Water Pump Market

By Type;

Centrifugal Pumps and Positive Displacement Pumps

By Business;

Pumps and Aftermarket-[Parts & Components and Repair & Maintenance]

By Distribution Channel;

Direct Sales, Distributor Sales and Online Sales & E-Commerce

By End Use;

Municipal, Construction, Agriculture, Mining, Oil & Gas, Industrial and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn634487234 Published Date: September, 2025 Updated Date: October, 2025

Water Pump Market Overview

Water Pump Market (USD Million)

Water Pump Market was valued at USD 56,254.26 million in the year 2024. The size of this market is expected to increase to USD 78,629.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.


Water Pump Market

*Market size in USD million

CAGR 4.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.9 %
Market Size (2024)USD 56,254.26 Million
Market Size (2031)USD 78,629.20 Million
Market ConcentrationHigh
Report Pages346
56,254.26
2024
78,629.20
2031

Major Players

  • Gardner Denver
  • Torishima Pump
  • The Weir Group
  • Weatherford International

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Water Pump Market

Fragmented - Highly competitive market without dominant players


The Water Pump Market is witnessing steady expansion as demand rises across residential, agricultural, and industrial sectors. These pumps play a vital role in water transfer, irrigation, and wastewater management, with nearly 55% of usage linked to households and farming needs.

Technological Advancements in Pump Systems
Innovations in pump engineering and energy efficiency are driving adoption, as modern systems offer durability, reliability, and reduced energy consumption. Reports indicate that over 40% of new pump installations are designed with energy-saving features, reflecting the growing push toward sustainable solutions.

Growing Adoption in Industrial Applications
Industrial usage remains a significant contributor, accounting for around 48% of overall demand. Applications in manufacturing, construction, and wastewater treatment highlight the importance of pumps in ensuring operational efficiency and process reliability across industries.

Rising Focus on Sustainability
Sustainability is emerging as a defining factor in market growth, with approximately 37% of producers focusing on eco-friendly pumps and smart monitoring technologies. These advancements allow real-time tracking, lower environmental impact, and align with global green practices.

Future Market Outlook
Looking ahead, the water pump market is positioned for consistent growth supported by technological innovation, rising energy-consciousness, and broad application diversity. Its indispensable role across essential utilities ensures a strong and evolving future outlook.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Water Pump Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Infrastructure Development
        3. Technological Advancements
        4. Water Scarcity
      2. Restraints
        1. High Costs
        2. Maintenance Requirements
        3. Energy Consumption
        4. Regulatory Compliance
      3. Opportunities
        1. Smart Technologies
        2. Sustainable Solutions
        3. Emerging Markets
        4. Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Water Pump Market, By Type, 2021 - 2031 (USD Million)
      1. Centrifugal Pump
      2. Reciprocating Pump
      3. Rotary Pump
    2. Water Pump Market, By Distribution Channel, 2021 - 2031(USD Million)

      1. Direct Sales

      2. Distributor Sales

      3. Online Sales & E-Commerce

    3. Water Pump Market, By Application, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Refining
      3. Chemical
      4. Water & Wastewater
      5. Others
    4. Water Pump Market, By Geography, 2021 - 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Gardner Denver
      2. Torishima Pump
      3. The Weir Group
      4. Weatherford International
  7. Analyst Views
  8. Future Outlook of the Market