At a time when the global market for pumps is booming and water is scarce in some parts of the world, what role will RUIQI play?

In recent years, the global water pump market has developed rapidly. In 2022, the market size of the global water pump industry reached 59.2 billion US dollars, a year-on-year increase of 5.84%. It is predicted that the global water pump industry market size will reach 66.5 billion US dollars by 2024. At present, there are nearly 10000 water pump manufacturers worldwide, with over 5000 product types. In 2022, China exported 3536.19 million pumps, with an export amount of 7453.541 million US dollars.


Our world is facing all kinds of problems now. From a global perspective, with the continuous rise of temperature, a variety of extreme weather occurs frequently, among which the most prominent is the problem of crop irrigation and drinking water difficulties caused by drought. These problems have plagued many developing countries in the Third world. In order to solve the problem of water shortage, in addition to protecting the environment and storing water, By using a water pump to transfer long-distance water transmission and deep well pumping are the most feasible and appropriate solutions to solve the current predicament. After years of development, Chinese water pump enterprises have gained the favor of foreign sellers with their high cost-effectiveness, Perfect after-sales service, differentiated products. Therefore, it has occupied a certain share in the world pump market, and according to predictions, China’s pump production will reach 4566.29 million units in 2023, a year-on-year increase of 18.56%.


As a member of China’s water pump enterprise, RUIQI also hopes that its products can help poor countries solve crop irrigation, drinking water and other problems. RUIQI hopes that more people can use water at will, make more people will no longer suffer from hunger due to crop irrigation problems,and make more people can drink clean water.
RUIQI has been working towards this goal.

Post time: May-24-2023