Global Water Pump Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Centrifugal Pump, Reciprocating Pump, and Rotary Pump.

By Application;

Oil & Gas, Refining, Chemical, Water & Wastewater, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn634487234 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Water Pump Market (USD Million), 2021 - 2031

In the year 2024, the Global Water Pump Market was valued at USD 56,254.26 million. The size of this market is expected to increase to USD 78,629.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.

The global water pump market has experienced significant growth in recent years, driven by a combination of technological advancements and increasing demand across various sectors. Water pumps are critical components in a wide range of applications, from residential and commercial buildings to industrial processes and agricultural irrigation. As urbanization and industrialization continue to advance, the need for efficient and reliable water management systems has become more pronounced, fueling the expansion of the market.

One of the primary factors contributing to the market's growth is the rising demand for water supply and wastewater treatment solutions. With the global population steadily increasing, there is an escalating need for effective water management to ensure the availability of clean and safe water. This demand is particularly strong in developing regions, where infrastructure development is underway to meet the growing needs of expanding urban centers and industrial zones.

Technological advancements in water pump design and manufacturing have also played a crucial role in the market's expansion. Innovations such as energy-efficient pumps, smart control systems, and advanced materials have enhanced the performance and reliability of water pumps. These developments not only improve operational efficiency but also contribute to cost savings and environmental sustainability, further driving the adoption of modern water pump solutions.

The water pump market is also benefiting from the increasing focus on sustainability and energy efficiency. Governments and organizations worldwide are implementing regulations and standards aimed at reducing water and energy consumption. As a result, there is a growing preference for pumps that offer high efficiency, low energy consumption, and minimal environmental impact. This trend is expected to continue driving market growth as industries and consumers seek to align with sustainability goals.

The global water pump market is poised for continued growth, supported by ongoing technological advancements, increasing demand for water management solutions, and a heightened focus on sustainability. As the market evolves, it is likely to see further innovations and shifts in demand that will shape its trajectory in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Water Pump Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Infrastructure Development
        3. Technological Advancements
        4. Water Scarcity
      2. Restraints
        1. High Costs
        2. Maintenance Requirements
        3. Energy Consumption
        4. Regulatory Compliance
      3. Opportunities
        1. Smart Technologies
        2. Sustainable Solutions
        3. Emerging Markets
        4. Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Water Pump Market, By Type, 2021 - 2031 (USD Million)
      1. Centrifugal Pump
      2. Reciprocating Pump
      3. Rotary Pump
    2. Global Water Pump Market, By Application, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Refining
      3. Chemical
      4. Water & Wastewater
      5. Others
    3. Global Water Pump Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Gardner Denver
      2. Torishima Pump
      3. The Weir Group
      4. Weatherford International
  7. Analyst Views
  8. Future Outlook of the Market