Water Pump Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 63.38 Billion
CAGR (2026-2031)	4.51%
Fastest Growing Segment	Positive Displacement Pumps
Largest Market	North America
Market Size (2031)	USD 82.58 Billion

Market Overview

The Global Water Pump Market will grow from USD 63.38 Billion in 2025 to USD 82.58 Billion by 2031 at a 4.51% CAGR. A water pump is a mechanical device designed to transport water by converting rotational or kinetic energy into hydrodynamic energy, serving essential functions in residential, agricultural, and industrial settings. The market’s expansion is primarily supported by substantial capital investments in water and wastewater infrastructure to accommodate rapid urbanization and the necessary upgrading of aging municipal systems. Additionally, the agricultural sector drives demand through the rising need for efficient irrigation solutions to ensure food security, while industrial growth necessitates reliable fluid handling for power generation and chemical processing.

However, the market encounters a significant impediment regarding volatile raw material prices, particularly for steel and copper, which compress manufacturing margins and disrupt pricing strategies. Supply chain instabilities further complicate production schedules, hindering the timely delivery of large-scale projects. According to VDMA, in 2024, global sales of machinery and equipment, a sector integral to water pump manufacturing, amounted to approximately 3.26 trillion euros, reflecting a consolidated yet constrained industrial landscape. Navigating these economic pressures while meeting stringent energy efficiency regulations remains a formidable obstacle for sustained market growth.

Key Market Drivers

Strategic Government Investments in Water Security and Modernization Projects are fundamentally reshaping the market landscape as nations prioritize access to clean water and the replacement of aging infrastructure. Public sector funding is increasingly directed toward retrofitting municipal systems and expanding piped water networks to underserved communities, acting as a critical buffer against industrial volatility. For instance, according to the Economic Times, in February 2025, the Indian central government allocated Rs 67,000 crore to the Jal Jeevan Mission to accelerate rural tap water connections, ensuring high-volume procurement of centrifugal and submersible pumps. This surge in infrastructure spending has directly bolstered the financial performance of leading manufacturers who are capitalizing on the renewed focus on utility resilience. Illustrating this growth trajectory, according to Xylem Inc., in February 2025, the company reported a full-year 2024 revenue of $8.6 billion, driven largely by sustained demand in utility and industrial water applications globally.

Adoption of Solar-Powered Water Pumps in Off-Grid and Remote Regions is simultaneously emerging as a vital driver, particularly within the agricultural sector where energy costs and grid reliability remain persistent challenges. Farmers are rapidly transitioning from diesel-based systems to renewable alternatives to reduce operational expenses and comply with emerging sustainability mandates. This transition is heavily supported by subsidized schemes that incentivize the deployment of standalone renewable systems for irrigation, effectively decoupling agricultural water access from fossil fuel price fluctuations. Highlighting this rapid adoption, according to IBEF, in February 2025, the PM-KUSUM scheme successfully facilitated the installation of 440,000 solar pumps during the fiscal year, reflecting a massive shift toward decentralized, green pumping solutions. Such initiatives not only stabilize demand but also encourage technological innovation in energy-efficient motor designs tailored for variable power inputs.

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Key Market Challenges

Volatile raw material prices, particularly for essential inputs like steel and copper, constitute a substantial barrier to the Global Water Pump Market. This price instability severely impacts cost structures, as manufacturers cannot accurately forecast expenses or guarantee fixed pricing for long-term infrastructure projects. Consequently, the inability to stabilize manufacturing costs forces companies to absorb unpredictable price hikes, which significantly compresses profit margins and deters capital reinvestment into facility upgrades or capacity expansion.

This financial pressure directly impedes the industry's growth trajectory by slowing down manufacturing output and causing delays in project fulfillment. The heightened cost burden leads to a reduction in overall operational activity as companies attempt to mitigate financial risks rather than pursue aggressive market strategies. According to VDMA, in 2025, production in the mechanical engineering sector, which encompasses pump manufacturing, declined by 5 percent due to the adverse effects of rising costs and trade uncertainties. This contraction underscores the magnitude of the challenge, as manufacturers are forced to scale back production volumes in response to the unpredictable economic landscape.

Key Market Trends

Integration of Internet of Things (IoT) for Smart Pump Monitoring is revolutionizing the industry by transitioning operations from reactive repairs to data-driven asset management. Utilities and industrial operators are increasingly deploying sensor-equipped pumps that transmit real-time performance metrics, enabling the early detection of inefficiencies such as leakages or cavitation before they cause critical failures. This digital visibility is particularly crucial for optimizing water distribution networks and minimizing resource loss in aging infrastructure. For instance, according to Xylem Inc., in May 2025, in the '2024 Sustainability Report', the company's smart metering and leak detection technologies enabled customers to reduce more than 3.5 billion cubic meters of non-revenue water since 2019, highlighting the substantial operational improvements achievable through connected monitoring solutions.

Widespread Implementation of Variable Frequency Drives (VFDs) represents a parallel shift toward enhanced energy efficiency and precise process control. Unlike traditional throttling methods, VFDs adjust the pump motor's speed to match fluctuating fluid demand, significantly reducing power consumption and mechanical stress on components. This technology is being rapidly adopted to meet rigorous sustainability mandates and lower the carbon footprint of fluid handling systems. Validating this focus on sustainable performance, according to Grundfos, in February 2025, in the 'Annual Report 2024', the manufacturer achieved a 24 percent reduction in total carbon emissions since its 2020 baseline, underscoring the critical role of energy-efficient technologies in modernizing the water sector.

Segmental Insights

The Positive Displacement Pumps segment is projected to register the fastest growth within the Global Water Pump Market. This trajectory is largely propelled by the increasing necessity for efficient wastewater treatment and sludge management across industrial sectors. Unlike centrifugal alternatives, these pumps possess the unique ability to handle high-viscosity fluids and provide precise chemical dosing, which is critical for modern water processing. Regulatory frameworks established by institutions like the U.S. Environmental Protection Agency regarding water quality are further accelerating the adoption of these systems, as industries seek reliable technology to meet stringent discharge mandates.

Regional Insights

North America holds a dominant position in the Global Water Pump Market, driven by a mature industrial base and substantial investments in modernizing aging public utilities. This leadership is reinforced by strict regulatory frameworks that prioritize energy conservation and operational sustainability. Notably, the U.S. Department of Energy enforces rigorous efficiency standards for commercial and industrial pumps, compelling the replacement of legacy equipment with compliant, energy-efficient models. Furthermore, persistent demand from the oil and gas sector, coupled with essential upgrades to municipal wastewater systems, ensures steady market expansion and solidifies the region’s economic significance.

Recent Developments

In August 2024, Franklin Electric announced significant additions to its FPS submersible wastewater pump portfolio to support the global water pump market. The company introduced new models to its NC Series of solids-handling pumps, extending the performance range up to 20 horsepower to accommodate more demanding commercial and industrial applications. These pumps were designed to handle storm dewatering and sewage transfer with increased capacity and efficiency. The launch also included design enhancements to the company's grinder pump retrofit kits, aimed at streamlining installation processes and providing wastewater professionals with versatile, engineered solutions for tough operating conditions.
In May 2024, Grundfos launched a new generation of its SCALA2 domestic water booster pump, designed to deliver constant water pressure with significantly improved energy efficiency. The updated compact unit featured a permanent magnet motor and advanced hydraulics, enabling homeowners to reduce energy consumption for pressure boosting by as much as 40% compared to traditional pumps. The system was engineered to operate silently and included an intelligent control mechanism that automatically adjusted performance based on inlet pressure and usage. This product release addressed common issues of fluctuating water pressure while minimizing noise and electricity usage in residential properties globally.
In April 2024, Sulzer inaugurated new production lines at its manufacturing facility in Easley, South Carolina, following a strategic investment of over CHF 10 million. The expansion focused on the manufacturing of submersible sewage and grinder pumps, specifically the ABS XFP and ABS Piranha PE models, utilizing local materials and labor. This development enabled the company to strengthen its supply chain and offer products compliant with essential infrastructure regulations. The upgraded facility was designed to improve production efficiencies and reduce lead times for customers in the municipal and industrial water sectors, reinforcing the company’s commitment to the market.
In February 2024, Wilo SE acquired Arfon Rewinds Limited to enhance its service capabilities within the United Kingdom's water management sector. This strategic acquisition allowed the company to expand its portfolio of services, including the installation, repair, and condition monitoring of water pumps. The integration aimed to strengthen Wilo’s regional presence and align with the growing customer demand for comprehensive aftersales support. By incorporating the acquired entity's expertise and workshops, the company solidified its position as a holistic solution provider for water utilities and industrial clients in the region, ensuring a broader service range for its installed pump base.

Key Market Players

Grundfos Holding A/S
Xylem Inc.
Sulzer Ltd.
KSB SE & Co. KGaA
Ebara Corporation
The Weir Group plc
Flowserve Corporation
Wilo SE
ITT Inc.
Kirloskar Brothers Limited

By Type	By Driving Force	By Application	By Region
Centrifugal Pumps Positive Displacement Pumps Others	Electric Driven Engine Driven	Oil & Gas Chemicals Power Generation Water/wastewater Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Water Pump Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Water Pump Market, By Type:

Centrifugal Pumps
Positive Displacement Pumps
Others

Water Pump Market, By Driving Force:

Electric Driven
Engine Driven

Water Pump Market, By Application:

Oil & Gas
Chemicals
Power Generation
Water/wastewater
Others

Water Pump Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Water Pump Market.

Available Customizations:

Global Water Pump Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Water Pump Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Water Pump Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Type (Centrifugal Pumps, Positive Displacement Pumps, Others)

5.2.2. By Driving Force (Electric Driven, Engine Driven)

5.2.3. By Application (Oil & Gas, Chemicals, Power Generation, Water/wastewater, Others)

5.2.4. By Region

5.2.5. By Company (2025)

5.3. Market Map

6. North America Water Pump Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By Driving Force

6.2.3. By Application

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Water Pump Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Type

6.3.1.2.2. By Driving Force

6.3.1.2.3. By Application

6.3.2. Canada Water Pump Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Type

6.3.2.2.2. By Driving Force

6.3.2.2.3. By Application

6.3.3. Mexico Water Pump Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Type

6.3.3.2.2. By Driving Force

6.3.3.2.3. By Application

7. Europe Water Pump Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Driving Force

7.2.3. By Application

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Water Pump Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Type

7.3.1.2.2. By Driving Force

7.3.1.2.3. By Application

7.3.2. France Water Pump Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Type

7.3.2.2.2. By Driving Force

7.3.2.2.3. By Application

7.3.3. United Kingdom Water Pump Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Type

7.3.3.2.2. By Driving Force

7.3.3.2.3. By Application

7.3.4. Italy Water Pump Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Type

7.3.4.2.2. By Driving Force

7.3.4.2.3. By Application

7.3.5. Spain Water Pump Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Type

7.3.5.2.2. By Driving Force

7.3.5.2.3. By Application

8. Asia Pacific Water Pump Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Driving Force

8.2.3. By Application

8.2.4. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Water Pump Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Type

8.3.1.2.2. By Driving Force

8.3.1.2.3. By Application

8.3.2. India Water Pump Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Type

8.3.2.2.2. By Driving Force

8.3.2.2.3. By Application

8.3.3. Japan Water Pump Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Type

8.3.3.2.2. By Driving Force

8.3.3.2.3. By Application

8.3.4. South Korea Water Pump Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Type

8.3.4.2.2. By Driving Force

8.3.4.2.3. By Application

8.3.5. Australia Water Pump Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Type

8.3.5.2.2. By Driving Force

8.3.5.2.3. By Application

9. Middle East & Africa Water Pump Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Driving Force

9.2.3. By Application

9.2.4. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Water Pump Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Type

9.3.1.2.2. By Driving Force

9.3.1.2.3. By Application

9.3.2. UAE Water Pump Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Type

9.3.2.2.2. By Driving Force

9.3.2.2.3. By Application

9.3.3. South Africa Water Pump Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Type

9.3.3.2.2. By Driving Force

9.3.3.2.3. By Application

10. South America Water Pump Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Driving Force

10.2.3. By Application

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Water Pump Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Type

10.3.1.2.2. By Driving Force

10.3.1.2.3. By Application

10.3.2. Colombia Water Pump Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Type

10.3.2.2.2. By Driving Force

10.3.2.2.3. By Application

10.3.3. Argentina Water Pump Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Type

10.3.3.2.2. By Driving Force

10.3.3.2.3. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Water Pump Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Grundfos Holding A/S

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Xylem Inc.

15.3. Sulzer Ltd.

15.4. KSB SE & Co. KGaA

15.5. Ebara Corporation

15.6. The Weir Group plc

15.7. Flowserve Corporation

15.8. Wilo SE

15.9. ITT Inc.

15.10. Kirloskar Brothers Limited

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Water Pump Market in 2025?

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