"Increasing Application in Various Industries is increasing the Demand for Dewatering Pumps Market"

Globally, the dewatering pumps market is expected to grow with a CAGR of 6.4% during the forecast period from 2025 to 2033 and accounts for a market value of US$ 8.16 Bn in 2021. Dewatering pumps are used to drain or remove the surface water or groundwater from various places such as sewage plant, construction site, mineshaft, power plants, construction industries, cement plants, thermal plants, or riverbed. It works by evaporating or pumping out the water. Rising adoption of water removal pumps to remove the water, which is gather in the exhume foundations, or pit and flow in construction activities in urban areas are expected to growth demand for dewatering pumps market globally.

Globally, several infrastructure developments are creating need for effective equipment that helps use less water and simplify the draining process. Factors such as growing developments in the building and construction industry, increasing demand for various resources in mining industry, and rapid industrialization and growing urbanization in various developing and underdeveloped countries are driving the growth of dewatering pumps market. However, high cost of operations and installation, and variable cost of raw material are likely to hinder the growth of this market during the forecast period.

"Dewatering pumps with Submersible Dewatering Pumps by its Type Segment Continue to Dominate the Market"

In 2020, the overall dewatering pumps market was led by the submersible dewatering pumps by contributing around 2/3rd of the total revenue generated globally in 2020. There are various benefits of using submersible dewatering pumps due to their ability to pump the water from deep down water table under the ground. These pumps use the existing pressure present in it to throw the water on the surface. Additionally, these pumps save time for draining or pushing the water on the surface.

"Asia-Pacific Dominates the Market by Region"

The global dewatering pumps market was led by Asia-Pacific by holding a market share of over 35% due to increasing development in various industries such as construction, power generation, mining and others. The presence of various local and key vendors, which are offering advance and cost effective pumps in the region, is also contributing in the growth of the market. Moreover, China is considered as the dominating country present in the region and globally, which is offering all range of pumps with low cost. Additionally, various key players are also focusing on expansion of their business in Asia-Pacific region to increase their market, which is contributing in the growth of the market.

Some of the prominent players operating in the dewatering pumps market includes Grundfos AS,  Sulzer Ltd.,  The Weir Group,  Ebara Corporation,  Xylem Inc.,  KSB Pumps Ltd., Wacker Neuson SE, TSURUMI MANUFACTURING CO.,LTD., American Honda Motor Co., Inc.,  Nanfang Pump Industry Co.,Ltd., Zoeller Pump Company,  Mersino Dewatering, Zhejiang EO PumpVertiv Co, and Veer Pump Industries.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Dewatering Pumps market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Dewatering Pumps market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Dewatering Pumps market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Dewatering Pumps market?
• Which is the largest regional market for Dewatering Pumps market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Dewatering Pumps market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Dewatering Pumps market worldwide?