The North America pumps market was valued at USD 16.40 Billion in 2024. The market is further projected to grow at a CAGR of 3.00% between 2025 and 2034, reaching a value of USD 22.04 Billion by 2034.
According to the North America pumps market analysis, advances in horizontal drilling and hydraulic fracturing technologies have increased the United States' well productivity, enabling operators to extract more crude oil from new wells while maintaining the production of legacy wells. Pumps play a vital role in the oil and gas sector. They handle the transportation of the desired oil and gas product downstream and ensure the disposal of unwanted products produced by oil and gas wells. High-pressure (mobile) pumps are used in the well bore for the fracturing, stimulating, and cementing stages.
In the United States, wastewater treatment facilities process around 34 billion gallons of wastewater, annually. As per the North America pumps market report, centrifugal pumps are commonly deployed in wastewater treatment applications to produce enough velocity to move liquids through the system. These pumps can be easily installed and maintained. Pumps are also crucial components in the chemical manufacturing sector to transfer corrosive chemicals, acids, and alkalis.
Canada is a global mining powerhouse producing around 60 types of metals and minerals. The country possesses extensive mining expertise with 90% of the world's leading mining companies operating in the country. Consequently, the country aids the demand for slurry pumps for the mining and mineral processing sectors to transport corrosive and abrasive tailings, minerals, ore, and slurries.
According to the North America pumps market analysis, advances in horizontal drilling and hydraulic fracturing technologies have increased the United States' well productivity, enabling operators to extract more crude oil from new wells while maintaining the production of legacy wells. Pumps play a vital role in the oil and gas sector. They handle the transportation of the desired oil and gas product downstream and ensure the disposal of unwanted products produced by oil and gas wells. High-pressure (mobile) pumps are used in the well bore for the fracturing, stimulating, and cementing stages.
In the United States, wastewater treatment facilities process around 34 billion gallons of wastewater, annually. As per the North America pumps market report, centrifugal pumps are commonly deployed in wastewater treatment applications to produce enough velocity to move liquids through the system. These pumps can be easily installed and maintained. Pumps are also crucial components in the chemical manufacturing sector to transfer corrosive chemicals, acids, and alkalis.
Canada is a global mining powerhouse producing around 60 types of metals and minerals. The country possesses extensive mining expertise with 90% of the world's leading mining companies operating in the country. Consequently, the country aids the demand for slurry pumps for the mining and mineral processing sectors to transport corrosive and abrasive tailings, minerals, ore, and slurries.
Market Segmentation
North America Pumps Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:Market Breakup by Type:
- Centrifugal Pumps
- Positive Displacement Pumps
Market Breakup by End Use:
- Oil and Gas
- Water and Wastewater
- Chemicals and Petrochemicals
- Mining Industry
- Power Generation
- Others
Market Breakup by Country:
- United States of America
- Canada
Competitive Landscape
The key players in the pumps market in North America are producing high-quality pumps to help the end-use sectors efficiently transport materials such as oil and gas, minerals, water, and chemicals.- ITT Inc.
- Ebara Corporation
- Flowserve Corporation
- Grundfos Holding A/S
- KSB Limited
- Sulzer AG
- The Weir Group PLC
- Schlumberger Limited
- Baker Hughes Company
- Xylem
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Pumps Market Overview
6 North America Pumps Market Overview
7 North America Pumps Market by Type
8 North America Pumps Market by End Use
9 North America Pumps Market by Country
10 Market Dynamics
11 Trade Data Analysis (HS Code - 84135, 841370)
12 Competitive Landscape
Companies Mentioned
- ITT Inc.
- Ebara Corporation
- Flowserve Corporation
- Grundfos Holding A/S
- KSB Limited
- Sulzer AG
- The Weir Group PLC
- Schlumberger Limited
- Baker Hughes Company
- Xylem
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 122 |
Published | May 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 16.4 Billion |
Forecasted Market Value ( USD | $ 22.04 Billion |
Compound Annual Growth Rate | 3.0% |
Regions Covered | North America |
No. of Companies Mentioned | 10 |