Pumps Market Size - By Type, By Position, By Driving Force, By Technology, By Capacity and Pressure Range, By End Use, By Distribution Channel, Analysis, Share, Growth Forecast, 2026 – 2035

Pumps Market Size

The pumps market was valued at USD 80.9 billion in 2025. The market is expected to grow from USD 85.7 billion in 2026 to USD 124.8 billion in 2035, at a CAGR of 4.3%, according to latest report published by Global Market Insights Inc.
 

Rapid industrialization and urbanization are increasing the size of the worldwide pumps market. Countries with expanding economies such as India and China are seeing major infrastructure development which requires pumping systems for both domestic water supply and wastewater treatment & disposal and for industrial processes. An example is India, where the National Infrastructure Pipeline (NIP) is expected to invest USD 1.4 trillion by 2025, while China's Belt and Road Initiative (BRI) is expanding the nation's infrastructure, thus creating large demand for pumps in construction and water management projects.
 

As pump technologies continue to evolve, new designs of pumps are becoming more efficient. Innovations developed by innovative manufacturers, such as Grundfos and Xylem, have produced energy-efficient pumps that will help both manufacturers meet their sustainability goals. Grundfos' most efficient circulator pumps, for example, have shown reduced energy consumption of up to 80% and are aligned with initiatives that are targeting the global reduction of energy consumption.
 

The oil and gas industry will continue to be an important user of pumps for many years into the future, regardless of fluctuations in the price of oil. In the oil and gas sector, pumps are key components for extraction, refining, and transportation activities. Flowserve, for example, has developed a number of pumps that have been tailored to handle the specific needs associated with shale gas fracking and addressing the increased demand for the technologies used to extract oil and gas from unconventional sources.
 

High capital investment for pump installations poses a challenge, particularly in developing regions. Large-scale industrial applications require significant upfront costs for equipment and installation. Manufacturers like KSB are mitigating this by offering cost-effective solutions and maintenance services to reduce financial burdens on end-users.
 

Government policies promoting energy efficiency and sustainability are shaping the pumps market. For example, the European Union’s Energy Efficiency Directive mandates the adoption of energy-efficient equipment, including pumps, to reduce carbon emissions. Such initiatives are expected to accelerate the replacement of outdated systems with modern, efficient alternatives, driving market growth during the forecast period.
 

Pumps Market Trends

Changing innovation and technology transformation are important for market growth.
 

• The global pumps industry is quickly evolving towards technologies that support current trends toward technological advancement and sustainability. The industrial pump market represents nearly 25% of the total amount of energy used by motors within the manufacturing sector. As a result of this fact, companies manufacturing pumps are now focusing their efforts on developing and marketing products that provide energy-efficient solutions. For example, Grundfos has created a line of products referred to as iSOLUTIONS that combines an intelligent monitoring system with an efficient pump to optimize energy consumption and lower costs associated with operation.
   
• The number of "smart" pumps that utilize IoT technology to improve performance and predict when maintenance is needed is growing rapidly. A great example of this trend is KSB’s PumpDrive system. The PumpDrive enables real-time monitoring and control of the pump to ensure maximum efficiency during operation and to minimize downtime caused by maintenance requirements. These types of products will be in high demand by companies looking to increase productivity while reducing their overall maintenance-related costs.
   
• Another trend surrounding the pumps market is the modernization of infrastructure. For example, the ASCE (American Society of Civil Engineers) estimates that the water infrastructure in the U.S. will need to be modernized during the next 25 years at an estimated cost of USD 1 trillion. Manufacturers, such as Xylem, are providing innovative products such as the Flygt Concertor, a smart pump for wastewater, that is designed to improve efficiency and adapt to a wide variety of operational situations.
   
• Further, environmental sustainability is reshaping the market as industries adopt eco-friendly solutions, Sulzer’s energy-efficient pumps, compliant with EU energy efficiency directives, are a prime example. These products help industries meet regulatory requirements while reducing their carbon footprint, aligning with global sustainability goals and increasing environmental awareness.
   
• Thus, global pumps market is evolving through trends like energy efficiency, digitalization, infrastructure modernization, and sustainability. Manufacturers are leveraging these developments to create innovative products, ensuring the market remains competitive and forward-looking during the forecast period.
   

Pumps Market Analysis

Based on type, the pumps industry is segmented into portable and stationary. The portable segment accounts for revenue of around USD 60.5 billion in 2025 and is expected to reach USD 95.3 billion by 2035.
 

• Portable pumps are the most popular type on a global scale and are used in many different ways throughout a variety of different industries including construction; agriculture; mining; oil & gas; municipal service and firefighting. Portable pumps are very easy to transport and are mobile, which makes them essential for operations requiring mobility. Due to their ability to adapt to many different operational needs, portable pumps are the preferred choice when it comes to pumping equipment.
   
• Additionally, the increasing government-backed initiatives and investments related to infrastructure development are continuing to boost demand for portable pumps across the globe. For example, in the United States, the Environmental Protection Agency has made billions of dollars available for financing water infrastructure projects through the Water Infrastructure Finance and Innovation Act (WIFIA). Consequently, these projects are providing unique business opportunities for portable pump manufacturers in dewatering and water management applications. Another example of the growing market for portable pumps is India and the Jal Jeevan Mission; this initiative has allocated billions of dollars for implementation of a safe drinking water supply for rural households.
   
• Further the demand for portable pumps continues to grow with manufacturers developing innovative products to meet this growing demand. Examples of these innovations are Xylem, Inc.'s portable dewatering pump line specifically designed for construction and mining applications, providing durable and efficient pumps; and Grundfos's line of lightweight, energy-efficient portable pumps specifically designed for agricultural irrigation and municipal water management.
   
• In emergency response scenarios, portable pumps play a critical role. Their ability to be quickly deployed in flood control, firefighting, and disaster relief operations makes them indispensable. For instance, during Hurricane Harvey in 2017, portable pumps were extensively used to manage floodwaters and mitigate damage.
   
• Furthermore, the ease of maintenance and serviceability of portable pumps enhances their appeal. Users can perform on-site troubleshooting and repairs, minimize downtime and ensure operational efficiency. This combination of versatility, government support, and manufacturer innovation solidifies the portable pumps segment as a leader in the global pumps market.
   

Based on the technology, the market is bifurcated into centrifugal pumps, positive displacement, and specialty and emerging technologies. The centrifugal pumps segments held around 65.3% of the market share in 2025.
 

• Centrifugal pumps dominate the market due to their high efficiency in a variety of industries including in wastewater treatment, oil and gas extraction, agriculture etc. This characteristic of being able to accommodate a broad range of fluids and flow rates has made centrifugal pumps indispensable in all these industries.
   
• Centrifugal pumps lead the market due to their efficiency compared to other pump types such as positive displacement pumps. In fact, centrifugal pumps can manage a much larger flow rate using far less power than their positive displacement counterparts therefore provide a more cost-effective solution for longer-term use. For example, Grundfos, a leading pump manufacturer, provides centrifugal pumps that have been designed to operate more efficiently reducing operating costs for water treatment plants.
   
• Government initiatives have also contributed to the increased demand for centrifugal pumps in the market. The U.S. Environmental Protection Agency (EPA) has enacted a number of regulations aimed at improving the management of water and wastewater by municipalities and is encouraging the implementation of centrifugal pumps in many municipal projects. In addition, India is currently implementing the Jal Jeevan Mission which is designed to provide safe drinking water to every rural household in India, this has also resulted in an increase in demand for centrifugal pumps in that particular area of the world.
   
• Manufacturers are also innovating to meet industry-specific needs. Sulzer, for instance, has developed centrifugal pumps with advanced materials to handle corrosive chemicals in the chemical processing sector. In the oil and gas industry, companies like Flowserve provide robust centrifugal pumps designed for high-pressure applications, ensuring reliability under extreme conditions.
   
• With their versatility, efficiency, and ability to meet evolving industrial demands, centrifugal pumps continue to lead the global market. Their reliability and long operational lifespans further solidify their position as a preferred choice across industries.
   

Based on end use, the pumps market is segmented into mining, building & construction, oil & gas, general industries, water & wastewater treatment, chemicals, power generation, and others. The water and wastewater treatment segments generated a revenue of USD 18.2 billion in 2025.
 

• The rapid growth of urban populations and their need for clean water has created a substantial increase in demand for water treatment equipment in urban areas. This has resulted in the construction of many new urban water infrastructure facilities across the globe, including India and China, which are investing heavily in urban water infrastructure to help meet the needs of their growing populations.
   
• Along with this increased demand there has also been a corresponding increase in the volume of wastewater created by the industrial growth of some countries. To meet the growing demand for treatment and disposal of wastewater, many industries in the United States and Germany are utilizing very high-capacity pumps in order to comply with new and stricter wastewater discharge regulations.
   
• In addition to the need for large-capacity pump solutions, many government programs and regulations are increasing investments in water and wastewater treatment technologies. Examples of these types of programs include the EU Water Framework Directive and the US Clean Water State Revolving Fund (CWSRF).
   
• Energy-efficient smart pump systems, coupled with energy-efficient pumps, will continue to increase in use as a result of the increased efficiencies associated with the use of IoT Integration. The increased use of smart pumps in municipal water treatment plants has enabled these facilities to operate more efficiently and use less energy than previous technology.
   

In 2025, the U.S. dominated the pumps market growth in North America, accounting for 85.7% of the share in the region.
 

• In recent months, increased investment by both industry and municipalities has helped drive the overall growth of the water and wastewater treatment equipment sector. The Bipartisan Infrastructure Law, which provides USD 55 billion for investments in water systems along with the newly established Clean Water State Revolving Fund through the EPA, is accelerating progress on the modernization of existing water and wastewater treatment infrastructure throughout the U.S.
   
• In addition, the continued focus of the U.S. energy industry on developing new LNG export terminals, as well as developing new hydrogen production and carbon capture technologies under the DOE’s Industrial Decarbonization Roadmap, are resulting in increased adoption of specialty high-performance pumps used for handling both cryogen and other chemicals.
   

Asia Pacific pumps market is expected to grow at 4.6% CAGR during the forecast period from 2026 to 2035 in terms of value.
 

•  The growth is fueled by rapid urbanization and industrialization in China, India, and Southeast Asia. Massive investments in smart water infrastructure, desalination plants, and wastewater treatment under programs like India’s Jal Jeevan Mission and China’s 14th Five-Year Plan for Water Security are key drivers. Rising manufacturing activity and energy projects also increase demand for process pumps and digital monitoring solutions.
   

Europe pumps market is expected to grow at 4.4% CAGR during the forecast period.
 

• The region is supported by stringent EU sustainability regulations and the Green Deal, which promote energy-efficient pumping systems. Investments in district heating, renewable energy, and water reuse projects across Germany, France, and the Nordics are accelerating adoption of smart pumps with IoT integration. The region’s strong focus on decarbonization and circular economy further drives innovation in pump technologies.
   

Middle East and Africa pumps market is expected to grow at 1.9% CAGR during the forecast period.
 

• The growth stems from ongoing oil & gas projects, desalination plants, and urban water infrastructure. Countries like Saudi Arabia and UAE are investing in mega desalination facilities under Vision 2030, creating demand for high-capacity pumps. However, slower diversification and limited industrial base in Africa constrain overall market expansion.
   

Pumps Market Share

The top companies in the pumps industry Xylem Inc., Grundfos, Flowserve, Weir Group and SLB and collectively hold a share of 13% of the market in 2025. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broad customer base, and strengthen their market position.
 

• Xylem delivers smart water and wastewater solutions across municipal, industrial, and commercial applications, with pumps, treatment systems, and analytics engineered for reliability and energy efficiency. Its platforms integrate advanced sensors, SCADA, and AI-driven diagnostics to optimize network performance and reduce non-revenue water. The portfolio spans centrifugal and submersible pumps, UV/ozone treatment, metering, and digital twins for real-time asset health and predictive maintenance.
   
• Grundfos offers high-efficiency pumps and integrated systems for buildings, industry, and water utilities, designed for durability, low lifecycle cost, and precise flow control. Its intelligent controllers, IoT connectivity, and condition monitoring enable optimized duty points, reduced power consumption, and automated balance across multi-pump installations.
   
• Flowserve provides comprehensive flow-control solutions: pumps, valves, seals, and aftermarket services-engineered for demanding environments in oil & gas, power, chemicals, and water. Its automation and reliability platforms integrate smart instrumentation, asset analytics, and lifecycle management to stabilize throughput and minimize unplanned downtime.
   

Pumps Market Companies

Major players operating in the pumps industry are:

• Alfa Laval
• Atlas Copco
• Baker Hughes
• Ebara
• Flowserve
• Grundfos
• ITT
• Kirloskar
• KSB
• Pentair
• SLB
• Sulzer
• Weir Group
• Wilo
• Xylem
   

Weir specializes in mission-critical pumping and slurry handling technologies for mining and minerals, complemented by engineered wear parts and process optimization services. Its systems combine robust hydraulics, advanced metallurgy, and digital monitoring to sustain uptime and improve total cost of ownership in abrasive duty cycles. The offering spans slurry pumps, cyclones, comminution equipment, and proprietary liners, supported by remote diagnostics, throughput analytics, and predictive maintenance frameworks.
 

SLB delivers integrated pumping and flow-control solutions for energy systems, spanning subsurface, production facilities, and low-carbon applications-built for precision, safety, and operational efficiency. Its platforms leverage automation, edge computing, and AI to stabilize process conditions, cut emissions, and extend equipment life. The portfolio includes process pumps, production and injection packages, chemical dosing, and digital solutions for real-time surveillance, failure prediction, and performance tuning across complex assets.
 

Pumps Industry News

• In November 2025, Ebara signed an agreement to acquire Mitsubishi Electric’s three-phase motor business, including production facilities. This acquisition enhances Ebara’s ability to deliver energy-efficient pump systems integrated with advanced motor technology. The move supports Ebara’s growth in industrial and water infrastructure markets.
   
• In November 2025, Flowserve divested its herringbone gear pump product line to CIRCOR International, including the GAX, GR, and Gearex Series. This portfolio optimization allows Flowserve to focus on core pump technologies and digital solutions. The divestiture supports its strategy to streamline operations and invest in high-growth sectors like LNG and nuclear.
   
• In October 2025, Atlas Copco acquired the CRI-MAN S.p.A., an Italian manufacturer of pumps for biogas and wastewater treatment. This deal expands Atlas Copco’s footprint in green technology and circular economy solutions. The acquisition supports its strategy to diversify into sustainable pumping systems for renewable energy sectors.
   
• In July 2025, Alfa Laval completed the acquisition of Fives Energy Cryogenics, a French cryogenic business specializing in heat exchangers and pumps for LNG and hydrogen applications. This strategic move strengthens Alfa Laval’s position in energy transition technologies. The acquisition aligns with its long-term goal of expanding sustainable solutions for industrial flow processes.
   
• In late 2025, Grundfos announced the acquisition of Newterra, a U.S.-based water and wastewater treatment company. This strategic deal strengthens Grundfos’ presence in water treatment solutions and expands its North American operations. The acquisition aligns with its vision of providing integrated pumping and water management systems.
   

The pumps market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) and (Thousand Units) (from 2022 to 2035), for the following segments:

Market, By Type

• Portable
• Stationary 

Market, By Position

• Submersible
• Non-submersible
  • Surface-mounted pumps
  • Inline pumps
  • Base-mounted pumps

Market, By Driving Force

• Engine-driven
• Electric-driven

Market, By Technology

• Centrifugal pump
  • Axial flow pump
  • Radial flow pump
  • Mixed flow pump
  • Overhung impeller pumps
  • Between bearing pumps
  • Vertically suspended pumps
• Positive displacement pump
  • Reciprocating
  • Rotary
  • Peristaltic pumps
• Specialty and emerging technologies
  • Sealless and magnetic drive pumps
  • Canned motor pumps
  • Air-operated double diaphragm (AODD) pumps
  • Controlled-volume metering pumps
  • Regenerative turbine pumps
  • Smart pumps and IoT-enabled systems

Market, By Capacity and Pressure Range

• Flow rate capacity
  • Low flow 
  • Medium flow
  • High flow
  • Very high flow
• Pressure range
  • Low pressure
  • Medium pressure
  • High pressure
  • Ultra-high pressure 

Market, By End Use

• Mining
• Building & construction
• Oil & gas
• General industries
• Water & wastewater treatment
• Chemicals
• Power generation
• Others (agriculture etc.)

Market, By Distribution Channel

• Direct sales
• Indirect sales

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

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