Positive Displacement Pumps Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the Positive Displacement Pumps market, covering its current landscape, growth potential, market size, and key trends from 2023 to 2033.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $10.50 Billion |
CAGR (2023-2033) | 4.5% |
2033 Market Size | $16.45 Billion |
Top Companies | Flowserve Corporation, GEA Group Aktiengesellschaft, pumpen.fabrik Wangen GmbH, KSB AG, Parker Hannifin Corporation |
Last Modified Date | 15 Nov 2024 |
Positive Displacement Pumps Market Report (2023 - 2033)
Positive Displacement Pumps Market Overview
What is the Market Size & CAGR of Positive Displacement Pumps market in 2023?
Positive Displacement Pumps Industry Analysis
Positive Displacement Pumps Market Segmentation and Scope
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Positive Displacement Pumps Market Analysis Report by Region
Europe Positive Displacement Pumps Market Report:
Europe's Positive Displacement Pumps market is valued at $2.55 billion in 2023, anticipated to grow to $3.99 billion by 2033. Regulatory frameworks supporting environmental sustainability and energy efficiency are key factors propelling this growth.Asia Pacific Positive Displacement Pumps Market Report:
The Asia-Pacific region is witnessing rapid industrialization, with a current market size of $2.14 billion projected to grow to $3.35 billion by 2033. This growth is fueled by significant investments in chemical manufacturing and water treatment plants, mainly in countries like China and India.North America Positive Displacement Pumps Market Report:
North America currently leads the market with a size of $3.96 billion in 2023, forecasted to expand to $6.20 billion by 2033. The increase is driven by innovation in technology across various sectors, including water management and industrial processing.South America Positive Displacement Pumps Market Report:
In South America, the Positive Displacement Pumps market stands at $0.89 billion in 2023, expected to reach $1.40 billion by 2033. The demand from the oil and gas sector plays a crucial role in this region's market growth, particularly in Brazil and Argentina.Middle East & Africa Positive Displacement Pumps Market Report:
The Middle East and Africa region has a market size of $0.96 billion in 2023, projected to reach $1.50 billion by 2033. The growth is supported by investments in water infrastructure and oil extraction activities, particularly in Gulf Cooperation Council countries.Request a custom research report for industry.
Positive Displacement Pumps Market Analysis By Type
Global Positive Displacement Pumps Market, By Type Market Analysis (2023 - 2033)
In the Positive Displacement Pumps market by type, gear pumps dominate with a size of $6.11 billion in 2023 and expected growth to $9.57 billion by 2033. Diaphragm pumps follow with a current market of $2.22 billion, projected to grow to $3.47 billion. Peristaltic and progressive cavity pumps serve niche applications, growing modestly from $1.07 billion to $1.68 billion and from $1.10 billion to $1.72 billion, respectively.
Positive Displacement Pumps Market Analysis By Application
Global Positive Displacement Pumps Market, By Application Market Analysis (2023 - 2033)
The market segmented by application is primarily driven by the oil and gas sector, currently at $4.25 billion and expected to reach $6.65 billion by 2033. Chemical processing follows with $2.62 billion, anticipated to grow to $4.10 billion. Water and wastewater management is also significant, with growth from $1.29 billion to $2.02 billion.
Positive Displacement Pumps Market Analysis By End User
Global Positive Displacement Pumps Market, By End-User Market Analysis (2023 - 2033)
Industrial applications account for the majority share, standing at $6.61 billion in 2023 and projected to reach $10.35 billion by 2033. Commercial applications are expected to grow from $2.18 billion to $3.41 billion, while residential applications grow more modestly from $1.72 billion to $2.69 billion.
Positive Displacement Pumps Market Analysis By Capacity
Global Positive Displacement Pumps Market, By Capacity Market Analysis (2023 - 2033)
The low capacity segment (less than 100 L/h) holds the largest market share at $6.61 billion, projected to grow to $10.35 billion. Medium capacity (100 L/h to 1000 L/h) accounts for $2.18 billion and is expected to reach $3.41 billion by 2033. High capacity pumps (more than 1000 L/h) currently at $1.72 billion, are forecasted to grow to $2.69 billion.
Positive Displacement Pumps Market Trends and Future Forecast
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