The India pumps market size reached USD 7.00 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.70 Billion by 2033, exhibiting a growth rate (CAGR) of 2.20% during 2025-2033. The increasing infrastructure development, rising demand for agricultural irrigation, government investments in water and wastewater treatment, the expansion of the oil & gas sector, and advancements in energy-efficient pump technologies are aiding in market expansion.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 7.00 Billion |
Market Forecast in 2033 | USD 8.70 Billion |
Market Growth Rate 2025-2033 | 2.20% |
Integration of Smart Technologies
India’s pump industry is on track to generate USD 100 billion by 2026, driven by rising infrastructure investments, according to the Indian Pump Manufacturers’ Association. The sector is undergoing technological transformation with the adoption of IoT, AI, and ML, enabling smart pumps with real-time monitoring, predictive maintenance, and remote management. These advancements enhance operational efficiency by continuously assessing parameters like temperature, pressure, vibration, and energy consumption. A key example is the iPumpnet digital solution by Pump Academy Private Limited, optimizing Bengaluru’s water supply network using AI, IoT, and ML to enhance efficiency and reliability. Furthermore, the integration of Supervisory Control and Data Acquisition (SCADA) systems with pumps is gaining popularity, enabling real-time data collecting and analysis to detect abnormalities and avoid failures. This technological transformation is consistent with the worldwide Industry 4.0 movement, which emphasizes on automation and data interchange in industrial operations. In India, it is especially important in areas such as water and wastewater management, agriculture, and industrial, where effective pump operation is critical. The rising use of smart technology in pumps is poised to transform the sector, enhancing performance, dependability, and sustainability.
Emphasis on Energy Efficiency
Energy efficiency is a key priority in the Indian pumps market, driven by the need to cut operational costs and minimize environmental impact. Manufacturers are integrating advanced features like Variable Frequency Drives (VFDs) and Variable Speed Drives (VSDs), which optimize pump speed based on system demands, reducing energy consumption. The agricultural sector is shifting towards solar pumps, supported by the Ministry of New and Renewable Energy’s goal of adding 34.8 GW of solar capacity by March 2026 under the PM-KUSUM scheme. As of December 2024, approximately 400 MW of solar capacity has been installed under Component A of the scheme, marking steady progress. Energy efficiency is also a growing focus in the industrial sector, where manufacturers are enhancing pump designs and materials to improve performance. The adoption of energy-efficient pumps provides multiple benefits, including lower energy costs, reduced maintenance expenses, and greater operational reliability. This trend aligns with India's broader sustainability goals and the push for cleaner, cost-effective technologies across industries.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on product type and application.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes centrifugal pump (axial flow pump, radial flow pump, and mixed flow pump), positive displacement pump (reciprocating pump and rotary pump), and others.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes agriculture, construction and building services, water and wastewater, power generation, oil and gas, chemical, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered |
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Applications Covered | Agriculture, Construction and Building Services, Water and Wastewater, Power Generation, Oil and Gas, Chemical, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |