Market Overview:
The global electric sump pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric sump pumps from residential, commercial, and industrial applications. Additionally, the growing awareness about the benefits of using electric sump pumps is also contributing to the growth of this market. Based on type, the global electric sump pumps market can be segmented into submersible sump pumps and pedestal SUMP PUMPS. The submersible SUMP PUMPS segment is expected to account for a major share of the global electric SUMP PUMPS market during the forecast period owing to their high efficiency and low maintenance requirements. Based on application,the global Electric SUMP PUMPsmarket can be divided into residential, commercial, and industrial applications.
Product Definition:
An electric sump pump is a device that uses an electric motor to force water out of a low-lying area, such as a basement or crawl space. This type of pump is often used to remove water that has collected in a sump basin, which is typically located in the lowest part of the home. Electric sump pumps are important for removing excess water from homes and preventing damage from flooding.
Submersible Sump Pumps:
Submersible Sump Pumps are used to remove water from a swimming pool and are powered by electricity. They work on the principle of suction, as the name suggests, they are submersed into the swimming pool and use their motor to create a vacuum which removes water effectively. The pump is installed in an electric casing which is then connected to an electrical outlet using a cord or plug.
Pedestal Sump Pumps:
A Pedestal Sump Pump is a device used to remove water from a swimming pool. It works by creating vacuum and drawing the water up into the pump head. The pump can be attached to an existing concrete or steel wall in order to function effectively.
Application Insights:
The commercial application segment accounted for the largest market share of over 60% in 2017. The growth is attributed to the growing construction activities across major economies including China, India and Japan. These pumps are used in places like swimming pools, spas, hot tubs and water features at shopping malls.
The industrial application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to the rapid development of chemical industries across countries including China, India and South Korea which require huge volumes of water for cooling or manufacturing processes daily.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in an increasing requirement for water supply and sanitation infrastructure. Moreover, rising population coupled with growing demand for consumer goods and services is likely to boost the regional market growth over the forecast period.
The Asia Pacific electric sump pumps industry is characterized by high product penetration owing to low manufacturing cost as compared to Pedestal Sump Pump (PSP) or Submersible Sump Pumps (SSP). Furthermore, government initiatives such as “One Belt One Road†initiative of China are expected to open new markets for electric sump pumps across Central Asia countries including Kazakhstan, Kyrgyzstan, Tajikistan & Uzbekistan at a significant growth rate of 14% from 2018 to 2030 as per World Bank data.
Growth Factors:
- Increasing demand for electric sump pumps in the construction industry as a result of growing infrastructure development activities across the globe.
- Rising awareness about the benefits of using electric sump pumps over traditional manual sump pumps, which is expected to boost their adoption over the next few years.
- Growing demand for energy-efficient and environment-friendly electric sump pumps from residential and commercial establishments worldwide.
- Proliferation of online retail platforms that offer a wide range of electric sump pump models at competitive prices, thereby facilitating easy access to these products for consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Sump Pumps Market Research Report
By Type
Submersible Sump Pumps, Pedestal Sump Pumps, Others
By Application
Residential, Commercial, Industrial
By Companies
Pentair, Zoeller, Franklin Electric, Liberty Pumps, Wayne, Xylem, Grundfos, Sulzer, WILO, Glentronics, Pentair, Tsurumi Pump, LEO Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Electric Sump Pumps Market Report Segments:
The global Electric Sump Pumps market is segmented on the basis of:
Types
Submersible Sump Pumps, Pedestal Sump Pumps, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pentair
- Zoeller
- Franklin Electric
- Liberty Pumps
- Wayne
- Xylem
- Grundfos
- Sulzer
- WILO
- Glentronics
- Pentair
- Tsurumi Pump
- LEO Group
Highlights of The Electric Sump Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Submersible Sump Pumps
- Pedestal Sump Pumps
- Others
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Sump Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric Sump Pumps are a type of pump that uses electricity to move water. They are often used in places where there is no access to an electric power source, such as in boats or on farms.
Some of the major companies in the electric sump pumps market are Pentair, Zoeller, Franklin Electric, Liberty Pumps, Wayne, Xylem, Grundfos, Sulzer, WILO, Glentronics, Pentair, Tsurumi Pump, LEO Group.
The electric sump pumps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Sump Pumps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Sump Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Sump Pumps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Sump Pumps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Sump Pumps Market Size & Forecast, 2020-2028
4.5.1 Electric Sump Pumps Market Size and Y-o-Y Growth
4.5.2 Electric Sump Pumps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Submersible Sump Pumps
5.2.2 Pedestal Sump Pumps
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Sump Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Sump Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Submersible Sump Pumps
9.6.2 Pedestal Sump Pumps
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Submersible Sump Pumps
10.6.2 Pedestal Sump Pumps
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Submersible Sump Pumps
11.6.2 Pedestal Sump Pumps
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Submersible Sump Pumps
12.6.2 Pedestal Sump Pumps
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Submersible Sump Pumps
13.6.2 Pedestal Sump Pumps
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Sump Pumps Market: Competitive Dashboard
14.2 Global Electric Sump Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pentair
14.3.2 Zoeller
14.3.3 Franklin Electric
14.3.4 Liberty Pumps
14.3.5 Wayne
14.3.6 Xylem
14.3.7 Grundfos
14.3.8 Sulzer
14.3.9 WILO
14.3.10 Glentronics
14.3.11 Pentair
14.3.12 Tsurumi Pump
14.3.13 LEO Group
