Asia Pacific Industrial Pumps Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
Description
Asia Pacific Industrial Pumps Market was valued at USD 17.7 billion in 2024 and is estimated to grow at a CAGR of 5.4% to reach USD 30 billion by 2034.
The region’s rapid industrialization and expanding manufacturing activities are driving strong demand for industrial pumps. Nations including China, India, Vietnam, and Indonesia are witnessing growth across chemicals, pharmaceuticals, food and beverage, and mining industries, all of which rely heavily on efficient fluid handling. Rising GDP, foreign direct investment in manufacturing hubs, and the adoption of advanced pump technologies are enhancing operational efficiencies. Infrastructure development and government initiatives in water, sanitation, and urbanization are further supporting the need for high-capacity, energy-efficient pumps, positioning the market for long-term expansion. Increasing industrial automation and emphasis on sustainability are also shaping the adoption of smart, IoT-enabled pump solutions.
The centrifugal pumps segment generated USD 8.8 billion in 2024 and is expected to grow at a CAGR of 5.7% through 2034. Their ability to handle large fluid volumes efficiently makes them essential for water and wastewater management, chemical processing, power generation, and oil and gas operations.
The direct distribution segment held a 62.7% share in 2024 and is projected to grow at a CAGR of 5.6% from 2025 to 2034. Industrial buyers prefer direct procurement for authenticity, technical customization, and compliance with stringent standards. Direct channels also provide access to advanced pump technologies, including IoT-enabled smart pumps and energy-efficient models.
China Industrial Pumps Market generated USD 2.4 billion in 2024 and is expected to grow at a CAGR of 5.7% through 2034. Government initiatives emphasizing modernization of water systems, industrial expansion, and sustainability are driving strong adoption of industrial pumps. Advanced technologies, such as variable frequency drives and smart pumps, are increasingly integrated to enhance efficiency and reliability.
Key players in the Asia Pacific Industrial Pumps Market include Flowserve, Ebara, Weir, Gardner Denver, SPX Flow, Atlas Copco, ITT, Sulzer, Kirloskar, Grundfos, KSB, Xylem, Wilo, Gorman-Rupp, and Tsurumi. Companies in the Asia Pacific Industrial Pumps Market are strengthening their foothold by investing heavily in R&D to develop energy-efficient and IoT-enabled pumps. They form strategic partnerships with industrial manufacturers to ensure adoption of their technologies. Expansion into emerging economies, direct sales channels, and localized support services improves customer trust and market penetration. Firms focus on sustainable manufacturing, customized solutions, and integration with smart infrastructure projects to enhance competitiveness and capture a larger market share.
The region’s rapid industrialization and expanding manufacturing activities are driving strong demand for industrial pumps. Nations including China, India, Vietnam, and Indonesia are witnessing growth across chemicals, pharmaceuticals, food and beverage, and mining industries, all of which rely heavily on efficient fluid handling. Rising GDP, foreign direct investment in manufacturing hubs, and the adoption of advanced pump technologies are enhancing operational efficiencies. Infrastructure development and government initiatives in water, sanitation, and urbanization are further supporting the need for high-capacity, energy-efficient pumps, positioning the market for long-term expansion. Increasing industrial automation and emphasis on sustainability are also shaping the adoption of smart, IoT-enabled pump solutions.
The centrifugal pumps segment generated USD 8.8 billion in 2024 and is expected to grow at a CAGR of 5.7% through 2034. Their ability to handle large fluid volumes efficiently makes them essential for water and wastewater management, chemical processing, power generation, and oil and gas operations.
The direct distribution segment held a 62.7% share in 2024 and is projected to grow at a CAGR of 5.6% from 2025 to 2034. Industrial buyers prefer direct procurement for authenticity, technical customization, and compliance with stringent standards. Direct channels also provide access to advanced pump technologies, including IoT-enabled smart pumps and energy-efficient models.
China Industrial Pumps Market generated USD 2.4 billion in 2024 and is expected to grow at a CAGR of 5.7% through 2034. Government initiatives emphasizing modernization of water systems, industrial expansion, and sustainability are driving strong adoption of industrial pumps. Advanced technologies, such as variable frequency drives and smart pumps, are increasingly integrated to enhance efficiency and reliability.
Key players in the Asia Pacific Industrial Pumps Market include Flowserve, Ebara, Weir, Gardner Denver, SPX Flow, Atlas Copco, ITT, Sulzer, Kirloskar, Grundfos, KSB, Xylem, Wilo, Gorman-Rupp, and Tsurumi. Companies in the Asia Pacific Industrial Pumps Market are strengthening their foothold by investing heavily in R&D to develop energy-efficient and IoT-enabled pumps. They form strategic partnerships with industrial manufacturers to ensure adoption of their technologies. Expansion into emerging economies, direct sales channels, and localized support services improves customer trust and market penetration. Firms focus on sustainable manufacturing, customized solutions, and integration with smart infrastructure projects to enhance competitiveness and capture a larger market share.
Table of Contents
180 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope and definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Data mining sources
- 1.3.1 Global
- 1.3.2 Regional/Country
- 1.4 Base estimates and calculations
- 1.4.1 Base year calculation
- 1.4.2 Key trends for market estimation
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.6 Forecast model
- 1.7 Research assumptions and limitations
- Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
- 2.2 Key market trends
- 2.2.1 Pump type
- 2.2.2 Power source
- 2.2.3 Flow rate
- 2.2.4 Technology
- 2.2.5 Price range
- 2.2.6 End use industry
- 2.2.7 Distribution channel
- 2.3 CXO perspectives: Strategic imperatives
- 2.3.1 Key decision points for industry executives
- 2.3.2 Critical success factors for market players
- 2.4 Future outlook and strategic recommendations
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Supplier landscape
- 3.1.2 Profit margin
- 3.1.3 Value addition at each stage
- 3.1.4 Factor affecting the value chain
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Rapid industrialization & manufacturing expansion
- 3.2.1.2 Massive infrastructure & water/wastewater investments
- 3.2.1.3 Infrastructure modernization & replacement needs
- 3.2.2 Industry pitfalls & challenges
- 3.2.2.1 Price volatility & supply chain disruptions
- 3.2.2.2 Technical failures & operational challenges
- 3.3 Growth potential analysis
- 3.4 Future market trends
- 3.5 Technology and innovation landscape
- 3.5.1 Current technological trends
- 3.5.2 Emerging technologies
- 3.6 Price trends
- 3.6.1 By Country
- 3.6.2 By Pump type
- 3.7 Regulatory landscape
- 3.7.1 Standards and compliance requirements
- 3.7.2 Regional regulatory frameworks
- 3.7.3 Certification standards
- 3.8 Trade analysis
- 3.8.1 Major importing countries
- 3.8.2 Major exporting countries
- 3.9 Porter’s analysis
- 3.10 PESTEL analysis
- Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Company matrix analysis, by country
- 4.4 Competitive analysis of major market players
- 4.5 Competitive positioning matrix
- 4.6 Key developments
- 4.6.1 Mergers & acquisitions
- 4.6.2 Partnerships & collaborations
- 4.6.3 New product launches
- 4.6.4 Expansion plans
- Chapter 5 Market Estimates & Forecast, By Pump Type, 2021 – 2034, (USD Billion) (Million Units)
- 5.1 Key trends
- 5.2 Centrifugal pumps
- 5.3 Positive displacement pumps
- 5.4 Diaphragm pumps
- 5.5 Gear pumps
- 5.6 Screw pumps
- 5.7 Others (piston pumps, progressive cavity pumps, etc.)
- Chapter 6 Market Estimates & Forecast, By Power Source, 2021 – 2034, (USD Billion) (Million Units)
- 6.1 Key trends
- 6.2 Electric & solar pumps
- 6.3 Diesel pumps
- 6.4 Others (gasoline solar etc.)
- Chapter 7 Market Estimates & Forecast, By Flow Rate, 2021 – 2034, (USD Billion) (Million Units)
- 7.1 Key trends
- 7.2 Below 100 m³/h
- 7.3 100 - 500 m³/h
- 7.4 Above 500 m³/h
- Chapter 8 Market Estimates & Forecast, By Technology, 2021 – 2034, (USD Billion) (Million Units)
- 8.1 Key trends
- 8.2 Conventional
- 8.3 Smart
- Chapter 9 Market Estimates & Forecast, By End Use Industry, 2021 – 2034, (USD Billion) (Million Units)
- 9.1 Key trends
- 9.2 Water & wastewater treatment
- 9.3 Chemicals and petrochemicals
- 9.4 Mining
- 9.5 Food and beverages
- 9.6 Construction
- 9.7 Oil & gas
- 9.8 Pharmaceutical
- 9.9 Marine
- 9.10 Pulp & paper
- 9.11 Others (agricultural, textile etc.)
- Chapter 10 Market Estimates & Forecast, By Distribution Channel, 2021 – 2034, (USD Billion) (Million Units)
- 10.1 Key trends
- 10.2 Direct sales
- 10.3 Indirect sales
- Chapter 11 Market Estimates & Forecast, By Country, 2021 – 2034, (USD Billion) (Million Units)
- 11.1 Key trends
- 11.2 China
- 11.3 India
- 11.4 Japan
- 11.5 South Korea
- 11.6 Australia
- 11.7 Indonesia
- 11.8 Malaysia
- 11.9 Rest of Asia Pacific
- Chapter 12 Company Profiles
- 12.1 Atlas Copco
- 12.2 Ebara
- 12.3 Flowserve
- 12.4 Gardner Denver
- 12.5 Gorman-Rupp
- 12.6 Grundfos
- 12.7 ITT
- 12.8 Kirloskar
- 12.9 KSB
- 12.10 SPX Flow
- 12.11 Sulzer
- 12.12 Tsurumi
- 12.13 Weir
- 12.14 Wilo
- 12.15 Xylem
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