Rising demand for water supply, growing infrastructural development activities and rapid industrialization to drive India horizontal split case water pumps market through 2023
According to TechSci Research report, “India Horizontal Split Case Water PumpsMarket By Type, By End Use Industry, Competition Forecast & Opportunities, 2013-2023’’, India horizontal split case water pumps market is projected to reach $ 157 million by 2023, on the back of increasing number of waste water treatment plants and rising infrastructural development across the country. Moreover, increasing government investments and FDI inflows in the industrial sector to encourage domestic production and new technological advancements are further boosting the demand for horizontal split case water pumps across various end use industries. Horizontal split case water pumps majorly find application in industries where there is a need to maintain high pressure for water circulation with less downtime to achieve higher efficiency. Additionally, low operational cost, easy maintenance and availability of a wide product range are further anticipated to propel demand for horizontal split case pumps in India.
Browse 9 market data Table and 26 Figures spread through 86 Pages and an in-depth TOC on "India Horizontal Split Case Water Pumps Market"
On the basis of type, India horizontal split case water pumps market is majorly segmented into single stage pumps and multistage pumps. Single stage horizontal split case water pump segment accounts for a dominant share in India horizontal split case pumps market as these pumps are widely used in water & wastewater treatment plants, industries and large residential buildings for supply and distribution of water. Single stage horizontal split case water pump segment is anticipated to maintain its dominance in the country during forecast period. A large demand for horizontal split case water pumps emanates from water & wastewater treatment sector on account of continuous rise in water & wastewater treatment facilities across India to bridge water demand-supply gap.
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“South region garnered the largest share in India horizontal split case pumps market owing to the presence of a large and increasing number of water treatment facilities, rising water demand and smart city projects in the region. Additionally, expanding residential sector, increasing infrastructure development and rising number of government initiatives are further positively influencing the horizontal split case pumps market in South India. Moreover, rapid urbanization and emergence of innovative products would further steer growth in India horizontal split case pumps market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Horizontal Split Case Water Pumps Market By Type, By End Use Industry, Competition Forecast & Opportunities, 2013-2023” has evaluated the future growth potential of horizontal split case water pumps market and provides statistics and information on market size, structure and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with major drivers, challenges and opportunities in India horizontal split case water pumps market.
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