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Report Overview
The global industrial pumps market attained an approximate value of USD 70.19 Billion in 2025. The market is further expected to grow in the forecast period of 2026-2035 at a CAGR of 3.90% to reach about USD 102.90 Billion by 2035.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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In 2024, Grundfos has taken a significant step in solving the world's water challenge by acquiring the Commercial & Industrial business of Culligan in Italy, France, and the UK.
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In 2024, Global water technology leader Xylem invested $50 million to support emerging companies and water services providers in the solution of critical climate challenges facing the world, such as water scarcity, quality, and decarbonization.
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In 2022, Kirloskar Brothers Limited launched another advanced pump series, 'AQUA KNIGHT'. This is a high-efficiency energy-saving pump.
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Industrial pump technology has been undergoing a remarkable transformation in recent years driven by digitization, artificial intelligence, and, above all, a focus on energy efficiency.
Industrial Pumps Market Competitive Landscape
Key players focus on the effective manufacturing of industrial pumps for managing water, treating wastewater, and other industrial applications while underlining innovation and sustainability and thus boosting the demand of industrial pumps market globally.
Grundfos Pumps Corporation, founded in 1945 and based in Bjerringbro, Denmark, manufactures a range of industrial pumps, including centrifugal, multistage, and submersible pumps, for water supply, wastewater management, and industrial processes, which focus on energy efficiency and reliability.
Xylem Inc., founded in 2011 and has its headquarters in Rye Brook, New York, offers an industrially diversified platform of pump solutions, such as centrifugal, progressive cavity, and diaphragm pumps. The products help in the management of water and wastewater, industrial processes, and agricultural applications. Their key competencies rest on innovative technologies and sustainability.
Trane Technologies plc, based in Dublin, Ireland, and founded in 1913, offers its industrial pumps under the brand name Trane. It designs and manufactures both centrifugal and screw pumps for HVAC systems and industrial applications, offering innovative solutions to their customers for efficiency and performance in climate control and energy management.
Other key players in the industrial pumps market include KSB SE & Co. KGaA, and Iwaki America, Inc., among others.
Industrial Pumps Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of approximately USD 70.19 Billion in 2025.
The market is projected to grow at a CAGR of 3.90% in the forecast period of 2026-2035.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach about USD 102.90 Billion by 2035.
The market is being driven by increasing infrastructural projects and their expansion plans, rapid urbanisation, and emerging refineries.
The key trends of the market include the implementation of advanced technology like automation for smooth operations in the refinery sector and the growing demand for centrifugal pumps in the food and beverage industry.
The major regional markets for Industrial pumps are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The different products in the market are centrifugal pumps, and positive displacement pumps, among others.
The major applications of industrial pumps are oil and gas, chemicals, construction, power, and water and wastewater, among others.
The key players in the global industrial pumps market are Grundfos Pumps Corporation, Xylem Inc., Trane Technologies plc, KSB SE & Co. KGaA, and Iwaki America, Inc., among others.
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