Global Water Pumps Market Comprehensive Analysis and Forecast 2025 to 2030
Global Water Pumps Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
The Global Water Pump Market size was valued at around USD 47.40 billion in 2024 and is projected to reach USD 58.18 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.72% during the forecast period, i.e., 2025-30. The Global Water Pumps Market is going through significant growth due to multiple drivers like technological advancements and, of course, increasing healthcare needs. The increase in road accidents throughout the country creates a greater demand for X-rays.
Markntel Advisor’s Global Water Pumps Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Global Water Pumps Market drivers, barriers, Global Water Pumps Market Trends, and Key Players in Global Water Pumps Market.
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Global Water Pumps Market Dynamics: 2025-2030
Global Water Pump Market Opportunity:
Rising Commissioning of New Power Plants to Open New Doors for the Water Pump Industry – The global electricity demand continues to rise due to population growth, urbanization, and industrialization. This has led to the development of new power generation plants, which are constructed to meet this increasing energy demand and ensure a reliable electricity supply to homes, businesses, and industries. According to the International Energy Organization (IEA), global electricity demand is expected to rise by 25–30% in 2030. Hence, to cater to the growing electricity demand, the governments of countries such as India, the US, etc., have started commissioning new power plants that would generate the need for water pumps. Moreover, the increasing government's focus on renewable resources for power generation to minimize carbon emissions and the usage of sustainable solutions would generate demand for energy-efficient water solutions during the forecast period.
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Global Water Pumps Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type
- Centrifugal Pump–Market Size & Forecast 2020–2030F, USD Million
-Positive Displacement Pump – Market Size & Forecast 2020 – 2030F, USD Million
(Centrifugal pumps are high-speed pumps that cause the shearing of fluid, making them suitable for the transportation of low-viscosity materials.)
By End User
-Oil & Gas - Market Size & Forecast 2020-2030F, USD Million
-Power Generation - Market Size & Forecast 2020-2030F, USD Million
-Residential – Market Size & Forecast 2020-2030F, USD Million
-Agriculture & Irrigation – Market Size & Forecast 2020-2030F, USD Million
-Commercial Building – Market Size & Forecast 2020-2030F, USD Million
-HVAC – Market Size & Forecast 2020-2030F, USD Million
-Chemicals – Market Size & Forecast 2020-2030F, USD Million
-Water & Wastewater – Market Size & Forecast 2020-2030F, USD Million
-Food & Beverage – Market Size & Forecast 2020-2030F, USD Million
-Others– Market Size & Forecast 2020-2030F, USD Million
By Region
-Asia-Pacific
-North America
-South America
-Europe
-Middle East & Africa.
(The Asia-Pacific region captured the largest share of the Global Water Pump Market because of sizable agricultural lands and a boom in the end-user industries, consisting of water & wastewater treatment and food & beverages, among others, which is augmenting the demand for water pumps in the region.)
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Top Companies Operating in the Global Water Pumps Market:
-Flowserve Corporation
-Pentair PLC
-Sulzer Limited
-Kirloskar Brothers Limited (KBL)
-Grundfos
-Xylem Inc.
-KSB Group
-Wilo
-ITT Inc.
-Torishima Pump MFG. Co. LTD.
Industry Recent Development:
2023: WILO SE signed a MoU with the Ministry of Investment in Saudi Arabia to expand its presence in the Kingdom. As part of the agreement, the company aims to invest in an assembly facility that allows the company to assemble pumps & systems locally for the Saudi market, as well as grow its existing sales office into regional headquarters.
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