
Global Positive Displacement Pumps Market 2023
Description
Global Positive Displacement Pumps Market 2023
The global positive displacement pumps industry has seen strong growth, with the market size increasing from USD 7,474 million in 2020 to USD 8,858 million in 2023 at a CAGR of 5.8%. It is projected to reach USD 10,839 million by 2028, with a CAGR of 4.1% from 2023 to 2028. The rebound in revenue in 2023 was driven by increased demand in Asia-Pacific and North America, particularly in hygienic and sterile applications in the food, beverage, and healthcare industries. This surge in demand led to a rise in new orders for positive displacement pumps.
The size of North America positive displacement pumps industry increased from US$ 2,226 million in 2020 to US$ 2,668 million in 2023 at a CAGR of 6.2%, which is expected to reach US$ 3,263 million in 2028 with a CAGR of 4.1% from 2023 to 2028, according to Tanalyze. In 2023, North American manufacturers are focusing on resolving supply chain vulnerabilities, promoting domestic production, and investing in clean energy. The region has experienced signs of recovery in manufacturing activities, but supply chain constraints and economic barriers have posed challenges.
The top 5 players in the global pumps market held a combined market share of over 20% in 2022. These leaders included Flowserve Corp., Sulzer AG, KSB SE & Co. KGaA, Xylem, Inc., and Grundfos AS. Other prominent companies operating in this market include ITT, Inc., IDEX Corporation, Dover Corporation, Ebara Corporation, SPX Flow, Inc., Ingersoll Rand Inc., among others.
The global positive displacement pumps industry has seen strong growth, with the market size increasing from USD 7,474 million in 2020 to USD 8,858 million in 2023 at a CAGR of 5.8%. It is projected to reach USD 10,839 million by 2028, with a CAGR of 4.1% from 2023 to 2028. The rebound in revenue in 2023 was driven by increased demand in Asia-Pacific and North America, particularly in hygienic and sterile applications in the food, beverage, and healthcare industries. This surge in demand led to a rise in new orders for positive displacement pumps.
The size of North America positive displacement pumps industry increased from US$ 2,226 million in 2020 to US$ 2,668 million in 2023 at a CAGR of 6.2%, which is expected to reach US$ 3,263 million in 2028 with a CAGR of 4.1% from 2023 to 2028, according to Tanalyze. In 2023, North American manufacturers are focusing on resolving supply chain vulnerabilities, promoting domestic production, and investing in clean energy. The region has experienced signs of recovery in manufacturing activities, but supply chain constraints and economic barriers have posed challenges.
The top 5 players in the global pumps market held a combined market share of over 20% in 2022. These leaders included Flowserve Corp., Sulzer AG, KSB SE & Co. KGaA, Xylem, Inc., and Grundfos AS. Other prominent companies operating in this market include ITT, Inc., IDEX Corporation, Dover Corporation, Ebara Corporation, SPX Flow, Inc., Ingersoll Rand Inc., among others.
Table of Contents
145 Pages
- FIGURES AND TABLES
- Part 1. Key Findings
- Part 2. Scope and Methodology
- Report Scope
- Product Type
- Application
- Region
- Research Methodology
- Part 3. Positive Displacement Pumps Market Overview
- Summary
- Part 4. Market Dynamics
- Key Factors Shaping the Global Pumps Market
- Growth Drivers
- Future Trends
- Opportunities
- Part 5. Global Positive Displacement Pumps Market by Type
- Part 6. Global Positive Displacement Pumps Market by Application
- Part 7. Global Positive Displacement Pumps Market by Region
- Part 8. North America Positive Displacement Pumps Market
- Market Overview
- Market by Positive Displacement Pumps Type
- Market by Country
- Part 9. Europe Positive Displacement Pumps Market
- Market Overview
- Market by Positive Displacement Pumps Type
- Market by Country
- Part 10. Asia Pacific Positive Displacement Pumps Market
- Market Overview
- Market by Positive Displacement Pumps Type
- Market by Country
- Part 11. Latin America Positive Displacement Pumps Market
- Market Overview
- Market by Positive Displacement Pumps Type
- Market by Country
- Part 12. Middle East and Africa (MEA) Positive Displacement Pumps Market
- Market Overview
- Market by Positive Displacement Pumps Type
- Market by Region
- Part 13. Competitive Analysis
- Competition Overview
- Recent Developments
- Flowserve Corporation
- Business Overview
- Contact Information
- Sulzer AG
- Business Overview
- Contact Information
- KSB SE & Co. KGaA
- Business Overview
- Contact Information
- Xylem, Inc.
- Business Overview
- Contact Information
- Grundfos AS
- Business Overview
- Contact Information
- ITT, Inc.
- Business Overview
- Contact Information
- IDEX Corporation
- Business Overview
- Contact Information
- Dover Corporation
- Business Overview
- Contact Information
- Ebara Corporation
- Business Overview
- Contact Information
- SPX Flow, Inc.
- Business Overview
- Contact Information
- Ingersoll Rand Inc.
- Business Overview
- Contact Information
- Part 14. Prospects
- Disclaimer
- FIGURES AND TABLES
- Global Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
- Global Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
- Global Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
- Global Positive Displacement Pumps Market by Application, 2020-2028 (USD Million)
- Global Positive Displacement Pumps Market by Application, CAGR Historic and Forecast, 2020-2028
- Global Displacement Pumps Market Share by Region, 2022
- Global Positive Displacement Pumps Market by Region, 2020-2028 (USD Million)
- Global Positive Displacement Pumps Market by Region, CAGR Historic and Forecast, 2020-2028
- North America Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
- North America Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
- North America Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
- North America Positive Displacement Pumps Market Share by Country, 2022
- Europe Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
- Europe Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
- Europe Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
- Europe Positive Displacement Pumps Market Share by Country, 2022
- Asia Pacific Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
- Asia Pacific Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
- Asia Pacific Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
- Asia-Pacific Positive Displacement Pumps Market Share by Country, 2022
- Latin America Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
- Latin America Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
- Latin America Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
- Latin America Positive Displacement Pumps Market Share by Country, 2022
- Middle East and Africa (MEA) Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
- Middle East and Africa (MEA) Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
- Middle East and Africa (MEA) Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
- Middle East and Africa Positive Displacement Pumps Market Share by Region, 2022
- Global Pumps Market Share, by Top Company, 2022
- Flowserve Corporation Financial Overview (USD Million)
- Flowserve Corporation Revenue, by Type, 2022
- Flowserve Corporation Revenue, by Segment, 2022
- Flowserve Corporation Revenue, by Region, 2022
- Sulzer AG Financial Overview (CHF Million)
- Sulzer AG Revenue, by Segment, 2022
- Sulzer AG Revenue, by Region, 2022
- Sulzer AG Revenue, by Country, 2022
- KSB SE & Co. KGaA Pumps Segment Revenue (EUR Million)
- KSB SE & Co. KGaA Financial Overview (EUR Million)
- KSB SE & Co. KGaA Revenue, by Segment, 2022
- KSB SE & Co. KGaA Revenue, by Type, 2022
- Xylem, Inc. Pumps, Accessories, Parts and Service Revenue (USD Million)
- Xylem, Inc. Financial Overview (USD Million)
- Xylem, Inc. Revenue, by Segment, 2022
- Xylem, Inc. Revenue, by Type, 2022
- Xylem, Inc. Revenue, by Region, 2022
- Grundfos AS Financial Overview (DKK Million)
- Grundfos AS Revenue, by Divisions, 2022
- Grundfos AS Revenue, by Region, 2022
- ITT, Inc. Chemical and Industrial Pumps Revenue (USD Million)
- ITT, Inc. Financial Overview (USD Million)
- ITT, Inc. Revenue, by Segment, 2022
- ITT, Inc. Revenue, by Industry, 2022
- ITT, Inc. Revenue, by Region, 2022
- IDEX Corporation Pumps Revenue (USD Million)
- IDEX Corporation Financial Overview (USD Million)
- IDEX Corporation Revenue, by Segment, 2022
- IDEX Corporation Revenue, by Region, 2022
- Dover Corporation Pumps & Process Solutions Revenue (USD Million)
- Dover Corporation Financial Overview (USD Million)
- Dover Corporation Revenue, by Segment, 2022
- Dover Corporation Revenue, by Region, 2022
- Ebara Corporation Pumps Revenue (JPY Billion)
- Ebara Corporation Financial Overview (JPY Million)
- Ebara Corporation Revenue, by Service and Support (S&S) Revenue Ratio, 2022
- Ebara Corporation Revenue, by Segment, 2022
- Ebara Corporation Revenue, by Region, 2022
- Ingersoll Rand Inc. Financial Overview (USD Million)
- Ingersoll Rand Inc. Revenue, by Segment, 2022
- Ingersoll Rand Inc. Revenue, by Product Categories, 2022
- Ingersoll Rand Inc. Revenue, by Region, 2022
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