Domestic Booster Pumps Market Share

Geographically, the domestic booster pumps market is segmented into five major region including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is predicted to dominate majority revenue share by 2036, due to continuous growth in population and constant development in rural areas. Further, improvements in power generation and water infrastructure in the region is generating huge demand for domestic booster pumps. Additionally, economic growth in emerging economies in the region along with the increasing government funding for industrialization is fostering the growth of the market. The North America region is anticipated to foresee significant growth in the market on the back of rising urbanization, construction projects and increasing demand for domestic booster pumps.