PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1423595
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1423595
Portable Electric Water Pump Market Forecasts to 2030 - Global Analysis By Product Type (Non-Submersible Pumps, Submersible Pumps, Electric Well Pumps, Specialty Water Pumps and Other Product Types), End User and By Geography
According to Stratistics MRC, the Global Portable Electric Water Pump Market is growing at a CAGR of 6.2% during the forecast period. An electric water pump that is portable is a useful and easy-to-use tool for transporting water from one place to another. These pumps are available in varied sizes, capacities, and designs to meet the demands of diverse water transfer applications in commercial, industrial, residential, and agricultural contexts. These pumps are intended to be as user-friendly as possible; they frequently have straightforward controls and little upkeep needs.
Market Dynamics:
Driver:
Increasing demand across multiple sectors
The need for portable electric water pumps is rather diversified and can be found in the residential, commercial, industrial, agricultural, and municipal sectors. This means that producers may expand their product offerings to meet different demands. Manufacturers broaden their product range in response to the differing uses across industries. In order to satisfy the unique needs of every industry, they create pumps with a variety of capacities, features, and specifications. This gives customers more options and propels the market's expansion.
Restraint:
High cost
The high initial purchase cost of portable electric water pumps can make them unaffordable for certain segments of the market, particularly in regions with lower income levels or limited financial resources. This can lead to reduced demand for portable electric water pumps, especially when cheaper alternatives such as manual pumps or non-electric solutions are available. Consumers may opt for less expensive options, affecting the overall demand for electric pumps.
Opportunity:
Continuous advancements in pump technology
Advancements in pump technology often focus on eco-friendly solutions. Manufacturers develop pumps with reduced energy consumption, improved water conservation capabilities, and eco-conscious materials, aligning with environmental regulations and meeting consumer demand for sustainable products. Thus, as consumers seek more efficient, user-friendly, and technologically advanced solutions, the market expands, driving manufacturers to further invest in R&D for continuous improvements.
Threat:
Limited infrastructure in developing regions
In regions with inadequate infrastructure, access to electricity may be inconsistent or unavailable. This lack of reliable power sources hampers the functionality of portable electric water pumps, thereby reducing their accessibility to users who depend on such equipment for water supply. This, in turn, affects the purchasing power and willingness of communities to invest in relatively expensive equipment like portable electric water pumps, hampering market growth.
Covid-19 Impact
During the initial phases of the pandemic, restrictions on manufacturing, transportation, and trade disrupted the global supply chain. While the initial phases of the pandemic resulted in challenges and disruptions, the portable electric water pump market exhibited resilience and adaptability. The subsequent recovery in construction activities, along with the increased emphasis on essential infrastructure, sanitation, and hygiene, contributed to a gradual resurgence in the demand for portable water pumps in the construction sector. However, ongoing monitoring of market dynamics and adapting to changing circumstances remain crucial for stakeholders in this market.
The non-submersible pumps segment is expected to be the largest during the forecast period
The non-submersible pumps segment is estimated to have a lucrative growth, owing to non-submersible pumps, which are also known as surface or external pumps, are designed to be stationed outside the water source. They are suitable for various applications, including water transfer, irrigation, boosting water pressure, dewatering, and supplying water in both residential and commercial settings. Furthermore, these pumps often incorporate advanced motor technologies and features aimed at optimizing performance while minimizing energy costs driving the market growth.
The construction sites segment is expected to have the highest CAGR during the forecast period
The construction sites segment is anticipated to witness the highest CAGR growth during the forecast period, because construction sites often encounter water accumulation due to rain, groundwater seepage, or other reasons. Thus, portable electric water pumps are used for dewatering and draining water from excavations, trenches, basements, and other areas to maintain a dry and safe working environment. These pumps efficiently remove excess water, preventing delays and hazards associated with waterlogged sites. Moreover, portable water pumps are utilized to supply water for firefighting purposes, enabling quick response and fire suppression in case of emergencies, safeguarding workers, equipment, and structures.
Region with largest share:
North America is projected to hold the largest market share during the forecast period owing to the need for portable electric water pumps in North America. Increasing uses in the commercial, industrial, residential, and agricultural sectors were among them. These pumps are employed in irrigation, dewatering, water transfer, and water pressure enhancement. These advancements included the creation of stronger, longer-lasting, eco-friendly pumps with improved functionality, lower energy usage, and improved performance encourages the growth of the market in this region.
Region with highest CAGR:
Asia-Pacific is projected to have the highest CAGR over the forecast period, owing to irrigation with portable electric water pumps that are common. To meet the agricultural demands of the area, the pumps were used in smallholder and large-scale farming operations. There was competition in the Asia Pacific region's market from both domestic and foreign producers. Additionally to obtain a competitive edge, manufacturers were broadening their range of products, utilizing innovation, and improving their distribution systems which thereby enhance the market.
Key players in the market
Some of the key players in the Portable Electric Water Pump Market include Aisin, Bosch, Continental, Gates, NorthStar, Hyundai Power Equipment, Stanley, Burcam, Shurflo, Simer, Wayne, Goulds Water Technology, Powermate, Generac, Honda, Rheinmetall Automotive and Hanon Systems
Key Developments:
In December 2023, Hyundai Introduces Anti-Theft Solution for Vehicles Not Eligible for Software Upgrade. The efficacy of the anti-theft ignition cylinder protector has been independently tested and verified by a leading engineering and scientific consulting firm.
In December 2023, Hyundai motor signs multilateral agreement to accelerate global hydrogen ecosystem development. The agreement aims to rapidly grow the global hydrogen ecosystem and respond more actively to climate change by sharing leading examples of hydrogen ecosystem.
In September 2023, Honda Motorcycle and Scooter India launch the Activa Limited Edition. Activa has revolutionized the Indian two-wheeler segment and delighted millions of Indians over last two decades.
Product Types Covered:
- Non-Submersible Pumps
- Submersible Pumps
- Electric Well Pumps
- Specialty Water Pumps
- Other Product Types
End Users Covered:
- Construction Sites
- Domestic Use
- Agriculture
- Marine & Boating Industry
- Municipalities & Government Agencies
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Portable Electric Water Pump Market, By Product Type
- 5.1 Introduction
- 5.2 Non-Submersible Pumps
- 5.3 Submersible Pumps
- 5.4 Electric Well Pumps
- 5.5 Specialty Water Pumps
- 5.6 Other Product Types
6 Global Portable Electric Water Pump Market, By End User
- 6.1 Introduction
- 6.2 Construction Sites
- 6.3 Domestic Use
- 6.4 Agriculture
- 6.5 Marine & Boating Industry
- 6.6 Municipalities & Government Agencies
- 6.7 Other End Users
7 Global Portable Electric Water Pump Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 Aisin
- 9.2 Bosch
- 9.3 Continental
- 9.4 Gates
- 9.5 NorthStar
- 9.6 Hyundai Power Equipment
- 9.7 Stanley
- 9.8 Burcam
- 9.9 Shurflo
- 9.10 Simer
- 9.11 Wayne
- 9.12 Goulds Water Technology
- 9.13 Powermate
- 9.14 Generac
- 9.15 Honda
- 9.16 Rheinmetall Automotive
- 9.17 Hanon Systems
List of Tables
- Table 1 Global Portable Electric Water Pump Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Portable Electric Water Pump Market Outlook, By Product Type (2021-2030) ($MN)
- Table 3 Global Portable Electric Water Pump Market Outlook, By Non-Submersible Pumps (2021-2030) ($MN)
- Table 4 Global Portable Electric Water Pump Market Outlook, By Submersible Pumps (2021-2030) ($MN)
- Table 5 Global Portable Electric Water Pump Market Outlook, By Electric Well Pumps (2021-2030) ($MN)
- Table 6 Global Portable Electric Water Pump Market Outlook, By Specialty Water Pumps (2021-2030) ($MN)
- Table 7 Global Portable Electric Water Pump Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 8 Global Portable Electric Water Pump Market Outlook, By End User (2021-2030) ($MN)
- Table 9 Global Portable Electric Water Pump Market Outlook, By Construction Sites (2021-2030) ($MN)
- Table 10 Global Portable Electric Water Pump Market Outlook, By Domestic Use (2021-2030) ($MN)
- Table 11 Global Portable Electric Water Pump Market Outlook, By Agriculture (2021-2030) ($MN)
- Table 12 Global Portable Electric Water Pump Market Outlook, By Marine & Boating Industry (2021-2030) ($MN)
- Table 13 Global Portable Electric Water Pump Market Outlook, By Municipalities & Government Agencies (2021-2030) ($MN)
- Table 14 Global Portable Electric Water Pump Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 15 North America Portable Electric Water Pump Market Outlook, By Country (2021-2030) ($MN)
- Table 16 North America Portable Electric Water Pump Market Outlook, By Product Type (2021-2030) ($MN)
- Table 17 North America Portable Electric Water Pump Market Outlook, By Non-Submersible Pumps (2021-2030) ($MN)
- Table 18 North America Portable Electric Water Pump Market Outlook, By Submersible Pumps (2021-2030) ($MN)
- Table 19 North America Portable Electric Water Pump Market Outlook, By Electric Well Pumps (2021-2030) ($MN)
- Table 20 North America Portable Electric Water Pump Market Outlook, By Specialty Water Pumps (2021-2030) ($MN)
- Table 21 North America Portable Electric Water Pump Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 22 North America Portable Electric Water Pump Market Outlook, By End User (2021-2030) ($MN)
- Table 23 North America Portable Electric Water Pump Market Outlook, By Construction Sites (2021-2030) ($MN)
- Table 24 North America Portable Electric Water Pump Market Outlook, By Domestic Use (2021-2030) ($MN)
- Table 25 North America Portable Electric Water Pump Market Outlook, By Agriculture (2021-2030) ($MN)
- Table 26 North America Portable Electric Water Pump Market Outlook, By Marine & Boating Industry (2021-2030) ($MN)
- Table 27 North America Portable Electric Water Pump Market Outlook, By Municipalities & Government Agencies (2021-2030) ($MN)
- Table 28 North America Portable Electric Water Pump Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 29 Europe Portable Electric Water Pump Market Outlook, By Country (2021-2030) ($MN)
- Table 30 Europe Portable Electric Water Pump Market Outlook, By Product Type (2021-2030) ($MN)
- Table 31 Europe Portable Electric Water Pump Market Outlook, By Non-Submersible Pumps (2021-2030) ($MN)
- Table 32 Europe Portable Electric Water Pump Market Outlook, By Submersible Pumps (2021-2030) ($MN)
- Table 33 Europe Portable Electric Water Pump Market Outlook, By Electric Well Pumps (2021-2030) ($MN)
- Table 34 Europe Portable Electric Water Pump Market Outlook, By Specialty Water Pumps (2021-2030) ($MN)
- Table 35 Europe Portable Electric Water Pump Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 36 Europe Portable Electric Water Pump Market Outlook, By End User (2021-2030) ($MN)
- Table 37 Europe Portable Electric Water Pump Market Outlook, By Construction Sites (2021-2030) ($MN)
- Table 38 Europe Portable Electric Water Pump Market Outlook, By Domestic Use (2021-2030) ($MN)
- Table 39 Europe Portable Electric Water Pump Market Outlook, By Agriculture (2021-2030) ($MN)
- Table 40 Europe Portable Electric Water Pump Market Outlook, By Marine & Boating Industry (2021-2030) ($MN)
- Table 41 Europe Portable Electric Water Pump Market Outlook, By Municipalities & Government Agencies (2021-2030) ($MN)
- Table 42 Europe Portable Electric Water Pump Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 43 Asia Pacific Portable Electric Water Pump Market Outlook, By Country (2021-2030) ($MN)
- Table 44 Asia Pacific Portable Electric Water Pump Market Outlook, By Product Type (2021-2030) ($MN)
- Table 45 Asia Pacific Portable Electric Water Pump Market Outlook, By Non-Submersible Pumps (2021-2030) ($MN)
- Table 46 Asia Pacific Portable Electric Water Pump Market Outlook, By Submersible Pumps (2021-2030) ($MN)
- Table 47 Asia Pacific Portable Electric Water Pump Market Outlook, By Electric Well Pumps (2021-2030) ($MN)
- Table 48 Asia Pacific Portable Electric Water Pump Market Outlook, By Specialty Water Pumps (2021-2030) ($MN)
- Table 49 Asia Pacific Portable Electric Water Pump Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 50 Asia Pacific Portable Electric Water Pump Market Outlook, By End User (2021-2030) ($MN)
- Table 51 Asia Pacific Portable Electric Water Pump Market Outlook, By Construction Sites (2021-2030) ($MN)
- Table 52 Asia Pacific Portable Electric Water Pump Market Outlook, By Domestic Use (2021-2030) ($MN)
- Table 53 Asia Pacific Portable Electric Water Pump Market Outlook, By Agriculture (2021-2030) ($MN)
- Table 54 Asia Pacific Portable Electric Water Pump Market Outlook, By Marine & Boating Industry (2021-2030) ($MN)
- Table 55 Asia Pacific Portable Electric Water Pump Market Outlook, By Municipalities & Government Agencies (2021-2030) ($MN)
- Table 56 Asia Pacific Portable Electric Water Pump Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 57 South America Portable Electric Water Pump Market Outlook, By Country (2021-2030) ($MN)
- Table 58 South America Portable Electric Water Pump Market Outlook, By Product Type (2021-2030) ($MN)
- Table 59 South America Portable Electric Water Pump Market Outlook, By Non-Submersible Pumps (2021-2030) ($MN)
- Table 60 South America Portable Electric Water Pump Market Outlook, By Submersible Pumps (2021-2030) ($MN)
- Table 61 South America Portable Electric Water Pump Market Outlook, By Electric Well Pumps (2021-2030) ($MN)
- Table 62 South America Portable Electric Water Pump Market Outlook, By Specialty Water Pumps (2021-2030) ($MN)
- Table 63 South America Portable Electric Water Pump Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 64 South America Portable Electric Water Pump Market Outlook, By End User (2021-2030) ($MN)
- Table 65 South America Portable Electric Water Pump Market Outlook, By Construction Sites (2021-2030) ($MN)
- Table 66 South America Portable Electric Water Pump Market Outlook, By Domestic Use (2021-2030) ($MN)
- Table 67 South America Portable Electric Water Pump Market Outlook, By Agriculture (2021-2030) ($MN)
- Table 68 South America Portable Electric Water Pump Market Outlook, By Marine & Boating Industry (2021-2030) ($MN)
- Table 69 South America Portable Electric Water Pump Market Outlook, By Municipalities & Government Agencies (2021-2030) ($MN)
- Table 70 South America Portable Electric Water Pump Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 71 Middle East & Africa Portable Electric Water Pump Market Outlook, By Country (2021-2030) ($MN)
- Table 72 Middle East & Africa Portable Electric Water Pump Market Outlook, By Product Type (2021-2030) ($MN)
- Table 73 Middle East & Africa Portable Electric Water Pump Market Outlook, By Non-Submersible Pumps (2021-2030) ($MN)
- Table 74 Middle East & Africa Portable Electric Water Pump Market Outlook, By Submersible Pumps (2021-2030) ($MN)
- Table 75 Middle East & Africa Portable Electric Water Pump Market Outlook, By Electric Well Pumps (2021-2030) ($MN)
- Table 76 Middle East & Africa Portable Electric Water Pump Market Outlook, By Specialty Water Pumps (2021-2030) ($MN)
- Table 77 Middle East & Africa Portable Electric Water Pump Market Outlook, By Other Product Types (2021-2030) ($MN)
- Table 78 Middle East & Africa Portable Electric Water Pump Market Outlook, By End User (2021-2030) ($MN)
- Table 79 Middle East & Africa Portable Electric Water Pump Market Outlook, By Construction Sites (2021-2030) ($MN)
- Table 80 Middle East & Africa Portable Electric Water Pump Market Outlook, By Domestic Use (2021-2030) ($MN)
- Table 81 Middle East & Africa Portable Electric Water Pump Market Outlook, By Agriculture (2021-2030) ($MN)
- Table 82 Middle East & Africa Portable Electric Water Pump Market Outlook, By Marine & Boating Industry (2021-2030) ($MN)
- Table 83 Middle East & Africa Portable Electric Water Pump Market Outlook, By Municipalities & Government Agencies (2021-2030) ($MN)
- Table 84 Middle East & Africa Portable Electric Water Pump Market Outlook, By Other End Users (2021-2030) ($MN)
