World Pumps

Global demand for fluid handling pumps is projected to increase 5.5 percent annually to $84 billion in 2018. The Asia/Pacific region will remain the largest market and the second fastest growing, behind Central and South America. The key positive displacement and centrifugal pump segments will offer the best growth opportunities.This study analyzes the $64.4 billion world pump industry. It presents historical demand data (2003, 2008 and 2013) and forecasts (2018 and 2023) by product (e.g., centrifugal, positive displacement, oilfield, turbine), market (e.g., process manufacturers, water infrastructure, oil and gas), world region, and for 35 countries.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 35 industry participants, including Grundfos, Flowserve, and Xylem.