India Positive Displacement Pumps Market Size & Outlook
India positive displacement pumps market, 2018-2030 (US$M)
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India positive displacement pumps market highlights
- The India positive displacement pumps market generated a revenue of USD 1,154.8 million in 2023 and is expected to reach USD 1,804.4 million by 2030.
- The India market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, rotary was the largest revenue generating type in 2023.
- Reciprocating is the most lucrative type segment registering the fastest growth during the forecast period.
Positive displacement pumps market data book summary
| Market revenue in 2023 | USD 1,154.8 million |
| Market revenue in 2030 | USD 1,804.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Rotary |
| Fastest growing segment | Reciprocating |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rotary, Reciprocating |
| Key market players worldwide | Ingersoll Rand Inc, SPX FLOW, Alfa Laval AB, IDEX Corp, Grundfos, Schlumberger Ltd, Weir Group PLC, KSB SE & Co KGaA, Sulzer AG, Flowserve Corp, Dover Corp, NOV Inc |
Other key industry trends
- In terms of revenue, India accounted for 6.1% of the global positive displacement pumps market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China positive displacement pumps market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,804.4 million by 2030.
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Positive Displacement Pumps Market Scope
Positive Displacement Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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India positive displacement pumps 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 positive displacement pumps market will help companies and investors design strategic landscapes.
Rotary was the largest segment with a revenue share of 56.64% in 2023. Horizon Databook has segmented the India positive displacement pumps market based on rotary, reciprocating covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian economy is progressing at a faster growth rate than other emerging economies owing to the changes in its government regulations over the past few years. These changes are benefiting the food & beverage, pharmaceutical, oil & gas, and chemical industries.
The growth in these end-use industries is anticipated to boost the demand for PD pumps over the forecast period. Growing awareness among consumers regarding the various advantages of PD pumps over centrifugal pumps is projected to be a major driving factor for the market in the country.
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Our clientele includes a mix of positive displacement pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India positive displacement pumps market , including forecasts for subscribers. This country databook contains high-level insights into India positive displacement pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India positive displacement pumps market size, by type, 2018-2030 (US$M)
India Positive Displacement Pumps Market Outlook Share, 2023 & 2030 (US$M)
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