The global dewatering pumps market size is expected to reach $10,133.4 million in 2026 from $6,374.1 million in 2018, growing at a CAGR of 5.9% from 2019 to 2026.
Dewatering is a process that helps to eradicate water from solid material or soil through centrifugation, filtration, wet classification, or alike solid-liquid separation methods. A dewatering pump is specially designed to handle sediment-laden water from a construction site, sediment basin, or an excavated area.
Several benefits offered by dewatering pumps such as abrasion resistance & enhanced operational proficiency and implementation of stringent energy-saving government regulations to monitor the manufacture of pumps are the key factors that propel the growth of the global dewatering pumps market. In addition, a rise in construction activities globally is projected to fuel the development of the industry. Moreover, the worldwide increase in consumption of oil & gas products is expected to boost the market growth. However, uneven prices of raw materials are the major challenge faced by the vendors operating in the dewatering pump industry, thereby hampering the market growth. On the contrary, upsurge in demand for water & wastewater management is anticipated to offer lucrative opportunities for the players in the dewatering pumps industry.
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The key market players profiled in the report of dewatering pumps market include Atlas Copco, EBARA Corporation, Flowserve Corporation, Grundfos, Gorman-Rupp, ITT INC., KSB SE & Co., Sulzer Ltd., The Weir Group PLC, and Xylem. Other companies operating in the market are Honda Power Equipment, BBA Pumps, Designed & Engineered Pumps, Ruhrpumpen, Atlantic Pumps Ltd, Tsurumi Pump, Veer Pump, Wacker Neuson, Mersino Dewatering, Kirloskar Pumps, and Zoeller Pumps.
Many competitors in the dewatering pumps market adopted product launch as their key developmental strategy to improve their product portfolio and sustain the intense competition. For instance, in January 2018, Gorman-Rupp introduced an innovative ValuPrime Line, which is an economical priming-assisted submersible dewatering pump.
GLOBAL DEWATERING PUMPS MARKET SEGMENTS
• Submersible Dewatering Pumps
• Non-submersible Dewatering Pumps
• Construction & Agriculture
• Oil & Gas
• Mineral & Mining
The global dewatering pumps market is segmented based on type, application, and region. On the basis of type, the market is categorized into the submersible dewatering pump and non-submersible dewatering pumps. The submersible dewatering pump segment is anticipated to dominate the global dewatering pumps market in the upcoming years. By application, the market is segregated into construction & agriculture, oil & gas, municipal, mineral & mining, and others. The construction & agriculture segment is projected to dominate the global dewatering pumps market throughout the study period.
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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, Asia-Pacific, South America, Middle East, and Africa after evaluating political, economic, social and technological factors affecting the market in these regions.
Global Dewatering Pumps Market study covers market space, opportunities and risks faced by most vendors from the Dewatering Pumps Market, chances, and promote risk and market review of this Market.
Reason to Buy
To describe define and analyses the Dewatering Pumps Industry centered on product type, application, and region.
To forecast and analyses the Global Dewatering Pumps market at country-level in each region.
To analyze each Sub-market with respect to individual growth trends and its particular participation to the Dewatering Pumps Market.
To strategically profile key players in the Dewatering Pumps Industry and comprehensively analyze their growth strategies
To identify important Dewatering Pumps market Trends and factors driving or preventing the growth of the market.
To examine changes in the Dewatering Pumps Industry for investors by identifying high-growth segments of the market.
To assess competitive progress for example Expansions, risks, brand new services/products launches, and acquisitions in the Dewatering Pumps Industry.
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