엔지니어드 펌프 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 유형별, 용도별, 최종 사용별, 지역별, 경쟁(2021-2031년)

The Global Engineered Pumps Market is projected to expand from USD 50.12 Billion in 2025 to USD 69.15 Billion by 2031, reflecting a compound annual growth rate of 5.51%. Engineered pumps are specialized fluid handling systems custom-built to adhere to strict technical standards and distinct operational needs, such as managing high pressures, extreme temperatures, or the transport of corrosive substances. Unlike standard commercial units, these pumps are vital components within capital-intensive industries, including power generation, chemical processing, and oil and gas exploration. The market's growth is largely fueled by the continuous modernization of global water and wastewater infrastructure and the rising demand for energy-efficient industrial solutions to meet rigorous environmental standards, alongside the expansion of downstream processing capabilities in emerging economies.

However, the market confronts significant obstacles due to the volatility of raw material prices and global economic instability, which can postpone capital expenditure decisions for large-scale projects. Manufacturers must manage these financial uncertainties and complex supply chains to supply high-value equipment. This broader industrial slowdown is reflected in recent production data; according to the VDMA, the global manufacturing value of machines and equipment in 2024 was estimated at 3.26 trillion euros, marking a 1.5 percent decline from the previous year. This statistic underscores the constrained economic landscape in which engineered pump manufacturers operate, potentially hindering rapid market growth in the near future.

Market Driver

The growth of oil and gas exploration and refining operations acts as a primary catalyst for the engineered pumps market, creating a need for durable fluid handling systems capable of enduring high pressures and corrosive environments. With energy security remaining a persistent concern, operators are increasing capital spending on upstream projects and downstream facilities to ensure consistent supply. These applications demand API-compliant pumps engineered for extreme reliability during extraction and transportation phases. According to the International Energy Agency's 'World Energy Investment 2024' report from June 2024, global upstream oil and gas investment is anticipated to rise by 7 percent, reaching USD 570 billion in 2024. This increase in funding directly supports the procurement of specialized pumping systems essential for complex hydrocarbon recovery and refinery operations.

Simultaneously, the rising demand from water and wastewater treatment infrastructure propels market expansion as municipalities and industries upgrade aging systems to ensure regulatory compliance and water security. Engineered pumps are crucial for high-volume transfer, desalination, and filtration processes within these modernization initiatives. According to the July 2024 '2024 Price Review' draft determinations by Ofwat, the regulator proposed a spending plan allowing water companies in England and Wales to invest GBP 88 billion over the next five years to upgrade infrastructure. To illustrate the extensive demand for such fluid control technologies, Sulzer reported in 2024 that order intake in its Flow Equipment division rose to CHF 1.4 billion for the prior fiscal year. This sustained investment across critical sectors highlights the reliance on engineered solutions for essential utility and industrial functions.

Market Challenge

The volatility of raw material costs and global economic fluctuations poses a formidable barrier to the growth of the Global Engineered Pumps Market. This financial instability directly affects the feasibility of long-term capital projects in essential sectors like power generation and chemical processing. When economic indicators become unpredictable, industrial operators often postpone Final Investment Decisions (FIDs) to preserve liquidity. Consequently, manufacturers of engineered pumps, who depend on these high-value, bespoke contracts, face significant disruptions in their production schedules and revenue forecasts.

This hesitation in capital allocation is evident in recent industrial performance metrics. According to the VDMA Large-scale Plant Engineering Group, domestic order intake in Germany registered a decline of 38 percent in 2024 compared to the previous year. Such a substantial contraction indicates that major industrial players are deferring the modernization and expansion projects that typically drive the demand for heavy-duty fluid handling systems. Without stable economic conditions to support these large-scale infrastructure investments, the market for engineered pumps faces sustained pressure and reduced growth potential.

Market Trends

The adoption of Additive Manufacturing for complex components is rapidly transforming the production landscape for engineered pumps, specifically to address supply chain rigidities and the need for bespoke spare parts. Unlike traditional casting methods that require expensive molds and long lead times, 3D printing facilitates the on-demand fabrication of intricate hydraulic geometries, which is particularly vital for maintaining legacy equipment where original components are obsolete. This technology allows manufacturers to bypass logistical bottlenecks and deliver critical spares to capital-intensive sectors with significantly improved speed. A notable example of this efficiency was highlighted in Sulzer's 'Annual Report 2024' from February 2025, where the utilization of advanced additive manufacturing technology for a nuclear facility project allowed the company to reduce component production time by 75 percent, thereby minimizing operational downtime for the customer.

At the same time, the integration of the Industrial Internet of Things for predictive maintenance is reshaping the market as operators prioritize digital strategies to protect high-value assets. This trend involves embedding sensors and intelligent analytics within pumping systems to monitor vibration, temperature, and pressure in real-time, shifting maintenance strategies from reactive to predictive. By preventing catastrophic failures through data-driven insights, manufacturers are securing high-margin contracts that extend beyond hardware delivery to include lifecycle management and digital optimization. The commercial impact of this technological shift is evident in Flowserve Corporation's '2024 Annual Report' from February 2025, where the company revealed that its strategic initiatives focusing on diversification, decarbonization, and digitization captured 30 percent of its total bookings for the fiscal year, underscoring the growing reliance on digitally integrated fluid handling solutions.

Key Market Players

• Flowserve Corporation
• KSB SE & Co. KGaA
• Grundfos Holding A/S
• Xylem Inc.
• Wilo SE
• SPX FLOW, Inc.
• ITT Inc.
• Mitsubishi Heavy Industries, Ltd.
• Pentair plc

Report Scope

In this report, the Global Engineered Pumps Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Engineered Pumps Market, By Type

• Francis Turbine Pumps
• Volute Pumps
• Vertical Turbine Pumps
• Others

Engineered Pumps Market, By Application

• Irrigation Schemes
• Cooling Water
• Drainage & Flood Control
• Others

Engineered Pumps Market, By End-Use

• Agriculture & Lift Irrigation
• Building Services
• Power
• Oil & Gas
• Chemical
• Others

Engineered Pumps Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Engineered Pumps Market.

Available Customizations:

Global Engineered Pumps Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Engineered Pumps Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Francis Turbine Pumps, Volute Pumps, Vertical Turbine Pumps, Others)
  • 5.2.2. By Application (Irrigation Schemes, Cooling Water, Drainage & Flood Control, Others)
  • 5.2.3. By End-Use (Agriculture & Lift Irrigation, Building Services, Power, Oil & Gas, Chemical, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2025)
• 5.3. Market Map

6. North America Engineered Pumps Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Application
  • 6.2.3. By End-Use
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Engineered Pumps Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Application
      • 6.3.1.2.3. By End-Use
  • 6.3.2. Canada Engineered Pumps Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Application
      • 6.3.2.2.3. By End-Use
  • 6.3.3. Mexico Engineered Pumps Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Application
      • 6.3.3.2.3. By End-Use

7. Europe Engineered Pumps Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By End-Use
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Engineered Pumps Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Application
      • 7.3.1.2.3. By End-Use
  • 7.3.2. France Engineered Pumps Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Application
      • 7.3.2.2.3. By End-Use
  • 7.3.3. United Kingdom Engineered Pumps Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Application
      • 7.3.3.2.3. By End-Use
  • 7.3.4. Italy Engineered Pumps Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Application
      • 7.3.4.2.3. By End-Use
  • 7.3.5. Spain Engineered Pumps Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Application
      • 7.3.5.2.3. By End-Use

8. Asia Pacific Engineered Pumps Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By End-Use
  • 8.2.4. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Engineered Pumps Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Application
      • 8.3.1.2.3. By End-Use
  • 8.3.2. India Engineered Pumps Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Application
      • 8.3.2.2.3. By End-Use
  • 8.3.3. Japan Engineered Pumps Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Application
      • 8.3.3.2.3. By End-Use
  • 8.3.4. South Korea Engineered Pumps Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Application
      • 8.3.4.2.3. By End-Use
  • 8.3.5. Australia Engineered Pumps Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Application
      • 8.3.5.2.3. By End-Use

9. Middle East & Africa Engineered Pumps Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By End-Use
  • 9.2.4. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Engineered Pumps Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Application
      • 9.3.1.2.3. By End-Use
  • 9.3.2. UAE Engineered Pumps Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Application
      • 9.3.2.2.3. By End-Use
  • 9.3.3. South Africa Engineered Pumps Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Application
      • 9.3.3.2.3. By End-Use

10. South America Engineered Pumps Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By End-Use
  • 10.2.4. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Engineered Pumps Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Application
      • 10.3.1.2.3. By End-Use
  • 10.3.2. Colombia Engineered Pumps Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Application
      • 10.3.2.2.3. By End-Use
  • 10.3.3. Argentina Engineered Pumps Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Application
      • 10.3.3.2.3. By End-Use

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Engineered Pumps Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Flowserve Corporation
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. KSB SE & Co. KGaA
• 15.3. Grundfos Holding A/S
• 15.4. Xylem Inc.
• 15.5. Wilo SE
• 15.6. SPX FLOW, Inc.
• 15.7. ITT Inc.
• 15.8. Mitsubishi Heavy Industries, Ltd.
• 15.9. Pentair plc

16. Strategic Recommendations

17. About Us & Disclaimer