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Industrial Pumps Market Share

Report ID: GMI10553
Published Date: Jul 2024
Report Format: PDF

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Industrial Pumps Market Share

Global Industrial Pump Company Market Share, Analysis 2023)

The industrial pumps industry is fragmented, with several regional companies operating on a global scale. In 2023, Flowserve Corporation, Grundfos Group, Sulzer AG, Xylem, Inc., and Pentair plc led the market. To expand their customer base, broaden their product offerings, and establish a stronger foothold in the market, these corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions. They also leverage their vast distribution networks and resources to investigate new markets.

Industrial Pumps Market Companies

Major players operating in the industrial pumps industry are:

Atlas Copco AB
Ebara Corporation
Flowserve Corporation
Gardner Denver Holdings, Inc.
Gorman-Rupp Company
Grundfos
ITT Inc.
Kirloskar Brothers Limited
KSB SE & Co. KGaA
SPX FLOW, Inc.
Sulzer Ltd.
Tsurumi Manufacturing Co., Ltd.
Weir Group PLC
Wilo SE
Xylem Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Industrial pumps industry size was USD 44.4 billion in 2023 and will grow at 5.1% CAGR between 2024 and 2032 due to increasing industrialization and infrastructure development.

Industrial centrifugal pumps market will reach USD 34.8 billion by 2032, driven by their versatility, efficiency, and wide range of application in various industries for fluid transfer and circulation.

North America industrial pumps industry will register 5.1% CAGR through 2032, attributed to its advanced industrial infrastructure and significant investments in manufacturing and infrastructure projects.

Prominent firms operating in the industrial pumps market are Atlas Copco AB, Ebara Corporation, Flowserve Corporation, Gardner Denver Holdings, Inc., Gorman-Rupp Company, Grundfos, ITT Inc., Kirloskar Brothers Limited, KSB SE & Co. KGaA, SPX FLOW, Inc., Sulzer Ltd., Tsurumi Manufacturing Co., Ltd., Weir Group PLC, Wilo SE, and Xylem Inc., among others.