Industrial Pumps Global Market Report 2024

Global Industrial Pumps Market Report 2024

Industrial Pumps Global Market Report 2024 – By Product (Centrifugal Pump, Positive Displacement Pump, Other Products), By Position (Submersible, Non-Submersible), By Driving Force (Engine Driven, Electrical Driven), By Application (Oil And Gas, Chemicals, Construction, Power Generation, Water And Wastewater, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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Industrial Pumps Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Industrial Pumps Market Definition

Industrial pumps refer to an equipment that is designed to move fluids by transforming mechanical energy absorbed from thermal, electric, or other motors into hydraulic energy. They are used in heavy-duty or harsh applications.

The main products of industrial pumps are centrifugal pumps, positive displacement pumps, and others. Centrifugal pumps are pumps that transport fuels by converting rotational kinetic energy to hydrodynamic energy, used for pumping water, organics, solvents, and oils. They can be fixed in submersible and non-submersible positions with a driving force of engine and electrical driven used for various applications such as oil and gas, chemicals, construction, power generation, water and wastewater, and others.

Industrial Pumps Market Segmentation

The industrial pumps market covered in this report is segmented –

1) By Product: Centrifugal Pump, Positive Displacement Pump, Other Products

2) By Position: Submersible, Non-Submersible

3) By Driving Force: Engine Driven, Electrical Driven

4) By Application: Oil And Gas, Chemicals, Construction, Power Generation, Water And Wastewater, Other Applications

Global Industrial Pumps Market Size 2023 to 2028: Graph

Industrial Pumps Market Size 2024 And Growth Rate

The industrial pumps market size has grown strongly in recent years. It will grow from $64.82 billion in 2023 to $68.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to emergence of hygiene and food safety standards, expansion of agriculture and irrigation, urbanization and construction boom, chemical and petrochemical sector growth.

Industrial Pumps Market Growth Forecast

The industrial pumps market size is expected to see strong growth in the next few years. It will grow to $87.15 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to adoption of IoT for pump performance optimization, market expansion in developing regions, expansion of pump applications in oil and gas, growing role of pumps in renewable energy, rise in demand for industrial processing pumps. Major trends in the forecast period include industry 4.0 integration, energy efficiency initiatives, strategic partnership, smart pump technologies, customization and modular designs.

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Industrial Pumps Market Driver: Surge In Construction Activities Fuels Expansion Of Industrial Pumps Market Globally

An increase in construction activities is expected to propel the industrial pumps market growth going forward. Construction activities refer to the installation and assembling activities associated with land-disturbing activities to develop infrastructure and structures. Industrial pumps are used in construction to remove the excess water on the site accumulated due to high water tables or heavy rain, so an increase in construction activities will propel the market. For instance, according to Marsh, a US-based professional services firm, the residential construction activity was the fastest growing sector globally at 7.1% in 2021, and further construction of infrastructure grew at a rate of 6.8% in 2021. Therefore, an increase in construction activities is driving the growth of the industrial pumps market.

Industrial Pumps Market Driver: Surging Oil And Gas Industry Drives Growth In Global Industrial Pump Market

The rise in the oil and gas industry is expected to propel the growth of the industrial pump market going forward. The oil and gas industry involves the exploration, extraction, refining, and distribution of petroleum and natural gas resources for use in various energy and industrial applications, playing a crucial role in global energy supply and economic development. The oil and gas industry relies heavily on a diverse range of industrial pumps to keep the flow of resources going. These pumps operate at various stages of the oil and gas lifecycle, from exploration and production to transportation and refining. For instance, in September 2023, according to statistics of government revenues by a UK-based government department, total government revenues from UK oil and gas production were $1.79 billion (£1.4 billion) in the tax year 2021–2022, compared to $0.38 billion (£0.3 billion) in the previous year, an increase of $1.28 billion (£1.1 billion). Therefore, the rise in the oil and gas industry is driving the growth of the industrial pumps market.

Global Industrial Pumps Market Major Players

Major companies operating in the industrial pumps market report are Schlumberger Limited, Baker Hughes Company, Atlas Copco, Xylem Inc., Regal Beloit Corporation, Worthington Industries, Alfa Laval AB, EBARA International Corporation, Pentair PLC., Idex Corporation, Grundfos Holding A/S, The Weir Group PLC., Sulzer Ltd.., ITT Inc., KSB SE &Co. KGaA, Wilo SE, SPX Flow Inc., Nikkiso Co. Ltd., Kirloskar Brothers Limited, Flowserve Corporation, Gorman-Rupp Company, Tsurumi Manufacturing Co. Ltd., Sundyne LLC, Iwaki Co. Ltd., HMS Group, PumpWorks Inc., LEWA GmbH, ClydeUnion Pumps, Vertiflo Pump Company, PPI Pumps Pvt. Ltd., Hayward Tyler Group Ltd., Parker Hannifin Corporation, SPP Pumps Limited, CRI Pumps Pvt. Ltd.

Global Industrial Pumps Market Trend: Industrial Pump Market Witnesses Surge In Technological Advancements

Product innovation is a key trend gaining popularity in the industrial pumps market. Major companies operating in the industrial pumps market are focused on developing new technological solutions to strengthen their position. For instance, in March 2022, Vogelsang GmbH & Co. KG, a Germany-based highly engineered equipment producer, developer, and distributor launched highly efficient rotary lobe pumps. These are uniquely designed for extreme conditions and constant high-pressure performance suitable for oil and gas industry applications. It is one of a kind pumps in the market that has a heavy-duty gearbox that allows constant pressure output of 18 bar and temperature tolerance of up to 200° C.

Global Industrial Pumps Market Trend: Innovative Technologies Reshape Industrial Pump Landscape With Advanced Submersible Recirculation Solutions

Major companies operating in the industrial pumps market are developing innovative products with advanced technologies such as submersible recirculation, to provider reliable services to customers. A submersible recirculation pump is a specific type of pump designed to operate completely submerged in a liquid and continuously move it within a closed loop or system. For instance, in January 2023, Sulzer, Switzerland- based industrial engineering and manufacturing firm launched an updated submersible recirculation pump with improved efficiency and performance, called the XRCP recirculation pump. The recently released line of XRCP recirculation pumps features design enhancements that resulted in a 20% boost in hydraulic efficiency. Design improvements that have increased motor efficiency, dependability, and optional condition monitoring capabilities are included in the XRCP pump line. The recirculation of activated sludge in denitrification processes is one of the many uses for this pump.

Industrial Pumps Market Merger And Acquisition:

Atlas Copco Bolsters Market Presence Through Acquisition Of Cpc Pumps International Inc.

In August 2021, Atlas Copco, a Swedish-based industrial tools, pumps, and equipment manufacturer acquired CPC Pumps International Inc. for an undisclosed amount. This acquisition of combined resources expanded and strengthened the market position of Atlas Copco by adding the complementary assets of CPC to the portfolio. CPC Pumps International Inc. is a Canada-based leader in manufacturing, designing, and testing industrial heavy-duty process pumps.

Regional Insights For The Global Industrial Pumps Market

Asia-Pacific was the largest region in the industrial pumps market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the industrial pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial pumps market consists of sales of booster pumps, piston pumps, screw pumps, axial flow pumps, and lobe pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The industrial pumps market is segmented into booster pumps, piston pumps, screw pumps, axial flow pumps, and other pumps.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The Industrial pumps market research report is one of a series of new reports from The Business Research Company that provides Industrial pumps market statistics, including Isopropyl alcohol industry global market size, regional shares, competitors with an Industrial pumps market share, detailed Industrial pumps market segments, market trends and opportunities, and any further data you may need to thrive in the Isopropyl alcohol industry. This Industrial pumps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Industrial Pumps Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$68.81 billion
Revenue Forecast In 2033	$87.15 billion
Growth Rate	CAGR of 6.1% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Product: Centrifugal Pump, Positive Displacement Pump, Other Products 2) By Position: Submersible, Non-Submersible 3) By Driving Force: Engine Driven, Electrical Driven 4) By Application: Oil And Gas, Chemicals, Construction, Power Generation, Water And Wastewater, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Schlumberger Limited; Baker Hughes Company; Atlas Copco; Xylem Inc.; Regal Beloit Corporation; Worthington Industries; Alfa Laval AB; EBARA International Corporation; Pentair PLC.; Idex Corporation; Grundfos Holding A/S; The Weir Group PLC.; Sulzer Ltd.; ITT Inc.; KSB SE &Co. KGaA; Wilo SE; SPX Flow Inc.; Nikkiso Co. Ltd.; Kirloskar Brothers Limited; Flowserve Corporation; Gorman-Rupp Company; Tsurumi Manufacturing Co. Ltd.; Sundyne LLC; Iwaki Co. Ltd.; HMS Group; PumpWorks Inc.; LEWA GmbH; ClydeUnion Pumps; Vertiflo Pump Company; PPI Pumps Pvt. Ltd.; Hayward Tyler Group Ltd.; Parker Hannifin Corporation; SPP Pumps Limited; CRI Pumps Pvt. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Industrial Pumps Market Characteristics

3. Industrial Pumps Market Trends And Strategies

4. Industrial Pumps Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Industrial Pumps Market Size and Growth

5.1. Global Industrial Pumps Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Industrial Pumps Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Industrial Pumps Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Industrial Pumps Market Segmentation

6.1. Global Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Centrifugal Pump

Positive Displacement Pump

Other Products

6.2. Global Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Submersible

Non-Submersible

6.3. Global Industrial Pumps Market, Segmentation By Driving Force, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Engine Driven

Electrical Driven

6.4. Global Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Oil And Gas

Chemicals

Construction

Power Generation

Water And Wastewater

Other Applications

7. Industrial Pumps Market Regional And Country Analysis

7.1. Global Industrial Pumps Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Industrial Pumps Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Industrial Pumps Market

8.1. Asia-Pacific Industrial Pumps Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Industrial Pumps Market

9.1. China Industrial Pumps Market Overview

9.2. China Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Industrial Pumps Market

10.1. India Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Industrial Pumps Market

11.1. Japan Industrial Pumps Market Overview

11.2. Japan Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Industrial Pumps Market

12.1. Australia Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Industrial Pumps Market

13.1. Indonesia Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Industrial Pumps Market

14.1. South Korea Industrial Pumps Market Overview

14.2. South Korea Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Industrial Pumps Market

15.1. Western Europe Industrial Pumps Market Overview

15.2. Western Europe Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Industrial Pumps Market

16.1. UK Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Industrial Pumps Market

17.1. Germany Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Industrial Pumps Market

18.1. France Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Industrial Pumps Market

19.1. Italy Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Industrial Pumps Market

20.1. Spain Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Industrial Pumps Market

21.1. Eastern Europe Industrial Pumps Market Overview

21.2. Eastern Europe Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Industrial Pumps Market

22.1. Russia Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Industrial Pumps Market

23.1. North America Industrial Pumps Market Overview

23.2. North America Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Industrial Pumps Market

24.1. USA Industrial Pumps Market Overview

24.2. USA Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Industrial Pumps Market

25.1. Canada Industrial Pumps Market Overview

25.2. Canada Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Industrial Pumps Market

26.1. South America Industrial Pumps Market Overview

26.2. South America Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Industrial Pumps Market

27.1. Brazil Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Industrial Pumps Market

28.1. Middle East Industrial Pumps Market Overview

28.2. Middle East Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Industrial Pumps Market

29.1. Africa Industrial Pumps Market Overview

29.2. Africa Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Industrial Pumps Market Competitive Landscape And Company Profiles

30.1. Industrial Pumps Market Competitive Landscape

30.2. Industrial Pumps Market Company Profiles

30.2.1. Schlumberger Limited

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Baker Hughes Company

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Atlas Copco

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Xylem Inc.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Regal Beloit Corporation

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Industrial Pumps Market Other Major And Innovative Companies

31.1. Worthington Industries

31.2. Alfa Laval AB

31.3. EBARA International Corporation

31.4. Pentair PLC.

31.5. Idex Corporation

31.6. Grundfos Holding A/S

31.7. The Weir Group PLC.

31.8. Sulzer Ltd..

31.9. ITT Inc.

31.10. KSB SE &Co. KGaA

31.11. Wilo SE

31.12. SPX Flow Inc.

31.13. Nikkiso Co. Ltd.

31.14. Kirloskar Brothers Limited

31.15. Flowserve Corporation

32. Global Industrial Pumps Market Competitive Benchmarking

33. Global Industrial Pumps Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Industrial Pumps Market

35. Industrial Pumps Market Future Outlook and Potential Analysis

35.1 Industrial Pumps Market In 2028 - Countries Offering Most New Opportunities

35.2 Industrial Pumps Market In 2028 - Segments Offering Most New Opportunities

35.3 Industrial Pumps Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Industrial Pumps Market, Segmentation By Driving Force, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Industrial Pumps Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Industrial Pumps Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Schlumberger Limited Financial Performance

Table 76: Baker Hughes Company Financial Performance

Table 77: Atlas Copco Financial Performance

Table 78: Xylem Inc. Financial Performance

Table 79: Regal Beloit Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Industrial Pumps Market, Segmentation By Driving Force, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Industrial Pumps Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Industrial Pumps Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Industrial Pumps Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Industrial Pumps Market, Segmentation By Position, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Industrial Pumps Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Schlumberger Limited Financial Performance

Figure 76: Baker Hughes Company Financial Performance

Figure 77: Atlas Copco Financial Performance

Figure 78: Xylem Inc. Financial Performance

Figure 79: Regal Beloit Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the industrial pumps market?

How will the industrial pumps market drivers and restraints affect the industrial pumps market dynamics? What forces will shape the industrial pumps industry going forward?

The industrial pumps market major growth driver - surge in construction activities fuels expansion of industrial pumps market globally. For further insights on the industrial pumps market, request a sample here

What is the forecast market size or the forecast market value of the industrial pumps market ?

The industrial pumps market size has grown strongly in recent years. It will grow from $64.82 billion in 2023 to $68.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to emergence of hygiene and food safety standards, expansion of agriculture and irrigation, urbanization and construction boom, chemical and petrochemical sector growth. The industrial pumps market size is expected to see strong growth in the next few years. It will grow to $87.15 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to adoption of IoT for pump performance optimization, market expansion in developing regions, expansion of pump applications in oil and gas, growing role of pumps in renewable energy, rise in demand for industrial processing pumps. Major trends in the forecast period include industry 4.0 integration, energy efficiency initiatives, strategic partnership, smart pump technologies, customization and modular designs. For further insights on the industrial pumps market, request a sample here

How is the industrial pumps market segmented?

The industrial pumps market is segmented
1) By Product: Centrifugal Pump, Positive Displacement Pump, Other Products
2) By Position: Submersible, Non-Submersible
3) By Driving Force: Engine Driven, Electrical Driven
4) By Application: Oil And Gas, Chemicals, Construction, Power Generation, Water And Wastewater, Other ApplicationsFor further insights on the industrial pumps market, request a sample here

Which region has the largest share of the industrial pumps market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the industrial pumps market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the industrial pumps market, request a sample here.

Who are the major players in the industrial pumps market?

What are the key trends in the industrial pumps market?

Major trend in the industrial pumps market - innovative technologies reshape industrial pump landscape with advanced submersible recirculation solutions. For further insights on the industrial pumps market, request a sample here.

What are the major opportunities in the industrial pumps market? What are the strategies for the industrial pumps market?

For detailed insights on the major opportunities and strategies in the industrial pumps market, request a sample here.

How does the industrial pumps market relate to the overall economy and other similar markets?

For detailed insights on industrial pumps market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the industrial pumps industry?

For detailed insights on the mergers and acquisitions in the industrial pumps industry, request a sample here.

What are the key dynamics influencing the industrial pumps market growth? SWOT analysis of the industrial pumps market.

For detailed insights on the key dynamics influencing the industrial pumps market growth and SWOT analysis of the industrial pumps industry, request a sample here.