India Vertical Turbine Water Pumps Market is Expected to Register a 6.10% CAGR Through 2030
Increasing Water Demand for Agricultural Irrigation and Government
Initiatives for Water Conservation & Management are likely to propel the market
during the forecast period.
According to
TechSci Research report, “India Vertical Turbine Water Pumps Market –
By Region, Competition, Forecast and Opportunities, 2020-2030F”, India Vertical Turbine Water Pumps Market was
valued at USD 2.50 Billion in 2024 and is expected to reach USD 3.60 Billion by
2030 with a CAGR of 6.10% during the forecast period.
The growing
demand for water in India's agricultural sector is one of the major drivers of
the vertical turbine water pump market. Agriculture remains the backbone of
India's economy, with a significant portion of the population engaged in
farming. However, as agricultural practices evolve and the need for increased
food production rises to meet the demands of a growing population, efficient
irrigation systems become more crucial.
Vertical
turbine pumps are particularly beneficial in areas where the water table is
deep, such as in rural and semi-urban areas across India. These pumps can lift
water from deep underground reservoirs and wells, making them essential for
irrigation in water-scarce regions. With the increasing unpredictability of
monsoon patterns due to climate change, farmers are increasingly turning to
groundwater to meet their irrigation needs. This further drives the demand for
vertical turbine water pumps, which are highly efficient in pumping large
quantities of water from deep sources. In addition, the Indian government has
been implementing several initiatives to promote efficient water usage in
agriculture. Schemes such as the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)
focus on improving irrigation infrastructure and water management. These
schemes often encourage the use of modern technologies, including vertical
turbine pumps, which are capable of delivering water more efficiently compared
to traditional methods.
Advancements
in pump technology have made vertical turbine water pumps more affordable and
efficient. Their ability to provide consistent water flow with minimal energy
consumption is appealing to farmers who are increasingly concerned with
reducing operational costs. As agricultural practices shift towards more
sustainable and efficient models, vertical turbine pumps will continue to play
a pivotal role in ensuring a stable and reliable water supply for irrigation.
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Based
on Product, Line Shaft held the largest market share in 2024. In the India Vertical Turbine Water Pumps
market, Line Shaft Pumps dominate due to several key advantages that make them
particularly well-suited for the country's diverse water pumping needs,
especially in deep well applications. Line shaft pumps are known for their
ability to effectively transport water from deep underground sources, making
them the preferred choice for sectors like agriculture, municipal water supply,
and industrial water management.
One
of the primary reasons for the dominance of line shaft pumps is their
capability to handle deep-well applications. India faces significant challenges
related to groundwater depletion, particularly in areas with deep aquifers.
Line shaft pumps are specifically designed for use in these situations, where
other types of pumps, such as submersible pumps, might be less efficient or
cost-effective. The vertical design of line shaft pumps allows them to pump
water from great depths, which is crucial for irrigation in water-scarce
regions and for industries reliant on deep groundwater sources.
line
shaft pumps are renowned for their durability and reliability. In the harsh
conditions often encountered in agricultural and industrial environments, the
robust construction of line shaft pumps ensures long-term, uninterrupted
operation. The pumps require relatively lower maintenance compared to
submersible pumps, particularly in applications where the water contains debris
or particulate matter, which can easily damage submersible motors.
Additionally, the line shaft design allows for easier maintenance, as
components such as bearings, shafts, and impellers are accessible above the
ground, minimizing downtime and reducing repair costs.
Based on region,
North India is the fastest-growing region in the India Vertical Turbine Water
Pumps market due to several factors that drive both agricultural and industrial
demand for efficient water management solutions.
The region
experiences a high dependence on groundwater, particularly in states like
Punjab, Haryana, Uttar Pradesh, and Rajasthan, where irrigation is primarily
sustained by deep-well pumping. With the growing population and increasing
agricultural demands, there is an urgent need for efficient irrigation systems
to boost crop yields. Vertical turbine pumps, particularly mixed flow pumps,
are well-suited for this purpose, as they can efficiently lift water from deep
groundwater reserves, making them an essential tool for farming operations in
this region.
North India
faces significant challenges related to erratic rainfall patterns and water
scarcity, especially in the arid and semi-arid areas of Rajasthan and parts of
Haryana. This has led to an increased reliance on groundwater, further driving
the demand for vertical turbine pumps. As climate change exacerbates water
shortages, farmers and industries are looking for more reliable and sustainable
pumping solutions, further contributing to the market's growth in the region.
The
industrialization and urbanization trends in North India also play a key role.
Rapid urban development in cities like Delhi, Chandigarh, and Jaipur has
escalated the demand for water supply and wastewater management systems,
creating opportunities for vertical turbine pumps in municipal water
distribution networks. Moreover, industrial sectors such as textiles,
chemicals, and manufacturing are expanding, increasing the need for water pumps
in cooling and processing operations.
Major companies
operating in the India Vertical Turbine Water Pumps Market are:
- Pentair PLC
- KSB SE &
Co. KGaA
- Flowserve
Corporation
- Xylem
- Sulzer Ltd.
- Shakti Pumps
(India) Ltd.
- Grundfos
Holding A/S
- Franklin
Electric Co., Inc.
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“The India Vertical Turbine Water Pumps
market presents significant growth opportunities driven by the increasing
demand for efficient water management in agriculture, industry, and municipal
sectors. Key opportunities include the adoption of solar-powered pumps,
supported by government initiatives like the PM-KUSUM scheme, and the
integration of IoT-based smart monitoring systems for enhanced performance and
cost savings. Additionally, rising awareness of energy-efficient solutions and
the need for sustainable water practices in rural and urban areas further fuel
market potential. As water scarcity concerns grow, vertical turbine pumps offer
a reliable and efficient solution, creating favorable conditions for market
expansion.” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based global management consulting firm.
“India Vertical Turbine
Water Pumps Market, By Type (Mixed Flow, Axial Flow,
Radial Flow), By Product (Canned Motor, Submersible, Line Shaft), By
Application (Municipal Water, Irrigation, Industrial, Fire Fighting, Water
Treatment, Mining, Oil & Gas), By Component (Impellers, Bowls, Shafts,
Column Pipes, Discharge Heads), By Region, Competition, Forecast &
Opportunities, 2020-2030F”,
has evaluated the future growth potential of India Vertical Turbine 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 Vertical Turbine Water
Pumps Market.
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