Product Code: CM12087
Title:
India Single-Cylinder Pumpset Market Research Report: By Power Rating (Below 5 HP, 5.1 HP-10 HP, 10.1 HP-15 HP), Fuel Type (Diesel, Gasoline), End Use (Industrial, Agriculture, Commercial), Engine Capacity (Below 150 cc, 150 cc-300 cc, 301 cc-600 cc), Pump Type (Submersible, Monoblock) - Industry Analysis and Demand Forecast to 2030.
The population of India, which is already the second-highest in the world, rose to 1.36 billion in 2019 from 1.35 billion in 2018, and it will further increase to 1.7 billion by 2050, says the United Nations (UN). This is putting immense pressure on the agrarian community to feed the rising number of mouths, which hasn't been easy considering the rapid urbanization taking place in the country. As cities are growing and rural lands are transforming into urban zones, farmlands are giving way to buildings and roads.
Additionally, for a long time, most of the farmers in India have depended on seasonal rains, but with time, irrigation is being practiced to grow crops round the year. As a result of all these factors, the Indian single-cylinder pumpset market is forecast by P&S Intelligence to grow from $1,126.8 million in 2019 to $1,834.3 million by 2030, at a 5.3% CAGR between 2020 and 2030. Pumps are an important tool to draw water from underground sources and irrigation canals and route them to fields.
Since it is not always practical to have an electricity connection in the middle of the farm, pumps connected to an engine are widely used in the nation. Apart from feeding itself, India is also looking forward to augmenting its agricultural exports. The Agricultural Export Policy of the Ministry of Commerce and Industry envisions exporting agricultural products worth $60 billion by 2022. This is creating the requirement for additional land fit for cultivation, which is why pumpset sales are increasing in the country; water being one of the most-important resources for agriculture.
Apart from agriculture, pumpsets are used in many sectors, such as water & wastewater management, oil & gas, power generation, and metal & mining. All these sectors are growing on account of the government support in the form of the allowance for foreign involvement, policy framework, and direct and indirect investment. For instance, 100% foreign direct investment is now allowed in oil & gas upstream (exploration & production) and downstream (refining) operations.
Moreover, under the Make in India initiative, the government hopes to transform the country into a global manufacturing hub. Thus, as industries grow, so will the demand for single-cylinder pumpsets, both during the construction of the facilities, as well as once they are functional. Water is required in almost all industries, which reflects a rapidly rising demand for pumpsets in the future. As a downside, industrialization leads to the discharge of massive volumes of effluents into waterbodies.
This will become another major factor propelling the demand for pumpsets, as the increasing water pollution is leading to the formulation of stringent policies regarding water & wastewater treatment. Highlighting the unmet need for water & wastewater treatment, the UN says, "80 per cent of wastewater flows back into the ecosystem without being treated or reused." This is prompting the construction of sewage treatment plants across India, where pumpsets are among the most-important equipment. In addition, the government also provides the technical know-how, funding, and equipment for primary, secondary, and tertiary water treatment.
Engines fueled by diesel are more popular in the Indian single-cylinder pumpset market than those running on petrol (gasoline). Diesel engines are not only more fuel-efficient than gasoline engines, but diesel is also itself cheaper than gasoline. This brings down the overall operating cost of the pumpset, which is a boon for India, where most of the farmers do not have high incomes. With the decreasing farming area per person, farmers have less land to grow on, thus, less produce to sell, which is why cost-saving in any form possible is only going to help them.
Hence, with the demand for agricultural products rising in India, the sale of single-cylinder pumpsets will grow too.
Table of Contents
Chapter 1. Research Background
- 1.1 Research Objectives
- 1.2 Market Definition
- 1.3 Research Scope
- 1.3.1 Market Segmentation by Power Rating
- 1.3.2 Market Segmentation by Fuel Type
- 1.3.3 Market Segmentation by End Use
- 1.3.4 Market Segmentation by Engine Capacity
- 1.3.5 Market Segmentation by Pump Type
- 1.3.6 Market Segmentation by State
- 1.3.7 Analysis Period
- 1.3.8 Market Data Reporting Unit
- 1.3.8.1 Volume
- 1.3.8.2 Value
- 1.4 Key Stakeholders
Chapter 2. Research Methodology
- 2.1 Secondary Research
- 2.1.1 Paid
- 2.1.2 Unpaid
- 2.1.3 P&S Intelligence Database
- 2.2 Primary Research
- 2.2.1 Breakdown of Primary Research Respondents
- 2.2.1.1 By industry participant
- 2.2.1.2 By company type
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- 2.5 Assumptions for the Study
- 2.6 Notes & Caveats
Chapter 3. Executive Summary
Chapter 4. Introduction
- 4.1 Definition of Market Segments
- 4.1.1 By Power Rating
- 4.1.1.1 Below 5 HP
- 4.1.1.2 5.1 HP-10 HP
- 4.1.1.3 10.1 HP-15 HP
- 4.1.2 By Fuel Type
- 4.1.2.1 Diesel
- 4.1.2.2 Gasoline
- 4.1.3 By End Use
- 4.1.3.1 Industrial
- 4.1.3.2 Agriculture
- 4.1.3.3 Commercial
- 4.1.4 By Pump Type
- 4.1.4.1 Submersible
- 4.1.4.2 Monoblock
- 4.1.5 By Engine Capacity
- 4.1.5.1 Below 150 cc
- 4.1.5.2 150 cc-300 cc
- 4.1.5.3 301 cc-600 cc
- 4.2 Value Chain Analysis
- 4.3 Pricing Analysis
- 4.3.1 Pumpsets
- 4.3.2 Engines
- 4.4 Market Dynamics
- 4.4.1 Drivers
- 4.4.1.1 Rising population leading to increasing pressure on agricultural sector
- 4.4.1.2 Strong government support for industrial sector
- 4.4.1.3 Impact analysis of drivers on market forecast
- 4.4.2 Restraints
- 4.4.2.1 Overexploitation of groundwater sources
- 4.4.2.2 Impact analysis of restraints on market forecast
- 4.4.3 Opportunities
- 4.4.3.1 Stringent water & wastewater treatment regulations
- 4.5 Impact of COVID-19
- 4.5.1 Global Share by Countries
- 4.5.1.1 Contribution of countries in global manufacturing output
- 4.5.2 Contribution of Countries in Global Export and Import (2019)
- 4.5.2.1 Top 20 countries by export ($B)
- 4.5.2.2 Top 20 countries by import ($B)
- 4.5.3 Global Scenario of COVID-19 Impact
- 4.5.4 Global Scenario
- 4.5.4.1 GDP growth rate (2019)
- 4.5.4.2 GDP growth rate (2020)
- 4.5.4.3 GDP growth rate projections for 2021
- 4.5.5 Assessment of COVID-19 Impact on GDP and Economic Forecast
- 4.5.6 Assessment of COVID-19 Impact on Workforce across Sectors
- 4.5.7 Impact of COVID-19 on India Single-cylinder Pumpset Market
Chapter 5. India Market Size and Forecast
- 5.1 By Power Rating
- 5.2 By Fuel Type
- 5.3 By End Use
- 5.4 By Pump Type
- 5.5 By Engine Capacity
- 5.6 By State
Chapter 6. Competitive Landscape
- 6.1 List of Other Players
- 6.2 Market Ranking of Key Players
- 6.3 Unique Selling Points of Single-Cylinder Pumpset Manufacturers
- 6.3.1 Bharat Industries
- 6.3.2 Gujarat Forgings Pvt. Ltd.
- 6.3.3 Mittal Diesel
- 6.3.4 Prem Engineering Private Limited
- 6.3.5 Neptune Fairdeal Products Pvt. Ltd.
- 6.3.6 Usha International Ltd.
- 6.3.7 Basant Products (India) Ltd.
- 6.3.8 Kirloskar Oil Engines Ltd.
- 6.3.9 Kissan Iron Works
- 6.3.10 Apan (India) Exports
- 6.3.11 Rocket Engineering Corporation Pvt. Ltd.
- 6.4 Major Market Players For 5 HP Power Rating
- 6.5 OEM Analysis of Single-Cylinder Pumpset Market
- 6.6 Market Share Analysis
- 6.6.1 Organized Market Players
- 6.6.2 Unorganized Market Players
Chapter 7. Company Profiles
- 7.1 Bharat Industries
- 7.1.1 Business Overview
- 7.1.2 Product and Service Offerings
- 7.2 Gujarat Forgings Pvt. Ltd.
- 7.2.1 Business Overview
- 7.2.2 Product and Service Offerings
- 7.3 Mittal Diesel
- 7.3.1 Business Overview
- 7.3.2 Product and Service Offerings
- 7.4 Prem Engineering Pvt. Ltd.
- 7.4.1 Business Overview
- 7.4.2 Product and Service Offerings
- 7.5 Kirloskar Oil Engines Limited
- 7.5.1 Business Overview
- 7.5.2 Product and Service Offerings
- 7.5.3 Key Financial Summary
- 7.6 Neptune Fairdeal Products Pvt. Ltd.
- 7.6.1 Business Overview
- 7.6.2 Product and Service Offerings
- 7.7 Basant Products (India) Ltd.
- 7.7.1 Business Overview
- 7.7.2 Product and Service Offerings
- 7.8 Apan (India) Exports
- 7.8.1 Business Overview
- 7.8.2 Product and Service Offerings
- 7.9 Kissan Iron Works
- 7.9.1 Business Overview
- 7.9.2 Product and Service Offerings
- 7.10 Usha International Ltd.
- 7.10.1 Business Overview
- 7.10.2 Product and Service Offerings
- 7.11 Rocket Engineering Corporation Pvt. Ltd.
- 7.11.1 Business Overview
- 7.11.2 Product and Service Offerings
Chapter 8. Appendix
- 8.1 Abbreviations
- 8.2 Sources and References
- 8.3 Related Reports
List of Tables
- TABLE 1 ANALYSIS PERIOD OF THE STUDY
- TABLE 2 PUMPSETS ASP
- TABLE 3 ENGINES ASP
- TABLE 4 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 5 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
- TABLE 6 COVID-19 IMPACT ANALYSIS ON DIFFERENT SECTORS
- TABLE 7 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY POWER RATING, THOUSAND UNITS (2014-2019)
- TABLE 8 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY POWER RATING, THOUSAND UNITS (2020-2030)
- TABLE 9 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY POWER RATING, $M (2014-2019)
- TABLE 10 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY POWER RATING, $M (2020-2030)
- TABLE 11 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY FUEL TYPE, THOUSAND UNITS (2014-2019)
- TABLE 12 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY FUEL TYPE, THOUSAND UNITS (2020-2030)
- TABLE 13 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY FUEL TYPE, $M (2014-2019)
- TABLE 14 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY FUEL TYPE, $M (2020-2030)
- TABLE 15 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY END USE, THOUSAND UNITS (2014-2019)
- TABLE 16 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY END USE, THOUSAND UNITS (2020-2030)
- TABLE 17 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY END USE, $M (2014-2019)
- TABLE 18 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY END USE, $M (2020-2030)
- TABLE 19 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY PUMP TYPE, THOUSAND UNITS (2014-2019)
- TABLE 20 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY PUMP TYPE, THOUSAND UNITS (2020-2030)
- TABLE 21 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY PUMP TYPE, $M (2014-2019)
- TABLE 22 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY PUMP TYPE, $M (2020-2030)
- TABLE 23 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY ENGINE CAPACITY, THOUSAND UNITS (2014-2019)
- TABLE 24 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY ENGINE CAPACITY, THOUSAND UNITS (2020-2030)
- TABLE 25 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY ENGINE CAPACITY, $M (2014-2019)
- TABLE 26 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY ENGINE CAPACITY, $M (2020-2030)
- TABLE 27 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY STATE, THOUSAND UNITS (2014-2019)
- TABLE 28 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY STATE, THOUSAND UNITS (2020-2030)
- TABLE 29 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY STATE, $M (2014-2019)
- TABLE 30 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY STATE, $M (2020-2030)
- TABLE 31 LIST OF OTHER PLAYERS - SINGLE-CYLINDER PUMPSET MARKET
- TABLE 32 MARKET RANKING OF KEY PLAYERS
- TABLE 33 MAJOR PLAYERS FOR 5 HP RATING
- TABLE 34 OEM ANALYSIS OF SINGLE-CYLINDER PUMPSET MARKET
- TABLE 35 BHARAT INDUSTRIES - AT A GLANCE
- TABLE 36 GUJARAT FORGINGS PVT. LTD. - AT A GLANCE
- TABLE 37 MITTAL DIESEL - AT A GLANCE
- TABLE 38 PREM ENGINEERING PVT. LTD. - AT A GLANCE
- TABLE 39 KIRLOSKAR OIL ENGINES LIMITED - AT A GLANCE
- TABLE 40 KIRLOSKAR OIL ENGINES LIMITED - KEY FINANCIAL SUMMARY
- TABLE 41 NEPTUNE FAIRDEAL PRODUCTS PVT. LTD. - AT A GLANCE
- TABLE 42 BASANT PRODUCTS (INDIA) LTD. - AT A GLANCE
- TABLE 43 APAN (INDIA) EXPORTS - AT A GLANCE
- TABLE 44 KISSAN IRON WORKS - AT A GLANCE
- TABLE 45 USHA INTERNATIONAL LTD. - AT A GLANCE
- TABLE 46 ROCKET ENGINEERING CORPORATION PVT. LTD. - AT A GLANCE
List of Figures
- FIG 1 RESEARCH SCOPE
- FIG 2 RESEARCH METHODOLOGY
- FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
- FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
- FIG 5 DATA TRIANGULATION APPROACH
- FIG 6 INDIA SINGLE-CYLINDER PUMPSET MARKET SUMMARY
- FIG 7 INDIA SINGLE-CYLINDER PUMPSET MARKET SUMMARY (2030)
- FIG 8 INDIA SINGLE-CYLINDER PUMPSET MARKET VALUE CHAIN
- FIG 9 INDIA SINGLE-CYLINDER PUMPSET MARKET SNAPSHOT
- FIG 10 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY POWER RATING, THOUSAND UNITS (2014-2030)
- FIG 11 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY POWER RATING, $M (2014-2030)
- FIG 12 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY FUEL TYPE, THOUSAND UNITS (2014-2030)
- FIG 13 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY FUEL TYPE, $M (2014-2030)
- FIG 14 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY END USE, THOUSAND UNITS (2014-2030)
- FIG 15 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY END USE, $M (2014-2030)
- FIG 16 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY PUMP TYPE, THOUSAND UNITS (2014-2030)
- FIG 17 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY PUMP TYPE, $M (2014-2030)
- FIG 18 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY ENGINE CAPACITY, THOUSAND UNITS (2014-2030)
- FIG 19 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY ENGINE CAPACITY, $M (2014-2030)
- FIG 20 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY STATE, THOUSAND UNITS (2014-2030)
- FIG 21 INDIA SINGLE-CYLINDER PUMPSET MARKET, BY STATE, $M (2014-2030)
- FIG 22 MARKET SHARE ANALYSIS, BY PLAYERS' TYPE, BY VALUE (2019)
- FIG 23 KIRLOSKAR OIL ENGINES LIMITED - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)
