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The global high pressure pumps market size reached approximately USD 2.74 billion in 2023. The market is further projected to grow at a CAGR of 3.1% between 2024 and 2032, reaching a value of USD 3.60 billion by 2032.
A high pressure pump has the ability to deliver large volumes of water at high pressure. The machine is an integral part of various industries such as oil and gas, pharmaceutical, and manufacturing, among others. The installation of the correct high pressure pump is crucial as it optimises the process and reduces costs and time.
Based on type, the high pressure pumps market segmentation includes positive displacement and dynamic. On the basis of pressure, the market is segregated into 30 bar and 100 bar, 100 bar to 500 bar, and above 500 bar. Based on end use, the market is divided into oil and gas, chemicals and pharmaceuticals, power generation, and manufacturing industries, among others. On the basis of region, the market is classified into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global high pressure pumps market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
According to the high pressure pumps market analysis, the dynamic segment is expected to witness significant growth in the coming years. This is due to the ability of dynamic high pressure pumps to produce different flow rates. They also contain a rotating impeller that creates a vacuum that aids in moving fluids. The impeller also helps in reducing pressure at the inlet. Dynamic high pressure pumps have a simpler design and fewer moving parts, resulting in lower maintenance costs.
The Asia Pacific is anticipated to account for a significant high pressure pumps market share over the forecast period. This growth can be attributed to the rising demand for electricity from countries like India and China due to increasing population and energy demands. Furthermore, the rising investments in the oil and gas sector are also expected to boost the requirement for high pressure pumps in the region.
The vast agriculture sector in the region is also heavily dependent upon the latest technology and equipment including high pressure pumps to ensure food supply.
Sulzer Management Ltd. is a global leader in chemical processing applications and fluid engineering. The company is known for specialising in purification, separation, agitation, mixing, polymerisation, and pumping technologies for all types of fluid.
Grundfos Holding A/S, headquartered in Denmark, is one of the largest pump manufacturers around the world. The company is known for manufacturing centrifugal pumps, submersible pumps, and circular pumps, among others.
The Weir Group PLC is known for providing aftermarket services and original equipment for mining and infrastructure development sectors. The company was founded in 1871 and is headquartered in Glasgow, Scotland.
Other market players include CAT Pumps, Comet S.p.A., Teledyne Technologies Incorporated, Zhejiang Danau Industries Co., Udor S.p.A., Andritz AG, and Danfoss A/S, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Pressure |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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High Pressure Pumps Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 2.74 billion in 2023.
The market is projected to grow at a CAGR of 3.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3.60 billion by 2032.
The major market drivers include increased requirement for high pressure pumps for power generation and growing demand from chemicals and pharmaceutical sector.
The key trends fuelling the growth of the market include increased usage by oil and gas sector and digitalisation of high pressure pumps.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses of high pressure pumps include oil and gas, chemicals and pharmaceuticals, power generation, and manufacturing industries, among others.
The key players in the market are Sulzer Management Ltd., Grundfos Holding A/S, The Weir Group PLC, CAT Pumps, Comet S.p.A., Teledyne Technologies Incorporated, Zhejiang Danau Industries Co., Udor S.p.A., Andritz AG, and Danfoss A/S, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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