Thailand Water Pump Market

A water pump is a device that moves water by mechanical action. Pumping of water is a basic and practical technique regardless of it whether water is drawn from a fresh source or moved to a needed location. Over the years, water pump has evolved significantly with rising use in various sectors including commercial as well as residential. There are two major types of water pumps namely centrifugal pump and positive displacement pump. Centrifugal pumps are deployed for medium head and discharge. Water pumps are operated by different sources of energy including electric, fuel engines, or wind power. These water pumps find applications in various end-use sectors including commercial, residential, agricultural, etc.

Market Dynamics

Increasing rapid urbanization and industrialization in Thailand is increasing the demand of water pumps in Thailand. According to Coherent Market Insights’ analysis, in 2014, industrial and municipal segmented accounted for around 33% in the Thailand world pump market. This increment in pump use is expected to rise in the future also. Furthermore, increasing demand of low cost and energy water pumps expected to drive the Thailand market in the forecast period. According to Coherent Market Insights’ analysis, as of 2014, Thailand is one of the major countries in water consumption for food production as well as agro-industrial activities.

Due to these reason Thailand becomes major consumer of pump manufactures and to capture Thailand market key players are launching new products in the market. For instance, in September 2019, Sulzer Ltd. introduced XJ 900, a submersible drainage pump with a high-efficiency electric motor.

Market Taxonomy

This report segments the Thailand water pump market on the basis of Product Type, Pump Capacity, End-Use Application and region. On the basis of Product Type, the Thailand water pump market is segmented into Centrifugal Water Pump and Monobloc Water Pump. On the basis of Pump Capacity, the market is segmented into Small/Mini Pumps and Medium Size Pumps. On the basis of End-Use Application, the market is segmented into Industrial, Domestic and Agriculture. On the basis of Region, the market is segmented into Northern Thailand, North Eastern Thailand, Central & Eastern Thailand and Southern Thailand

Key features of the study:

• This report provides an in-depth analysis of the Thailand water pump market and provides market size (US$ Million and Units) and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the Thailand water pump market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Grundfos, Venz Industrial Co., Ltd., Sulzer Ltd., Hung Pump Group, KSB AG, Nanfang Pump Industry Co. Ltd., Kirloskar Brothers Limited, Shanghai Kaiquan Pump Group Co Ltd, Flowserve Corporation, and Ebara Corporation.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
• The Thailand water pump market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Thailand water pump market

Detailed Segmentation:

• Thailand Water Pump Market, By Product Type:
• Centrifugal Water Pump
• Monobloc Water Pump
• Thailand Water Pump Market, By Pump Capacity:
• Small/Mini Pumps
• Up to 3 HP
• 3-5 HP
• Medium Size Pumps
• 5-10 HP
• 10-15 HP
• 15-20 HP
• 20-30 HP
• Thailand Water Pump Market, By End-Use Application:
• Industrial
• Domestic
• Agriculture
• Thailand Water Pump Market, By Region:
• Northern Thailand
• North Eastern Thailand
• Central & Eastern Thailand
• Southern Thailand
• Company Profiles
• Grundfos *
• Company Overview
• Product Portfolio
• Financial Performance
• Key Strategies
• Recent Developments
• Future Plans
• Venz Industrial Co., Ltd.
• Sulzer Ltd.
• Hung Pump Group
• KSB AG
• Nanfang Pump Industry Co. Ltd.
• Kirloskar Brothers Limited
• Shanghai Kaiquan Pump Group Co Ltd
• Flowserve Corporation
• Ebara Corporation.

*Browse all the market data tables and figures on "Thailand Water Pump Market - Forecast to 2027”