Meeting Fluid Handling Needs
The Europe Water Pumps Market was worth US$ 8 billion in 2021 and is expected to be worth US$ 11.4 billion by 2031, growing at a CAGR of 4.3% between 2021 and 2031.
Europe has long been the market leader in water pumps. This state is expected to continue even in the forecast period.
More than 25% of the European population uses 2 HP water pumps. The main applications are irrigation, ease of use, and suitability for potability. Durability and robustness are also advantages here.
There are submersible pumps that are being used in the field of industrial wastewater. They help a great deal in draining out the flooded water and are cost-effective. Another benefit is that water pumps from greater depths could be used very well, that too, without witnessing any sort of overstaining.
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Industrial water pumps are used for transporting numerous fluids in numerous sectors. These water pumps are being made available to move chemical fluids, oils, beverages, meals, wastewater, sludge, and the other materials (apart from water). Certain modern commercial/industrial water pumps have been built for withstanding harsh circumstances with respect to terrains and climate. Herein, the end-use verticals are inclusive of wastewater/water applications, irrigation, and agriculture.
Stationery pumps account for more than 80% of the overall market share. This could be attributed to the fact that they are abreast with the motor located above the ground level. The bottom of the pump is connected through vertical shaft. Either an AC electric induction motor (through right-angle drive) or a diesel engine drive these water pumps.
The pharmaceutical vertical is also expected to contribute toward growth of Europe water pump market in wake of distilled water needed for processing of drugs.
Future Market Insights has entailed these facts with future prospects in its latest market study entitled ‘Europe Water Pumps Market’. Its indigenous team comprising analysts and consultants have etched every type of research like primary, secondary, and tertiary in the market study considering bottom-up approach.
Key Takeaways from Europe Water Pumps Market
"Rapidly expanding food & beverages and building & construction verticals ought to take Europe Water Pumps Market to a new ‘high’ in the upcoming period", says an analyst from Future Market Insights.
What does the Report Cover?
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Key Europe Water Pumps Market Segments Covered
By Product Type:
By End Use Sector:
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Table of Content
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3.1. Key Trends Impacting the Market
4.1. Product Adoption / Usage Analysis
4.2. Product innovation & Diversification
5.1. Historical Market Volume (Mn Units) Analysis, 2016-2020
5.2. Current and Future Market Volume (Mn Units) Projections, 2021-2031
5.3. Y-o-Y Growth Trend Analysis
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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