india water pumps market to reach usd2275.40 million until fy2027

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1 Published: October 2020 www.techsciresearch.com 2015 2025 Published: December 2020 MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com GLOBAL ORNAMENTAL FISH MARKET FORECAST & OPPORTUNITIES Published: February 2021 MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING Published: March 2021 MARKET INTELLIGENCE . CONSULTING Published: March 2021 MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com INDIA AUGMENTED REALITY AND VIRTUAL REALITY MARKET- FORECAST & OPPORTUNITIES FY2017 FY2027 Published: May 2021 MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com INDIA WATER PUMPS MARKET FORECAST AND OPPORTUNITIES FY2017 FY2027

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According to TechSci report, “India Water Pumps Market By Type (Centrifugal & Positive Displacement), By Application (Agriculture, Building Services, Water and Wastewater, Power, Oil & Gas, Lift Irrigation, Others), By Pump Type (Submersible Pumps, Multistage Pumps, End Suction Pumps, Positive Displacement Pumps, Split Case Pumps, Engineered Pumps), By Region, Competition Forecast & Opportunities, FY2027F”, India Water Pumps Market was valued at USD1685 million in FY2021 and is projected to grow at a CAGR of 5.59% in the forecast period, primarily due to the rising industrialization and construction activities. Moreover, increasing agriculture activities, and depleting ground water levels are likely to fuel demand for water pumps across India in the coming years. In addition to this the increasing focus on development of wastewater treatment plants and desalination plants in the country coupled with various government initiatives for strengthening and developing existing and new infrastructure projects are some of the other major factors that are expected to propel demand for water pumps in India during the forecast period. https://bit.ly/2VvUUBS

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Page 1: India Water Pumps Market to Reach USD2275.40 Million until FY2027

1

Published: October 2020

www.techsciresearch.com

2015 – 2025

Published: December 2020

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

GLOBAL ORNAMENTAL FISH MARKET

FORECAST & OPPORTUNITIES

Published: February 2021

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

MARKET INTELLIGENCE . CONSULTING

Published: March 2021

MARKET INTELLIGENCE . CONSULTING

Published: March 2021

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

INDIA AUGMENTED REALITY AND

VIRTUAL REALITY MARKET-

FORECAST & OPPORTUNITIES

FY2017 – FY2027

Published: May 2021

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

INDIA WATER PUMPS MARKET –

FORECAST AND OPPORTUNITIES

FY2017 – FY2027

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2© TechSci Research

Table of Contents

2

S. No. Contents

1. Product Overview

2. Research Methodology

3. India Water Pumps Market Outlook

3.1. India Water Pumps Market Size & Forecast (Organized & Unorganized Sector)

3.1.1. By Value

3.2. Market Share

3.2.1. By Sector (Organized & Unorganized)

3.3. Market Size & Forecast (Organized Sector)

3.3.1. By Value & Volume

3.4. Market Share & Forecast

3.4.1. By Type (Centrifugal & Positive Displacement)

3.4.2. By Application (Agriculture, Building Services, Water & Wastewater, Power,Oil & Gas, Lift Irrigation, and Others)

3.4.3. By Pump Type (Submersible Pumps, Multistage Pumps, End Suction Pumps,Positive Displacement Pumps, Split Case Pumps, Engineered Pumps)

3.4.4. By Company (2021)

3.5. Policy and Regulatory Landscape

4. India End Suction Water Pumps Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value & Volume

4.2. Market Share & Forecast

4.2.1. By Type

4.2.2. By Application

4.2.3. By End Use

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Table of Contents

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S. No. Contents

4.2.4. By Region

4.2.5. By Company (2021)

5. India Multistage Water Pumps Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share

5.2.1. By Type

5.2.2. By Application

5.2.3. By End Use

5.2.4. By Region

5.2.5. By Company (2021)

6. India Horizontal Split Case Water Pumps Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By Application

6.2.3. By End Use

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S. No. Contents

6.2.4. By Region

6.2.5. By Company (2021)

7. India Pulp & Paper Pumps Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share

7.2.1. By Company (2021)

7.3. Government Policies and Regulations

7.4. Key Investments

8. India HVAC Pumps Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share

8.2.1. By Company (2021)

8.3. Government Policies and Regulations

8.4. Key Investments

9. India Food & Pharma Water Pumps Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

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Table of Contents

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S. No. Contents

9.2. Market Share

9.2.1. By Company (2021)

9.3. Government Policies and Regulations

9.4. Key Investments

10. India Fire Fighting Pumps Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share

10.2.1. By Type

10.2.2. By Company (2021)

10.3. Government Policies and Regulations

10.4. Key Investments

11. India Desalination Plant & Project Water Pumps Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share

11.2.1. By Region

11.2.2. By Product Category

11.2.3. By Company (2021)

11.3. Government Policies and Regulations

11.4. Key Investments

12. India Irrigation Water Pumps Market Outlook

12.1. Market Size & Forecast

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Table of Contents

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S. No. Contents

12.1.1 By Value

12.2. Market Share

12.2.1 By Region

12.2.2 By Product Category

12.2.3 By Company (2021)

13. India Water Supply Pumps Market Outlook

13.1. Market Size & Forecast

13.1.1 By Value

13.2. Market Share

13.2.1 By Type

13.2.2 By Product Category

13.2.3 By Region

13.2.4 By Company (2021)

13.3. Energy Saving Pumps Market Size & Forecast

13.3.1 By Value

13.2. Market Share

13.2.1 By Region

13.3. Government Policies and Regulations

13.4. Upcoming Projects and Key Investments

14. India Waste Water Pumps Market Outlook

14.1. Market Size & Forecast

14.1.1 By Value

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S. No. Contents

14.2. Market Share

14.2.1. By End Use

14.2.2. By Product Category

14.2.3. By Region

14.2.4. By Company (2021)

14.3. Upcoming Projects and Key Investments

14.4. River Ganga Rejuvenation Pumps Market Size & Forecast

14.4.1. By Value

14.5. Market Share

14.5.1. By Company (2021)

14.6. Government Policies and Regulations

14.7. Current and Proposed Investments

15. India Thermal Power Pumps Market Outlook

15.1. Market Size & Forecast

15.1.1. By Value

15.2. Market Share

15.2.1. By Region

15.2.2. By Company (2021)

16. India Water Pumps as a Turbine Market Outlook

16.1. Market Size & Forecast

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Table of Contents

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S. No. Contents

16.1.1. By Value & Volume

17. Market Dynamics

17.2. Drivers

17.2. Challenges

18. Market Trends and Developments

19. Impact of COVID-19 on India Water Pumps Market

20. India Economic Profile

21. Competitive Landscape

21.1. Kirloskar Brothers Limited (KBL)

21.2. C.R.I. Pumps Private Limited

21.3. Crompton Greaves Consumer Electricals Limited

21.4. KSB Limited

21.5. Sulzer Pumps India Limited

21.6. Texmo Industries

21.7. WILO Mather and Platt Pumps Private Limited

21.8. Grundfos Pumps India Private Limited

21.9. Shakti Pumps India Limited

21.10 WPIL Limited

21. Strategic Recommendations

22. About Us & Disclaimer

Page 9: India Water Pumps Market to Reach USD2275.40 Million until FY2027

Product Overview

Page 10: India Water Pumps Market to Reach USD2275.40 Million until FY2027

10© TechSci Research

Product OverviewProduct of Interest: Water Pumps

Review Period

FY2017 – FY2020

Base Year

FY2021

Estimated Year

FY2022

Forecast Period

FY2023 – FY2027

Year RangeINDIA WATER PUMPS MARKET

BY TYPE

• Centrifugal

• Positive Displacement

BY REGION

• West

• North

• East

• South

Water pumps are water control equipment that utilize pumping to remove or drain various forms of water fromconstruction sites, riverbeds, mine shafts, underground metro networks, tunnels, caisson, and even residentialbuildings. It is a device that raises, circulates and transfers fluids or water. It is a mechanical device which impartsenergy to a fluid and is mainly required for the transportation and circulation of fluids. Water pumps are used forvarious applications in sectors such as irrigation, agriculture, industrial and residential.

Market Segmentation

10

BY APPLICATION

• Agriculture

• Building Services

• Water & Wastewater

• Power

• Oil & Gas

• Lift Irrigation

• Others

BY PUMP TYPE

• Submersible Pumps

• Multistage Pumps

• End Suction Pumps

• Positive Displacement

Pumps

• Split Case Pumps

• Engineered Pumps

Page 11: India Water Pumps Market to Reach USD2275.40 Million until FY2027

Research Methodology

Page 12: India Water Pumps Market to Reach USD2275.40 Million until FY2027

12© TechSci Research

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to determine overall market

size, segmental market size. and top players in the

India water pumps market.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about India water pumps market.

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor Presentations✓ Regulatory Body

Secondary ResearchPrimary Research

12

Page 13: India Water Pumps Market to Reach USD2275.40 Million until FY2027

13© TechSci Research

Research Methodology

13

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the India water pumps market. The team

has analyzed the outlook for various segments of this market, while considering the major influencing factors and speculated a

robust growth during the forecast period. The study includes market forecasting, which would enable our clients to take better

decisions while planning their strategy to achieve sustainability in the India water pumps market.

Methodology Followed for Calculation of Market Size:

Market Size by Value: Market size, in terms of value, for FY2021 was calculated based on information collected through

exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders and industry experts.

The team interviewed more than 20 companies, 50 industry experts and other value chain stakeholders in the India water

pumps market to obtain the overall market size during FY2017-FY2021, which was validated by the Delphi technique. Taking

standard deviation into consideration, the market size was averaged out, to arrive at the market size data for FY2017-FY2021.

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14© TechSci Research

Research Methodology

14

Respondents were asked about the current and future market growth rates, as well as market shares by type, by application, by

pump type, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider

wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares

generated across various segments were further triangulated from other stakeholders depending upon the component.

Methodology Followed for Calculation of Market Shares:

Market shares by type, by application, by pump type, by region and by company were calculated based on the responses received

through primary surveys with industry experts, in which the respondents were asked about the market shares of the leading

players in the water pumps market in India. The final shares were calculated by taking the geometric mean of the responses

gathered from key opinion leaders after eliminating the outliers. Moreover, respondents were asked about the leading companies

operating in India water pumps market.

Methodology Followed for Forecasting:

TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the survey

results in SPSS/Tableau Software.

Page 15: India Water Pumps Market to Reach USD2275.40 Million until FY2027

15© TechSci Research

Research Methodology

15

Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast

the India water pumps market, TechSci Research used various forecast techniques such as:

o Moving Average

o Time Series Analysis

o Regression Analysis

o Econometric and Judgmental Analysis

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions.

TechSci Research also used the impact analysis during short, medium and long term period to estimate and analyze market

demand scenario.

Partial List of Companies Interviewed

Kirloskar Brothers Limited (KBL), C.R.I. Pumps Private Limited, Crompton Greaves

Consumer Electricals Ltd., KSB Pumps Limited, Sulzer Pumps India Limited, Texmo

Industries, WILO Mather and Platt Pumps Private Limited, Grundfos Pumps India Private

Limited, Shakti Pumps India Limited, WPIL Limited

Partial List of Secondary Sources

Company Annual Reports, Press Releases, Industry Magazines, Industry Reports, Company

Websites, TechSci Research Proprietary Database & Knowledge Repository, etc.

*Note: (a) The data given for any year represents the market during the period i.e. 1st April of the previous year to 31st

March of that year. eg: For 2021E, the data represents the period, 1st April 2020 to 31st March 2021.

(b) Sum of some shares may not be 100% due to round off till two decimal places.

Page 16: India Water Pumps Market to Reach USD2275.40 Million until FY2027

16© TechSci Research 16

Industry Brief

According to TechSci report, “India Water Pumps Market By Type (Centrifugal & Positive Displacement), By Application (Agriculture, Building Services, Water

and Wastewater, Power, Oil & Gas, Lift Irrigation, Others), By Pump Type (Submersible Pumps, Multistage Pumps, End Suction Pumps, Positive Displacement

Pumps, Split Case Pumps, Engineered Pumps), By Region, Competition Forecast & Opportunities, FY2027F”, India Water Pumps Market was valued at

USD1685 million in FY2021 and is projected to grow at a CAGR of 5.59% in the forecast period, primarily due to the rising industrialization and construction

activities. Moreover, increasing agriculture activities, and depleting ground water levels are likely to fuel demand for water pumps across India in the coming

years. In addition to this the increasing focus on development of wastewater treatment plants and desalination plants in the country coupled with various

government initiatives for strengthening and developing existing and new infrastructure projects are some of the other major factors that are expected to propel

demand for water pumps in India during the forecast period.

On the basis of Type, the India Water Pumps Market is categorized into Centrifugal Pumps and Positive Displacement. Among these, the Centrifugal Pumps

category accounted for the majority of market share in the India Water Pumps Market in FY2021 and it is anticipated to remain as the dominating category

throughout the forecast period as they are the best devices used for water and thin liquids and slurries in almost every industry. Centrifugal pumps market in

India is expected to be competitive, with several established vendors expanding their product portfolio as centrifugal pump is best suited for non-air or vapor-

containing liquids with low viscosity.

Based on Application, the agriculture segment dominates the India Water Pumps market as it accounted for over 26% share of country's total market in FY2021

and is expected to remain dominant in the forecast period also. Declining water level and rising per capita water demand are major challenges being faced by

the agriculture sector and its allied segments. On the other hand, per capita water availability has reduced to about one third since 1950, resulting into growing

demand for water pumps. Other factors such as rising urbanization, infrastructure investment and industrialization (especially in water & wastewater, oil & gas

sectors) are also driving the water pumps market in India. The demand for water-pumps is expected to increase due to the increasing need for industrial

wastewater treatment. The increasing infrastructure development in India is also expected to have a positive impact on the water-pumps market..

Based on Pump Type, the India Water Pumps Market can be segmented into Submersible Pumps, Multistage Pumps, End Suction Pumps, Positive

Displacement Pumps, Split Case Pumps, Engineered Pumps, in which the Submersible Pumps category accounted for majority of market share in the India

Water Pumps Market in FY2021.

Some of the major players in the market include Kirloskar Brothers Limited (KBL), C.R.I. Pumps Private Limited, Crompton Greaves Consumer Electricals

Limited, KSB Limited, Sulzer Pumps India Limited, Texmo Industries, WILO Mather and Platt Pumps Private Limited, Grundfos Pumps India Private Limited,

Shakti Pumps India Limited, WPIL Limited and others. The companies are focusing on extensive research and developments activities to stay competitive in the

market. Other competitive strategies include formation of alliances and partnerships.

“The demand for water-pumps is expected to increase due to the increasing need for industrial wastewater treatment. The increasing infrastructure

developments in India could have a positive impact on the water-pumps market. The development of the industrial and agricultural sectors could increase the

demand for water-pumps sector and the growing dependency on groundwater for irrigation and agricultural purposes in India is also expected to increase the

demand for water-pumps. The Government of India has introduced several policies to promote agricultural growth in the country. These policies range from

subsidized electricity to exemptions on use of solar water pumps. The announcement of such policies has inspired farmers to install independent irrigation

facilities to ensure consistent availability of water, consequently, pushing the demand for water pumps in India.”, said Mr. Karan Chechi, Research Director with

TechSci Research, a research based global management consulting firm.

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17© TechSci Research 17

Sample Data - Snapshot

2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F

Value (USD Million)

India Water Pumps Market Size, By Value (USD Million), 2017-2027F

India End Suction Water Pumps Market Share, By Type, By Value, 2017-2027F

2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F

Utilities Pumps 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%

Process Pumps 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00%

API Pumps 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%

2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F

Borewell Submersible 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%

Multistage 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%

Horizontal Split Case 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00%

End Suction 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00%

Others 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%

India Water Supply Pumps Market Share, By Product Category, By Value, 2017-2027F

Page 18: India Water Pumps Market to Reach USD2275.40 Million until FY2027

18© TechSci Research 18

Report Ordering

Report Name: INDIA WATER PUMPS MARKET

FORECAST AND OPPORTUNITIES

FY2017 – FY2027

To View Sample OR Purchase Report

License Type Price

Single User License $3500

Multi-User License $4500

Custom Research License $7500

Page 19: India Water Pumps Market to Reach USD2275.40 Million until FY2027

About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in

number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The

proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’

model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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