Pumps Market Report Scope & Overview:

The Pumps Market size was valued at USD 92.40 Bn in 2022 and is expected to reach USD 123.66 Bn by 2030 and grow at a CAGR of 3.71% over the forecast period 2023-2030.

Pumps are devices that employ mechanical action to transfer fluids (liquids or gases) and slurries. Pumps are categorized according to their functioning mechanism, although they all operate on the same concept of using energy and moving fluid by mechanical action. Pumps can be operated manually or with the help of electricity Apart from the many industries where pumps are used, such as agriculture, pharmaceuticals, chemicals, and others, the primary application sector that is driving the pumps market revenue is oil and gas.

Pumps Market Revenue Analysis

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Pumps are growing more crucial as infrastructure and other key functions such as wastewater treatment and energy generation become more developed. Furthermore, the number of end-user applications has grown in recent years, and the worldwide pumps market value is expected to grow in tandem with the oil and gas industry's continued rise. Pumps employ kinetic energy, which can originate from wind power, electricity, and a number of other sources, particularly in industries, to move fluid.



  • Water conservation and wastewater treatment improvements.

  • Increased industrial activity and infrastructural renovation.

  • Agricultural Sector Development.


  • Heavy losses in the agricultural sector were unexpected.

  • Raw material costs that fluctuate.


  • Increased awareness of the importance of producing energy-efficient goods

  • Many small pump manufacturers are actively offering excellent alternatives at competitive prices.


  • Chemical assaults and a constant flow of chemicals via the pumps drastically diminish the pumps' lifetime.

  • Market participants are not working on new products.


The pandemic has had an impact on various industries, slowing down production and supply lines. To combat the epidemic, the governments of the countries have enforced lockdown and limited movement. As a result of poor demand, the majority of end-users have lost a considerable portion of their revenue in recent years.


In 2028, the demand for stationary pumps is expected to be higher. The category will rise due to increasing industrial operations, particularly in the Asia Pacific. Pumps are also used in sewage pumping stations, municipal and industrial wastewater treatment plants, building wastewater treatment systems, hospitals, schools, and communities, among other places. By 2028, the market for submersible pumps is expected to grow at a positive rate. Because single-stage centrifugal pumps are used extensively for irrigation, drainage, general industrial pumping, sewage pumping, and slurry pumping. Electrical Submersible Pumps are the name for these electrically operated pumps (ESP). To get the fluid out, the submersible applies direct pressure via the pipe or hose.

In terms of volume, the engine-driven pumps market is expected to grow at a positive rate in 2028. Engine-driven pumps can be controlled by a portable running engine that runs on diesel or gasoline. These are widely utilized on construction sites and in isolated places because of their portability. Engine-driven pumps come in a variety of designs, each tailored to specific power and pressure need, and are used to safely transport fluids and chemicals. Many lightweight pumps, for example, are intended to pump water, while others may pump slurries. By 2028, the market for centrifugal pumps is expected a positive growth. Centrifugal pumps are intended to transfer fluid via impellers using mechanical forces. Fluids are subjected to shear stress and are guided towards the exit by rotating impellers.


On The Basis of Type

  • Portable

  • Stationary

On The Basis of Position

  • Submersible

  • Non-submersible

On The Basis of Driving Force

  • Engine-Driven

  • Electric-Driven

On The Basis of Technology

  • Dynamic Pumps 

    • Centrifugal

    • Others

  • Positive Displacement Pump

    • Rotary

    • Gear

    • Vane

    • Screw

    • Others

  • Reciprocating  

    • Diaphragm

    • Piston/Plunger 

On The Basis of End User

  • Mining

  • Building & construction

  • Oil & Gas

  • General industries

  • Water & wastewater treatment

  • Chemicals

  • Power generation

Pumps Market Segmentation Analysis

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Pump industry expansion in the United States has been boosted by rapid infrastructure construction. Additionally, in order to operate in the next years, the water, wastewater treatment, and energy conservation systems will require significant investment. In addition, the country intends to upgrade existing water treatment systems in ageing residential and commercial buildings. Pump market growth is predicted to be attributed to increased infrastructure development across the country. In the year 2021, Asia-Pacific is actively interested in developing its countries, and it is predicted to have a larger market in the foreseeable year. In nations like China, India, and Brazil, the introduction of infrastructure development projects has encouraged water treatment, building, and power production operations. Pump Market growth has been ascribed to such causes.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major key players are Aqua Group, Best Engineers Pumps, Commitment Reliability Innovation (C.R.I), CNP Pumps, Deccan, Duke Plasto Technique, ELLEN, Endura Pumps, Falcon Pumps, Grundfos and Other Players

Best Engineers Pumps-Company Financial Analysis

Pumps Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 92.40  Billion
Market Size by 2030 US$ 123.66 Billion
CAGR CAGR 3.71% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Portable and Stationary)
• by Position (Submersible and Non-submersible)
• by Driving Force (Engine-Driven and Electric-Driven)
• by Technology (Dynamic Pumps, Positive Displacement Pump, Reciprocating)
• by End User (Mining, Building & Construction, Oil & Gas, General industries, Water & wastewater treatment, Chemicals, Power generation)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Aqua Group, Best Engineers Pumps, Commitment Reliability Innovation (C.R.I), CNP Pumps, Deccan, Duke Plasto Technique, ELLEN, Endura Pumps, Falcon Pumps, and Grundfos.
Key Drivers •Increased industrial activity and infrastructural renovation.
•Agricultural Sector Development.
Restraints •Heavy losses in the agricultural sector were unexpected.
•Raw material costs that fluctuate.

Frequently Asked Questions

Ans: - Pumps Market Size was valued at USD 89.10 Bn in 2021.

Ans: - Water conservation and wastewater treatment improvements.

Ans: - 5 segments of the Smart Air Purifier Market.

Ans: - The major key players are Aqua Group, Best Engineers Pumps, Commitment Reliability Innovation (C.R.I), CNP Pumps, Deccan, Duke Plasto Technique, ELLEN, Endura Pumps, Falcon Pumps, and Grundfos.


Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.

Table of Contents


1. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Pumps Market Segmentation, by Type

8.1 Portable

8.2 Stationary

9. Pumps Market Segmentation, by Position

9.1 Submersible

9.2 Non-submersible

10. Pumps Market Segmentation, by Driving Force



11. Pumps Market Segmentation, by Technology

11.1 Dynamic Pumps 

11.1.1 Centrifugal

11.1.2 Others

11.2 Positive Displacement Pump

11.2.1 Rotary

11.2.2 Gear

11.2.3 Vane

11.2.4 Screw

11.2.5 Others

11.3 Reciprocating  

11.3.1 Diaphragm

11.3.2 Piston/Plunger 

12. Pumps Market Segmentation, by End-user

12.1 Mining

12.2 Building & construction

12.3 Oil & Gas

12.4 General industries

12.5 Water & wastewater treatment

12.6 Chemicals

12.7 Power generation

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

14. Company Profiles

14.1 Aqua Group

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Best Engineers Pumps

14.3 Commitment Reliability Innovation (C.R.I)

14.4 CNP Pumps

14.5 Deccan

14.6 Duke Plasto Technique

14.7 ELLEN

14.8 Endura Pumps

14.9 Falcon Pumps

14.10 Grundfos

15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share Analysis

15.3 Recent Developments

16. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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