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.
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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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