Pumps Market Size, Share, and Outlook, 2025 Report- By Type (Centrifugal Pumps, Positive Displacement Pump), By Centrifugal Pumps Configuration (Single Stage, Multistage), By Centrifugal Pumps Design (Radial Flow Pumps, Mixed Flow Pumps, Axial Flow Pumps)

Pumps Market Outlook

Pumps Market Size is forecast to reach $77.4 Billion in 2032 from $57.5 Billion in 2025, at an optimistic growth rate of 4.3% from 2025 to 2032. The robust Pumps Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Pumps Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Centrifugal Pumps, Positive Displacement Pump), By Centrifugal Pumps Configuration (Single Stage, Multistage), By Centrifugal Pumps Design (Radial Flow Pumps, Mixed Flow Pumps, Axial Flow Pumps), By Rotary Pumps Type (Gear Pumps, Screw Pumps, Vane Pumps, Lobe Pumps, Others), By Reciprocating Pumps (Diaphragm Pump, Piston Pump, Plunger Pump), By End-User (Agriculture, Water & Wastewater, Construction & Building Services, Oil & Gas, Chemical, Power Generation, Others). Over 70 tables and charts showcase findings from our latest survey report on Pumps Markets.

Pumps Market Insights, 2025: Pumps – Key Drivers and Opportunities

Pumps are essential mechanical devices used in various industries to move liquids, gases, and slurries. The global pump market is driven by their versatility, with applications spanning industries such as oil and gas, water treatment, chemical processing, construction, and automotive.

One key driver of the pump market is the growth in the oil and gas sector, where pumps are used for fluid transfer, water injection, and hydraulic fracturing processes. Additionally, municipal water treatment systems and the demand for clean water in developing regions contribute to the increasing need for pumps in water and wastewater management.

Technological advancements in pump design, such as smart pumps with IoT integration for predictive maintenance and efficiency monitoring, also present significant opportunities. These innovations lead to cost savings and reduced downtime, offering manufacturers a competitive edge. The rise of environmental regulations and the push for sustainability are also encouraging the development of energy-efficient pumps, which help reduce operational costs and environmental footprints.

Opportunities for growth in the pump market include the development of pumps for specialized applications like biopharmaceutical production and desalination plants, as well as the increasing adoption of advanced materials for pumps, such as ceramics and composite polymers, which offer durability and resistance to wear and corrosion.

Five Trends that will define global Pumps Market in 2025 and Beyond

A closer look at the multi-million global market for Pumps Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Pumps Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Pumps Industry?

The Pumps Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Pumps Market Segment Insights

The Pumps Industry presents strong offers across categories. The analytical report offers forecasts of Pumps Industry performance across segments and countries. Key segments in the industry include- By Type (Centrifugal Pumps, Positive Displacement Pump), By Centrifugal Pumps Configuration (Single Stage, Multistage), By Centrifugal Pumps Design (Radial Flow Pumps, Mixed Flow Pumps, Axial Flow Pumps), By Rotary Pumps Type (Gear Pumps, Screw Pumps, Vane Pumps, Lobe Pumps, Others), By Reciprocating Pumps (Diaphragm Pump, Piston Pump, Plunger Pump), By End-User (Agriculture, Water & Wastewater, Construction & Building Services, Oil & Gas, Chemical, Power Generation, Others). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Pumps Market size outlook is provided for 22 countries across these regions.

Pumps Industry Value Chain

The chapter identifies potential companies and their operations across the global Pumps Industry ecosystem. It assists decision-makers in evaluating global Pumps Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Pumps Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Pumps Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Pumps Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Pumps Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Pumps Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Pumps Market Insights- Executives are most excited about opportunities for the US Pumps Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Pumps Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Pumps Market.

Latin American Pumps Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Pumps Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Pumps Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Pumps Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Pumps Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include SLB, Ingersoll Rand, The Weir Group PLC, Vaughan Company, KSB SE & Co. KGaA, Pentair, Grundfos Holding A/S, Comp8, Xylem, Flowserve Corporation., ITT INC., EBARA CORPORATION, IWAKI CO., LTD., Sulzer Ltd, SPX FLOW, Inc.

Pumps Market Scope and Segmentation

By Type

Centrifugal Pumps

-Centrifugal Pumps By Configuration

-Centrifugal Pumps By Design

Positive Displacement Pump

-Rotary Pumps By Type

-Reciprocating Pumps By Type

By Centrifugal Pumps Configuration

Single Stage

Multistage

By Centrifugal Pumps Design

Radial Flow Pumps

Mixed Flow Pumps

Axial Flow Pumps

By Rotary Pumps Type

Gear Pumps

Screw Pumps

Vane Pumps

Lobe Pumps

Others

By Reciprocating Pumps Type

Diaphragm Pump

Piston Pump

Plunger Pump

By End-user

Agriculture

Water & Wastewater

Construction & Building Services

Oil & Gas

Chemical

Power Generation

Others

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Pumps Market Research-

SLB

Ingersoll Rand

The Weir Group PLC

Vaughan Company

KSB SE & Co. KGaA

Pentair

Grundfos Holding A/S

Comp8

Xylem

Flowserve Corporation.

ITT INC.

EBARA CORPORATION

IWAKI CO., LTD.

Sulzer Ltd

SPX FLOW, Inc.

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
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