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A water pump is a machine or device that is driven by a belt, which is connected to the engine’s crankshaft. The water pump circulates water whenever the engine is turned on. The water pump works on the principle of converting mechanical energy into pressure energy. Centrifugal force is used to send the water out of the pump when it spins, causing water to be drawn continuously from the center. Sea water pumps are used to circulate sea water for multiple applications like deck washing, engine cooling, firefighting, and more. Water pumps can be classified as centrifugal, axial, and positive displacement pumps. Among these the most widely used are the centrifugal pumps due to their flexibility in performance when compared to other types of pumps.
Rise in the development of the ship manufacturing industry, improvement in international trade, and the stringent emission laws by governments of several countries are the major potential drivers that are expected to positively influence the growth of the global sea water pumps market. Apart from these, spreading awareness about the supply of uncontaminated water, treatment and distillation of the sea water can significantly contribute for the global sea water pumps market growth. However, one of the factors that can hinder the growth of the sea water pumps market is the high product and maintenance costs. The adoption of non-corrosive metals such as bronze as a replacement for stainless steel in the production of the water pumps will increase the opportunities for manufacturing companies in the sea water pumps market.
Water pump manufacturers have started focusing on customized products and new technological innovations. The new upgraded products are designed with the objective to make the water pumps compact and energy efficient. For instance, in 2018, Neptune systems launched COR-20 intelligent return pump which is a brush less, variable speed DC-driven pump. The special features of the COR-20 pump are energy efficiency and very quiet operation. The power consumption is less than 90W. Such new products with improved efficiency and innovative features can provide momentum for the increase in demand for the sea water pumps market over the forecast period.
As the population across the world is increasing every day, the demand for treated water which is a basic necessity is also increasing. Consequently, the need for desalination plants has also been booming lately. Desalination is a process of removing salts and mineral components from saline water. Sea water pumps have widespread applications in desalination plants. There is an increase in the number of desalination plants in the countries like Africa and other Middle Eastern countries, which is creating great growth opportunities for the sea water pumps market. Additionally, surge in seaborne trade is also expected to drive the growth of the shipbuilding industry, which will result in increase in demand for sea water pumps.
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