Dewatering Pump Market Report

Centrifugal pumps that are set up in a building or a structure situated below the groundwater level to decrease the water level and maintain it are known as dewatering pumps. These pumps find application in the municipal, agricultural, construction, and residential sectors. Manufacturers are stressing on developing pumps with high efficiency, reliability, and wide-capacity range in order to meet the requirements of the end-use sectors.

The dewatering pump market has been undergoing a number of product launches and development. For instance, LB-800A submersible dewatering pump has exceptional motor cooling efficiency and extended dry run capability. Moreover, it allows incessant duty operation at low water levels. The epoxy and rubber encapsulated timing relay of the pump turns the unit off whenever the liquid is not there, thereby saving energy and extending the life of the motor as well as bearings. Such product launches are drive the sale of dewatering pumps, thereby having a positive impact on the market growth.

Growing Demand from the Mining Sector to act as a Key Driver in the Market

Surge in the demand from the mining and sludge treatment industries is a key factor supporting the dewatering pump market growth. Rapid industrialization and urbanization are raising the number of building and construction activities across the globe, particularly in developing economies. This has increased the need for dewatering pumps among the construction sector, thereby having a positive impact on the dewatering pump market growth. Technological advancements

Rising awareness regarding high efficiency of the pumps is boosting the adoption of dewatering pumps in the construction industry. Moreover, advancement in technologies is likely to offer lucrative opportunities for the market.

Players to Introduce New Products to Sustain the Intense Competition

Key players operating in the dewatering pump market include Xylem, KSB, Ebara, Grundfos, Tsurumi Pump, Honda Power Equipment, Nanfang Pump Industry, Veer Pump, Sulzer, Zhejiang EO Pump, Mersino Dewatering, Zoeller Pumps, Wacker Neuson, and The Weir Group. Players are taking up strategies such as novel product launches and mergers and acquisitions in order to strengthen their presence in the dewatering pump market.

For instance, lately, one of the key companies, Tsurumi Pump partnered with SmartEquip. The partnership has allowed SmartEquip to take advantage of the huge dealer network of Tsurumi Pumps. This, in turn, has resulted in increased sales and business expansion across the globe.

Key Points to Remember

●  High demand from the mining and construction industries to act as a key driver in the global dewatering pump market

●  Non-submersible dewatering pumps to witness a surge in the demand in the near future

●  Dewatering pumps are expected to gain popularity in the mining and construction sector

●  Asia Pacific to emerge as a lucrative region in the global dewatering pump market in the forthcoming years

By Product Type

●  Submersible Dewatering Pumps

●  Non-Submersible Dewatering Pumps

      By Application

●  Mining and Construction

●  Oil and Gas

●  Industrial

●  Municipal

●  Others

As per the analysts, non-submersible dewatering pumps are expected to witness a surge in the demand owing to their long-range operation capabilities and exceptional durability. The market has been divided on the basis of application as mining and construction, oil and gas, industrial, municipal, and others. According to the researchers, dewatering pumps are gaining traction in the mining and construction sector owing to surge in the construction activities, particularly in developing countries including India and China. The report also provides comprehensive analysis of the other application segments of the global dewatering pump market.

By Region

Booming construction industry and economic growth are expected to drive the demand for dewatering pumps in Asia Pacific in the coming years. Growth of the mining sector could be one of the leading factors supporting the overall growth of the dewatering pump market in Asia Pacific. Europe is expected to come up as a key region in the dewatering pump market in the near future. The regional analysis will give a clear understanding to the readers regarding the current and future situations of the dewatering pump market.

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