Rotary Pumps Market Size, Share, Industry Trends and Forecast to 2033
This report provides an extensive analysis of the Rotary Pumps market from 2023 to 2033, focusing on market size, trends, key players, and growth opportunities. Insights include comprehensive breakdowns by region and segment, offering valuable information for stakeholders and decision-makers.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $5.00 Billion |
CAGR (2023-2033) | 7.5% |
2033 Market Size | $10.53 Billion |
Top Companies | Grundfos, Xylem Inc., KSB SE & Co. KGaA, Ingersoll Rand |
Last Modified Date | 15 Nov 2024 |
Rotary Pumps Market Report (2023 - 2033)
Rotary Pumps Market Overview
What is the Market Size & CAGR of Rotary Pumps market in 2023?
Rotary Pumps Industry Analysis
Rotary Pumps Market Segmentation and Scope
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Rotary Pumps Market Analysis Report by Region
Europe Rotary Pumps Market Report:
Europe’s Rotary Pumps market is anticipated to increase from $1.57 billion in 2023 to $3.30 billion by 2033. The region’s push for energy-efficient solutions and stringent environmental regulations is expected to enhance the demand for advanced pumping solutions, particularly within wastewater treatment and chemical processing industries.Asia Pacific Rotary Pumps Market Report:
The Asia Pacific Rotary Pumps market is projected to grow from $0.85 billion in 2023 to $1.79 billion by 2033. Key drivers include rapid industrialization, urbanization, and increased investments in infrastructural projects. Countries like China and India are witnessing substantial growth in demand, propelled by sectors such as water treatment and energy production.North America Rotary Pumps Market Report:
North America is projected to expand significantly, with the market size growing from $1.91 billion in 2023 to $4.02 billion in 2033. The oil and gas industry, alongside the water management sector, is a critical growth contributor, driven by innovations and a shift towards sustainable practices.South America Rotary Pumps Market Report:
In South America, the Rotary Pumps market is expected to rise from $0.32 billion in 2023 to $0.68 billion by 2033. The growth is spurred by advancements in agricultural processes and extractive industries, which utilize rotary pumps for various applications, including irrigation and mineral processing.Middle East & Africa Rotary Pumps Market Report:
The Rotary Pumps market in the Middle East and Africa is expected to grow from $0.35 billion in 2023 to $0.74 billion by 2033, with notable growth in the oil & gas sector, driven by the demand for effective fluid transport solutions amid rising energy needs.Request a custom research report for industry.
Rotary Pumps Market Analysis By Type
Global Rotary Pumps Market, By Type Market Analysis (2023 - 2033)
The market breakdown by type indicates that gear pumps lead the segment with a size expected to grow from $2.66 billion in 2023 to $5.61 billion by 2033, maintaining a market share of 53.26%. Progressive cavity pumps follow with an increase from $1.10 billion to $2.31 billion, capturing a market share of 21.97%. Peristaltic and vane pumps account for 12.19% and 12.58% market shares, respectively, demonstrating their value in specialized applications.
Rotary Pumps Market Analysis By Application
Global Rotary Pumps Market, By Application Market Analysis (2023 - 2033)
Industrial applications dominate the market with a size of $3.15 billion in 2023, projected to reach $6.62 billion by 2033, comprising 62.9% of the market. Oil and gas applications follow, increasing from $2.17 billion to $4.57 billion (43.39%). The chemical processing segment is anticipated to increment from $0.69 billion to $1.46 billion, while food and beverage and pharmaceutical sectors grow from $0.55 billion and $0.57 billion to $1.15 billion and $1.21 billion, respectively.
Rotary Pumps Market Analysis By End User
Global Rotary Pumps Market, By End-User Market Analysis (2023 - 2033)
The industrial end-user segment is the largest, expected to grow from $3.15 billion in 2023 to $6.62 billion in 2033. Residential applications also show potential, with an increase from $1.44 billion to $3.03 billion reflecting the residential needs for water management solutions. The commercial segment's growth from $0.42 billion to $0.88 billion highlights evolving market dynamics.
Rotary Pumps Market Analysis By Material
Global Rotary Pumps Market, By Material Market Analysis (2023 - 2033)
Metal materials dominate with a size expected to grow from $3.15 billion to $6.62 billion (62.9% market share), while plastic and ceramic materials contribute to the market, indicating a diversified approach to enhancing durability and adaptability in various environments.
Rotary Pumps Market Analysis By Technology
Global Rotary Pumps Market, By Technology Market Analysis (2023 - 2033)
Manual technology is the leader in the Rotary Pumps market, with a size expected to grow from $4.03 billion to $8.48 billion. Automatic technologies are gaining traction, projected to increase from $0.97 billion to $2.04 billion, reflecting a growing preference for smart solutions.
Rotary Pumps Market Trends and Future Forecast
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