France Pumps Market Research Report Information by Product Type (Positive Displacement, Centrifugal and Others), by Application Type (agriculture, chemical, oil & gas, power generation, water & wastewater, construction & building services, and others) Industry Forecast to 2032
The French pump market is predicted to grow significantly between 2023 and 2032. The market was worth USD 1,709.8 million in 2022, and it is predicted to increase at a CAGR of 4.89% to USD 2,692.0 million by the end of 2032. As more individuals become aware of the industry's benefits and qualities, demand is increasing. The market is growing because pumps are used in a range of industries, including oil and gas, chemical, and wastewater. Pumps are used to transport liquids from one location to another. The rising adoption of pumps by end-use sectors provides opportunities for producers to differentiate themselves from competitors. Market expansion is hampered by group and government-imposed standards and regulations, as well as a skilled labor scarcity.
Pumps are devices that transport or move certain media. A pump moves a liquid or gas from a low-pressure environment to one with higher pressure, overcoming the pressure difference by putting energy into the system. Pumps are used in a range of applications. It has a wide range of uses, including agriculture, oil and gas, chemicals, water and wastewater treatment, and many more. Pumps can be categorized as positive displacement, centrifugal, or other. Pumps work by creating a vacuum that is then used to push or pull liquids or gasses. Different types of pumps work in different ways, but one thing they all have in common is the ability to create a pressure differential, resulting in suction.
Pumps play a significant part in numerous industries and in everyday life. Pumps are used in industrial situations to transport liquids or gases during production operations. In agriculture, they help with irrigation, ensuring that crops get enough water. Water pumps boost water supply in homes and buildings, hence encouraging cleanliness and hygiene. Fuel pumps dispense gasoline to vehicles, allowing transportation networks to operate smoothly. Furthermore, pumps are used in healthcare to power medical equipment such as dialysis machines. Pumps are employed in a wide range of industries, including agriculture and healthcare.
Market SegmentationAccording to the MRFR analysis, the pumps market is segmented by product type and application. The market is divided into three product types: positive displacement, centrifugal, and other. Because of its broad use in end-use industries, the centrifugal category accounted for the largest amount (64.68%).
The French pump market is divided into applications such as agriculture, chemical, oil and gas, power generation, water and wastewater, construction and building services, and others. The Water & Wastewater category dominated the France pumps market with a 31.64% share, owing to growing industrial utilization for a wide range of applications.
Major players in the France Pumps market are KSB SE & Co. KGaA, Xylem, Flowserve Corporation, Pedrollo SpA, EBARA CORPORATION, The Weir Group PLC, SLB, Grundfos Holding A/S, DESMI A/S, and WILO SE.