Global Pumps Market Research Report 2026-2031 Now Available — Published as Atlas Copco Deepens Hygienic Pump Push with Pomac BV Acquisition
The global pumps market was valued at USD 65 billion in 2025 and is projected to reach USD 88.36 billion by 2031, growing at a 5.25% CAGR. Market growth is driven by energy-efficient smart pumps, water and wastewater infrastructure, construction, industrial expansion, and building renovations. APAC leads with over 40% market share, while electric and centrifugal pumps dominate their segments. Multistage pumps are forecast to grow fastest. Key pump market players include Grundfos, Xylem, Flowserve, KSB, Sulzer, Ebara, and Wilo. The global pumps market was valued at USD 65 billion in 2025 and is projected to reach USD 88.36 billion by 2031, growing at a 5.25% CAGR. Market growth is driven by energy-efficient smart pumps, water and wastewater infrastructure, construction, industrial expansion, and building renovations. APAC leads with over 40% market share, while electric and centrifugal pumps dominate their segments. Multistage pumps are forecast to grow fastest. Key pump market players include Grundfos, Xylem, Flowserve, KSB, Sulzer, Ebara, and Wilo.