1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Utility Pump Market?
The projected CAGR is approximately 4.49%.
North America Utility Pump MarketNorth America Utility Pump Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics
North America Utility Pump Market by Product Type (Transfer Pumps, Submersible Pumps, Dewatering Pumps, Others), by Power Source (Gas Powered, Electric Powered, Battery Powered, Others), by End-user (Residential, Commercial, Industrial, Utility), by North America (U.S., Canada) Forecast 2025-2033
Base Year: 2024
140 Pages
North America Utility Pump Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics
North America Utility Pump Market 2025-2033 Trends: Unveiling Growth Opportunities and Competitor Dynamics
Key Insights
The North America Utility Pump Market size was valued at USD 2.05 USD Billion in 2023 and is projected to reach USD 2.79 USD Billion by 2032, exhibiting a CAGR of 4.49 % during the forecast period. A utility pump is an instrument that moves water or any fluids from one point to another with much efficiency. It is found in various applications such as removing water from flooded regions, transferring liquid from one container to another, and running irrigation systems which could require effective displacement of large volumes of fluid per unit time. There are various utility pumps such as submersible, pedestal, and battery-powered among others, for specific purposes and conditions. Generally, these machines contain elements, namely a motor, impeller, intake, and outlet ports among others, which operate together to smoothen the flow of fluid. In North America, the latest trends indicate that demand for utility pumps that are energy-efficient and environmentally sound is going up. This is because producers have begun incorporating aspects like variable speed engines as well as robust constructions into these pumps to enhance their nourishment as well as to extend their lifespan on one hand; on the other hand, they have been able to make their energy consumption lower and thus diminish their environmental implications.
North America Utility Pump Trends
- Rising demand for efficient and reliable water management solutions.
- Technological advancements in pump design and materials.
- Increasing awareness of the environmental impact of water usage.
- Growing adoption of smart and IoT-enabled pumps.
Driving Forces: What's Propelling the North America Utility Pump Market
- Infrastructure development: Investment in water and wastewater treatment plants, stormwater management systems, and irrigation projects.
- Industrial growth: Expansion of manufacturing, mining, and agricultural sectors.
- Climate change: Increasing frequency and severity of storms and floods.
- Environmental regulations: Stricter standards for water conservation and pollution control.
Challenges and Restraints in North America Utility Pump Market
- High upfront costs: Capital investment required for pump installation and maintenance.
- Energy consumption: Pumps can be energy-intensive, increasing operating expenses.
- Corrosion and wear: Pumps operate in harsh environments, requiring regular maintenance and replacement.
- Shortage of skilled labor: Limited availability of qualified technicians for pump installation and repair.
Emerging Trends in North America Utility Pump
- Integrated pumping systems: Combining pumps with sensors, controllers, and software for remote monitoring and control.
- Energy-efficient pumps: Pumps with variable frequency drives (VFDs) and optimized hydraulic designs.
- Modular pumps: Pumps designed for easy assembly, disassembly, and maintenance.
- Smart pumps: Pumps with built-in sensors and connectivity for real-time data collection and remote diagnostics.
Growth Catalysts in North America Utility Pump Industry
- Government incentives: Tax credits and rebates for energy-efficient pumps.
- Research and development: Collaboration between manufacturers and research institutions to develop innovative pump technologies.
- Partnerships and acquisitions: Strategic alliances and mergers to expand product portfolios and market reach.
- Digitalization: Adoption of cloud-based platforms and IoT solutions for pump monitoring and control.
Market Segmentation: North America Utility Pump Analysis
Product Type:
- Transfer Pumps
- Submersible Pumps
- Dewatering Pumps
- Others
Power Source:
- Gas Powered
- Electric Powered
- Battery Powered
- Others
End-user:
- Residential
- Commercial
- Industrial
- Utility
Leading Players in the North America Utility Pump Market
- Zoeller Pump (U.S.)
- Wayne (U.S.)
- Aquapro (U.S.)
- Beckson (U.S.)
- BURCAM (U.S.)
- Champion Power Equipment (U.S.)
- Danner Manufacturing Inc. (U.S.)
- Superior Pump (U.S.)
- Tsurumi Pump (U.S.)
- Moyno (U.S.)
- Pentair (U.S.)
- Franklin Electric (U.S.)
- Xylem (U.S.)
Significant developments in North America Utility Pump Sector
- Tsurumi's AVANT TM MQ series offers efficient solutions for the sewer market. (September 2023)
- Pentair received the Energy Star Partner of the Year Award for Sustained Excellence. (May 2022)
- Franklin Electric acquired Blake Group Holdings to enhance its product portfolio. (January 2022)
- Pentair completed the acquisition of Pleatco to strengthen its position in water filtration and clean air technologies. (October 2021)
- Franklin Electric acquired the product lines and assets of CPS Pumps to expand its offerings in the agriculture, municipal, industrial, and mining markets. (March 2020)
Comprehensive Coverage North America Utility Pump Market Report
The report provides a comprehensive analysis of the North American utility pump market, including:
- Market size, share, and growth rate by product type, power source, end-user, and region
- Competitive landscape and company profiles of key players
- Industry trends, challenges, and growth drivers
- Porter's Five Forces and BCG Matrix analyses
- PESTLE analysis and import/export data
- Regulatory landscape and technology analysis
- Production, consumption, and capacity data
Regional Insight
The North American utility pump market encompasses three primary regions:
- United States: The largest contributor to the market, with a significant demand for utility pumps in the municipal, industrial, and commercial sectors.
- Canada: A growing market driven by urbanization and infrastructure development, leading to increased demand for water and wastewater management solutions.
- Mexico: An emerging market with a growing population and industrial base, presenting growth opportunities for the utility pump industry.
Technology Analysis
The report discusses the latest technological advancements in utility pump design, materials, and control systems.
Pestle Analysis
The report examines political, economic, social, technological, environmental, and legal factors influencing the market.
Porter's Five Force Analysis
The report assesses the competitive forces in the market:
- The threat of new entrants
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of substitutes
- Rivalry among existing competitors
North America Utility Pump Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 4.49% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rapid Pace of Industrialization and Urbanization in the North America Region Leads to Increased Demand
- 3.3. Market Restrains
- 3.3.1. Competition from Alternate Technologies to Restrain Market Demand
- 3.4. Market Trends
- 3.4.1. Integration of Internet of Things Connectivity in Utility Pumps to Drive Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Utility Pump Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 5.1.1. Transfer Pumps
- 5.1.2. Submersible Pumps
- 5.1.3. Dewatering Pumps
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast - by Power Source
- 5.2.1. Gas Powered
- 5.2.2. Electric Powered
- 5.2.3. Battery Powered
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast - by End-user
- 5.3.1. Residential
- 5.3.2. Commercial
- 5.3.3. Industrial
- 5.3.4. Utility
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 6. United States North America Utility Pump Market Analysis, Insights and Forecast, 2019-2031
- 7. Canada North America Utility Pump Market Analysis, Insights and Forecast, 2019-2031
- 8. Mexico North America Utility Pump Market Analysis, Insights and Forecast, 2019-2031
- 9. Competitive Analysis
- 9.1. Market Share Analysis 2024
- 9.2. Company Profiles
- 9.2.1 Zoeller Pump (U.S.)
- 9.2.1.1. Overview
- 9.2.1.2. Products
- 9.2.1.3. SWOT Analysis
- 9.2.1.4. Recent Developments
- 9.2.1.5. Financials (Based on Availability)
- 9.2.2 Wayne (U.S.)
- 9.2.2.1. Overview
- 9.2.2.2. Products
- 9.2.2.3. SWOT Analysis
- 9.2.2.4. Recent Developments
- 9.2.2.5. Financials (Based on Availability)
- 9.2.3 Aquapro (U.S.)
- 9.2.3.1. Overview
- 9.2.3.2. Products
- 9.2.3.3. SWOT Analysis
- 9.2.3.4. Recent Developments
- 9.2.3.5. Financials (Based on Availability)
- 9.2.4 Beckson (U.S.)
- 9.2.4.1. Overview
- 9.2.4.2. Products
- 9.2.4.3. SWOT Analysis
- 9.2.4.4. Recent Developments
- 9.2.4.5. Financials (Based on Availability)
- 9.2.5 BURCAM (U.S.)
- 9.2.5.1. Overview
- 9.2.5.2. Products
- 9.2.5.3. SWOT Analysis
- 9.2.5.4. Recent Developments
- 9.2.5.5. Financials (Based on Availability)
- 9.2.6 Champion Power Equipment (U.S.)
- 9.2.6.1. Overview
- 9.2.6.2. Products
- 9.2.6.3. SWOT Analysis
- 9.2.6.4. Recent Developments
- 9.2.6.5. Financials (Based on Availability)
- 9.2.7 Danner Manufacturing Inc. (U.S.)
- 9.2.7.1. Overview
- 9.2.7.2. Products
- 9.2.7.3. SWOT Analysis
- 9.2.7.4. Recent Developments
- 9.2.7.5. Financials (Based on Availability)
- 9.2.8 Superior Pump (U.S.)
- 9.2.8.1. Overview
- 9.2.8.2. Products
- 9.2.8.3. SWOT Analysis
- 9.2.8.4. Recent Developments
- 9.2.8.5. Financials (Based on Availability)
- 9.2.9 Tsurumi Pump (U.S.)
- 9.2.9.1. Overview
- 9.2.9.2. Products
- 9.2.9.3. SWOT Analysis
- 9.2.9.4. Recent Developments
- 9.2.9.5. Financials (Based on Availability)
- 9.2.10 Moyno (U.S.)
- 9.2.10.1. Overview
- 9.2.10.2. Products
- 9.2.10.3. SWOT Analysis
- 9.2.10.4. Recent Developments
- 9.2.10.5. Financials (Based on Availability)
- 9.2.11 Pentair (U.S.)
- 9.2.11.1. Overview
- 9.2.11.2. Products
- 9.2.11.3. SWOT Analysis
- 9.2.11.4. Recent Developments
- 9.2.11.5. Financials (Based on Availability)
- 9.2.12 Franklin Electric (U.S.)
- 9.2.12.1. Overview
- 9.2.12.2. Products
- 9.2.12.3. SWOT Analysis
- 9.2.12.4. Recent Developments
- 9.2.12.5. Financials (Based on Availability)
- 9.2.13 Xylem (U.S.)
- 9.2.13.1. Overview
- 9.2.13.2. Products
- 9.2.13.3. SWOT Analysis
- 9.2.13.4. Recent Developments
- 9.2.13.5. Financials (Based on Availability)
- 9.2.1 Zoeller Pump (U.S.)
List of Figures
- Figure 1: North America Utility Pump Market Revenue Breakdown (USD Billion, %) by Product 2024 & 2032
- Figure 2: North America Utility Pump Market Share (%) by Company 2024
List of Tables
- Table 1: North America Utility Pump Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 2: North America Utility Pump Market Volume K units Forecast, by Region 2019 & 2032
- Table 3: North America Utility Pump Market Revenue USD Billion Forecast, by Product Type 2019 & 2032
- Table 4: North America Utility Pump Market Volume K units Forecast, by Product Type 2019 & 2032
- Table 5: North America Utility Pump Market Revenue USD Billion Forecast, by Power Source 2019 & 2032
- Table 6: North America Utility Pump Market Volume K units Forecast, by Power Source 2019 & 2032
- Table 7: North America Utility Pump Market Revenue USD Billion Forecast, by End-user 2019 & 2032
- Table 8: North America Utility Pump Market Volume K units Forecast, by End-user 2019 & 2032
- Table 9: North America Utility Pump Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 10: North America Utility Pump Market Volume K units Forecast, by Region 2019 & 2032
- Table 11: North America Utility Pump Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 12: North America Utility Pump Market Volume K units Forecast, by Country 2019 & 2032
- Table 13: United States North America Utility Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 14: United States North America Utility Pump Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 15: Canada North America Utility Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 16: Canada North America Utility Pump Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 17: Mexico North America Utility Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 18: Mexico North America Utility Pump Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 19: North America Utility Pump Market Revenue USD Billion Forecast, by Product Type 2019 & 2032
- Table 20: North America Utility Pump Market Volume K units Forecast, by Product Type 2019 & 2032
- Table 21: North America Utility Pump Market Revenue USD Billion Forecast, by Power Source 2019 & 2032
- Table 22: North America Utility Pump Market Volume K units Forecast, by Power Source 2019 & 2032
- Table 23: North America Utility Pump Market Revenue USD Billion Forecast, by End-user 2019 & 2032
- Table 24: North America Utility Pump Market Volume K units Forecast, by End-user 2019 & 2032
- Table 25: North America Utility Pump Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 26: North America Utility Pump Market Volume K units Forecast, by Country 2019 & 2032
- Table 27: U.S. North America Utility Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 28: U.S. North America Utility Pump Market Volume (K units) Forecast, by Application 2019 & 2032
- Table 29: Canada North America Utility Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 30: Canada North America Utility Pump Market Volume (K units) Forecast, by Application 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the North America Utility Pump Market?
Key companies in the market include Zoeller Pump (U.S.), Wayne (U.S.), Aquapro (U.S.), Beckson (U.S.), BURCAM (U.S.), Champion Power Equipment (U.S.), Danner Manufacturing Inc. (U.S.), Superior Pump (U.S.), Tsurumi Pump (U.S.), Moyno (U.S.), Pentair (U.S.), Franklin Electric (U.S.), Xylem (U.S.).
3. What are the main segments of the North America Utility Pump Market?
The market segments include Product Type, Power Source, End-user.
4. Can you provide details about the market size?
The market size is estimated to be USD 2.05 USD Billion as of 2022.
5. What are some drivers contributing to market growth?
Rapid Pace of Industrialization and Urbanization in the North America Region Leads to Increased Demand.
6. What are the notable trends driving market growth?
Integration of Internet of Things Connectivity in Utility Pumps to Drive Market Growth.
7. Are there any restraints impacting market growth?
Competition from Alternate Technologies to Restrain Market Demand.
8. Can you provide examples of recent developments in the market?
September 2023: Tsurumi's AVANT TM MQ series joined the MY and MMR product series to offer more solutions that cater to the needs of the sewer market. The MQ series has proven to be efficient and reliable owing to the energy saving of Tsurumi's highly efficient IE3 motors. Tsurumi's AVANT TM product line brings efficient solutions to even the most demanding applications.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3850, USD 4850, and USD 5850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD Billion and volume, measured in K units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Utility Pump Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Utility Pump Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Utility Pump Market?
To stay informed about further developments, trends, and reports in the North America Utility Pump Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.