Global Dewatering Pumps Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global dewatering pumps market size reached US$ 5.8 Billion in 2022. Looking forward, the market is expected to reach US$ 8.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.37% during 2022-2028.

Dewatering pumps are used to remove fluid or unwanted water from deep inside the soil or ground. They are available in different types, ranging from submersible to centrifugal end-suction and well-pointing piston pumps, depending on the media required to be pumped. For instance, drainage pumps are utilized for removing water with abrasives, while sludge pumps are employed for eliminating water with solids. At present, dewatering pumps find application at construction sites wherein dewatering is often required before workers can start sub-surface excavations to create foundations, shoring, and cellar space. They are also used in the mining industry to lower groundwater levels and ensure safe and productive access to minerals.

Dewatering Pumps Market Trends

Rising number of residential and commercial construction activities on account of changing lifestyles, rapid urbanization, and inflating disposable income represents one of the major factors fueling the market growth. In addition, several initiatives undertaken to boost infrastructure development is catalyzing the demand for dewatering pumps for controlling groundwater level and building roads, power plants, bridges, dams, and other infrastructure. Moreover, due to the growing global population, there is a significant increase in energy consumption across the globe. In confluence with this, substantial investments by governing agencies of various countries in underground mining are impelling the growth of the market. Apart from this, the leading market players are offering robust, compact designs with low weight and high capacity and abrasion resistance for efficient handling of dirty water. They are also launching heavy-duty, automated self-dewatering pumps to meet the international quality standards. Furthermore, as they are available in a range of air compressors, diaphragm, and vacuum pump configurations, their demand is escalating worldwide.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global dewatering pumps market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, capacity and application.

Breakup by Type:

• Submersible Dewatering Pumps
• Non-Submersible Dewatering Pumps

Breakup by Capacity:

• 05-3 HP
• 3-10 HP
• 10-50 HP
• Above 50 HP

Breakup by Application:

• Construction and Agriculture
• Oil and Gas
• Municipal
• Mineral and Mining

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Latin America
• Brazil
• Mexico
• Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco AB, Ebara Corporation, Flowserve Corporation, Grundfos Holding A/S, ITT INC., KSB SE & Co. KGaA, Sulzer Ltd., The Gorman-Rupp Company, The Weir Group PLC, Wacker Neuson SE and Xylem.

Key Questions Answered in This Report:

• How has the global dewatering pumps market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global dewatering pumps market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the capacity?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global dewatering pumps market and who are the key players?
• What is the degree of competition in the industry?