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Pumps Market Share

Report ID: GMI3212
Published Date: Apr 2024
Report Format: PDF

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Pumps Market Share

These prominent companies are proactively involved in strategic endeavors including mergers & acquisitions, facility expansion, and partnerships to diversify their product offerings, expand their customer reach, and solidify their market position. Together, the top five mentioned companies collectively occupied around 5% to 10% of the global market share in 2023. They consistently allocate resources to research & development, enhancing their products and integrating innovative technologies to maintain a competitive edge.

Pumps Market Share

Major players operating in the pumps industry include:

Comp8
EBARA CORPORATION
Flowserve Corporation.
Grundfos Holding A/S
Ingersoll Rand
ITT INC.
IWAKI CO., LTD.
KSB SE & Co. KGaA
Pentair
SLB
SPX FLOW, Inc.
Sulzer Ltd
The Weir Group PLC
Vaughan Company
Xylem

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of pumps was recorded USD 85 billion in 2023 and is expected to register 4% CAGR from 2024 to 2032, led by the rapid industrialization in emerging economies and construction of urban facilities.

The portable segment in the pumps market accounted for USD 63 billion in 2023 and is projected to depict notable growth between 2024 and 2032, due to their ability to be easily transported and deployment and due to their critical role in emergency situations.

Asia Pacific pumps industry accounted for USD 32 billion in 2023 and is expected to expand at significant CAGR from 2024 to 2032, on account of the expansion of infrastructure, including water supply systems, wastewater treatment plants, and building construction.

Comp8, EBARA CORPORATION, Flowserve Corporation, Grundfos Holding A/S, Ingersoll Rand, ITT INC., IWAKI CO., LTD., KSB SE & Co. KGaA, Pentair, SLB, SPX FLOW, Inc., Sulzer Ltd, The Weir Group PLC, Vaughan Company, Xylem are some of the major pumps companies worldwide.