The India
Water Pumps Market is anticipated
to grow at a steady pace and register a robust CAGR in
the forecast period, 2024-2028.
Water pumps are mechanical or electromechanical
devices, which are used to create a pressure differential in order to transfer
water via pipes or hoses. Electricity and other forms of power, such as
gasoline engines, are used to power them. In rural settings, like the desert,
they can also be powered by solar panels. Water pumps are currently widely used
to deliver water across India in the municipal, industrial, agricultural, and
residential sectors.
The India water pumps market is being driven by rapid
urbanization, which is fueling strong development in both the home and
commercial segments. The dependence on groundwater and the unpredictable nature
of the monsoon are growing problems for agriculture, a key driver of economic
growth. The country's use of water pumps will
increase as a result of government attempts to enhance sanitation and water
delivery services nationwide. The "smart cities" initiative of the
Modi administration would significantly increase India's need for water pumps.
The demand for efficient water pumps in the field to
carry out different irrigation processes, including drip and sprinklers, has
increased due to the rapid investments and development in India's agricultural
activities. This in turn serves as one of the main drivers of the India water
pumps market's expansion. Moreover ,The Government of India (GoI) has also
taken positive steps to install wastewater treatment solutions across several
industrial verticals for discharging wastewater, stormwater, sewage, and
mechanically treated water at high speeds through pipes, which is assisting the
market growth. Additionally, the rising environmental concerns have prompted
these actions. India's markets are being positively stimulated by
the rising demand for water pumps in the construction industry, the widespread
installation of desalination plants to address water shortage issues, and the
rising demand for clean water in both residential and commercial
establishments. Rising investment in agriculture is expected to boost market
growth in the upcoming years.
Growing investment in agricultural infrastructure is
among the main drivers of the market's expansion in India. Water pumps can be
used for drip, sprinkler, and hose pipe irrigation and assist in moving water
from the source to the agricultural area. The Indian government is also
implementing plans, changes, policies, and programmes to boost farmers'
earnings and the nation's total agricultural output. The market is being driven
by this as well as the increased reliance on groundwater for other agricultural
uses. In addition, the construction of sewage treatment facilities (STPs) in
India has increased significantly. These facilities often rely on municipal
wastewater pumps, commonly referred to as sewage pumps, to move sewage, sludge,
rainwater, and wastewater that has undergone mechanical treatment from
treatment tanks. In addition, due to severe water shortages, the government is
concentrating on expanding desalination facilities. Water pumps are also used
on building sites to remove extra water that has accumulated because of a lot
of rain or a high water table. This is accelerating the need for water pumps in
India, together with the expanding building industry. Market expansion is
projected to be fuelled by elements including rapid industrialization and the
increasing need for clean drinking water.