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Heavy-duty Pumps - Global Market Trajectory & Analytics

  • ID: 4805575
  • Report
  • April 2021
  • Region: Global
  • 281 pages
  • Global Industry Analysts, Inc
Global Heavy-duty Pumps Market to Reach $17.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Heavy-duty Pumps estimated at US$13.5 Billion in the year 2020, is projected to reach a revised size of US$17.6 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027. Centrifugal, one of the segments analyzed in the report, is projected to record 4% CAGR and reach US$15 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Positive Displacement segment is readjusted to a revised 2.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 6.9% CAGR

The Heavy-duty Pumps market in the U.S. is estimated at US$3.6 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 2.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Select Competitors (Total 47 Featured):
  • Alfa Laval AB
  • Baker Hughes, a GE company
  • Ebara Corporation
  • Flowserve Corporation
  • Gardner Denver, Inc.
  • General Electric Company
  • Grundfos Holding A/S
  • Ingersoll-Rand PLC
  • ITT Corporation
  • KSB AG
  • Metso Corporation
  • Sulzer Ltd.
  • Weir Group PLC
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • World Market Trajectories
  • Product Overview
  • Heavy-duty Pumps: A Prelude
  • Impact of Covid-19 and a Looming Global Recession
  • Heavy-duty Pumps Top Vendors
  • Innovations and Challenges
  • Recent Product Launches

  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown