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India Pumps Market Outlook to 2019 - Driven by

Government Investments and Technological
Advancements

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INDIA PUMPS MARKET: PAST AND FUTURE

GROWTH
Pumps market TRENDS
in India is relatively fragmented and has India Pumps Market is highly fragmented

evolved significantly over the years in terms of

Enterprise wide: USD 1,600 technology. The initiatives and regulations undertaken
by the government has positively influenced the market
Pages: 121
growth and led to its continuous development over the
years. The pumps market in India has been majorly
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impacted by the expansion in infrastructure sector over
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the years. However, over the period of FY2012-FY2014
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and Earthmoving Equipments
for pumps due to lack of government investment in end
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On the basis of type, pumps can be segmented into
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centrifugal pumps and positive displacement pumps. In
China Construction Machinery FY2014, centrifugal pumps account for ~% of the sales
Industry Outlook to 2016 of pumps in India since they have higher utility as
Expected to Register
compared to positive displacement pumps. On the basis
Phenomenal Growth
of end use, pumps could be segregated into industrial
pumps and agricultural and domestic pumps. The
Key Highlights of the Report
industrial pumps segment is primarily utilized in end
- Discussed leading players,
use segments including oil & gas, power generation,
profile, market share and
metals & mining, water and waste water and chemicals
product portfolio
& others. On the other hand, agricultural and domestic
- Market statistics from 2010
pumps are usually utilized in agriculture and building
to 2014 and forecast from
services. In FY2014, the Industrial Pumps segment
2015to 2019 in value terms
contributed 54.0% in the total revenue generated by
- Detailed discussion of the
the market as industrial pumps are in more demand as
market segments
Hard Copy: USD 1,200

with 800 manufacturers spread across

the country. Out of the total
manufacturers in the market, a majority
are small and medium players in the
unorganized sector. A majority of the
unorganized players are involved into
manufacturing of agricultural and
domestic pumps in the country.
-higher utility as compared to positive
displacement pumps. On the basis of end
use, pumps could be segregated into
industrial pumps and agricultural and
domestic pumps. The industrial pumps
segment is primarily utilized in end use
segments including oil & gas, power
generation, metals & mining, water and
waste water and chemicals & others. On
the other hand, agricultural and
domestic pumps are usually utilized in
agriculture and building services. In
FY2014, the Industrial Pumps segment
contributed ~% in the total revenue
generated by the market as industrial
pumps are in more demand as compared
to agricultural and domestic pumps
combined together.

Figure: Planned Investments in Infrastructure in INR

Billion

India Pumps Market Size on the

Basis of Revenues, 2010-2014

India Pumps Market Future

Projections on the Basis of
Revenues, 2015-F2019

The pumps market in the country is set to witness exponential growth

during FY2015 FY2019. The market size of the India Pumps Market in
terms of revenue generated is expected to increase at CAGR of 17.5%
during the period of FY2015 FY2019. The demand for pumps will
primarily be driven by large scale investment which the Indian government
has announced for infrastructural development in the country.
Increased investments in the irrigation and oil and gas sectors will create
an upsurge in the demand for pumps. Deregulation of the exploration and
production industry with the New Exploration and Licensing Policy (NELP),
planned increase in the refining capacity, huge investments in the
petrochemical industry and irrigation projects, among others, are poised to
fuel the demand for pumps. Though the demand for pumps is set to
increase in the coming years, the profit margins will reduce owing to rising
raw material costs. The market is expected to witness increasing
consolidation owing to the pressurized profit margins which would largely
affect the profitability of small and medium enterprise owners.

WHAT ARE THE MAJOR SEGMENTS DRIVING

CHANGE?
Section Review
In
2014
Centrifugal

Pumps led the market

with percentage
contribution of 95.0%
The contribution of
agricultural and
domestic segment
increased during the
period of 2012-2014
The industrial segment
contributed dominant
share in the total
revenue generated by
the India Pumps Market
in 2014

On the basis of product type, pumps can

be classified into centrifugal pumps and
positive displacement pumps. Centrifugal
pumps are utilized for increasing the flow
of liquids whereas Positive displacement
pumps serve the purpose of maintaining a
constant flow. Depending on the function
performed by the two types of pumps,
Centrifugal pumps find higher utility in the
end use markets as compared to positive
displacement pumps which has been
substantiated by their respective revenue
contribution in FY2014. Centrifugal
pumps dominated the market with 95.0%
share in the total market size and positive
displacement pumps made a minor
contribution of mere 5.0%.
On the basis of end use, pumps could be
divided into Industrial and Agricultural &
Domestic category. Industrial use of
pumps entails application of pumps in Oil
& Gas,

Metals & Mining, and Power etc whereas

Agricultural & Domestic end use segment
constitutes use of pumps for irrigation and
other agriculture related activities and
building services. During the period of
FY2012-FY2014, the contribution of
industrial segment has decreased whereas
the contribution of agricultural and
domestic segment has increased. In
FY2012, the agricultural and domestic
segment generated 43.0% of the total
revenue which increased to 46.0% in
FY2014. On the other hand the industrial
segment garnered 57.0% market share in
FY2012 which contracted to 54.0% in
FY2014. This increase in the revenue
generated by the agricultural and
domestic segment was due to increasing
demand of energy efficient pumps in the
agricultural sector.

Table: India Pumps Market Segmentation on the Basis of

Revenues from Centrifugal Pumps and Positive Displacement
Pumps in INR Billion, FY2014
Category

FY2014

Centrifugal Pumps
Positive Displacement Pumps
Table: India Pumps Market Segmentation by End Use on the
Basis of Revenues in INR Billion, FY2012-FY2014
Category
Industrial
Agricultural &

FY2012

FY2013

FY2014

COMPANIES CITED IN THE REPORT

Competitive Landscape
Particulars
Companies
Mentioned

Kirloskar Brothers Limited

KSB Pumps
Shakti Pumps
WPIL Limited
Jyoti Limited
Roto Pumps

Products
Mentioned

End Suction Pumps, Split Case Pumps, Multi Stage Pumps,

Monobloc Pumps and Submersible Pumps

Competition

Kirloskar Bothers Limited was the largest player in the India

pumps market. Kirloskar brothers Limited is engaged in the
manufacturing of agricultural, domestic as well as industrial
pumps. KSB Pumps is the second largest player in the market. The
company has been focusing on the standard products segment for
the energy sector. apart from the two large players, the India
pumps market is highly fragmented in terms of market share and
number of players

Product Portfolio of Major Players in India Pumps Market

Company

Product Specification

Kirloskar Brothers
Limited

The company manufactures multiple variants of End Suction Pumps, Split Case Pumps, Multi Stage
Pumps, Special and Engineered Pumps, Monobloc Pumps, Submersible Pumps and Sump Pumps which
have domestic, agricultural as well as industrial applications

KSB Pumps

he company Manufactures Horizontal and Vertical Centrifugal Pumps, Monobloc Pumps, Pressure Booster
Pumps and Submersible Pumps with applications in the domestic, agriculture and industrial sectorsT

Shakti Pumps

The company manufactures Submersible Pumps, Vertical Multistage Centrifugal Pumps, Pressure Booster
Pumps, Self Priming Pumps, Open Well Pumps and End Suction Pumps which have widespread water and
waste water applications in the domestic and agricultural sectors

WPIL Limited

The company manufactures Vertical Turbine Pumps, Vertical Mixed Flow and Axial Flow Pumps, Bore Well
Pumps, Bottom Suction Type Pumps and Horizontal Centrifugal Pumps with applications in the power,
irrigation, municipal and industrial sectors

Jyoti Limited

The company manufactures Vertical Turbine Pumps, Vertical Mixed Flow Pumps, Metallic Volute Pumps,
Vertical Propeller Pumps, Horizontal Split Casing Pumps, Vertical Non Clog Centrifugal Pumps and
Horizontal Non Clog Centrifugal Pumps which fulfill the water supply needs of industrial, domestic and
agricultural sectors

Roto Pumps

The company manufactures Progressive Capacity Pumps and Twin Screw Pumps with applications in the
mining, chemicals, varnish & ink, milk, curd, light, paper, sugar, edible oil, distillation and steel industries

KEY FACTORS CONSIDERED IN THE REPORT

Comprehensive analysis of the India pumps market and its segments
Market is presented by types of pumps, by end users and by
manufacturing clusters
Listed major players and their positioning in the market
Identified major industry developments in last few years and assess
the future growth of the market
Regulatory framework help to understand investment opportunities
and complexity involved

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