical for market players looking to capture emerging opportunities.

Key Questions Answered in the Report:

What are the key drivers behind the growth of the water pumps market in North and Latin America?
Which sectors are driving the adoption of water pumps across the region?
How are technological advancements influencing the water pumps market landscape?
Who are the leading players in the water pumps market, and what strategies do they employ to maintain a competitive advantage?
What are the key trends and future prospects in the North and Latin America water pumps market?

Competitive Intelligence and Business Strategy:

Leading companies in the North and Latin America water pumps market, including Xylem Inc., Grundfos, and Flowserve Corporation, focus on innovation, strategic partnerships, and expansion into emerging markets to strengthen their positions. These players are investing in R&D to develop energy-efficient and sustainable pumping solutions to cater to the unique requirements of agricultural, residential, and industrial applications. Collaborative initiatives with governmental bodies and local entities enhance market penetration and encourage the adoption of advanced technologies. Emphasis on customer education and after-sales support reinforces market growth and builds long-term customer relationships in the evolving water pumps landscape.

Key Companies Profiled:

KSB AG
Flowserve Corporation
Sulzer AG
Ebara Corporation
GRUNDFOS
The Weir Group PLC
Wilo SE
Xylem Inc.
Kirloskar Brothers Limited
Ruhrpumpen Group

Market segmentation

By Product Type

Centrifugal Pumps
Positive Displacement Pumps

By Application

Centrifugal Pumps
Positive Displacement Pumps
Oil & Gas
Chemical
Water & Wastewater
Power
Pulp & Paper

By Countries

North America
U.S
Canada
Latin America
Argentina
Brazil
Mexico
Rest of Latin America

By Type

Small
Medium
High

Product Code: PMRREP13618

1. Executive Summary

2. Market Introduction

2.1. Market Definition
2.2. Market Taxonomy

3. North & Latin America Water Pumps Market Analysis Scenario

3.1. Pricing Analysis
- 3.1.1. Pricing Assumptions
- 3.1.2. Price Projections Per Region
3.2. Market Size (US$ Bn) and Forecast
- 3.2.1. Market Size and Y-o-Y Growth
- 3.2.2. Absolute $ Opportunity
3.3. Market Overview
- 3.3.1. Value Chain
- 3.3.2. List of Active Participants
  - 3.3.2.1. Manufacturers
  - 3.3.2.2. Distributors / Retailers
  - 3.3.2.3. MRO Service Providers

4. Market Dynamics

4.1. Drivers
- 4.1.1. Supply Side
- 4.1.2. Demand Side
4.2. Restraints
4.3. Opportunity
4.4. Forecast Factors - Relevance and Impact

5. North & Latin America Water Pumps Market Analysis and Forecast, By Product Type

5.1. Introduction
- 5.1.1. Basis Point Share (BPS) Analysis By Product Type
- 5.1.2. Y-o-Y Growth Projections By Product Type
- 5.1.3. Absolute $ Opportunity by Product Type
5.2. Market Size (US$ Bn) and Volume (Units) Forecast By Product Type
- 5.2.1. Centrifugal Pump ( Each sub-segment to be identified by three operating capacities: Small, Medium and High )
  - 5.2.1.1. Single Stage
  - 5.2.1.2. Multi Stage
  - 5.2.1.3. Axial & Mixed Flow
  - 5.2.1.4. Submersible
  - 5.2.1.5. Circulator
- 5.2.2. Positive Displacement Pump ( Each sub-segment to be identified by three operating capacities: Small, Medium and High )
  - 5.2.2.1. Reciprocating (Piston, Diaphragm)
  - 5.2.2.2. Rotary
5.3. Market Attractiveness Analysis By Product Type
5.4. Prominent Trends

6. North & Latin America Water Pumps Market Analysis and Forecast, By Application: Centrifugal Pump

6.1. Introduction
- 6.1.1. Basis Point Share (BPS) Analysis By Application Centrifugal Pump
- 6.1.2. Y-o-Y Growth Projections By Application Centrifugal Pump
- 6.1.3. Absolute $ Opportunity
6.2. Market Size (US$ Bn) and Volume (Units) Forecast By Application Centrifugal Pump
- 6.2.1. Domestic
- 6.2.2. Agriculture & Irrigation
- 6.2.3. Mining
- 6.2.4. Water Treatment
  - 6.2.4.1. Industrial Process
  - 6.2.4.2. Commercial (Municipalities & Commercial Facilities)
- 6.2.5. Wastewater Treatment
  - 6.2.5.1. Effluent Treatment
  - 6.2.5.2. Sewage Treatment
- 6.2.6. Oil & Gas
- 6.2.7. Other Industrial
6.3. Market Attractiveness Analysis By Application Centrifugal Pump
6.4. Prominent Trends

7. North & Latin America Water Pumps Market Analysis and Forecast, By Application: Positive Displacement Pump

7.1. Introduction
- 7.1.1. Basis Point Share (BPS) Analysis By Application Positive Displacement Pump
- 7.1.2. Y-o-Y Growth Projections By Application Positive Displacement Pump
- 7.1.3. Absolute $ Opportunity
7.2. Market Size (US$ Bn) and Volume (Units) Forecast By Application Positive Displacement Pump
- 7.2.1. Oil & Gas
- 7.2.2. Chemical Industries
- 7.2.3. Water and Waste Water
- 7.2.4. Pulp and Paper
- 7.2.5. Power Industries
- 7.2.6. Other Industrial
7.3. Market Attractiveness Analysis By Application Positive Displacement Pump
7.4. Prominent Trends

8. North & Latin America Water Pumps Market Analysis and Forecast, By Region

8.1. Introduction
- 8.1.1. Basis Point Share (BPS) Analysis By Region
- 8.1.2. Y-o-Y Growth Projections By Region
- 8.1.3. Absolute $ Opportunity
8.2. Market Size (US$ Bn) and Volume (Units) Forecast By Region
- 8.2.1. North America
- 8.2.2. Latin America
8.3. Market Attractiveness Analysis By Region
8.4. Regional Trends

9. North America Water Pumps Market Analysis and Forecast

9.1. Introduction
- 9.1.1. Basis Point Share (BPS) Analysis By Country
- 9.1.2. Y-o-Y Growth Projections By Country
- 9.1.3. Absolute $ Opportunity
9.2. Market Size (US$ Bn) and Volume (Units) Forecast By Country
- 9.2.1. U.S.
- 9.2.2. Canada
9.3. Market Size (US$ Bn) and Volume (Units) Forecast By Product Type
- 9.3.1. Centrifugal Pump ( Each sub-segment to be identified by three operating capacities: Small, Medium and High )
  - 9.3.1.1. Single Stage
  - 9.3.1.2. Multi Stage
  - 9.3.1.3. Axial & Mixed Flow
  - 9.3.1.4. Submersible
  - 9.3.1.5. Circulator
- 9.3.2. Positive Displacement Pump ( Each sub-segment to be identified by three operating capacities: Small, Medium and High )
  - 9.3.2.1. Reciprocating (Piston, Diaphragm)
  - 9.3.2.2. Rotary
9.4. Market Size (US$ Bn) and Volume (Units) Forecast By Application Centrifugal Pump
- 9.4.1. Domestic
- 9.4.2. Agriculture & Irrigation
- 9.4.3. Mining
- 9.4.4. Water Treatment
  - 9.4.4.1. Industrial Process
  - 9.4.4.2. Commercial (Municipalities & Commercial Facilities)
- 9.4.5. Wastewater Treatment
  - 9.4.5.1. Effluent Treatment
  - 9.4.5.2. Sewage Treatment
- 9.4.6. Oil & Gas
- 9.4.7. Other Industrial
9.5. Market Size (US$ Bn) and Volume (Units) Forecast By Application Positive Displacement Pump
- 9.5.1. Oil & Gas
- 9.5.2. Chemical Industries
- 9.5.3. Water and Waste Water
- 9.5.4. Pulp and Paper
- 9.5.5. Power Industries
- 9.5.6. Other Industrial
9.6. Market Attractiveness Analysis
- 9.6.1. By Country
- 9.6.2. By Product Type
- 9.6.3. By Application: Centrifugal Pump & Positive Displacement Pump
9.7. Drivers & Restraints: Impact Analysis

10. Latin America Water Pumps Market Analysis and Forecast

10.1. Introduction
- 10.1.1. Basis Point Share (BPS) Analysis By Country
- 10.1.2. Y-o-Y Growth Projections By Country
- 10.1.3. Absolute $ Opportunity
10.2. Market Size (US$ Bn) and Volume (Units) Forecast By Country
- 10.2.1. Argentina
- 10.2.2. Brazil
- 10.2.3. Mexico
- 10.2.4. Rest of Latin America
10.3. Market Size (US$ Bn) and Volume (Units) Forecast By Product Type
- 10.3.1. Centrifugal Pump ( Each sub-segment to be identified by three operating capacities: Small, Medium and High )
  - 10.3.1.1. Single Stage
  - 10.3.1.2. Multi Stage
  - 10.3.1.3. Axial & Mixed Flow
  - 10.3.1.4. Submersible
  - 10.3.1.5. Circulator
- 10.3.2. Positive Displacement Pump ( Each sub-segment to be identified by three operating capacities: Small, Medium and High )
  - 10.3.2.1. Reciprocating (Piston, Diaphragm)
  - 10.3.2.2. Rotary
10.4. Market Size (US$ Bn) and Volume (Units) Forecast By Application Centrifugal Pump
- 10.4.1. Domestic
- 10.4.2. Agriculture & Irrigation
- 10.4.3. Mining
- 10.4.4. Water Treatment
  - 10.4.4.1. Industrial Process
  - 10.4.4.2. Commercial (Municipalities & Commercial Facilities)
- 10.4.5. Wastewater Treatment
  - 10.4.5.1. Effluent Treatment
  - 10.4.5.2. Sewage Treatment
- 10.4.6. Oil & Gas
- 10.4.7. Other Industrial
10.5. Market Size (US$ Bn) and Volume (Units) Forecast By Application Positive Displacement Pump
- 10.5.1. Oil & Gas
- 10.5.2. Chemical Industries
- 10.5.3. Water and Waste Water
- 10.5.4. Pulp and Paper
- 10.5.5. Power Industries
- 10.5.6. Other Industrial
10.6. Market Attractiveness Analysis
- 10.6.1. By Country
- 10.6.2. By Product Type
- 10.6.3. By Application: Centrifugal Pump & Positive Displacement Pump
10.7. Drivers & Restraints: Impact Analysis

11. Competition Landscape

11.1. Competition Dashboard
11.2. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments, Market Share Analysis)
11.3. Major Players
- 11.3.1. KSB AG
- 11.3.2. Flowserve Corporation
- 11.3.3. Sulzer AG
- 11.3.4. Ebara Corporation
- 11.3.5. GRUNDFOS
- 11.3.6. The Weir Group PLC
- 11.3.7. Wilo SE
- 11.3.8. Xylem Inc.
- 11.3.9. Kirloskar Brothers Limited
- 11.3.10. Ruhrpumpen Group