Water Pump Market Size, Share, Development, Growth and Demand Forecast to 2020
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- Date Submitted: 09/09/2015 02:26 AM
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Water Pump Market Size, Share, Development, Growth and Demand
Forecast to 2020
Global Water Pump Market Size, Share, Development, Growth
and Demand Forecast to 2020
The global water pump market was valued at $40,452.9million in 2014 and it is expected to grow
at a CAGR of 5.6% during the period 2015 - 2020. The factors driving the growth of global water
pump market include growing construction industry, rising disposable income, growing water
scarcity, rapid industrialization in developing economies, and rising level of urbanization. By
technology, the centrifugal water pump segment accounted larger share in the global market in
2014, and it is expected to grow at a CAGR of 4.8% during the period 2015 - 2020. Water scarcity
is one of the major factors driving the demand for water pumps, as governments around the world
are directing industries to recycle and reuse water. In 2011, in its Twelfth Five Year Plan, the
Chinese government allocated $60 billion for the urban wastewater system in the country.
The information and data in the publication “Global Water Pump Market Size, Share,
Development, Growth and Demand Forecast to 2020” represent the research and analysis of
data from various primary and secondary sources. Bottom-up approach has been used to calculate
the global water pump market by technology and by end-user. The market numbers for regions are
also derived through bottom-up approach. P&S Market Research analysts and consultants interact
with leading companies of the concerned domain to substantiate every single data presented in this
report. The company bases its primary research on discussions with prominent professionals and
analysts in the industry, aided by informed and detailed online and offline research.
Rapid growth of the urban population is creating pressure on the existing water infrastructure
which includes delivery of utility water and removal and treatment of wastewater. To overcome this
situation, various...
Forecast to 2020
Global Water Pump Market Size, Share, Development, Growth
and Demand Forecast to 2020
The global water pump market was valued at $40,452.9million in 2014 and it is expected to grow
at a CAGR of 5.6% during the period 2015 - 2020. The factors driving the growth of global water
pump market include growing construction industry, rising disposable income, growing water
scarcity, rapid industrialization in developing economies, and rising level of urbanization. By
technology, the centrifugal water pump segment accounted larger share in the global market in
2014, and it is expected to grow at a CAGR of 4.8% during the period 2015 - 2020. Water scarcity
is one of the major factors driving the demand for water pumps, as governments around the world
are directing industries to recycle and reuse water. In 2011, in its Twelfth Five Year Plan, the
Chinese government allocated $60 billion for the urban wastewater system in the country.
The information and data in the publication “Global Water Pump Market Size, Share,
Development, Growth and Demand Forecast to 2020” represent the research and analysis of
data from various primary and secondary sources. Bottom-up approach has been used to calculate
the global water pump market by technology and by end-user. The market numbers for regions are
also derived through bottom-up approach. P&S Market Research analysts and consultants interact
with leading companies of the concerned domain to substantiate every single data presented in this
report. The company bases its primary research on discussions with prominent professionals and
analysts in the industry, aided by informed and detailed online and offline research.
Rapid growth of the urban population is creating pressure on the existing water infrastructure
which includes delivery of utility water and removal and treatment of wastewater. To overcome this
situation, various...