Industrial Pumps Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Industrial Pumps Market: By Product (Centrifugal Pumps, Positive Displacement Pump, Others), By Application ( Oil & Gas, Chemicals, Construction, Power, Water & Wastewater, Others) and Geography

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Report

Description

The Industrial Pumps Market is valued at USD 65.1 billion in 2021 and is expected to reach a value of USD 90.2 billion by 2028, growing at a CAGR of 5.6% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Industrial Pumps market, which has been segmented into a by-product, and applications. By product, the industrial pumps market has been segmented into Centrifugal Pumps, Positive Displacement Pump, and Others. The Centrifugal Pumps segment is likely the most significant and fastest-growing segment in various product types. Based on Application, the industrial pumps are segmented into Oil & Gas, Chemicals, Construction, Power, Water & Wastewater, and Others. According to precision business insights, the Water & Wastewater segment is predicted to register the fastest growth rate during the forecast period.

Key development:

In May 2020, Wilo expanded its presence by establishing a new headquarters and production facility in Cedarburg, Wisconsin, US. The new headquarters will bring the combined operations of Wilo USA, Weil Pump, Scot Pump, and Wilo Machine Co. to a single production site.

Industrial Pumps Market

MARKET SUMMARY
-
5.6%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 5.6%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

Industrial Pumps Market

  • The Industrial Pumps Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The Industrial Pumps Market is segmented based on Product, Application and geography.
Key Players
  • Grundfos Pump Corp.
  • Xylem, Inc.
  • Ingersoll-Rand PLC
  • Flowserve Corp.
  • KSB SE & Co. KGaA
Industrial Pumps Market Drivers

The increased use of industrial pumps in various industries, such as water and wastewater, chemical, oil and gas, and power generation, will likely boost market expansion.


Asia-Pacific Got Significant Share

Industrial Pumps Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Industrial Pumps Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Industrial Pumps Market is projected to expand at a CAGR of 5.6% during the forecast period

The primary global industrial pumps market players are Xylem, Ingersoll-Rand, Flowserve Corporation, SPX Flow, KSB SE &Co. KGaA, Sulzer Ltd., Pentair, Iwaki Co. Ltd., ITT, INC., Schlumberger Limited, EBARA International Corporation, and The Weir Group PLC.

Asia-Pacific is the fastest-growing region for Industrial Pumps Market


Report

Table Of Content

1. Executive Summary
2. Industrial Pumps Market Introduction
2.1. Global Industrial Pumps Market – Taxonomy
2.2. Global Industrial Pumps Market –Definitions
2.2.1. By Product
2.2.2. By Application
2.2.3. By Region
3. Global Industrial Pumps Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Industrial Pumps Market Dynamic Factors – Impact Analysis
3.6. Global Industrial Pumps Market – Competition Landscape
4. Global Industrial Pumps Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Industrial Pumps Market, By Product, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Centrifugal Pumps
5.1.1. Axial Flow Pump
5.1.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. Radial Flow Pump
5.1.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.1.3. Mixed Flow Pump
5.1.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3.3. Market Opportunity Analysis
5.2. Positive Displacement Pump
5.2.1. Resiprocating
5.2.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.1.3. Market Opportunity Analysis
5.2.2. Rotary
5.2.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.2.3. Market Opportunity Analysis
5.2.3. Others
5.2.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3.3. Market Opportunity Analysis
5.3. Others
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Industrial Pumps Market, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
6.1. Oil & Gas
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Chemicals
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Construction
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Power
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Water & Wastewater
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global Industrial Pumps Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Industrial Pumps Market – Opportunity Analysis Index, By Product, By Application and Region, 2022 – 2028
8. North America Industrial Pumps Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Centrifugal Pump
8.1.1.1. Axial Flow Pump
8.1.1.2. Radial Flow Pump
8.1.1.3. Mixed Flow Pump
8.1.2. Positive Dispalcement Pump
8.1.2.1. Reciprocating
8.1.2.2. Rotary
8.1.2.3. Others
8.1.3. Others
8.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Oil & Gas
8.2.2. Chemicals
8.2.3. Construction
8.2.4. Power
8.2.5. Water & Wastewater
8.2.6. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Industrial Pumps Market – Opportunity Analysis Index, By Product, By Application and Country, 2022 – 2028
8.5. North America Industrial Pumps Market Dynamics – Trends
9. Europe Industrial Pumps Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Centrifugal Pump
9.1.1.1. Axial Flow Pump
9.1.1.2. Radial Flow Pump
9.1.1.3. Mixed Flow Pump
9.1.2. Positive Dispalcement Pump
9.1.2.1. Reciprocating
9.1.2.2. Rotary
9.1.2.3. Others
9.1.3. Others
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Oil & Gas
9.2.2. Chemicals
9.2.3. Construction
9.2.4. Power
9.2.5. Water & Wastewater
9.2.6. Others
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Rest of Europe
9.4. Europe Industrial Pumps Market – Opportunity Analysis Index, By Product, By Application and Country, 2022 – 2028
9.5. Europe Industrial Pumps Market Dynamics – Trends
10. Asia-Pacific Industrial Pumps Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Centrifugal Pump
10.1.1.1. Axial Flow Pump
10.1.1.2. Radial Flow Pump
10.1.1.3. Mixed Flow Pump
10.1.2. Positive Dispalcement Pump
10.1.2.1. Reciprocating
10.1.2.2. Rotary
10.1.2.3. Others
10.1.3. Others
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Oil & Gas
10.2.2. Chemicals
10.2.3. Construction
10.2.4. Power
10.2.5. Water & Wastewater
10.2.6. Others
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Industrial Pumps Market – Opportunity Analysis Index, By Product, By Application and Country, 2022 – 2028
10.5. Asia-Pacific Industrial Pumps Market Dynamics – Trends
11. Latin America Industrial Pumps Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Centrifugal Pump
11.1.1.1. Axial Flow Pump
11.1.1.2. Radial Flow Pump
11.1.1.3. Mixed Flow Pump
11.1.2. Positive Dispalcement Pump
11.1.2.1. Reciprocating
11.1.2.2. Rotary
11.1.2.3. Others
11.1.3. Others
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Oil & Gas
11.2.2. Chemicals
11.2.3. Construction
11.2.4. Power
11.2.5. Water & Wastewater
11.2.6. Others
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Industrial Pumps Market – Opportunity Analysis Index, By Product, By End Use and Country, 2022 – 2028
11.5. Latin America Industrial Pumps Market Dynamics – Trends
12. Middle East and Africa Industrial Pumps Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Centrifugal Pump
12.1.1.1. Axial Flow Pump
12.1.1.2. Radial Flow Pump
12.1.1.3. Mixed Flow Pump
12.1.2. Positive Dispalcement Pump
12.1.2.1. Reciprocating
12.1.2.2. Rotary
12.1.2.3. Others
12.1.3. Others
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Oil & Gas
12.2.2. Chemicals
12.2.3. Construction
12.2.4. Power
12.2.5. Water & Wastewater
12.2.6. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Industrial Pumps Market – Opportunity Analysis Index, By Product, By Application and Country, 2022 – 2028
12.5. MEA Industrial Pumps Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Grundfos Pump Corp.
13.2.2. Xylem, Inc.
13.2.3. Ingersoll-Rand PLC
13.2.4. Flowserve Corp.
13.2.5. KSB SE & Co. KGaA
13.2.6. Sulzer Ltd.
13.2.7. Pentair PLC
13.2.8. Iwaki America, Inc.
13.2.9. Schlumberger Ltd.
13.2.10. Ebara Corp.
13.2.11. Weir Group PLC
13.2.12. Vaughan Company, Inc.
13.2.13. Hermetic-Pumpen GmbH
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Grundfos Pump Corp.
  • Xylem, Inc.
  • Ingersoll-Rand PLC
  • Flowserve Corp.
  • KSB SE & Co. KGaA
  • Sulzer Ltd.
  • Pentair PLC
  • Iwaki America, Inc.
  • Schlumberger Ltd.
  • Ebara Corp.
  • Weir Group PLC
  • Vaughan Company, Inc.
  • Hermetic-Pumpen GmbH

Description

The Industrial Pumps Market is valued at USD 65.1 billion in 2021 and is expected to reach a value of USD 90.2 billion by 2028, growing at a CAGR of 5.6% during the forecast period 2022 to 2028. The global market provides a detailed overview of the Industrial Pumps market, which has been segmented into a by-product, and applications. By product, the industrial pumps market has been segmented into Centrifugal Pumps, Positive Displacement Pump, and Others. The Centrifugal Pumps segment is likely the most significant and fastest-growing segment in various product types. Based on Application, the industrial pumps are segmented into Oil & Gas, Chemicals, Construction, Power, Water & Wastewater, and Others. According to precision business insights, the Water & Wastewater segment is predicted to register the fastest growth rate during the forecast period.

Key development:

In May 2020, Wilo expanded its presence by establishing a new headquarters and production facility in Cedarburg, Wisconsin, US. The new headquarters will bring the combined operations of Wilo USA, Weil Pump, Scot Pump, and Wilo Machine Co. to a single production site.

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