Global Reciprocating Pumps Market Size & Outlook
The reciprocating pumps industry worldwide is expected to reach a projected revenue of US$ 21,255.0 million by 2030. A compound annual growth rate of 5.2% is expected of the worldwide reciprocating pumps industry from 2024 to 2030.
Revenue, 2023 (US$M)
$14,928.1
Forecast, 2030 (US$M)
$21,255.0
CAGR, 2024 - 2030
5.2%
Report Coverage
Worldwide
Global reciprocating pumps market, 2018-2030 (US$M)
Related Markets
Global reciprocating pumps market highlights
- The global reciprocating pumps market generated a revenue of USD 14,928.1 million in 2023 and is expected to reach USD 21,255.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
- In terms of segment, diaphragm accounted for a revenue of USD 8,592.5 million in 2023.
- Diaphragm is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 14,928.1 million |
| Market revenue in 2030 | USD 21,255.0 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Diaphragm |
| Fastest growing segment | Diaphragm |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diaphragm, Piston, Plunger |
Other key industry trends
- In terms of revenue, the North America accounted for 55.4% of the global reciprocating pumps market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,344.2 million by 2030.
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Reciprocating Pumps Market Scope
Reciprocating pumps market segmentation & scope
Reciprocating Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global reciprocating 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 reciprocating pumps market will help companies and investors design strategic landscapes.
diaphragm was the largest segment with a revenue share of 57.56% in 2023. Horizon Databook has segmented the Global reciprocating pumps market based on diaphragm, piston, plunger covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Reciprocating Pumps Type Outlook (Revenue, USD Million, 2018-2030)
- Diaphragm
- Piston
- Plunger
- Global Reciprocating Pumps End Use Outlook (Revenue, USD Million, 2018-2030)
- Agriculture
- Construction & Building Services
- Water & Wastewater
- Power Generation
- Oil & Gas
- Chemical
- Other End-use
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Our clientele includes a mix of reciprocating pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global reciprocating pumps market , including forecasts for subscribers. This global databook contains high-level insights into Global reciprocating pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global reciprocating pumps market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Reciprocating pumps market size, 2023 (USD Million)
Top 10 countries: Reciprocating pumps market size, 2023 (USD Million)
Global reciprocating pumps market, by region, 2023 (US$M)
Related regional statistics
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