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
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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.
By Product Type
- Submersible Dewatering Pumps
- Non-Submersible Dewatering Pumps
- Mining and Construction
- Oil and Gas
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.
Market Analysis by Regions and Countries
The Middle East and Africa (GCC Countries and Egypt.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia.)
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