The North America Water Pump Market should witness market growth of 3.8% CAGR during the forecast period (2022-2028).
The usage of water pumps is anticipated to increase due to government initiatives to enhance water supply, sanitation, and infrastructure. Along with several government programs for reinforcing and improving existing structures, there is an increased emphasis on constructing desalination and wastewater treatment facilities throughout the nation. New infrastructure developments are other significant factors anticipated to drive water pump demand in India over the projected period.
As out-of-date pumps and water pumps are modernized in industrial applications, the need for new, high-efficiency water pumps is expected to increase. In addition, replacing diesel pumps with electric ones is another significant factor that will favorably impact the water pump market. Manufacturers and service providers of water pumps, particularly, stress the need to take advantage of this expanding demand.
A lot of American governments are also promoting the creation of smart cities and, consequently, the use of intelligent water pumps. Therefore, the increase in government-sponsored smart city projects is another factor influencing market demand. Increased domestic activity in developing economies like Canada and the United States is projected to stimulate market expansion for water pumps in the region. Also, growing government initiatives in the US to recycle wastewater are predicted to positively impact the North American water pump market during the anticipated timeframe.
The US market dominated the North America Water Pump Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14,410 Million by 2028. The Canada market is poised to grow at a CAGR of 5.8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 5.5% during (2022-2028).
Based on Type, the market is segmented into Centrifugal and Positive Displacement. Based on Driving Force, the market is segmented into Electric Driven and Engine Driven. Based on Application, the market is segmented into Oil & Gas, Water & Wastewater, Chemicals, Power Generation and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Atlas Copco AB, Baker Hughes Company, Flowserve Corporation, Grundfos Holding A/S, Sulzer Ltd., Ebara Corporation, Xylem, Inc., KSB SE & Co. KGaA, Kirloskar Brothers Limited (Kirloskar Group), and Husqvarna Group.
The usage of water pumps is anticipated to increase due to government initiatives to enhance water supply, sanitation, and infrastructure. Along with several government programs for reinforcing and improving existing structures, there is an increased emphasis on constructing desalination and wastewater treatment facilities throughout the nation. New infrastructure developments are other significant factors anticipated to drive water pump demand in India over the projected period.
As out-of-date pumps and water pumps are modernized in industrial applications, the need for new, high-efficiency water pumps is expected to increase. In addition, replacing diesel pumps with electric ones is another significant factor that will favorably impact the water pump market. Manufacturers and service providers of water pumps, particularly, stress the need to take advantage of this expanding demand.
A lot of American governments are also promoting the creation of smart cities and, consequently, the use of intelligent water pumps. Therefore, the increase in government-sponsored smart city projects is another factor influencing market demand. Increased domestic activity in developing economies like Canada and the United States is projected to stimulate market expansion for water pumps in the region. Also, growing government initiatives in the US to recycle wastewater are predicted to positively impact the North American water pump market during the anticipated timeframe.
The US market dominated the North America Water Pump Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14,410 Million by 2028. The Canada market is poised to grow at a CAGR of 5.8% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 5.5% during (2022-2028).
Based on Type, the market is segmented into Centrifugal and Positive Displacement. Based on Driving Force, the market is segmented into Electric Driven and Engine Driven. Based on Application, the market is segmented into Oil & Gas, Water & Wastewater, Chemicals, Power Generation and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Atlas Copco AB, Baker Hughes Company, Flowserve Corporation, Grundfos Holding A/S, Sulzer Ltd., Ebara Corporation, Xylem, Inc., KSB SE & Co. KGaA, Kirloskar Brothers Limited (Kirloskar Group), and Husqvarna Group.
Scope of the Study
By Type
- Centrifugal
- Positive Displacement
By Driving Force
- Electric Driven
- Engine Driven
By Application
- Oil & Gas
- Water & Wastewater
- Chemicals
- Power Generation
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Atlas Copco AB
- Baker Hughes Company
- Flowserve Corporation
- Grundfos Holding A/S
- Sulzer Ltd.
- Ebara Corporation
- Xylem, Inc.
- KSB SE & Co. KGaA
- Kirloskar Brothers Limited (Kirloskar Group)
- Husqvarna Group
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Water Pump Market, by Type
1.4.2 North America Water Pump Market, by Driving Force
1.4.3 North America Water Pump Market, by Application
1.4.4 North America Water Pump Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisition and Mergers : 2018, Apr - 2023, Jan) Leading Players
Chapter 4. North America Water Pump Market by Type
4.1 North America Centrifugal Market by Country
4.2 North America Positive Displacement Market by Country
Chapter 5. North America Water Pump Market by Driving Force
5.1 North America Electric Driven Market by Country
5.2 North America Engine Driven Market by Country
Chapter 6. North America Water Pump Market by Application
6.1 North America Oil & Gas Market by Country
6.2 North America Water & Wastewater Market by Country
6.3 North America Chemicals Market by Country
6.4 North America Power Generation Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Water Pump Market by Country
7.1 US Water Pump Market
7.1.1 US Water Pump Market by Type
7.1.2 US Water Pump Market by Driving Force
7.1.3 US Water Pump Market by Application
7.2 Canada Water Pump Market
7.2.1 Canada Water Pump Market by Type
7.2.2 Canada Water Pump Market by Driving Force
7.2.3 Canada Water Pump Market by Application
7.3 Mexico Water Pump Market
7.3.1 Mexico Water Pump Market by Type
7.3.2 Mexico Water Pump Market by Driving Force
7.3.3 Mexico Water Pump Market by Application
7.4 Rest of North America Water Pump Market
7.4.1 Rest of North America Water Pump Market by Type
7.4.2 Rest of North America Water Pump Market by Driving Force
7.4.3 Rest of North America Water Pump Market by Application
Chapter 8. Company Profiles
8.1 Atlas Copco AB
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.5.2 Geographical Expansions:
8.2 Baker Hughes Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.3 Flowserve Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Acquisition and Mergers:
8.4 Grundfos Holding A/S
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.5 Sulzer Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.6 Ebara Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.5.2 Geographical Expansions:
8.7 Xylem, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 KSB SE & Co. KGaA
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Product Launches and Product Expansions:
8.8.4.2 Acquisition and Mergers:
8.9 Kirloskar Brothers Limited (Kirloskar Group)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Product Launches and Product Expansions:
8.10. Husqvarna Group
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
Companies Mentioned
- Atlas Copco AB
- Baker Hughes Company
- Flowserve Corporation
- Grundfos Holding A/S
- Sulzer Ltd.
- Ebara Corporation
- Xylem, Inc.
- KSB SE & Co. KGaA
- Kirloskar Brothers Limited (Kirloskar Group)
- Husqvarna Group
Methodology
LOADING...
