According to IMARC Group’s latest report, titled “Dewatering Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the dewatering pumps market trends.
The global dewatering pumps market reached US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a CAGR of 6.4% during 2022-2027. Dewatering pumps represent centrifugal pumps that are usually used for removing unwanted water from tunnels, construction sites, buildings, mining areas, etc. They are commonly available in various types, ranging from submersible to centrifugal end-suction and well-pointing piston pumps, depending on the media required to be pumped. They are equipped with a rotating impeller that creates a vortex to remove the air out of the hose and enables the unwanted water to rise to the pump. In line with this, dewatering pumps are installed below the groundwater level to help in maintaining and reducing the water level. As such, they find extensive applications in the mining industry to lower groundwater levels and ensure safe and productive access to minerals.
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Dewatering Pumps Market Trends:
The growing number of residential and commercial construction projects, on account of the inflating disposable income levels and changing lifestyles, is primarily driving the dewatering pumps market. Additionally, the rising investments by private and public agencies for controlling groundwater across industrial locations and building roads, power plants, bridges, dams, etc., are further catalyzing the market growth. Besides this, continuous technological advancements, including the introduction of heavy-duty and automatic dewatering pumps to cater to the escalating demand from the industrial sector and meet international quality standards, are acting as significant growth-inducing factors. Moreover, the increasing mining activities are also positively influencing the global market. Apart from this, the leading manufacturers are offering compact designs with low weight, high capacity, and abrasion resistance for efficient handling of dirty water, which is anticipated to fuel the dewatering pumps market over the forecasted period.
Dewatering Pumps Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the dewatering pumps market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Atlas Copco AB
- Ebara Corporation
- Flowserve Corporation
- Grundfos Holding A/S
- ITT INC.
- KSB SE & Co. KGaA
- Sulzer Ltd.
- The Gorman-Rupp Company
- The Weir Group PLC
- Wacker Neuson SE
- Xylem.
Key Market Segmentation:
The report has segmented the dewatering pumps market on the basis of breakup by type, capacity, application and region.
Breakup by Type:
- Submersible Dewatering Pumps
- Non-Submersible Dewatering Pumps
Breakup by Capacity:
- 05-3 HP
- 3-10 HP
- 10-50 HP
- Above 50 HP
Breakup by Application:
- Construction and Agriculture
- Oil and Gas
- Municipal
- Mineral and Mining
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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