Market Concentration and Competitive Landscape

Thailand Water Pump Market Concentration By Players

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Growing Industrial Activities and Infrastructure Development

Thailand has transformed into one of the industrial powerhouses of Southeast Asia over the past few decades. Important industries include automobiles, electronics, petrochemicals, textiles, machinery, etc. Robust economic growth along with governmental initiatives inviting foreign investment have boosted industrialization. Expanding industrial estates and Special Economic Zones require extensive infrastructure development including adequate supply of utilities like water, power and drainage. Large capacity pumps are extensively used to draw water from rivers or underground aquifers and deliver them to factories, plant premises and township areas. Furthermore, industries have stringent quality parameters to meet for their various processes which necessitate treatment of feed water. This has augmented the demand for sophisticated pumps integrated with filtration and dosing systems.

On the other hand, critical infrastructure projects in sectors such as energy and transportation are continuously underway. Dams and hydropower stations installing pumps of immense horsepower to transport water and slurry. Substations at various pressure stages also depend on robust pumps. Major development of highways, high-speed rail network and expansion of seaports further drive the market.

For instance, in January 2024, Wilo SE, a leading Europe-based manufacturer of pumps and pump systems for the building technology, water and industrial sectors, merged with a technology firm to develop innovative solutions for wastewater treatment. This strategic merger aims to enhance Wilo SE's capabilities in delivering advanced wastewater management technologies, further strengthening its position in the water and industrial sectors. By integrating the new firm's expertise, Wilo SE seeks to improve the efficiency and sustainability of wastewater treatment processes, aligning with its commitment to providing intelligent and eco-friendly solutions for its customers worldwide.

In August 2023, KSB SE & Co. KGaA, a leading global manufacturer of pumps and valves, introduced a new range of advanced smart pumps equipped with Internet of Things (IoT) capabilities for improved monitoring. These innovative pumps are designed to provide real-time data on various performance metrics, enhancing operational efficiency and enabling proactive maintenance. By leveraging IoT technology, KSB aims to support users in optimizing their water management processes, ultimately contributing to more sustainable and efficient industrial operations. This launch reflects KSB's commitment to integrating cutting-edge technology into its product offerings, aligning with the growing demand for smart solutions in the pumping industry.
In April 2023, EBARA CORPORATION, a leading global manufacturer of pumps, compressors, and turbines, acquired a regional pump manufacturer to strengthen its market presence. This strategic acquisition aligns with EBARA's medium-term management plan "E-Plan 2025," which aims to develop new markets on a global scale by adding high value-added products. By integrating the acquired company's expertise and customer base, EBARA seeks to expand its presence in the water pump market and provide innovative solutions to a wider range of customers worldwide.
In September 2022, Pentair plc, a global leader in water treatment and sustainable solutions, expanded its manufacturing facility in Thailand to enhance production capacity. This expansion is aimed at meeting the increasing demand for innovative water solutions in the region. By increasing its manufacturing capabilities, Pentair seeks to improve its operational efficiency and better serve its customers with advanced products, reinforcing its commitment to sustainability and water conservation efforts worldwide.
In June 2022, Xylem Inc., a leading global water technology company committed to solving water challenges, partnered with local authorities in Thailand to improve water supply systems. This collaboration aims to enhance access to clean and reliable water for communities in the region by leveraging Xylem Inc.'s expertise in water infrastructure solutions. By working closely with Thai authorities, Xylem Inc. seeks to support sustainable water management practices and contribute to the United Nations Sustainable Development Goal 6: Clean Water and Sanitation.

*Definition: The Thailand water pump market refers to the market for water pumps sold and installed in Thailand. It includes pumps used for various purposes like irrigation, drainage, municipal water distribution, and construction among others. The market caters to residential, commercial, industrial and agricultural sectors. The key players in the market supply different types of pumps like centrifugal pumps, monobloc pumps and submersible pumps manufactured using materials suitable for tropical climate conditions prevalent in Thailand.