Latin America Micropumps Market Size & Outlook, 2022-2030

The micropumps market in Latin America is expected to reach a projected revenue of US$ 214.9 million by 2030. A compound annual growth rate of 15.9% is expected of Latin America micropumps market from 2023 to 2030.

Revenue, 2022 (US$M)
$66.1
Forecast, 2030 (US$M)
$214.9
CAGR, 2023 - 2030
15.9%
Report Coverage
Latin America

Latin America micropumps market highlights

  • The Latin America micropumps market generated a revenue of USD 66.1 million in 2022.
  • The market is expected to grow at a CAGR of 15.9% 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.
  • Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.


Latin America data book summary

Market revenue in 2022USD 66.1 million
Market revenue in 2030USD 214.9 million
Growth rate15.9% (CAGR from 2022 to 2030)
Largest segmentMechanical micropumps
Fastest growing segmentMechanical Micropumps
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 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, Latin America region accounted for 3.5% of the global micropumps market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,133.5 million by 2030.

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Micropumps Market Companies

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Latin America 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 55.82% in 2022. Horizon Databook has segmented the Latin America 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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  • Our clientele includes a mix of micropumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America micropumps market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America micropumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America micropumps market size, by country, 2018-2030 (US$M)

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

Latin America micropumps market size, by country, 2018-2030 (US$M)

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