Press release
Smart Pumps & Mega Projects Propel Global Pump Market Toward USD 81.6 Billion by 2030 - Exclusive Research Report by Arizton
Global Pump Market Research Report by Arizton
According to Arizton's latest research, the global pump market [https://www.arizton.com/market-reports/pump-market-size-analysis] is on track to reach USD 81.62 billion by 2030, expanding at a CAGR of 4.69% during 2024-2030. This steady growth is fueled by booming infrastructure investments, growing urbanization, and the rising adoption of energy-efficient, IoT-enabled smart pumping solutions across industries.
Modern end-user industries increasingly demand pumps with variable-speed drives, advanced impeller designs, and corrosion-resistant materials to meet stricter global regulations for energy use and water conservation. North America and Europe lead these technological shifts, while emerging economies are catching up fast.
Looking for More Information? Click: [https://www.arizton.com/market-reports/pump-market-size-analysis]
Report Scope:
Market Size (2030): USD 81.62 Billion
Market Size (2024): USD 62 Billion
CAGR (2024-2030): 4.69%
Historic Year: 2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Largest Region (2024): APAC
Fastest-Growing Region: Middle East & Africa
Market Segmentation: Operation, Product, Centrifugal Pump, Reciprocating Pump, Rotary Pump, End-User, Industrial, And Geography
Geographic Analysis: North America, Europe, APAC, Latin America, And Middle East & Africa
Global Pump Market: Driving Infrastructure, Energy & Water Security
Pumps are fundamental to infrastructure, ensuring clean water, flood control, and reliable energy. Governments worldwide are securing pump demand through large-scale, long-term investments. India's $2.35 trillion National Infrastructure Pipeline alone supports over 13,000 projects, boosting demand for submersible, booster, and irrigation pumps. Institutions like the African Development Bank also drive progress in Senegal, AfDB funding has upgraded treatment plants and installed electric pumps, expanding clean water access for over a million people.
In the energy sector, reversible pump-turbines help balance grids and manage peak loads. Indonesia's Java-Bali Pumped Storage project, backed by $610 million from the World Bank and AIIB, will add 1,040 MW of capacity. Similarly, initiatives such as China's Belt & Road water grid, with over 300 planned facilities, highlight how pumps strengthen irrigation, flood control, and urban supply, powering sustainable growth and steady market expansion worldwide.
Recent Market Activities
* In March 2025, Grundfos patented a next-generation DDA smart digital dosing TM pump. These pumps are designed to help industries, building owners, and utilities create a more sustainable future, providing steady, consistent chemical dosing for rigorous applications.
* In 2025, Flowserve unveiled the world's first Sealless pump. These pumps are the world's only magnetic drive pumps that are double hermetically sealed and feature a secondary independent containment system to reduce impact from failures.
* In October 2024, Atlas Copco acquired Dutch specialist Pomac BV in the field of hygienic pumps to gain a better foothold in the food and pharmaceutical industries.
IoT-Enabled Smart Pumps Drive Operational Excellence, Lower Costs, and Support Net Zero Targets
Smart pumps with embedded sensors and intelligent controls automatically adjust speed and flow to match demand, cutting energy use by 20%-50% versus fixed-speed units. Cloud platforms like GrundfosGO/GRM and SiemensMindSphere stream real-time data, including vibration, pressure, and temperature for remote diagnostics and full operational visibility.
Using IoT and predictive maintenance, operators can detect early wear or faults, reducing maintenance costs by up to 30% and avoiding costly downtime. In water and wastewater networks, smart pumps help optimize pressure, detect leaks or blockages, and ensure compliance with environmental standards. In oil, gas, and chemical plants, IoT-enabled systems ensure safe operations in remote or hazardous sites, cutting field visits and supporting continuous production. Overall, smart pumping solutions can reduce total cost of ownership by 15%-40%.
APAC Powers Ahead: Pump Market Growth Surges on Mega Projects
In 2024, the APAC region led the global pump market, with China alone driving nearly 38% of total revenues thanks to rapid industrial growth and mega infrastructure projects across China, India, and Southeast Asia. Demand for efficient water supply, HVAC, and industrial pumps is soaring as sectors like construction, mining, and food processing modernize operations.
North America's pump market stays strong, with leaders like Xylem and Flowserve powering oil & gas, municipal water, and construction projects under tight energy norms. Europe's advanced factories and tough environmental directives push steady growth led by Germany, the UK, and France. Latin America, led by Brazil and Mexico, sees rising investments in waste treatment and oil exploration, while MEA gains momentum through large desalination and municipal water initiatives to tackle rising water needs.
Innovation, Expansion, and Trust: Global Pump Leaders Set the Pace
The global pump market thrives on a strong mix of multinational and regional players supplying vital solutions for water treatment, oil & gas, chemicals, and construction, all driven by booming infrastructure and rapid urbanization. Industry leaders are raising the bar with IoT-enabled monitoring, predictive maintenance, digital controls, and high-efficiency pump designs that cut energy costs and meet rising environmental standards.
Proven performance, strong supply chains, and reliable on-time delivery build trust with customers worldwide.
To sharpen service and lead times, manufacturers are expanding regionally, KSB recently launched new plants in Vietnam, while Xylem strengthened its network with a new service center in Mexico. Backed by continuous R&D in sustainable and renewable-ready pump technologies, these global players stay ahead on price and innovation, creating solid barriers to entry for emerging competitors.
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Key Company Profiles
* GRUNDFOS
* Xylem
* EBARA Corporation
* WILO SE
* Flowserve Corporation
Upcoming Players
* Alfa Laval
* Baker Hughes Company
* Bosch Rexroth
* CIRCOR International
* DESMI A/S
* Dover Corporation
* Franklin Electric
* General Electric
* IDEX
* ITT
* KIRLOSKAR BROTHERS LIMITED
* KSB
* Nikkiso
* Pentair
* Putzmeister
* SLB
* SPX Flow
* Sulzer
* The Weir Group PLC
* Torishima Pump Mfg. Co., Ltd.
* Weatherford
Other Prominent Vendors
* Atlas Copco AB
* Arian Pumps
* AR North America
* CNP India Private Limited
* CP Pumpen AG
* Dickow Pump Company
* Dover Corporation
* Global Pump
* Haight Pumps
* HERMETIC-Pumpen
* IDEX
* Ingersoll Rand
* Iwaki America
* Jetox Motor Pumps
* Klaus Union
* Kracht Corp.
* Masdaf
* Marzocchi Pompe S.p.A.
* Naniwa Pump Mfg
* Netzsch
* Norm Hydrophore Pump
* PRORIL
* Pumpport
* Roper Pumps
* Roth Pump
* Ruhrpumpen
* Ryan Herco Flow Solutions
* Sahinler Submersible Pump
* Samsun Makina Sanayi
* SEKO S.p.A.
* Sempa
* Shakti Pumps Ltd
* Sumak Pump
* Summit Pump
* Sundyne
* Tark LLC
* TEIKOKU ELECTRIC MFG.CO.,LTD.
* Vaughan Company
* Vesta Pump
* WPIL Limited
* Danfoss
* WEG
* Zoeller Company
* Zhejiang Doyin Technology Co. Ltd
Market Segmentation & Forecast
Operation
* Electrical
* Mechanical
Product
* Centrifugal
* Reciprocating
* Rotary
Centrifugal Pump
* Single-stage
* Multi-stage
* Submersible
* Turbine
* Others
Reciprocating Pump
* Piston
* Diaphragm
Rotary Pump
* Gear
* Lobe
* Peristaltic
* Vane
* Others
End-user
* Industrial
* Agricultural
* Commercial
* Residential
Industrial
* Oil & Gas
* Water & Wastewater
* Food & Beverage
* Chemical
* Power
* Mining
* Pharmaceutical
* Others
Geography
APAC
* China
* Japan
* India
* South Korea
* Indonesia
* Australia
* Malaysia
* Vietnam
Europe
* Germany
* The U.K.
* France
* Italy
* Spain
* Russia
* Sweden
* Netherlands
* Poland
North America
* The U.S.
* Canada
Middle East & Africa
* Saudi Arabia
* Turkey
* UAE
* South Africa
* Egypt
Latin America
* Brazil
* Mexico
* Argentina
Other Related Reports that Might be of Your Business Requirement
Centrifugal Pump Market - Global Outlook & Forecast 2023-2028
[https://www.arizton.com/market-reports/centrifugal-pump-market]
Water and Wastewater Pumps Market - Global Outlook & Forecast 2023-2028
[https://www.arizton.com/market-reports/water-and-wastewater-pumps-market]
What Key Findings Will Our Research Analysis Reveal?
* How big is the global pump market?
* What is the growth rate of the global pump market?
* Which region dominates the global pump market share?
* What are the significant trends in the pump market?
* Who are the key players in the global pump market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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