Global Industrial Pumps Market Growth 2023-2029

Global Industrial Pumps Market Growth 2023-2029

An industrial pump is usually a heavy-duty process pump used to move many different types of products, including water, chemicals, petroleum, wastewater, oil, sludge, slurry or food. The types of pumps typically used for industrial purposes includes centrifugal pumps and positive displacement pumps.

LPI (LP Information)' newest research report, the “Industrial Pumps Industry Forecast” looks at past sales and reviews total world Industrial Pumps sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Pumps sales for 2023 through 2029. With Industrial Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Pumps industry.

This Insight Report provides a comprehensive analysis of the global Industrial Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Pumps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Pumps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Pumps.

The global Industrial Pumps market size is projected to grow from US$ 66200 million in 2022 to US$ 93670 million in 2029; it is expected to grow at a CAGR of 93670 from 2023 to 2029.

Growing use of industrial pumps in various applications including waste water treatment and chemicals is likely to drive the market over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Pumps market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Centrifugal
Reciprocating
Rotary
Diaphragm

Segmentation by application
Oil & Gas
Chemicals
Construction
Power Generation
Water & Wastewater
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
A.R. North America, Inc.
Colfax Corporation
Flowserve Corporation
ITT Corporation
Roper Technologies Inc.
SPX Flow Inc.
Vaughan Company Inc.
Iwaki America Inc.
Global Pump Company
Grundfos Pumps Corporation
Haight Pumps
Pioneer Pump Inc
Sulzer Brasil S.A.
HERMETIC-Pumpen GmbH
SEKO Bono Exacta S.p.A.
DESMI A/S
Summit Pump, Inc.
Speck Pumpen Group
Kracht GmbH
Klaus Union GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Pumps market?

What factors are driving Industrial Pumps market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Pumps market opportunities vary by end market size?

How does Industrial Pumps break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.