India Multistage Water Pumps Market is Expected to Register a 6.10% CAGR Through 2030
Increasing Demand for Water Supply & Infrastructure
Development and Growth in Agricultural Activities & Irrigation Needs are
likely to propel the market during the forecast period.
According to
TechSci Research report, “India Multistage Water Pumps Market – By Region,
Competition, Forecast and Opportunities, 2020-2030F”, India Multistage Water Pumps Market was valued
at USD 863 Million in 2024 and is expected to reach USD 1,242 Million by 2030
with a CAGR of 6.10% during the forecast period.
India’s
growing population and rapid urbanization have significantly increased the
demand for reliable water supply systems. Multistage water pumps play a vital
role in ensuring efficient water distribution across urban and rural areas.
Government initiatives such as the Jal Jeevan Mission, which aims to provide
piped water to every household, have further accelerated the deployment of
water pumps. Similarly, the development of smart cities and large-scale
infrastructure projects has created a consistent demand for high-performance
pumping systems capable of handling varying flow and pressure requirements.
With water scarcity becoming a pressing concern in many regions, multistage
pumps, known for their energy efficiency and high-pressure capabilities, are an
ideal choice for sustainable water management solutions.
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Based
on End Use, Industrial held the largest market share in 2024. The industrial sector dominates the India
multistage water pumps market due to its extensive and diverse demand for
high-performance pumping solutions across various applications. Industries such
as power generation, oil and gas, chemical processing, manufacturing, and
mining rely heavily on multistage pumps for their ability to deliver consistent
high-pressure output, energy efficiency, and reliability in demanding
environments.
One
of the key factors driving this dominance is the growing industrialization in
India, spurred by government initiatives like "Make in India" and
infrastructure development projects. These initiatives have led to an expansion
in manufacturing facilities, power plants, and processing industries, all of
which require advanced pumping solutions for critical processes like boiler
feed, cooling, and water circulation.
Multistage
pumps are indispensable in industries where precision and efficiency are
paramount. For instance, in the power generation sector, these pumps play a
critical role in feeding boilers with high-pressure water. Similarly, in the
oil and gas and chemical industries, multistage pumps are used to handle the
transportation of liquids under varying pressures and conditions, often
requiring robust materials and designs to withstand corrosive and
high-temperature environments.
Another
contributing factor is the rising focus on energy efficiency within the
industrial sector. With energy costs accounting for a significant portion of
operational expenses, industries are increasingly adopting energy-efficient
multistage pumps to optimize performance and reduce costs. The integration of
IoT-enabled smart technologies further enhances the appeal of multistage pumps,
allowing industries to monitor and maintain their systems efficiently.
Based on region,
North India is the
fastest-growing region in the India multistage water pumps market due to
several key factors driving demand across various sectors. One of the primary
reasons is the region’s rapid urbanization and infrastructure development.
Cities like Delhi, Chandigarh, Jaipur, and Lucknow are experiencing significant
population growth, resulting in an increased demand for efficient water supply
systems. The need for reliable water distribution to both urban and rural areas
is a major driver for the adoption of multistage pumps, which offer
high-pressure and reliable water flow.
The
agricultural sector in North India, particularly in states like Punjab,
Haryana, and Uttar Pradesh, remains crucial to the region's economy. However,
these states are increasingly facing challenges like erratic rainfall and
depleting groundwater resources. As a result, farmers are turning to multistage
water pumps, especially for irrigation purposes, to lift water from deeper
wells and provide efficient water supply for crops. Government initiatives like
the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) and the PM-KUSUM scheme,
which promotes solar-powered pumps for agriculture, have also spurred the
demand for high-performance, energy-efficient multistage pumps.
North
India also benefits from the region’s industrial growth. With a significant
presence of industries such as power generation, textiles, chemicals, and food
processing, the demand for multistage pumps for water circulation, cooling, and
boiler feed applications is increasing. Additionally, the increasing focus on
wastewater treatment and managing industrial effluents has further driven the
need for these pumps.
Major companies
operating in the India Multistage Water Pumps Market are:
- Grundfos Holding A/S
- KSB SE & Co. KGaA
- Sulzer Ltd.
- Flowserve Corporation
- Xylem
- Pentair PLC
- Schneider Electric SE
- Shakti Pumps (India) Ltd.
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“The India multistage water pumps market
presents significant growth opportunities driven by rapid urbanization,
infrastructure development, and increasing demand for efficient water
management systems. Government initiatives like the Jal Jeevan Mission and
PM-KUSUM are creating avenues for adoption in municipal, agricultural, and
renewable energy applications. The rising focus on industrialization, coupled
with advancements in energy-efficient and IoT-enabled smart pump technologies,
further enhances market potential. Expanding applications across industries
such as power, manufacturing, and water treatment underscore the need for
high-performance solutions. Additionally, the growing emphasis on
sustainability and renewable energy integration positions the market for
continued growth and innovation.” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based global management consulting firm.
“India Multistage Water
Pumps Market, By Application (Water Supply, Oil Gas,
Wastewater Treatment, Chemical Processing), By End Use (Residential,
Commercial, Industrial), By Pump Type (Vertical Multistage Pumps, Horizontal
Multistage Pumps, Submersible Multistage Pumps), By Material (Stainless Steel,
Cast Iron, Plastic, Bronze), By Region, Competition, Forecast &
Opportunities, 2020-2030F”,
has evaluated the future growth potential of India Multistage Water Pumps
Market and provides statistics & information on Market size, structure and
future Market growth. The report intends to provide cutting-edge Market
intelligence and help decision-makers make sound investment decisions., The
report also identifies and analyzes the emerging trends along with essential
drivers, challenges, and opportunities in the India Multistage Water Pumps
Market.
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