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Global Pumps Market 2022
25 March 2022
Pumps can be divided into two major types: positive displacement (PD) pump and centrifugal pump. PD pumps normally produce more pressure than centrifugal pumps, and they operate at a lower speed than the centrifugal, so PD seals tend to last longer than seals on a centrifugal pump. Centrifugal pumps tend to do well in high flow conditions. According to a report by StrategyHelix, the global pumps market is set to increase by US$ 8,174 million during 2022-2028, growing at a CAGR of 3.5% during the forecast period.
The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value and volume for pumps. The global pumps market is segmented on the basis of product, end user, and region. On the basis of product, the global pumps market has been segmented into positive displacement (PD) pumps, centrifugal pumps. The centrifugal pumps segment held the largest revenue share in 2021. By end user, the global pumps market has been segmented into building and construction, chemicals, food and beverages, mining, oil and gas, pharmaceuticals, power generation, water and wastewater, others. Among these, the water and wastewater segment was accounted for the highest revenue generator in 2021. Geographically, the global pumps market is segmented into Asia Pacific, Europe, North America, Rest of the World (RoW).
The centrifugal pumps market is further segmented into axial & mixed flow pumps, multi-stage pumps, seal-less & circular pumps, single-stage pumps, and submersible pumps. Globally, the single-stage pumps segment made up the largest share of the pumps market. Furthermore, the PD pumps market has been categorized into diaphragm pumps, gear pumps, lobe pumps, peristaltic pumps, piston pumps, progressive cavity pumps, screw pumps, and vane pumps. The diaphragm pumps segment was the largest contributor to the global pumps market in 2021.
The global pumps market is highly competitive. The pumps market is dominated by key players, which are Cole-Parmer Instrument Company, Dandong Hengxing Pump Industry Co. Ltd., DESMI A/S, Dover Corporation (PSG), Grundfos Holding AG, Hebei Hengsheng Pump Co. Ltd (HSP Pump), IDEX Corporation, Ingersoll Rand Inc., ITT Inc., KSB SE & Co. KGaA, Roper Technologies Inc., SEEPEX GmbH, SPX FLOW Inc., Sulzer Ltd., The Flowserve Corporation, Xylem Inc.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the pumps market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: positive displacement (PD) pumps, centrifugal pumps
End user: building and construction, chemicals, food and beverages, mining, oil and gas, pharmaceuticals, power generation, water and wastewater, others
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028
Key Benefits for Stakeholders
– Get a comprehensive picture of the global pumps market
– Pinpoint growth sectors and trends for investment
Table of Contents
Part 1. Introduction
> Scope of the study
> Study period
> Geographical scope
> Research methodology
Part 2. Pumps market overview
Part 3. Market breakdown by product
> Positive displacement (PD) pumps
> Centrifugal pumps
Part 4. Market breakdown by end user
> Building and construction
> Food and beverages
> Oil and gas
> Power generation
> Water and wastewater
Part 5. Market breakdown by region
> Asia Pacific
> North America
> Rest of the World (RoW)
Part 6. Key companies
> Cole-Parmer Instrument Company
> Dandong Hengxing Pump Industry Co., Ltd.
> DESMI A/S
> Dover Corporation (PSG)
> Grundfos Holding AG
> Hebei Hengsheng Pump Co., Ltd (HSP Pump)
> IDEX Corporation
> Ingersoll Rand Inc.
> ITT Inc.
> KSB SE & Co. KGaA
> Roper Technologies, Inc.
> SEEPEX GmbH
> SPX FLOW, Inc.
> Sulzer Ltd.
> The Flowserve Corporation
> Xylem Inc.