How big is the Water Pump Market | Industry Trends & Forecast 2025

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Code: MTA9689

Publication Date: Oct 2025

What is the size of Water Pump Market?

According to 6Wresearch internal database and industry insights, the Global Water Pump Market was valued at USD 8900 Billion in 2024 and is expected to reach USD 13500 Billion by 2031, growing at a compound annual growth rate of 7.30% during the forecast period (2025-2031).

Key factors behind this expansion include an increased desire for an assured supply of water in residential, agricultural, and industrial purposes, fast paced urbanization, and an increased number of infrastructure projects. Innovation of energy efficient pumps and a growing acceptance of smart monitoring systems positively contribute to market growth.

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Growth Factors for Water Pump Industry

Rising agricultural irrigation needs driving centrifugal and submersible pump demand.
Expanding residential and commercial construction projects requiring water supply systems.
Industrial growth increasing demand for process water pumping solutions.
Government investments in water infrastructure modernization.
Advancements in smart and energy-efficient pumping technologies.

Water Pump Market Trends

Trends in the water pump market point toward an increased uptake of more energy-efficient and solar-powered pumps, particularly in agriculture and rural water supply applications. Smart pumps with IoT-enabled monitoring systems are becoming more common as a means of predictive maintenance and operational efficiency. There is a trend towards more compact modular designs and durable pumps for a variety of end users. Infrastructure projects in urban areas and wastewater treatment plants are supporting the demand for large-scale pumps. In addition, e-commerce channels are providing access to products intended for households and small businesses.

Emerging Developments in the Water Pump Market

Developments in the water pump market are focusing on the introduction of innovative variable frequency drive (VFD) technology to increase energy efficiency. Manufacturers are trending toward using eco-friendly materials and corrosion-resistant designs to lengthen the life of their products. Pump manufacturers and digital technology companies are collaborating to provide solutions for smart pumps. Manufacturers are also developing solar-powered and hybrid systems to promote sustainable energy use. Finally, emerging service-based models, including maintenance contracts and subscription-based monitoring systems, are providing additional value.