ポンプ市場 – 2029年の世界予測

Pumps Market - Global Forecast To 2029

ポンプ市場 - タイプ (遠心、回転、往復)、操作 (電気、機械)、エンドユーザー (産業、商業、住宅)、および地域別 - 2029年の世界予測
Pumps Market by Type (Centrifugal, Rotary, Reciprocating), Operation (Electric, Mechanical), End User (Industrial, Commercial and Residential), and Region - Global Forecast 2029

商品番号 : SMB-70631

出版社MarketsandMarkets
出版年月2024年12月
ページ数289
図表数325
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global pumps market is expected to grow significantly from an estimated USD 61.32 billion in 2024 to USD 79.01 billion by 2029, at a CAGR of 5.2% during the forecast period.

世界のポンプ市場は、2024年の推定613億2,000万米ドルから2029年までに790億1,000万米ドルへと、予測期間中のCAGR 5.2%で大幅に成長すると予想されています。

The global pump market is expected to grow well, as a result of accelerating industrialization and urbanization coupled with a strong rise in investment in infrastructure around the world. This growth is led by growing demand across such sectors as water and wastewater, oil and gas, chemicals, power generation, and construction. Energy-efficient and smart technologies in pumps can be driven further by environmental regulations and sustainability goals supporting overall market growth. Advances in digitalization and IoT-enabled pumps are opening new avenues for monitoring and optimizing pump performance, thus reducing operational costs and enhancing reliability.

ポンプ市場 - 2029年の世界予測
pumps-market

“Reciprocating pumps segment, by type, is expected to hold third largest market share during forecast period”

Reciprocating pumps are the third largest segment in the global pumps market because they can better handle high-pressure and low-flow applications, which make them useful in all oil and gas, petrochemicals, and chemical processing industries. They are extremely efficient for applications that demand the control of fluid, as well as in applications requiring the handling of viscous fluids, abrasive slurries, and even those of solids-laden liquids. Centrifugal or rotary pumps struggle to handle these frequently in an efficient manner. Demand for reciprocating pumps comes in high because these are more prominent in areas where heavy industrial processes are developed, and robust, reliable designs make them the first priority for applications where downtime and equipment failure must be kept to a minimum.

ポンプ市場 - 2029年の世界予測 region
pumps-market-region

“South Amrica is expected to hold the least market share during forecast period.”

South America is the fifth and smallest market share in the global pumps market, mainly due to various structural and economic challenges. Since industrialization is not as pronounced as it is in more developed regions, demand is relatively low across industries such as manufacturing and energy. Economic instability, along with low investments in infrastructure, has further constrained the growth of those sectors that largely depend on more sophisticated systems involving pumps. Countries like Brazil and Argentina have some industrial activities, but industrial and urban development are slower than in regions like Asia Pacific or North America.

  • By Company Type: Tier 1- 30%, Tier 2- 55%, and Tier 3- 15%
  • By Designation: C-level Executives – 30%, Director Level- 20%, and Others- 50%
  • By Region: North America – 18%, Europe – 8%, Asia Pacific – 60%, South America – 4%, Middle East & Africa – 10%

Note: Other designations include sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined based on their total revenue as of 2023. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: <USD 500 million.

The global pumps market is dominated by key players that hold a wide regional presence and offer a diverse range of products. Leading companies in the pumps market include Grundfos Holding A/S (Denmark), Xylem (US), Flowserve Corporation (US), KSB Limited (India), Sulzer Ltd (Switzerland) among others. These players focus on strategies such as product innovations, acquisitions, agreements, partnerships, and expansions to strengthen their market position. New product launches, coupled with strategic investments in power infrastructure, water and wastewater management, and energy-efficient technologies, are key approaches adopted by these companies to maintain competitive advantages in the evolving market landscape.

ポンプ市場 - 2029年の世界予測 ecosystem
pumps-market-ecosystem

Research Coverage:

The report defines, describes, and forecasts the pumps market by type, operation,  end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product launches, acquisitions, and recent developments associated with the pumps market. Competitive analysis of upcoming startups in the pumps market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants pumps market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Rapid industrialization and urbanization, Significant focus on infrastructure development), restraints (Regulatory complexity and high cost of compliance, High upfront investments and skill shortages) opportunities (Adoption of smart and IoT enabled pumps, Significant growth potential in emerging markets), and challenges (Complexity in retrofitting and integrating pumping systems, Competition from low–cost, non–branded products) influencing the growth.
  • Product Development/ Innovation: In the global pumps market, product development and innovation trends are focused on product enhancement in terms of energy efficiency, smart technology, and sustainability. There is an increasing focus on pump manufacturers to develop pumps with IoT capabilities that enable real-time monitoring, predictive maintenance, and data-driven optimisation; this trend is being driven by cross-industry demand for systems that reduce operational costs and improve productivity. Innovations in materials and design enable pumps to handle corrosive and high-temperature fluids much better than before, which is expanding applications in industries such as chemical processing and oil & gas. Another aspect companies are keen on is creating modular and customizable solutions for end-user-specific requirements, especially in water and wastewater management. Such product developments, oriented more toward enhancing the pump’s performance, reliability, and environmental compliance, are critical to achieve market competitiveness.
  • Market Development: Large-scale development in the global pumps market is seen to be led by expanding industrialization, urbanization, and infrastructure projects, especially in economies in developing regions. Sustained growth in segments like water and wastewater management, oil and gas, chemical processing, and building services helps boost demand, due to increasing requirements for efficient and reliable pump systems. Moreover, leading players are expanding their network of distribution, forging strategic partnerships and upgrading service delivery capabilities to unlock new markets and cater to the evolving requirements of customers worldwide. All these together are making the scope of the market grow and provide growth opportunities in mature as well as emerging regions.
  • Market Diversification: The strategy of diversification helps in maintaining long-term growth in the global pumps market as well as navigating regional or sectoral fluctuations in economic growth. Players in the market are gradually expanding their portfolios to serve greater numbers of application across diversified sectors including agriculture, pharmaceuticals, mining, HVAC, new areas of renewable energy, and electric vehicle manufacture, wherein specialized pumping solutions are increasingly sought. To support their diversification efforts, companies are currently investing in R&D for designing pumps that are not only energy efficient and eco-friendly but also have the ability to integrate with IoT systems for smart monitoring. Diversifying offerings for specific industries and geographies, pump manufacturers have positioned themselves to seize opportunities across high growth as well as resilient sectors and, therefore, strengthen their market presence while growing further into a global footprint.
  • Competitive Assessment: In-depth analysis of market share, growth plans, and service offerings of top companies in the global pumps market, including Grundfos Holding A/S (Denmark), Xylem (US), Flowserve Corporation (US), KSB Limited (India), Sulzer Ltd (Switzerland), Pentair (US), ITT INC. (US), EBARA CORPORATION (Japan), The Weir Group PLC (Scotland), Danfoss (Denmark), KIRLOSKAR BROTHERS LIMITED (INDIA) (India), Bakes Hughes Company (US), ALFA LAVAL (Sweden), among others.

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        PUMPS MARKET SEGMENTATION AND REGIONAL SCOPE  25

1.3.2        INCLUSIONS AND EXCLUSIONS 26

1.3.3        YEARS CONSIDERED      27

1.4           CURRENCY CONSIDERED            27

1.5           UNITS CONSIDERED      27

1.6           LIMITATIONS    27

1.7           STAKEHOLDERS               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    Key data from secondary sources       30

2.1.2        PRIMARY DATA 31

2.1.2.1    List of primary interview participants               31

2.1.2.2    Key industry insights           31

2.1.2.3    Key data from primary sources           32

2.1.2.4    Breakdown of primaries      32

2.2           MARKET SIZE ESTIMATION METHODOLOGY     34

2.2.1        BOTTOM-UP APPROACH              34

2.2.1.1    Regional analysis  35

2.2.1.2    Country-level analysis          35

2.2.1.3    Demand-side assumptions 35

2.2.1.4    Demand-side calculations   35

2.2.2        TOP-DOWN APPROACH                36

2.2.2.1    Supply-side assumptions     38

2.2.2.2    Supply-side calculations      38

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 39

2.4           GROWTH FORECAST      39

2.5           RESEARCH ASSUMPTIONS           40

2.6           RISK ANALYSIS  40

2.7           RESEARCH LIMITATIONS             40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       45

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PUMPS MARKET               45

4.2           PUMPS MARKET, BY REGION      45

4.3           PUMPS MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY            46

4.4           PUMPS MARKET, BY TYPE            46

4.5           PUMPS MARKET, BY OPERATION             47

4.6           PUMPS MARKET, BY END USER 47

5               MARKET OVERVIEW       48

5.1           INTRODUCTION              48

5.2           MARKET DYNAMICS       49

5.2.1        DRIVERS               49

5.2.1.1    Rapid industrialization and urbanization          49

5.2.1.2    Significant focus of worldwide countries on infrastructure development          50

5.2.2        RESTRAINTS      52

5.2.2.1    Regulatory complexity and high cost of compliance       52

5.2.2.2    High upfront investments and skill shortages  52

5.2.3        OPPORTUNITIES              53

5.2.3.1    Adoption of smart and IoT-enabled pumps     53

5.2.3.2    Significant growth potential in emerging markets           54

5.2.4        CHALLENGES    55

5.2.4.1    Complexities associated with retrofitting and integrating pumping systems  55

5.2.4.2    Competition from low-cost, non-branded products       56

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            56

5.4           ECOSYSTEM ANALYSIS  58

5.5           PRICING ANALYSIS          60

5.5.1        INDICATIVE PRICING ANALYSIS OF PUMPS, BY TYPE, 2023        60

5.5.2        AVERAGE SELLING PRICE TREND OF PUMPS, BY REGION,  2020–2023        61

5.6           INVESTMENT AND FUNDING SCENARIO               62

5.7           SUPPLY CHAIN ANALYSIS             62

5.8           TECHNOLOGY ANALYSIS             64

5.8.1        KEY TECHNOLOGIES     64

5.8.1.1    Variable frequency drive (VFD) pumps           64

5.8.2        ADJACENT TECHNOLOGIES       65

5.8.2.1    Smart pumps         65

5.8.2.2    Magnetic drive pumps         65

5.9           KEY CONFERENCES AND EVENTS, 2024–2025        66

5.10         TARIFF AND REGULATORY LANDSCAPE               67

5.10.1      TARIFF ANALYSIS (HS CODE 841370)        68

5.10.2      TARIFF ANALYSIS (HS CODE 841360)        69

5.10.3      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             69

5.10.4      REGULATIONS RELATED TO PUMPS MARKET    74

5.11         TRADE ANALYSIS             75

5.11.1      TRADE ANALYSIS OF CENTRIFUGAL PUMPS COVERED UNDER HS CODE 841370                75

5.11.1.1  Import analysis of Centrifugal pumps covered under  HS code 841370    75

5.11.1.2  Export analysis of centrifugal pumps covered under  HS code 841370    76

5.11.2      TRADE ANALYSIS OF ROTARY POSITIVE DISPLACEMENT PUMPS COVERED UNDER HS CODE 841360                 77

5.11.2.1  Import analysis of Rotary positive displacement pumps covered under HS code 841360         77

5.11.2.2  Export analysis of rotary positive displacement pumps covered under HS code 841360         78

5.12         PATENT ANALYSIS          80

5.13         PORTER’S FIVE FORCES ANALYSIS           83

5.13.1      THREAT OF NEW ENTRANTS      84

5.13.2      THREAT OF SUBSTITUTES          84

5.13.3      BARGAINING POWER OF SUPPLIERS       84

5.13.4      BARGAINING POWER OF BUYERS             85

5.13.5      INTENSITY OF COMPETITIVE RIVALRY 85

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     85

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           86

5.14.2      BUYING CRITERIA           86

5.15         CASE STUDY ANALYSIS 87

5.15.1      NARAYANA HEALTH DEPLOYS GRUNDFOS’ PUMPS AND CONTROL PANEL IN ITS HVAC SYSTEMS TO REDUCE ENERGY CONSUMPTION AND ENVIRONMENTAL IMPACT              87

5.15.2      JACKSON PIKE WASTEWATER TREATMENT PLANT INSTALLS XYLEM’S PERISTALTIC PUMPS TO ENHANCE DISINFECTION EFFICIENCY AND SAFETY             88

5.15.3      EXXON MOBIL’S KIZOMBA FPSO PROJECT ADOPTS FLOWSERVE’S ADVANCED PUMP AND VALVE SOLUTIONS TO MEET STRINGENT SAFETY, SPACE, AND OPERATIONAL REQUIREMENTS               88

5.16         IMPACT OF GENERATIVE AI/AI ON PUMPS MARKET                 89

5.17         PUMPS MARKET: MACROECONOMIC OUTLOOK                 90

5.17.1      GDP OUTLOOK 91

5.17.2      RESEARCH AND DEVELOPMENT EXPENDITURE                 91

5.17.3      INVESTMENTS BY END USERS   91

5.17.4      GROWING UPSTREAM OIL AND GAS INVESTMENT                 92

6               PUMPS MARKET, BY TYPE            93

6.1           INTRODUCTION              94

6.2           CENTRIFUGAL  95

6.2.1        HIGH RELIABILITY AND DURABILITY AND LOW MAINTENANCE COSTS TO BOOST DEMAND      95

6.2.2        OVERHUNG IMPELLER  97

6.2.3        BETWEEN-BEARING IMPELLER 97

6.2.4        VERTICALLY SUSPENDED            97

6.3           ROTARY                98

6.3.1        SIGNIFICANT FOCUS OF PROCESS INDUSTRIES ON OPTIMIZING EFFICIENCY AND REDUCING DOWNTIME TO FUEL SEGMENTAL GROWTH  98

6.3.2        GEAR     100

6.3.3        VANE     100

6.3.4        PROGRESSIVE CAVITY   100

6.3.5        LOBE     101

6.3.6        PERISTALTIC     101

6.4           RECIPROCATING              102

6.4.1        ABILITY TO OFFER GREATER CONTROL OVER FLUID FLOW IN HIGH-PRESSURE CONDITIONS TO DRIVE DEMAND                 102

6.4.2        PISTON 103

6.4.3        DIAPHRAGM      104

7               PUMPS MARKET, BY OPERATION             105

7.1           INTRODUCTION              106

7.2           ELECTRIC            107

7.2.1        HIGH ENERGY EFFICIENCY AND LOW OPERATIONAL COSTS TO BOOST DEMAND       107

7.3           MECHANICAL    108

7.3.1        DIVERSE APPLICATIONS AND OPERATIONAL RELIABILITY TO DRIVE DEMAND             108

8               PUMPS MARKET, BY END USER 110

8.1           INTRODUCTION              111

8.2           INDUSTRIAL      112

8.2.1        POWER GENERATION   114

8.2.1.1    Growing installation of geothermal and hydropower plants for energy generation to fuel market growth          114

8.2.2        AGRICULTURE  116

8.2.2.1    Increasing need for efficient irrigation and water management systems to foster market growth         116

8.2.3        WATER & WASTEWATER MANAGEMENT               117

8.2.3.1    Expansion of industrial settings due to rapid urbanization to accelerate market growth    117

8.2.4        OIL & GAS            119

8.2.4.1    Growing oil and gas exploration and production activities in remote or offshore regions to augment demand              119

8.2.5        CHEMICALS        120

8.2.5.1    Enforcement of strict environmental regulations to drive adoption 120

8.2.6        PHARMACEUTICALS       121

8.2.6.1    Rising demand for sterile and efficient fluid management to spike demand  121

8.2.7        FOOD & BEVERAGES      123

8.2.7.1    Ability to handle delicate, shear-sensitive, and viscous ingredients during food production to drive market       123

8.2.8        METALS & MINING          124

8.2.8.1    Surging demand for minerals and metals in construction, electronics, and renewable energy applications to contribute to market growth    124

8.2.9        OTHER INDUSTRIES       125

8.3           COMMERCIAL & RESIDENTIAL  127

8.3.1        HUGE INVESTMENTS IN SMART CITIES AND INFRASTRUCTURE MODERNIZATION TO CREATE OPPORTUNITIES FOR PUMP VENDORS 127

9               PUMPS MARKET, BY REGION      129

9.1           INTRODUCTION              130

9.2           ASIA PACIFIC     132

9.2.1        CHINA  138

9.2.1.1    Industrial expansion and sustainability initiatives to accelerate demand  138

9.2.2        INDIA    139

9.2.2.1    Ongoing urban infrastructure development and agricultural expansion projects to create lucrative opportunities market          139

9.2.3        JAPAN   140

9.2.3.1    Strategic investments in renewable energy projects to drive market    140

9.2.4        SOUTH KOREA  141

9.2.4.1    Rising adoption of automation and digitalization to spike demand                 141

9.2.5        REST OF ASIA PACIFIC   142

9.3           EUROPE               143

9.3.1        GERMANY           149

9.3.1.1    Environmental sustainability and clean energy transition goals to stimulate demand 149

9.3.2        UK          150

9.3.2.1    Increasing investment in water conservation technology to support market growth        150

9.3.3        FRANCE                151

9.3.3.1    Stringent environmental regulations and ambitious renewable energy goals to contribute to market growth   151

9.3.4        ITALY    152

9.3.4.1    Increasing efforts toward reducing water wastage and addressing water scarcity issues to spike demand                152

9.3.5        REST OF EUROPE             153

9.4           NORTH AMERICA             154

9.4.1        US           158

9.4.1.1    Accelerating decarbonization efforts to fuel market growth                 158

9.4.2        CANADA               159

9.4.2.1    Elevating investments in public infrastructure projects to create attractive opportunities       159

9.4.3        MEXICO                160

9.4.3.1    Oil & gas, mining, and agriculture industries to contribute most to market growth  160

9.5           MIDDLE EAST & AFRICA                161

9.5.1        GCC       166

9.5.1.1    Saudi Arabia          167

9.5.1.1.1 Increasing investments in sustainable manufacturing and energy infrastructure development to spur demand    167

9.5.1.2    UAE        168

9.5.1.2.1 Substantial investments in water desalination and clean energy projects to facilitate market growth   168

9.5.1.3    Rest of GCC          169

9.5.2        SOUTH AFRICA 169

9.5.2.1    Thriving infrastructure and mining sector to drive market                 169

9.5.3        REST OF MIDDLE EAST & AFRICA             170

9.6           SOUTH AMERICA             171

9.6.1        BRAZIL 176

9.6.1.1    Growing industrial and agricultural investments to support market growth       176

9.6.2        ARGENTINA       177

9.6.2.1    Government focus on improving water and wastewater infrastructure to foster market growth              177

9.6.3        REST OF SOUTH AMERICA           178

10            COMPETITIVE LANDSCAPE         180

10.1         INTRODUCTION              180

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 180

10.3         REVENUE ANALYSIS, 2019–2023  183

10.4         MARKET SHARE ANALYSIS, 2023                 184

10.5         COMPANY VALUATION AND FINANCIAL METRICS                 188

10.6         PRODUCT TYPE-/GEOGRAPHIC PRESENCE-WISE COMPARISON   189

10.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 190

10.7.1      STARS   190

10.7.2      EMERGING LEADERS     190

10.7.3      PERVASIVE PLAYERS      190

10.7.4      PARTICIPANTS 190

10.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         192

10.7.5.1  Company footprint               192

10.7.5.2  Region footprint   193

10.7.5.3  End user footprint                 194

10.7.5.4  Type footprint       195

10.7.5.5  Operation footprint              196

10.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        197

10.8.1      PROGRESSIVE COMPANIES         197

10.8.2      RESPONSIVE COMPANIES            197

10.8.3      DYNAMIC COMPANIES  197

10.8.4      STARTING BLOCKS         197

10.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 199

10.8.5.1  Detailed list of key startups/SMEs    199

10.8.5.2  Competitive benchmarking of key startups/SMEs          200

10.9         COMPETITIVE SCENARIO             200

10.9.1      PRODUCT LAUNCHES   201

10.9.2      DEALS  202

10.9.3      EXPANSIONS     206

11            COMPANY PROFILES      208

11.1         KEY PLAYERS     208

11.1.1      GRUNDFOS HOLDING A/S           208

11.1.1.1  Business overview 208

11.1.1.2  Products/Solutions/Services offered 209

11.1.1.3  Recent developments           211

11.1.1.3.1                Deals      211

11.1.1.3.2                Contracts                212

11.1.1.4  MnM view              212

11.1.1.4.1                Key strengths/Right to win 212

11.1.1.4.2                Strategic choices   212

11.1.1.4.3                Weaknesses/Competitive threats       213

11.1.2      XYLEM  214

11.1.2.1  Business overview 214

11.1.2.2  Products/Solutions/Services offered 215

11.1.2.3  Recent developments           216

11.1.2.3.1                Deals      216

11.1.2.4  MnM view              217

11.1.2.4.1                Key strengths/Right to win 217

11.1.2.4.2                Strategic choices   217

11.1.2.4.3                Weaknesses/Competitive threats       217

11.1.3      KSB SE & CO. KGAA         218

11.1.3.1  Business overview 218

11.1.3.2  Products/Solutions/Services offered 219

11.1.3.3  Recent developments           222

11.1.3.3.1                Deals      222

11.1.3.3.2                Expansions             222

11.1.3.4  MnM view              222

11.1.3.4.1                Key strengths/Right to win 222

11.1.3.4.2                Strategic choices   223

11.1.3.4.3                Weaknesses/Competitive threats       223

11.1.4      SULZER LTD       224

11.1.4.1  Business overview 224

11.1.4.2  Products/Solutions/Services offered 225

11.1.4.3  Recent developments           227

11.1.4.3.1                Product launches  227

11.1.4.3.2                Deals      228

11.1.4.3.3                Expansions             228

11.1.4.3.4                Other developments             229

11.1.4.4  MnM view              229

11.1.4.4.1                Key strengths/Right to win 229

11.1.4.4.2                Strategic choices   230

11.1.4.4.3                Weaknesses/Competitive threats       230

11.1.5      FLOWSERVE CORPORATION      231

11.1.5.1  Business overview 231

11.1.5.2  Products/solutions/services offered  232

11.1.5.3  Recent developments           234

11.1.5.3.1                Deals      234

11.1.5.4  MnM view              234

11.1.5.4.1                Key strengths/Right to win 234

11.1.5.4.2                Strategic choices   234

11.1.5.4.3                Weaknesses/Competitive threats       234

11.1.6      PENTAIR              235

11.1.6.1  Business overview 235

11.1.6.2  Products/Solutions/Services offered 236

11.1.6.3  Recent developments           238

11.1.6.3.1                Deals      238

11.1.7      ITT INC.                239

11.1.7.1  Business overview 239

11.1.7.2  Products/Solutions/Services offered 240

11.1.8      WILO SE               242

11.1.8.1  Business overview 242

11.1.8.2  Products/Solutions/Services offered 243

11.1.9      EBARA CORPORATION  244

11.1.9.1  Business overview 244

11.1.9.2  Products/Solutions/Services offered 245

11.1.9.3  Recent developments           246

11.1.9.3.1                Deals      246

11.1.10   THE WEIR GROUP PLC  247

11.1.10.1                 Business overview 247

11.1.10.2                 Products/Solutions/Services offered 248

11.1.10.3                 Recent developments           249

11.1.10.3.1             Contracts                249

11.1.11   DANFOSS             250

11.1.11.1                 Business overview 250

11.1.11.2                 Products/Solutions/Services offered 251

11.1.12   SPX FLOW, INC. 253

11.1.12.1                 Business overview 253

11.1.12.2                 Products/Solutions/Services offered 253

11.1.12.3                 Recent developments           255

11.1.12.3.1             Product launches  255

11.1.13   KIRLOSKAR BROTHERS LIMITED (INDIA)             256

11.1.13.1                 Business overview 256

11.1.13.2                 Products/Solutions/Services offered 257

11.1.13.3                 Recent developments           258

11.1.13.3.1             Product launches  258

11.1.14   BAKER HUGHES COMPANY         259

11.1.14.1                 Business overview 259

11.1.14.2                 Products/Solutions/Services offered 260

11.1.14.3                 Recent developments           261

11.1.14.3.1             Deals      261

11.1.15   ALFA LAVAL       262

11.1.15.1                 Business overview 262

11.1.15.2                 Products/Solutions/Services offered 263

11.1.16   WEG      265

11.1.16.1                 Business overview 265

11.1.16.2                 Products/Solutions/Services offered 266

11.1.16.3                 Recent developments           267

11.1.16.3.1             Deals      267

11.1.17   TORISHIMA PUMP MFG. CO., LTD            268

11.1.17.1                 Business overview 268

11.1.17.2                 Products/Solutions/Services offered 269

11.1.18   GORMAN-RUPP PUMP   270

11.1.18.1                 Business overview 270

11.1.18.2                 Products/Solutions/Services offered 270

11.1.19   SPT PUMPEN     272

11.1.19.1                 Business overview 272

11.1.19.2                 Products/Solutions/Services offered 272

11.1.20   LEO GROUP PUMP CO., LTD.      273

11.1.20.1                 Business overview 273

11.1.20.2                 Products/Solutions/Services offered 273

11.2         OTHER PLAYERS              275

11.2.1      GRINDEX             275

11.2.2      HCP PUMP MANUFACTURER CO., LTD. 276

11.2.3      PRORIL 277

11.2.4      CNP INDIA PRIVATE LIMITED    278

11.2.5      ZHEJIANG DOYIN TECHNOLOGY CO. LTD.          279

12            APPENDIX           280

12.1         INSIGHTS FROM INDUSTRY EXPERTS     280

12.2         DISCUSSION GUIDE        280

12.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                285

12.4         CUSTOMIZATION OPTIONS        287

12.5         RELATED REPORTS         287

12.6         AUTHOR DETAILS           288

LIST OF TABLES

TABLE 1                PUMPS MARKET, BY TYPE            26

TABLE 2                PUMPS MARKET, BY OPERATION             26

TABLE 3                PUMPS MARKET, BY END USER 26

TABLE 4                PUMPS MARKET, BY REGION      26

TABLE 5                LIST OF KEY SECONDARY SOURCES        30

TABLE 6                PUMPS MARKET SIZE ESTIMATION METHODOLOGY (DEMAND SIDE)           34

TABLE 7                PUMPS MARKET: RISK ANALYSIS               40

TABLE 8                SNAPSHOT OF PUMPS MARKET                 41

TABLE 9                ROLE OF COMPANIES IN PUMPS ECOSYSTEM                 59

TABLE 10              INDICATIVE PRICING ANALYSIS OF PUMPS, BY TYPE, 2023           60

TABLE 11              PUMPS MARKET: LIST OF MAJOR CONFERENCES AND EVENTS, 2024–2025                 66

TABLE 12              IMPORT TARIFFS FOR HS CODE 841370-COMPLIANT PRODUCTS,

BY COUNTRY, 2023           68

TABLE 13              IMPORT TARIFFS FOR HS CODE 841360-COMPLIANT PRODUCTS,

BY COUNTRY, 2023           69

TABLE 14              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  69

TABLE 15              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  70

TABLE 16              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  71

TABLE 17              MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT

AGENCIES,  AND OTHER ORGANIZATIONS        72

TABLE 18              SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 19              PUMPS MARKET: REGULATIONS               74

TABLE 20              IMPORT DATA FOR HS CODE 841370-COMPLIANT CENTRIFUGAL PUMPS,

BY COUNTRY, 2019–2023 (USD THOUSAND)         75

TABLE 21              EXPORT DATA FOR HS CODE 841370-COMPLIANT CENTRIFUGAL PUMPS,

BY COUNTRY, 2019–2023 (USD THOUSAND)         76

TABLE 22              IMPORT DATA FOR HS CODE 841360-COMPLIANT ROTARY POSITIVE DISPLACEMENT PUMPS, BY COUNTRY, 2019–2023 (USD THOUSAND)               77

TABLE 23              EXPORT DATA FOR HS CODE 841360-COMPLIANT ROTARY POSITIVE DISPLACEMENT PUMPS, BY COUNTRY, 2019–2023 (USD THOUSAND)               78

TABLE 24              PUMPS MARKET: KEY INNOVATIONS AND PATENT REGISTRATIONS,

JANUARY 2020–DECEMBER 2023 81

TABLE 25              PUMPS MARKET: PORTER’S FIVE FORCES ANALYSIS            84

TABLE 26              INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR

TOP 3 END USERS            86

TABLE 27              KEY BUYING CRITERIA FOR TOP 3 END USERS                 87

TABLE 28              PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION)            94

TABLE 29              PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION)            94

TABLE 30              CENTRIFUGAL: PUMPS MARKET, BY REGION, 2020–2023 (USD MILLION)            95

TABLE 31              CENTRIFUGAL: PUMPS MARKET, BY REGION, 2024–2029 (USD MILLION)            96

TABLE 32              CENTRIFUGAL: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION)       96

TABLE 33              CENTRIFUGAL: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION)       96

TABLE 34              ROTARY: PUMPS MARKET, BY REGION, 2020–2023 (USD MILLION)       98

TABLE 35              ROTARY: PUMPS MARKET, BY REGION, 2024–2029 (USD MILLION)       99

TABLE 36              ROTARY: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION) 99

TABLE 37              ROTARY: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION) 99

TABLE 38              RECIPROCATING: PUMPS MARKET, BY REGION, 2020–2023 (USD MILLION)            102

TABLE 39              RECIPROCATING: PUMPS MARKET, BY REGION, 2024–2029 (USD MILLION)            102

TABLE 40              RECIPROCATING: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION)            103

TABLE 41              RECIPROCATING: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION)            103

TABLE 42              PUMPS MARKET, BY OPERATION, 2020–2023 (USD MILLION) 106

TABLE 43              PUMPS MARKET, BY OPERATION, 2024–2029 (USD MILLION) 106

TABLE 44              ELECTRIC: PUMPS MARKET, BY REGION, 2020–2023 (USD MILLION)       108

TABLE 45              ELECTRIC: PUMPS MARKET, BY REGION, 2024–2029 (USD MILLION)       108

TABLE 46              MECHANICAL: PUMPS MARKET, BY REGION, 2020–2023 (USD MILLION)            109

TABLE 47              MECHANICAL: PUMPS MARKET, BY REGION, 2024–2029 (USD MILLION)            109

TABLE 48              PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            111

TABLE 49              PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            111

TABLE 50              INDUSTRIAL: PUMPS MARKET, BY REGION, 2020–2023 (USD MILLION)            112

TABLE 51              INDUSTRIAL: PUMPS MARKET, BY REGION, 2024–2029 (USD MILLION)            113

TABLE 52              INDUSTRIAL: PUMPS MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)            113

TABLE 53              INDUSTRIAL: PUMPS MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)            114

TABLE 54              INDUSTRIAL: PUMPS MARKET FOR POWER GENERATION, BY REGION,

2020–2023 (USD MILLION)            115

TABLE 55              INDUSTRIAL: PUMPS MARKET FOR POWER GENERATION, BY REGION,

2024–2029 (USD MILLION)            115

TABLE 56              INDUSTRIAL: PUMPS MARKET FOR AGRICULTURE, BY REGION,

2020–2023 (USD MILLION)            116

TABLE 57              INDUSTRIAL: PUMPS MARKET FOR AGRICULTURE, BY REGION,

2024–2029 (USD MILLION)            117

TABLE 58              INDUSTRIAL: PUMPS MARKET FOR WATER & WASTEWATER MANAGEMENT,

BY REGION, 2020–2023 (USD MILLION)   118

TABLE 59              INDUSTRIAL: PUMPS MARKET FOR WATER & WASTEWATER MANAGEMENT,

BY REGION, 2024–2029 (USD MILLION)   118

TABLE 60              INDUSTRIAL: PUMPS MARKET FOR OIL & GAS, BY REGION,

2020–2023 (USD MILLION)            119

TABLE 61              INDUSTRIAL: PUMPS MARKET FOR OIL & GAS, BY REGION,

2024–2029 (USD MILLION)            119

TABLE 62              INDUSTRIAL: PUMPS MARKET FOR CHEMICALS, BY REGION,

2020–2023 (USD MILLION)            120

TABLE 63              INDUSTRIAL: PUMPS MARKET FOR CHEMICALS, BY REGION,

2024–2029 (USD MILLION)            121

TABLE 64              INDUSTRIAL: PUMPS MARKET FOR PHARMACEUTICALS, BY REGION,

2020–2023 (USD MILLION)            122

TABLE 65              INDUSTRIAL: PUMPS MARKET FOR PHARMACEUTICALS, BY REGION,

2024–2029 (USD MILLION)            122

TABLE 66              INDUSTRIAL: PUMPS MARKET FOR FOOD & BEVERAGES, BY REGION,

2020–2023 (USD MILLION)            123

TABLE 67              INDUSTRIAL: PUMPS MARKET FOR FOOD & BEVERAGES, BY REGION,

2024–2029 (USD MILLION)            124

TABLE 68              INDUSTRIAL: PUMPS MARKET FOR METALS & MINING, BY REGION,

2020–2023 (USD MILLION)            125

TABLE 69              INDUSTRIAL: PUMPS MARKET FOR METALS & MINING, BY REGION,

2024–2029 (USD MILLION)            125

TABLE 70              INDUSTRIAL: PUMPS MARKET FOR OTHER INDUSTRIES, BY REGION,

2020–2023 (USD MILLION)            126

TABLE 71              INDUSTRIAL: PUMPS MARKET FOR OTHER INDUSTRIES, BY REGION,

2024–2029 (USD MILLION)            126

TABLE 72             COMMERCIAL & RESIDENTIAL: PUMPS MARKET, BY REGION,

2020–2023 (USD MILLION)            127

TABLE 73             COMMERCIAL & RESIDENTIAL: PUMPS MARKET, BY REGION,

2024–2029 (USD MILLION)            128

TABLE 74              PUMPS MARKET, BY REGION, 2020–2023 (USD MILLION)            131

TABLE 75              PUMPS MARKET, BY REGION, 2024–2029 (USD MILLION)            131

TABLE 76              PUMPS MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)      132

TABLE 77              PUMPS MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)      132

TABLE 78              ASIA PACIFIC: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION)       134

TABLE 79              ASIA PACIFIC: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION)       134

TABLE 80              ASIA PACIFIC: PUMPS MARKET, BY OPERATION, 2020–2023 (USD MILLION)            134

TABLE 81              ASIA PACIFIC: PUMPS MARKET, BY OPERATION, 2024–2029 (USD MILLION)            134

TABLE 82              ASIA PACIFIC: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            135

TABLE 83              ASIA PACIFIC: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            135

TABLE 84              ASIA PACIFIC: PUMPS MARKET FOR INDUSTRIAL END USERS, BY INDUSTRY,  2020–2023 (USD MILLION)            135

TABLE 85              ASIA PACIFIC: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY INDUSTRY,  2024–2029 (USD MILLION)           136

TABLE 86              ASIA PACIFIC: PUMPS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)            136

TABLE 87              ASIA PACIFIC: PUMPS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)            136

TABLE 88              ASIA PACIFIC: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY COUNTRY,  2020–2023 (USD MILLION)            137

TABLE 89              ASIA PACIFIC: PUMPS MARKET FOR INDUSTRIAL END USERS, BY COUNTRY,  2024–2029 (USD MILLION)            137

TABLE 90              ASIA PACIFIC: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,

BY COUNTRY, 2020–2023 (USD MILLION)               137

TABLE 91              ASIA PACIFIC: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,

BY COUNTRY, 2024–2029 (USD MILLION)               138

TABLE 92              CHINA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       139

TABLE 93              CHINA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       139

TABLE 94              INDIA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       140

TABLE 95              INDIA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       140

TABLE 96              JAPAN: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       141

TABLE 97              JAPAN: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       141

TABLE 98              SOUTH KOREA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            142

TABLE 99              SOUTH KOREA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            142

TABLE 100            REST OF ASIA PACIFIC: PUMPS MARKET, BY END USER,

2020–2023 (USD MILLION)            143

TABLE 101            REST OF ASIA PACIFIC: PUMPS MARKET, BY END USER,

2024–2029 (USD MILLION)            143

TABLE 102            EUROPE: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION) 144

TABLE 103            EUROPE: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION) 145

TABLE 104            EUROPE: PUMPS MARKET, BY OPERATION, 2020–2023 (USD MILLION)            145

TABLE 105            EUROPE: PUMPS MARKET, BY OPERATION, 2024–2029 (USD MILLION)            145

TABLE 106            EUROPE: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       145

TABLE 107            EUROPE: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       146

TABLE 108            EUROPE: PUMPS MARKET FOR INDUSTRIAL END USERS, BY INDUSTRY,

2020–2023 (USD MILLION)            146

TABLE 109            EUROPE: PUMPS MARKET FOR INDUSTRIAL END USERS, BY INDUSTRY,

2024–2029 (USD MILLION)            146

TABLE 110            EUROPE: PUMPS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)       147

TABLE 111            EUROPE: PUMPS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)       147

TABLE 112            EUROPE: PUMPS MARKET FOR INDUSTRIAL END USERS, BY COUNTRY,

2020–2023 (USD MILLION)            147

TABLE 113            EUROPE: PUMPS MARKET FOR INDUSTRIAL END USERS, BY COUNTRY,

2024–2029 (USD MILLION)            148

TABLE 114            EUROPE: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,

BY COUNTRY, 2020–2023 (USD MILLION)               148

TABLE 115            EUROPE: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,

BY COUNTRY, 2024–2029 (USD MILLION)               148

TABLE 116            GERMANY: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            149

TABLE 117            GERMANY: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            149

TABLE 118            UK: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION) 150

TABLE 119            UK: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION) 150

TABLE 120            FRANCE: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       151

TABLE 121            FRANCE: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       151

TABLE 122            ITALY: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       152

TABLE 123            ITALY: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       152

TABLE 124            REST OF EUROPE: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)                153

TABLE 125            REST OF EUROPE: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)                154

TABLE 126            NORTH AMERICA: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION)            154

TABLE 127            NORTH AMERICA: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION)            154

TABLE 128            NORTH AMERICA: PUMPS MARKET, BY OPERATION, 2020–2023 (USD MILLION) 155

TABLE 129            NORTH AMERICA: PUMPS MARKET, BY OPERATION, 2024–2029 (USD MILLION) 155

TABLE 130            NORTH AMERICA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)                155

TABLE 131            NORTH AMERICA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)                155

TABLE 132            NORTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY INDUSTRY,  2020–2023 (USD MILLION)           156

TABLE 133            NORTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY INDUSTRY,  2024–2029 (USD MILLION)           156

TABLE 134            NORTH AMERICA: PUMPS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     157

TABLE 135            NORTH AMERICA: PUMPS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     157

TABLE 136            NORTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS, BY COUNTRY,  2020–2023 (USD MILLION)            157

TABLE 137            NORTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS, BY COUNTRY,  2024–2029 (USD MILLION)            157

TABLE 138            NORTH AMERICA: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,  BY COUNTRY, 2020–2023 (USD MILLION)            158

TABLE 139            NORTH AMERICA: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,  BY COUNTRY, 2024–2029 (USD MILLION)            158

TABLE 140            US: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION) 159

TABLE 141            US: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION) 159

TABLE 142            CANADA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       160

TABLE 143            CANADA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       160

TABLE 144            MEXICO: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       161

TABLE 145            MEXICO: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       161

TABLE 146            MIDDLE EAST & AFRICA: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION)                162

TABLE 147            MIDDLE EAST & AFRICA: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION)                162

TABLE 148            MIDDLE EAST & AFRICA: PUMPS MARKET, BY OPERATION,

2020–2023 (USD MILLION)            162

TABLE 149            MIDDLE EAST & AFRICA: PUMPS MARKET, BY OPERATION,

2024–2029 (USD MILLION)            162

TABLE 150            MIDDLE EAST & AFRICA: PUMPS MARKET, BY END USER,

2020–2023 (USD MILLION)            163

TABLE 151            MIDDLE EAST & AFRICA: PUMPS MARKET, BY END USER,

2024–2029 (USD MILLION)            163

TABLE 152            MIDDLE EAST & AFRICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY INDUSTRY, 2020–2023 (USD MILLION)              163

TABLE 153            MIDDLE EAST & AFRICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY INDUSTRY, 2024–2029 (USD MILLION)              164

TABLE 154            MIDDLE EAST & AFRICA: PUMPS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            164

TABLE 155            MIDDLE EAST & AFRICA: PUMPS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            164

TABLE 156            MIDDLE EAST & AFRICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY COUNTRY, 2020–2023 (USD MILLION)               165

TABLE 157            MIDDLE EAST & AFRICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY COUNTRY, 2024–2029 (USD MILLION)               165

TABLE 158            MIDDLE EAST & AFRICA: PUMPS MARKET FOR COMMERCIAL &

RESIDENTIAL END USERS, BY COUNTRY, 2020–2023 (USD MILLION)            165

TABLE 159            MIDDLE EAST & AFRICA: PUMPS MARKET FOR COMMERCIAL &

RESIDENTIAL END USERS, BY COUNTRY, 2024–2029 (USD MILLION)            166

TABLE 160            GCC: PUMPS MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 167

TABLE 161            GCC: PUMPS MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 167

TABLE 162            SAUDI ARABIA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            167

TABLE 163            SAUDI ARABIA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            168

TABLE 164            UAE: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION) 168

TABLE 165            UAE: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION) 168

TABLE 166            REST OF GCC: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            169

TABLE 167            REST OF GCC: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            169

TABLE 168            SOUTH AFRICA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            170

TABLE 169            SOUTH AFRICA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            170

TABLE 170            REST OF MIDDLE EAST & AFRICA: PUMPS MARKET, BY END USER,

2020–2023 (USD MILLION)            171

TABLE 171            REST OF MIDDLE EAST & AFRICA: PUMPS MARKET, BY END USER,

2024–2029 (USD MILLION)            171

TABLE 172            SOUTH AMERICA: PUMPS MARKET, BY TYPE, 2020–2023 (USD MILLION)            172

TABLE 173            SOUTH AMERICA: PUMPS MARKET, BY TYPE, 2024–2029 (USD MILLION)            172

TABLE 174            SOUTH AMERICA: PUMPS MARKET, BY OPERATION, 2020–2023 (USD MILLION) 172

TABLE 175            SOUTH AMERICA: PUMPS MARKET, BY OPERATION, 2024–2029 (USD MILLION) 172

TABLE 176            SOUTH AMERICA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)                173

TABLE 177            SOUTH AMERICA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)                173

TABLE 178            SOUTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY INDUSTRY,  2020–2023 (USD MILLION)           173

TABLE 179            SOUTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS,

BY INDUSTRY,  2024–2029 (USD MILLION)           174

TABLE 180            SOUTH AMERICA: PUMPS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     174

TABLE 181            SOUTH AMERICA: PUMPS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     174

TABLE 182            SOUTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS, BY COUNTRY,  2020–2023 (USD MILLION)            175

TABLE 183            SOUTH AMERICA: PUMPS MARKET FOR INDUSTRIAL END USERS, BY COUNTRY,  2024–2029 (USD MILLION)            175

TABLE 184            SOUTH AMERICA: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,  BY COUNTRY, 2020–2023 (USD MILLION)            175

TABLE 185            SOUTH AMERICA: PUMPS MARKET FOR COMMERCIAL & RESIDENTIAL END USERS,  BY COUNTRY, 2024–2029 (USD MILLION)            176

TABLE 186            BRAZIL: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)       177

TABLE 187            BRAZIL: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)       177

TABLE 188            ARGENTINA: PUMPS MARKET, BY END USER, 2020–2023 (USD MILLION)            178

TABLE 189            ARGENTINA: PUMPS MARKET, BY END USER, 2024–2029 (USD MILLION)            178

TABLE 190            REST OF SOUTH AMERICA: PUMPS MARKET, BY END USER,

2020–2023 (USD MILLION)            179

TABLE 191            REST OF SOUTH AMERICA: PUMPS MARKET, BY END USER,

2024–2029 (USD MILLION)          179

TABLE 192            PUMPS MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS,

2021–2024              180

TABLE 193            PUMPS MARKET: DEGREE OF COMPETITION, 2023        184

TABLE 194            PUMPS MARKET: REGION FOOTPRINT  193

TABLE 195            PUMPS MARKET: END USER FOOTPRINT                 194

TABLE 196            PUMPS MARKET: TYPE FOOTPRINT        195

TABLE 197            PUMPS MARKET: OPERATION FOOTPRINT                 196

TABLE 198            PUMPS MARKET: LIST OF KEY STARTUPS/SMES                 199

TABLE 199            PUMPS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          200

TABLE 200            PUMPS MARKET: PRODUCT LAUNCHES, JANUARY 2021–NOVEMBER 2024                 201

TABLE 201            PUMPS MARKET: DEALS, JANUARY 2021–NOVEMBER 2024               202

TABLE 202            PUMPS MARKET: EXPANSIONS, JANUARY 2021–NOVEMBER 2024               206

TABLE 203            GRUNDFOS HOLDING A/S: COMPANY OVERVIEW          208

TABLE 204            GRUNDFOS HOLDING A/S: PRODUCTS/SOLUTIONS/SERVICES OFFERED    209

TABLE 205            GRUNDFOS HOLDING A/S: DEALS           211

TABLE 206            GRUNDFOS HOLDING A/S: CONTRACTS                 212

TABLE 207            XYLEM: COMPANY OVERVIEW  214

TABLE 208            XYLEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             215

TABLE 209            XYLEM: DEALS  216

TABLE 210            KSB SE & CO. KGAA: COMPANY OVERVIEW                 218

TABLE 211            KSB SE & CO. KGAA: PRODUCTS/SOLUTIONS/SERVICES OFFERED    219

TABLE 212            KSB SE & CO. KGAA: DEALS          222

TABLE 213            KSB SE & CO. KGAA: EXPANSIONS             222

TABLE 214            SULZER LTD: COMPANY OVERVIEW       224

TABLE 215            SULZER LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    225

TABLE 216            SULZER LTD: PRODUCT LAUNCHES       227

TABLE 217            SULZER LTD: DEALS       228

TABLE 218            SULZER LTD: EXPANSIONS          228

TABLE 219            SULZER LTD: OTHER DEVELOPMENTS 229

TABLE 220            FLOWSERVE CORPORATION: COMPANY OVERVIEW          231

TABLE 221            FLOWSERVE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    232

TABLE 222            FLOWSERVE CORPORATION: DEALS      234

TABLE 223            PENTAIR: COMPANY OVERVIEW               235

TABLE 224            PENTAIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED             236

TABLE 225            PENTAIR: DEALS              238

TABLE 226            ITT INC.: COMPANY OVERVIEW                239

TABLE 227            ITT INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             240

TABLE 228            WILO SE: COMPANY OVERVIEW                242

TABLE 229            WILO SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             243

TABLE 230            EBARA CORPORATION: COMPANY OVERVIEW                 244

TABLE 231            EBARA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    245

TABLE 232            EBARA CORPORATION: DEALS  246

TABLE 233            THE WEIR GROUP PLC: COMPANY OVERVIEW                 247

TABLE 234            THE WEIR GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    248

TABLE 235            THE WEIR GROUP PLC: CONTRACTS      249

TABLE 236            DANFOSS: COMPANY OVERVIEW              250

TABLE 237            DANFOSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             251

TABLE 238            SPX FLOW, INC.: COMPANY OVERVIEW 253

TABLE 239            SPX FLOW, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    253

TABLE 240            SPX FLOW, INC.: PRODUCT LAUNCHES 255

TABLE 241            KIRLOSKAR BROTHERS LIMITED (INDIA): COMPANY OVERVIEW   256

TABLE 242            KIRLOSKAR BROTHERS LIMITED (INDIA): PRODUCTS/SOLUTIONS/

SERVICES OFFERED        257

TABLE 243            KIRLOSKAR BROTHERS LIMITED (INDIA): PRODUCT LAUNCHES   258

TABLE 244            BAKER HUGHES COMPANY: COMPANY OVERVIEW          259

TABLE 245            BAKER HUGHES COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    260

TABLE 246            BAKER HUGHES COMPANY: DEALS         261

TABLE 247            ALFA LAVAL: COMPANY OVERVIEW        262

TABLE 248            ALFA LAVAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    263

TABLE 249            WEG: COMPANY OVERVIEW       265

TABLE 250            WEG: PRODUCTS/SOLUTIONS/SERVICES OFFERED             266

TABLE 251            WEG: DEALS       267

TABLE 252            TORISHIMA PUMP MFG. CO., LTD: COMPANY OVERVIEW          268

TABLE 253            TORISHIMA PUMP MFG. CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    269

TABLE 254            GORMAN-RUPP PUMP: COMPANY OVERVIEW                 270

TABLE 255            GORMAN-RUPP PUMP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    270

TABLE 256            SPT PUMPEN: COMPANY OVERVIEW      272

TABLE 257            SPT PUMPEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED    272

TABLE 258            LEO GROUP PUMP CO., LTD.: COMPANY OVERVIEW          273

TABLE 259            LEO GROUP PUMP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    273

LIST OF FIGURES

FIGURE 1              PUMPS MARKET: RESEARCH DESIGN     29

FIGURE 2              KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR PUMPS    33

FIGURE 3              PUMPS MARKET: BOTTOM-UP APPROACH                 34

FIGURE 4              PUMPS MARKET: TOP-DOWN APPROACH                 36

FIGURE 5              KEY STEPS CONSIDERED TO ASSESS SUPPLY OF PUMPS 37

FIGURE 6              PUMPS MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE)               37

FIGURE 7              PUMPS MARKET: DATA TRIANGULATION                 39

FIGURE 8              CENTRIFUGAL SEGMENT TO DOMINATE PUMPS MARKET,  BY TYPE, DURING FORECAST PERIOD                 42

FIGURE 9              INDUSTRIAL SEGMENT TO LEAD PUMPS MARKET, BY END USER, THROUGHOUT FORECAST PERIOD                 42

FIGURE 10            ELECTRIC SEGMENT TO COMMAND PUMPS MARKET,  BY OPERATION, FROM 2024 TO 2029 43

FIGURE 11            ASIA PACIFIC TO BE LUCRATIVE MARKET FOR PUMPS BETWEEN 2024 AND 2029               44

FIGURE 12            RAPID INDUSTRIALIZATION AND URBANIZATION TO DRIVE MARKET        45

FIGURE 13            ASIA PACIFIC TO WITNESS HIGHEST CAGR IN GLOBAL PUMPS MARKET DURING FORECAST PERIOD  45

FIGURE 14            INDUSTRIAL END USERS AND CHINA CAPTURED LARGEST SHARE OF

ASIA PACIFIC MARKET IN 2023   46

FIGURE 15            CENTRIFUGAL PUMPS TO HOLD MAJORITY OF MARKET SHARE IN 2029 46

FIGURE 16            ELECTRICAL PUMPS TO DOMINATE MARKET IN 2029        47

FIGURE 17            INDUSTRIAL END USERS TO ACCOUNT FOR LARGER MARKET SHARE IN 2029               47

FIGURE 18            PUMPS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES     49

FIGURE 19            GLOBAL INFRASTRUCTURE INVESTMENT, 2019–2029              51

FIGURE 20            GLOBAL CLEAN ENERGY INVESTMENTS, 2017–2023        54

FIGURE 21           CLEAN ENERGY SPENDING IN SELECT REGIONS, 2023        55

FIGURE 22            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   58

FIGURE 23            PUMPS ECOSYSTEM ANALYSIS  58

FIGURE 24            AVERAGE SELLING PRICE TREND OF PUMPS, BY REGION, 2020–2023           61

FIGURE 25            FUNDING RAISED BY TOP PLAYERS IN PUMPS MARKET, 2020–2023          62

FIGURE 26            PUMPS MARKET: SUPPLY CHAIN ANALYSIS                 62

FIGURE 27            IMPORT SCENARIO OF HS CODE 841370-COMPLIANT CENTRIFUGAL PUMPS IN TOP 5 COUNTRIES, 2019–2023        76

FIGURE 28            EXPORT SCENARIO OF HS CODE 841370-COMPLIANT CENTRIFUGAL PUMPS IN TOP 5 COUNTRIES, 2019–2023        77

FIGURE 29            IMPORT SCENARIO OF HS CODE 841360-COMPLIANT ROTARY POSITIVE DISPLACEMENT PUMPS IN TOP 5 COUNTRIES, 2019–2023                78

FIGURE 30            EXPORT SCENARIO OF HS CODE 841360-COMPLIANT ROTARY POSITIVE DISPLACEMENT PUMPS IN TOP 5 COUNTRIES, 2019–2023                79

FIGURE 31            PUMPS MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2014–2023          80

FIGURE 32            PORTER’S FIVE FORCES ANALYSIS FOR PUMPS MARKET               83

FIGURE 33            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR  TOP 3 END USERS          86

FIGURE 34            KEY BUYING CRITERIA FOR TOP 3 END USERS                 86

FIGURE 35            IMPACT OF AI ON SUPPLY CHAIN PARTICIPANTS 90

FIGURE 36            PUMPS MARKET, BY TYPE, 2023 94

FIGURE 37            PUMPS MARKET, BY OPERATION, 2023   106

FIGURE 38            INDUSTRIAL SEGMENT HELD LARGER SHARE OF PUMPS MARKET IN 2023         111

FIGURE 39            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN PUMPS MARKET

FROM  2024 TO 2029      130

FIGURE 40            PUMPS MARKET, BY REGION, 2023            131

FIGURE 41            PUMPS MARKET SNAPSHOT IN ASIA PACIFIC                 133

FIGURE 42            PUMPS MARKET SNAPSHOT IN EUROPE                 144

FIGURE 43            REVENUE ANALYSIS OF TOP 5 PLAYERS IN PUMPS MARKET, 2019–2023          183

FIGURE 44            SHARE ANALYSIS OF PLAYERS IN PUMPS MARKET, 2023    185

FIGURE 45            COMPANY VALUATION, 2024      188

FIGURE 46            FINANCIAL METRICS (EV/EBITDA), 2024                 188

FIGURE 47            PRODUCT TYPE-/GEOGRAPHIC PRESENCE-WISE COMPARISON        189

FIGURE 48            PUMPS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     191

FIGURE 49            PUMPS MARKET: COMPANY FOOTPRINT                 192

FIGURE 50            PUMPS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023               198

FIGURE 51            GRUNDFOS HOLDING A/S: COMPANY SNAPSHOT          209

FIGURE 52            XYLEM: COMPANY SNAPSHOT  215

FIGURE 53            KSB SE & CO. KGAA: COMPANY SNAPSHOT                 219

FIGURE 54            SULZER LTD: COMPANY SNAPSHOT       225

FIGURE 55            FLOWSERVE CORPORATION: COMPANY SNAPSHOT          232

FIGURE 56            PENTAIR: COMPANY SNAPSHOT               236

FIGURE 57            ITT INC.: COMPANY SNAPSHOT                240

FIGURE 58            WILO SE: COMPANY SNAPSHOT                243

FIGURE 59            EBARA CORPORATION: COMPANY SNAPSHOT                 245

FIGURE 60            THE WEIR GROUP PLC: COMPANY SNAPSHOT                 248

FIGURE 61            DANFOSS: COMPANY SNAPSHOT             251

FIGURE 62            KIRLOSKAR BROTHERS LIMITED (INDIA): COMPANY SNAPSHOT   257

FIGURE 63            BAKER HUGHES COMPANY: COMPANY SNAPSHOT          260

FIGURE 64            ALFA LAVAL: COMPANY SNAPSHOT       263

FIGURE 65            WEG: COMPANY SNAPSHOT       266

FIGURE 66            TORISHIMA PUMP MFG. CO., LTD: COMPANY SNAPSHOT          269