Global Positive Displacement Pumps Market 2023

Market Overview

The global positive displacement pumps industry has seen strong growth, with the market size increasing from USD 7,474 million in 2020 to USD 8,858 million in 2023 at a CAGR of 5.8%. It is projected to reach USD 10,839 million by 2028, with a CAGR of 4.1% from 2023 to 2028. The rebound in revenue in 2023 was driven by increased demand in Asia-Pacific and North America, particularly in hygienic and sterile applications in the food, beverage, and healthcare industries. This surge in demand led to a rise in new orders for positive displacement pumps.

The size of North America positive displacement pumps industry increased from US$ 2,226 million in 2020 to US$ 2,668 million in 2023 at a CAGR of 6.2%, which is expected to reach US$ 3,263 million in 2028 with a CAGR of 4.1% from 2023 to 2028, according to Tanalyze. In 2023, North American manufacturers are focusing on resolving supply chain vulnerabilities, promoting domestic production, and investing in clean energy. The region has experienced signs of recovery in manufacturing activities, but supply chain constraints and economic barriers have posed challenges.

The top 5 players in the global pumps market held a combined market share of over 20% in 2022. These leaders included Flowserve Corp., Sulzer AG, KSB SE & Co. KGaA, Xylem, Inc., and Grundfos AS. Other prominent companies operating in this market include ITT, Inc., IDEX Corporation, Dover Corporation, Ebara Corporation, SPX Flow, Inc., Ingersoll Rand Inc., among others.

Table of Contents

TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 7
Part 2. Scope and Methodology 8
Report Scope 9
Product Type 9
Application 9
Region 9
Research Methodology 10
Part 3. Positive Displacement Pumps Market Overview 12
Summary 12
Part 4. Market Dynamics 15
Key Factors Shaping the Global Pumps Market 15
Growth Drivers 27
Future Trends 28
Opportunities 31
Part 5. Global Positive Displacement Pumps Market by Type 43
Part 6. Global Positive Displacement Pumps Market by Application 45
Part 7. Global Positive Displacement Pumps Market by Region 52
Part 8. North America Positive Displacement Pumps Market 55
Market Overview 57
Market by Positive Displacement Pumps Type 58
Market by Country 60
Part 9. Europe Positive Displacement Pumps Market 61
Market Overview 63
Market by Positive Displacement Pumps Type 64
Market by Country 66
Part 10. Asia Pacific Positive Displacement Pumps Market 67
Market Overview 69
Market by Positive Displacement Pumps Type 70
Market by Country 72
Part 11. Latin America Positive Displacement Pumps Market 73
Market Overview 75
Market by Positive Displacement Pumps Type 76
Market by Country 78
Part 12. Middle East and Africa (MEA) Positive Displacement Pumps Market 79
Market Overview 81
Market by Positive Displacement Pumps Type 82
Market by Region 84
Part 13. Competitive Analysis 85
Competition Overview 85
Recent Developments 87
Flowserve Corporation 90
Business Overview 90
Contact Information 93
Sulzer AG 94
Business Overview 94
Contact Information 97
KSB SE & Co. KGaA 98
Business Overview 98
Contact Information 101
Xylem, Inc. 102
Business Overview 102
Contact Information 106
Grundfos AS 107
Business Overview 107
Contact Information 109
ITT, Inc. 110
Business Overview 110
Contact Information 113
IDEX Corporation 114
Business Overview 114
Contact Information 117
Dover Corporation 118
Business Overview 118
Contact Information 121
Ebara Corporation 122
Business Overview 122
Contact Information 125
SPX Flow, Inc. 126
Business Overview 126
Contact Information 126
Ingersoll Rand Inc. 127
Business Overview 127
Contact Information 130
Part 14. Prospects 131
Disclaimer 145
FIGURES AND TABLES
Global Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
Global Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
Global Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
Global Positive Displacement Pumps Market by Application, 2020-2028 (USD Million)
Global Positive Displacement Pumps Market by Application, CAGR Historic and Forecast, 2020-2028
Global Displacement Pumps Market Share by Region, 2022
Global Positive Displacement Pumps Market by Region, 2020-2028 (USD Million)
Global Positive Displacement Pumps Market by Region, CAGR Historic and Forecast, 2020-2028
North America Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
North America Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
North America Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
North America Positive Displacement Pumps Market Share by Country, 2022
Europe Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
Europe Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
Europe Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
Europe Positive Displacement Pumps Market Share by Country, 2022
Asia Pacific Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
Asia Pacific Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
Asia Pacific Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
Asia-Pacific Positive Displacement Pumps Market Share by Country, 2022
Latin America Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
Latin America Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
Latin America Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
Latin America Positive Displacement Pumps Market Share by Country, 2022
Middle East and Africa (MEA) Positive Displacement Pumps Market, Net Growth, 2020-2028 (USD Million)
Middle East and Africa (MEA) Positive Displacement Pumps Market by Type, 2020-2028 (USD Million)
Middle East and Africa (MEA) Positive Displacement Pumps Market by Type, CAGR Historic and Forecast, 2020-2028
Middle East and Africa Positive Displacement Pumps Market Share by Region, 2022
Global Pumps Market Share, by Top Company, 2022
Flowserve Corporation Financial Overview (USD Million)
Flowserve Corporation Revenue, by Type, 2022
Flowserve Corporation Revenue, by Segment, 2022
Flowserve Corporation Revenue, by Region, 2022
Sulzer AG Financial Overview (CHF Million)
Sulzer AG Revenue, by Segment, 2022
Sulzer AG Revenue, by Region, 2022
Sulzer AG Revenue, by Country, 2022
KSB SE & Co. KGaA Pumps Segment Revenue (EUR Million)
KSB SE & Co. KGaA Financial Overview (EUR Million)
KSB SE & Co. KGaA Revenue, by Segment, 2022
KSB SE & Co. KGaA Revenue, by Type, 2022
Xylem, Inc. Pumps, Accessories, Parts and Service Revenue (USD Million)
Xylem, Inc. Financial Overview (USD Million)
Xylem, Inc. Revenue, by Segment, 2022
Xylem, Inc. Revenue, by Type, 2022
Xylem, Inc. Revenue, by Region, 2022
Grundfos AS Financial Overview (DKK Million)
Grundfos AS Revenue, by Divisions, 2022
Grundfos AS Revenue, by Region, 2022
ITT, Inc. Chemical and Industrial Pumps Revenue (USD Million)
ITT, Inc. Financial Overview (USD Million)
ITT, Inc. Revenue, by Segment, 2022
ITT, Inc. Revenue, by Industry, 2022
ITT, Inc. Revenue, by Region, 2022
IDEX Corporation Pumps Revenue (USD Million)
IDEX Corporation Financial Overview (USD Million)
IDEX Corporation Revenue, by Segment, 2022
IDEX Corporation Revenue, by Region, 2022
Dover Corporation Pumps & Process Solutions Revenue (USD Million)
Dover Corporation Financial Overview (USD Million)
Dover Corporation Revenue, by Segment, 2022
Dover Corporation Revenue, by Region, 2022
Ebara Corporation Pumps Revenue (JPY Billion)
Ebara Corporation Financial Overview (JPY Million)
Ebara Corporation Revenue, by Service and Support (S&S) Revenue Ratio, 2022
Ebara Corporation Revenue, by Segment, 2022
Ebara Corporation Revenue, by Region, 2022
Ingersoll Rand Inc. Financial Overview (USD Million)
Ingersoll Rand Inc. Revenue, by Segment, 2022
Ingersoll Rand Inc. Revenue, by Product Categories, 2022
Ingersoll Rand Inc. Revenue, by Region, 2022