Canada Micropumps Market Size & Outlook, 2022-2030

The micropumps market in Canada is expected to reach a projected revenue of US$ 302.9 million by 2030. A compound annual growth rate of 16.6% is expected of Canada micropumps market from 2023 to 2030.

Revenue, 2022 (US$M)
$88.7
Forecast, 2030 (US$M)
$302.9
CAGR, 2023 - 2030
16.6%
Report Coverage
Canada

Canada micropumps market highlights

  • The Canada micropumps market generated a revenue of USD 88.7 million in 2022 and is expected to reach USD 302.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 16.6% from 2023 to 2030.
  • In terms of segment, mechanical micropumps was the largest revenue generating product in 2022.
  • Mechanical Micropumps is the most lucrative product segment registering the fastest growth during the forecast period.


Micropumps market data book summary

Market revenue in 2022USD 88.7 million
Market revenue in 2030USD 302.9 million
Growth rate16.6% (CAGR from 2022 to 2030)
Largest segmentMechanical micropumps
Fastest growing segmentMechanical Micropumps
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMechanical Micropumps, Non-mechanical micropumps
Key market players worldwideHalma PLC, Lee Enterprises Inc, Ramdor Computer Systems, Bartels Mikrotechnik, Xiamen Jihong Technology, Xavitech, Micropump, Servoflo, Blacktrace Ltd


Other key industry trends

  • In terms of revenue, Canada accounted for 4.7% of the global micropumps market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. micropumps market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 3,155.2 million by 2030.

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Micropumps Market Companies

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Canada micropumps market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to micropumps market will help companies and investors design strategic landscapes.


Mechanical micropumps was the largest segment with a revenue share of 56.14% in 2022. Horizon Databook has segmented the Canada micropumps market based on mechanical micropumps, non-mechanical micropumps covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada micropumps market databook

  • Our clientele includes a mix of micropumps market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada micropumps market , including forecasts for subscribers. This country databook contains high-level insights into Canada micropumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada micropumps market size, by product, 2018-2030 (US$M)

Canada Micropumps Market Outlook Share, 2022 & 2030 (US$M)

Canada micropumps market size, by product, 2018-2030 (US$M)

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