Industrial Pumps Market Opportunities and Forecast Assessment,2025
Industrial Pumps Market Overview:

The competitive landscape of the Industrial Pumps Market includes information about competitors. Among the areas covered are a firm overview, financials, revenue generated, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product introduction, and application dominance. The information that follows is only relevant to the organization's concentration on the Industrial Pumps Market

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Market Scope:

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.

The Industrial Pumps Market was valued at US$ 63.38 billion in 2021 and is anticipated to grow to US$ 88.76 billion by 2029 at a CAGR of 4.3%.

Segmentation:

In terms of unit consumption, centrifugal pumps held a about 71% market share, according to Europump EU Association of Pump Manufacturers. The oil and gas industry is growing in emerging economies, and centrifugal pumps are becoming more popular among pump makers. These factors all contribute to segment growth. The dominance of the product is further evidenced by the fact that more than 60% of pump manufacturers in the EU and APAC specialise in developing centrifugal industrial pumps, according to Europump. Centrifugal pumps are also widely utilised in refineries, pipeline services, and other industries. Due to centrifugal pumps' high-pressure development and simple operation, deep-water research is made simple and cost-effective.

key player

• Ingersoll-Rand PLC
• Grundfos Pump Corporation
• SPX Flow, Inc.
• Xylem, Inc.
• Sulzer Ltd.
• Flowserve Corporation
• KSB SE & Co. KGaA
• Ebara Corporation
• Iwaki America, Inc.
• ITT, Inc.
• Pentair PLC
• Weir Group PLC
• Hermetic-Pumpen GmbH
• Vaughn Company, Inc.
• Schlumberger Ltd.
• Clyde Union, Inc.
• Baker Hughes, Inc.
• Dover Corporation
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What will be the Industrial Pumps Market market's CAGR throughout the projected period?
Which market category emerged as the market leader in the Industrial Pumps Market market?
Who are the key players in the Industrial Pumps Market market?
How big will the Industrial Pumps Market market be in 2027?
Which firm had the biggest market share in the Industrial Pumps Market ?

Maximize market research, a global market research firm with a dedicated team of specialists and data, has carried out extensive research about the online event ticketing market. Maximize Market Research is positioned to estimate and forecast the market size with the competitive landscape of the industries. Maximize Market Research has a strong, unified team of industry specialists and analysts across sectors to ensure the entire Industry ecosystem is taken in perspective, factoring all recent development, latest trends, and futuristic – the technological impact of uniquely specific industries. In line with the agreed scope and objective of the study, the company’s approach is uniquely custom detailed.

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