Asia Pacific Pumps Market Size & Outlook, 2025-2033
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Asia Pacific pumps market highlights
- The Asia Pacific pumps market generated a revenue of USD 26,974.9 million in 2024.
- The market is expected to grow at a CAGR of 5.5% from 2025 to 2033.
- In terms of segment, centrifugal was the largest revenue generating type in 2024.
- Positive Displacement is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Asia Pacific data book summary
| Market revenue in 2024 | USD 26,974.9 million |
| Market revenue in 2033 | USD 43,188.3 million |
| Growth rate | 5.5% (CAGR from 2025 to 2033) |
| Largest segment | Centrifugal |
| Fastest growing segment | Positive Displacement |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Centrifugal, Positive Displacement |
| Key market players worldwide | SLB, Ingersoll Rand Inc, The Weir Group, Vaughan Chopper Pumps, KSB SE & Co KGaA, Pentair PLC, Grundfos, Xylem Inc, Flowserve Corp, ITT Inc, Ebara Corp, Iwaki America, Sulzer AG, SPX FLOW |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 45.2% of the global pumps market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,188.3 million by 2033.
Centrifugal was the largest segment with a revenue share of 72.65% in 2024. Horizon Databook has segmented the Asia Pacific pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2021 to 2033.
Rapid industrialization in the developing economies of Asia Pacific coupled with rising investments in manufacturing, commercial, and industrial projects has contributed to the overall growth of the pumps market in the region.
Furthermore, increased product penetration in various end-use industries including power generation, petrochemical, chemical, HVAC & refrigeration, and food & beverage is anticipated to complement growth. Moreover, surging energy demand in various industrial and commercial sectors, including supermarkets, manufacturing facilities, and airports, is further expected to boost the industry growth over the forecast period.
As far as Southeast Asian countries are concerned, Thailand, Indonesia, and Malaysia governments are framing supportive policies to promote investments in the extraction of natural resources, including crude oil and natural gas. Growing urbanization in emerging markets, such as Taiwan, India, and Indonesia, is expected to increase spending on infrastructure including power, transportation, and water.
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Pumps Market Scope
Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Iwaki America | View profile | 501-1000 | Holliston, Massachusetts, United States, North America | https://iwakiamerica.com/ |
| Vaughan Chopper Pumps | View profile | 101-250 | Montesano, Washington, United States, North America | http://www.chopperpumps.com |
| The Weir Group | View profile | 10001+ | Glasgow, Glasgow City, United Kingdom, Europe | https://www.global.weir/ |
| SLB | View profile | 11-50 | Brno, Jihomoravsky kraj, Czech Republic, Europe | https://www.slb.cz |
| SPX FLOW | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | https://www.spxflow.com/ |
| Grundfos | View profile | 10001+ | Bjerringbro, Midtjylland, Denmark, Europe | http://www.grundfos.com/ |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| KSB SE & Co KGaA | View profile | 16038 | Johann-Klein-Strasse 9, Frankenthal, RP, Germany, 67227 | https://www.ksb.com |
| Ebara Corp | View profile | 19629 | 11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, Japan, 144-8510 | http://www.ebara.co.jp |
| ITT Inc | View profile | 10600 | 100 Washington Boulevard, 6th Floor, Stamford, CT, United States, 06902 | https://www.itt.com |
| Pentair PLC | View profile | 10500 | 70 London Road, Regal House, Twickenham, London, United Kingdom, TW13QS | https://www.pentair.com |
| Flowserve Corp | View profile | 16000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | https://www.flowserve.com |
| Sulzer AG | View profile | 13300 | Neuwiesenstrasse 15, Winterthur, Switzerland, 8401 | https://www.sulzer.com |
| Xylem Inc | View profile | 23000 | 300 Water Street SE, Washington, DC, United States, 20003 | https://www.xylem.com |
Asia Pacific pumps market size, by country, 2021-2033 (US$M)
Asia Pacific Pumps Market Outlook Share, 2024 & 2033 (US$M)
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