Sewage Pump Market Forecasts to 2028 – Global Analysis By Product (Submersible Sewage Pump, Surface Sewage Pump, Other Products), End User (Industrial, Residential, Commercial, Other End Users) and By Geography

Sewage Pump Market Forecasts to 2028 – Global Analysis By Product (Submersible Sewage Pump, Surface Sewage Pump, Other Products), End User (Industrial, Residential, Commercial, Other End Users) and By Geography

According to Stratistics MRC, the Global Sewage Pump Market is accounted for $12.47 billion in 2022 and is expected to reach $20.35 billion by 2028 growing at a CAGR of 8.5% during the forecast period. A sewage pump is a device that transports liquid and solid sewage to the main sewage system. The system is made up of a network of pipes, and waste is gravity-fed into the main channel. Surface sewage/ground sewage pumps and submersible sewage pumps are the two types of sewage pumps.

According to the World Health Organization's assessment on water treatment development, only around 55% of residential water collected is successfully treated, posing a risk to the environment and the health of millions of people who live near dirty water sources. According to the Word Bank, population and economic expansion have accelerated the demand for water supplies. 36% of the world’s population lives in water-scarce regions. According to India Brand Equity Foundation, India plans to invest US$ 1.4 Trn on infrastructure over the next five years through the 'National Infrastructure Pipeline.' Infrastructure operations accounted for 13% of overall FDI inflows of US$ 81.72 Bn in FY21. India would need to build 43,000 dwellings every day till 2022 to realize the objective of Housing for All by 2022.

Market Dynamics:

Driver:

Rising exploration activities for new water resources

Many governments in developing countries are working to improve drinking water facilities in both urban and rural areas. Water resource exploration activities have increased as a result, which is expected to boost sales of submersible pumps with improved efficiency and capacity for domestic and agricultural use. Desalinization projects are also expected to aid in the adoption of submersible pumps, as most parts of the world still lack access to running water. As a result, these factors are expected to drive global sewage pump market growth during the forecast period.

Restraint:

Low replacement rate due to long-life

Lack of R&D has resulted in low product development and innovation. Because of their long operating life, submersible pumps and their parts have a negative impact on aftermarket sales. As a result, these factors are expected to impede the growth of the global submersible pump market over the forecast period.

Opportunity:

Development of manufacturing and supply chain network

The majority of small and medium-sized submersible pumps are sold by distributors. End users or customers are more likely to choose submersible pump distributors who offer engineering expertise, after sales services, and end-to-end solutions to meet their specific needs. Most global players pursue a strategy of expanding local networks through increased collaboration with regional and local distributors.

Threat:

Motor failure and high troubleshooting cost

Submersible pump motors are extremely reliable when used within their design temperature, hydraulic loading, as well as power requirements. These motors are ideal for use in typical agricultural, domestic, and municipal systems. Unfortunately, these motors are frequently used in applications that unknowingly exceed the motor's design criteria. Failures occur as a result, and the benefits of submersible motors are lost or quickly forgotten. Submersible motors are most commonly affected by high temperatures, which include pumping hot water, overloading the motor by the pump, damage of cooling flow past in the motor, scale build-up, and repeated engine on and off. The cost of troubleshooting such failures is strong, and it shortens the pump's life due to repairs and re-installations. As a result, the failure of pump motors and the associated cost of troubleshooting limit the growth of the sewage pumps market.

Covid-19 Impact

Most industries across the world have been negatively impacted over the last few months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. Moreover, consumer demand has also subsequently reduced as individuals are now keener on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals has been severely affected by this outbreak. These aforementioned elements are expected to burden the revenue trajectory of the global Sewage Pump market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global Sewage Pump market is expected to recover accordingly.

The submersible sewage pump segment is expected to be the largest during the forecast period

The submersible sewage pump segment is estimated to have a lucrative growth, due to rising demand from the construction, municipal, and other industries. A submersible pump is a motor that is airtight sealed and close-coupled to the pump body. This motor prevents pump cavitation and can be submerged completely in water. Submersible pumps are useful in a variety of applications due to their properties.

The residential segment is expected to have the highest CAGR during the forecast period

The residential segment is anticipated to witness the fastest CAGR growth during the forecast period. A rise in residential properties is driving demand for sewage pumps, which is also expected to cause an increase in residential sewage. Houses are equipped with these systems instead of relying on public sewers, which can become overloaded during heavy rains, resulting in blockage or back-up sewage into lakes, due to rapid urbanisation and technological advancements that have made it easy and affordable for consumers.

Region with highest share:

Asia Pacific is projected to hold the largest market shares during the forecast period owing to the majority of wastewater treatment plants are located in Asia Pacific, low raw material costs and favourable government policies. The growing concern about water scarcity is also boosting demand for submersible pumps to help with wastewater management. Furthermore, the region's thriving mining and construction industries are expected to provide a boost to the market during the forecast period.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to increasing demand for sewage pumps. Developments in the upstream oil and gas sector, as well as the announcement of oil licensing rounds, are expected to boost the country's oil and gas industry, which is expected to boost demand for submersible pumps in Europe.

Key players in the market

Some of the key players profiled in the Sewage Pump Market include Armstrong Fluid Technology, Gorman-Rupp Company, Xylem Inc., Grundfos Holding A/S, Nanjing Lanshen Pump Corp. Ltd, Tsurumi Manufacturing Co. Ltd., C.R.I. Pumps Private Ltd., Wilo Group, Sulzer Ltd., EBARA International, Pentair, KSB, Atlas Copco AB, Halliburton Energy Services, Inc., Baker Hughes Company, Schlumberger Limited and Flowserve Corporation.

Key Developments:

In April 2022, Xylem Inc. announced limited partnership investments in venture capital funds Burnt Island Ventures and Westly Group Funds III and IV to support the development of innovative water and industrial technologies. The combined US$20 Mn investment in both funds is an integral part of Xylem's external innovation program- Xylem Innovation Labs. These investments will bring the latest water technology innovations to market quickly and at scale.

In October 2021, The Gorman-Rupp Company launched new SF Series Submersible Pumps. The Gorman-Rupp line of SF Series submersible solids-handling pumps continues growth with additional models and agency certifications.

In May 2019, Armstrong Fluid Technology extended its European operations by establishing a business development office in Mannheim, Germany, where it supplies sewage and electronically controlled pumps to a wide range of end-use industries. The new Germany-based sales office would function as a specialized customer care center in Europe.

In June 2019, Tsurumi Manufacturing Co. Ltd. introduced the BZ series of heavy-duty, submersible sewage and wastewater pumps with dual-channel impellers. The discharge bores of the BZ series sewage pump types are 200 mm, 250 mm, 300 mm, and 350 mm. In November 2018, the company introduced sewage pumps with cutter impellers which is estimated to consolidate its position in the worldwide sewage pump industry.

Products Covered:
• Submersible Sewage Pump
• Surface Sewage Pump
• Other Products

End Users Covered:
• Industrial
• Residential
• Commercial
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements