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Construction Pump Market Size - By Product type (Centrifugal Pumps, Positive Displacement Pumps, Submersible Pumps, Vacuum Pumps, Diaphragm Pumps, Others (Gear Pumps, Jet Pumps, etc.), By Distribution channel (Direct, indirect), By Horsepower & Forecast, 2024 – 2032

  • Report ID: GMI10572
  • Published Date: Aug 2024
  • Report Format: PDF

Construction Pump Market Size

Construction Pump Market was valued at approximately USD 5.55 billion in 2023 and is anticipated to register a CAGR of 4.7% between 2024 and 2032, owing to the rapid urbanization and infrastructure development. As cities grow and new infrastructure projects start, the demand for construction pumps increases. These pumps are essential for placing concrete in tall buildings and large projects, managing water for issues like flooding and wastewater treatment, and supporting industrial processes such as dewatering and material handling. With cities modernizing and building new infrastructure, the need for advanced construction pumps increases further growing the overall market.
 

Construction Pump Market

Additionally, technological advancement is contributing to the growth of the construction pump market These innovations have significantly boosted pump performance, efficiency, and reliability. Smart pumps, equipped with sensors and IoT connectivity, enable real-time monitoring and diagnostics, thus improving operational precision. Whereas advanced control systems are optimizing pumping processes, reducing downtime, and lowering maintenance costs. The development of more durable, corrosion-resistant materials is extending pump lifespans and decreasing the frequency of replacements.
 

The global construction pumps market faces significant challenges in complying with stringent regulations on emissions, noise, safety, and energy efficiency. Additionally, industries must manage waste and recycling in accordance with environmental guidelines and handle the complexities of certification and documentation. Varying regulatory and environmental compliance standards across regions pose significant challenges for manufacturers, increasing operational complexities and costs. Additionally, the initial investment required for construction pumps, which includes the cost of the pump, installation, training, and maintenance, further increases industry challenges. These high costs, particularly are higher for smaller enterprises or those with constrained budgets, often impacting their ability to procure and upgrade essential equipment, thereby impacting their competitiveness and operational efficiency.
 

Construction Pump Market Trends

Automation is transforming the construction pumps industry by enhancing efficiency and reducing labor costs in various industries. Automated systems streamline processes, enabling pumps to perform tasks with greater precision and consistency, thus minimizing manual labor. Remote operation features allow operators to manage pumps from a distance, improving convenience and oversight. Integration with other construction equipment boosts worksite productivity. Automation also provides critical performance data for optimizing operations and planning future projects. Overall, automation in industries drives the efficiency, reliability, and cost-effectiveness in the market. Manufacturers are introducing new pumps to meet rising demand.
 

Construction Pump Market Analysis

Global Construction Pump Market, By product type, 2021 – 2032, (USD Billion)

Based on the product type, the centrifugal pumps was worth over USD 5.5 billion in 2023 and is anticipated to grow at a CAGR of 4.7 % through 2032, due to their high efficiency and performance in moving large volumes of fluids. Their versatility allows them to handle a wide range of materials, from clean water to abrasive slurries, making them ideal for various construction applications such as dewatering and concrete mixing. These pumps are known for their durability and reliability, able to deal with the harsh conditions typical of construction sites. Technological advancements in pump design have further enhanced their performance and efficiency, strengthening their dominance in the construction industry.
 

Global Construction Pump Market Revenue Share, by Distribution Channel 2023

Based on distribution channel, the direct distribution channel held around 62% of the market share in 2023  and is expected to grow at a CAGR of 4.7% in through 2032. The direct distribution channel has various strategic advantages. By eliminating intermediaries, manufacturers achieve greater control over pricing, sales processes, and customer interactions, leading to more efficient transactions and customized services. This direct approach also reduces distribution costs, allowing manufacturers to offer competitive pricing.
 

Additionally, direct channels improve customer service by providing specialized support and technical assistance, essential for the optimal operation and maintenance of construction pumps. This combination of control, cost efficiency, enhanced customer service, and valuable market insights underpins the strong presence of direct distribution in the construction pumps business.
 

North America Construction Pump Market Value Size, 2021 – 2032, (USD Billion)

The North America construction pump market size surpassed 2.05 billion in 2023 and is expected to grow at a CAGR of 4.7% u to 2032, due to by its robust construction industry. Extensive infrastructure projects, including roads, bridges, and commercial buildings, generate a continuous demand for advanced construction equipment. High levels of residential and commercial construction further amplify this demand. With a well-established construction sector, North America benefits from a large volume of projects and a focus on high-quality, innovative equipment, including construction pumps. This strong industry foundation supports sustained market growth and technological advancements.
 

Country Level Analysis

North America: In terms of country, the U.S. dominated the construction pump market with a revenue of around USD 1.60 billion in 2023 and is expected to reach around USD 2.48 billion by 2032. The country leads in integrating advanced technologies and innovative solutions into construction equipment. This technological focus enhances the efficiency, reliability, and performance of construction pumps, addressing the industry's evolving needs. Manufacturers are investing heavily in R&D to introduce advanced features and improve equipment durability. These advancements not only increase productivity on job sites but also ensure compliance with stringent regulatory standards, strengthening the U.S.'s leadership in the market.
 

In 2023, Canada accounted with a market share of 21.9% in 2023 and is anticipated to grow at a CAGR of 4.4% through 2032. Government initiatives in Canada are driving the market growth through investments in infrastructure projects, including roads and public transit. The emphasis on sustainable building practices and adherence to green standards is accelerating the adoption of energy-efficient pump technologies. These factors collectively enhance market growth and stimulate innovation within the sector.
 

Europe: In 2023, the Germany construction pump market accounted with a market share of 24.4% and is anticipated to grow at a CAGR of 5% up to 2032. Germany's market is directly influenced by the nation's economic growth. As one of Europe's largest economies, Germany's strong economic performance typically drives increased construction activity in both industrial and residential sectors. Economic expansion results in higher infrastructure investments, thereby boosting the demand for construction pumps used in various projects, including roads, bridges, and buildings.
 

Asia Pacific: China is leading in Asia pacific global construction pump market with a market share of 33.1% and is anticipated to grow at a CAGR of 4.9% during 2024 to 2032. The construction sector in China, which includes residential, commercial, and infrastructure projects, generates substantial demand for construction pumps essential for concrete mixing, transportation, and placement. The sector's continuous growth, driven by urban expansion and significant government investments in infrastructure, ensures a steady requirement for high-performance pumps. The competitive landscape of China's construction industry compels manufacturers to innovate, enhancing the quality and efficiency of their products.
 

Construction Pump Market Share

Global Construction Pump Company Market Share Analysis, 2023

Key players in the global market are Xylem inc, Grundfos, KSB SE & CO, Sulzer ltd and Flowserve corporation. Together, these companies accounted for a market share of 5-10% in 2023. These companies are involved in the extraction, processing, and supply of construction pump to various industries, particularly ceramics & construction across different regions of the world.
 

Construction Pump Market Companies

Major companies operating in the construction pump industry include:

  • Atlas Copco AB
  • BJM pumps
  • Ebara Corporation
  • Flowserve Corporation
  • Grundfos
  • ITT Inc.
  • KSB SE & Co. KGaA
  • MDM Incorporated
  • Pentair PLC
  • Seepex Incorporation
  • SPX Flow Incorporation
  • Sulzer Ltd.
  • Tsurumi Manufacturing Co.
  • Weir Group PLC
  • Xylem Inc
     

Construction Pump Industry News

  • In June 2024, BJM Pumps unveiled three new series: the Alpha V Series, BIC Series, and GRIX Series. These submersible pumps are debuting in 3-phase, 60Hz, 230/460V configurations, signaling the initial step in their broader product line expansion.
     
  • In January 2024, Waukesha Cherry-Burrell (WCB), a brand under SPX FLOW, has unveiled its Universal 2 ND Positive Displacement Pump (U2 ND) Series, tailored specifically for industrial applications. These pumps uphold the renowned quality and durability associated with the Waukesha Cherry-Burrell brand, all the while enhancing cost-efficiency and aligning with industrial demands.
     
  • In May 2024, Grundfos has recently finalized an acquisition deal, securing Culligan's Commercial & Industrial operations in Italy, France, and the UK.
     
  • In October 2023, KSB Group introduced a new submersible pump with an open multi-vane impeller, housed in a discharge tube. This pump, part of the AmaCan D series, is designed primarily for efficiently moving significant volumes of municipal or industrial water. Additionally, it's well-suited for handling wastewater from various sources, including stormwater, drainage, and irrigation pumping stations.
     

This construction pump market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion, Million Units) from 2021 to 2032, for the following segments:

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Market, By Product type

  • Centrifugal Pumps
  • Positive Displacement Pumps
  • Submersible Pumps
  • Vacuum Pumps
  • Diaphragm Pumps
  • Others (Gear Pumps, Jet Pumps, etc.)

Market, By Horsepower

  • Below 100 HP
  • 100 - 500 HP
  • Above 500 HP

Market, By Distribution channel

  • Direct
  • Indirect

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America 
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of construction pump was worth around USD 5.55 billion in 2023 and is anticipated to register 4.7% CAGR between 2024 and 2032, driven by rapid urbanization and infrastructure development.

The centrifugal segment in the construction pump market is expected to record 4.7% CAGR through 2032, due to their high efficiency and performance in moving large volumes of fluids.

North America construction pump market is anticipated to record 4.7% CAGR through 2032, driven by the robust construction industry and technological advancements.

Atlas Copco AB, BJM pumps, Ebara Corporation, Flowserve Corporation, Grundfos, ITT Inc., KSB SE & Co. KGaA, MDM Incorporated, Pentair PLC, Seepex Incorporation, SPX Flow Incorporation, and Sulzer Ltd., among others.

Construction Pump Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 51
  • Countries covered: 21
  • Pages: 80
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