Insider Market Research

Home
Report

Report

Global Pumps Market Trends Analysis & Forecast 2019-2028

The global pumps market is estimated to grow a moderate rate of around 3.5% over the forecast period. The market growth is attributed to the increasing adoption of pumps across end-users for a range of applications. In addition, rising public and private expenditure in the modern water infrastructure sector further gives a boost to the growth of the global pumps market. Countries are building state-of-the-art flood control systems in flood-prone areas which are also expected to surge the demand for pumps. Moreover, the increasing use of pumps in industrial applications such as chemical and pharmaceutical is another major factor positively impacting the market growth. Surging construction activities and rapid industrialization in developing economies have boosted the growth indicators across mining, oil & gas industry, and water infrastructure that are other factors for the market growth.
Market Segmentation 
The global pumps market has been analyzed on the basis of type, installation, end-user, and region. Based on the type, the market is segmented into centrifugal pump and positive displacement pump. The centrifugal pump segment is dominating the global pumps market in 2022 and is further expected to maintain its dominating position over the forecast period. Based on installation, the market is bifurcated stationary and portable. Based on end-user, the market covers the analysis of oil & gas, chemical & petrochemical, water & wastewater, power generation, and others. The demand for pumps in water & wastewater applications is expected to grow at a significant rate during the forecast period. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa. 
Market Structure and Competition Landscape 
The growth of the global pumps market is characterized by the presence of players operating in the market. Some of the players operating in the market include Flowserve Corp., Grundfos Holding AS, KSB SE & Co. KGaA, ITT Inc., Sulzer Ltd., Ebara Corp., Weir Group PLC, Schlumberger Ltd., Baker Hughes Company, Clyde Union Inc., Dover Corp., Kirloskar Brothers Ltd., Ingersoll Rand, Inc. and Atlas Copco, among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.  Some of the key developments in the global pump market include,
?	In February 2020, Ingersoll-Rand announced the spin-off of its industrial segment and combine it with Gardner Denver Holdings Inc. 
?	In May 2019, Ingersoll-Rand acquired the Precision Flow System, one of the prominent providers of fluid management systems consisting of brands like Milton Roy, LMI, Haskel, BuTech, Dosatron, YZ Systems, Williams, and Hartell. This acquisition enabled Ingersoll-Rand to reinforce its revenue stream by expanding its brand portfolio.

Global Pumps Market Analysis and Forecast 2019-2028

Table of Contents

1.	Market Introduction
1.1.	Scope of Study 
1.2.	Problem Statement
1.3.	Market Segmentation
2.	Assumptions and Acronyms
3.	Executive Summary 
3.1.	Global Market in 2022
3.2.	Analyst Insights & Recommendations	
3.3.	Growth Opportunities and Key Strategies
3.4.	Supply-side and Demand-side Trends  
4.	Research Methodology 
5.	Analysis of COVID-19 Impact and Road Ahead
6.	Market Indicators and Background 
6.1.	Macro-Economic Factors
6.2.	Forecasting Factors
Robust assessment of various factors including industrial performance, consumption patterns, economic conditions, disposable income, pumps? prices, among others 
6.3.	Supply Chain & Value Chain Analysis
6.4.	Industry SWOT Analysis
6.5.	PESTLE Analysis 
6.6.	Porter?s Five Forces Analysis 
7.	Global Pumps Trade Analysis
7.1.	EXIM Analysis by Type
7.2.	EXIM Analysis by Top Countries
8.	Global and Regional Market Dynamics 
8.1.	Drivers
8.2.	Restraints
8.3.	Trends
8.4.	Opportunities
9.	Pricing Analysis
9.1.	Product Price by Type
9.2.	Product Price by Region
10.	Segmental Analysis
10.1.	Global Pumps Market by Type
10.1.1.	 Segment Overview
10.1.1.1.	Centrifugal Pump
10.1.1.1.1.	Axial & Mixed Flow
10.1.1.1.2.	Single-Stage
10.1.1.1.3.	Multi-Stage
10.1.1.1.4.	Others (Seal Less and Circular, Submersible)
10.1.1.2.	Positive Displacement Pump
10.1.1.2.1.	Reciprocating
10.1.1.2.1.1.	Piston
10.1.1.2.1.2.	Diaphragm
10.1.1.2.2.	Rotary
10.1.1.2.2.1.	Artificial Lift
10.1.1.2.2.2.	Screw and Progressive Cavity
10.1.1.2.2.3.	Gear
10.1.1.2.2.4.	Vane
10.1.1.2.2.5.	Lobe
10.1.1.2.2.6.	Others (Peristatic)
10.2.	Global Pumps Market by Installation
10.2.1.	 Segment Overview
10.2.1.1.	Stationary
10.2.1.2.	Portable
10.3.	Global Pumps Market by End-User
10.3.1.	 Segment Overview
10.3.1.1.	Residential
10.3.1.2.	Commercial
10.3.1.3.	Industrial
10.3.1.3.1.	Oil and Gas
10.3.1.3.2.	Chemical and Petrochemical
10.3.1.3.3.	Water and Wastewater
10.3.1.3.4.	Power Generation
10.3.1.3.5.	Others (Mining, Agriculture, Equipment)
10.4.	Global Pumps Market by Region
10.4.1.	North America
10.4.2.	Latin America
10.4.3.	Western Europe 
10.4.4.	Eastern Europe 
10.4.5.	Asia Pacific
10.4.6.	Middle East & Africa
11.	Regional Analysis
11.1.	North America Pumps Market Analysis and Forecast 2019-2028
11.1.1.	Regional Market Overview and Key Takeaways 
11.1.2.	North America Pumps Market by Type
11.1.3.	North America Pumps Market by Installation
11.1.4.	North America Pumps Market by End User
11.1.5.	North America Pumps Market by Country
11.1.5.1.	US
11.1.5.2.	Canada
11.2.	Latin America Pumps Market Analysis and Forecast 2019-2028
11.2.1.	Regional Market Overview and Key Takeaways 
11.2.2.	Latin America Pumps Market by Type
11.2.3.	Latin America Pumps Market by Installation
11.2.4.	Latin America Pumps Market by End User
11.2.5.	Latin America Pumps Market by Country
11.2.5.1.	Brazil
11.2.5.2.	Mexico
11.2.5.3.	Rest of Latin America
11.3.	Western Europe Pumps Market Analysis and Forecast 2019-2028
11.3.1.	Regional Market Overview and Key Takeaways 
11.3.2.	Western Europe Pumps Market by Type
11.3.3.	Western Europe Pumps Market by Installation
11.3.4.	Western Europe Pumps Market by End User
11.3.5.	Western Europe Pumps Market by Country 
11.3.5.1.	Germany
11.3.5.2.	UK
11.3.5.3.	France 
11.3.5.4.	Spain
11.3.5.5.	Italy
11.3.5.6.	Benelux
11.3.5.7.	Nordic 
11.3.5.8.	Rest of Western Europe
11.4.	Eastern Europe Pumps Market Analysis and Forecast 2019-2028
11.4.1.	Regional Market Overview and Key Takeaways 
11.4.2.	Eastern Europe Pumps Market by Type
11.4.3.	Eastern Europe Pumps Market by Installation
11.4.4.	Eastern Europe Pumps Market by End User
11.4.5.	Eastern Europe Pumps Market by Country 
11.4.5.1.	Russia
11.4.5.2.	Poland
11.4.5.3.	Rest of Eastern Europe
11.5.	Asia Pacific Pumps Market Analysis and Forecast 2019-2028
11.5.1.	Regional Market Overview and Key Takeaways 
11.5.2.	Asia Pacific Pumps Market by Type
11.5.3.	Asia Pacific Pumps Market by Installation
11.5.4.	Asia Pacific Pumps Market by End User
11.5.5.	Asia Pacific Pumps Market by Country
11.5.5.1.	China
11.5.5.2.	Japan
11.5.5.3.	India
11.5.5.4.	South Korea
11.5.5.5.	Australia
11.5.5.6.	ASEAN 
11.5.5.7.	Rest of Asia-Pacific
11.6.	Middle East & Africa Pumps Market Analysis and Forecast 2019-2028 
11.6.1.	Regional Market Overview and Key Takeaways 
11.6.2.	Middle East & Africa Pumps Market by Type
11.6.3.	Middle East & Africa Pumps Market by Installation
11.6.4.	Middle East & Africa Pumps Market by End User
11.6.5.	Middle East & Africa Pumps Market by Country  
11.6.5.1.	GCC
11.6.5.2.	South Africa
11.6.5.3.	Turkey 
11.6.5.4.	Rest of the Middle East & Africa
12.	Competitive Landscape
12.1.	Competition Dashboard 
12.1.1.	Global and Regional Market Share Analysis 
12.1.2.	Market Structure 
12.2.	Competitive Benchmarking
12.3.	Key Strategy Analysis
12.4.	Company Profiles 
12.4.1.	Flowserve Corp.
12.4.1.1.	Company Overview
12.4.1.2.	Product/Service Offerings
12.4.1.3.	Key Financials
12.4.1.4.	Recent Developments
12.4.2.	Grundfos Holding AS
12.4.2.1.	Company Overview
12.4.2.2.	Product/Service Offerings
12.4.2.3.	Financials
12.4.2.4.	Recent Developments
12.4.3.	KSB SE & Co. KGaA
12.4.3.1.	Company Overview
12.4.3.2.	Product/Service Offerings
12.4.3.3.	Financials
12.4.3.4.	Recent Developments
12.4.4.	ITT Inc.
12.4.4.1.	Company Overview
12.4.4.2.	Product/Service Offerings
12.4.4.3.	Financials
12.4.4.4.	Recent Developments
12.4.5.	Sulzer Ltd.
12.4.5.1.	Company Overview
12.4.5.2.	Product/Service Offerings
12.4.5.3.	Financials
12.4.5.4.	Recent Developments
12.4.6.	Ebara Corp.
12.4.6.1.	Company Overview
12.4.6.2.	Product/Service Offerings
12.4.6.3.	Financials
12.4.6.4.	Recent Developments
12.4.7.	Weir Group PLC
12.4.7.1.	Company Overview
12.4.7.2.	Product/Service Offerings
12.4.7.3.	Financials
12.4.7.4.	Recent Developments
12.4.8.	Schlumberger Ltd.
12.4.8.1.	Company Overview
12.4.8.2.	Product/Service Offerings
12.4.8.3.	Financials
12.4.8.4.	Recent Developments
12.4.9.	Baker Hughes Company 
12.4.9.1.	Company Overview
12.4.9.2.	Product/Service Offerings
12.4.9.3.	Financials
12.4.9.4.	Recent Developments
12.4.10.	Clyde Union Inc.
12.4.10.1.	Company Overview
12.4.10.2.	Product/Service Offerings
12.4.10.3.	Financials
12.4.10.4.	Recent Developments
12.4.11.	Dover Corp.
12.4.11.1.	Company Overview
12.4.11.2.	Product/Service Offerings
12.4.11.3.	Financials
12.4.11.4.	Recent Developments
12.4.12.	Kirloskar Brothers Ltd.
12.4.12.1.	Company Overview
12.4.12.2.	Product/Service Offerings
12.4.12.3.	Financials
12.4.12.4.	Recent Developments
12.4.13.	Atlas Copco
12.4.13.1.	Company Overview
12.4.13.2.	Product/Service Offerings
12.4.13.3.	Financials
12.4.13.4.	Recent Developments
12.4.14.	Ingersoll Rand, Inc.
12.4.14.1.	Company Overview
12.4.14.2.	Product/Service Offerings
12.4.14.3.	Financials
12.4.14.4.	Recent Developments
13.	Disclaimer

List of Figures 
Figure 01: Global Pumps Market Volume (?000 units), 2019-2021
Figure 02: Global Pumps Market Volume (?000 units) & Y-o-Y Growth (%) Analysis, 2022?2028
Figure 03: Pumps, Pricing Analysis per unit (US$), in 2022
Figure 04: Pumps, Pricing Forecast per unit (US$), in 2028
Figure 05: Global Pumps Market Value Analysis (US$ Mn), 2019-2021
Figure 06: Global Pumps Market Size (US$ Mn) & Y-o-Y Growth (%) Analysis, 2022?2028
Figure 07: Global Pumps Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 08: Global Pumps Market Y-o-Y Analysis (%) by Type, 2022-2028
Figure 09: Global Pumps Market Size and Market Share Analysis (%) by Installation, 2022 & 2028
Figure 10: Global Pumps Market Y-o-Y Analysis (%) by Installation, 2022-2028
Figure 11: Global Pumps Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 12: Global Pumps Market Y-o-Y Analysis (%) by End-User, 2022-2028
Figure 13: Global Pumps Market Size and Market Share Analysis (%) by Region, 2022 & 2028
Figure 14: Global Pumps Market Y-o-Y Growth (%) by Region, 2022?2028
Figure 15: North America Pumps Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 16: North America Pumps Market Size and Market Share Analysis (%) by Installation, 2022 & 2028
Figure 17: North America Pumps Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 18: North America Pumps Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 19: Latin America Pumps Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 20: Latin America Pumps Market Size and Market Share Analysis (%) by Installation, 2022 & 2028
Figure 21: Latin America Pumps Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 22: Latin America Pumps Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 23: Western Europe Pumps Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 24: Western Europe Pumps Market Size and Market Share Analysis (%) by Installation, 2022 & 2028
Figure 25: Western Europe Pumps Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 26: Western Europe Pumps Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 27: Eastern Europe Pumps Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 28: Eastern Europe Pumps Market Size and Market Share Analysis (%) by Installation, 2022 & 2028
Figure 29: Eastern Europe Pumps Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 30: Eastern Europe Pumps Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 31: Asia Pacific Pumps Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 32: Asia Pacific Pumps Market Size and Market Share Analysis (%) by Installation, 2022 & 2028
Figure 33: Asia Pacific Pumps Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 34: Asia Pacific Pumps Market Size and Market Share Analysis (%) by Country, 2022 & 2028
Figure 35: Middle East & Africa Pumps Market Size and Market Share Analysis (%) by Type, 2022 & 2028
Figure 36: Middle East & Africa Pumps Market Size and Market Share Analysis (%) by Installation, 2022 & 2028
Figure 37: Middle East & Africa Pumps Market Size and Market Share Analysis (%) by End-User, 2022 & 2028
Figure 38: Middle East & Africa Pumps Market Size and Market Share Analysis (%) by Country, 2022 & 2028
List of Tables 
Table 1: Global Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 2: Global Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Type
Table 3: Global Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Installation
Table 4: Global Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Installation
Table 5: Global Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 6: Global Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by End-User
Table 7: Global Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Region
Table 8: Global Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Region
Table 9: North America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 10: North America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Type
Table 11: North America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Installation
Table 12: North America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Installation
Table 13: North America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 14: North America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by End-User
Table 15: North America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 16: North America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Country
Table 17: Latin America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 18: Latin America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Type
Table 19: Latin America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Installation
Table 20: Latin America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Installation
Table 21: Latin America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 22: Latin America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by End-User
Table 23: Latin America Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 24: Latin America Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Country
Table 25: Western Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 26: Western Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Type
Table 27: Western Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Installation
Table 28: Western Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Installation
Table 29: Western Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 30: Western Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by End-User
Table 31: Western Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 32: Western Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Country
Table 33: Eastern Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 34: Eastern Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Type
Table 35: Eastern Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Installation
Table 36: Eastern Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Installation
Table 37: Eastern Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 38: Eastern Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by End-User
Table 39: Eastern Europe Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 40: Eastern Europe Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Country
Table 41: Asia Pacific Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 42: Asia Pacific Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Type
Table 43: Asia Pacific Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Installation
Table 44: Asia Pacific Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Installation
Table 45: Asia Pacific Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 46: Asia Pacific Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by End-User
Table 47: Asia Pacific Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 48: Asia Pacific Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Country
Table 49: Middle East & Africa Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Type
Table 50: Middle East & Africa Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Type
Table 51: Middle East & Africa Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Installation
Table 52: Middle East & Africa Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Installation
Table 53: Middle East & Africa Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by End-User
Table 54: Middle East & Africa Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by End-User
Table 55: Middle East & Africa Pumps Market Value (US$ Mn) Analysis and Forecast 2019-2028, by Country
Table 56: Middle East & Africa Pumps Market Volume (?000 units) Analysis and Forecast 2019-2028, by Country

The global pumps market is estimated to grow a moderate rate of around 3.5% over the forecast period. The market growth is attributed to the increasing adoption of pumps across end-users for a range of applications. In addition, rising public and private expenditure in the modern water infrastructure sector further gives a boost to the growth of the global pumps market. Countries are building state-of-the-art flood control systems in flood-prone areas which are also expected to surge the demand for pumps. Moreover, the increasing use of pumps in industrial applications such as chemical and pharmaceutical is another major factor positively impacting the market growth. Surging construction activities and rapid industrialization in developing economies have boosted the growth indicators across mining, oil & gas industry, and water infrastructure that are other factors for the market growth.
Market Segmentation 
The global pumps market has been analyzed on the basis of type, installation, end-user, and region. Based on the type, the market is segmented into centrifugal pump and positive displacement pump. The centrifugal pump segment is dominating the global pumps market in 2022 and is further expected to maintain its dominating position over the forecast period. Based on installation, the market is bifurcated stationary and portable. Based on end-user, the market covers the analysis of oil & gas, chemical & petrochemical, water & wastewater, power generation, and others. The demand for pumps in water & wastewater applications is expected to grow at a significant rate during the forecast period. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa. 
Market Structure and Competition Landscape 
The growth of the global pumps market is characterized by the presence of players operating in the market. Some of the players operating in the market include Flowserve Corp., Grundfos Holding AS, KSB SE & Co. KGaA, ITT Inc., Sulzer Ltd., Ebara Corp., Weir Group PLC, Schlumberger Ltd., Baker Hughes Company, Clyde Union Inc., Dover Corp., Kirloskar Brothers Ltd., Ingersoll Rand, Inc. and Atlas Copco, among others. These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.  Some of the key developments in the global pump market include,
?	In February 2020, Ingersoll-Rand announced the spin-off of its industrial segment and combine it with Gardner Denver Holdings Inc. 
?	In May 2019, Ingersoll-Rand acquired the Precision Flow System, one of the prominent providers of fluid management systems consisting of brands like Milton Roy, LMI, Haskel, BuTech, Dosatron, YZ Systems, Williams, and Hartell. This acquisition enabled Ingersoll-Rand to reinforce its revenue stream by expanding its brand portfolio.

Global Pumps Market Trends Analysis & Forecast 2019-2028

Request For Customization

Licence Types