DUBLIN, March 21, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/kw657g/india_water_pumps) has announced the addition of the "India Water Pumps Market Forecast & Opportunities, 2018" report to their offering.
Agriculture sector is dominating in Indian economy as it accounts for over 53% share of country's total work force. Declining water level and rising per capita water demand are major challenges being faced by population associated with agriculture sector and its allied segments. On the other hand, per capita water availability has reduced to about one third since 1940, resulting into growing demand for water pumps, where agriculture water pump is the leading segment. Other factors such as rising urbanization, infrastructure investment and industrialization (especially in water & waste water, oil & gas sectors) are also driving the water pumps market. Urbanization in India has been witnessing strong growth, where urban population is further forecasted to be increased from 290 Million in 2002 to 500 Million by the end of 2017. Export segment of water pumps have also grown immensely as it grew by over two folds during 2010-12.
According to India Water Pumps Market Forecast & Opportunities, 2018 Indian water pump market revenues are expected to grow at the CAGR of around 13% during 2013-18. Indian water pumps market is segmented into two categories i.e. Positive Displacement and Centrifugal pumps, where centrifugal pumps market is dominant. The leading companies operating in water pumps market in India are Kirloskar Brother Limited, KSB Pumps, CRI Pumps, and Shakti Pumps. Increased energy crisis and government regulation are motivating water pump manufacturers to develop energy efficient products. States such as Gujarat, Tamil Nadu and Maharashtra has strong industrial base, hence, leading in demand for industrial pumps, while Punjab and Uttar Pradesh are agriculture based states and consequently agricultural pumps are more in demand from these states.
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with water pump manufacturers, distributors and industry personnel. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Key Topics Covered:
1. Analyst View
2. India Water Pumps Market Outlook
3. India Submersible Water Pumps Market Outlook
4. India End Suction Water Pumps Market Outlook
5. India Booster Water Pumps Market Outlook
6. India Other Water Pumps Market Outlook
7. Policy & Regulatory Landscape
8. India Water Pumps Market Dynamics
9. India Water Pump Market Trends & Developments
10. India Water Pump Trade Dynamics
11. India Economic Profile
12. Competitive Landscape
13. Strategic Recommendations
14. Research Methodology
- CRI Pump
- Concentric Pumps Pune Pvt. Ltd
- Flowserve India Controls Pvt. Ltd
- Jyoti Limited
- KSB Pumps Ltd.
- Kirloskar Brothers Limited
- Mahendra Pumps (P) Ltd.
- Roto Pumps Limited
- Shakti India Pvt. Ltd
- Unnati Pumps
For more information visit http://www.researchandmarkets.com/research/kw657g/india_water_pumps
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SOURCE Research and Markets