Home > Industrial Machinery > Industrial Equipment > Pumps > Domestic Booster Pump Market
The global domestic booster pump market was valued at around USD 3.1 billion in 2023 and is estimated to grow at a CAGR of around 5.7% from 2024 to 2032. Domestic booster pumps are essential in ensuring a reliable water supply for new residential complexes. The increase in residential projects is boosting the domestic booster pump industry. According to the United Nations, 68% of the world population is expected to live in urban areas by 2050, showing the growing need for residential infrastructure. These projects, especially high-rise buildings where water pressure drops, need booster pumps to keep water pressure steady.
Additionally, government efforts to improve water infrastructure is further boosting the domestic booster pump market. Governments, especially in developing regions, are investing heavily in upgrading and expanding water supply systems to tackle issues like water scarcity, inconsistent pressure, and old infrastructure. These efforts often include funding for modern water management technologies, increasing the demand for booster pumps to ensure a steady water supply to homes. Programs to improve water access in rural areas and urban development projects also encourage the use of domestic booster pumps to enhance water pressure and distribution efficiency.
Report Attribute | Details |
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Base Year: | 2023 |
Domestic Booster Pump Market Size in 2023: | USD 3.1 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.7% |
2032 Value Projection: | USD 5.1 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 321 |
Segments covered: | Product Type, Pressure Range, End Use, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Domestic booster pumps face significant challenges, including high energy consumption and disruptive noise vibrations. These pumps require significant power for optimal performance, leading to increased electricity bills for homeowners. Elevated energy usage not only increases costs but also raises environmental concerns. The noise generated by these pumps is particularly concerned in quiet residential areas. Addressing these challenges necessitates the adoption of energy-efficient models that reduce both noise and vibrations, thereby enhancing user satisfaction and promoting sustainability.