India Submersible Water Pumps Market, By Type (Borewell, Openwell, Non-Clog), By Mode of Operation (Multi-stage, Single-Stage), By End-Use (Agriculture, Municipal, Industrial, Water & wastewater, Others), By Region, Competition Forecast & Opportunities, 2018-2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndia Submersible Water Pumps Market, By Type (Borewell, Openwell, Non-Clog), By Mode of Operation (Multi-stage, Single-Stage), By End-Use (Agriculture, Municipal, Industrial, Water & wastewater, Others), By Region, Competition Forecast & Opportunities, 2018-2028
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 1.02 Billion |
| CAGR (2023-2028) | 8.41% |
| Largest Market | South India |
| Fastest Growing Segment | Agriculture |
India Submersible Water Pumps Market is anticipated to grow at a robust CAGR during the forecast period.
Submersible pumps are used in the wastewater industry. They are often used in pump stations and lift stations because they are more compact and cheaper to install than other pumps. When the pump is submerged, it creates a positive liquid pressure at the pump inlet. In this state, less energy is required to move fluid through the path of the pump which increases efficiency. This can be a problem with centrifugal pumps and other types of positive displacement pumps. They are self-priming as they function below the surface of the fluid being pumped so they do not need any priming.
Rise in investments for India Submersible Water Pumps Market
Submersible pumps are submerged in tanks, wells, or other containers. These pumps are designed for submersion. Submersible pumps have the advantage of serving irrigation purposes in agricultural fields. Since it is a self-priming type, it is easy to work under the surface of the pumping medium. As the name suggests, submersible water pumps are designed so that the entire pump and motor assembly is completely submerged in liquid. This type of pump has an airtight motor that is rigidly attached to the pump body. Agriculture plays an important role in India's growing economy. According to IBEF, the sector accounts for 17.8% of the country's gross value added (GVA) and about 54.6% of all workers employed in agriculture and related sectors. From 2021 to 2022, the country recorded total agricultural exports of USD50.2 billion, an increase of 20% from USD41.3 billion in 2020 to 2021. India's agriculture sector is projected to grow by 3.5% in FY23.
Latest Developments driving the market growth.
In 2021, Kirloskar Brothers Limited (KBL) launched the NEO series 4 inch, a new range of submersible borehole pumps designed for the rural, domestic, and municipal water supply markets such as agriculture, building, and construction. The NEO series 4-inch downhole submersible pump features a sand fighter arrangement that keeps sand out and protects the pump set brushes in the sand borehole. It has an advanced water-cooled motor, which guarantees 30% more discharge, 60% longer life, and energy saving (60% power saving). The new series has improved corrosion resistance , improved pump and motor alignment.
In 2022, Shakti Pumps (India) Limited launched a 4-inch plug and play submersible pump. It achieves high efficiency at low running cost and can be operated without a control panel. The 2-wire motor of the pump is an integrated wire motor, easy to operate, and offers protection against overload and undervoltage operation. The 4-inch plug and play submersible pump is designed to work at 1HP, 1.5HP, 2HP and 3HP. Plug And Play Submersible Pump is made for 100mm (4 inch) or larger holes with a cooling jacket. The stock motor used in the 4 inch plug and play submersible pump is pre-installed, pre-tested, and comes with a free cable.
Market Segmentation
Market player
Major market players in the India Submersible Water Pumps Market are CRI Pumps Private Limited, Kirloskar Brothers Limited, Crompton Greaves Consumer Electrical Ltd., KSB Pumps Limited, La-Gajjar Machineries Pvt. Ltd., Texmo Industries, Pluga Pumps and Motors Pvt Ltd, Shakti Pumps India Limited, Oswal Pumps Ltd., Falcon Pumps Pvt. Ltd.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historic
Data |
2018– 2022 |
|
Estimated Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Million and CAGR for 2018-2022 and
2023-2028 |
|
Report
coverage |
Revenue forecast, company share,
growth factors, and trends |
|
Segments covered |
By Type By Mode of Operation By End-Use By Region |
|
Regional
scope |
North
India, South India, West India, East India |
|
Key companies profiled |
CRI Pumps Private Limited, Kirloskar Brothers
Limited, Crompton Greaves Consumer Electrical Ltd., KSB Pumps Limited,
La-Gajjar Machineries Pvt. Ltd., Texmo Industries, Pluga Pumps and Motors Pvt
Ltd, Shakti Pumps India Limited, Oswal Pumps Ltd., Falcon Pumps Pvt. Ltd. |
|
Customization
scope |
10% free report customization
with purchase. Addition or alteration to country, regional & segment
scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your
exact research needs. Explore purchase options |
|
Delivery
Format |
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(We can also provide the editable version of the report in PPT/Word format on
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