How Big is the Water and Wastewater Pumps Market?
The Global Water & Wastewater Pumps Market size is valued at USD 10.2 billion in 2023 & is estimated to reach USD 14.1 billion by 2030. Along with this, the market is projected to grow at a CAGR of around 4.77% during the forecast period, i.e., 2024-30. The industry growth imputes to the growing clean water demand, technological advancement, widening oil & gas industry, and rapid urbanization globally. According to the United Nations Environment Program (UNEP) 2023, around 6 billion consumers would face water scarcity by 2050 due to climate change, pollution, and increasingly unsustainable consumption & production.
Market Statistics
- Market Size in 2023: USD 10.2 billion
- Market Size By 2030: USD 14.1 billion
- Market Growth Rate (CAGR): 4.77% from 2024-2030
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Water and Wastewater Pumps Market Insight:
Opportunity:-
Rising Prevalence for Sludge-to-Energy System – The rapid shift towards sustainable energy solutions and efficient wastewater management, owing to climate change mitigation, energy security, urban development & liability, etc., presents a promising opportunity for the Water and Wastewater Pump Market in the forecast period. The growing focus on sustainable energy solutions and wastewater management is resulting in the development of new technologies like the Sludge-to-Energy system, which converts sewage sludge into biogas by pre-treating sewage sludge with thermal hydrolysis.
This technology is expected to play a crucial role in addressing environmental concerns, such as energy demand, emissions, and waste management. As a result, it is gaining traction in developed and developing nations like the US, China, Brazil, and Norway, thus driving the Water & Wastewater Pumps Market.
Water and Wastewater Pumps Market Segmentation:
The report has segmented the market into the following categories:
By Pump Type
- Centrifugal – Market Size & Analysis 2019-2030F, (USD Million)
- End Suction – Market Size & Analysis 2019-2030F, (USD Million)
- Split Case – Market Size & Analysis 2019-2030F, (USD Million)
- Vertical – Market Size & Analysis 2019-2030F, (USD Million)
- Turbine – Market Size & Analysis 2019-2030F, (USD Million)
- Axial Pump – Market Size & Analysis 2019-2030F, (USD Million)
- Mixed Flow Pump – Market Size & Analysis 2019-2030F, (USD Million)
- Submersible Pump – Market Size & Analysis 2019-2030F, (USD Million)
- Positive Displacement – Market Size & Analysis 2019-2030F, (USD Million)
- Progressing Cavity – Market Size & Analysis 2019-2030F, (USD Million)
- Diaphragm – Market Size & Analysis 2019-2030F, (USD Million)
- Gear Pump – Market Size & Analysis 2019-2030F, (USD Million)
- Others – Market Size & Analysis 2019-2030F, (USD Million)
By End User
- Industrial Water & Wastewater – Market Size & Analysis 2019-2030F, (USD Million)
- Municipal Water & Wastewater – Market Size & Analysis 2019-2030F, (USD Million)
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Competitive Landscape:
- Flowserve Corporation
- Pentair PLC
- Sulzer Limited
- Kirloskar Brothers Limited (KBL)
- Grundfos
- Xylem Inc
- KSB Group
- Wilo
- Ebara Corporation
- Franklin Electric
- Armstrong Fluid Technologies
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2024-2030)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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