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Pumps Market in India 2016-2020

Pumps Market in India 2016-2020

About Pump Market

The global pump market is projected to grow at a CAGR of 5.47% during the forecast period, and is likely to reach $55.32 billion by the end of 2020. Though the global growth of the market is expected to be robust, the factors that fuel this growth will vary from region to region. In emerging economies such as India and China, growth in the pump market will primarily be the result of rapid industrialization as investments in the water infrastructure and power generation sectors grow. In the developed countries, improving manufacturing output will enable the growth of process manufacturing industries. In the US, improving economy and the boom in hydraulic fracking (fracturing) in the country’s oil and gas sector will accelerate the demand for pumps.

Technavio’s analysts forecast the pumps market in India to grow at a CAGR of 9.66% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the pumps market in India for 2016-2020. To calculate the market size, the report considers the demand for pumps from various end-users. The average price of pumps has been taken into consideration for estimating the market revenue.

The market is divided into the following segments based on geography:

  • Andhra Pradesh
  • Delhi
  • Gujarat
  • Karnataka
  • Madhya Pradesh
  • Maharashtra
  • Mumbai
  • Punjab
  • Rest of India
  • Tamil Nadu
  • Uttar Pradesh
  • West Bengal
Technavio's report, Pumps Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • C.R.I. Pumps
  • Flowserve
  • Grundfos
  • Kirloskar
  • KSB
  • Texmo Industries
Other prominent vendors
  • Best Pumps
  • Falcon Pumps
  • Sam Turbo Industry
  • Sulzer
  • Jyoti
  • Shakti Pumps
  • WPIL
  • Falcon Pumps
  • Best Pumps
  • Sam Turbo
  • V-Guard
Market driver
  • Demand for energy-efficient pumps in agriculture sector
  • For a full, detailed list, view our report
Market challenge
  • Poor quantity and quality of electricity supply
  • For a full, detailed list, view our report
Market trend
  • Emergence of intelligent pump systems and micro disc pump technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Pumps Market in India 2016-2020

Technavio recognizes the following companies as the key players in the pumps market in India: C.R.I. Pumps, Flowserve, Grundfos, Kirloskar, KSB, and Texmo Industries.

Other Prominent Vendors in the market are: Best Pumps, Falcon Pumps, Sam Turbo Industry, Sulzer, Jyoti, Shakti Pumps, WPIL, Falcon Pumps, Best Pumps, Sam Turbo, and V-Guard.

Commenting on the report, an analyst from Technavio’s team said: “Emergence of intelligent pump systems and micro disc pump technology will be a key trend for market growth. An intelligent pump can control and regulate the flow or pressure of the fluid. This type of pump can adjust to process changes and pump system changes, and has a fault-tolerant design. Many manufacturers are expected to adopt these intelligent pump systems because they reduce the total cost of ownership without compromising performance parameters. For instance, Grundfos iSOLUTIONS uses pump intelligence to ensure pumps, control and protection, drives, communication, and measurement units work together as one integrated system, with energy-efficient operations.”

According to the report, increasing demand for energy-efficient pumps in agriculture sector will be a key driver for market growth. In India, the agriculture sector is the major end-user of pumps that accounts for nearly 30% share of the overall market. The BEE has collaborated with state and central governments to promote the use of BEE star rated pumps, as the high-energy efficiency of these pumps result in significant cost and energy savings. These energy-efficient agriculture pumps, on an average, cost $50, which is comparatively more than their non-rated counterparts or pumps. As cost remains as the major factor for selection of pumps among small and medium farmers, there are many large and regional players offering non-star rated products for much lesser rate when compared with star-rated pumps.

Further, the report states that poor quantity and quality of electricity supply will be a challenge for the market. Irregular supply of electricity in India not only hampers the installation of pumps but also encourages sales in the unorganized sector. The voltage level required to operate high-quality pumps is higher compared to the actual voltage level of electricity in most agricultural regions in the country. Therefore, players from the unorganised sector are taking advantage of this situation and providing pumps that can operate at full potential in low-voltage levels. However, pumps offered by the unorganized sector are highly inefficient in terms of energy efficiency, leading to national level losses in the overall power consumption.

Companies Mentioned

C.R.I. Pumps, Flowserve, Grundfos, Kirloskar, KSB, Texmo Industries, Best Pumps, Falcon Pumps, Sam Turbo Industry, Sulzer, Jyoti, Shakti Pumps, WPIL, Falcon Pumps, Best Pumps, Sam Turbo, V-Guard.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global pump market 2015-2020 ($ billions)
      • Table Major MNCs with manufacturing units in India
      • Table Rural electrification and energization of pumps 2003-2015
      • Table Pump market in India by product 2015-2020
      • Table Pump market in India by end-users 2015-2020
  • Market landscape
    • Market overview
      • Table Pump market in India 2016-2020
      • Table Pump market in India 2015-2020 ($ millions)
      • Table Vendor presence in pump market in India in 2015
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Pump market in India by products 2015-2020
    • Centrifugal pump market in India
      • Table Major end-user of centrifugal pump market in India: Market scenario
      • Table Centrifugal pump market in India 2015-2020 ($ millions)
      • Table Centrifugal pump market by type 2015
      • Table Centrifugal pump market in India by product 2015-2020
      • Table Key vendors in centrifugal pump market in India and associated end-users
    • Positive displacement pump market in India
      • Table Positive displacement pump market in India 2015-2020 ($ millions)
      • Table Pace of urbanization in India 1960-2050 (population in billions)
      • Table Positive displacement pump market in India by type 2015
      • Table Positive displacement pump market in India 2015-2020
      • Table Key vendor for positive displacement pump market in India and associated endusers
  • Market segmentation by end-users
    • Market overview
      • Table Pump market in India by end-users 2016-2020
      • Table Pump market in India by others 2015
    • Agriculture sector
      • Table Agriculture pump market in India: Market overview
      • Table Pump market in India by agriculture sector 2015-2020 ($ millions)
      • Table Major government initiatives in agriculture sector 2015
      • Table Agriculture pump market in India by horsepower 2015
    • Building services
      • Table Building services pump market in India: Market overview
      • Table Building services pump market 2015-2020 ($ millions)
    • Water and wastewater industry
      • Table Water and wastewater pump market in India: Market overview
      • Table Water and wastewater pump market by end-user 2015
      • Table Water and wastewater pump market in India 2015-2020 ($ millions)
    • Power generation
      • Table Power generation pump market: Market overview
      • Table Power generation pump market by end-user 2015
      • Table Power generation pump market in India 2015-2020 ($ millions)
      • Table Installed power generation capacity as of February 2016 (MW)
    • Oil and gas industry
      • Table Oil and gas pump market by end-user 2015
      • Table Oil and gas pump market in India: Market overview
      • Table Oil and gas pump market in India 2015-2020 ($ millions)
  • Geographical segmentation
    • Table Pump market in India by geography 2015
  • Market drivers
    • Growing use of solar pumps
      • Table Advantages of solar pumps over diesel pumps
      • Table Market scenario of solar pumps in India
    • Rise in pump exports
      • Table Export of pumps from India compared to global exports
      • Table Major export destinations for pumps manufactured in India
    • Demand for energy-efficient pumps in agriculture sector
      • Table Market share of rated and non-rated pumps
      • Table Star labeling system for pumps manufactured in India
      • Table Star-rated pump manufacturers in India offering more than 100 star-rated models
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Strong presence of unorganized sector
      • Table Market share of organized and unorganized sectors in agriculture pump market by value 2015
      • Table Market share of organized and unorganized sectors in agriculture pump market by volume in 2015
    • Poor quantity and quality of electricity supply
      • Table Electricity consumption by sector in India 2014-2015
      • Table Electricity consumption in agriculture sector in India 2005-2014
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Magnetic drive pumps
    • Emergence of intelligent pump systems and micro disc pump technology
    • Next-generation industrial automation
  • Vendor landscape
    • Competitive scenario
    • Key market prospects
      • Market share analysis
        • Table Analysis of key vendors in pump market in India
        • Table Pump market in India: Analysis of large Indian vendors
        • Table Pump market in India: Analysis of SME vendors
    • Vendors operating in agricultural pump market
      • Table Manufacturing and demand locations for agricultural pumps in India
    • Vendor mapping
      • Table Vendor portfolio analysis
      • Table Key vendor ratings based on various parameters
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • C.R.I. Pumps
    • Flowserve
      • Table Flowserve: Product portfolio
    • Grundfos
    • Kirloskar
      • Table Kirloskar: Product portfolio
      • Table Kirloskar: Product portfolio
    • KSB
    • Texmo Industries
      • Table Texmo Industries: Product portfolio
      • Table Texmo Industries: Taro products
  • Appendix
    • List of abbreviations
  • Explore Technavio

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