산업용 펌프 시장 : 시장 점유율 분석, 산업 동향, 통계, 성장 예측(2025-2030년)

The industrial pump market size stood at USD 48.2 billion in 2025 and is set to reach USD 60.78 billion by 2030, reflecting a 4.75% CAGR.

Sustained replacement of aging municipal networks, petrochemical capacity additions, and tighter efficiency rules underpinned the market's resilience through prolonged supply-chain volatility. Capital spending on water treatment remained the single largest pull-forward of demand, with the United States alone earmarking more than USD 50 billion for water infrastructure upgrades between 2022 and 2026. Mega-projects in Qatar and Saudi Arabia continued to lift orders for high-specification pumps capable of handling corrosive, high-temperature media in ethylene crackers and gas-processing trains. Asia-Pacific retained volumetric leadership on the back of large-scale industrialization across China, India, and Southeast Asia, while the Middle East and Africa posted the fastest growth trajectory as petrochemical diversification accelerated.

Global Industrial Pump Market Trends and Insights

Rising Water and Wastewater Treatment Spending Globally

Record municipal budgets released in 2024 and early 2025 translated into larger tender volumes for high-capacity centrifugal and submersible sewage pumps. The US Environmental Protection Agency estimated long-term rehabilitation needs above USD 744 billion, prompting multi-phase upgrades such as Sioux City's USD 465 million regional facility and Cape Fear's USD 239 million Southside plant. Advanced treatment mandates drove interest in high-pressure reverse-osmosis trains, with Sulzer's vertical multistage systems underpinning Egypt's Al Mahsama drainage reclamation project. Utilities are increasingly embedding wireless sensors that stream vibration and temperature data into cloud dashboards, shortening mean-time-to-repair on critical units. Procurement frameworks began weighting total-cost-of-ownership calculations that favor energy-efficient designs, nudging buyers toward premium efficiency motors that comfortably clear EU MEI thresholds. Heightened monitoring obligations also expanded aftermarket revenue pools, anchoring recurring service contracts for OEMs.

Expansion of Petrochemical Capacity in MEA

Gulf producers pushed downstream diversification agendas, awarding EPC contracts for crackers, polymer units, and gas-processing trains that collectively require thousands of corrosion-resistant pumps. Qatar's Ras Laffan polymers complex, budgeted at USD 6 billion, incorporated a 2,080 KTA ethane cracker slated for 2027 on-stream dates. Saudi Arabia's USD 11 billion Amiral project added 1.65 million tons of ethylene nameplate capacity integrated with SATORP's refinery, multiplying demand for API 610 compliant pumps that withstand 400°F discharge temperatures. Local-content clauses inside procurement tenders intensified incentives for international OEMs to localize casing machining and final assembly. End-users prioritized variable-frequency drives to curb power draw, reinforcing adoption of smart motor controls that align with regional energy-efficiency ambitions.

Volatility in Steel and Copper Prices Inflating TCO

Copper cleared USD 10,000 per metric ton in 2024 and flirted with USD 11,000 amid looming supply deficits, hiking producer input costs by 3.5%-4.2% on copper-intensive stators and windings. Carbon-neutral steel initiatives added further unpredictability as mills passed on green-premium surcharges linked to hydrogen-based production. Manufacturers responded by tightening hedging programs, redesigning casings for material thrift, and introducing dynamic price clauses into supply contracts. End-users, meanwhile, deferred discretionary replacements, stretching the mean equipment life and tempering near-term shipment volumes in the industrial pump market.

Other drivers and restraints analyzed in the detailed report include:

1. Rapid Industrial Infrastructure Build-out Across Asia-Pacific
2. Demand for Corrosion-Resistant Pumps in Green-Hydrogen Electrolyzers
3. Stricter Pump-Efficiency Directives Delaying Cap-ex Cycles

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Centrifugal units retained 62.4% of 2024 revenue, anchoring the industrial pump market through their proven cost-performance balance in water supply, chemical transfer, and HVAC loops. The segment generated steady aftermarket volumes, given typical mean-time-between-overhauls of three years in municipal duty cycles. However, specialty demands in viscous slurry handling shifted incremental share toward progressing cavity designs, which are projected to clock 7.8% CAGR through 2030. The progressing cavity cohort captured a rising slice of the industrial pump market size for petrochemical and mining customers that prize low-shear conveyance. Meanwhile, reciprocating and diaphragm pumps preserved critical roles in high-pressure injection and sanitary production, respectively, albeit with niche footprints. IoT retrofits became common even on legacy centrifugal sets, enabling predictive vibration analytics that cut unscheduled downtime by up to 30%.

Progressing cavity manufacturers invested heavily in wear-resistant rotor coatings to extend service intervals beyond 8,000 hours under abrasive duty. Rotary gear and peristaltic pumps addressed emerging micro-dosing tasks within battery-materials manufacturing lines, underscoring the breadth of end-use innovation. Digital twins built from sensor telemetry allowed operators to simulate cavitation risk across the hydraulic envelope, driving process-control refinements that protect impellers. Suppliers continued to emphasize modular cartridge seals that simplify maintenance and shrink spare inventory. With regulatory spotlight fixed on energy intensity, efficiency upgrades in casing volutes and diffuser vanes became a competitive must-have across all pump types in the broader industrial pump market.

Electric-driven assemblies held a commanding 78.5% share in 2024, benefitting from near-universal grid access in industrialized economies and the incremental efficiency yields of variable-frequency drives. Field data logged by Graco's QUANTM platform demonstrated up to 85% motor efficiency thanks to transverse-flux topology, reinforcing the narrative of electricity-based lifecycle cost advantage. Solar-powered solutions, however, emerged as the fastest expanding slice of the industrial pump industry, advancing at an 11.5% CAGR on the back of rural irrigation projects in Africa and South Asia. Installation costs ranging from EUR 76.23 (USD 89.13) to EUR 1,219.59 (USD 1,425.95) translated to competitive levelized costs, particularly once fuel-logistics premiums on diesel sets were factored in.

Diesel-engine packages retained strategic relevance for oilfield fracturing and emergency stormwater evacuation, where grid resilience remained questionable. Hydraulic and pneumatic drives continued to serve hazardous-area placements and mobile plant equipment that prized power density and ignition safety. Hybrid microgrid solutions that pair PV arrays with lithium-ion storage entered the pilot stage at several Indonesian mines, offering 24/7 uptime without diesel supplementation. VFD retrofits on existing electric fleets shaved energy bills by up to 20% in continuous-duty desalination applications. Altogether, the power-source mix illustrated end-user pragmatism, but electric leadership in the industrial pump market is expected to persist through the forecast horizon.

Industrial Pump Market is Segmented by Pump Type (Centrifugal, Reciprocating, Rotary, and More), Power Source (Electric, Diesel, Solar, and More), End-User Industry (Oil and Gas, Water and Waste-Water, Chemicals and Petrochemicals, Power Generation, Mining, Food and Beverage, and More), Pump Orientation (Submersible, and Surface), and Geography (North America, South America, Europe, Asia-Pacific, and Middle East and Africa).

Geography Analysis

Asia-Pacific dominated with 45.3% revenue in 2024 after decades of industrial build-out, extensive municipal upgrades, and policy-driven manufacturing localization. New ethylene cracker complexes in Fujian and large-scale desalination schemes in Australia magnified the procurement of high-efficiency multistage pumps. China's stimulus for wastewater reuse and India's Production Linked Incentive program for chemicals continued to channel orders toward both global and domestic pump manufacturers. Regulatory pushes around electricity intensity and carbon footprints incentivized operators to retrofit VFDs, nudging market volume toward premium-efficiency product lines within the industrial pump market.

The Middle East and Africa posted the fastest 6.3% CAGR, propelled by USD 17 billion in combined petrochemical investments across Saudi Arabia, Qatar, and the United Arab Emirates. Desalination, such as NEOM's 1 million m3/day seawater project, demanded high-pressure duplex-steel pumps tolerant to chloride stress-corrosion. African mining expansions in Zambia and the Democratic Republic of Congo increased orders for abrasion-resistant slurry units. Local content frameworks pushed OEMs to open service hubs in Oman and South Africa, shortening turnaround times on overhauls and reinforcing brand loyalty.

North America experienced a steady replacement cycle driven by water infrastructure bills, with California, Texas, and Florida aggregating the bulk of tenders for replacement centrifugal and vertical turbine pumps. Energy policy incentives supported early adoption of hydrogen electrolysis, sparking niche orders for corrosion-resistant circulation pumps. Europe's stringent MEI regulations stimulated demand for ultra-high-efficiency designs and encouraged plant owners to reassess total-cost-of-ownership metrics. Latin America, though smaller, witnessed steady uptake in agricultural irrigation pumps and mining-related demand in Chile and Peru. Across all regions, digital service propositions featuring predictive maintenance became a decisive factor in bid evaluations, further shaping competitive standings in the industrial pump market.

1. Flowserve Corporation
2. Grundfos Holding A/S
3. Xylem Inc.
4. Sulzer Ltd.
5. KSB SE & Co. KGaA
6. ITT Inc.
7. Ebara Corporation
8. The Weir Group PLC
9. Schlumberger NV (REDA Pump)
10. Baker Hughes Company
11. SPX FLOW Inc.
12. Wilo SE
13. Dover Corporation
14. Pentair plc
15. Franklin Electric Co. Inc.
16. Tsurumi Manufacturing Co. Ltd.
17. Kirloskar Brothers Ltd.
18. Atlas Copco AB
19. Ruhrpumpen Group
20. Zoeller Company
21. Roto Pumps Ltd.
22. Gardner Denver LLC (Ingersoll Rand)
23. ClydeUnion Pumps (Celeros Flow Tech)
24. LEWA GmbH
25. Graco Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising water and waste-water treatment spending globally
  • 4.2.2 Expansion of petrochemical capacity in MEA
  • 4.2.3 Rapid industrial infrastructure build-out across Asia-Pacific
  • 4.2.4 Demand for corrosion-resistant pumps in green-hydrogen electrolyzers
  • 4.2.5 Predictive-maintenance IoT service models unlocking aftermarket revenue
• 4.3 Market Restraints
  • 4.3.1 Volatility in steel and copper prices inflating TCO
  • 4.3.2 Stricter pump-efficiency directives delaying cap-ex cycles
  • 4.3.3 Shift to motor-less gravity micro-irrigation systems in arid economies
• 4.4 Value Chain Analysis
• 4.5 Technological Outlook
• 4.6 Regulatory Landscape
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Intensity of Competitive Rivalry
• 4.8 Impact of Macroeconomic Factors

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Pump Type
  • 5.1.1 Centrifugal
  • 5.1.2 Reciprocating
  • 5.1.3 Rotary
  • 5.1.4 Diaphragm
  • 5.1.5 Progressing Cavity
  • 5.1.6 Others
• 5.2 By Power Source
  • 5.2.1 Electric
  • 5.2.2 Diesel
  • 5.2.3 Solar
  • 5.2.4 Hydraulic
  • 5.2.5 Pneumatic
• 5.3 By End-user Industry
  • 5.3.1 Oil and Gas
  • 5.3.2 Water and Waste-water
  • 5.3.3 Chemicals and Petrochemicals
  • 5.3.4 Power Generation
  • 5.3.5 Mining
  • 5.3.6 Food and Beverage
  • 5.3.7 Pharmaceuticals
  • 5.3.8 Pulp and Paper
  • 5.3.9 Others
• 5.4 By Pump Orientation
  • 5.4.1 Submersible
  • 5.4.2 Surface
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Russia
    • 5.5.3.6 Rest of Europe
  • 5.5.4 Asia-Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 South Korea
    • 5.5.4.4 India
    • 5.5.4.5 Taiwan
    • 5.5.4.6 Rest of Asia-Pacific
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Turkey
    • 5.5.5.1.2 Israel
    • 5.5.5.1.3 GCC Countries
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 South Africa
    • 5.5.5.2.2 Nigeria
    • 5.5.5.2.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 Flowserve Corporation
  • 6.4.2 Grundfos Holding A/S
  • 6.4.3 Xylem Inc.
  • 6.4.4 Sulzer Ltd.
  • 6.4.5 KSB SE & Co. KGaA
  • 6.4.6 ITT Inc.
  • 6.4.7 Ebara Corporation
  • 6.4.8 The Weir Group PLC
  • 6.4.9 Schlumberger NV (REDA Pump)
  • 6.4.10 Baker Hughes Company
  • 6.4.11 SPX FLOW Inc.
  • 6.4.12 Wilo SE
  • 6.4.13 Dover Corporation
  • 6.4.14 Pentair plc
  • 6.4.15 Franklin Electric Co. Inc.
  • 6.4.16 Tsurumi Manufacturing Co. Ltd.
  • 6.4.17 Kirloskar Brothers Ltd.
  • 6.4.18 Atlas Copco AB
  • 6.4.19 Ruhrpumpen Group
  • 6.4.20 Zoeller Company
  • 6.4.21 Roto Pumps Ltd.
  • 6.4.22 Gardner Denver LLC (Ingersoll Rand)
  • 6.4.23 ClydeUnion Pumps (Celeros Flow Tech)
  • 6.4.24 LEWA GmbH
  • 6.4.25 Graco Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-Need Assessment