Press Release

India Submersible Water Pumps Market is Expected to grow at a robust CAGR of 8.41% through 2030F

The increasing India Submersible Water Pumps market is driven by urbanization and growing water supply needs, industrial and commercial applications during the forecast period 2026-2030F.


According to TechSci Research report, “India Submersible Water Pumps Market – By Region, Competition, Forecast & Opportunities, 2030F, The India Submersible Water Pumps Market was valued at USD 2.19 Billion in 2024 and is expected to reach USD 23.49 Billion by 2030 with a CAGR of 8.41% during the forecast period. Rapid urbanization in India is driving the demand for water infrastructure, including submersible water pumps. As cities like Mumbai, Delhi, and Bangalore experience population growth and urban sprawl, the need for reliable and efficient water supply systems is escalating. Submersible pumps are used in these urban centers to meet the increased demand for water in both residential and commercial buildings. , submersible pumps are integral to dewatering and sewage systems, where they help in draining floodwaters and maintaining proper sanitation, which is critical during the monsoon season. As the urban landscape continues to grow, submersible pumps will play a key role in addressing water challenges.

Agriculture remains a dominant sector in India, and submersible water pumps play a crucial role in irrigation. With India facing inconsistent rainfall patterns and increasing pressure on freshwater sources, farmers are turning to submersible pumps for reliable water access. These pumps are particularly popular for deep-well irrigation and water lifting from boreholes, offering high efficiency and energy-saving features. Government initiatives such as the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) and subsidies on agricultural equipment further drive adoption. The growing demand for agricultural products, along with the shift towards efficient water management, is fueling the market's growth in rural areas.

 

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Based on end-use, Agriculture dominated in the India Submersible Water Pumps Market in 2024, due to the critical role irrigation plays in ensuring consistent crop production, especially in regions facing water scarcity and unreliable rainfall. With agriculture being the primary livelihood for a large portion of India’s population, submersible water pumps have become essential for sustainable water management. India's dependence on agriculture is immense, contributing significantly to the country's GDP and employment. However, the agricultural sector faces several challenges, including the erratic distribution of rainfall, droughts, and decreasing surface water availability. Submersible water pumps offer an effective solution to these challenges by enabling farmers to access groundwater from deep borewells for irrigation. These pumps provide reliable water supply during dry seasons, ensuring that crops receive adequate water and preventing crop failures.

Government initiatives and subsidies have made submersible pumps more accessible to farmers. Programs such as the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) offer financial assistance to farmers for installing irrigation systems, including submersible water pumps. These initiatives aim to improve water-use efficiency in agriculture, reduce reliance on rain-fed irrigation, and increase overall agricultural productivity. Submersible water pumps are particularly popular in regions with deep groundwater reserves, as they are capable of lifting water from considerable depths. In states like Uttar Pradesh, Maharashtra, Tamil Nadu, and Rajasthan, where groundwater levels are deep, submersible pumps are ideal for providing irrigation. , the energy efficiency of submersible pumps makes them a cost-effective choice for farmers. The increasing adoption of solar-powered submersible pumps also contributes to lower operational costs and reduced dependence on grid electricity. Thus, the combination of agricultural dependency, government support, water scarcity concerns, and technological advancements positions agriculture as the dominant end-use sector in the India Submersible Water Pumps market in 2024.

Based on region, North India is the fastest growing region in the India Submersible Water Pumps Market during the forecast period, due to several key factors that are contributing to the increased demand for submersible pumps in this region. One of the primary drivers is the growing demand for irrigation in agricultural areas. North India, particularly states like Punjab, Haryana, Uttar Pradesh, and Rajasthan, is known for its vast agricultural activities, where irrigation plays a critical role in sustaining crop yields. With rising water scarcity issues, farmers are increasingly turning to submersible pumps for deep-well irrigation, especially in areas where groundwater is the primary source for agricultural activities. Water scarcity and erratic rainfall patterns in North India are making submersible pumps an essential tool for water extraction from deeper groundwater sources. In regions like Rajasthan and parts of Uttar Pradesh, where surface water sources are limited, groundwater from borewells is vital for both irrigation and drinking purposes. The need to access groundwater more efficiently is pushing the demand for submersible water pumps in these areas. Another factor driving market growth in North India is the industrial expansion. The rapid urbanization of cities like Delhi, Jaipur, and Chandigarh has led to an increased demand for water in the residential, commercial, and industrial sectors. Submersible pumps are used extensively in urban infrastructure for water supply, sewage management, and cooling systems in industries. The growing industrial base in North India creates a consistent need for reliable and high-capacity submersible water pumps. Government initiatives aimed at enhancing irrigation infrastructure and improving water management, particularly through schemes like the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), are further accelerating the adoption of submersible pumps. These initiatives are crucial in making water management more efficient, thus fueling market growth in North India.

 

Key market players in the India Submersible Water Pumps market are: -

  • Aqua India Private Limited
  • Bright Solar Limited
  • C R I Pumps Private Limited 
  • Crompton Greaves Consumer Electricals Limited    
  • Duke Pumping Solutions Private Limited      
  • Ecosoch Solar Private Limited          
  • Ecozen Solutions Private Limited      
  • Jakson Limited           
  • Novergy Energy Solutions Private Limited
  • Shakti Pumps (India) Limited

 

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“The India Submersible Water Pumps market presents significant opportunities driven by increasing agricultural irrigation needs, industrial growth, and urbanization. The rising demand for efficient water management solutions in water-scarce regions offers opportunities for advanced submersible pump technologies. , government initiatives, such as subsidies under the PMKSY and AMRUT schemes, are encouraging the adoption of submersible pumps in rural and urban sectors. The growing focus on sustainable and energy-efficient pumps, coupled with rising awareness about water conservation, further enhances market potential. With urban expansion and agricultural modernization, the market holds strong growth prospects for manufacturers and service providers.Top of Form” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

“India Submersible Water Pumps Market Segmented By Type (Borewell, Openwell, Non-Clog), By Mode of Operation (Multi-stage, Single-Stage), By End-Use (Agriculture, Municipal, Industrial, Water & wastewater, Others), By Region, Competition, Forecast and Opportunities, 2020-2030F,” has evaluated the future growth potential of India Submersible Water Pumps Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Submersible Water Pumps Market.

 

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