Sump Pumps Market By Type (Submersible Sump Pumps, Pedestal Sump Pumps), By Capacity (Low, Medium, High), By End User (Residential, Commercial, Industrial): Global Opportunity Analysis and Industry Forecast, 2024-2032

April 2024 | 290 pages | ID: S860CAF1FF1FEN
Allied Market Research

Abstracts

The global sump pumps market size was valued at $18,116.7 million in 2023 and is projected t%li%reach $74,964.3 million by 2032, registering a CAGR of 17.3% from 2023 t%li%2032.



A sump pumps is a type of pump, either centrifugal or submersible, which is specifically designed t%li%eliminate water that has gathered in a sump pit. Vertical sump pumps are a partially submerged setup, where the pump end is submerged in the liquid while the bearing column extends above the liquid surface. Sump pumps are utilized for managing slurries, liquids that contain abrasive solids in suspension, and challenging pumping situations involving corrosion, abrasion, and extreme temperatures. Moreover, sump pumps are utilized in various settings such as residential, commercial, industrial, municipal, and agricultural areas t%li%eliminate or raise water or other liquids from a basement, pit, or collection tank.

Furthermore, the drainpipe in the sump basin is frequently obstructed by debris and gunk carried by the groundwater. This accumulation of small rocks, silt, dirt, and other sediments gradually reduces the diameter of the pipe, impeding the flow of water. Eventually, the build-up of gunk completely blocks the pipe, resulting in basement flooding. Clogged drains lead t%li%water leakage through the floor and walls and expose any person living in the building t%li%mold and various other issues associated with a damp basement. Moreover, if the drain line freezes during winter due t%li%improper burial, it causes the pump t%li%overheat and eventually burn out. When the sump pump fails, the risk of basement flooding significantly increases. T%li%tackle such issues, sump pumps are increasingly used by houseowners, which helps homeowners t%li%save their property from water damage. The sump pump located in the basement of a home effectively removes excess groundwater surrounding the foundation, safeguarding property against potential water damage. This pump efficiently directs the water through a discharge pipe, effectively diverting it away from house or int%li%a designated municipal storm pipe.

The surge in popularity of sump pumps creates several chances for manufacturers t%li%expand and users t%li%receive advanced and creative goods. One benefit that has been overlooked is that a pump has the ability t%li%decrease the likelihood of a fire occurring. Despite the common belief that water and fire d%li%not mix, there is a direct correlation between the two. When water comes int%li%contact with live electric wires, it leads t%li%sparking. This spark has the potential t%li%ignite appliances or electronic devices or ignite nearby flammable materials. Even if there is water on the floor, the fire escalates and spreads rapidly throughout the entire house. By utilizing a pump t%li%eliminate water from the basement, the risk of it coming int%li%contact with electric wires and causing a fire is significantly reduced. In addition, it helps minimize the risk of individuals getting electrocuted in areas where electric wires are in close proximity t%li%water.

By Type, the submersible sump pumps segment had the largest revenue in 2023. A submersible pump functions by pushing liquid instead of pulling it, making the pumping process highly efficient. This design utilizes the liquid's head in which it is immersed t%li%operate, eliminating the need t%li%expend energy on drawing the liquid int%li%the pump. Additionally, the pump benefits from being submerged as the surrounding liquid cools the motor, preventing overheating. Numerous submersible pumps within the oil and gas sector function based on the Electric Submersible Pumping (ESP) principle. This technique proves t%li%be a cost-efficient approach for extracting substantial amounts of fluids from deep wells. The motors integrated int%li%an ESP system are specifically engineered t%li%withstand elevated temperatures and pressures. These motors necessitate unique electricity cables and may result in high operational costs. Such factors create demand for more enhance submersible sump pumps in industries.

By Capacity, the medium segment had the largest revenue in 2023. These pumps are utilized by a variety of industries, agriculture, and households for a wide array of purposes. Submersible pumps with a power range of 5-15 hp provide enhanced electrical and mechanical efficiency, leading t%li%significant energy savings and effective management of electric overload issues caused by unstable power sources. These pumps can be applied in industrial water supply, water treatment facilities, farming, residential areas, commercial establishments, and various other industrial settings within this power range.

By End user, the industrial segment had the largest revenue in 2023. Industrial sump pumps are frequently utilized for dewatering purposes, specifically in scenarios where the elimination of contaminated water in effluent, industrial waste, raw sewage, or slurries is necessary. Typically driven by electric motors, these pumps are commonly employed in low-lying regions that are susceptible t%li%flooding, such as construction sites that need t%li%eliminate surface water or groundwater. In addition, solar pumps are well-suited for rural areas in countries where electricity is either unavailable or unreliable. In contrast t%li%traditional pumps, solar-powered pumps are environmentally friendly. Conventional pumps that rely on fossil fuels contribute t%li%climate change through gas emissions, whereas solar pumps have zer%li%emissions and minimal carbon footprints. This makes them a sustainable option for farmers aiming t%li%minimize their environmental impact.

The sump pumps market is segmented on the basis of type, capacity, end user, and region. By type, the market is categorized int%li%submersible sump pumps, and pedestal sump pumps. Depending on capacity, it is divided int%li%low, medium, and high. By end user, the market is segregated int%li%residential, commercial, and industrial. and Region wise, the market is analyzed across North America, Europe, Asia-Pacific, LA, and MEA.

Competition Analysis

Key companies profiled in the sump pumps market include Zoeller Pump Company, Ebara Corporation, Xylem, Inc. Flowserve Corporation, WILO SE, Dover Corporation, Sulzer Ltd., Alfa Level AB, Baker Hughes Company, and KSB SE.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sump pumps market analysis from 2023 t%li%2032 t%li%identify the prevailing sump pumps market opportunities.
• The market research is offered along with information related t%li%key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers t%li%enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the sump pumps market segmentation assists t%li%determine the prevailing market opportunities.
• Major countries in each region are mapped according t%li%their revenue contribution t%li%the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global sump pumps market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

• Quarterly Update and* (only available with a corporate license, on listed price)
• 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
• Free Upcoming Version on the Purchase of Five and Enterprise User License.
• 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting t%li%16 analyst hours t%li%solve questions, and post-sale queries)
• 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent t%li%3 working days of free work, applicable once)
• Free data Pack on the Five and Enterprise User License. (Excel version of the report)
• Free Updated report if the report is 6-12 months old or older.
• 24-hour priority response*
• Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)

• End user preferences and pain points
• Investment Opportunities
• Product Benchmarking / Product specification and applications
• Product Life Cycles
• Upcoming/New Entrant by Regions
• Technology Trend Analysis
• Average Consumer Expenditure
• Consumer Preference and Product Specifications
• Market share analysis of players by products/segments
• New Product Development/ Product Matrix of Key Players
• Additional company profiles with specific t%li%client's interest
• Additional country or region analysis- market size and forecast
• Key player details (including location, contact details, supplier/vendor network etc. in excel format)
• Market share analysis of players at global/region/country level
• SWOT Analysis

Key Market Segments

By Type

• Submersible Sump Pumps
• Pedestal Sump Pumps

By Capacity

• Low
• Medium
• High

By End User

• Residential
• Commercial
• Industrial

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• UK
• Italy
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Rest of Asia-Pacific
• Latin America
• Brazil
• Argentina
• Colombia
• Chile
• Rest of Latin America
• Middle East and Africa
• Saudi Arabia
• UAE
• Nigeria
• Egypt
• Rest of Middle East And Africa
• Key Market Players
• EBARA CORPORATION
• Xylem, Inc.
• Flowserve Corporation
• WILO SE
• Dover Corporation
• Sulzer Ltd.
• Alfa Level AB
• Baker Hughes Company
• KSB SE
• Zoeller Pumps Company

Contents

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
  1.4.1. Primary research
  1.4.2. Secondary research
  1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
  3.2.1. Top impacting factors
  3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: SUMP PUMPS MARKET, BY TYPE

4.1. Overview
  4.1.1. Market size and forecast
4.2. Submersible Sump Pumps
  4.2.1. Key market trends, growth factors and opportunities
  4.2.2. Market size and forecast, by region
  4.2.3. Market share analysis by country
4.3. Pedestal Sump Pumps
  4.3.1. Key market trends, growth factors and opportunities
  4.3.2. Market size and forecast, by region
  4.3.3. Market share analysis by country

CHAPTER 5: SUMP PUMPS MARKET, BY CAPACITY

5.1. Overview
  5.1.1. Market size and forecast
5.2. Low
  5.2.1. Key market trends, growth factors and opportunities
  5.2.2. Market size and forecast, by region
  5.2.3. Market share analysis by country
5.3. Medium
  5.3.1. Key market trends, growth factors and opportunities
  5.3.2. Market size and forecast, by region
  5.3.3. Market share analysis by country
5.4. High
  5.4.1. Key market trends, growth factors and opportunities
  5.4.2. Market size and forecast, by region
  5.4.3. Market share analysis by country

CHAPTER 6: SUMP PUMPS MARKET, BY END USER

6.1. Overview
  6.1.1. Market size and forecast
6.2. Residential
  6.2.1. Key market trends, growth factors and opportunities
  6.2.2. Market size and forecast, by region
  6.2.3. Market share analysis by country
6.3. Commercial
  6.3.1. Key market trends, growth factors and opportunities
  6.3.2. Market size and forecast, by region
  6.3.3. Market share analysis by country
6.4. Industrial
  6.4.1. Key market trends, growth factors and opportunities
  6.4.2. Market size and forecast, by region
  6.4.3. Market share analysis by country

CHAPTER 7: SUMP PUMPS MARKET, BY REGION

7.1. Overview
  7.1.1. Market size and forecast By Region
7.2. North America
  7.2.1. Key market trends, growth factors and opportunities
  7.2.2. Market size and forecast, by Type
  7.2.3. Market size and forecast, by Capacity
  7.2.4. Market size and forecast, by End User
  7.2.5. Market size and forecast, by country
    7.2.5.1. U.S.
      7.2.5.1.1. Market size and forecast, by Type
      7.2.5.1.2. Market size and forecast, by Capacity
      7.2.5.1.3. Market size and forecast, by End User
    7.2.5.2. Canada
      7.2.5.2.1. Market size and forecast, by Type
      7.2.5.2.2. Market size and forecast, by Capacity
      7.2.5.2.3. Market size and forecast, by End User
    7.2.5.3. Mexico
      7.2.5.3.1. Market size and forecast, by Type
      7.2.5.3.2. Market size and forecast, by Capacity
      7.2.5.3.3. Market size and forecast, by End User
7.3. Europe
  7.3.1. Key market trends, growth factors and opportunities
  7.3.2. Market size and forecast, by Type
  7.3.3. Market size and forecast, by Capacity
  7.3.4. Market size and forecast, by End User
  7.3.5. Market size and forecast, by country
    7.3.5.1. Germany
      7.3.5.1.1. Market size and forecast, by Type
      7.3.5.1.2. Market size and forecast, by Capacity
      7.3.5.1.3. Market size and forecast, by End User
    7.3.5.2. France
      7.3.5.2.1. Market size and forecast, by Type
      7.3.5.2.2. Market size and forecast, by Capacity
      7.3.5.2.3. Market size and forecast, by End User
    7.3.5.3. UK
      7.3.5.3.1. Market size and forecast, by Type
      7.3.5.3.2. Market size and forecast, by Capacity
      7.3.5.3.3. Market size and forecast, by End User
    7.3.5.4. Italy
      7.3.5.4.1. Market size and forecast, by Type
      7.3.5.4.2. Market size and forecast, by Capacity
      7.3.5.4.3. Market size and forecast, by End User
    7.3.5.5. Rest of Europe
      7.3.5.5.1. Market size and forecast, by Type
      7.3.5.5.2. Market size and forecast, by Capacity
      7.3.5.5.3. Market size and forecast, by End User
7.4. Asia-Pacific
  7.4.1. Key market trends, growth factors and opportunities
  7.4.2. Market size and forecast, by Type
  7.4.3. Market size and forecast, by Capacity
  7.4.4. Market size and forecast, by End User
  7.4.5. Market size and forecast, by country
    7.4.5.1. China
      7.4.5.1.1. Market size and forecast, by Type
      7.4.5.1.2. Market size and forecast, by Capacity
      7.4.5.1.3. Market size and forecast, by End User
    7.4.5.2. Japan
      7.4.5.2.1. Market size and forecast, by Type
      7.4.5.2.2. Market size and forecast, by Capacity
      7.4.5.2.3. Market size and forecast, by End User
    7.4.5.3. South Korea
      7.4.5.3.1. Market size and forecast, by Type
      7.4.5.3.2. Market size and forecast, by Capacity
      7.4.5.3.3. Market size and forecast, by End User
    7.4.5.4. India
      7.4.5.4.1. Market size and forecast, by Type
      7.4.5.4.2. Market size and forecast, by Capacity
      7.4.5.4.3. Market size and forecast, by End User
    7.4.5.5. Rest of Asia-Pacific
      7.4.5.5.1. Market size and forecast, by Type
      7.4.5.5.2. Market size and forecast, by Capacity
      7.4.5.5.3. Market size and forecast, by End User
7.5. Latin America
  7.5.1. Key market trends, growth factors and opportunities
  7.5.2. Market size and forecast, by Type
  7.5.3. Market size and forecast, by Capacity
  7.5.4. Market size and forecast, by End User
  7.5.5. Market size and forecast, by country
    7.5.5.1. Brazil
      7.5.5.1.1. Market size and forecast, by Type
      7.5.5.1.2. Market size and forecast, by Capacity
      7.5.5.1.3. Market size and forecast, by End User
    7.5.5.2. Argentina
      7.5.5.2.1. Market size and forecast, by Type
      7.5.5.2.2. Market size and forecast, by Capacity
      7.5.5.2.3. Market size and forecast, by End User
    7.5.5.3. Colombia
      7.5.5.3.1. Market size and forecast, by Type
      7.5.5.3.2. Market size and forecast, by Capacity
      7.5.5.3.3. Market size and forecast, by End User
    7.5.5.4. Chile
      7.5.5.4.1. Market size and forecast, by Type
      7.5.5.4.2. Market size and forecast, by Capacity
      7.5.5.4.3. Market size and forecast, by End User
    7.5.5.5. Rest of Latin America
      7.5.5.5.1. Market size and forecast, by Type
      7.5.5.5.2. Market size and forecast, by Capacity
      7.5.5.5.3. Market size and forecast, by End User
7.6. Middle East and Africa
  7.6.1. Key market trends, growth factors and opportunities
  7.6.2. Market size and forecast, by Type
  7.6.3. Market size and forecast, by Capacity
  7.6.4. Market size and forecast, by End User
  7.6.5. Market size and forecast, by country
    7.6.5.1. Saudi Arabia
      7.6.5.1.1. Market size and forecast, by Type
      7.6.5.1.2. Market size and forecast, by Capacity
      7.6.5.1.3. Market size and forecast, by End User
    7.6.5.2. UAE
      7.6.5.2.1. Market size and forecast, by Type
      7.6.5.2.2. Market size and forecast, by Capacity
      7.6.5.2.3. Market size and forecast, by End User
    7.6.5.3. Nigeria
      7.6.5.3.1. Market size and forecast, by Type
      7.6.5.3.2. Market size and forecast, by Capacity
      7.6.5.3.3. Market size and forecast, by End User
    7.6.5.4. Egypt
      7.6.5.4.1. Market size and forecast, by Type
      7.6.5.4.2. Market size and forecast, by Capacity
      7.6.5.4.3. Market size and forecast, by End User
    7.6.5.5. Rest of Middle East And Africa
      7.6.5.5.1. Market size and forecast, by Type
      7.6.5.5.2. Market size and forecast, by Capacity
      7.6.5.5.3. Market size and forecast, by End User

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Zoeller Pumps Company
  9.1.1. Company overview
  9.1.2. Key executives
  9.1.3. Company snapshot
  9.1.4. Operating business segments
  9.1.5. Product portfolio
  9.1.6. Business performance
  9.1.7. Key strategic moves and developments
9.2. EBARA CORPORATION
  9.2.1. Company overview
  9.2.2. Key executives
  9.2.3. Company snapshot
  9.2.4. Operating business segments
  9.2.5. Product portfolio
  9.2.6. Business performance
  9.2.7. Key strategic moves and developments
9.3. Xylem, Inc.
  9.3.1. Company overview
  9.3.2. Key executives
  9.3.3. Company snapshot
  9.3.4. Operating business segments
  9.3.5. Product portfolio
  9.3.6. Business performance
  9.3.7. Key strategic moves and developments
9.4. Flowserve Corporation
  9.4.1. Company overview
  9.4.2. Key executives
  9.4.3. Company snapshot
  9.4.4. Operating business segments
  9.4.5. Product portfolio
  9.4.6. Business performance
  9.4.7. Key strategic moves and developments
9.5. WILO SE
  9.5.1. Company overview
  9.5.2. Key executives
  9.5.3. Company snapshot
  9.5.4. Operating business segments
  9.5.5. Product portfolio
  9.5.6. Business performance
  9.5.7. Key strategic moves and developments
9.6. Dover Corporation
  9.6.1. Company overview
  9.6.2. Key executives
  9.6.3. Company snapshot
  9.6.4. Operating business segments
  9.6.5. Product portfolio
  9.6.6. Business performance
  9.6.7. Key strategic moves and developments
9.7. Sulzer Ltd.
  9.7.1. Company overview
  9.7.2. Key executives
  9.7.3. Company snapshot
  9.7.4. Operating business segments
  9.7.5. Product portfolio
  9.7.6. Business performance
  9.7.7. Key strategic moves and developments
9.8. Alfa Level AB
  9.8.1. Company overview
  9.8.2. Key executives
  9.8.3. Company snapshot
  9.8.4. Operating business segments
  9.8.5. Product portfolio
  9.8.6. Business performance
  9.8.7. Key strategic moves and developments
9.9. Baker Hughes Company
  9.9.1. Company overview
  9.9.2. Key executives
  9.9.3. Company snapshot
  9.9.4. Operating business segments
  9.9.5. Product portfolio
  9.9.6. Business performance
  9.9.7. Key strategic moves and developments
9.10. KSB SE
  9.10.1. Company overview
  9.10.2. Key executives
  9.10.3. Company snapshot
  9.10.4. Operating business segments
  9.10.5. Product portfolio
  9.10.6. Business performance
  9.10.7. Key strategic moves and developments