Rise in urbanization is expected to drive the Indonesia Residential Electric Water Pump Market growth during the forecast period.
According to TechSci Research report, “Indonesia Residential Electric Water Pump Market – By Region, Competition Forecast & Opportunities, 2018-2028,” the Indonesia Residential Electric Water Pump Marketis expected to register a robust CAGR during the forecast period, 2023-2028. An electric water pump is a type of machine used in a variety of applications to perform the simple task of moving liquids from one place to another. Due to its superior performance, efficiency and accuracy, electric water pumps are gradually replacing traditional mechanical water pumps in the global market. Electric water pumps can be less robust than mechanical water pumps, but there are many types of applications where they are better suited than the latter. Today, electric water pumps are typically chosen for heavy-duty applications because every horsepower counts. This range has been specifically designed to meet the needs of home applications. These pumps also include transfer of water from underground tanks to overhead tanks, suction of water, and pressurization of water for domestic use. The pump material should be weather resistant for exposed use. Pump performance primarily includes horsepower and flow. Demand for clean water has increased in Indonesia in recent years along with sales of domestic electric pumps for household use. In addition to providing unlimited amounts of water and maintaining constant pressure, constant pressure pumps also save energy and money. Water pump consumes energy only when it is needed. As the demand for water increases, so does the speed of the pump. As the water demand drops, the pump will slow down. The result is an energy efficient and budget friendly well water system.
Factors such as rapid industrialization and increasing demand for clean drinking water are expected to boost the market growth. Increasing investment in urban infrastructure with the aim of developing multiple smart cities and several upcoming sewage treatment projects will further increase the demand for electric water pumps during the forecast period.
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The Indonesia Residential Electric Water Pump Market is segmented into well type pump type, function type, power rating, price range. Based on well type, the market is further bifurcated into shallow well and deep well. During the projected period, the shallow well segment in the service type is expected to dominate the market. A shallow well indicates that the water table is close to the surface. Shallow well drilling means the hole can be up to 25 feet deep. Most residential places have wells that don’t go beyond 25 feet deep. The advantage of shallow wells is that they are inexpensive due to low labor and material costs. The well pump for this setup cannot be used underwater. That is, it must be placed on the ground inside the well casing. Luckily, this means that if one needs service of it, it is easily accessible.
Based on pump type, the market is further divided into submersible pump, jet pump, compressor pump, self-priming pump, inner circulating pump, and others. During the projected period, the submersible pump is expected to dominate the market. This is due to the high population density in the region and the increasing demand for domestic water pumps. A big advantage of submersible pumps is that they are already immersed in liquid and do not need to be primed. Submersible pumps are very efficient as they don’t use much energy to actually pump water. A lot of pump energy is saved because the water pressure pushes the water into the submersible pump.
Based on region, the market is divided into western, eastern, and central. During the projected period, the central region is expected to dominate the market. This is due to the high population density in the region and the increasing demand for domestic water pumps.
Key market players in the Indonesia Residential Electric Water Pump Market: –
- PT. Panasonic Manufacturing Indonesia
- PT. Sharp Electronics Indonesia
- Shimizu Corporation Indonesia
- PT. Wilo Pumps Indonesia
- PT. Ebara Indonesia
- PT. Torishima Guna Indonesia
- PT. Grundfos Pompa
- IWAKI Singapore (Indonesia Office)
- PT Hitachi Modern Sales Indonesia
- Mitsubishi Electric Indonesia
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“Increasing urbanization has made way for electric water pumps as demand for water has been like never before due to rise in population. Moreover, shallow well is expected to dominate the market since wells in residential spaces are not dug too deep generally. Central region is expected to dominate the market due to its dense population.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Indonesia Residential Electric Water Pump By Well Type (Shallow Well, Deep Well), By Pump Type (Submersible Pump, Jet Pump, Compressor Pump, Self-Priming Pump, Inner Circulating Pump, Others), By Function Type (Automatic, Non-Automatic), By Power Rating (Up to 0.25 HP, 0.25-0.5 HP, 0.5 HP-1 HP, 1 HP-1.5 HP, Above 1.5 HP), By Price Range (Economy, Medium, High, Premium) By Region, Competition Forecast & Opportunities, 2018-2028,” has evaluated the future growth potential of Indonesia Residential Electric Water Pump Marketand 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 the Indonesia Residential Electric Water Pump Market.
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