Industrial Pumps Market Report 2026

Industrial Pumps Market Overview

• Industrial Pumps market size has reached to $87.1 billion in 2025 • Expected to grow to $109.8 billion in 2030 at a compound annual growth rate (CAGR) of 4.8% • Growth Driver: Surge In Construction Activities Fuels Expansion Of Industrial Pumps Market Globally • Market Trend: Innovative Technologies Reshape Industrial Pump Landscape With Advanced Submersible Recirculation Solutions • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Industrial Pumps Market?

Industrial pumps refer to an equipment that is designed to move fluids by transforming mechanical energy absorbed from thermal, electric, or other motors into hydraulic energy. They are used in heavy-duty or harsh applications. The main products of industrial pumps are centrifugal pumps, positive displacement pumps, and others. Centrifugal pumps are pumps that transport fuels by converting rotational kinetic energy to hydrodynamic energy, used for pumping water, organics, solvents, and oils. They can be fixed in submersible and non-submersible positions with a driving force of engine and electrical driven used for various applications such as oil and gas, chemicals, construction, power generation, water and wastewater, and others.

What Is The Industrial Pumps Market Growth Forecast?

The industrial pumps market size is expected to see steady growth in the next few years. It will grow to $109.8 billion in 2030 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to water scarcity management, industrial automation adoption, energy efficiency regulations, expansion of chemical processing, digital maintenance solutions. Major trends in the forecast period include demand for energy-efficient pump systems, expansion of water and wastewater infrastructure, adoption of smart pump monitoring, growth of oil and gas applications, rising use in industrial processing.

Tariff Impact On Industrial Pumps Market

Tariffs are impacting the industrial pumps market by increasing the cost of imported castings, impellers, motors, seals, and electronic control units. Oil and gas, chemical, and water utilities in North America and Europe are most affected due to reliance on imported pump assemblies, while Asia-Pacific exporters face competitive pricing challenges. These tariffs are increasing capital costs and delaying infrastructure projects. However, they are also encouraging domestic manufacturing, localized component sourcing, and innovation in durable and energy-efficient pump designs.

Global Industrial Pumps Market Segmentation

1) By Product: Centrifugal Pump, Positive Displacement Pump 2) By Position: Submersible, Non-Submersible 3) By Driving Force: Engine Driven, Electrical Driven 4) By Application: Oil And Gas, Chemicals, Construction, Power Generation, Water And Wastewater, Other Applications Subsegments: 1) By Centrifugal Pump: End Suction Pumps, Vertical Turbine Pumps, Axial Flow Pumps 2) By Positive Displacement Pump: Gear Pumps, Diaphragm Pumps, Piston Pumps, Peristaltic Pumps

What Is The Driver Of The Industrial Pumps Market?

An increase in construction activities is expected to propel the industrial pumps market growth going forward. Construction activities refer to the installation and assembling activities associated with land-disturbing activities to develop infrastructure and structures. Industrial pumps are used in construction to remove the excess water on the site accumulated due to high water tables or heavy rain, so an increase in construction activities will propel the market. For instance, in June 2023, Construction Digital, a UK-based company that connects all construction brands, published that the construction industry in the UK is projected to grow by 12% in 2024, followed by a further increase of 3% in 2025. Therefore, an increase in construction activities is driving the growth of the industrial pumps industry.

What Is The Driver Of The Industrial Pumps Market?

An increase in construction activities is expected to propel the industrial pumps market growth going forward. Construction activities refer to the installation and assembling activities associated with land-disturbing activities to develop infrastructure and structures. Industrial pumps are used in construction to remove the excess water on the site accumulated due to high water tables or heavy rain, so an increase in construction activities will propel the market. For instance, in June 2023, Construction Digital, a UK-based company that connects all construction brands, published that the construction industry in the UK is projected to grow by 12% in 2024, followed by a further increase of 3% in 2025. Therefore, an increase in construction activities is driving the growth of the industrial pumps industry.

Global Industrial Pumps Market Trends and Insights

Major companies operating in the industrial pumps market are developing innovative products with advanced technologies, such as submersible recirculation, to provide reliable services to customers. A submersible recirculation pump is a specific type of pump designed to operate completely submerged in a liquid and continuously move it within a closed loop or system. For instance, in January 2023, Sulzer, a Switzerland-based industrial engineering and manufacturing firm, launched an updated submersible recirculation pump with improved efficiency and performance, called the XRCP recirculation pump. The recently released line of XRCP recirculation pumps features design enhancements that resulted in a 20% boost in hydraulic efficiency. Design improvements that have increased motor efficiency, dependability, and optional condition monitoring capabilities are included in the XRCP pump line. The recirculation of activated sludge in denitrification processes is one of the many uses for this pump.

What Are Latest Mergers And Acquisitions In The Industrial Pumps Market?

In January 2024, Atlas Copco, a Swedish-based industrial tools, pumps, and equipment manufacturer acquired Kracht GmbH for an undisclosed amount. With this acquisition, Atlas Copco's aims to to enhance its portfolio within the industrial pump segment, which is considered crucial for various industries and expanded its market reach. Kracht GmbH is a Germany-based manufacturer of industrial pump solutions.

Regional Outlook

Asia-Pacific was the largest region in the industrial pumps market in 2025, and is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Industrial Pumps Market?

The industrial pumps market consists of sales of booster pumps, piston pumps, screw pumps, axial flow pumps, and lobe pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The industrial pumps market is segmented into booster pumps, piston pumps, screw pumps, axial flow pumps, and other pumps.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Industrial Pumps Market Report 2026?

The industrial pumps market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the industrial pumps industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.