Future Water Pumps in Power Industry Market: Key Dynamics, Size & Share Analysis

The Global Water Pumps in Power Industry size was valued at around USD 4.12 billion in 2024 and is projected to reach USD 4.52 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 1.9% during the forecast period, i.e., 2025-30. The rise in the global energy demand and increasing focus on the use of renewable energy are some major growth factors. Also, the global environmental regulations and technological advancements in the field are further pushing the market demand.

Top Trend Impacting the Water Pumps in Power Industry Market Growth

Digitalization and Infusion of Smart Pump Technologies – Integration of water pumps with AI and IoT for creating smart pumps has become a new trend in the industry. This would help in real-time monitoring, data collection, and control of the pumping systems. With data analysis, predictive maintenance strategies can be developed to reduce downtime and increase the pump’s lifecycle. For instance: Xylem and Flowserve have already started the development of IoT-enabled water pumps. Predictive maintenance could reduce costs by around 30%. Moreover, digitalization is driving a trend towards energy-efficient pumping solutions. It has become a basic need in the Power industry due to its high energy consumption in variable speed pumps.

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Understanding the Core Segments in the Water Pumps in Power Industry Market

Water Pumps in Power Industry Market Size, Share & Industry Trends Analysis- By Type (Centrifugal Pumps [Overhung Pumps, Split Case Pumps, Vertical Pumps, Submersible Pumps], Positive Displacement Pumps), By End-User (Thermal Power Plants, Hydro Power Plants Solar Power Plants Geothermal Power Plants Wind Power Plants), By Region (North America South America Europe The Middle East & Africa Asia-Pacific) and Others

Geographical Analysis of the Water Pumps in Power Industry Market

  • Asia-Pacific
  • North America
  • South America
  • Europe
  • The Middle East & Africa

Asia-Pacific holds the largest share of approximately 40% in the Global Water Pumps in the Power Industry.

Who Dominates the Water Pumps in Power Industry Market Insights on Key Industry Players?

Companies are strengthening their presence in the Water Pumps in Power Industry market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • Grundfos
  • Sulzer Ltd.
  • Xylem Inc.
  • Flowserve Corporation
  • KSB SE & Co. KGaA
  • Weir Group
  • Wilo SE
  • Pentair PLC
  • ITT Inc.
  • Torishima Pump MFG. Co. LTD.
  • PSG Dover
  • Others

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