Malaysia residential electric water pump market is projected to cross USD 54 million by 2025. The country’s residential electric water pump market is driven by rise in residential construction coupled with increase in water management activities in domestic households. Moreover, rise in demand for residential electric water pumps is anticipated because of expanding population and increase in shift of population from rural to urban cities in the country.
The demand for residential water pump is expected to decline in 2020 compared to what it was in 2019 by almost 15% owing to decline in construction activities and lock down due to COVID-19 outbreak. However, market is expected to recover in the coming years because of various government initiatives to provide affordable housing to its people
Malaysia residential electric water pump market is segmented based on well type, function type, pump type, power rating base, price range and region. Based on well type, the market can be segmented into shallow well and deep well. Among these, shallow well segment is expected to hold the largest market share during forecast period, but the deep well segment is expected to witness faster growth rate during the forecast period. Regionally, Malaysia residential electric water pump market
Years considered for this report
Historical Years2015-2018
Base Year2019
Estimated Year2020
Forecast Period2021–2025
Objective of the Study
- To analyze and estimate the market size of Malaysia residential electric water pump market from 2015 to 2019.
- To estimate and forecast the market size of Malaysia residential electric water pump market from 2020 to 2025.
- To classify and forecast Malaysia residential electric water pump market based on well type, function type, pump type, power rating, price range, and regional distribution.
- To identify dominant region or segment in the Malaysia residential electric water pump market.
- To identify drivers and challenges for Malaysia residential electric water pump market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Malaysia residential electric water pump market.
- To identify and analyze the profile of leading
players operating in Malaysia residential electric
water pump market.
- To identify key sustainable strategies adopted
by market players in Malaysia residential electric
water pump market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of electric pump manufacturers in Malaysia. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the market players which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufacturers, distribution channels and presence of all major players in Malaysia.
Market Insights Research calculated the market size of
Key Target Audience
- Residential electric water pump manufacturers, suppliers and other
stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
residential electric water pump
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
