Water Pumps in Power Industry Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis - MarkNtel Advisors

 According to Markntel Advisors Report, Water Pumps in Power Industry Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

Water pumps are mechanical devices used in the power industry to carry Power fluids, water, and other liquids by applying pressure to create flow.

 

Global Water Pumps in Power Industry Market Research Report & Summary:

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.    

Time Period Captured in the Report:

·        Historical Years: 2020-2023

·        Base Years: 2024

·        Forecast Years: 2025-2030

Who are the Key Players Operating in the Water Pumps in Power Industry Market?

The top companies of the Water Pumps in Power Industry Market ruling the industry are: 

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 and Others

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What is Included in Water Pumps in Power Industry Market Segmentation?

The Water Pumps in Power Industry Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

-By Type

-Centrifugal Pumps –Market Size & Forecast 2020–2030F, USD Million

-Overhung Pumps- Market Size & Forecast 2020-2030F, USD Million

-Vertical Line- Market Size & Forecast 2020-2030F, USD Million

-Horizontal End Suction- Market Size & Forecast 2020-2030F, USD Million

-Split Case Pumps- Market Size & Forecast 2020-2030F, USD Million

-Single/Two Stage- Market Size & Forecast 2020-2030F, USD Million

-Multi Stage- Market Size & Forecast 2020-2030F, USD Million

-Vertical Pumps- Market Size & Forecast 2020-2030F, USD Million

-Turbine- Market Size & Forecast 2020-2030F, USD Million

-Solid Handling- Market Size & Forecast 2020-2030F, USD Million

-Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million

-Axial- Market Size & Forecast 2020-2030F, USD Million

-Mixed Flow- Market Size & Forecast 2020-2030F, USD Million

-Submersible Pumps- Market Size & Forecast 2020-2030F, USD Million

-Solid Handling- Market Size & Forecast 2020-2030F, USD Million

-Non-Solid Handling- Market Size & Forecast 2020-2030F, USD Million

-Positive Displacement Pumps – Market Size & Forecast 2020 – 2030F, USD Million             

-By End-User

-Thermal Power Plants- Market Size & Forecast 2020-2030, USD Million

-Hydro Power Plants-Market Size & Forecast 2020-2030, USD Million

-Solar Power Plants -Market Size & Forecast 2020-2030, USD Million

-Geothermal Power Plants-Market Size & Forecast 2020-2030, USD Million

-Wind Power Plants-Market Size & Forecast 2020-2030, USD Million

-By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

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Global Water Pumps in Power Industry Driver:

Growing demand for Nuclear Power – As a part of the long-term energy strategies, many countries like Russia, India, China, and several other European countries are investing heavily in nuclear power. These power plants require sophisticated water pumps for cooling reactors, managing heat transfer, and supporting the broader water circulation system. With the expansion of nuclear power capabilities by the countries, the demand for high-quality water pumps increases. For instance; the government of India announced the construction of 10 new reactors in Gujarat, Rajasthan, Tamil Nadu, Haryana, Karnataka, and Madhya Pradesh to increase India's nuclear power capacity from 7,480 MW to 22,480 MW by 2032.  Water management in these nuclear plants is critical and complex requiring advanced pumps for safety and efficiency. The growing investments in nuclear plants will further derive the water pump industry in the power industry in the future as well.

Global Water Pumps in Power Industry Opportunity:

Rising Focus on Sustainability & Strict Environmental Regulations – With the global shift towards sustainability and eco-friendly resources, various regulatory bodies are emphasizing efficient water management and controlling thermal discharge within the industries. This is done to reduce environmental concerns created by untreated hazardous waste from industries. Hazardous and Corrosive substances like residues from oils, released by the Power industry are causing multiple diseases. Therefore, treatment within the plants is highly required before discharging the hot water into local ecosystems. This growing trend brings opportunities to replace traditional outdated pumps with advanced modern & eco-friendly pumps in the Power industry. These pumps can recycle and reduce the waste water instead of releasing it into the environment creating future demand for these pumps. To meet the strict environmental regulations companies like; Grundfos, Xylem, and Suzler are developing sustainable and energy-efficient water pumps.

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