India-Centrifugal-Pumps-Market-Size-Growth-and-Outlook-2026-2034
                     India Centrifugal Pumps 
Market Size, Growth & 
Outlook (2026-2034)
Strategic analysis of industrial expansion, agricultural demand, and water 
infrastructure growth.
MARKET OVERVIEW
Steady Growth Momentum
$3.72B $5.21B 3.83%
2025 Market Size 2034 Forecast CAGR (2026-2034)
Current valuation of India's centrifugal Projected market value demonstrating Compound annual growth rate reflecting 
pumps sector robust expansion steady momentum
Market Forecast: 2025-2034
Consistent Upward 
Trajectory
The India centrifugal pumps market 
demonstrates steady expansion from USD 
3.72 billion in 2025 to USD 5.21 billion by 
2034, representing a compound annual 
growth rate of 3.83%.
Growth Highlight: The market is 
projected to add approximately USD 
1.49 billion in value over the forecast 
period, driven by infrastructure 
development and industrial 
expansion.
Study Timeline & 
Methodology
Historical Base Year Forecast 
Period Period
2025: Foundation 
2020-2025: for current market 2026-2034: 
Comprehensive assessment and Forward-looking 
analysis of past valuation projections and 
market growth 
performance and opportunities
trends
KEY INSIGHTS
Critical Takeaways
Infrastructure Development
Massive expansion in water and wastewater 
treatment projects driving demand for reliable 
pumping solutions across urban and rural 
areas.
Oil & Gas Sector Expansion
Growing petroleum industry requirements 
creating sustained demand for high-
performance centrifugal pumps in extraction 
and refining operations.
Energy-Efficient Adoption
Increasing deployment of solar-powered and 
energy-efficient pumping systems aligned 
with sustainability goals and cost reduction 
initiatives.
Market Demand Drivers
Government Initiatives Rising Industrialisation Agricultural Modernisation
Jal Jeevan Mission and PM-KUSUM Rapid expansion in chemicals, 
schemes accelerating rural water supply pharmaceuticals, and manufacturing Widespread adoption of micro-irrigation 
and solar pump adoption, creating sectors driving demand for specialised systems and precision farming techniques 
substantial market opportunities. pumping solutions across diverse requiring advanced pumping 
applications. infrastructure for efficient water 
management.
Growth Factors: Economic & Strategic Expansion
Urbanisation Impact
Rapid urban expansion drives 
Urbanisation unprecedented demand for municipal water 
Rising city growth Technological supply systems, wastewater treatment 
drives municipal water Advancement
demand facilities, and industrial infrastructure, 
IoT smart pumps 
enable efficient water creating sustained market growth.
management
Technology Integration
IoT-enabled smart pumps with remote 
monitoring capabilities revolutionise 
The convergence of urbanisation and technological innovation creates a powerful growth 
operational efficiency, predictive 
engine for the centrifugal pumps market.
maintenance, and energy management 
across all sectors.
Sustainability & 
Technology
Energy- Solar Remote 
Efficient Integration Monitoring
Systems
Solar submersible Real-time 
Advanced pumping pumps enable monitoring 
solutions renewable energy capabilities provide 
significantly reduce integration, unprecedented 
carbon footprint particularly visibility into pump 
whilst lowering beneficial for performance, 
operational costs remote agricultural enabling proactive 
through optimised applications and maintenance and 
energy off-grid locations. operational 
consumption. optimisation.
MARKET TRENDS
Shaping the Future
Innovation Driving 
Transformation
The centrifugal pumps market is experiencing a technological 
revolution, with artificial intelligence, advanced materials, and 
localised manufacturing reshaping the competitive landscape.
These trends reflect India's broader industrial evolution, 
combining global technological standards with domestic 
manufacturing capabilities to create sustainable, efficient 
solutions.
Product Segmentation
Overhung Vertically Between Bearing
Impeller Suspended
Most common design Designed for deep well Heavy-duty design with 
featuring impeller and sump applications impeller supported 
mounted on shaft end. where space is limited. between two bearings. 
Ideal for general Essential for water Preferred for high-
industrial applications, extraction, mining pressure, high-
water supply, and HVAC operations, and temperature 
systems. Offers easy wastewater treatment applications in power 
maintenance and cost- facilities requiring generation, oil refining, 
effectiveness. vertical installation. and chemical 
processing.
Application Analysis
Diverse Sector 
Deployment
Agriculture dominates the market with the 
largest share, driven by irrigation 
requirements and government schemes 
promoting farm mechanisation. Water and 
wastewater treatment represents the 
second-largest segment, reflecting India's 
infrastructure development priorities.
Power generation and oil & gas sectors, 
whilst smaller, represent high-value 
applications requiring specialised, high-
Agriculture Water Treatment Power Generation Oil & Gas performance pumping solutions with 
stringent reliability requirements.
Stage & Flow Type Analysis
Stage Configuration Flow Type
Single Stage Radial Flow
One impeller design for moderate Fluid exits perpendicular to shaft. 
pressure applications. Preferred for Most common type for high-pressure, 
water supply, irrigation, and general low-flow applications.
industrial use due to simplicity and 
cost-effectiveness.
Axial Flow
Multi-Stage Fluid flows parallel to shaft. Ideal for 
high-flow, low-pressure applications 
Multiple impellers in series for high- like flood control.
pressure requirements. Essential for 
boiler feed, reverse osmosis, and 
high-rise building applications. Mixed Flow
Combines radial and axial 
characteristics. Balanced performance 
for medium pressure and flow.
Regional Market Distribution
North India West India South India East India
Dominant agricultural demand Industrial powerhouse Balanced mix of agriculture, Emerging market with growing 
driven by Punjab, Haryana, featuring Gujarat and industry, and urban infrastructure development. 
and Uttar Pradesh. Major Maharashtra. Chemical plants, infrastructure. Tamil Nadu, West Bengal and Odisha 
irrigation requirements and refineries, and manufacturing Karnataka, and Andhra present opportunities in water 
government scheme facilities drive demand for Pradesh show strong growth management and industrial 
implementation create specialised pumping solutions. across multiple application expansion projects.
substantial market segments.
opportunities.
COMPETITIVE LANDSCAPE
Market Structure
Strategic Market Players
The India centrifugal pumps market features established domestic 
manufacturers and international players competing across 
technology, quality, and service dimensions.
Kirloskar Brothers Crompton Greaves KSB Limited
Market leader with comprehensive product portfolio and extensive Strong presence in agricultural and domestic segments with German engineering excellence with local manufacturing capabilities
distribution network innovative solutions
Shakti Pumps Wilo Mather and Platt
Leading solar pump manufacturer capitalising on renewable energy trends Premium segment focus with advanced technology and smart pumping solutions
Recent Industry Developments
December 2024 1
Roto Energy Systems: Secured significant global orders 
for solar-powered pumping systems, demonstrating India's 
growing export capabilities in renewable energy solutions. 2 Q4 2024
Latteys Industries: Received substantial orders under PM-
KUSUM scheme for solar agricultural pumps, reflecting 
2024 3 government initiative success in promoting sustainable 
farming.
Industry Trend: Multiple manufacturers announced 
capacity expansion plans and technology partnerships to 
meet growing demand across agricultural and industrial 
segments.
REPORT HIGHLIGHTS
Comprehensive Analysis Framework
Research Scope
Historical & Forecast • Historical performance analysis (2020-
Analysis
2025) establishing market baseline
Past trends and five-year • Detailed segmentation by product 
projections
type, stage, flow type, and application
Detailed Segment • Regional market dynamics across 
Breakdown
North, South, East, and West India
Market segments, drivers, Strategic • Competitive landscape assessment 
and performance Opportunities with key player profiles
Actionable growth initiatives •
and priorities Technology trends and innovation 
impact analysis
• Regulatory environment and 
government initiative evaluation
Our research methodology combines quantitative analysis with qualitative insights • Forward-looking projections through 
to deliver actionable intelligence. 2034 with growth drivers
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Investment Opportunities
Solar Pump Smart Pump Water Manufacturing 
Segment Technology Infrastructure Localisation
High-growth potential IoT-enabled solutions Massive government Make in India initiatives 
driven by PM-KUSUM commanding premium spending on Jal Jeevan and import substitution 
scheme and renewable pricing. Growing demand Mission and urban water create opportunities for 
energy adoption. for predictive maintenance supply projects ensures domestic production 
Government subsidies and remote monitoring sustained demand for capacity expansion and 
make solar pumps creates differentiation reliable pumping solutions. technology partnerships.
increasingly attractive for opportunities.
agricultural applications.
Market Challenges & Mitigation
Navigating Headwinds
Whilst the market demonstrates strong fundamentals, several 
challenges require strategic attention from industry 
participants.
Price sensitivity in agricultural segments, competition from 
unorganised players, and fluctuating raw material costs impact 
profitability. However, focus on value-added features, quality 
differentiation, and after-sales service can mitigate these 
pressures.
Future Outlook: 2025-2034
The India centrifugal pumps market stands at the intersection of industrial 
growth, agricultural modernisation, and sustainability imperatives. With a 
projected CAGR of 3.83%, the market will expand from USD 3.72 billion to 
USD 5.21 billion, driven by government initiatives, technological innovation, 
and infrastructure development.
Sustained Growth Technology 
Leadership
Consistent expansion across 
all segments Smart pumps and IoT integration
Sustainability Focus
Energy efficiency and solar adoption