Africa, Australia and New Zealand Dewatering Pumps Market Outlook- 2027:
The Africa, Australia and New Zealand dewatering pumps market size was valued at $303,709.9 thousand in 2019, and is expected to reach $520,000.0 thousand by 2027, registering a CAGR of 8.7% from 2020 to 2027. Dewatering pumps are used to remove water from places such as construction sites, mines, tunnels and drainage systems. These pumps are used to maintain the water level or remove unwanted water from underground places. The motor in the pumps helps in suction of the water through inlet and throw it out from the other end.
Urbanization and industrialization in developing countries is majorly driving the dewatering pump market. Increase in demand for construction & infrastructure developments largely drives the Africa, Australia and New Zealand dewatering pumps market growth. Rise in industrialization in developing countries has augmented the requirement of dewatering pump. Industries such as mining, construction, powerhouses and wastewater management, require dewatering pump that can pump out the water from base of the infrastructures. In addition, the dewatering pumps are also available in different sizes and capacity or power.
Further, the installation of these dewatering pumps is an easy process and does not require a lot of effort. Moreover, the cost of the dewatering pumps is also not very high. Therefore, factors such as availability of wide range and standards, easy installation and operation of dewatering pumps drives the Africa, Australia and New Zealand dewatering pumps market scope. However, submersible pumps work under water under adverse conditions such as unstable pressure, temperature, vibrations and several other factors in the industry that physically damage the submersible dewatering pumps. This leads to rise in expenditure in maintenance and monitoring of the dewatering pump. Thus, this act as a restraint factor to the dewatering pump market.
In addition, during the outbreak of COVID-19, construction, manufacturing, hotel, and tourism industries were majorly affected. Construction and mining activities were also stopped or restricted to a huge extent.
Manufacturing and transportation activities, along with their supply chains were hampered on a global level. This led to decline in construction activities, which directly hindered the Africa, Australia and New Zealand dewatering pumps market. However, gradually all industries are resuming their regular manufacturing and services. This is further expected to lead to re-initiation of dewatering pumps companies at their full-scale capacities, which is expected to help the market to start to recover by start of 2022. On the contrary, rise in demand for wastewater management treatment plants is a major opportunity to boost the dewatering pump market during the forecast period.
The Africa, Australia and New Zealand dewatering pumps market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into submersible dewatering pumps and non-submersible dewatering pumps. Depending on application, it is classified into construction and agriculture, oil and gas, municipal, mineral & mining and others. By country, it is analyzed across South Africa, Nigeria, New Zealand, Australia and rest of Africa.
By Type
Non-submersible segment holds the largest share in Africa, Australia and New Zealand Dewatering Pumps market
By type, in 2019, the non-submersible segment dominated the Africa, Australia and New Zealand dewatering pumps market, in terms of revenue and the submersible segment is expected to witness growth at the highest CAGR during the forecast period. On the basis of application, the construction and agriculture segment led the market in 2019, in terms of revenue and municipal segment is anticipated to register highest CAGR during the forecast period.
By Application
Construction and agriculture segment holds dominant position in 2019
Competition analysis
The major players profiled in the Africa, Australia and New Zealand dewatering pumps market share include Atlas Copco/Varisco, Allight Sykes, Andrew Sykes, BBA Pumps (Bruin Buizen Apeldoorn BV), Clasal Pumps, Cornell Pumps, Godwin (part of Xylem), Gorman Rupp, Hidrostal, Impulse Pumps, Pioneer (A Franklin Electric company), and Selwood. The companies adopted strategies such as product launch and business expansion, to expand their portfolio and to offer service in new regions.
By Country
Rest of Africa holds a dominant position in 2019 and Nigeria is expected to grow at a highest rate during the forecast period.
Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging Africa, Australia and New Zealand dewatering pumps market trends and dynamics.
- In-depth Africa, Australia and New Zealand dewatering pumps market analysis is conducted by estimations for the key segments between 2020 and 2027.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of four major regions is provided to determine the prevailing opportunities in Africa, Australia and New Zealand dewatering pumps market.
- The market forecast analysis from 2020 to 2027 is included in the report.
- The key players operating in the Africa, Australia and New Zealand dewatering pumps market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market industry.
Africa, Australia And New Zealand Dewatering Pumps Market: Key Segments
By Type
- Submersible dewatering pumps
- Non-submersible dewatering pumps
By Application
- Construction and Agriculture
- Oil and Gas
- Municipal
- Mineral & Mining
- Others
By Region
- South Africa
- Nigeria
- New Zealand
- Australia
- Rest of Africa
Africa, Australia and New Zealand Dewatering Pumps Market Report Highlights
Aspects | Details |
By TYPE |
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By APPLICATION |
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By COUNTRY |
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Key Market Players | HIDROSTAL HOLDING AG, BBA PUMPS BV, ANDREW SYKES GROUP PLC., CLASAL, ROPER TECHNOLOGIES INC.(CORNELL PUMP COMPANY), SEVEN GROUP HOLDINGS LIMITED, ATLAS COPCO AB, PIONEER (A FRANKLIN ELECTRIC COMPANY), WORKDRY INTERNATIONAL LIMITED (SELWOOD LTD.), XYLEM, INC. (GODWIN), GORMAN-RUPP COMPANY |
Analyst Review
The Africa, Australia and New Zealand dewatering pumps market has high potential in the construction and mining industry, due to the expansion of construction and mining sector majorly in Africa. The current business scenario experiences rapid development in the construction and mining sector, leading to increased adoption of dewatering pumps, particularly in the developing countries such as Namibia, Ghana, Nigeria and others. In addition, availability of wide range and standards of dewatering pumps, their easy installation and operation drives the dewatering pumps market. The Africa, Australia and New Zealand dewatering pumps market was valued at $303,709.9 thousand in 2019, and is expected to reach $520,000.0 thousand by 2027, registering a CAGR of 8.7% from 2020 to 2027.
However, submersible pumps work under water under adverse conditions and can cause wear and tear of the dewatering pumps. This leads to rise in expenditure in maintenance and monitoring of the dewatering pump. Rise in demand for dewatering pumps is expected to be witnessed in the near future, due to increase in awareness in carrying out treatment on wastewater. This factor is expected to create lucrative opportunities for the key players operating in the dewatering pumps market.
The companies adopted strategies such as product launch and business expansion to expand their portfolio and to offer service in new regions.
The global Africa, Australia and New Zealand dewatering pump market size was valued at $303,709.9 thousand in 2019, and is expected to reach $520,000.0 thousand by 2027, registering a CAGR of 8.7% from 2020 to 2027.
The forecast period considered for the global Africa, Australia and New Zealand dewatering pump market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.
To get latest version of global Africa, Australia and New Zealand dewatering pump market report can be obtained on demand from the website.
The base year considered in the global Africa, Australia and New Zealand dewatering pump market report is 2019.
The top companies holding the market share in the global Africa, Australia and New Zealand dewatering pump market report include Atlas Copco/Varisco, Allight Sykes, Andrew Sykes, BBA Pumps (Bruin Buizen Apeldoorn BV), Clasal Pumps, Cornell Pumps, Godwin (part of Xylem), Gorman Rupp, Hidrostal, Impulse Pumps, Pioneer (A Franklin Electric company), and Selwood.
The top ten market players are selected based on two key attributes - competitive strength and market positioning
By type, in 2019 the non-submersible segment dominated the global Africa, Australia and New Zealand dewatering pump market, in terms of revenue and is expected to maintain this trend during the forecast period.
By application, the construction & agriculture segment is the highest share holder of global Africa, Australia and New Zealand dewatering pump market.
The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
The market value of the global Africa, Australia and New Zealand dewatering pump market is $289,292.7 thousand in 2020.
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