Dewatering Pumps Market Is Expected To Grow At Year-On-Year Rate Of 5.3%, Reaching A Value Of About US$ 6.9 Bn By 2022

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North America is expected to dominate global dewatering pumps market in terms of revenue in 2022 and is anticipated to grow at a CAGR of 4.7% by value over the forecast period.

The global dewatering pumps market is identified as a fairly concentrated market with the organized sector having a share of around 49% of the global market followed by Tier 2 and small scale manufacturers. The principal aim of the manufacturers has been the expansion of market footprint via extension of their product portfolio and strengthening of the sales and distribution network.

Leading players in the market are focused to shift their production bases to Asia Pacific in order to capitalize on the economies of scale. The global market, characteristically, is poignant towards consolidation. Several mergers were seen during the recent past; the same trend is anticipated to continue over the coming years with profitability to remain as the core strategy behind these acquisitions.

Long-term tie-ups with EPC (Engineering Procurement and Construction) companies are expected to provide high and stable sales to international manufacturers of dewatering pump. Most sales of small and medium capacity pumps take place through distributors and retailers, which generally hold multi-branded & wide variety products at their shelves.

Providing integrated offerings through diverse range of products and developing strong distribution and aftersales service network at regional and local level can provide significant opportunities for growth. In order to gain competitive advantage, strong focus on life-cycle costs analysis, including reducing operating costs through energy-efficient solutions, is highly required for product differentiation.

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Burgeoning Exploration Activities for New Sources of Water to Trigger High Demand

Governments of emerging economies in Asia Pacific and MEA, particularly in countries such as South Africa, Morocco and the UAE, are focusing on improving drinking water facilities in urban as well as rural areas. Also, exploration of new water sources is expected to increase sales of pumps with enhanced capacity and efficiency for agricultural and domestic applications. Desalinization projects are also expected to contribute to adoption of pumps, as most parts of the globe still lack the basic facility of running water.

An estimated 60% of the world is still without running water. ASEAN region is witnessing increase in water supply and sanitation projects by governments, which is likely to boost sales of centrifugal pumps for domestic and agricultural applications. It has been estimated that only 50% of the global population has access to drinking water from a piped connection providing running water in their homes or compounds. As per the analyst, the demand for dewatering pumps across the globe, especially in ASEAN countries will increase owing to these reasons.

By Segmentation:

By Product Type:

• Sludge Pumps
• Slurry Pumps
• Drainage Pumps
• Hybrid Pumps

By Technology:

• Positive Displacement Type
• Centrifugal Type

By Capacity:

• 0.5-3 hp
• 3-10 hp
• 10-50 hp
• Above 50

By End Use:

• Civic Infrastructure Construction
• Mining & Metals
• Paper & Pulp
• Chemicals
• Power Generation
• Food & Beverages
• Municipal
• Others

By Region:

• North America
• Latin America
• Eastern Europe
• Western Europe
• Middle East and Africa (MEA)
• South East Asia Pacific
• China
• India
• Japan

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Competitive Landscape

Over the past few years, increase in the number of acquisitions and expansion activities has been witnessed to improve the supply of industrial components. Several key players are also focusing on improving efficiency of pumps. For Instance:

• In May 2021, the KSB Group launched the latest generation of its time-tested submersible grey water pumps-the AmaDrainer 3 type series, which is a vertical single-stage fully floodable submersible motor pump.

In January 2018, Sulzer acquired California-based JWC Environmental LLC, which is into critical solids reduction and removal products manufacturing.

Xylem Inc.

Atlas Copco AB

Ebara Corporation

Kubota Corporation

KSB SE & Co. KGaA

Grundfos

Suzler Ltd

Wacker Neuson Group

Tsurumi Manufacturing Co.,Ltd.

Ruhrpumpen Group

WILO SE

The Weir Group Plc

Kirloskar Brothers Ltd.

Grindex AB

Thomson Pump

SPP Pumps

ANDRITZ GROUP

Ingersoll-Rand PLC

Sumitomo Heavy Industries Ltd.