Report Description

The Global Pumps Market is anticipated to grow in the forecast period 2024-2028. The need for pumps in the oil and gas sector is predicted to increase as oil and gas companies increase their spending on exploration and production activities around the world. The market is anticipated to benefit from the increasing number of infrastructure improvements, such as pipeline replacement or installation.

Additionally, as investments in infrastructure and other crucial processes like wastewater treatment and electricity production, pumps become more and more crucial. Additionally, there have been increase in end-user applications in recent years, hence boosting the growth of the global pumps market.

Due to global urbanization, there has been a rapid adoption of pumps along with increasing infrastructure construction activities and the search for new water sources. However, the rise of numerous Chinese businesses who sell pumps at very low prices has posed a challenge to the expansion of regional and international market participants in recent years. Additionally, the aftermarket sales of pumps and their components have been impacted by a greater emphasis on extending operational lifetime of modern pumps rather than spending money on R&D of new products.

Pumps are machines that move fluids and liquids by mechanical action. Although they all operate on the same principle of utilizing energy and moving fluid through mechanical action, pumps are divided into different categories based on how they function. Pumps can be powered manually or by an outside energy source. The three most prevalent energy sources are engines, electric motors, and wind energy. Pumps are available in a range of sizes, from tiny household pumps to large industrial pumps. The main criterion for classification is how many centrifugal pumps are present in commercially available pumps. Single stage pumps and multi stage pumps are two different types of pumps.

Increasing Demand In Waste Water Treatment:

The amount of wastewater produced and the overall emission load are expected to increase globally as water demand rises. Because of this, governments around the world have enacted strict wastewater management policies and laws, notably in the urban and industrial sectors. Additionally, with growing environmental awareness and a growing water deficit, the demand for water treatment facilities in emerging nations is anticipated to rise.

Moreover, due to a rise in infrastructure and development initiatives, the acquisition of new pumps is happening quickly in growing nations. The demand for pumps is anticipated to increase as a result of this expansion and the rise in living standards in developing countries, particularly among end users in the manufacturing sector. Additionally, these nations' access to water resources and sanitation is probably going to get better, which is probably going to have a big impact on the need for water pumps.

Growth in Merger and Acquisition Activities

Pump market vendors are concentrating on M&As to expand and investigate new markets. As a result of players being able to establish their position and bases in emerging countries, these efforts have given the market additional energy. A number of major players in the world, including Wilo, Sulzer, and others, have engaged in M&As to expand their brands’ market prospects. Additionally, they have expanded their presence in developing countries and new areas using this method, and they are continuing to grow by purchasing important regional companies. Additionally, pumps with specialized and cutting-edge technologies, like those with remote monitoring capabilities, are anticipated to fuel market expansion in the future. Pump makers are starting a digital revolution by embracing IIoT, big data, and artificial intelligence. For makers of pumps, fostering innovations and related disruptive activity provides a competitive advantage. Numerous companies, like KSB, Sulzer, and WILO, have developed networked machines that provide real-time production line tracking, which further boosts productivity and reduces downtime.


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Market Segmentation

Global Pumps Market is segmented by type, end use, region and competitive landscape. On the basis of type the market is further divided into Centrifugal & Positive Displacement. On the basis of end use the market is further segmented into Water & Wastewater, Building Services, Agriculture, Chemicals, Power, Oil & Gas, Mining, F&B & Pharmaceutical.

Market Players

Major market players in the global pumps market are Alfa Laval Corporate AB, BAKER HUGHES, CIRCOR INTERNATIONAL, INC., DESMI A/S, FLOWSERVE Corporation, Kirloskar Brothers Limited , KSB SE & Co. KGa, Nikkiso co. Ltd, SPX Flow, Inc, Franklin Electric Co., Inc.

Recent Development

  • Sulzer introduced GTC Technology to its exceptional offering for process industries globally in April 2019 by purchasing the company's proprietary methods and systems for aromatization, C5 processing, BTX recovery, and gas to liquids processing.
  • Dover acquired XanTec Steuerungs, a developer and provider of automation and control systems for industrial machinery, in September 2020. Within Dover's Pumps & Process Solutions division, XanTec has joined the Maag Group ("Maag"), a reputable global provider of integrated and adaptable process technology solutions for the polymer, chemical, petrochemical, pharmaceutical, and food sectors. 

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Type

End Use

Regional scope

North America; Asia-Pacific; Europe; South America; Middle East & Africa

Country scope

United States, Canada, Mexico, China, Indian, Japan, South Korea, Australia, Singapore, Malaysia, Germany, United Kingdom, France, Russia, Spain, Belgium, Italy, Brazil, Colombia, Argentina, Peru, Chile, Saudi Arabia, South Africa, UAE, Israel, Turkey

Key companies profiled

Alfa Laval Corporate AB, BAKER HUGHES Company, CIRCOR INTERNATIONAL, INC., DESMI A/S, FLOWSERVE Corporation, Kirloskar Brothers Limited , KSB SE & Co. KGa, Nikkiso co. Ltd, SPX Flow, Inc, Franklin Electric Co., Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the Global Pumps Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

        ·         Pumps Market, By Type

o   Centrifugal

o   Positive Displacement

        ·         Pumps Market, By End Use

o   Water & Wastewater

o   Building Services

o   Agriculture

o   Chemicals

o   Power

o   Oil & Gas

o   Mining

o   F&B

o   Pharmaceutical

        ·         Pumps Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

§  Singapore

§  Malaysia

o   Europe

§  Germany

§  United Kingdom

§  France

§  Russia

§  Spain

§  Belgium

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Peru

§  Chile

o   Middle East

§  Saudi Arabia

§  South Africa

§  UAE

§  Israel

§  Turkey

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Pumps market.

Available Customizations:

Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Pumps Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Pumps Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Factors Considered while Selecting Vendor

5.3.  Major Challenges Faced

5.4.  Technological Awareness

6.    Global Pumps Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type (Centrifugal & Positive Displacement)

6.2.2.    By End Use (Water & Wastewater, Building Services, Agriculture, Chemicals, Power, Oil & Gas, Mining, F&B & Pharmaceutical)

6.2.3.    By Region

6.2.4.    By Company

6.3.  Market Map

7.    North America Pumps Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By End Use

7.2.3.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Pumps Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By End Use

7.3.2.    Canada Pumps Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By End Use

7.3.3.    Mexico Pumps Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By End Use

8.    Asia-Pacific Pumps Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By End Use

8.2.3.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Pumps Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.3.        By Type

8.3.1.4.        By End Use

8.3.2.    India Pumps Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By End Use

8.3.3.    Japan Pumps Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By End Use

8.3.4.    South Korea Pumps Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By End Use

8.3.5.    Australia Pumps Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By End Use

8.3.6.    Singapore Pumps Market Outlook

8.3.6.1.        Market Size & Forecast

8.3.6.1.1.           By Value 

8.3.6.2.        Market Share & Forecast

8.3.6.2.1.           By Type

8.3.6.2.2.           By End Use

8.3.7.    Malaysia Pumps Market Outlook

8.3.7.1.        Market Size & Forecast

8.3.7.1.1.           By Value 

8.3.7.2.        Market Share & Forecast

8.3.7.2.1.           By Type

8.3.7.2.2.           By End Use

9.    Europe Pumps Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By End Use

9.2.3.    By Country

9.3.  Europe: Country Analysis

9.3.1.    Germany Pumps Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By End Use

9.3.2.    United Kingdom Pumps Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By End Use

9.3.3.    France Pumps Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By End Use

9.3.4.    Russia Pumps Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value 

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Type

9.3.4.2.2.           By End Use

9.3.5.    Spain Pumps Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value 

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Type

9.3.5.2.2.           By End Use

9.3.6.    Belgium Pumps Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value 

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Type

9.3.6.2.2.           By End Use

9.3.7.    Italy Pumps Market Outlook

9.3.7.1.        Market Size & Forecast

9.3.7.1.1.           By Value 

9.3.7.2.        Market Share & Forecast

9.3.7.2.1.           By Type

9.3.7.2.2.           By End Use

10. South America Pumps Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1.1.     By Type

10.2.1.2.     By End Use

10.2.1.3.     By Country

10.3.             South America: Country Analysis

10.3.1. Brazil Pumps Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By End Use

10.3.2. Argentina Pumps Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By End Use

10.3.3. Colombia Pumps Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By End Use

10.3.4. Peru Pumps Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type

10.3.4.2.2.         By End Use

10.3.5. Chile Pumps Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value 

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Type

10.3.5.2.2.         By End Use

11. Middle East & Africa Pumps Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Value

11.2.             Market Share & Forecast

11.2.1. By Type

11.2.2. By End Use

11.2.3. By Country

11.3.             Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Pumps Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value 

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Type

11.3.1.2.2.         By End Use

11.3.2. South Africa Pumps Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value 

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Type

11.3.2.2.2.         By End Use

11.3.3. UAE Pumps Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value 

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Type

11.3.3.2.2.         By End Use

11.3.4. Israel Pumps Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value 

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Type

11.3.4.2.2.         By End Use

11.3.5. Turkey Pumps Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value 

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Type

11.3.5.2.2.         By End Use

12. Market Dynamics

12.1. Drivers

12.1.1. Increasing demand for waste and water treatment plant

12.1.2. Surge in infrastructure projects in developing states

12.1.3. Increase in merger and acquisition

12.2. Challenges

12.2.1. Unpredictability in the oil & gas industry

12.2.2. Variations in raw material prices

13. Market Trends & Developments

13.1.   Launch of wastewater treatment schemes in middle east

13.2.   Rise In Technological Development

13.3.   Government Initiatives

13.4.   Strong replacement demand

14. Company Profiles

14.1.             Alfa Laval Corporate AB

14.1.1. Business Overview

14.1.2. Key Revenue and Financials

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.1.6. SWOT Analysis

14.2.             Baker Hughes Company

14.2.1.