PUBLISHER: Grand View Research | PRODUCT CODE: 1404969
PUBLISHER: Grand View Research | PRODUCT CODE: 1404969
Rotary Pumps Market Size, Share & Trends Analysis Report By Type (Screw Pump, Gear Pump), By End-use (Chemical, Oil & Gas, Power Generation, Agriculture), By Region (Asia Pacific, Europe), And Segment Forecasts, 2024 - 2030
Rotary Pumps Market Growth & Trends:
The global rotary pumps market size is anticipated to reach USD 14.9 billion by 2030, registering a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand for fluid handling across diverse industries like oil & gas, chemicals, and wastewater treatment has emerged as the primary driving force behind the market growth. Rotary pumps are gaining prominence due to their versatility in managing a wide range of fluids with varying viscosities, making them a preferred choice. The market is significantly shaped by the expansion of end-use industries, such as oil & gas, food processing, and chemical processing industries.
In addition, for oil & gas and food processing industries, it is essential to control the process variables, such as discharge rate & pressure of the fluid. This kind of process control can be easily done with the help of rotary pumps, as they are known for their reliability, versatility, and ability to handle a wide range of fluids. In the oil & gas industry, the American Petroleum Institute (API) has set up standards for various equipment for their use in different industries, including pumps. API Standard 676 covers standards and guidelines for positive displacement rotary pumps. Furthermore, the Hydraulic Institute provides standards related to rotary pumps in the pump industry. It covers standards regarding pump design, testing, installation, and operation.
The market is highly competitive, with a majority of players continuously increasing their R&D expenditure. Key players also undertake other strategies including production expansion, mergers & acquisitions, and new product launches. A few established players benefited from a higher scale of production in terms of cost advantage. Manufacturers have been exploring opportunities to develop IoT-based digitalized pumps to control flow rates efficiently. They are designing new energy-efficient products to meet the growing demand for carbon-efficient products. Mature market players are using variable speed drives (VSDs) to further penetrate the market.
Rotary Pumps Market Report Highlights:
- The gear pump segment accounted for the largest share of 34.3% in 2023 owing to the characteristics of the pump that involve meshing of gears to generate pressure difference so that transfer of fluids can be done from one point to another
- The oil & gas segment accounted for the largest revenue share of 27.3% in 2023 as rotary pumps are effectively used in the oil & gas industry for tasks, such as moving crude oil from wellheads to storage tanks, facilitating transfers between storage tanks, and handling the loading & unloading processes involving tankers and pipelines
- Asia Pacific accounted for the largest share of 40.4% in 2023 due to growth in the agriculture and chemical & food processing industries. Furthermore, increased government expenditure in the water treatment and construction sector is expected to drive market growth
- Middle East & Africa accounted for the second-largest CAGR of 5.1% from 2024 to 2030 owing to the rising oil production in the well-developed oil & gas industry
- Atlas Copco AB expanded its product mix for rotary pumps by introducing new dry rotary vane vacuum pumps under its DVS Series in May 2023. This new product has product attributes, such as oil-free, low noise creation, and non-contamination of process, and is likely to reinforce the company's position in the rotary vane pump segment
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Market Segmentation & Scope
- 1.3. Research Scope & Assumption
- 1.4. Information Procurement
- 1.4.1. Purchased database
- 1.4.2. GVR's internal database
- 1.4.3. Secondary sources & third-party perspectives
- 1.4.4. Primary research
- 1.5. Information Analysis
- 1.5.1. Data analysis models
- 1.6. Market Formulation & Data Visualization
- 1.7. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Rotary Pumps Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Vendor Matrix
- 3.5. Regulatory Framework
- 3.6. Rotary Pumps Market - Market dynamics
- 3.6.1. Market driver analysis
- 3.6.2. Market restraint analysis
- 3.6.3. Market opportunity analysis
- 3.6.4. Market challenges analysis
- 3.7. Industry Analysis Tools: Rotary Pumps Market
- 3.7.1. Porter's analysis
- 3.7.2. Macroeconomic analysis
- 3.8. Economic Mega-Trend Analysis
Chapter 4. Rotary Pumps Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.1.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.2. Gear Pump
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3. Screw Pump
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4. Vane Pump
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.5. Lobe Pump
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.6. Others
- 4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Rotary Pumps Market: End-use Estimates & Trend Analysis
- 5.1. End-use Movement Analysis & Market Share, 2023 & 2030
- 5.1.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.2. Agriculture
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.3. Construction & Building Services
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.4. Water & Wastewater
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.5. Power Generation
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.6. Oil & Gas
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.7. Chemical
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.8. Others
- 5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Rotary Pumps Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. U.S.
- 6.2.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.2.3. Canada
- 6.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.2.4. Mexico
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. Germany
- 6.3.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3.3. UK
- 6.3.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3.4. France
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3.5. Italy
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. China
- 6.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Japan
- 6.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. India
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4.5. Australia
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.5. Central & South America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.5.2. Brazil
- 6.5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.5.3. Argentina
- 6.5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.6.2. UAE
- 6.6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.6.3. Saudi Arabia
- 6.6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Rotary Pumps Market - Competitive Analysis
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Key Company/Competition Categorization
- 7.3. Participant's Overview
- 7.4. Financial Overview
- 7.5. Product Benchmarking
- 7.6. Company Market Positioning
- 7.7. Competitive Dashboard Analysis
- 7.8. Company Market Share Analysis, 2023
- 7.9. Company Heat Map Analysis
- 7.10. Strategy Mapping
- 7.10.1. Expansions
- 7.10.2. Mergers & acquisitions
- 7.10.3. Partnerships/collaborations
- 7.10.4. Product launches
Chapter 8. Company Profile
- 8.1. Atlas Copco AB
- 8.2. Dover Corporation
- 8.3. Xylem Inc.
- 8.4. Colfax Corporation
- 8.5. IDEX Corporation
- 8.6. Flowverse Corporation
- 8.7. KSB SE & Co. KGaA
- 8.8. HMS Group
- 8.9. Pentair Ltd.
- 8.10. SPX Flow
- 8.11. Alfa Laval
- 8.12. Gardner Denver Inc.
- 8.13. ITT INC.
- 8.14. Roper Technologies Inc.
- 8.15. Schlumberger Ltd.
List of Tables
- Table 1 Rotary Pumps Market estimates and forecasts, by type, 2018 - 2030 (USD Billion)
- Table 2 Rotary Pumps Market estimates and forecasts, by end-Use, 2018 - 2030 (USD Billion)
- Table 3 Rotary Pumps Market estimates and forecasts, by region, 2018 - 2030 (USD Billion)
- Table 4 Recent developments & impact analysis, by key market participants
- Table 5 U.S. macroeconomic outlook
- Table 6 Canada macroeconomic outlook
- Table 7 Mexico macroeconomic outlook
- Table 8 Germany macroeconomic outlook
- Table 9 UK macroeconomic outlook
- Table 10 France macroeconomic outlook
- Table 11 Italy macroeconomic outlook
- Table 12 China macroeconomic outlook
- Table 13 India macroeconomic outlook
- Table 14 Japan macroeconomic outlook
- Table 15 Australia macroeconomic outlook
- Table 16 Brazil macroeconomic outlook
- Table 17 Argentina macroeconomic outlook
- Table 18 UAE macroeconomic outlook
- Table 19 Saudi Arabia macroeconomic outlook
- Table 20 Company market share, 2023
- Table 21 Company heat map analysis, 2023
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-Up Approach
- Fig. 5 Market Research Approaches - Top Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Market Outlook
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Insights
- Fig. 10 Market Segmentation & Scope
- Fig. 11 Penetration and Growth Prospect Mapping
- Fig. 12 Industry Value Chain Analysis
- Fig. 13 Market Driver Analysis
- Fig. 14 Market Restraint Analysis
- Fig. 15 Rotary Pumps Market: Type Movement Analysis, 2023 & 2030
- Fig. 16 Rotary Pumps Market: End-Use Movement Analysis, 2023 & 2030
- Fig. 17 Rotary Pumps Market: Regional Movement Analysis, 2023 & 2030
- Fig. 18 Key Company/Competition Categorization
- Fig. 19 Competitive Dashboard Analysis
- Fig. 20 Market Position Analysis
