About Dewatering Pump
Dewatering pumps are also known as centrifugal pumps that are installed in a building, it is situated below the groundwater level so that it can reduce the water level and then maintain it at this level of pumping. For example, underground mining is the best instance for these pumps as they help in penetrating water into the adits and are then pumped up to the surface. As in open-cast mining, the groundwater level is reduced through drainage and then trenched until the pit is dry. The rising application of these pumps in different sectors is cumulating the market demand across the regions.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dewatering Pump is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs and preferences of consumers. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Dewatering Pump market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Grundfos (Denmark), Sulzer (Switzerland), Xylem (United States), The Weir Group (United Kingdom), KSB (United States), Ebara (Japan), Wacker Neuson (Germany), Tsurumi Pump (United States), Zoeller Pumps (United States) and Honda Power Equipment (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Mersino Dewatering (United States), Zhejiang EO Pump (China) and Veer Pump (India).
Segmentation Overview
AMA Research has segmented the market of Global Dewatering Pump market by Type (Submersible Dewatering Pumps and Non-Submersible Dewatering Pumps), Application (Mining and Construction, Oil and Gas, Industrial, Municipal and Others) and Region.
On the basis of geography, the market of Dewatering Pump has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Dewatering Method, the sub-segment i.e. Wellpoint Dewatering will boost the Dewatering Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of New Technologies in these Market is Trending
Market Growth Drivers:
Rising Application is Anticipated to Propel the Market Growth in Near Future and Cumulating Increasing of Mining and Construction Sector is Accumulating Market Demand
Challenges:
Lack of Skilled Labors in Developing Countries and High Cost Associated with these Pumps
Restraints:
High Initial Investment and Barriers in Acquiring Technological Know-How are Expected to be the Major Constraints for the Growth of the Dewatering Pumps Market in the Asia Pacific Region
Opportunities:
The Initiatives that are taken by governments of South Africa, United Arab Emirates, and Morocco and some countries from the Middle East and Africa are making their resources & attention to refining drinking water amenities in urban and rural areas and also explore newer water sources which are predicted to encourage the market of dewatering pumps.
Market Leaders and their expansionary development strategies
In August 2023, Atlas Copco to acquire an Australian dewatering pump manufacturer. Sykes is a global manufacturer of dewatering pumps, predominantly used for transferring water with solids and abrasive nature within the mining and wastewater sectors.
In September 2022, Sulzer launched new dewatering pumps for the smaller tasks. dewatering pumps are vital to keeping projects running to time. For the day-to-day removal of water, Sulzer has completed its lineup of dewatering pumps with the launch of five new models for drainage and sludge applications.
Key Target Audience
Dewatering Pump Manufacturing, Government Bodies and Associations, Up and Down Stream Vendors, Suppliers and Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.