India vertical turbine water pumps market is projected to grow at a CAGR of more than 9% by 2023. Growing agriculture and lift irrigation sector driven by increasing investments in lift irrigation, drip irrigation and micro irrigation projects, in addition to increasing government support via budget allocations and subsidies, is expected to boost demand for vertical turbine water pumps in the country. Moreover, increasing research & development activities, rising demand for pumps with high discharge and increasing number of power generation and sewage treatment plant construction projects are anticipated to positively influence the vertical turbine water pumps market in India during the forecast period.
Years considered for this report
Historical Years2013-2016
Base Year2017
Estimated Year2018
Forecast Period2019-2023
Objective of the Study
- To analyze and forecast India vertical
turbine water pumps market size.
- To define, classify and forecast
India vertical turbine water pumps market on the basis of end use industry,
operation, regional distribution and sales channel.
- To scrutinize the detailed
market segmentation and forecast the market size, in terms of value, on
the basis of region by segmenting India vertical turbine water pumps
market into four regions, namely, North, West, East and South.
- To identify tailwinds and
headwinds for India vertical turbine water pumps market.
- To examine competitive
developments such as expansions, new product launches, supply contracts,
and new policies in India vertical turbine water pumps market.
- To evaluate competitor pricing,
average market selling prices and trends in India vertical turbine water
pumps market.
- To strategically profile leading
players operating in India vertical turbine water pumps market.
Some of the major players operating in India
Market Insights Research performed primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of vertical turbine water pump companies in India. 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 was able to include companies that could not be identified due to the limitations of secondary research. Market Insights Research analyzed product offerings, end user, and regional presence of all major vertical turbine water pump suppliers across India.
Market Insights Research calculated India vertical turbine water pumps market size using a bottom-up approach, where manufacturers’ value sales data for different product types was recorded as well as forecast for the future years was made. Secondary sources such as company annual reports, Ministry of Corporate Affairs, Ministry of Oil & Gas, World Bank, press releases, industry magazines, industry reports, news dailies, credible paid databases, proprietary databases, etc., were also studied by Market Insights Research.
Key Target Audience
- Vertical turbine water pump manufacturers, suppliers and
other stakeholders
- Associations, organizations and
alliances related to vertical
turbine water pump market
- Government bodies such as regulating
authorities and policy makers
- Market research and consulting firms
