Pumps Market to Reach USD 86.10 Billion by 2030 | Rising Demand from Water Utilities, Industrial Projects, and Energy-Efficient Systems Drives Steady Growth

The latest research by Mordor Intelligence covers the "Pumps Market," delivering insights into market dynamics, drivers of growth, and long-term forecasts.
Pumps Market Overview

The global pumps market is projected to grow from USD 68.27 billion in 2025 to USD 86.10 billion by 2030, at a CAGR of 5.45%. While electric-driven pumps dominate, solar-powered models are gaining traction in agriculture and off-grid regions. Advanced materials and performance monitoring technologies are increasingly shaping market offerings.

The pumps market [https://www.mordorintelligence.com/industry-reports/pumps-market?utm_source=abnewswire] growth is driven by increased investments in water infrastructure, industrial applications, and energy-efficient systems. Demand is further supported by wastewater compliance regulations and the adoption of smart, sensor-equipped pumps.

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Emerging Trends Shaping the Pump Market

Growing Investments in Desalination and Water Treatment

Large desalination programs across the Middle East and Asia Pacific have become a strong demand driver for high-pressure pumps with durable and corrosion-resistant components. Governments are prioritizing long-term water security, and modern plants are adopting equipment that reduces operating expenses, improves uptime, and withstands harsh seawater environments.

Rising Need for Reliable Pumps in Oil, Gas, and Energy Projects

Energy-sector demand remains strong, driven by shale development, offshore drilling, and deep-water production activities. Pumps built to handle abrasive fluids, extreme pressure levels, and complex operational conditions are increasingly specified in project tenders. In newer oilfield fleets, operators are adopting engines and pump systems designed to lower fuel usage and reduce emissions while maintaining high output.

Shift Toward Energy-Efficient and Solar-Powered Pumps

Electric-driven pumps hold the majority share of global installations due to widespread electrification and the use of variable-frequency drives that significantly reduce energy costs. At the same time, solar pumps are experiencing double-digit growth, especially in large agricultural markets where governments offer incentives for off-grid irrigation.

Urban Density and the Rise of Vertical Pump Installations

Rapid urban construction is increasing the adoption of vertical pumps in buildings, utilities, and data centers where floor space is limited. These installations offer compact configurations and are engineered to handle deep-well water supply, wastewater collection, and dewatering tasks. New designs with improved bearings and protective coatings extend the maintenance intervals and enhance long-term performance.

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Segments

By Pump Type

* Centrifugal Pumps: The most widely used category, supported by applications across water supply, HVAC, chemicals, and refinery operations. New impeller designs and efficiency improvements continue to strengthen segment growth.

* Positive Displacement Pumps: Essential for metering, chemical dosing, and handling viscous or abrasive fluids. Valued for precise control and reliability in demanding environments.

* Others: Specialty pumps used across narrow industrial uses and specific process requirements.

By Shaft Orientation

* Horizontal Pumps: Retain major market share due to ease of maintenance and widespread familiarity across industries.

* Vertical Pumps: Growing steadily in city utilities, mining, and deep-well operations, especially where footprint optimization is critical.

By Driving Force

* Electric-Driven Pumps: Dominant globally, supported by lower running costs and compatibility with automation tools.

* Engine-Driven Pumps: Required for emergency, mobile, or remote operations where electricity access is uncertain.

* Pneumatic Pumps: Used in specific industrial settings.

* Solar-Powered Pumps: Fast-expanding category with strong adoption in agriculture and off-grid applications.

By End User

* Water & Wastewater Utilities

* Chemicals & Petrochemicals

* Power Generation

* Other Industrial and Commercial Sectors

By Geography

* Asia-Pacific: Leading region due to urbanization, manufacturing expansion, and large-scale desalination and irrigation initiatives.

* North America: Driven by infrastructure funding, shale activity, and digital modernization of utilities.

* Europe: Strong focus on environmental compliance and district-energy networks.

* South America

* Middle East & Africa

Top Key Players in the Pumps Industry

* Flowserve Corporation

* Grundfos Holding A/S

* KSB SE & Co. KGaA

* Sulzer Ltd.

* Xylem Inc.

Conclusion

The global pumpsmarket is entering a steady growth phase supported by water-infrastructure upgrades, tighter environmental regulations, and the shift toward more efficient and digitally monitored pumping systems. Demand from desalination plants, wastewater facilities, power generation, and industrial users continues to broaden the market's scope, while solar-driven systems create new opportunities in remote and agricultural regions.

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