Europe Water Pumps Market 2021 | Scope of Current and Future Industry 2031

Europe water pumps market is expected to exhibit year-on-year (YoY) growth of 3.8% to total ~US$ 8 Bn in 2021. As per the study, the demand for water pumps in Europe will increase by 3.6% CAGR between 2021 and 2031. By product type, axial and mixed flow water pump sales will grow by over 4.3% CAGR in overall Europe water pumps market. As of 2020, water pumps sales accounted between 53% and 55% of overall Europe pumps market.

Europe Water Pumps Market Outlook in 2021 to 2031 Vs Sales Registered in 2016-202

Between 2016 and 2020, the Europe water pumps market expanded at a CAGR of over 0.5%. Many of the significant advances in pump technology have their origins in long-established European enterprises, which have been aided by a variety of specialist technical groups as well as government funding.

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Pump production is one of the few industrial sectors in which Europe continues to perform at least on pace with, if not better than, its worldwide competitors. It has enjoyed a strong positive trade balance with other major alliances in Asia and the Americas for many years, and it continues to do so.

europe water pumps market

What are the Opportunities for Water Pumps Suppliers within Europe?

The water pumps sector in Europe is confronted by a number of opportunities such as need to reduce the energy consumption in number of European countries, keep at par with the customer requirements and maintaining the position with respect to global vendors and expanding presence from regional to global levels.

Along with this, there are increasing opportunities in accordance with the supporting framework for energy efficiency as well as addressing needs of the emerging markets including but not limited to chemicals and petrochemicals.

As the Europe pump sector matures, emerging technologies like intelligent pump systems are expected to be the primary engine of future growth. The need for these “smart” pumps is growing in a variety of end-user segments, including water and wastewater treatment, building automation, and food and beverage.

Several EU regulations have been implemented through national legislation to ensure that ambient, drinkable water, and wastewater meet acceptable quality criteria, as well as to increase the rate of home sewage connection.

The water and wastewater industry’s increased focus on reducing energy usage and pump lifetime costs is encouraging the adoption of smart pumps across Europe. Tough environmental laws aimed at lowering greenhouse gas and carbon emissions help the smart pump business thrive.

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How will Industrial Internet of Things Encourages Intelligent Pumps Sales in Europe

Pump manufacturers are incorporating new technological features into current pumps in response to increased customer demand for maximum production from legacy equipment. Advanced approaches such as predictive maintenance, remote monitoring, digital twin technology, Artificial Intelligence (AI), and virtual reality/augmented reality (VR/AR) are in high demand with IIoT.

Europe Water Pumps Market Competitive Landscape

Water pumps market in Europe is highly consolidated with the top players holding nearly 65-70% of the Europe market. The market participants are vying to expand their geographical footprints and working closely with industry participants.

  • In May 2021, the KSB Group launched the latest generation of its time-tested submersible grey water pumps-the AmaDrainer 3 type series, which is a vertical single-stage fully floodable submersible motor pump.

DESMI offered a one-stop shop for aquaculture in October 2021, with a full range of pump options. The new high flow low pressure pumps from DESMI meet a critical need in aquaculture, expanding the company’s line of highly efficient and dependable pumps for fish farming. In May 2021, the company also expanding its presence in Italy. The new office, is legally a representative office of DESMI Pumping Technology A/S

Key Europe Water Pumps Market Segments Covered

By Capacity:

  • Upto 2HP
  • 2-5 HP
  • 5-10 HP
  • 10-15 HP
  • 15-20 HP
  • 20-30 HP
  • Above 30 HP

By Product Type:

  • Centrifugal Pump
    • Single Stage
    • Multi Stage
    • Axial & Mixed Flow
    • Circulator
  • Positive Displacement
    • Reciprocating
    • Rotary

By End Use Sector:

  • Centrifugal Pump
    • Domestic
    • Agriculture & Irrigation
    • Mining
    • Water & Wastewater
  • Positive Displacement
    • Oil & Gas
    • Chemical
    • Water & Wastewater
    • Pulp & Paper

By Country:

  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • Russia

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Key Questions Answered in the Report

What is the Europe water pump market size?

Who are the leading water pump manufacturers within Europe?

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