Market Forecast By Flow (Axial Flow, Radial Flow, Mixed Flow), By Stage (Single-Stage, Multi-Stage), By End-User (Residential, Commercial, Agriculture, Industrial) And Competitive Landscape
Product Code: ETC286404 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India centrifugal pump market import shipments exhibited a robust growth trajectory from 2020 to 2024, with a notable CAGR of 14.1%. The growth momentum remained strong in the latest period, with a growth rate of 13.3% between 2023 and 2024, indicating continued expansion and market dynamism.
Report Name | India Centrifugal Pump Market |
Forecast period | 2025-2031 |
CAGR | 5.6% |
Growing Sector | Residential |
The India Centrifugal Pump Market Report thoroughly covers the market by flow, stage, and end-user. The India Centrifugal Pump Market Outlook report provides an unbiased and detailed analysis of the ongoing India Centrifugal Pump Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India centrifugal pump market is expected to grow at a significant growth rate in the future. The main factors driving this growth are the increasing demand for water and wastewater treatment, rapid industrialization, and the growing agricultural sector in India.
According to 6Wresearch, the India Centrifugal Pump Market size is projected to rise at a CAGR of 5.6% during 2025-2031. The rapid industrialization in India has also led to an increase in the demand for centrifugal pumps as they are essential for various industrial processes such as oil and gas, power generation, chemical processing, and mining. The growing agricultural sector in India is another major contributor to the demand for centrifugal pumps, as these pumps are extensively used for irrigation purposes.
Despite the market's promising growth prospects, several challenges must be addressed. One of the major challenges faced by the market is the high cost of pump maintenance and repair, which can significantly impact profit margins for manufacturers and end-users. Moreover, the lack of skilled technicians and engineers in the pump industry is another challenge that needs to be addressed for smooth operations and maintenance. These challenges are hindering the India Centrifugal Pump Market growth.
Some of the key players operating in the India centrifugal pump market include Kirloskar Brothers Limited, Crompton Greaves Consumer Electricals Ltd., KSB SE & Co. KGaA, Flowserve Corporation, Sulzer Ltd., and Grundfos Holding A/S. These companies are constantly investing in research and development activities to introduce new and advanced products, further driving the market growth.
The Indian government has been taking various initiatives to promote the growth of the centrifugal pump market in the country. One such initiative is the "Make in India" program which aims to boost domestic manufacturing and reduce dependence on imports. This has led to an increase in local production of centrifugal pumps and has created job opportunities in the manufacturing sector. Moreover, with the implementation of GST (Goods and Services Tax) in 2017, the taxation system has been simplified, making it easier for companies to do business in India. This has also helped in reducing the overall cost of production for centrifugal pumps, leading to a further increase in their demand.
India continues to develop and modernize its infrastructure, the demand for centrifugal pumps is expected to increase. With advancements in technology and innovation, coupled with a growing focus on energy efficiency and sustainability, the India centrifugal pump market is poised for significant growth in the coming years. This presents numerous opportunities for both domestic and international players to enter and expand their presence in this lucrative market.
According to Sachin, Senior Research Analyst, 6Wresearch, In the Indian centrifugal pump market, one of the key factors driving its growth is the increasing demand for multi-stage pumps. Multi-stage pumps are typically designed with two or more impellers, allowing them to generate higher pressures and flow rates compared to single-stage pumps.
The residential segment is expected to dominate the India centrifugal pump market in terms of revenue during the forecast period. This can be attributed to the increasing demand for clean drinking water and well-water supply systems in rural areas.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Centrifugal Pump Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Centrifugal Pump Market Revenues & Volume, 2021 & 2031F |
3.3 India Centrifugal Pump Market - Industry Life Cycle |
3.4 India Centrifugal Pump Market - Porter's Five Forces |
3.5 India Centrifugal Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Centrifugal Pump Market Revenues & Volume Share, By Operation Type, 2021 & 2031F |
3.7 India Centrifugal Pump Market Revenues & Volume Share, By Stage, 2021 & 2031F |
4 India Centrifugal Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization in India leading to higher demand for centrifugal pumps |
4.2.2 Growing investments in infrastructure projects driving the need for centrifugal pumps |
4.2.3 Rising adoption of centrifugal pumps in various sectors such as water treatment, agriculture, and oil gas industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of centrifugal pumps |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Environmental regulations and policies affecting the production and usage of centrifugal pumps |
5 India Centrifugal Pump Market Trends |
6 India Centrifugal Pump Market Segmentations |
6.1 India Centrifugal Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Centrifugal Pump Market Revenues & Volume, By Overhung Impeller, 2021-2031F |
6.1.3 India Centrifugal Pump Market Revenues & Volume, By Between Bearing, 2021-2031F |
6.1.4 India Centrifugal Pump Market Revenues & Volume, By Vertically Suspended, 2021-2031F |
6.2 India Centrifugal Pump Market, By Operation Type |
6.2.1 Overview and Analysis |
6.2.2 India Centrifugal Pump Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.3 India Centrifugal Pump Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.2.4 India Centrifugal Pump Market Revenues & Volume, By Air-driven, 2021-2031F |
6.3 India Centrifugal Pump Market, By Stage |
6.3.1 Overview and Analysis |
6.3.2 India Centrifugal Pump Market Revenues & Volume, By Single, 2021-2031F |
6.3.3 India Centrifugal Pump Market Revenues & Volume, By Multi, 2021-2031F |
7 India Centrifugal Pump Market Import-Export Trade Statistics |
7.1 India Centrifugal Pump Market Export to Major Countries |
7.2 India Centrifugal Pump Market Imports from Major Countries |
8 India Centrifugal Pump Market Key Performance Indicators |
8.1 Energy efficiency improvements in centrifugal pumps |
8.2 Adoption rate of smart and IoT-enabled centrifugal pumps |
8.3 Number of new product innovations and technological advancements in the market |
9 India Centrifugal Pump Market - Opportunity Assessment |
9.1 India Centrifugal Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Centrifugal Pump Market Opportunity Assessment, By Operation Type, 2021 & 2031F |
9.3 India Centrifugal Pump Market Opportunity Assessment, By Stage, 2021 & 2031F |
10 India Centrifugal Pump Market - Competitive Landscape |
10.1 India Centrifugal Pump Market Revenue Share, By Companies, 2024 |
10.2 India Centrifugal Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |