Mexico Pumps Market Size & Outlook, 2025-2033
Related Markets
Mexico pumps market highlights
- The Mexico pumps market generated a revenue of USD 1,642.4 million in 2024 and is expected to reach USD 2,523.7 million by 2033.
- The Mexico market is expected to grow at a CAGR of 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.
Pumps market data book summary
| Market revenue in 2024 | USD 1,642.4 million |
| Market revenue in 2033 | USD 2,523.7 million |
| Growth rate | 5% (CAGR from 2025 to 2033) |
| Largest segment | Centrifugal |
| Fastest growing segment | Positive Displacement |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Mexico accounted for 2.8% of the global pumps market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. pumps market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 2,523.7 million by 2033.
Centrifugal was the largest segment with a revenue share of 69.23% in 2024. Horizon Databook has segmented the Mexico pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2021 to 2033.
In the last few years, North America witnessed economic volatility because of stringent trade policies by the U.S. on the import of Chinese goods. This has adversely affected the regional growth on a macroeconomic level and created favorable grounds for investments in Mexico.
Mexico is a geographically critical location for outsourcing production activities as it is adjacent to the U.S., one of the major export destinations for component manufacturers. Furthermore, geographical proximity, supply source for distributors & retailers, and the ease of doing business make it an advantageous location for component manufacturers.
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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 |
Mexico pumps market size, by type, 2021-2033 (US$M)
Mexico Pumps Market Outlook Share, 2024 & 2033 (US$M)
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