Future Ghana Domestic Water Pump Market: Key Dynamics, Size & Share Analysis
The Ghana Domestic Water Pump Market is expected to grow at a considerable CAGR during the forecast period, i.e., 2023-28. The market for domestic water pumps in Ghana is import-dependent, where most of the country’s imports are from India, the UAE, and China. In 2020, the Covid-19 pandemic severely impacted the industry, with supply chain disruptions & a halt in construction activities.
Top Market Challenges Impacting the Ghana Domestic Water Pump Market Growth
Growing Investments in Water & Wastewater Treatment Projects - High water scarcity levels in Ghana due to its extreme climate conditions have created the need for recycling wastewater for further use, like irrigation. The government is actively working on finding additional water resources and investing increasingly in the development of water & wastewater treatment plants in order to mitigate the water crisis, which is the prime aspect projected to drive the Ghana Domestic Water Pump Market during 2023-28.
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Understanding the Core Segments in the Ghana Domestic Water Pump Market
Ghana Domestic Water Pump Market Size, Share & Industry Trends Analysis- By Type (Submersible Pumps, Pressure Booster Pumps, Self-prime Regenerative Pumps, Others (End Suction, etc.)), By Operation (Electric, Hydraulic, Pneumatic, Manual), By Stage (Single Stage, Multistage), By Application (Ground water Intake, Wastewater Outlet, Water Pressure Boosting, Rain Water Harvesting, Hot Water Recirculation, Heating), By Company (HTC Waterpumps, Grundfos, Sulzer Pump, Xylem Inc., KSB SE & Co., Wilo SE, Others).
Who Dominates the Ghana Domestic Water Pump Market Insights on Key Industry Players?
Companies are strengthening their presence in the Ghana Domestic Water Pump market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- HTC Waterpumps
- Grundfos
- Sulzer Pump
- Xylem Inc.
- KSB SE & Co.
- Wilo SE
- Others.
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