Global Progressive Cavity Pumps Market Size & Outlook
The progressive cavity pumps industry worldwide is expected to reach a projected revenue of US$ 3,304.7 million by 2030. A compound annual growth rate of 4.8% is expected of the worldwide progressive cavity pumps industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,377.0
Forecast, 2030 (US$M)
$3,304.7
CAGR, 2024 - 2030
4.8%
Report Coverage
Worldwide
Global progressive cavity pumps market, 2018-2030 (US$M)
Global progressive cavity pumps market highlights
- The global progressive cavity pumps market generated a revenue of USD 2,377.0 million in 2023 and is expected to reach USD 3,304.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.8% by 2030.
- In terms of segment, up to 50 hp accounted for a revenue of USD 2,377.0 million in 2023.
- Up to 50 HP is the most lucrative power rating segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,377.0 million |
| Market revenue in 2030 | USD 3,304.7 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Up to 50 hp |
| Fastest growing segment | Up to 50 HP |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Up to 50 HP |
Other key industry trends
- In terms of revenue, the North America accounted for 24.7% of the global progressive cavity pumps market in 2023.
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Progressive Cavity Pumps Market Scope
Progressive cavity pumps market segmentation & scope
Pumping Capacity
Up to 500 GPM
501 to 1000 GPM
Above 1000 GPM
End Use
Oil & Gas
Water & Wastewater
Food & Beverage
Pulp & Paper
Chemicals
Others
Countries
U.S.
Canada
Mexico
Germany
France
Italy
Spain
UK
Japan
China
South Korea
Australia
Brazil
Argentina
Saudi Arabia
UAE
South Africa
Progressive Cavity Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global progressive cavity pumps market size, by regions, 2018-2030 (US$M)
Related industry reports
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