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Industrial Pumps - Global Strategic Business Report

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    Report

  • 1000 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303419
The global market for Industrial Pumps is estimated at US$62.8 Billion in 2023 and is projected to reach US$89.6 Billion by 2030, growing at a CAGR of 5.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Centrifugal Pumps segment, which is expected to reach US$59.5 Billion by 2030 with a CAGR of a 5.1%. The Positive Displacement Pumps segment is also set to grow at 5.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $11.3 Billion in 2023, and China, forecasted to grow at an impressive 7.1% CAGR to reach $23.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Industrial Pumps Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Pumps Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Industrial Pumps Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Baker Hughes Company, Danfoss AS, Dover Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 302 Featured):

  • Baker Hughes Company
  • Danfoss AS
  • Dover Corporation
  • EBARA Corporation
  • Flowserve Corporation
  • General Electric Company
  • Grundfos Holding AS
  • ITT Inc.
  • KSB SE & Co. KGaA
  • Ruhrpumpen Group
  • Schlumberger Ltd, doing business as SLB
  • SPP Pumps Inc.
  • SPX Flow Corporation
  • Sulzer Ltd.
  • The Weir Group plc
  • Wilo Mather & Platt Pumps Pvt. Ltd
  • Xylem Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • A Prelude to Industrial Pumps
  • Different Types of Industrial Pumps
  • Applications of Industrial Pumps
  • End-uses of Industrial Pumps
  • Global Economic Update
  • Global Oil Prices Remain Nervous Amid Acute Geopolitical Uncertainty & Tensions that Heighten Threat of Market Shocks: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2025
  • Flat Growth for 2024 & A Possible Soft Landing, as the Global Economy Attempts to Balance Recovery While Navigating Through Wars, Political Conflicts & Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2022 Through 2025
  • Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Competitive Landscape
  • Industrial Pumps - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Market Prospects and Outlook
  • Global Industrial Pumps Market Set for a Rapid Growth
  • Growth Drivers
  • Market Deterrents
  • Centrifugal Pumps to Remain Dominant Product Category as Demand Surges
  • Regional Analysis
  • Market Outlook
  • Recent Market Activity
  • INFLUENCER/PRODUCT/TECHNOLOGY INSIGHTS
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Growing Industry Focus on Water Reuse Amid Looming Water Crisis Benefits Demand for Industrial Pumps
  • Applications of Water Reuse
  • Select Stats Highlighting World Water Crisis and Need for Water Reuse
  • World Water Resources: Percentage Breakdown by Water Quality
  • Increasing Levels of Water Contamination Drive the Need for Industrial Pumps
  • Water & Wastewater Industry: Focus on Infrastructure Development Drives Demand
  • Growing Need for Innovative Technologies
  • Industrial Pump Applications Play a Vital Role in the Water and Wastewater Industry
  • Wastewater Treatment Gathers Stream with Technological Innovations
  • Emerging Technological Trends for Wastewater Treatment
  • Construction Industry is Nervously Optimistic about Outlook for 2024
  • The Crucial Role of Industrial Pumps in the Construction Industry
  • Annual Construction Spending in the US Manufacturing Industry (in US$ Billion) for Years 2018 through 2023
  • Thrust Towards Digitalization and Automation across Industries Augurs Well for Long-Term Growth
  • Global Industrial Automation Market (In US$ Billion) for the Years 2021, 2023, 2025 & 2027
  • Rise of Industry 4.0 & Smart Factory Mandates Technology Adjustments to Industrial Pumps Market
  • Global Industry 4.0 Market Size (in US$ Billion) for the Years 2021, 2024 and 2027
  • Industrial Pump Ride the Industry 4.0 Revolution to Become Smarter
  • Smart Factory Initiatives: Areas of Interest for US Manufacturers Ranked In Order of Preference
  • Digitalized Pumps to Drive the Industrial Pumps Market to Greater Heights
  • Heightened Demand for Smart Pumps
  • Select Leading Smart Pumps Available in the Market
  • Expansion in Oil & Gas Sector Augurs Well for Market Growth
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2024
  • Global Oil Production: Percentage Share Breakdown of Volume Production by Country (2024)
  • Global Oil Production: Percentage Breakdown of Production Volume by Onshore, Offshore, and Offshore Deepwater Activity for the Years 2011, 2015, 2021, & 2025
  • Trends & Drivers Influencing the Global Oil & Gas Industry in 2024
  • Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2025
  • Nuclear Power Generation in TWh by Region (2023 & 2026)
  • Growing Relevance of Industrial Pumps in Power Industry
  • Rising Share of Renewable in Energy Mix
  • Nuclear Power to Thrive Ahead
  • Global Clean Energy Investments (In US$ Billion) for Years 2017, 2019, 2021, 2023, & 2025
  • Global Wind Power Generation (in TWh) for 2015-2024
  • Increased Demand in Chemicals Industry Bodes Well for Market Growth
  • Urban Sprawl Extends Broad-based Opportunities
  • World Urban Population in Thousands: 1950-2050
  • Smart City, the New Urban Infrastructure Concept, to Fuel Fresh Wave of Growth
  • Global Market for Smart City Technologies in US$ Million for the Years 2020 and 2027
  • Speed Flow Controllers to Change the Game for Industrial Pumps
  • Innovated Compact Pumps to Make their Way
  • Select Innovations in the Industrial Pumps Industry to Drive Market Expansion
  • Select Recent Innovations
  • Embracing Technological Advancements in the Industrial Pump Market
  • Switch from Gas Pumps to Electric - A Significant Trend
  • Extremely Precise Flow Control Pumps to Foray into the Market
  • On-Demand “Smart Pump” Applications
  • Waste Reduction and Sustainability
  • Chemical Compatibility
  • Compact Pump Footprint
  • Robust Growth in the High-Pressure Pump Market
  • Industrial Pumps Maximize Efficiency and Safety in the Food Industry
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Industrial Pumps Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Industrial Pumps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Industrial Pumps by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Industrial Pumps by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Centrifugal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Centrifugal by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Centrifugal by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Positive Displacement by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Positive Displacement by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Positive Displacement by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Water & Wastewater by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Water & Wastewater by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Water & Wastewater by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Power Generation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Power Generation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Power Generation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Market Facts & Figures
  • US Industrial Pumps Market Share (in %) by Company: 2023 & 2030
  • Centrifugal (Type) Market Share Analysis (in %) of Leading Players in the US for 2023 & 2030
  • Positive Displacement (Type) Competitor Revenue Share (in %) in the US: 2023 & 2030
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Analytics
CANADA
JAPAN
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Market Facts & Figures
  • European Industrial Pumps Market: Competitor Market Share Scenario (in %) for 2023 & 2030
  • Centrifugal (Type) Market Share (in %) by Company in Europe: 2023 & 2030
  • Positive Displacement (Type) Market Share (in %) of Major Players in Europe: 2023 & 2030
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Analytics
FRANCE
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Industrial Pumps Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Baker Hughes Company
  • Danfoss AS
  • Dover Corporation
  • EBARA Corporation
  • Flowserve Corporation
  • General Electric Company
  • Grundfos Holding AS
  • ITT Inc.
  • KSB SE & Co. KGaA
  • Ruhrpumpen Group
  • Schlumberger Ltd, doing business as SLB
  • SPP Pumps Inc.
  • SPX Flow Corporation
  • Sulzer Ltd.
  • The Weir Group plc
  • Wilo Mather & Platt Pumps Pvt. Ltd
  • Xylem Inc.

Table Information