The India Industrial Pump Market Report is Segmented by Pump Type (Centrifugal, and Positive-Displacement), End-User Industry (Oil and Gas, Water and Wastewater, Chemicals and Petrochemicals, Power Generation, Mining, and More), Driver Type (Electric-Motor Driven, Engine-Driven, and Solar-Powered), Installation (Surface Pumps, and Submersible Pumps), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

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India Sanitary Pumps Market Size 2024-2028

The india sanitary pumps market size is forecast to increase by USD 31.1 million at a CAGR of 4.7% between 2023 and 2028.

The market is witnessing significant growth, driven by the increasing demand from the food and beverage industry. This sector's expansion is primarily due to the rising awareness of food safety and hygiene regulations. In addition, the growing preference for twin-screw pumps, known for their superior performance and ability to handle viscous and high-shear applications, is fueling market growth. Moreover, the trend towards repair and remanufacture and rental model for pump procurement is gaining traction in India. This shift is driven by the need for cost savings and operational efficiency, especially among small and medium-sized enterprises. However, the market is not without challenges, including the high initial investment cost and the availability of counterfeit products in the market. To capitalize on the market opportunities and navigate these challenges effectively, companies need to focus on offering competitive pricing, ensuring product quality, and providing excellent after-sales service. By doing so, they can establish a strong market presence and build long-term customer relationships.

What will be the size of the India Sanitary Pumps Market during the forecast period?

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The sanitary pumps market is experiencing significant growth, driven by the increasing demand for hygiene and cleanliness in various industries, including pharmaceutical, cosmetic, and food processing. Machine learning algorithms and lean manufacturing practices are being integrated into smart pumps to enhance their performance and efficiency. Hygiene requirements in these industries necessitate the use of chemicals and air power sources, making energy-efficient pumps a priority. Fluid handling systems are becoming increasingly sophisticated, with sensors and IoT connectivity enabling predictive maintenance technology. Value-added services, such as self-diagnostic capabilities, are also gaining popularity. The market for sanitary pumps is expanding in sectors like biotechnology and biopharmaceutical, where stringent regulations and high standards for fluid handling are essential. Stainless steel sanitary pumps are a preferred choice due to their durability and resistance to corrosion. The market for fluid handling solutions is expected to grow, with automated pumps and single-use systems becoming more common in beverages and other industries. IIOT technology is transforming the industry by enabling real-time monitoring and optimization of pump performance.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ProductPD sanitary pumpCentrifugal sanitary pumpEnd-userFood and beveragePharmaceuticalOthersGeographyNorth AmericaEuropeMiddle East and AfricaAPACIndiaSouth AmericaRest of World (ROW)

By Product Insights

The pd sanitary pump segment is estimated to witness significant growth during the forecast period.

Sanitary pumps, specifically positive displacement (PD) pumps, play a significant role in various industries, including food and beverage and pharmaceutical sectors. PD pumps, which utilize rollers, gears, or impellers to transfer fluids into a fixed cavity, offer continuous flow regardless of pressure changes. This feature is essential in applications where maintaining consistent fluid flow is crucial. The PD sanitary pumps market experiences growth due to the introduction of advanced types, such as twin-screw pumps. These pumps cater to the increasing demand for hygienic and efficient fluid handling solutions in industries with stringent hygiene requirements, like food processing and pharmaceuticals. Stainless steel, a popular material for sanitary pumps, ensures durability and resistance to corrosion. Lean manufacturing practices and the integration of Internet of Things (IoT) technologies, such as remote monitoring systems and predictive maintenance, further enhance the market's growth. Additionally, the demand for eco-friendly pumps and automated systems is on the rise, driven by the increasing focus on sustainability and the need for streamlined operations. The use of materials like Hastelloy, Titanium, and Ceramic in pump manufacturing caters to various industry-specific needs. Moreover, the biotechnology and biopharmaceutical industries rely on value-added services, such as cleaning-in-place (CIP) and sterilization-in-place (SIP), to ensure product purity and maintain regulatory compliance. Centrifugal pumps and peristaltic pumps are also widely used in these industries due to their unique advantages. In the water treatment sector, the focus on water management systems and ener

Discover the booming India Industrial Pump Market, projected to reach $0.93 billion in 2025 with a 4.80% CAGR. This in-depth analysis explores market drivers, trends, restraints, key players (Kirloskar, Grundfos, Crompton Greaves), and regional insights. Learn about growth opportunities and challenges in this dynamic sector. Key drivers for this market are: 4., Growing Industrialization4.; Government Initiatives. Potential restraints include: 4., High Initial Investment. Notable trends are: Centrifugal Pump Expected to Dominate the Market Growth.

This statistic displays the market share of domestic pumps by Crompton Greaves Consumer Electricals Limited across India from fiscal year 2017 to fiscal year 2019. The market share of Crompton Greaves' domestic pumps in fiscal year 2019 was estimated to be more than ** percent as opposed to ** percent in fiscal year 2017.

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Submersible Pump Market Size 2025-2029

The submersible pump market size is forecast to increase by USD 6.23 billion, at a CAGR of 4.7% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the burgeoning construction sector. The pump industry's expansion is fueled by increasing infrastructure development and a rising demand for water infrastructure projects, particularly in emerging economies. Another key trend shaping the market is the integration of Internet of Things (IoT) technology in the oil and gas industry. This technological advancement enables real-time monitoring and predictive maintenance, enhancing operational efficiency and reducing downtime. However, the market faces a notable challenge high ownership and maintenance costs.
To mitigate this obstacle, manufacturers and service providers must focus on developing cost-effective solutions and offering comprehensive maintenance services to attract and retain customers. Companies that successfully navigate these dynamics and capitalize on market opportunities will be well-positioned to thrive in the evolving the market landscape.

What will be the Size of the Submersible Pump Market during the forecast period?

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The market continues to evolve, driven by the diverse requirements of various sectors and the ongoing pursuit of efficiency, reliability, and sustainability. Dry rotor pumps and vertical turbine pumps are among the solutions that cater to different head pressure needs, with applications ranging from construction projects to water treatment and industrial processes. Flow rate and power consumption are crucial factors influencing pump selection, with advancements in impeller design, motor protection, and pump control systems leading to optimization and energy savings. Installation services and maintenance are essential for ensuring optimal performance, while safety standards and environmental regulations shape the market landscape.

Advanced controls, fluid dynamics, and cloud-based monitoring are shaping the future of the industry, enabling real-time data analysis and predictive maintenance. The continuous unfolding of market activities and evolving patterns is reflected in the development of corrosion-resistant materials, such as stainless steel construction, and the integration of smart pumps and remote monitoring systems. The market is a dynamic and ever-evolving space, with ongoing innovation and adaptation to meet the demands of diverse industries and applications.

How is this Submersible Pump Industry segmented?

The submersible pump industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Electric
  Hydraulic
  Air-driven


Application

  Borewell
  Openwell


Power Rating

  5 to 15 HP
  1 to 5 HP
  Below 1 HP
  Above 15 HP


Product Type

  Multi stage
  Single stage


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Russia
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The electric segment is estimated to witness significant growth during the forecast period.

Electric submersible pumps, a critical component in the oil and gas industry, utilize electric motors to power multistage pumps, enabling the extraction of resources from wells. These pumps are particularly valuable in upstream oil and gas exploration and production (E&P) applications. Corrosion-resistant coatings ensure their durability in extreme temperatures. The oil and gas sector has experienced a downturn due to fluctuating oil and gas prices since 2019. Efficiency ratings play a significant role in the selection of electric submersible pumps. Abrasion resistance is essential for pumps used in demanding environments, such as water well applications and mining operations.

Smart pumps and advanced controls optimize pumping performance and reduce energy consumption. Motor protection systems ensure safe and reliable operation. High-head pumps and low-head pumps cater to various applications, including flood control, irrigation systems, and water treatment. Discharge capacity, pressure head, and power consumption are crucial factors in determining the appropriate pump for a specific application. Cast iron and stainless steel construction provide durability and resistance to corrosion and abrasion. Pressure gauges and water level sensors facilitate monitoring and maintenance services. Environmental regulations necessitate the use of energy-efficient pumps and sustainable solutions. Three-phase pumps and cloud-based monitorin

The Indian vacuum pump market plummeted to $683M in 2024, which is down by -25.9% against the previous year. Over the period under review, consumption, however, posted perceptible growth. Over the period under review, the market hit record highs at $1.8B in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

Discover the booming India Sanitary Pumps Market! This comprehensive analysis reveals a $120.47 million market in 2025, projected to grow at a 4.7% CAGR until 2033. Learn about key drivers, trends, leading companies (Alfa Laval, GEA, Sulzer), and market segmentation in food & beverage, pharma, and other sectors.

The global submersible pump market, valued at $23.13 billion in 2025, is projected to experience robust growth, driven by increasing demand across diverse sectors. The market's Compound Annual Growth Rate (CAGR) of 4.54% from 2025 to 2033 indicates a significant expansion over the forecast period. Key drivers include the rising need for efficient water management in agriculture (irrigation) and industrial applications, coupled with escalating urbanization and infrastructure development projects globally. The expanding adoption of electric submersible pumps, owing to their energy efficiency and reduced maintenance compared to hydraulic or air-driven counterparts, is a significant trend shaping market dynamics. Growth is further fueled by technological advancements leading to improved pump durability, higher efficiency, and enhanced automation capabilities. However, the market faces certain restraints, including fluctuating raw material prices, stringent environmental regulations, and the high initial investment costs associated with advanced submersible pump technologies. Market segmentation reveals a strong preference for electric submersible pumps, particularly in borewell applications, reflecting a broader shift towards sustainable and cost-effective water management solutions. Geographically, APAC (Asia-Pacific), specifically China and India, is expected to dominate the market due to rapid industrialization and expanding agricultural sectors. North America and Europe also represent substantial market segments, driven by robust infrastructure development and consistent demand from various industrial applications. Competitive dynamics are characterized by the presence of both established international players and regional manufacturers. The market is witnessing increased competition based on pricing, technological innovation, and after-sales service, driving overall market growth and efficiency. The competitive landscape is dynamic, with key players focusing on strategic partnerships, acquisitions, and technological advancements to enhance their market share. Companies are increasingly investing in research and development to introduce innovative products tailored to specific applications and regions. Effective supply chain management and distribution networks are crucial for success in this market. The industry is also experiencing an increasing focus on sustainability and environmentally friendly solutions, responding to growing global awareness and stringent regulations. This focus on sustainability is further driving the adoption of energy-efficient electric submersible pumps and innovative designs to minimize environmental impact. Future market growth will heavily depend on factors such as government policies promoting water conservation, technological advancements, and the overall global economic outlook.

The India centrifugal pumps market is set to experience robust growth over the next decade, with its market value projected to rise from USD 1,380.9 million in 2025 to USD 2,716.5 million by 2035, reflecting a CAGR of 7.0%.

Metric	Value
Industry Size (2025E)	USD 1,380.9 million
Industry Value (2035F)	USD 2,716.5 million
CAGR (2025 to 2035)	7.0%

State Wise Analysis

State	CAGR (2025 to 2035)
Maharashtra	7.3%

State	CAGR (2025 to 2035)
Gujarat	7.5%

State	CAGR (2025 to 2035)
Tamil Nadu	7.2%

State	CAGR (2025 to 2035)
Uttar Pradesh	6.8%

State	CAGR (2025 to 2035)
Karnataka	7.1%

Competitive Outlook

Company Name	Estimated Market Share (%)
Kirloskar Brothers Ltd. (KBL)	15-18%
Grundfos	10-13%
KSB Pumps	9-12%
CRI Pumps	7-10%
Shakti Pumps	6-9%
Flowserve	5-8%
WPIL Ltd.	4-7%
Texmo Industries	3-6%
Other Domestic & Regional Players	30-40%

Snapshot img { margin: 10px !important; } India Solar Pump Market Size 2025-2029

The India solar pump market size is forecast to increase by USD 586.6 million at a CAGR of 10.3% between 2024 and 2029.

The solar pump market in India is advancing significantly, driven by a rising dependence on renewable energy sources to address challenges in agricultural efficiency and water management. Solar-powered systems, including the submersible pump and other variants, offer a sustainable alternative to conventional pumping methods, reducing reliance on fossil fuels and mitigating the impact of energy scarcity. This transition is supported by a key trend involving the development of microgrid systems, which provide reliable, decentralized power, enhancing the viability of solar pumps in remote or off-grid locations. These small-scale grids can operate independently, ensuring a consistent energy supply for irrigation and contributing to the stability of rural energy infrastructure, which is a focal point of the off-grid solar power systems market.This positive trajectory is moderated by the high initial cost of solar pump systems. The substantial upfront investment for solar panels and associated equipment remains a primary barrier to widespread adoption, particularly for small-scale farmers, despite the availability of government subsidies. The high price point can deter potential buyers, who may opt for less expensive, traditional pumping solutions despite their higher long-term operational costs. This financial hurdle affects the pace of market expansion and underscores the need for continued financial innovation and support mechanisms to make these sustainable technologies more accessible across all segments of the agricultural community.

What will be the size of the India Solar Pump Market during the forecast period?

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How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments. ProductSurface suctionSubmersibleFloatingEnd-userAgricultureWater managementOthersPower ratingBelow 5 HP5-10 HP10-20 HPAbove 20 HPGeographyAPACIndia

By Product Insights

The surface suction segment is estimated to witness significant growth during the forecast period.

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The Surface suction segment was valued at USD 301.30 million in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The solar pump market in India is experiencing substantial growth, largely propelled by government initiatives aimed at enhancing agricultural sustainability and energy security. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, in particular, has been a cornerstone in driving adoption by providing significant subsidies to farmers. This has created a fertile ground for both domestic and international Original Equipment Manufacturers (OEMS) to expand their presence. The transition to solar-powered irrigation systems addresses the critical issues of erratic grid power supply in rural areas and the high operational costs associated with diesel pumps. As a result, the market is becoming increasingly competitive, with players focusing on product innovation, efficiency, and building robust distribution channels to reach remote agricultural communities.Despite the positive trajectory, the market faces challenges such as high upfront capital investment for farmers and the need for greater awareness regarding long-term economic benefits. Establishing effective after-sales service and maintenance networks in geographically dispersed rural locations remains a logistical hurdle for many companies. However, the long-term outlook is exceptionally promising. The persistent need for reliable water management solutions for agriculture, coupled with India's ambitious renewable energy targets, will continue to fuel demand. Future market development will likely hinge on technological advancements that lower costs, improve pump performance, and integrate smart, IOT-based monitoring solutions, offering a significant opportunity for OEMs.

What are the key market drivers leading to the rise in the adoption of India Solar Pump Industry?

What are the market trends shaping the India Solar Pump Industry?

What challenges does the India Solar Pump Industry face during its growth?

Exclusive Customer Landscape

• The global industry was valued at US$ 1.0 Bn in 2023
• It is estimated to grow at a CAGR of 2.8% from 2024 to 2034 and reach US$ 1.4 Bn by the end of 2034

Slurry Pump Market Overview

Attribute	Detail
Market Drivers	Growth of Oil and Gas Sector Rise in Need for Water Treatment

Regional Outlook

Attribute	Detail
Leading Region	Asia Pacific

Slurry Pump Market Snapshot

Attribute	Detail
Market Size in 2023	US$ 1.0 Bn
Market Forecast (Value) in 2034	US$ 1.4 Bn
Growth Rate (CAGR)	2.8%
Forecast Period	2024-2034
Historical Data Available for	2020-2022
Quantitative Units	US$ Bn for Value and Thousand Units for Volume
Market Analysis	It includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Type Horizontal Slurry Pump Vertical Slurry Pump Head Below 75 mtr 75 mtr - 100 mtr 100 mtr - 150 mtr 150 mtr - 200 mtr Above 200 mtr Power Source Electric Hydraulic Pneumatic Solar Diesel End-use Mining Chemical Wastewater Treatment Power Generation Construction Oil and Gas Metallurgy Agriculture Others (Pharmaceuticals, etc.) Distribution Channel Direct Sales Indirect Sales
Regions Covered	North America Europe Asia Pacific Middle East & Africa South America
Countries Covered	U.S. Canada Germany U.K. France Italy Spain Japan China India South Korea ASEAN GCC South Africa Brazil Argentina
Companies Profiled	EBARA Pumps Americas Corporation EDDY Pump Corporation Flowserve Corporation HEBEI TOBEE PUMP CO., LIMITED KSB SE & Co. KGaA Metso Sulzer Ltd The Weir Group PLC TSURUMI MANUFACTURING CO., LTD. Xylem
Customization Scope	Available upon request
Pricing	Available upon request

The Metering Pumps Market Report is Segmented by Type (Diaphragm, Gear, Rotary Lobe, and More), Drive Mechanism (Motor-Driven, Solenoid-Driven, and More), Discharge Pressure (Up To 50 Bar, 51-100 Bar, and More), End-User (Water Treatment, Oil & Gas, Chemical Processing, Pharmaceuticals, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The report covers India Artificial Lift Systems Companies and the market is segmented by type (gas-lift systems, sucker rod pumps, electric submersible pumps, progressive cavity pump lifting systems, and jet pumps). The market size and forecasts are provided in terms of revenue (USD million) for all the above segments.

The Gear Pumps Market Report is Segmented by Type (External Gear Pump, and Internal Gear Pump), Material (Cast Iron, Stainless Steel, and More), End-User Industry (Oil and Gas, Chemical, Food and Beverage, Pharmaceutical, Power Generation, and More), Displacement (Fixed Displacement, and Variable Displacement), and Geography (North America, Europe, Asia Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

India's industrial pump market is booming, projected to reach [estimated 2033 market size in billions] by 2033, with a 4.80% CAGR. Driven by infrastructure development and technological advancements in centrifugal and positive displacement pumps, key players like Kirloskar and Grundfos dominate this expanding sector across oil & gas, water treatment, and other industries. Recent developments include: April 2023: Kirloskar Brothers Limited, a prominent pump manufacturing company in India, has recently unveiled its latest offering, the DBxe Pump. Boasting unique design parameters and a wide range of features, the introduction of the DBxe Pump marks a significant milestone for Kirloskar Brothers Limited. This launch showcases the company's commitment to meeting global pumping requirements by leveraging the finest aspects of Indian innovation and expertise., November 2022: Roto Pumps Limited has announced that it has secured a fresh purchase order from Suez India Pvt. Ltd. The order entails the delivery of 25 Screw Pumps, which are expected to be supplied within 12 weeks from the date of manufacturing clearance. Roto Pumps Limited plans to fulfill the order in multiple installments, with completion scheduled for the fourth quarter of the fiscal year.. Key drivers for this market are: 4., Growing Industrialization4.; Government Initiatives. Potential restraints include: 4., Growing Industrialization4.; Government Initiatives. Notable trends are: Centrifugal Pump Expected to Dominate the Market Growth.

• The global industry was valued at US$ 1.7 Bn in 2023
• It is expected to grow at a CAGR of 4.0% from 2024 to 2034 and reach US$ 2.6 Bn by the end of 2034

Market Introduction

Attribute	Detail
Market Drivers	Shift toward Engine Downsizing Switching toward Turbocharged Engines

Regional Outlook

Attribute	Detail
Leading Region	Asia Pacific

Automotive Coolant Pump Market Snapshot

Attribute	Detail
Market Size in 2023	US$ 1.7 Bn
Market Forecast (Value) in 2034	US$ 2.6 Bn
Growth Rate (CAGR)	4.0%
Forecast Period	2024-2034
Historical Data Available for	2020-2022
Quantitative Units	US$ Bn for Value and Thousand Units for Volume
Market Analysis	It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2023) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Type Mechanical Coolant Pump Electric Coolant Pump Size Full-size Mid-size Compact-size Fuel Type Conventional Fuel Electric Hybrid Coolant Type Water (Purified or Deionized) Ethylene Glycol Propylene Glycol Mineral Oil Dielectric Fluids Others Power Less than 50 W 50-100 W 100-400 W More than 400 W Vehicle Type Two Wheelers Three Wheelers Passenger Vehicles Hatchback Sedan SUVs Light Commercial Vehicles Heavy Duty Trucks Buses & Coaches Off-road Vehicles Agriculture Tractors & Equipment Construction & Mining Equipment Electric Vehicle Type Battery Electric Vehicles Hybrid/Plug-in Hybrid Electric Vehicles Fuel Cell Electric Vehicles Sales Channel OEM Aftermarket
Regions Covered	North America Europe Asia Pacific Middle East & Africa South America
Countries Covered	U.S. Canada Mexico Germany U.K. France Italy Spain China India Japan ASEAN Countries Brazil Argentina South Africa GCC
Companies Profiled	Aisin Corporation Cascon Inc. Continental Automotive Japan Davies Craig GMB Corporation Japan John Electric MAHLE Japan Ltd. Osaka Vacuum, Ltd. Robert Bosch GmbH TERAL Inc. TBK Co., Ltd. Hanon Systems KSPG Automotive Hitachi Astemo, Ltd. Shenzhen Zhongke Century Technology Co., Ltd.
Customization Scope	Available Upon Request
Pricing	Available Upon Request

The Indian concrete pump market surged to $483M in 2024, increasing by 495% against the previous year. Over the period under review, consumption enjoyed a buoyant increase. Concrete pump consumption peaked in 2024 and is likely to continue growth in the near future.

The Asia-Pacific submersible pump market, valued at $5.62 billion in 2025, is projected to experience robust growth, driven by rising industrialization, urbanization, and increasing demand for efficient water management solutions across various sectors. The market's 7.20% CAGR from 2025 to 2033 indicates a significant expansion, particularly in countries like China and India, which are experiencing rapid economic development and infrastructure upgrades. Key growth drivers include the burgeoning water and wastewater treatment industry, the expansion of the oil and gas sector, and the surge in construction and mining activities across the region. The increasing adoption of energy-efficient submersible pumps, driven by sustainability concerns and rising energy costs, further fuels market growth. While the market faces some constraints, such as fluctuating raw material prices and potential supply chain disruptions, these are expected to be mitigated by technological advancements and diversification of sourcing strategies. Segmentation analysis reveals a strong demand for borewell submersible pumps, particularly in rural areas, and a growing preference for electric-driven pumps owing to their cost-effectiveness and reduced environmental impact. The market also witnesses increasing demand for high-head submersible pumps, catering to deep-well applications in diverse industries. The market’s geographical segmentation shows China and India as dominant players, owing to their large populations, extensive infrastructure projects, and expanding industrial bases. Japan and South Korea, while smaller in market size compared to China and India, contribute significantly due to their technological advancements and high adoption of advanced pump technologies. The "Rest of Asia-Pacific" region exhibits notable growth potential, fueled by economic development and increasing investments in water infrastructure across developing nations. Competition in the market is intense, with a mix of global giants like Baker Hughes, Schlumberger, and Sulzer, alongside regional players such as Crompton Greaves and Havells India. These companies are focusing on product innovation, strategic partnerships, and geographic expansion to enhance their market share and capitalize on the significant growth opportunities. Future market trends point towards increased adoption of smart pumps, incorporating IoT capabilities for remote monitoring and predictive maintenance, as well as a rising demand for customized solutions catering to specific industry needs. Recent developments include: September 2023, The Uttar Pradesh Government announced its goal to install more than 30,000 solar PV irrigation pumps under the PM KUSUM Yojana, allocating a budget of USD 52 million for FY 2023-24. The government officials stated the significant initiative aims to provide farmers in 75 districts of the state with eco-friendly and sustainable energy solutions. The implementation of this initiative falls under the purview of the Uttar Pradesh New and Renewable Energy Agency (UPNEDA), which will oversee the installation of clean energy-based irrigation systems through surface and submersible pump setups., February 2022: Shakti Pumps (India) Limited announced the launch of 4-inch Plug and Play Submersible Pumps. The product is designed to achieve higher efficiency with lower operational costs and can be operated without a control box.. Notable trends are: Oil and Gas Industry to Witness Significant Demand.

Unlock data-backed intelligence on India Agriculture Water Pump Market, size at USD XX in 2023, showcasing challenges and trends.

The Indian positive displacement pump market declined to $24.5B in 2024, which is down by -10.6% against the previous year. In general, consumption recorded a mild slump. As a result, consumption reached the peak level of $29B. From 2023 to 2024, the growth of the market remained at a lower figure.