Tag: Malaysia residential electric water pump market

Malaysia Residential Electric Water Pump Market Major Players Analysis and Forecast Growth Until 2025
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Malaysia Residential Electric Water Pump Market Major Players Analysis and Forecast Growth Until 2025

According to TechSci Research report, “Malaysia Residential Electric Water Pump Market By Well Type, By Pump Type, By Function Type, By Power Rating, By Price Range, By Region, Competition, Forecast & Opportunities, 2025”, Malaysia residential electric pump market is forecast to cross $ 54 million by 2025 on account of increase in residential construction and water management activities across the country. The demand for residential water pump is expected to decline in 2020 compared to what it was in 2019 by almost 15% owing to decline in construction activities and lock down due to COVID-19 outbreak. However, market is expected to recover in the coming years because of various government initiatives to provide affordable housing to its people. Moreover, demand for...