Piyasa bakış

The global pumps market is projected to reach USD 91.08 milyar tarafından 2027, growing at a CAGR of over 4.7% itibaren 2021 ile 2027. This growth can be attributed to increased infrastructure projects in developing economies, rising modular construction projects, and the demand for efficient and advanced pump technologies.

Pumps are devices or machines that raise, drive, exhaust, or compress fluids or gases using pistons, plungers, or rotating vanes. They transfer not only fluids but also slurries by converting electrical energy into hydraulic energy through mechanical action.

Increased capital investment expenditure in developing countries will enable vendors to invest more in plant expansion and upgrading manufacturing facilities. The growth of mining activities and production of mined materials in countries like China and India is projected to boost pump output. In APAC, pump sales are expected to rely on capital expenditure by industries and construction projects. The centrifugal pumps market also offers significant opportunities in the aftermarket segment due to strong demand in the global mining market.

As global water demand increases, the production of wastewater and overall emission loads are expected to grow. Consequently, policymakers worldwide have implemented stringent wastewater management strategies and legislation, particularly in urban and industrial sectors. Dahası, the demand for water treatment plants in developing countries is projected to increase due to growing environmental awareness and water scarcity issues.

The prefabricated buildings market, mainly in North America and Europe, anticipates high demand during the forecast period. The commercial adoption of prefabricated construction has grown in various residential and commercial sectors, including hotels, resorts, spas, and sports clubs. This surge in demand for prefabricated buildings is expected to fuel the industrial pumps market.

Specialty and advanced technologies, such as remote monitoring facilities, are projected to drive growth in the global pumps market. Pump manufacturers are embracing the digital revolution by adopting Industrial Internet of Things (IIoT), big data, and artificial intelligence. Innovations supporting these technologies provide a strategic advantage for manufacturers. Companies like KSB, Sulzer, and Wilo have developed connected machines that enable real-time production line tracking, increasing efficiency and minimizing downtime.

Fluctuations in raw material prices, tariff impositions or increases, commodity shortages, and allocations have adversely affected the pumps market. Changes in currency exchange rates pose risks to net revenue and operating margins for global manufacturers, emerging as significant challenges in the industry. Raw materials such as steel, titanium, nickel, and petroleum-based products are expected to experience price discrepancies, presenting a prime challenge for the industry.

Pazar Segmentasyonu

Pazar çeşitli faktörlere göre bölümlere ayrılmıştır, including product, son kullanıcı, ve coğrafya.

Segmentation by Product
Centrifugal – Single Stage, Multistage, Submersible, Turbine, Diğerleri
Reciprocating – Piston, Diaphragm
Rotary – Gear, Lobe, Peristaltic, Vane, Diğerleri

Segmentation by End-user
Industrial – Oil & Gas, Water & Wastewater, Food & Beverage, Kimyasal, Power, Mining, Pharmaceutical, Diğerleri
Agricultural
Commercial
Residential

Coğrafyaya Göre Segmentasyon
Kuzey Amerika – BİZ, Kanada
Avrupa – Almanya, Fransa, İngiltere, İtalya, ispanya
Asya Pasifik – Çin, Japonya, Hindistan, Güney Kore, Avustralya
Latin Amerika – Brezilya, Meksika
Orta Doğu & Africa -Saudi Arabia, Türkiye, UAE

The centrifugal pumps market is the dominant segment in terms of products and is projected to grow at a compound annual growth rate (CAGR) ile ilgili 5.11% tahmin dönemi boyunca. Centrifugal pumps are expected to maintain their dominance and continue being widely used due to their ability to handle various pressures and loads. Their attributes, such as the ability to handle high solids content liquids and relatively low maintenance costs, contribute to their popularity. bunlara ek olarak, the demand for positive displacement pumps is expected to outpace the industry average due to increasing manufacturing operations, particularly in challenging environments like the chemical industry. This growth is anticipated to benefit the aftermarket segment.

The industrial pumps market holds the largest share among end-user segments, driven by the increasing demand for pumps in the oil and gas industries. It is projected to surpass USD 69.00 milyar tarafından 2027. The demand for industrial pumps will continue to be driven beyond expectations by refineries. However, stringent government regulations and pollution reduction initiatives are likely to limit the growth of the oil and gas industry, thereby hindering overall industry development throughout the forecast period.

Centrifugal pumps find extensive application in hydrocarbon processing, refineries, water injection, and pipelines. The demand for these pumps is expected to grow alongside the increase in refining capacity. bunlara ek olarak, the recovery of oil prices and the expansion of onshore and offshore oil fields, including their development, assessment, and construction activities, will support the growth of the oil and gas sector. This expansion will further lead to the development of deep-water offshore projects in deeper offshore areas, consequently driving the demand for submersible pumps.

Asia-Pacific remains the dominant region in the global pumps market, with a market value of USD 27.42 milyar 2021. Sales in this region are primarily driven by high capital spending and increased construction expenditure. Several Asian countries, including China and India, are investing heavily in sectors such as oil, pesticides, and food and beverages. bunlara ek olarak, there are two major developments in the water infrastructure industry: expanding access to water sources and sanitation in emerging countries, and rehabilitation and upgrading of aging water facilities in developed countries. According to the market research report by the research, the pumps market in India surpassed USD 2.2 milyar 2020.

In North America, the growth of the construction industry and increased investments in the oil and gas sector have generated high demand for pumps. The region’s demand for both centrifugal and positive displacement pumps is expected to be driven by industrialization and the need for water and wastewater management. With a large number of process manufacturing companies, water supply plants, and oil and gas industries, the United States ranked as the third-largest national market in 2021. The region experienced a post-pandemic boost in the construction sector, and the factors driving industrial and commercial development are expected to influence the regional pumps market.

Rekabetçi Ortam

The global pumps market is characterized by intense competition, with a key factor being the differentiation of product lines. Vendors are actively investing in research and development (R&D) to enhance their core product technology, thereby establishing competitiveness within the industry. They differentiate themselves through improved product development, a focus on after-sales services, and cost-cutting measures aimed at operational efficiency. In the aftermarket segment, competition primarily arises from large, well-established national and global competitors, with some regional and local companies also playing a role in certain markets.

Wilo, a leading provider of pumps and pump systems for the building services, water management, and industrial sectors, has positioned itself as one of the industry leaders. The company is expected to pursue an increased number of acquisitions in various countries and accelerate the implementation of digital transformation strategies. Franklin Electric, initially specializing in motor manufacturing, has expanded its operations to encompass systems and components for transporting water and fuels. The company sees opportunities for growth in the residential and industrial pumps markets in the Asia-Pacific (Asya Pasifik) region and European countries.

Key companies profiled in this report include Alfa Laval, WILO, Xylem, The Weir Group, Torishima, Sulzer, SPX FLOW, KSB, Kirloskar Brothers, Franklin Electric, Flowserve, DESMI, CIRCOR, Baker Hughes, Nikkiso, Arian Pumps, AR North America, Bosch Rexroth, CP Pumpen AG, Dover, Masdaf, Norm Hydrophore Pump, Sempa, Sumak Pump, Vesta Pump, Vansan, Samsun Makina Sanayi, Sahinler Submersible Pump, PUMPPORT, Jetox Pumps, Ebara, Grundfos, Global Pump, Haight Pumps, HERMETIC-Pumpen, Iwaki America, Klaus Union, Kracht, Leitritz Group, Naniwa Pump, Netzsch, Pentair, Roper Pumps, Ruhrpumpen, SEKO.

Cevaplanan Anahtar Sorular

What is the current market size of the global pumps market?

The current market size of the global pumps market is projected to reach USD 91.08 milyar tarafından 2027, compared to USD 71.87 milyar 2022.

What is the growth rate of the global pumps market?

The global pumps market is expected to experience a growth rate of 4.72% tahmin dönemi boyunca.

What are the factors driving the growth of the pump market?

The growth of the pump market is driven by factors such as the increasing demand for efficient and advanced technology and the implementation of wastewater treatment schemes.

What is the growth rate of the centrifugal pumps market?

The centrifugal pumps market is expected to grow at a CAGR of 5% tahmin dönemi boyunca.