PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1892842
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1892842
The Global Pumps Market was valued at USD 80.9 billion in 2025 and is estimated to grow at a CAGR of 4.3% to reach USD 124.8 billion by 2035.

Market expansion is driven by rapid industrialization and urbanization, which are increasing the demand for reliable pumping solutions worldwide. Emerging economies are witnessing significant infrastructure development, creating heightened requirements for pumps in domestic water supply, wastewater treatment, and industrial processes. Advances in pump technologies are enhancing efficiency and sustainability, enabling manufacturers to reduce energy consumption while meeting global environmental standards. Energy-efficient designs and innovative solutions are supporting operational cost savings for end-users and aligning with global efforts to reduce energy consumption. Increasing adoption across sectors such as municipal services, industrial facilities, and energy-intensive industries reinforces the steady growth of the pumps market over the forecast period. The oil & gas sector remains a key end-user of pumps, as these devices are essential for extraction, refining, and transportation activities. Pumps provide reliable performance even under fluctuating market conditions and evolving operational requirements.
| Market Scope | |
|---|---|
| Start Year | 2025 |
| Forecast Year | 2026-2035 |
| Start Value | $80.9 Billion |
| Forecast Value | $124.8 Billion |
| CAGR | 4.3% |
The portable pump segment generated USD 60.5 billion in 2025 and is projected to reach USD 95.3 billion by 2035. Their mobility, adaptability, and ease of use make portable pumps essential across industries, including construction, agriculture, mining, oil and gas, municipal services, and firefighting.
The centrifugal pump segment held 65.3% share in 2025, driven by their high efficiency, versatility, and ability to handle a wide range of fluids and flow rates, making them indispensable in industrial and municipal applications.
U.S. Pumps Market held an 85.7% share in 2025, supported by investments in water and wastewater treatment infrastructure and advancements in energy technologies, including hydrogen production and carbon capture. High-performance pumps are increasingly deployed for handling cryogenic and chemical fluids across these initiatives.
Key players in the Global Pumps Market include Xylem, KSB, Atlas Copco, Alfa Laval, Flowserve, SLB, Sulzer, ITT, Pentair, Wilo, Baker Hughes, Ebara, Kirloskar, Grundfos, and Weir Group. Companies in the Global Pumps Market strengthen their market presence by focusing on product innovation, including energy-efficient, durable, and high-capacity pumps. Expanding global manufacturing and distribution networks enables wider market reach and faster delivery to end-users. Strategic collaborations with industrial and municipal clients ensure long-term contracts and repeat business. R&D investments allow companies to develop solutions that meet evolving regulatory standards and sustainability goals. After-sales service, training programs, and digital monitoring solutions improve customer satisfaction and loyalty. Targeted marketing campaigns and participation in infrastructure development projects further consolidate their foothold and maintain competitiveness in regional and global markets.