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Europe Water Pumps Market

Europe Water Pumps Market By Product Type (Centrifugal Pump, Positive Displacement Pump), End-use Industry (Centrifugal Pump (Domestic, Agriculture and Irrigation, Mining), Positive Displacement Pump (Oil and Gas, Waste and Wastewater Treatment)), and Region for 2021-2031

Europe Water Pumps Market By Product Type (Centrifugal Pump, Positive Displacement Pump), End-use Industry (Centrifugal Pump (Domestic, Agriculture and Irrigation, Mining), Positive Displacement Pump (Oil and Gas, Waste and Wastewater Treatment)), and Region for 2021-2031

Europe Water Pumps Market - Analysis, Outlook, Growth, Trends, Forecasts

Europe Water Pumps Market Snapshot

[320 Pages Report] Europe water pumps market is expected to exhibit year-on-year (YoY) growth of 3.8% to total ~US$ 8 Bn in 2021. As per the study, the demand for water pumps in Europe will increase by 3.6% CAGR between 2021 and 2031.

By product type, axial and mixed flow water pump sales will grow by over 4.3% CAGR in overall Europe water pumps market. As of 2020, water pumps sales accounted between 53% and 55% of overall Europe pumps market.

Attribute

Details

Europe Water Pumps Market Size 2021

US$ 8 Bn

Europe Water Pumps Market Estimated Size 2031

US$ 11.4 Bn

Value CAGR (2021-2031)

~3.6%

Europe Water Pumps Market Outlook in 2021 to 2031 Vs Sales Registered in 2016-202

Between 2016 and 2020, the Europe water pumps market expanded at a CAGR of over 0.5%. Many of the significant advances in pump technology have their origins in long-established European enterprises, which have been aided by a variety of specialist technical groups as well as government funding.

Pump production is one of the few industrial sectors in which Europe continues to perform at least on pace with, if not better than, its worldwide competitors. It has enjoyed a strong positive trade balance with other major alliances in Asia and the Americas for many years, and it continues to do so.

Future Market Insights (FMI) expects the europe water pumps market to expand at over 3.6 % CAGR through 2031.

What are the Opportunities for Water Pumps Suppliers within Europe?

The water pumps sector in Europe is confronted by a number of opportunities such as need to reduce the energy consumption in number of European countries, keep at par with the customer requirements and maintaining the position with respect to global vendors and expanding presence from regional to global levels.

Along with this, there are increasing opportunities in accordance with the supporting framework for energy efficiency as well as addressing needs of the emerging markets including but not limited to chemicals and petrochemicals.

The increasing adoption of modern farming practices such as hydroponics and vertical farming as a consequence of the growing demand for organic food provides rising opportunities for water pumps in this area, which has led to inclination of end-users towards centrifugal water pumps for water circulation.

What is the Potential for Water Pumps Sales for Wastewater Applications in Europe?

As the Europe pump sector matures, emerging technologies like intelligent pump systems are expected to be the primary engine of future growth. The need for these "smart" pumps is growing in a variety of end-user segments, including water and wastewater treatment, building automation, and food and beverage.

Several EU regulations have been implemented through national legislation to ensure that ambient, drinkable water, and wastewater meet acceptable quality criteria, as well as to increase the rate of home sewage connection.

The water and wastewater industry's increased focus on reducing energy usage and pump lifetime costs is encouraging the adoption of smart pumps across Europe. Tough environmental laws aimed at lowering greenhouse gas and carbon emissions help the smart pump business thrive.

The water pumps sector in Europe is confronted by a number of opportunities such as need to reduce the energy consumption in number of European countries, keep at par with the customer requirements and maintaining the position with respect to global vendors and expanding presence from regional to global levels.

Along with this, there are increasing opportunities in accordance with the supporting framework for energy efficiency as well as addressing needs of the emerging markets including but not limited to chemicals and petrochemicals.

The increasing adoption of modern farming practices such as hydroponics and vertical farming as a consequence of the growing demand for organic food provides rising opportunities for water pumps in this area, which has led to inclination of end-users towards centrifugal water pumps for water circulation.

How will Industrial Internet of Things Encourages Intelligent Pumps Sales in Europe

Pump manufacturers are incorporating new technological features into current pumps in response to increased customer demand for maximum production from legacy equipment. Advanced approaches such as predictive maintenance, remote monitoring, digital twin technology, Artificial Intelligence (AI), and virtual reality/augmented reality (VR/AR) are in high demand with IIoT.

There will be an increase in the number of agreements between pump makers and the IT sector as software-based predictive analysis becomes more prominent.

Europe Water Pumps Market Country-wise Insights

Why is Germany Water Pumps Market Considered Most Lucrative?

The market for water pumps in Germany is expected to create an absolute dollar opportunity of US$ 446.4 Mn during 2021-2031. WATER 4.0 has placed digitization and automation at the heart of a resource-efficient, adaptable, and competitive water management strategy in Germany.

It has resulted in the networking of machines, processes, storage systems, and resources, as well as the development of "smart grids," "Internet of Things and Services," and the integration of these elements into a comprehensive water management context.

This has enabled the intelligent networking of water users such as agriculture, industry, and households, as well as components in a sustainable water infrastructure, with the environment and the water circuit, resulting in a holistic approach along the value-added chain.

What is the Potential for U.K. Water Pumps Market Growth?

The water pumps market in U.K. is expected to rise at nearly 2.8% CAGR over the forecast period. Overseas customers prefer manufacturing and engineering expertise of U.K. over other countries.

Though BREXIT is considered a hindrance in market growth, it is a great opportunity for regional manufacturers to showcase their innovation and reinvigorate the manufacturing sector.

The future of the water pumps market in U.K. lies in the increasing opportunities in drainage and municipal water end-use. The country is expected to create an absolute dollar opportunity of US$ 269.4 Mn from 2021-2031.

Europe Water Pumps Market Category-wise Insights

Which Capacity of Water Pumps is Mostly Consumed?

The market value share of 2 HP water pumps is more than one-fourth of the Europe market. These high pressure pumps are used in agriculture and irrigation applications, easy to operate, can be suitable for potable purposes as well as the robustness and durability makes it preferred choice among the end-users. The segment is expected to create an absolute dollar opportunity of US$ 662.1 Mn from 2021-2031.

What is the Potential for Sales of Submersible Pumps in Water Pumps market?

The submersible pumps segment is one of the most attractive pump types in Europe water pumps market. With rising usage in industrial wastewater sector, to domestic and public water, these pumps are suitable for varied applications. They have high economic viability and also useful in draining out flooded water. With their added advantage that can pump water from greater depths, they can be efficiently used without getting overstrained. This segment is expected to create an absolute dollar opportunity of USD 647 Mn from 2021-2031.

Who is the Leading End User of Water Pumps?

The industrial water pumps are used to transport a number of fluids in a large number of applications and sectors. Many water pumps are available for moving oils, chemical fluids, meals, beverages, sludge, wastewater, and other materials in addition to water.

Some of the more modern commercial or industrial water pumps are built to withstand harsh circumstances in a variety of climates and terrains. The target end-use industries include water/wastewater applications and agriculture and irrigation.

Europe Water Pumps Market Competitive Landscape

Water pumps market in Europe is highly consolidated with the top players holding nearly 65-70% of the Europe market. The market participants are vying to expand their geographical footprints and working closely with industry participants.

  • 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.

DESMI offered a one-stop shop for aquaculture in October 2021, with a full range of pump options. The new high flow low pressure pumps from DESMI meet a critical need in aquaculture, expanding the company's line of highly efficient and dependable pumps for fish farming. In May 2021, the company also expanding its presence in Italy. The new office, is legally a representative office of DESMI Pumping Technology A/S

Report Scop

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

US$ Million for Value and Units for Volume

Key Regions Covered

Europe

Key Countries Covered

Germany, Italy, U.K., France, Italy, Spain, Russia, Poland, BENELUX, Rest of Europe

Key Segments Covered

Capacity, Product Type, End Use And Country

Key Companies Profiled

Pricing

Available upon Request

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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 Europe

Key Questions Answered in the Report

What is the Europe water pump market size?

The Europe water pumps market is expected to total US$ 8 Bn by 2021.
By value, Future Market Insights has projected over 3.6% CAGR growth in sales of water pumps within Europe during 2021-2031.
As per Future Market Insights projections, Germany, U.K. and Russia are markets holding nearly half of the Europe market value share in 2021.
Top suppliers of water pumps within Europe include tier-1 companies such as Xylem Inc, Grundfos, Flowserve Corporation, Andritz Group, Ebara Corporation, KSB AG, Sulzer Ltd, Gormann Rupp, Franklin Electric and ITT Inc. These companies together accounted for around 65-70% share of Europe revenue in 2020.

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