Pumps Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Shanghai Kaiquan Pump(Group)Co.,Ltd., Grundfos, Eastpump, Liancheng Group

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Pumps market is expected to register a phenomenal CAGR of 8% during the review period (2022 to 2027).

Pumps Market Overview

The global pump sector will expand at a moderate rate, owing to increased government spending on new water infrastructure. The increasing use of various types of pumps in various sectors such as chemical, oil & gas, water & wastewater treatment facilities, and general industries such as power generation, food & beverage, mining, pulp & paper, and others will propel the market forward. The increased demand for clean water for both residential and industrial use will increase the demand for water and wastewater treatment plants, which will drive pump demand. As governments construct state-of-the-art flood control systems in flood-prone areas, product demand will skyrocket. Water conservation measures will be aided by increasing awareness of the consumption of water, as well as the depletion of ground water.

Market Growth Drivers

• The worldwide oil and gas business is expanding.


• In Asia Pacific, construction activity is increasing.


• Water treatment facilities are in higher demand than ever before.


• In general industry, product usage is increasing.


• The chemical business is expanding rapidly.

Recent Development

FEB 25 2022: Kirloskar Brothers Limited Launches JALHASTI And JALTARA - 0.5 HP Mini Series Pumps With F Class Insulation--

Kirloskar Brothers Limited has always been at the forefront of providing world-class pumping solutions to customers across the globe. Company has recently launched a new products, 0.5 HP Mini Series Pumps "Jalhasti" and "Jaltara" with 'F' Class Insulation and Cathodic Electro Deposition (CED) Coating that offers superior resistance against corrosion. 

What are the major Applications, Types and Regions for Pumps Market?

By Type, it is segmented into

• Centrifugal Pump


• Rotary Pump


• Diaphragm Pump


• Other

By Applications, it is segmented into

• Household


• Agricultural


• Industrial


• Municipal


• Other

Pumps Market Regional Analysis

The Asia Pacific pumps industry is expected to generate more than USD 43 billion by 2027. With a market share of more than 50% in 2020, APAC will be the most powerful region in the world. The presence of many low-cost product manufacturers in China, India, and Southeast Asia would help boost regional market demand, as they can supply end-users with long-term tailored assistance. The existence of various small, medium, and large-scale chemical and pharmaceutical enterprises in China and India will bolster market expansion even further. The United States accounted for more than 60% of the North America regional market due to the presence of highly developed technology industries, superior processing capabilities, a highly qualified workforce, and expanding R&D initiatives in the country.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Pumps Market report scope?

Key Takeaways from this Pumps Report

• Evaluate Pumps market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Pumps market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Pumps Market?

The Pumps Market is growing at a CAGR of 8% over the next 5 years.

Who are the key players in Pumps Market?

Shanghai Kaiquan Pump(Group)Co.,Ltd., Grundfos, Eastpump, Liancheng Group, Nanfang Pump Industry Co., Ltd., KSB, PowerChina SPEM Company Ltd., SULZER, Dalian Deep Blue Pump, Shimge Pump Industry Group Co.,Ltd., Wilo, Danai Pumps Co.,Ltd., Leo Group Co.,Ltd., Thermal Fisher, Guangdong Kenflo Pump Co.,Ltd., Weihai Shuanglun Group Co.,Ltd., Shenyang Blower Works Group Corporation, Shijiazhuang Industrial Pump Factory Co.Ltd. (SGB), XEMC, Chongqing Pump Industry Co., Ltd., Hua Cheng Group, Xiangyang 525 Pump Industry Co.,Ltd., Changzhi Pump Co.,Ltd.

What are the significant types of Pumps Market?

Centrifugal Pump, Rotary Pump, Diaphragm Pump, Other

What are the major end-use applications of Pumps Market?

Household, Agricultural, Industrial, Municipal, Other

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.