Global Pumps Market 2022-2026

Global Pumps Market 2022-2026

Technavio has been monitoring the pumps market and it is poised to grow by $ 22.14 bn during 2022-2026, progressing at a CAGR of 5.73% during the forecast period. Our report on the pumps market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising focus on improving energy efficiency in industries and the growing demand for high-temperature heat pumps (HTHPs). In addition, rising focus on improving energy efficiency in industries is anticipated to boost the growth of the market as well.

The pumps market analysis includes product and end-user segments and geographic landscape.

Technavio's pumps market is segmented as below:

By Product

  • Centrifugal pumps
  • Specialty pumps
  • Positive displacement pumps
By End-user
  • Oil and gas
  • Water and wastewater
  • Chemical
  • Building
  • Others
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the emergence of building energy management systems (BEMS)as one of the prime reasons driving the pumps market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on pumps market covers the following areas:
  • Pumps market sizing
  • Pumps market forecast
  • Pumps market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pumps market vendors that include Alfa Laval AB, Danfoss AS, Dover Corp., Flowserve Corp., General Electric Co., Grundfos Holding AS, Ingersoll Rand Inc., Robert Bosch GmbH, Sulzer Ltd., and The Weir Group Plc. Also, the pumps market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Alfa Laval AB, Danfoss AS, Dover Corp., Flowserve Corp., General Electric Co., Grundfos Holding AS, Ingersoll Rand Inc., Robert Bosch GmbH, Sulzer Ltd., The Weir Group Plc


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value Chain Analysis: Industrial machinery
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026
      • Table Global - Market size and forecast 2021 - 2026 ($ billion)
      • Impact of COVID-19 on the market in focus
        • Table Global market: Year-over-year growth 2021 - 2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2021 & 2026
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2021
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2021-2026 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Centrifugal pumps - Market size and forecast 2021-2026
      • Table Centrifugal pumps - Market size and forecast 2021-2026 ($ billion)
      • Table Centrifugal pumps - Year-over-year growth 2021-2026 (%)
    • Specialty pumps - Market size and forecast 2021-2026
      • Table Specialty pumps - Market size and forecast 2021-2026 ($ billion)
      • Table Specialty pumps - Year-over-year growth 2021-2026 (%)
    • Positive displacement pumps - Market size and forecast 2021-2026
      • Table Positive displacement pumps - Market size and forecast 2021-2026 ($ billion)
      • Table Positive displacement pumps - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2021-2026 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Oil and gas - Market size and forecast 2021-2026
      • Table Oil and gas - Market size and forecast 2021-2026 ($ billion)
      • Table Oil and gas - Year-over-year growth 2021-2026 (%)
    • Water and wastewater - Market size and forecast 2021- 2026
      • Table Water and wastewater - Market size and forecast 2021-2026 ($ billion)
      • Table Water and wastewater - Year-over-year growth 2021-2026 (%)
    • Chemical - Market size and forecast 2021-2026
      • Table Chemical - Market size and forecast 2021-2026 ($ billion)
      • Table Chemical - Year-over-year growth 2021-2026 (%)
    • Building - Market size and forecast 2021-2026
      • Table Building - Market size and forecast 2021-2026 ($ billion)
      • Table Building - Year-over-year growth 2021-2026 (%)
    • Others - Market size and forecast 2021-2026
      • Table Others - Market size and forecast 2021-2026 ($ billion)
      • Power
      • F&B
      • Agriculture
      • Metals and mining
      • Paper and pulp
        • Table Others - Year-over-year growth 2021-2026 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2021-2026
      • Table APAC - Market size and forecast 2021-2026 ($ billion)
      • Table APAC - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Europe - Year-over-year growth 2021-2026 (%)
    • North America - Market size and forecast 2021-2026
      • Table North America - Market size and forecast 2021-2026 ($ billion)
      • Table North America - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table South America - Market size and forecast 2021-2026 ($ billion)
      • Table South America - Year-over-year growth 2021-2026 (%)
    • MEA - Market size and forecast 2021-2026
      • Table MEA - Market size and forecast 2021-2026 ($ billion)
      • Table MEA - Year-over-year growth 2021-2026 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rising focus on improving energy efficiency in industries
      • Growing demand for high-temperature heat pumps (HTHPs)
      • Emergence of building energy management systems (BEMS)
    • Market challenges
      • High initial cost and limitations of pumps
      • Intense competition within the pumps industry
      • Lack of awareness about the benefits of pumps
        • Table Impact of drivers and challenges
    • Market trends
      • Increased adoption of solar-powered pumps
      • Advent of smart pumps
      • Policies supporting the growth of renewable power
  • Vendor Landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alfa Laval AB
      • Table Alfa Laval AB - Overview
      • Table Alfa Laval AB - Business segments
      • Table Alfa Laval AB - Key offerings
      • Table Alfa Laval AB - Segment focus
    • Danfoss AS
      • Table Danfoss AS - Overview
      • Table Danfoss AS - Business segments
      • Table Danfoss AS - Key offerings
      • Table Danfoss AS - Segment focus
    • Dover Corp.
      • Table Dover Corp. - Overview
      • Table Dover Corp. - Business segments
      • Table Dover Corp. - Key offerings
      • Table Dover Corp. - Segment focus
    • Flowserve Corp.
      • Table Flowserve Corp. - Overview
      • Table Flowserve Corp. - Business segments
      • Table Flowserve Corp. - Key offerings
      • Table Flowserve Corp. - Segment focus
    • General Electric Co.
      • Table General Electric Co. - Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • Grundfos Holding AS
      • Table Grundfos Holding AS - Overview
      • Table Grundfos Holding AS - Business segments
      • Table Grundfos Holding AS - Key offerings
    • Ingersoll Rand Inc.
      • Table Ingersoll Rand Inc. - Overview
      • Table Ingersoll Rand Inc. - Business segments
      • Table Ingersoll Rand Inc. - Key offerings
      • Table Ingersoll Rand Inc. - Segment focus
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • Sulzer Ltd.
      • Table Sulzer Ltd. - Overview
      • Table Sulzer Ltd. - Business segments
      • Table Sulzer Ltd. - Key offerings
      • Table Sulzer Ltd. - Segment focus
    • The Weir Group Plc
      • Table The Weir Group Plc - Overview
      • Table The Weir Group Plc - Business segments
      • Table The Weir Group Plc - Key offerings
      • Table The Weir Group Plc - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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