Industrial Pumps Market Size Set to Register US$ 90 Billion by 2026

Pune, India -- (SBWire) -- 05/16/2019 --The Global Industrial Pumps Market is estimated to grow at CAGR above 6% over the forecast time frame 2019-2026 and reach the market value around USD 90 billion by 2026.

Pumping systems are essential for efficient operation for any process or manufacturing plant. Industrial pumps are used in different applications of industry, among them power plants and petrochemical plants, which support the generation and production process directly and usually for longer durations. Around 27% of all energy consumed by any industry is estimated to be motorized machinery. This gives manufacturers of industrial pumps the opportunity for improved efficiency and new and more innovative products.

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The growing demand for wastewater treatments and the oil and gas industries is expected to stimulate industry growth over the forecast period as a result of the population outbreak and world-wide industrialisation. Increasing industrialization, rapid urbanization, technological developments and infrastructure growth are the key drivers for increasing energy fuel demand that have led to growth in the petroleum and gas and power sectors. In turn, these factors will propel the growth of the market. Due to its broad use in various end use industries, the water and wastewater application segment held the largest proportion. Strict energy efficiency regulations are also expected to drive the segment in industrial pumps of different types.

Due to their prevalent consumption of utilities and floors of manufacturing units, centrifugal pumps are expected to dominate the industrial pump market. Centrifugal pump is expected to hold the highest market share in the forecast period and was valued to USD more than 43 billion in 2018.

The demand for industrial pumps is expected to increase due to increased productivity from the end-user industry. Due to its wide variety in applications such as water and wastewater, power generation, chemical, oil and gas demand for the product is increasing. As a result, industrial pumps manufacturers have increased their expenditure to provide consumers with value-added benefits.

Price fluctuations in industrial pump components are projected to affect capital investments over the forecast period, due to high demand from user industries. Increased investment in strategic merger and acquisition by key players is projected to increase the market demand during the forecast period to develop low-cost manufacture processes.

In addition, replacement of the country's existing industrial water and wastewater infrastructure is likely to be an additional market driver. In order to control water flow rates, the amplified use of high-pressure pumps in Germany would to some extent offer room for product consumption. As a result of high demand from end-use industries, like transport, packaging and building, China is expectations to develop as the fastest-growing market for petrochemicals.

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Market Snapshots

The US market sales in the offshore and on-shore unconventional gas and gas industries are projected to grow by0-about 5 per cent over the forecast period.

The German market in 2018 was estimated at USD 1.8 billion.

Due to increasing demand for reverse osmosis and membrane separation technology, the provision is projected to grow significantly during the period.

The market in China, due to torpid industrialization and increased urbanisation, is expected to reach USD 23.8 billion by 2026.

Regional Stance

The region of Asia Pacific (APAC) will provide huge potential opportunities for pump manufacturers as there is a risk of substantial growth for the automotive, construction and manufacturing industries in future years. In fact the tough impact of the recent downturn also places a severe strain on the development of the industrial pump market in this region with tough competition from low cost producers in developing countries. In general, customers are inclined to low-cost, environmentally-friendly products. This factor has a considerable impact on the industrial pump market.

Key Players & Strategies

A.R. is one of the key industries involved. SPX Flow Inc., SPX, Inc., Vaughan Company, and Iwaki America Inc. partnerships are among the most important trends in the market. North America, Inc.; Colfax Corporation; Flowserve Corporation; ITT Corporation; Roper Technologies Inc.. In order to expand their product portfolio, international players are focusing on the strategic purchase of SMEs. In the next few years there is therefore expected intensive rivalry between the players.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Industrial Pumps
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Pumps Market By Product
1.2.2.1. Global Industrial Pumps Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Industrial Pumps Market Revenue Share By Product in 2017
1.2.2.3. Centrifugal
1.2.2.4. Rotary
1.2.2.5. Reciprocating
1.2.2.6. Diaphragm
1.2.3. Industrial Pumps Market By Application
1.2.3.1. Global Industrial Pumps Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Industrial Pumps Market Revenue Share By Application in 2017
1.2.3.3. Oil & Gas
1.2.3.4. Construction
1.2.3.5. Power Generation
1.2.3.6. Chemicals
1.2.3.7. Water & Wastewater
1.2.3.8. Others
1.2.4. Industrial Pumps Market by Geography
1.2.4.1. Global Industrial Pumps Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Industrial Pumps Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Industrial Pumps Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Industrial Pumps Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Industrial Pumps Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Industrial Pumps Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Industrial Pumps Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Industrial Pumps Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Industrial Pumps Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Industrial Pumps Major Manufacturers in 2017

CHAPTER 4. INDUSTRIAL PUMPS MARKET BY PRODUCT

4.1. Global Industrial Pumps Revenue By Product
4.2. Centrifugal
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Rotary
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Reciprocating
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Diaphragm
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. INDUSTRIAL PUMPS MARKET BY APPLICATION

5.1. Global Industrial Pumps Revenue By Application
5.2. Oil & Gas
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Construction
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Power Generation
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Chemicals
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Water & Wastewater
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA INDUSTRIAL PUMPS MARKET BY COUNTRY

6.1. North America Industrial Pumps Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Industrial Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Industrial Pumps Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE INDUSTRIAL PUMPS MARKET BY COUNTRY

7.1. Europe Industrial Pumps Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Industrial Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC INDUSTRIAL PUMPS MARKET BY COUNTRY

8.1. Asia-Pacific Industrial Pumps Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Industrial Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA INDUSTRIAL PUMPS MARKET BY COUNTRY

9.1. Latin America Industrial Pumps Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Industrial Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST INDUSTRIAL PUMPS MARKET BY COUNTRY

10.1. Middle East Industrial Pumps Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Industrial Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA INDUSTRIAL PUMPS MARKET BY COUNTRY

11.1. Africa Industrial Pumps Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Industrial Pumps Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. SPX Flow Inc
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Vaughan Company
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Iwaki America Inc.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. North America, Inc
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Colfax Corporation
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Flowserve Corporation
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. ITT Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Roper Technologies Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Others
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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