Vietnam Water Pumps Market Comprehensive Analysis and Forecast 2024 to 2030
Vietnam Water Pumps Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Vietnam Water Pumps Market size is estimated to grow at a CAGR of around 8.3% during the forecast period, i.e., 2024-30. The Vietnam 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 Vietnam Water Pumps Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Vietnam Water Pumps Market drivers, barriers, Vietnam Water Pumps Market Trends, and Key Players in Vietnam Water Pumps Market.
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Vietnam Water Pumps Market Dynamics: 2024-2030
Vietnam Water Pumps Market Driver:
Growing Demand for Technology Advancement to Thrive the Market Growth – The increasing adoption of technological advancements in agriculture, as evidenced by the transition from traditional to smart farming techniques, serves as a significant growth driver for the Vietnam Water Pumps Market. With rising food demand and escalating labor expenses, farmers in Vietnam are increasingly turning to modern machinery to enhance productivity & efficiency. This shift is particularly notable in the agricultural sector, where the usage of innovative technologies like agricultural pumps is becoming indispensable.
These pumps play a crucial role in optimizing water usage and irrigation processes, thus addressing the evolving needs of farmers and ensuring sustainable agricultural practices. Additionally, the reduction in farmers' effort and total time consumed, facilitated by modern machinery, including agricultural pumps, further fuels the demand for such equipment in the Vietnam market.
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Vietnam Water Pumps Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type of Pumps
-Centrifugal Pumps
-Overhung Pumps
-Vertical Inline
-Horizontal End Suction
-Split Case Pumps
-Single/Two Stage
-Multistage
-Vertical Pumps
-Turbine
-Solid Handling
-Non-solid Handling
Axial
-Mixed Flow
-Submersible Pumps
-Solid Handling
-Non-solid Handling
-Positive Displacement Pumps
-Diaphragm Pumps
-Piston Pumps
-Gear Pumps
-Lobe Pumps
-Progressive Cavity Pumps
-Screw Pumps
-Vane Pumps
-Peristaltic Pumps
By Power Rating
-Up to 0.25HP- Market Size & Forecast 2019-2030F, USD Million
-0.25-0.5HP- Market Size & Forecast 2019-2030F, USD Million
-0.5 HP-1HP- Market Size & Forecast 2019-2030F, USD Million
-1HP-1.5HP- Market Size & Forecast 2019-2030F, USD Million
-Above 1.5HP- Market Size & Forecast 2019-2030F, USD Million
By Price Range
-Economy- Market Size & Forecast 2019-2030F, USD Million
-Medium- Market Size & Forecast 2019-2030F, USD Million
-High- Market Size & Forecast 2019-2030F, USD Million
-Premium- Market Size & Forecast 2019-2030F, USD Million
By End User
-Oil & Gas- Market Size & Forecast 2019-2030F, USD Million
-Power Generation- Market Size & Forecast 2019-2030F, USD Million
-Residential- Market Size & Forecast 2019-2030F, USD Million
-Agriculture & Irrigation- Market Size & Forecast 2019-2030F, USD Million
-Commercial Building- Market Size & Forecast 2019-2030F, USD Million
-HVAC- Market Size & Forecast 2019-2030F, USD Million
-Fire- Market Size & Forecast 2019-2030F, USD Million
-Chemicals- Market Size & Forecast 2019-2030F, USD Million
-Water & Wastewater- Market Size & Forecast 2019-2030F, USD Million
-Food & Beverage- Market Size & Forecast 2019-2030F, USD Million
-Others
By Region
-North
-South
-Central.
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Top Companies Operating in the Vietnam Water Pumps Market:
EBARA Vietnam Pump Company, Grundfos Vietnam Co., Ltd, HAPUMA, Intech Pumps Vietnam Company, Iwaki Co., Ltd., KSB Vietnam Co., Ltd., Sai Gon Industrial Service, Tsurumi Manufacturing Co., Ltd., WILO SE, ITT BORNEMANN GmbH, others.
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