The Europe water pumps market was valued at approximately USD 64.74 billion in 2023 and is projected to reach USD 98.6 billion by 2033, growing at a CAGR of 4.3% from 2023 to 2033. Europe has historically led the water pumps market, and this trend is expected to continue throughout the forecast period.
More than 25% of the European population uses 2 HP water pumps, primarily for applications such as irrigation, ease of operation, and suitability for potable water. The durability and robustness of these pumps are additional advantages.
Submersible pumps are commonly employed in industrial wastewater management, effectively draining flooded areas at a low cost. They can also efficiently extract water from greater depths without experiencing strain. Industrial water pumps are used to transport a variety of fluids across multiple sectors, including chemicals, oils, beverages, food products, wastewater, and sludge. Many modern commercial and industrial water pumps are designed to withstand harsh environmental conditions.
Stationary pumps account for over 80% of the overall market share, largely because their motors are situated above ground level, with a vertical shaft connecting the pump’s bottom. These pumps are typically powered by either AC electric induction motors or diesel engines.
Additionally, the pharmaceutical sector is expected to drive growth in the Europe water pump market due to the demand for distilled water in drug processing.
Key Takeaways from Europe Water Pumps Market
- Germany holds the largest market share in Europe Water Pumps market. This could be attributed to automation and digitization being placed at the epicentre with regards to adaptable, resource-efficient, and competitive water management strategy, thanks to WATER 4.0.
- Coming to the UK, overseas end-consumers are more inclined toward engineering and manufacturing expertise of the region. There are numerous opportunities with respect to municipal water and drainage end-use.
Competitive Landscape
- The KSB Group, in May 2021, tabled its new-fangled, time-tested submersible grey water pumps known as ‘AmaDrainer 3′ type series. It’s a single-stage, vertical, fully flooded, submersible motor pump.
- DESMI, in October 2021, did offer a one-stop shop to enable aquaculture with a complete range of pumping options. Prior to that, i.e. in May 2021, the company also expanded the presence in Italy.
Some of the Prominent Players Working in the Global Market are:
- Xylem Inc
- Grundfos Holding A/S
- Flowserve Corporation
- Andritz Group
- Ebara Corporation
- KSB AG
- Sulzer Ltd
- Gorman Rupp Co.
- Franklin Electric
- ITT Inc
Key Europe Water Pumps Market Segments Covered
By Capacity:
- Upto 2HP
- 2-5 HP
- 5-10 HP
- 10-15 HP
- 15-20 HP
- 20-30 HP
- Above 30 HP
By Product Type:
- Centrifugal Pump
- Single Stage
- Multi Stage
- Axial & Mixed Flow
- Submersible
- Circulator
- Positive Displacement
- Reciprocating
- Rotary
By End Use Sector:
- Centrifugal Pump
- Domestic
- Agriculture & Irrigation
- Mining
- Water & Wastewater
- Oil & Gas
- Other Industrial
- Positive Displacement
- Oil & Gas
- Chemical
- Water & Wastewater
- Pulp & Paper
- Power
- Other Industrial
By Country:
- Germany
- Italy
- France
- U.K.
- Spain
- BENELUX
- Russia
- Poland
- Rest of EuropeBottom of Form
Report Preview: https://www.futuremarketinsights.com/reports/europe-water-pumps-market
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