Dewatering Pump Market: 5.2% CAGR and US$ 12,213.6 Million Projected by 2033

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The global Dewatering Pumps Market is a fairly concentrated market, with the organised sector accounting for approximately 49 percent of the global market, followed by Tier 2 and small scale manufacturers. The manufacturers’ primary goal has been to increase their market footprint by expanding their product portfolio and strengthening their sales and distribution network.

To benefit from scale economies, major market players are moving their production hubs to Asia Pacific. As is common, there is a trend towards consolidation in the global market. Recently, there have been a number of mergers; this trend is anticipated to continue in the upcoming years, with profitability continuing to be the key motivator behind these purchases.

Long-term tie-ups with EPC (Engineering Procurement and Construction) companies are expected to provide high and stable sales to international manufacturers of dewatering pump. Most sales of small and medium capacity pumps take place through distributors and retailers, which generally hold multi-branded & wide variety products at their shelves.

Significant chances for expansion can be found by offering integrated offerings through a wide variety of products and building a solid distribution and after-sales support network at the local and regional levels. Strong emphasis on life-cycle costs analysis, including lowering operating costs through energy-efficient solutions, is crucial for product differentiation in order to achieve a competitive edge.

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According to the report by Future Market Insights (FMI), the global dewatering pumps market is expected to witness a CAGR of 5.2% from 2018 to 2028. In 2017, the market was worth US$ 5,498.6 Mn and is expected to rise to a valuation of US$ 9,510.2 Mn by the end of 2028.

Burgeoning Exploration Activities for New Sources of Water to Trigger High Demand

Governments of emerging economies in Asia Pacific and MEA, particularly in countries such as South Africa, Morocco and the UAE, are focusing on improving drinking water facilities in urban as well as rural areas. Also, exploration of new water sources is expected to increase sales of pumps with enhanced capacity and efficiency for agricultural and domestic applications. Desalinization projects are also expected to contribute to adoption of pumps, as most parts of the globe still lack the basic facility of running water.

An estimated 60% of the world is still without running water. ASEAN region is witnessing increase in water supply and sanitation projects by governments, which is likely to boost sales of centrifugal pumps for domestic and agricultural applications. It has been estimated that only 50% of the global population has access to drinking water from a piped connection providing running water in their homes or compounds. As per the analyst, the demand for dewatering pumps across the globe, especially in ASEAN countries will increase owing to these reasons.

Market Taxonomy

By Equipment

  • Civic Infrastructure Construction
    • Commercial Construction
    • Tunnels
  • Mining & Metals
  • Paper & Pulp
  • Chemicals
  • Power Generation
  • Food & Beverages
  • Municipal
  • Others

By Capacity

  • 5-3 hp
  • 3-10 hp
  • 10-50 hp
  • Above 50 hp

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Middle East & Africa
  • China
  • South East Asia & Pacific (SEAP)
  • India
  • Japan

By Application

  • Sludge Pumps
  • Slurry Pumps
  • Drainage Pumps
  • Hybrid Pumps

By Technology

  • Positive Displacement Type
  • Centrifugal Type

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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