India Electric Water Pump Market (2020-2026) | Analysis, Size, Companies, Value, Revenue, Forecast, COVID-19 IMPACT, Outlook, Share, Industry, Trends & Growth

India Electric Water Pump Market report thoroughly covers the market by types, sales channels, and regions. India electric water pump market outlook report provides an unbiased and detailed analysis of the on-going India electric water pump market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Electric Water Pump Market Synopsis

India Electric Water Pump Market witnessed moderate growth during the period 2016-2019 underpinned by rapid growth in the residential & commercial sector owing to the ongoing urbanization of multiple cities in India, along with rising demand from agriculture as a result of the agricultural initiatives taken by the Government to strengthen the irrigation infrastructure in rural parts of the country. The rising construction of water/sewage treatment plants is another major factor driving the growth of the electric water pump market in India. However, the outbreak of the COVID-19 pandemic is anticipated to bring a decline in the market revenues during the year 2020 as a result of the falling demand from the residential and commercial sector due to a halt in the business operations, construction works and the stringent lockdown imposed across the country. Despite the decline in market revenues during 2020, recovery is expected in market revenues post-2020, with the gradual opening of economic activities and restart of construction projects. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, India Electric Water Pump Market size is projected to grow at CAGR of 4.6% during 2020-2026. The major demand generating sector for electric water pumps in India has been the agriculture and construction sector that comprises of both real estate and urban development. Rising government concern for rural electrification and strengthening irrigation infrastructure would bode well for the electric water pumps market in India over the coming years. Increasing investments in the urban infrastructure with an aim to develop several smart cities, along with several upcoming projects for treating wastewater and sewage such as the National Mission for Clean Ganga, sewage treatment plants in Budhana and Muzaffarnagar, wastewater treatment plant to be built by SUEZ in Delhi would further propel the demand for electric water pumps during the forecast period.

Market Analysis by Types

Based on Types, the agricultural sector has captured the majority of the market revenue share in 2019, and the segment is expected to dominate the overall market in the forecast period as well since the water supply is the foremost requirement in the agriculture domain for producing water-intensive crops. The residential and commercial sector is anticipated to generate huge demand for electric water pumps in terms of volume across the country in the forthcoming period on the back of multiple construction projects in the implementation and conceptualization stage such as the industrial park project in Orissa, textile park project in Uttar Pradesh, Mahindra industrial park project in Gujarat and several other such projects.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects

Key Highlights of the Report:

• India Electric Water Pump Market Overview
• India Electric Water Pump Market Outlook
• India Electric Water Pump Market Forecast
• India Electric Water Pump Market Size and India Electric Water Pump Market Forecast for the Period, 2020-2026F
• India Electric Water Pump Market Overview, By Key States
• Historical Data and Forecast of India Electric Water Pump Market Revenues and Volume, for the Period 2016-2026F
• Historical Data and Forecast of India Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Residential & Commercial Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Agriculture Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Special Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Electric Water Pump Accessories Market Revenues, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Electric Water Pump Market Revenues, By Sales Channel, for the Period 2016-2026F
• Historical Data and Forecast of India Electric Water Pump Market Revenues, By Regions, for the Period 2016-2026F
• Historical Data and Forecast of India Key States Electric Water Pump Market Revenues and Volume, for the Period 2016-2026F
• Historical Data and Forecast of India Key States Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Key States Residential & Commercial Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Key States Agriculture Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Key States Special Electric Water Pump Market Revenues and Volume, By Types, for the Period 2016-2026F
• Historical Data and Forecast of India Key States Electric Water Pump Accessories Market Revenues, By Types, for the Period 2016-2026F
• India Electric Water Pump Market Drivers and Restraints
• India Electric Water Pump Market Trends
• India Electric Water Pump Market Value Chain and Ecosystem
• India Electric Water Pump Market SWOT Analysis
• India Electric Water Pump Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

• Types:
• Residential and Commercial
• Agriculture
• Special
• Pump Accessories
• Residential and Commercial, By Types:
• Self-Priming Monoset
• Centrifugal Monoblock
• Openwell Submersible, By Types
• Vertical, By Operation Type
• Single Stage
• Multi-Stage
• Horizontal, By Operation Type
• Single Stage
• Multi-Stage
• Borewell Submersible
• Pressure Boosting

• Agriculture, By Types:

• Centrifugal Monoblock
• Openwell Submersible
• Borewell Submersible

• Special, By Types:

• Pressure Washing
• Dewatering/Sewage
• Pump Accessories, By Types:
• GSM Mobile Starter
• Digital Control Panel
• Sales Channels:
• Direct Sales
• Retails & Resellers
• Online
• Regions:
• Northern
• Western
• Eastern
• Southern
• Key States:
• Uttar Pradesh
• Rajasthan
• Maharashtra
• Madhya Pradesh
• West Bengal
• Bihar
• Karnataka
• Andhra Pradesh