Pumps Market in India 2016-2020

  • Published: Aug 2016
  • Pages: 110
  • SKU: IRTNTR9953

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This industry research report identifies C.R.I. Pumps, Flowserve, Grundfos, Kirloskar, KSB, and Texmo Industries as the key vendors in the pumps market in India. This report also presents a competitive analysis of the market by product (centrifugal and positive displacement pumps) and by end-user (agriculture, building services, power generation, oil and gas, water and wastewater, and others).

Overview of the pumps market in India

Market research analysts at Technavio have predicted that the pumps market in India will grow steadily during the predicted period and will post a CAGR of almost 10% by 2020. Owing to increased consumption, the pump manufacturers have been concentrating only on the needs of the domestic market, mainly to the agriculture and building services industries. The influence of linearization, privatization, and globalization of the Indian pump market have compelled manufacturers to export their products to foreign countries where the demand for pumps in high in industries such as oil and gas, steel, and mining. Currently, the US and Germany are the revenue contributors to the market. Factors such as the rising demand for oil and the increased investments in water and wastewater treatment activities will have a huge impact on pump exports in India, which will drive the demand for the market during the predicted period.

The pumps market in India will witness the emergence of intelligent pump systems and micro disc pump technology in the next few years. Intelligent pump systems can control and regulate the flow or pressure of the fluid, can adjust to process changes, and also have a fault tolerant design, which will induce several manufacturers to adopt these pumps as they reduce the total cost of ownership without compromising performance parameters. Also, the micro disc pump technology will help manufacturers develop small-size and energy-efficient disc pumps that can be used in medical applications such as wound therapy and blood pressure measurement.

Competitive landscape and key vendors

The pumps market in India is characterized by the presence of several international vendors, large regional vendors, and small and mid-sized regional vendors. The market appears to be highly competitive. The large Indian vendors compete directly with global players, and since they have a wide distribution channel, the global vendors find it difficult to penetrate the market. Moreover, products from the large regional vendors are much cheaper when compared to global vendors, which also makes it difficult for global players to establish their presence in the market. In terms of product pricing, the small regional vendors pose a threat to both the large Indian vendors and global vendors as their prices are comparatively lower than large vendors.

The leading vendors in the market are -

  • C.R.I. Pumps
  • Flowserve
  • Grundfos
  • Kirloskar
  • KSB
  • Texmo Industries

The other prominent vendors in the market are Best Pumps, Falcon Pumps, Sam Turbo Industry, Sulzer, Jyoti, Shakti Pumps, WPIL, and V-Guard.

Segmentation by product and analysis of the pumps market in India

  • Centrifugal
  • Positive displacement pumps

During 2015, the centrifugal pumps segment accounted for more than 93% of the total share of the market and dominated the industry. This mainly attributes to the growing infrastructure development. Also, the rise in urbanization increases the need for water and other utilities such as oil and gas, water, and power, in turn, creating the demand for centrifugal pumps.

Segmentation by end-user and analysis of the pumps market in India

  • Agriculture
  • Building services
  • Power generation
  • Oil and gas
  • Water and wastewater

This market study estimates that the agriculture segment will account for about 35% of the total share of the pumps market in India by 2020 and will also dominate this market throughout the forecast period. The increase in consumption rate, rise in agriculture exports, the growth in the food processing industry, and growth in organic farming will result in the growth of the agriculture sector, which will subsequently increase the demand for pumps in the coming years. Additionally, the expected investments from the government toward irrigation projects will also drive the demand for the market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the pumps market in India?
  • What are the key market trends impacting the growth of the pumps market in India?
  • What are the challenges to market growth?
  • Who are the key vendors in the pumps market in India?
  • What are the market opportunities and threats faced by the vendors in the pumps market in India?
  • Trending factors influencing the market shares of India.
  • What are the key outcomes of the five forces analysis of the pumps market in India?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Five forces analysis

PART 06: Market segmentation by product

  • Market overview
  • Centrifugal pump market in India
  • Positive displacement pump market in India

PART 07: Market segmentation by end-users

  • Market overview
  • Agriculture sector
  • Building services
  • Water and wastewater industry
  • Power generation
  • Oil and gas industry

PART 08: Geographical segmentation

PART 09: Market drivers

  • Growing use of solar pumps
  • Rise in pump exports
  • Demand for energy-efficient pumps in agriculture sector

PART 10: Impact of drivers

PART 11: Market challenges

  • Strong presence of unorganized sector
  • Poor quantity and quality of electricity supply

PART 12: Impact of drivers and challenges

PART 13: Market trends

  • Magnetic drive pumps
  • Emergence of intelligent pump systems and micro disc pump technology
  • Next-generation industrial automation

PART 14: Vendor landscape

  • Competitive scenario
  • Key market prospects
  • Market share analysis
  • Vendors operating in agricultural pump market
  • Vendor mapping
  • Other prominent vendors

PART 15: Key vendor analysis

  • C.R.I. Pumps
  • Flowserve
  • Grundfos
  • Kirloskar
  • KSB2
  • Texmo Industries

PART 16: Appendix

  • List of abbreviations

PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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