Pumps Market by Region: Where Growth Is Happening Now
A recently released report by Mordor Intelligence analyzes
the “Pumps Market Size,” highlighting key developments, market growth, and
expected trends through 2030. The Pumps
Market is projected to be valued at USD 68.27 billion in 2025 and is
anticipated to grow to USD 86.10 billion by 2030, registering a CAGR of 5.45%
over the forecast period (2025–2030)
Market Overview
The global pumps industry continues to demonstrate
resilience and adaptability, evolving to meet the needs of sectors such as
water and wastewater, oil and gas, power generation, and manufacturing. With
increasing demand for energy-efficient systems, the market is experiencing
steady innovation in both product design and application strategy.
As infrastructure modernization and environmental
sustainability take center stage, the pumps market is being reshaped by
stringent regulations, digital monitoring solutions, and a growing emphasis on
lifecycle efficiency.
Get Full Report Details: https://www.mordorintelligence.com/industry-reports/pumps-market?utm_source=blogger Key Trends:
Growth in the water and wastewater segment: Driven by urban
population growth and water scarcity issues, governments and industries are
investing in water treatment infrastructure. This is creating consistent demand
for centrifugal and submersible pumps.
Shift toward energy-efficient pumps: Regulatory pressure and
high operational costs are pushing end users to adopt energy-saving
technologies such as variable frequency drives (VFDs) and smart pumps.
Digital integration and remote monitoring: The adoption of
IoT-enabled pumps allows predictive maintenance and real-time performance
tracking, reducing downtimes and enhancing productivity.
Demand from the oil & gas sector: While volatile, the
sector remains a significant consumer of high-performance pumps, especially in
upstream and midstream applications, where reliability and pressure handling
are key.
Rise in HVAC and building automation: Pumps used in heating,
ventilation, and air conditioning systems are in greater demand as commercial
and residential construction recovers.
Major global players include:
- Grundfos
- Xylem
Inc.
- Flowserve
Corporation
- Sulzer
Ltd.
- KSB SE
& Co. KGaA
- Ebara
Corporation
- ITT
Inc.
Conclusion
The global pumps market is set to witness consistent demand
across sectors, with strong contributions from water infrastructure, industrial
upgrades, and environmental compliance needs. As digital technology and energy
efficiency continue to redefine industrial standards, manufacturers who adapt
quickly and invest in R&D are likely to lead the way.
For a detailed overview and more insights, you can refer to
the full market research report by Mordor Intelligence: Pumps
Market Size & Share Analysis - Industry Research Report - Growth Trends
2030
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contact:
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https://www.mordorintelligence.com/
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