Metering Pumps Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Metering Pumps market, including market dynamics, size, segmentation, and regional insights for the forecast period 2023-2033. It also discusses future trends and key players shaping industry growth.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $6.80 Billion |
| CAGR (2023-2033) | 4.5% |
| 2033 Market Size | $10.65 Billion |
| Top Companies | Grundfos, Flowserve Corporation, Dover Corporation, Xylem Inc. |
| Last Modified Date | 15 Nov 2024 |
Metering Pumps Market Report (2023 - 2033)
Metering Pumps Market Overview
What is the Market Size & CAGR of Metering Pumps market in 2023?
Metering Pumps Industry Analysis
Metering Pumps Market Segmentation and Scope
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Metering Pumps Market Analysis Report by Region
Europe Metering Pumps Market Report:
The European market is experiencing steady growth from $1.72 billion in 2023 to $2.69 billion by 2033, driven by stringent regulations focusing on energy efficiency and environmental sustainability. The need for precise dosing in pharmaceutical and chemical processes also plays a crucial role.Asia Pacific Metering Pumps Market Report:
The Asia Pacific region is witnessing rapid industrialization and urbanization, contributing to a market size of $1.38 billion in 2023, anticipated to grow to $2.16 billion by 2033. The increasing demand from the water treatment sector and growing chemical industries in countries like China and India is fueling this growth.North America Metering Pumps Market Report:
North America’s market was valued at $2.63 billion in 2023 and is projected to reach $4.12 billion by 2033, largely due to advancements in technology, increased adoption of automation across industries, and significant investment in water management projects.South America Metering Pumps Market Report:
In South America, the metering pumps market is expected to grow from $0.19 billion in 2023 to $0.30 billion by 2033. This growth is driven by increasing investments in infrastructure and the rising agricultural sector that requires metering solutions for fertilizers and water.Middle East & Africa Metering Pumps Market Report:
The Middle East and Africa metering pumps market, valued at $0.88 billion in 2023, is expected to reach $1.38 billion by 2033. This growth is fueled by increasing oil and gas exploration and the need for effective water management solutions.Request a custom research report for industry.
Metering Pumps Market Analysis By Product
Global Metering Pumps Market, By Product Type Market Analysis (2023 - 2033)
The Metering Pumps market is segmented into Mechanical and Electronic Metering Pumps. Mechanical Metering Pumps dominate the market with a size of $4.65 billion in 2023, anticipated to reach $7.28 billion by 2033, holding a market share of 68.36%. Electronic Metering Pumps follow with a size of $1.61 billion in 2023, expected to grow to $2.52 billion by 2033, representing 23.64% of the total market.
Metering Pumps Market Analysis By Application
Global Metering Pumps Market, By Application Market Analysis (2023 - 2033)
Applications for Metering Pumps span across Water and Wastewater Treatment, Food and Beverage, Chemical Processing, and Pharmaceuticals. Water and Wastewater Treatment is the largest application segment with a market size of $3.22 billion in 2023, likely to grow to $5.04 billion by 2033.
Metering Pumps Market Analysis By End Use Industry
Global Metering Pumps Market, By End-Use Industry Market Analysis (2023 - 2033)
The end-use industry segmentation includes Industrial, Commercial, and Residential markets. The Industrial segment leads with a size of $4.65 billion in 2023, expected to grow to $7.28 billion by 2033, representing 68.36% of the market, driven by rising demand for automation and precise material handling.
Metering Pumps Market Analysis By Control Type
Global Metering Pumps Market, By Control Type Market Analysis (2023 - 2033)
The meter pump control types are Manual Control and Automatic Control. Manual Control, commanding a 88.14% share, has a market size of $5.99 billion in 2023, expanding to $9.39 billion by 2033. In contrast, Automatic Control constitutes a smaller segment with a 11.86% share.
Metering Pumps Market Analysis By Material
Global Metering Pumps Market, By Material Market Analysis (2023 - 2033)
Materials segment for Metering Pumps includes Plastic and Metal types. The Plastic segment dominates with a size of $5.99 billion in 2023, projected to grow to $9.39 billion by 2033, while the Metal segment, currently valued at $0.81 billion, is expected to reach $1.26 billion.
Metering Pumps Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Metering Pumps Industry
Grundfos:
A Danish multinational, Grundfos is known for its innovation in pump technology, providing energy-efficient and sustainable solutions.Flowserve Corporation:
Based in the USA, Flowserve specializes in fluid motion and control products, focusing on high-performance pumps and high-reliability sealing solutions.Dover Corporation:
Dover operates in various markets with high-quality pump solutions aimed at energy-efficient performance across different applications.Xylem Inc.:
Xylem is a leading water technology company, committed to developing sustainable solutions for water management and treatment.We're grateful to work with incredible clients.
