The Asia Pacific Water Pump Market should witness market growth of 4.8% CAGR during the forecast period (2022-2028).
High-efficiency water pumps often have an extra benefit for their end customers since they can automatically detect any changes in pipeline pressure and cease when not in use, so using less power. Moreover, the system can operate at high speeds with less maintenance due to high-efficiency water pumps.
The need for energy-efficient pumps is expected to increase as a result. Another essential aspect projected to influence the growth of the water pump market is the substitution of electric water pumps with diesel ones. This is because electrical water pumps emit fewer carbon emissions than diesel pumps. Additionally, the agricultural sector's increasing reliance on groundwater due to irregular rainfall is projected to increase the demand for water pumps.
To prepare fields for duck hunting, one of the most common recreational applications for a water pump is to flood them. Unfortunately, one of the most effective methods to attract ducks is to attack a field. As a result, sportsmen often get frustrated when ducks fly over broad, dry areas during the duck shooting season. Fortunately, with the aid of water pumps, this lost chance may be turned into a fruitful quest.
This trend is expected to boost the growth of the downstream oil and gas industry throughout the following decades. The government has taken several steps to increase oil and gas exploration and production, emphasize demand substitution, promote energy efficiency and conservation, and take advantage of the unrealized potential for biofuels and alternative fuels/renewables to reduce the amount of crude oil imported. As a result, the water pump market is expected to rise along with the growing oil and gas sector. Establishing sophisticated water transport and treatment systems by several East Asian countries in the area has also enabled them to achieve economic water security, much like many affluent nations. This is also anticipated to continue in the following years, which would boost the expansion of the regional market even more.
The China market dominated the Asia Pacific Water Pump Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,046 Million by 2028. The Japan market is estimated to grow a CAGR of 4.2% during (2022-2028). Additionally, The India market would experience a CAGR of 5.5% during (2022-2028).
Based on Type, the market is segmented into Centrifugal and Positive Displacement. Based on Driving Force, the market is segmented into Electric Driven and Engine Driven. Based on Application, the market is segmented into Oil & Gas, Water & Wastewater, Chemicals, Power Generation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Atlas Copco AB, Baker Hughes Company, Flowserve Corporation, Grundfos Holding A/S, Sulzer Ltd., Ebara Corporation, Xylem, Inc., KSB SE & Co. KGaA, Kirloskar Brothers Limited (Kirloskar Group), and Husqvarna Group.
High-efficiency water pumps often have an extra benefit for their end customers since they can automatically detect any changes in pipeline pressure and cease when not in use, so using less power. Moreover, the system can operate at high speeds with less maintenance due to high-efficiency water pumps.
The need for energy-efficient pumps is expected to increase as a result. Another essential aspect projected to influence the growth of the water pump market is the substitution of electric water pumps with diesel ones. This is because electrical water pumps emit fewer carbon emissions than diesel pumps. Additionally, the agricultural sector's increasing reliance on groundwater due to irregular rainfall is projected to increase the demand for water pumps.
To prepare fields for duck hunting, one of the most common recreational applications for a water pump is to flood them. Unfortunately, one of the most effective methods to attract ducks is to attack a field. As a result, sportsmen often get frustrated when ducks fly over broad, dry areas during the duck shooting season. Fortunately, with the aid of water pumps, this lost chance may be turned into a fruitful quest.
This trend is expected to boost the growth of the downstream oil and gas industry throughout the following decades. The government has taken several steps to increase oil and gas exploration and production, emphasize demand substitution, promote energy efficiency and conservation, and take advantage of the unrealized potential for biofuels and alternative fuels/renewables to reduce the amount of crude oil imported. As a result, the water pump market is expected to rise along with the growing oil and gas sector. Establishing sophisticated water transport and treatment systems by several East Asian countries in the area has also enabled them to achieve economic water security, much like many affluent nations. This is also anticipated to continue in the following years, which would boost the expansion of the regional market even more.
The China market dominated the Asia Pacific Water Pump Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8,046 Million by 2028. The Japan market is estimated to grow a CAGR of 4.2% during (2022-2028). Additionally, The India market would experience a CAGR of 5.5% during (2022-2028).
Based on Type, the market is segmented into Centrifugal and Positive Displacement. Based on Driving Force, the market is segmented into Electric Driven and Engine Driven. Based on Application, the market is segmented into Oil & Gas, Water & Wastewater, Chemicals, Power Generation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Atlas Copco AB, Baker Hughes Company, Flowserve Corporation, Grundfos Holding A/S, Sulzer Ltd., Ebara Corporation, Xylem, Inc., KSB SE & Co. KGaA, Kirloskar Brothers Limited (Kirloskar Group), and Husqvarna Group.
Scope of the Study
By Type
- Centrifugal
- Positive Displacement
By Driving Force
- Electric Driven
- Engine Driven
By Application
- Oil & Gas
- Water & Wastewater
- Chemicals
- Power Generation
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Atlas Copco AB
- Baker Hughes Company
- Flowserve Corporation
- Grundfos Holding A/S
- Sulzer Ltd.
- Ebara Corporation
- Xylem, Inc.
- KSB SE & Co. KGaA
- Kirloskar Brothers Limited (Kirloskar Group)
- Husqvarna Group
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Water Pump Market, by Type
1.4.2 Asia Pacific Water Pump Market, by Driving Force
1.4.3 Asia Pacific Water Pump Market, by Application
1.4.4 Asia Pacific Water Pump Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisition and Mergers : 2018, Apr - 2023, Jan) Leading Players
Chapter 4. Asia Pacific Water Pump Market by Type
4.1 Asia Pacific Centrifugal Market by Country
4.2 Asia Pacific Positive Displacement Market by Country
Chapter 5. Asia Pacific Water Pump Market by Driving Force
5.1 Asia Pacific Electric Driven Market by Country
5.2 Asia Pacific Engine Driven Market by Country
Chapter 6. Asia Pacific Water Pump Market by Application
6.1 Asia Pacific Oil & Gas Market by Country
6.2 Asia Pacific Water & Wastewater Market by Country
6.3 Asia Pacific Chemicals Market by Country
6.4 Asia Pacific Power Generation Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Water Pump Market by Country
7.1 China Water Pump Market
7.1.1 China Water Pump Market by Type
7.1.2 China Water Pump Market by Driving Force
7.1.3 China Water Pump Market by Application
7.2 Japan Water Pump Market
7.2.1 Japan Water Pump Market by Type
7.2.2 Japan Water Pump Market by Driving Force
7.2.3 Japan Water Pump Market by Application
7.3 India Water Pump Market
7.3.1 India Water Pump Market by Type
7.3.2 India Water Pump Market by Driving Force
7.3.3 India Water Pump Market by Application
7.4 South Korea Water Pump Market
7.4.1 South Korea Water Pump Market by Type
7.4.2 South Korea Water Pump Market by Driving Force
7.4.3 South Korea Water Pump Market by Application
7.5 Singapore Water Pump Market
7.5.1 Singapore Water Pump Market by Type
7.5.2 Singapore Water Pump Market by Driving Force
7.5.3 Singapore Water Pump Market by Application
7.6 Malaysia Water Pump Market
7.6.1 Malaysia Water Pump Market by Type
7.6.2 Malaysia Water Pump Market by Driving Force
7.6.3 Malaysia Water Pump Market by Application
7.7 Rest of Asia Pacific Water Pump Market
7.7.1 Rest of Asia Pacific Water Pump Market by Type
7.7.2 Rest of Asia Pacific Water Pump Market by Driving Force
7.7.3 Rest of Asia Pacific Water Pump Market by Application
Chapter 8. Company Profiles
8.1 Atlas Copco AB
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.5.2 Geographical Expansions:
8.2 Baker Hughes Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.3 Flowserve Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Grundfos Holding A/S
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.5 Sulzer Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.6 Ebara Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.5.2 Geographical Expansions:
8.7 Xylem, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 KSB SE & Co. KGaA
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Product Launches and Product Expansions:
8.8.4.2 Acquisition and Mergers:
8.9 Kirloskar Brothers Limited (Kirloskar Group)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Product Launches and Product Expansions:
8.10. Husqvarna Group
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
Companies Mentioned
- Atlas Copco AB
- Baker Hughes Company
- Flowserve Corporation
- Grundfos Holding A/S
- Sulzer Ltd.
- Ebara Corporation
- Xylem, Inc.
- KSB SE & Co. KGaA
- Kirloskar Brothers Limited (Kirloskar Group)
- Husqvarna Group
Methodology
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