India Utility Pump Market Size Likely to Expand at a CAGR of 3.7% By 2033

India Utility Pump Market size was valued at USD 235.6 Million in 2024 and is expected to reach USD 353.2 Million by 2033, at a CAGR of 3.7% during the forecast period 2024 – 2033.

India Utility Pump Market: Overview

Utility pumps are adaptable pumping equipment that may be utilized in various contexts, including residential, commercial, and industrial. These pumps can handle various fluids, including water, wastewater, chemicals, and light slurries.

In the Indian utility pump market, several notable trends are shaping the industry landscape. One prominent trend is the increasing adoption of energy-efficient and technologically advanced pump solutions. With a growing emphasis on sustainability and cost-effectiveness, consumers are seeking pumps that offer higher efficiency, reduced power consumption, and smart features such as remote monitoring and control.

Additionally, there’s a rising demand for pumps designed for specific applications, such as wastewater management, drainage, and agricultural irrigation. Furthermore, the market is witnessing a shift towards decentralized water management systems, driven by factors like urbanization, water scarcity, and the need for resilient infrastructure.

Manufacturers also focus on product innovation and customization to cater to diverse customer requirements and regulatory standards. Overall, these trends underscore a dynamic and evolving utility pump market in India, driven by technological advancements, environmental concerns, and changing consumer preferences.

By type, the submersible pumps segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. In the submersible pump market, a notable trend is the increasing adoption of energy-efficient and technologically advanced pumps.

Features like variable frequency drives (VFDs), IoT connectivity for remote monitoring, and sustainable design are gaining prominence to enhance performance and reduce environmental impact.

By end user, the commercial segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033.  In the commercial sector, there’s a growing trend towards integrating smart technologies into building management systems, energy-efficient solutions, and sustainable practices.

This includes the adoption of IoT devices, energy management software, and green building certifications to optimize operations and reduce environmental impact.

In West India, the utility pump market is witnessing a trend towards increased adoption of energy-efficient and IoT-enabled pumping solutions, driven by growing industrialization, urbanization, and government initiatives for sustainable water management practices in states like Maharashtra, Gujarat, and Rajasthan.

KBL is among the pioneers of Industrial Revolution in India. From developing the country’s first plough to being India’s first manufacturer of centrifugal pumps.

Report Scope

CMI has comprehensively analyzed India Utility Pump market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this India Utility Pump industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

List of the prominent players in the India Utility Pump Market:

• Kirloskar Brothers Limited
• Grundfos India
• Texmo Industries
• V-Guard Industries Ltd
• Lubi Pumps
• Shakti Pumps (India) Ltd
• Oswal Pumps Limited
• Voltas Engineering and Mining Company
• WPIL Limited
• Ashirvad Pipes Pvt. Ltd.
• Falcon Pumps Pvt. Ltd.
• Sintex Plastics Technology Ltd.
• Sharp Industries
• Varuna Pumps
• Jyoti Ltd.
• Sagar Machinery
• Others

The India Utility Pump Market is segmented as follows:

By Type

• Gasoline-Powered Pumps
• Transfer Pumps
• Submersible Pumps
• Others

By End User

• Residential
• Commercial
• Industrial