Global Pump Market Size to Exceed USD 88.36 Billion by 2031 as Smart Pump Adoption Expands Across Industries - Arizton

Global Pump Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2026–2031.

CHICAGO, July 29, 2026 /PRNewswire/ -- According to Arizton's latest research, the global pump market is projected to grow from USD 65 billion in 2025 to USD 88.36 billion by 2031, expanding at a CAGR of 5.25% during the forecast period. The market is driven by rising investments in water and wastewater infrastructure, industrial manufacturing, and energy-efficient pumping solutions. Increasing adoption of smart pumps and continued infrastructure development across key industries are creating new growth opportunities for pump manufacturers worldwide.

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Browse in-depth TOC on the Global Pump Market

Pages- 276
Region- 5
Countries- 28
Company- 84
Segment-8

Global Pump Market Snapshot

Strategic Growth Opportunities are Expanding Across the Global Pump Market

• Infrastructure modernization and rising industrial investments are creating significant opportunities for the industrial pumps market by increasing demand for reliable and energy-efficient pumping systems across major end-use industries.
• Traditional industries, including chemicals, mining, and oil & gas, remain the primary demand-generating sectors, supported by capacity expansions, process optimization, and ongoing infrastructure upgrades.
• Emerging industries, such as semiconductor manufacturing, data centers, hydrogen production, and battery manufacturing, are generating new demand for high-performance pumps used in precision fluid handling, cooling, and advanced manufacturing processes.
• Stringent environmental regulations and increasing emphasis on water conservation are accelerating the adoption of energy-efficient pumps and advanced fluid management systems, helping industries improve operational efficiency, reduce energy consumption, and meet sustainability goals.
• The growing adoption of industrial automation and digitalization is driving demand for IoT-enabled pumps with predictive maintenance, remote monitoring, and smart diagnostics, enabling greater equipment reliability, reduced downtime, and optimized lifecycle costs.

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Energy Efficiency Is Becoming a Competitive Advantage

Energy efficiency is emerging as one of the strongest investment themes across the global pump market. Pumps account for a significant share of industrial electricity consumption, making operational efficiency a growing priority for industrial operators facing rising energy costs and stricter environmental regulations. As industries focus on reducing operating expenses while meeting sustainability targets, demand for high-efficiency pumps, intelligent pumping systems, and advanced motor technologies continues to grow. Manufacturers are responding through product innovation. In 2025, Wilo introduced the Wilo-Stratos GIGA2.0-I, a smart vertical in-line pump designed to improve energy efficiency and operational performance across HVAC and industrial applications.

Innovation Continues to Reshape the Competitive Landscape

Grundfos patented its next-generation DDA Smart Digital Dosing pump in 2025, designed to deliver precise and consistent chemical dosing while supporting more sustainable operations across industrial facilities, commercial buildings, and utilities.

Flowserve introduced the world's first double hermetically sealed sealless magnetic drive pump in 2025. Featuring an independent secondary containment system, the innovation enhances operational safety and minimizes the impact of potential pump failures.

Shakti Pumps Limited approved an approximately USD 1.4 million equity investment in its subsidiary, Shakti Energy Solutions, in 2025. The investment supports the establishment of a DCR-compliant solar cell and module manufacturing facility in Pithampur, Madhya Pradesh, strengthening the company's presence in the fast-growing solar pump market.

APAC Leads Global Demand While Europe Accelerates Smart Pump Adoption

Regional investment trends continue to reshape the global pump market. APAC accounted for over 40% of global revenue in 2025, supported by rapid industrialization and sustained investments in water infrastructure, irrigation, and urban development. China remains the region's largest market, while India is emerging as one of the fastest-growing markets, backed by major government infrastructure programs, including PMAY, Jal Jeevan Mission, PMKSY, and AMRUT.

Meanwhile, the Europe pump market remains one of the world's most advanced markets, supported by strict environmental regulations, ongoing industrial modernization, and continued investments in water infrastructure. Demand is growing as industries focus on improving energy efficiency, conserving water, and upgrading aging infrastructure across municipal, industrial, commercial, and residential sectors. As businesses seek to improve operational efficiency and reduce long-term operating costs, the adoption of advanced pumping systems with variable-speed drives, intelligent controls, and digital monitoring capabilities continues to grow.

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The Report Covers 84 Major Vendors in the Global Pump Market

Key Company Profiles

• Grundfos Holding A/S
• Xylem Inc.
• EBARA Corporation
• WILO SE
• Flowserve Corporation
• Alfa Laval
• Baker Hughes Company
• Bosch Rexroth
• Circor International
• Desmi
• Dover
• Franklin Electric
• General Electric Company
• IDEX
• Kirloskar Brothers Limited
• KSB Limited
• Nikkiso
• Pentair
• SLB
• SPX FLOW, Inc.
• Sulzer Ltd
• The Weir Group PLC
• Torishima Pump Mfg. Co., Ltd.
• Weatherford

Other Prominent Company Profiles

• Atlas Copco AB
• Arian Pumps
• AR North America
• CNP India Private Limited
• CP Pumpen AG
• Dickow Pump Company
• Global Pump
• Gorman-Rupp Pump
• Haight Pumps
• HERMETIC-PUMPEN
• HCP Pump Manufacturer Co., Ltd.
• Ingersoll Rand Inc.
• IWAKI America
• Jetox Motor Pumps
• Klaus Union
• Kracht Corp.
• Masdaf
• Marzocchi Pompe S.p.A.
• Naniwa Pump Mfg
• Netzsch
• Norm Hydrophore Pump
• PRORIL
• Pumpport
• Roper Pumps
• Roth Pumps
• Ruthrpumpen
• Ryan Herco Flow Solutions
• Sahinler Submersible Pumps
• Samsun Makina Sanayi
• SEKO
• SEMPA
• Shakti Pumps Ltd.
• Sumak Pumps
• Summit Pumps
• Sundyne
• Tark Inc.
• Teikoku Electric Mfg. Co., Ltd.
• Vaughan Company
• Vestapump
• WPIL Limited
• Danfoss
• WEG
• Zhejiang Doyin Technology Co. Ltd.
• Zoeller Pump Company
• Moog
• Roto pumps
• Jyoti
• Aqua Group
• Angle Pumps
• Lubi Industries LLP
• C.R.I. Pumps Private Limited
• Besten
• Deccan Industries
• Dover India Pvt. LTD.
• Duke Pumping Solutions Private Limited
• Ekki Water Technologies
• Ellen Group
• Endura Pumps
• Havells
• Jasco Pumps Pvt. LTD.

The Pump Market Size, Share & Trends Analysis Report By

1. Operation Type: Electrical and Mechanical
2. Product Type: Centrifugal Pump, Reciprocating Pump, and Rotary Pump
3. Centrifugal Pump Stage Type: Single-Stage and Multi-Stage
4. Reciprocating Pump Type: Piston And Diaphragm
5. Rotary: Gear, Screw, Lobe, Vane, and Other Rotary Pumps
6. End-User: Industrial, Agricultural, Commercial, and Residential
7. Industrial: Water & Wastewater, Chemical, Food & Beverage, Power, Oil & Gas, Pharmaceutical, Mining, and Other Industrial Segment
8. Geography: North America, Europe, APAC, Latin America, and Middle East & Africa

What Key Findings Will Our Research Analysis Reveal?

• What is the growth rate of the global pump market?
• How big is the global pump market?
• What are the key trends in the global pump market?
• Which region dominates the global pump market?
• Who are the major players in the global pump market?

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Founded in 2017, Arizton Advisory & Intelligence delivers data-driven market research and strategic consulting that empowers clients to make informed decisions and drive growth. Combining quantitative and qualitative insights, we provide in-depth analysis across industries including Agriculture, Consumer Goods, Technology, Automotive, Healthcare, Data Centers, and Logistics. Recognized by top-tier media, our expert team transforms complex market data into actionable strategies, helping clients anticipate trends, seize opportunities, and stay ahead of the competition.

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