Product Code: ETC4597585 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India fish pumps market import shipments demonstrated robust growth with a CAGR of 12.3% from 2020 to 2024. However, there was a significant contraction in growth between 2023 and 2024, indicating a period of slowdown. Despite the dip in growth rate, the overall trend suggests a market that expanded steadily over the years.
The India fish pumps market is on the rise as the aquaculture industry expands to meet the growing demand for seafood. Fish pumps are essential for the transportation and transfer of fish in aquaculture facilities. With an increase in fish farming operations, the demand for efficient and reliable fish pump systems is growing.
The fish pumps market in India is thriving due to the growing demand for aquaculture production. Fish farming is becoming a vital source of seafood in the country, as natural fish stocks decline. Fish pumps are essential for transferring, oxygenating, and maintaining water quality in aquaculture systems. As more entrepreneurs and traditional fisherfolk venture into aquaculture, the demand for efficient and reliable fish pumps has surged. Furthermore, government support for the expansion of the aquaculture sector and advancements in pump technology have bolstered the market.
The India fish pumps market faces several challenges, primarily driven by the diverse and fragmented nature of the country`s aquaculture industry. Inconsistent regulations and the lack of standardized practices in the sector make it difficult for fish pump manufacturers to cater to the specific needs of fish farmers effectively. Moreover, the high capital investment required for fish pumps and associated equipment is a significant barrier, especially for small and medium-sized farmers. Additionally, the inadequate infrastructure for fish farming, including water storage facilities, transportation, and fish health management, poses a challenge to the efficient use of fish pumps. Furthermore, issues related to energy availability, such as power outages and fluctuating electricity supply, affect the reliability of fish pump operations in many regions.
The fish pumps market in India faced significant challenges during the COVID-19 pandemic. With restrictions on transportation and distribution, the supply of fish pumps was disrupted, leading to operational difficulties for the aquaculture sector. As the industry recovers, there`s a growing need for innovative solutions to address these disruptions and enhance the efficiency of fish farming.
The India fish pumps market features key players like Pentair plc, Sulzer Ltd., and Xylem Inc. These companies offer fish pumps and pumping solutions for aquaculture and fish farming operations.
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 Fish Pumps Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fish Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 India Fish Pumps Market - Industry Life Cycle |
3.4 India Fish Pumps Market - Porter's Five Forces |
3.5 India Fish Pumps Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.6 India Fish Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Fish Pumps Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F |
4 India Fish Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fish and seafood products in India |
4.2.2 Growing aquaculture industry in the country |
4.2.3 Technological advancements in fish pump equipment |
4.2.4 Government initiatives supporting the fisheries sector |
4.3 Market Restraints |
4.3.1 High initial investment costs for fish pump systems |
4.3.2 Lack of awareness about the benefits of fish pumps among small-scale fish farmers |
4.3.3 Limited availability of skilled workforce for operating fish pump machinery |
5 India Fish Pumps Market Trends |
6 India Fish Pumps Market, By Types |
6.1 India Fish Pumps Market, By Size |
6.1.1 Overview and Analysis |
6.1.2 India Fish Pumps Market Revenues & Volume, By Size, 2021-2031F |
6.1.3 India Fish Pumps Market Revenues & Volume, By 2.5?? Pumps, 2021-2031F |
6.1.4 India Fish Pumps Market Revenues & Volume, By 4?? Pumps, 2021-2031F |
6.1.5 India Fish Pumps Market Revenues & Volume, By 6?? Pumps, 2021-2031F |
6.1.6 India Fish Pumps Market Revenues & Volume, By 8?? Pumps, 2021-2031F |
6.1.7 India Fish Pumps Market Revenues & Volume, By 10?? Pumps, 2021-2031F |
6.1.8 India Fish Pumps Market Revenues & Volume, By 12?? Pumps, 2021-2031F |
6.2 India Fish Pumps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Fish Pumps Market Revenues & Volume, By Aquaculture , 2021-2031F |
6.2.3 India Fish Pumps Market Revenues & Volume, By Fishing, 2021-2031F |
6.3 India Fish Pumps Market, By Mode of Operation |
6.3.1 Overview and Analysis |
6.3.2 India Fish Pumps Market Revenues & Volume, By Manual , 2021-2031F |
6.3.3 India Fish Pumps Market Revenues & Volume, By Automatic, 2021-2031F |
7 India Fish Pumps Market Import-Export Trade Statistics |
7.1 India Fish Pumps Market Export to Major Countries |
7.2 India Fish Pumps Market Imports from Major Countries |
8 India Fish Pumps Market Key Performance Indicators |
8.1 Adoption rate of fish pump technology in the Indian fisheries sector |
8.2 Efficiency improvement in fish farming operations with the use of fish pumps |
8.3 Number of research and development projects focused on enhancing fish pump technology in India |
9 India Fish Pumps Market - Opportunity Assessment |
9.1 India Fish Pumps Market Opportunity Assessment, By Size, 2021 & 2031F |
9.2 India Fish Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Fish Pumps Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F |
10 India Fish Pumps Market - Competitive Landscape |
10.1 India Fish Pumps Market Revenue Share, By Companies, 2024 |
10.2 India Fish Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |