Press Release

Global Water Pumps in Power Industry to Reach USD4.52 Billion by 2030 Due to Growing Demand for Nuclear Power

The Global Water Pumps in Power Industry size was valued at around USD 4.12 billion in 2024 and is projected to reach USD 4.52 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 1.9% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report.  Some factors that support this growth are rising energy demand with the increasing global population, increasing focus on renewable energy, environmental regulations, and technological advancements in smart pumping systems.  The rise in global population and continuous urbanization is increasing the requirement for energy which promotes investments in power generation infrastructure. Water pumps are a crucial part of this infrastructure. The rising focus on renewable energy such as solar, wind, and hydropower is creating the need for advanced water management systems for cooling and operational efficiency. Multiple regions across the globe like; North America and Europe have strict regulations. This is pushing power plants to adopt eco-friendly and efficient water pumping technologies. This further boosts the demand for water pumps in the power industry.

With all the growth factors, some restraining factors can affect the market growth. These water pumps require maintenance from time to time which increases additional costs and downtime. Due to water scarcity in many global regions effective water management and recycling systems are critical, adding complexity to pump operations. By harnessing modern technologies and strategic investments, the market is expected to have substantial growth, further states the research report, “Global Water Pumps in Power Industry Analysis, 2025.”

Segmentation Analysis

Centrifugal Pumps Attracting a Large Group of End-Users

Based on type, the market is further bifurcated into Centrifugal Pumps and Positive Displacement Pumps. Centrifugal Pump is the largest category holding around 60% share of the entire industry. These pumps are widely used in power generation facilities like; thermal, nuclear, and hydropower plants. They are mostly preferred in the power industry as they can easily handle high flow rates, and supply high-pressure water into boilers for steam generation. They help in managing the cooling water to regulate the temperature of turbines, reactors, condensers, and cooling towers.  Moreover, their initial cost and maintenance are quite low compared to others, further boosting their demand in the market. They also help to reduce operational costs as many centrifugal pumps are designed with energy-efficient motors.

Asia-Pacific Driving the Global Water Pumps in the Power Industry

Asia-Pacific region has the largest share of Global Water Pumps in the Power Industry.  It holds approximately 40% share of the total global market. This dominance is a result of various factors such as growing energy demands in major countries like China, India & Japan, significant investments in infrastructure in the region, and rapid industrialization. Multiple power projects in hydropower stations and thermal power plants are present in the Asia-Pacific region that require water pumps for cooling, boiler feed, and circulation processes.

Moreover, the region is adopting smart water pump technology for nuclear power plants and renewable energy projects with an increasing focus on sustainability and energy efficiency. Governments around the world want to reduce carbon emissions with improvements in water management systems. This further boosts the demand for modern and eco-friendly water pumps.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Grundfos, Sulzer Ltd., Xylem Inc., Flowserve Corporation, KSB SE & Co. KGaA, Weir Group, Wilo SE, Pentair PLC, ITT Inc., PSG Dover, Torishima Pump MFG. Co. LTD. and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?