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Industrial Pumps - Global Market Trajectory & Analytics

  • ID: 5303419
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AR North America
  • Desmi A/S
  • Global Pump
  • Hermetic-Pumpen GmbH
  • Klaus Union
  • SEKO S.p.A
Global Industrial Pumps Market to Reach $93.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Industrial Pumps estimated at US$63.7 Billion in the year 2020, is projected to reach a revised size of US$93.3 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027. Centrifugal, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$57.7 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 6.3% CAGR for the next 7-year period.





The U.S. Market is Estimated at $17.2 Billion, While China is Forecast to Grow at 9.2% CAGR

The Industrial Pumps market in the U.S. is estimated at US$17.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.3 Billion by the year 2027 trailing a CAGR of 9.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Other Types Segment to Record 4.7% CAGR

In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 4.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6.2 Billion in the year 2020 will reach a projected size of US$8.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$12.8 Billion by the year 2027, while Latin America will expand at a 5.1% CAGR through the analysis period.

Select Competitors (Total 36 Featured):
  • AR North America
  • Colfax Corporation
  • CP Pumpen AG
  • Desmi A/S
  • Flowserve Corporation
  • Franklin Electric
  • Global Pump
  • Grundfos
  • Haight Pumps
  • Hermetic-Pumpen GmbH
  • ITT Inc.
  • Iwaki America Inc.
  • Klaus Union
  • Kracht Corp.
  • Roper Technologies, Inc.
  • SEKO S.p.A
  • SPECK Pumpen Verkaufsgesellschaft GmbH
  • SPX Flow
  • Sulzer Ltd.
  • Summit Pump, Inc.
  • Vaughan Company
Frequently Asked Questions about the Global Market for Industrial Pumps

What is the estimated value of the Global Market for Industrial Pumps?

The Global Market for Industrial Pumps was estimated to be valued at $63.7 Billion in 2020.

What is the growth rate of the Global Market for Industrial Pumps?

The growth rate of the Global Market for Industrial Pumps is 5.6%, with an estimated value of $93.3 Billion by 2027.

What is the forecasted size of the Global Market for Industrial Pumps?

The Global Market for Industrial Pumps is estimated to be worth $93.3 Billion by 2027.

Who are the key companies in the Global Market for Industrial Pumps?

Key companies in the Global Market for Industrial Pumps include AR North America, Colfax Corporation, CP Pumpen AG, Desmi A/S, Flowserve Corporation, Franklin Electric, Global Pump, Grundfos and Hermetic.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AR North America
  • Desmi A/S
  • Global Pump
  • Hermetic-Pumpen GmbH
  • Klaus Union
  • SEKO S.p.A

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 36
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • AR North America
  • Colfax Corporation
  • CP Pumpen AG
  • Desmi A/S
  • Flowserve Corporation
  • Franklin Electric
  • Global Pump
  • Grundfos
  • Haight Pumps
  • Hermetic-Pumpen GmbH
  • ITT Inc.
  • Iwaki America Inc.
  • Klaus Union
  • Kracht Corp.
  • Roper Technologies, Inc.
  • SEKO S.p.A
  • SPECK Pumpen Verkaufsgesellschaft GmbH
  • SPX Flow
  • Sulzer Ltd.
  • Summit Pump, Inc.
  • Vaughan Company
Note: Product cover images may vary from those shown