Global Pumps Market Size Study, by Type (Positive Displacement, Dynamic), End-User (Oil & Gas, Water & Wastewater, Power Generation, Chemicals, Pharmaceutical, Food & Beverage, Others), and Regional Forecasts 2022-2032

Description

The Global Pumps Market is projected to grow from USD 57.66 billion in 2023 to USD 84.95 billion by 2032, registering a steady CAGR of 4.4% during the forecast period. Pumps, indispensable to industrial processes, have evolved significantly to meet the demands of modern industries. From water management systems to chemical processing, their utility spans diverse sectors, highlighting their integral role in operational efficiency and sustainability.

The demand for pumps is surging in response to burgeoning activities across end-user industries such as oil & gas, water & wastewater, and food & beverage. Positive displacement pumps, celebrated for their precision and reliability in handling viscous fluids, and dynamic pumps, known for their adaptability in high-flow applications, are propelling this market. Increasing urbanization, coupled with investments in water infrastructure, underscores the critical need for robust and efficient pumping systems.

Despite its expansive growth trajectory, the market faces challenges, including fluctuating raw material prices and the high initial costs of advanced pumping systems. However, technological advancements, such as smart pumps with real-time monitoring and predictive maintenance capabilities, are mitigating these barriers. Additionally, the shift towards sustainable and energy-efficient solutions aligns with global environmental goals, fostering long-term growth prospects.

Regionally, Asia Pacific dominates the pumps market, underpinned by rapid industrialization and infrastructure development in countries like China and India. North America and Europe also hold significant market shares due to technological advancements and stringent environmental regulations. Emerging economies in Latin America and the Middle East & Africa represent promising opportunities, driven by increasing investments in industrial projects and water management initiatives.

Major market players included in this report are:

Xylem Inc.
Sulzer Ltd.
Grundfos Holding A/S
Flowserve Corporation
ITT Inc.
KSB SE & Co. KGaA
Ebara Corporation
Weir Group PLC
Wilo SE
SPX Flow, Inc.
Pentair plc
Alfa Laval AB
Baker Hughes
Torishima Pump Mfg. Co., Ltd.
Armstrong Fluid Technology

The detailed segments and sub-segment of the market are explained below:

By Type:

Positive Displacement
Dynamic

By End-User:

Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Key Takeaways:

Market estimates & forecasts for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Pumps Market Executive Summary

1.1. Global Pumps Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By End-User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Pumps Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Pumps Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Demand in Oil & Gas Industry
- 3.1.2. Expansion of Water & Wastewater Infrastructure
- 3.1.3. Growth in Power Generation Sector
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices
- 3.2.2. High Initial Costs of Advanced Pumping Systems
3.3. Market Opportunities
- 3.3.1. Technological Advancements in Smart Pumps
- 3.3.2. Expansion into Emerging Markets
- 3.3.3. Development of Energy-Efficient Pumping Solutions

Chapter 4. Global Pumps Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Pumps Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Pumps Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Positive Displacement
- 5.2.2. Dynamic

Chapter 6. Global Pumps Market Size & Forecasts by End-User 2022-2032

6.1. Segment Dashboard
6.2. Global Pumps Market: End-User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Oil & Gas
- 6.2.2. Water & Wastewater
- 6.2.3. Power Generation
- 6.2.4. Chemicals
- 6.2.5. Pharmaceutical
- 6.2.6. Food & Beverage
- 6.2.7. Others

Chapter 7. Global Pumps Market Size & Forecasts by Region 2022-2032

7.1. North America Pumps Market
- 7.1.1. U.S. Pumps Market
  - 7.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. End-User Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Pumps Market
7.2. Europe Pumps Market
- 7.2.1. UK Pumps Market
- 7.2.2. Germany Pumps Market
- 7.2.3. France Pumps Market
- 7.2.4. Spain Pumps Market
- 7.2.5. Italy Pumps Market
- 7.2.6. Rest of Europe Pumps Market
7.3. Asia-Pacific Pumps Market
- 7.3.1. China Pumps Market
- 7.3.2. India Pumps Market
- 7.3.3. Japan Pumps Market
- 7.3.4. Australia Pumps Market
- 7.3.5. South Korea Pumps Market
- 7.3.6. Rest of Asia Pacific Pumps Market
7.4. Latin America Pumps Market
- 7.4.1. Brazil Pumps Market
- 7.4.2. Mexico Pumps Market
- 7.4.3. Rest of Latin America Pumps Market
7.5. Middle East & Africa Pumps Market
- 7.5.1. Saudi Arabia Pumps Market
- 7.5.2. South Africa Pumps Market
- 7.5.3. Rest of Middle East & Africa Pumps Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Xylem Inc.
- 8.1.2. Sulzer Ltd.
- 8.1.3. Grundfos Holding A/S
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Xylem Inc.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Flowserve Corporation
- 8.3.3. Grundfos Holding A/S
- 8.3.4. Sulzer Ltd.
- 8.3.5. ITT Inc.
- 8.3.6. KSB SE & Co. KGaA
- 8.3.7. Ebara Corporation
- 8.3.8. Weir Group PLC
- 8.3.9. Wilo SE
- 8.3.10. SPX Flow, Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes