North America Water Pump Market Size, Share, and Growth Forecast for 2024 - 2031

North America Water Pump Market Size and Share Analysis

The Noth America water pump market is projected to witness a CAGR of 5% during the forecast period from 2024 to 2031. It is anticipated to increase from US$ 9 Bn recorded in 2024 to a considerable US$ 12.7 Bn by 2031.

The regional market has shown steady growth in both volume and value from 2019 to 2023, with strong projections through 2031. In terms of volume, the market grew from 7.5 million units in 2019 to an estimated 8.7 million units in 2023. It reflects an increasing demand for water pumps across sectors such as construction, industrial, and agricultural.

The market is anticipated to reach 11.8 million units by 2031. This consistent growth highlights the rising need for water management solutions in light of rapid urbanization, industrialization, and infrastructure development.

In terms of value, the North America water pump market followed a similar upward trend. Starting at US$ 7.3 Bn in 2019, the market grew to US$ 8.7 Bn in 2023. The higher growth rate in market value, compared to volume, suggests an increase in the price per unit.

It is mainly driven by factors such as technological innovations, rising demand for more efficient and durable pumps market, and growing use of smart pumps in industrial applications. Shift toward more energy-efficient and environmentally sustainable water pump solutions is anticipated to contribute to this rise in unit value.

Key Highlights of the Market

• The U.S. is a leading player in the market, driven by a high demand in industries such as oil and gas, agriculture, and water treatment, with a steady CAGR of 4.9% through 2031.
• Canada holds a significant market share, growing at a CAGR of 5.7% through 2031, with rising demand from infrastructure projects.
• Electric pumps are leading the North America water pump market, driven by their energy efficiency and environmental benefits, with a CAGR of 5.2% through 2031.
• The oil and gas sector is a key driver in North America, holding a significant share due to the need for unique water management systems, with a CAGR of 4.5% through 2031.
• Increased demand for energy-efficient, automated, and IoT-enabled pumps is driving the market, especially in industrial applications.
• Government regulations and corporate initiatives focused on water conservation, emission reduction, and energy-efficient solutions are boosting market growth.
• Rising demand for electric and solar-powered pumps is set to help reduce environmental footprints and align with varying sustainability goals.
• Leading pump manufacturers are engaging in strategic partnerships and acquisitions to extend their product offerings and reach new markets.

Market Attributes	Key Insights
North America Water Pump Market Size (2024E)	US$ 9 Bn
Projected Market Value (2031F)	US$ 12.7 Bn
Noth America Market Growth Rate (CAGR 2024 to 2031)	5%
Historical Market Growth Rate (CAGR 2019 to 2023)	4.3%

U.S. Sees Steady Growth Amid Need for Highly Efficient Water Management Solutions

In the U.S., the market is being shaped by a surging demand from industries like oil and gas, agriculture, and municipal water systems. The country is anticipated to witness a CAGR of 4.9% through 2031 and hold a share of 80.3% in 2024. Rapid growth of oil production, especially in the Permian Basin, has driven the need for more efficient water management solutions, including pumps for enhanced oil recovery.

Companies like Ingersoll Rand are extending their portfolios through acquisitions, such as the recent purchase of APSCO and UT Pumps. These are strengthening their capabilities in energy-efficient and high-pressure pumps. With the U.S. government tightening energy efficiency standards, manufacturers are focusing on developing smart and sustainable pump technologies. These trends highlight the rising focus on innovation and sustainability in the market.

Government Initiatives to Enhance Sustainability Spur Growth in Canada

Canada holds a significant share in the North America water pump market. It is projected to rise with an average CAGR of 5.7% through 2031. The country’s growth is driven by demand across key sectors like agriculture, water treatment, and industrial applications, particularly in the oil and gas industry.

Expansion of infrastructure projects, along with the government’s focus on sustainability and efficient water management systems, further boosts the market. Canada’s commitment to adopting novel pump technologies, including energy-efficient solutions, plays a vital role in this growth.

Increasing focus on environmental regulations and water conservation contributes to the rising demand for innovative pump solutions. These factors collectively position Canada as a key player in the water pump industry.

Electric Pumps Gain Impetus with Rising Demand from Irrigation Applications

Electric pumps dominate the North America water pump market, with a CAGR of 5.2% through 2031, driven by their high energy efficiency and reduced environmental impact. As industries and municipalities prioritize sustainability, electric pumps offer a cleaner, more efficient alternative to traditional engine-driven models. The segment will likely hold a share of 63.9% in 2024.

They are ideal for various applications, including wastewater treatment, irrigation, and municipal water systems. They can also integrate seamlessly with renewable energy sources like solar and wind.

Developments in smart technologies, such as IoT-enabled monitoring and automation, further enhance their appeal, optimizing performance and reducing operational costs. This surging trend positions electric pumps as a significant contributor to the market's growth.

Oil and Gas Industry Seeks Innovative Pumps for Drilling and Hydraulic Fracturing

The oil and gas segment will likely exhibit a CAGR of 4.5% through 2031. This growth is largely driven by the sector's surge in production, particularly in the U.S., where innovations in hydraulic fracturing and horizontal drilling have spurred the need for water management systems.

Water pumps are essential in various oil and gas operations, such as drilling, hydraulic fracturing, and produced water handling. Regions like the Permian Basin have seen increased demand for durable pumps capable of withstanding high pressures and abrasive materials.

In Canada, the oil sands industry drives demand for specialized high-capacity pumps, especially for Steam-Assisted Gravity Drainage (SAGD) operations. As the industry focuses on improving efficiency and sustainability, water pump technologies that minimize water consumption and meet environmental regulations are becoming increasingly crucial. The wastewater treatment segment, on the other hand, is set to witness a CAGR of 6.2% through 2031.

North America Water Pump Market Introduction and Trend Analysis

The North America market has evolved significantly, driven by rising water conservation demands and development of smart technologies. Key developments such as the integration of smart water systems and IoT-enabled pumps are reshaping the landscape. Companies like Xylem and Pentair are at the forefront of adopting energy-efficient solutions, focusing on variable speed pumps and unique monitoring systems.

Adoption of eco-friendly pumps that comply with stringent environmental regulations is a prevailing trend. These technological developments are helping industries, especially agriculture and municipal infrastructure, manage water resources more efficiently. 

Rising investments in water treatment facilities and infrastructure upgrades are fueling demand for robust and energy-efficient water pumps. As companies continue to innovate in energy-efficient and automated solutions, the trend of sustainability will remain a leading growth driver.

Historical Growth and Course Ahead

From 2019 to 2023, the Noth America water pump market recorded a CAGR of 4.3%. Over the past decade, the market has experienced consistent growth, driven by increased demand from agriculture, construction, and water management sectors.

Key players like Franklin Electric and Grundfos have led the charge with product diversification, including high-efficiency pumps and automated systems. The market was supported by substantial investments in water treatment technologies. These spurred demand for unique pumps that cater to both residential and industrial applications. Key players also capitalized on emerging trends in energy efficiency and smart water solutions, extending their reach and maintaining competitiveness in a fragmented market.

Sales of water pumps are estimated to rise at a CAGR of 5% from 2024 to 2031. The market is poised for continued growth, with key players like Xylem and Pentair focusing on sustainability, smart technologies, and automation to capture future demand.

Increasing adoption of Internet of Things (IoT)-integrated pumps and novel water monitoring solutions will likely revolutionize the market. It is anticipated to enable real-time data collection and improved system performance. Energy-efficient pumps and solutions for water reuse and conservation are set to be central to the market's growth, propelled by both regulatory demands and consumer preferences.

Market Growth Drivers

Development of Novel Testing Facilities to Meet Rising Demand Spurs Growth

The regional market is witnessing robust growth, fueled by significant investments in infrastructure and manufacturing capabilities by industry leaders. For instance,

• Sulzer's establishment of a cutting-edge testing and assembly facility in Mexico City, featuring new tools like a 10-meter-deep hydraulics test bed, exemplifies this momentum.
• The facility is designed to enhance the efficiency of testing and production processes, catering to the rising demand for large-scale solutions across the U.S.
• Similarly, Sulzer's Portland, Oregon facility is set to address urgent modernization needs in U.S. water systems. It is supported by initiatives like the Infrastructure Investment and Jobs Act, which are strengthening local manufacturing and supply chains.
• Investments in regional expansion, such as Sulzer’s Easley, South Carolina site, further highlight the shift toward localized production and distribution. It is reducing response times and improving system resilience against supply chain disruptions.

Ongoing Development of Irrigation Technologies to Fuel Sales

The regional market is evolving with a focus on unique irrigation technologies, driven by the agriculture sector's need for efficiency and sustainability. For instance,

• According to the 2023 Irrigation and Water Management Survey, U.S. farmers irrigated 53.1 million acres, slightly down from 55.9 million in 2018, yet demand for effective solutions remains strong.
• In 2023, 81 million acre-feet of water was used for irrigation, underscoring the essential role of reliable systems in large-scale agricultural operations.
• Key areas like California, Texas, and Nebraska, with substantial irrigated lands, highlight the importance of durable equipment to support crop production.
• Around 54% of irrigation water was sourced from groundwater, with average well depths reaching 241 feet. It reflects a growing reliance on high-performance systems to manage deep water sources efficiently.

Farmers and ranchers invested over US$ 3 Bn in irrigation equipment and systems in 2023, emphasizing the shift toward modernizing infrastructure. Technologies with automation and real-time monitoring capabilities are gaining traction, enabling optimized water use and reducing operational costs.

Canada is also seeing developments, with C$ 31.8 Mn allocated under its Indo-Pacific Strategy to enhance agricultural innovation, including sustainable irrigation solutions. These developments, coupled with concerns about climate variability and water scarcity, position the market to capitalize on trends toward efficient resource management.

Market Restraining Factors

Constant Pressure from Alternative Water Management Technologies

The market is experiencing growing competition from alternative water management technologies such as membrane filtration systems, unique recycling solutions, and chemical treatments. These innovations significantly reduce the reliance on large-scale pumping infrastructure by enabling water reuse in closed-loop systems and enhancing conservation efforts.

Industries adopting these alternatives are shifting toward solutions that prioritize sustainability and operational efficiency, challenging traditional systems' long-term demand. Water recycling systems, for instance, allow businesses to cut down on continuous water input and output. It is reshaping market dynamics and posing a potential threat to conventional equipment's growth trajectory.

The cost-efficiency of novel water management solutions further intensifies competition, as membrane filtration and recycling technologies often result in lower energy consumption. Companies facing regulatory pressures and striving to meet sustainability goals are increasingly inclined to invest in these systems.

The trend demands significant innovation from manufacturers, including features like energy-saving mechanisms, IoT integration, and compatibility with alternative technologies. As industries adapt to these evolving expectations, traditional systems must evolve to compete in a market increasingly dominated by intelligent and efficient water management solutions.

Key Market Opportunities

Companies to Develop 2 to 4-inch Pump Outlet Size to Gain Competitive Edge

The 2 to 4-inch outlet size range presents significant potential across municipal, agricultural, and industrial sectors due to its high versatility and efficiency. The segment will likely hold a share of 29% in 2024.

In agriculture, this size range is ideal for drip and sprinkler irrigation systems. These are aiding farmers in implementing water conservation practices to enhance crop yields amid concerns over climate variability and water scarcity.

Municipal systems benefit from these solutions for moderate flow applications, such as water distribution, stormwater management, and small-scale sewage treatment. Industrial processes leverage these systems for efficient fluid handling, cooling operations, and chemical applications, aligning with goals of cost reduction and energy efficiency. Demand for adaptable and sustainable solutions in these diverse applications underscores growth opportunities in North America water pump market.

Strategic Collaborations and Partnerships to Transform the Market

The North America water pump market is witnessing transformative growth driven by strategic collaborations and partnerships aimed at bolstering local production. The partnership between Xylem Inc. and Tiba Manzalawi Group, culminating in the launch of the Xylem Egypt Plant in May 2023, underscores this trend.

By producing Split-Case Centrifugal and End-Suction systems locally, this facility enhances delivery efficiency and caters to regional irrigation and HVAC needs. Such initiatives reflect a broader focus on local manufacturing to address supply chain challenges, reduce reliance on imports, and support economic growth through job creation.

Collaborations like the non-exclusive partnership between Flowserve Corporation and Gradiant, announced in March 2022, further highlight the market’s evolution toward integrated solutions. This alliance combines novel flow control products with innovative water treatment technologies, targeting the high demand in desalination and municipal sectors.

Development of systems such as the H2O+ submersible pump and integration with Gradiant's IoT platform enhances operational efficiency and sustainability. Similarly, Franklin Electric’s strategic realignment of its Abernathy, Texas facility into its Global Water Systems segment reflects a commitment to operational optimization.

By consolidating engineering and manufacturing resources, the company is addressing increasing demands for efficient and sustainable solutions. These partnerships exemplify how collaborations and innovations are shaping the future of water management technologies in the region.

Competitive Landscape for the North America Water Pump Market

The Noth America water pump market is characterized by a fragmented competitive landscape with a mix of large multinational corporations and regional players. Key manufacturers, such as BASF, Dow, Huntsman, and Covestro, are increasingly focusing on sustainable solutions, driven by rising demand for eco-friendly and energy-efficient products.

Companies are also investing heavily in circular economic initiatives, such as recycling technologies for polyurethane foams and developing products made from recycled materials. They are emphasizing product innovations, such as low-emission and lightweight solutions, particularly in industries like automotive and construction.

The trend is reshaping the competitive dynamics as firms seek to capitalize on regulatory support and evolving consumer preferences for sustainability. Despite the dominance of a few Noth America-based firm, the market remains highly competitive. Several regional and small-scale players are extending their footprint through strategic partnerships, acquisitions, and product diversification.

Recent Industry Developments

• In January 2024, WILO USA LLC, based in Cedarburg, launched the updated Wilo-FA submersible sewage pumps. Engineered for superior hydraulic performance and solid-handling efficiency, the pump features a 2-bladed mixed-flow impeller and unique CFD as well as FEA technology. It delivers high specific speeds between Ns 4,000 to 5,000 and offers configurations for wet and dry pit applications, combining compact design and cost-effectiveness.
• In April 2024, Xylem, based in Washington, DC, introduced the Jabsco PureFlo 21 at INTERPHEX 2024. Targeting pharmaceutical and biotechnology industries, the pump includes an adjustable pressure relief valve for contamination prevention and safety. With a multi-membrane diaphragm system and a polypropylene pump head, it reduces material use by 40%, promoting sustainable manufacturing
• In December 2023, Littleton-based Franklin Electric’s subsidiary, Headwater Companies, acquired assets of LCA Pump, LLC, operating as Water Works Pump. This acquisition extended Headwater’s footprint into Missouri and strengthened its service capabilities. Water Works Pump will operate under Headwater Wholesale, enhancing support for contractors and drillers in water system solutions.

North America Water Pump Market Report Scope

Attributes	Details
Forecast Period	2024 to 2031
Historical Data Available for	2019 to 2023
Market Analysis	US$ Billion for Value
Key Countries Covered	U.S. Canada
Key Market Segments Covered	Power Source Pump Outlet Size Volume Flow Rate Pump Type End Use Sales Channel Country
Key Companies Profiled in the Report	Xylem Inc. Pentair Franklin Electric Co., Inc. Flowserve Corporation Grundfos ITT Goulds Pumps Weir Group Ingersol Rand KSB Inc. Sulzer Ltd. Wilo USA LLC SPX FLOW, Inc Hayward Industries, Inc.
Report Coverage	Market Forecast and Trends Company Share Analysis Competitive Intelligence DROT Analysis Market Dynamics and Challenges Strategic Growth Initiatives
Customization and Pricing	Available upon request

North America Water Pump Market Segmentation

By Power Source

• Electric Pumps
  • AC Electric Pumps
  • DC Electric Pumps
  • Battery-powered Pumps
• Engine-driven Pumps
  • Gasoline Pumps
  • Diesel Pumps
  • Gas Powered

By Pump Outlet Size

• Up to 1 Inch
• 1 to 2 Inches
• 2 to 4 Inches
• 4 to 6 Inches
• Above 6 Inches

By Volume Flow Rate

• Up to 500 GPM
• 500 to 1000 GPM
• 1000 to 3000 GPM
• Above 3000 GPM

By Pump Type

• Centrifugal Pump
• Positive Displacement Water Pump
• Other Pumps

By End Use

• Construction
• Agriculture
• Oil and Gas
• Wastewater Treatment
• Chemical
• Mining
• Power Generation
• Food and Beverage
• Other

By Sales Channel

• OEM
• Aftermarket

By Country

• U.S.
• Canada

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