The Global Water Pumps Market is expected to grow at a CAGR of around 5.9% during the forecast period, i.e., 2021-26. MarkNtel Advisors’ recently published versions of the study on the Global Water Pumps Industry (2021-2026) have been closely monitored. The factual data related to it has been intensively crafted, conducting primary and other market research processes & strategies.
Essential Parameters
- Timefrvame and Metrics
- Historical Period: 2016-19
- Base Year: 2020
- Forecast Years: 2021-2026
- Units: USD Million/Billion
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- We use both primary and secondary research approaches to gather unbiased and comprehensive market information.
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Rising Usage of the Solar Water Pumps in Agricultural Sector
Agriculture is crucial to economic growth & the share of agriculture in the global Gross Domestic Product (GDP) per the Food and Agriculture Organizations, the US & World Bank has been around 4% and in some least developing countries, it might account for more than 25% of GDP. The agricultural industry heavily relies on the monsoon for natural irrigation, therefor pumps serve as artificial methods to supply water for irrigation. Due to the reliance on grid electricity or diesel generators to operate pumps, farmers experience significant delays and economic burdens. Therefore, the advent of efficient irrigation systems like solar water pumps is a tremendous advantage to farmers since they provide a consistent and uninterrupted water supply to the fields.
Analyzing the Segmentations for the Global Water Pumps Market
Knowing the fragmentation of the market makes one understand the versatility & nature of the industry in a very detailed and informed way. This section of the research report talks about how every segmentation plays a role in enhancing the market share & size. Read further to get familiar with the market segmentations:
By Type
-Centrifugal Pumps
-Positive Displacement
By End User
-Oil & Gas
-Power Generation
-Residential
-Agriculture & Irrigation
-Commercial Building
-HVAC
-Fire
-Chemicals
-Water & Wastewater
-Food & Beverage
-Others
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Exploring the Geographical Landscape of the Global Water Pumps Industry
Our skilled researchers and analysts provide a detailed overview of each region or country, to help stakeholders understand the market status in these areas. They are:
-Asia-Pacific
-North America
-South America
-Europe
-Middle East & Africa.
Do You Know Who are the Leading Companies in the Global Water Pumps Market?
Key competitors are the major role-players of any market, working to innovating & expanding the industry landscape. Look below to know about the Global Water Pumps Market companies:
-Flowserve Corporation
-Pentair PLC
-Sulzer Limited
-Kirloskar Brothers Limited (KBL)
-Grundfos
-Xylem Inc
-KSB Group
-Wilo
-ITT Inc.
-Torishima Pump MFG. Co. LTD.
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Key Questions Addressed in the Global Water Pumps Market Research Report:
- What is the estimated size, share, and CAGR of the Global Water Pumps Market in the forecast period?
- What are the key trends projected to impact the Global Water Pumps Market during 2021-2026?
- What are the different segments & sub-segments considered in the Global Water Pumps Market research study?
- Who are the key stakeholders and players participating in the Global Water Pumps Market?
- What are the major aspects creating opportunistic arena for the Global Water Pumps Market?
- What would be the demand for different types of products/services in the Global Water Pumps Market through 2026?
- What all factors would create challenge for the Global Water Pumps Industry growth?
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