Pumps Market 2016-2020

  • Published: May 2016
  • Pages: 112
  • SKU: IRTNTR8378

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The global pumps market size will grow by over USD 12.9 billion during 2016-2020. This research report provides a detailed analysis of this global market by product (centrifugal pumps, specialty pumps, and positive displacement pumps), by end-users (oil and gas industry, chemical industry, water and wastewater industry, building services, and power generation), and geography (the Americas, APAC, and EMEA). Moreover, the report also provides an analysis of the market’s competitive landscape and offers information on several pump manufacturers including Flowserve, Grundfos, ITT, KSB, and Sulzer.

Below are some of the key findings from our pumps market analysis report


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Global pumps market outlook 

Technavio’s research analysts have predicted that the global pumps market will register a CAGR of 5% during the forecast period. Factors such as increased investment in water and wastewater recycling plants are fueling its growth. The water and wastewater industry is growing significantly due to a rise in population, urbanization, and manufacturing activities. Industries such as power, pharmaceuticals, and food and beverage are heavily water-reliant and will have a significant impact on the global demand for water. The production increase in these manufacturing industries makes water conservation and adherence to stringent environmental guidelines paramount. Also, governments of developing countries are also investing heavily in the wastewater industry for wastewater treatment, which is benefitting market growth.

Growing application of 3-D printing technology is a significant trend in the market. The new field of 3-D printing technology has seen significant advances in the last decade with fabrication techniques becoming less expensive and more accessible thanks to its use. Pump manufacturers have combined 3-D printing technology with modeling software. The twin fields of 3-D and computer modeling technologies have opened a whole new frontier in pump design, repair, and replacement. This trend will continue to impact the cost of manufacturing pumps and boost its demand until 2020.

Global pumps market segmentation by product 

  • Centrifugal pumps
  • Specialty pumps
  • Positive displacement pumps

The centrifugal pumps segment dominated the market during 2015. One of the reasons that will push the demand for these pumps is an increase in infrastructure development, especially in developing countries such as India and China.

Global pumps market segmentation by end-user 

  • Oil and gas 
  • Chemical
  • Water and wastewater
  • Building
  • Residential construction

The oil and gas industry accounted for 23% of the market share during 2015. Pumps are used for hydrocarbon production, transportation, and refining activities. Growing energy demand has propelled the production of oil and gas in this segment. It has subsequently increased the demand for pumps in this sector. The discovery of new reserves such as Lula oil field in Brazil and increased demand for oil/petroleum products in key growth markets, including BRIC countries, Asia, and the Middle East are expected to have a positive impact on the demand for pumps in the oil and gas industry.


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Global pumps market segmentation by geography

  • Americas
  • APAC
  • EMEA

APAC accounted for the largest market share during 2015, and it is expected to grow at a CAGR of about 6% over the forecast period. Increased use of positive displacement pumps in APAC is also contributing to its market growth. Underlying factors that aid its use lies in the rapid industrialization and urbanization that APAC countries are experiencing currently.

Competitive landscape and key vendors

The global pumps market is highly competitive, and intense competition among vendors has led to increased number of strategic mergers and acquisitions in this market. Major players use mergers and acquisitions to increase their geographical foothold and to expand their product. For instance, in early 2015, Flowserve, one of the leading providers of engineered vacuum and fluid pumps, acquired SIHI group. This move further fortifies Flowserve’s extensive portfolio of products and services.

The report offers a detailed analysis of several leading companies, including:

  • Flowserve
  • Grundfos
  • ITT
  • KSB
  • Sulzer

Other prominent vendors in the market include Atlas Copco, Baker Hughes, Clyde Union, Ebara, Busch, Gardner Denver, Pfeiffer, ULVAC, GE, Halliburton, Schlumberger, and Weir Group.

Key highlights of the global pumps​ market for the forecast years 2016-2020:

  • CAGR of the market during the forecast period 2016-2020
  • Detailed information on factors that will accelerate the growth of the pumps​ market during the next five years
  • Precise estimation of the global pumps​ market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • Growth of the pumps​ industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive information about factors that will challenge the growth of pump companies

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

  • Market overview
  • Market size and forecast
  • Global centrifugal pump market
  • Global specialty pumps market
  • Global positive displacement pump market

PART 07: Market segmentation by end-users

  • Market overview
  • Market size and forecast
  • Global pump market by oil and gas industry
  • Global pump market by chemical industry
  • Global pump market by water and wastewater industry
  • Global pump market by building services
  • Global pumps market by power generation

PART 08: Geographical segmentation

  • Pump market in APAC
  • Pump market in EMEA
  • Global pump market in Americas

PART 09: Market drivers

  • Growing demand for pumps in MENA
  • Rising adoption of solar pumps
  • Self-cleaning pumps to solve issue of aging infrastructure
  • Growth in water recycling and wastewater management industry

PART 10: Impact of drivers

PART 11: Market challenges

  • Fluctuations in oil and gas industry
  • Environmental regulations and guidelines
  • Lack of awareness and stringent regulations

PART 12: Impact of drivers and challenges

PART 13: Market trends

  • Next-generation industrial automation
  • Growing application of 3-D printing in pump industry
  • Increased use of magnetic drive pumps
  • Increase in M&A

PART 14: Vendor landscape

  • Other prominent vendors

PART 15: Key vendor analysis

  • Flowserve
  • Grundfos
  • ITT
  • KSB2
  • Sulzer4

PART 16: Appendix

List of abbreviations

PART 17: Explore Technavio


Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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