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End Suction Single Stage Pump Market Segmentation by Operation Type (Electric, Hydraulic, and Air Driven); by Application (Pressure Boosting, Liquid Transfer, Ventilation, Air-Conditioning & Heating, Irrigation Applications, and Others); and by End-User (Industrial, Commercial, and Others) – Global Demand Analysis & Opportunity Outlook 2030

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Extensive insights into the Growth of End Suction Single Stage Pump Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

·    July, 2021: KSB SE & Co. KGaA to donate domestic water supply systems and grey water pumps to flooded areas in Germany.

·    April, 2021: Ebara Corporation announced the acquisition of Vansan Makina, leading to the formation of VANSAN Water Technologies.

Global End Suction Single Stage Pump Market Highlights over 2022 – 2030

The global end suction single stage pump market is estimated to grow at a remarkable CAGR over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the growing demand for pumps in agriculture sector, backed by shortage of water globally. Groundwater level is depleting rapidly across the globe, surging the need for artificial methods to extract water. According to the data by the World Health Organization (WHO), 3 out of every 10 people worldwide lack access to safe water. 2.1 billion people do not have access to readily available drinking water at home, while 844 million people do not have even a basic drinking water service. The various advantages of end suction single stage pump, such as, simple structure, stable performance, high speed, lighter weight, high efficiency, and ease to operate and repair, are estimated to boost the market growth.  

End Suction Single Stage Pump Market

The market is segmented by application into pressure boosting, liquid transfer, ventilation, air-conditioning & heating, irrigation applications, and others, out of which, the irrigation applications segment is anticipated to hold the notable share in the global end suction single stage pump market over the forecast period owing to the growing demand for water for irrigation in agriculture sector. The shortage of water has deeply affected the agriculture practices, leading to surge in demand for pumps in the sector. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Electricity Consumption

In 2018, the world’s total energy supply was 14282 Mtoe, wherein the highest share in terms of source was captured by oil, accounting for 31.6%, followed by coal (26.9%), natural gas (22.8%), biofuels and waste (9.3%), nuclear (4.9%), hydro (2.5%), and other (2.0%). Where there was an increase in energy demand in 2018, the year 2019 witnessed slow growth as the energy efficiency improved owing to decline in the demand for cooling and heating. However, in 2020, the electricity demand decreased by 2.5% in the first quarter of 2020 due to the outbreak of Coronavirus resulting in government-imposed shutdowns in order to limit the spread of the virus, which was further followed by shutdown of numerous business operations impacting their growth. This also resulted in decline of 5.8% in the worldwide CO2 emissions which was recorded to be five times larger than the one recorded during the global financial crisis in 2009. However, in 2021, the demand for oil, gas and coal is estimated to witness growth, which is further projected to create opportunities for market growth. Moreover, rising environment degradation and awareness related to climate change is motivating many key players to employ sustainable energy strategies and invest significantly in environment-friendly power generation technologies with an aim to promote sustainable development among various nations around the world. Such factors are anticipated to promote the growth of the market in upcoming years.

Global End Suction Single Stage Pump Market Regional Synopsis

On the basis of geographical analysis, the global end suction single stage pump market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of presence of large agriculture land, with a huge population engaged in farming. Moreover, the growing demand for water in middle-income countries, backed by water scarcity, is anticipated to propel the market growth. For instance, a report by Asia-Pacific Center for Security Studies (APCSS) stated that in China, over USD 11.2 billion loss is caused in industrial output each year due to water shortage.  The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the presence of major market players in the region, manufacturing the centrifugal pumps. Moreover, the efficient industrial infrastructure in the region supports the growth of the regional market.

End Suction Single Stage Pump Market

The global end suction single stage pump market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global end suction single stage pump market includes the following segments:

By Operation Type

  • Electric
  • Hydraulic
  • Air Driven

By Application

  • Pressure Boosting
  • Liquid Transfer
  • Ventilation
  • Air-Conditioning & Heating
  • Irrigation Applications
  • Others

By End-User

  • Industrial
  • Commercial
  • Others

Growth Drivers

  • Intensifying Demand for Water Globally
  • Adoption of Pumps amongst Various End-User Industries

Challenges

  • High Competition from Multistage Pumps
  • High Initial Investment

Top Featured Companies Dominating the Market

  • KSB SE & Co. KGaA
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Xylem
  • Sulzer Ltd.
  • Flowserve Corporation
  • Grundfos Holding A/S
  • The Weir Group PLC
  • Baker Hughes Company
  • HCP Pump Manufacturer Co., Ltd.
  • CNP India Private Limited
  • VANSAN Water Technologies

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