Dewatering Pumps Market Share, Size, Trends, Industry Analysis Report, By Type (Submersible Dewatering Pumps and Non-Submersible Dewatering Pumps); By Capacity; By Application; By Region; Segment Forecast, 2023 - 2032

Dewatering Pumps Market Share, Size, Trends, Industry Analysis Report, By Type (Submersible Dewatering Pumps and Non-Submersible Dewatering Pumps); By Capacity; By Application; By Region; Segment Forecast, 2023 - 2032

The global Dewatering Pumps market size is expected to reach USD 11,662.69 million by 2032, according to a new study by Polaris Market Research. The report “Dewatering Pumps Market Share, Size, Trends, Industry Analysis Report, By Type (Submersible Dewatering Pumps and Non-Submersible Dewatering Pumps); By Capacity; By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The drastic worldwide increase in the consumption and need for oil & gas products and the high prevalence of construction activities, along with the wide range of benefits offered by these pumps, including abrasion resistance & enhanced operational efficiency and implementation of several stringent energy-saving regulations, are among the factor propelling the market growth.

In addition, the significant rise in R&D investments to develop more innovative and advanced products and integration of variable frequency drives further create lucrative growth opportunities for the market. For instance, in March 2023, Atlas Copco introduced an innovative electric submersible de-watering pump, “Weda D95”, incorporating state-of-the-art wear deflector technology.

The middle east and Africa region is anticipated to be the fastest growing region and will account for a substantial market share over the coming years, owing to increasing government focus and the introduction of several reimbursement policies to develop the infrastructure across numerous industries, including constriction, mining, agriculture, and oil & gas.

The growing concern over water scarcity and the need for efficient water management systems across the globe has attracted governments and many other organizations’ attention, since they are investing in dewatering pumps to manage water levels in flood-prone areas and to prevent waterlogging in agricultural fields by adopting pumps come with advanced features such as remote monitoring and control, which help in increasing their efficiency and reducing maintenance costs.

There is a significant rise in awareness regarding the need to protect the environment globally, which fuels the demand for efficient and eco-friendly dewatering pumps. Hence, companies developing innovative and sustainable dewatering pump technologies and investing in research and development of their products are likely to gain a competitive advantage ahead of their competitors.

Dewatering Pumps Market Report Highlights

Submersible dewatering pumps segment accounted for the largest market share in 2022, which is mainly driven by continuous growth in the number of constriction activities and infrastructure development

3 to 10 hp segment held the majority market revenue share in 2022 on account of its numerous beneficial features, including high robustness and enhanced durability

Construction and agriculture segment is expected to grow during the anticipated period, mainly due to significant expansion and adoption of advanced pumps in these industries

Asia Pacific led the global dewatering pump market in 2022 and is projected to maintain dominance due to urbanization, industrialization, construction, mining, water management projects, natural disaster mitigation, and rural-urban migration.

The global key market players include Gorman-Rupp Company, Kubota Corporation, Thomson Pump, Wacker Neuson, The Weir Group, and Atlas Copco

Polaris Market Research has segmented the dewatering pumps market report based on type, capacity, application, and region:

Dewatering Pumps, Type Outlook (Revenue - USD Million, 2019 - 2032)

Submersible Dewatering Pumps

Non-Submersible Dewatering Pumps

Dewatering Pumps, Capacity Outlook (Revenue - USD Million, 2019 - 2032)
0.5-3 HP
3-10 HP

10-50 HP

Above 50 HP

Dewatering Pumps, Application Outlook (Revenue - USD Million, 2019 - 2032)

Construction and Agriculture

Oil and Gas

Municipal

Mineral and Mining

Others

Dewatering Pumps, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa