Industrial Pump Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Industrial Pumps Market Manufacturers and the Market is Segmented by Type (Centrifugal Pump, Reciprocating Pump, Rotary Pump, and Other Pump Types), End-User Industry (Oil and Gas, Water and Wastewater, Chemicals and Petrochemicals, Mining, Power Generation, and Other End-User Industries), and Geography (North America, Asia-Pacific, Europe, South America, and Middle-East and Africa).

Industrial Pumps Market Size

Compare market size and growth of Industrial Pump Market with other markets in Technology, Media and Telecom Industry

Industrial Pumps Market Analysis

The Industrial Pump Market size is estimated at USD 48.12 billion in 2025, and is expected to reach USD 60.54 billion by 2030, at a CAGR of 4.70% during the forecast period (2025-2030).

  • Over the medium period, factors like the increasing demand for power, oil, and gas projects are expected to create demand for industrial pumps during the forecast period.
  • On the other hand, stringent government regulations and policies to reduce carbon emissions will likely hurt the oil and gas industry, restricting market growth.
  • Nevertheless, the technological development, which has rendered deepwater and ultra-deepwater exploration feasible and cost-effective, is expected to increase oil production over the forecast period. It can provide an opportunity for market growth during the forecast period.
  • Asia-Pacific was the dominant region in the market in 2022, owing to factors like increasing industrialization, population, and refining capacity.

Industrial Pumps Industry Overview

The industrial pump market is fragmented due to many companies operating in the industry. Key players in this market (in no particular order) include Flowserve Corporation, Grundfos Holding AS, KSB AG, ITT Inc., Sulzer Ltd, and Weir Group PLC, among others.

Industrial Pumps Market Leaders

  1. Flowserve Corporation

  2. Grundfos Holding A/S

  3. KSB AG

  4. Sulzer Ltd

  5. Weir Group PLC,

  6. *Disclaimer: Major Players sorted in no particular order
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Industrial Pumps Market News

  • February 2023: EBARA Corporation successfully developed one of the world's first liquid hydrogen booster pumps for hydrogen power generation, consistent with the global expansion of the hydrogen market.
  • January 2023: Sulzer launched an updated submersible recirculation pump with improved efficiency and performance. The latest range of recirculation pumps includes design changes that have delivered a hydraulic efficiency increase of 20% point improvement. In addition, the Premium Efficiency drive motors have a new range-topping 25 kW unit to increase performance for larger applications. The efficiency gains have been achieved by improving the propeller design and reducing clearances between the propeller and the shroud.
  • June 2022: Flowserve Corporation announced that it secured a contract to provide pumps to TMGcore, Inc., a Texas-based leading service provider of high-performance computing solutions with expertise in liquid immersion cooling technology. A critical component of immersion-cooled units includes commercial-grade pumps that allow movement and recirculation of fluid.

Industrial Pump Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast, in USD billion, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Increasing Petrochemical Industries In Middle East & African Region
    • 4.5.1.2 Increasing Industrialization Across the World
    • 4.5.2 Restraints
    • 4.5.2.1 Stringent Government Regulations and Policies to Reduce Carbon Emissions
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Centrifugal Pump
    • 5.1.2 Reciprocating Pump
    • 5.1.3 Rotary Pump
    • 5.1.4 Other Pump Types
  • 5.2 End-user Industry
    • 5.2.1 Oil and Gas
    • 5.2.2 Water and Wastewater
    • 5.2.3 Chemicals and Petrochemicals
    • 5.2.4 Mining
    • 5.2.5 Power Generation
    • 5.2.6 Other End-user Industries
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States of America
    • 5.3.1.2 Canada
    • 5.3.1.3 Rest of the North America
    • 5.3.2 Asia-Pacific
    • 5.3.2.1 India
    • 5.3.2.2 China
    • 5.3.2.3 South Korea
    • 5.3.2.4 Rest of the Asia-Pacific
    • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 France
    • 5.3.3.4 Italy
    • 5.3.3.5 Rest of the Europe
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of the South America
    • 5.3.5 Middle-East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 Iraq
    • 5.3.5.4 Rest of the Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Flowserve Corporation
    • 6.3.2 Grundfos Holding AS
    • 6.3.3 KSB AG
    • 6.3.4 ITT Inc.
    • 6.3.5 Sulzer Ltd
    • 6.3.6 Ebara Corp.
    • 6.3.7 Weir Group PLC
    • 6.3.8 Schlumberger Ltd
    • 6.3.9 Baker Hughes Company
    • 6.3.10 Clyde Union Inc.
    • 6.3.11 Dover Corporation
    • 6.3.12 SPP Pumps Inc.
    • 6.3.13 Wilo Mather & Platt Pumps Pvt. Ltd
    • 6.3.14 Xylem Inc.
    • 6.3.15 General Electric Company
    • 6.3.16 SPX Flow Inc.
    • 6.3.17 Danfoss AS
    • 6.3.18 Ruhrpumpen Group (A Corporacion EG Company)
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Research, Development and Innovation in Technology to Increase Productivity
**Subject to Availability
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Industrial Pumps Industry Segmentation

A pump uses mechanical action to transport liquid substances. Pumping uses for industrial pumps include well water pumping, aquarium filtration, pond filtration, water cooling, and fuel injection in the automotive sector and oil and gas operations in the energy business.

The industrial pump market is segmented by type, end-user industry, and geography. The market is segmented by type into centrifugal pump, reciprocating pump, rotary pump, and other pump types. The market is segmented by end-users into oil and gas, water and wastewater, chemicals and petrochemicals, mining, power generation, and other end-user industries. The report also covers the market size and forecasts for the industrial pump market across major regions. The market sizing and forecasts have been done for each segment based on revenue (USD).

Type Centrifugal Pump
Reciprocating Pump
Rotary Pump
Other Pump Types
End-user Industry Oil and Gas
Water and Wastewater
Chemicals and Petrochemicals
Mining
Power Generation
Other End-user Industries
Geography North America United States of America
Canada
Rest of the North America
Asia-Pacific India
China
South Korea
Rest of the Asia-Pacific
Europe Germany
United Kingdom
France
Italy
Rest of the Europe
South America Brazil
Argentina
Rest of the South America
Middle-East and Africa United Arab Emirates
Saudi Arabia
Iraq
Rest of the Middle-East and Africa
Type
Centrifugal Pump
Reciprocating Pump
Rotary Pump
Other Pump Types
End-user Industry
Oil and Gas
Water and Wastewater
Chemicals and Petrochemicals
Mining
Power Generation
Other End-user Industries
Geography
North America United States of America
Canada
Rest of the North America
Asia-Pacific India
China
South Korea
Rest of the Asia-Pacific
Europe Germany
United Kingdom
France
Italy
Rest of the Europe
South America Brazil
Argentina
Rest of the South America
Middle-East and Africa United Arab Emirates
Saudi Arabia
Iraq
Rest of the Middle-East and Africa
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Industrial Pump Market Research Faqs

How big is the Industrial Pump Market?

The Industrial Pump Market size is expected to reach USD 48.12 billion in 2025 and grow at a CAGR of 4.70% to reach USD 60.54 billion by 2030.

What is the current Industrial Pump Market size?

In 2025, the Industrial Pump Market size is expected to reach USD 48.12 billion.

Who are the key players in Industrial Pump Market?

Flowserve Corporation, Grundfos Holding A/S, KSB AG, Sulzer Ltd and Weir Group PLC, are the major companies operating in the Industrial Pump Market.

Which is the fastest growing region in Industrial Pump Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Industrial Pump Market?

In 2025, the Asia Pacific accounts for the largest market share in Industrial Pump Market.

What years does this Industrial Pump Market cover, and what was the market size in 2024?

In 2024, the Industrial Pump Market size was estimated at USD 45.86 billion. The report covers the Industrial Pump Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Industrial Pump Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Industrial Pump Industry Report

Statistics for the 2025 Industrial Pump market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Industrial Pump analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Industrial Pump Market Report Snapshots