Vietnam Water Pumps Market Outlook 2024: Trends, Growth & Demand

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Executive Summery

This report presents a detailed overview of the Vietnam Water Pumps Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Vietnam Water Pumps industry landscape.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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Vietnam Water Pumps Market Statistics and Key Highlights

The Vietnam Water Pumps Market size is estimated to grow at a CAGR of around 8.3% during the forecast period, i.e., 2024-30.

  • Vietnam Water Pumps market shows steady growth
  • Market size expanding due to rising industry demand
  • Competitive landscape driven by tech and innovation
  • Detailed segment-wise and geography wise share analysis
  • Forecast reveals strong trends shaping future outlook

Key Player- Emerging Vietnam Water Pumps Companies

  • EBARA Vietnam Pump Company Limited
  • Grundfos Vietnam Co., Ltd.
  • HAPUMA
  • Intech Pumps Vietnam Company Limited
  • Iwaki Co., Ltd.
  • KSB Vietnam Co., Ltd.
  • Sai Gon Industrial Service
  • Tsurumi Manufacturing Co., Ltd.
  • WILO SE
  • ITT BORNEMANN GmbH.
  • Others

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Vietnam Water Pumps Market Challenge:

High Initial Cost to Impede the Market Expansion – The high initial cost associated with agricultural smart pumps presents a considerable barrier for farmers, particularly in a market where cost sensitivity is paramount. Vietnam's agricultural sector comprises many small-scale farmers who struggle to afford the upfront investment required for these advanced pump technologies. Additionally, the scarcity of raw materials and lack of spare parts for modern agricultural pumps hinder the manufacturing and maintenance processes, limiting the availability and reliability of these pumps in the market.

 

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Vietnam Water Pumps Market Segmentation

By Type of Pumps

  • Centrifugal Pumps
    • Overhung Pumps
      • Vertical Inline
      • Horizontal End Suction
    • Split Case Pumps
      • Single/Two Stage
      • Multistage
    • Vertical Pumps
      • Turbine
        • Solid Handling
        • Non-solid Handling
      • Axial
      • Mixed Flow
      • Submersible Pumps
        • Solid Handling
        • Non-solid Handling
      • Positive Displacement Pumps
        • Diaphragm Pumps
        • Piston Pumps
        • Gear Pumps
        • Lobe Pumps
        • Progressive Cavity Pumps
        • Screw Pumps
        • Vane Pumps
        • Peristaltic Pumps

By Power Rating

  • Up to 0.25HP- Market Size & Forecast 2019-2030F, USD Million
  • 25-0.5HP- Market Size & Forecast 2019-2030F, USD Million
  • 5 HP-1HP- Market Size & Forecast 2019-2030F, USD Million
  • 1HP-1.5HP- Market Size & Forecast 2019-2030F, USD Million
  • Above 1.5HP- Market Size & Forecast 2019-2030F, USD Million

By Price Range

  • Economy- Market Size & Forecast 2019-2030F, USD Million
  • Medium- Market Size & Forecast 2019-2030F, USD Million
  • High- Market Size & Forecast 2019-2030F, USD Million
  • Premium- Market Size & Forecast 2019-2030F, USD Million

By End User

  • Oil & Gas- Market Size & Forecast 2019-2030F, USD Million
  • Power Generation- Market Size & Forecast 2019-2030F, USD Million
  • Residential- Market Size & Forecast 2019-2030F, USD Million
  • Agriculture & Irrigation- Market Size & Forecast 2019-2030F, USD Million
  • Commercial Building- Market Size & Forecast 2019-2030F, USD Million
  • HVAC- Market Size & Forecast 2019-2030F, USD Million
  • Fire- Market Size & Forecast 2019-2030F, USD Million
  • Chemicals- Market Size & Forecast 2019-2030F, USD Million
  • Water & Wastewater- Market Size & Forecast 2019-2030F, USD Million
  • Food & Beverage- Market Size & Forecast 2019-2030F, USD Million
  • Others

By Region

  • North
  • South
  • Central

The northern region of Vietnam drives growth in the Water Pump Market due to its significant agricultural sector, densely populated & developed than other regions of Vietnam, situated near the Red River Delta, and has diverse water management needs. 

Reasons to Buy This Report

  1. Gain comprehensive insights into current market trends and dynamics.
  2. Equip your business with data-driven strategies for informed decisions.
  3. Identify lucrative market opportunities and strategic growth areas.
  4. Analyze competitors to enhance your positioning in the market landscape.
  5. Understand geographical trends across diverse markets for better expansion strategies.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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