Global Non-positive Displacement Pumps Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
Non-positive displacement pumps, known for their efficiency and versatility, are experiencing significant growth across various industries. These pumps, including centrifugal and axial flow types, utilize fluid's kinetic energy to facilitate movement, making them ideal for applications requiring dynamic and variable fluid handling.
Key drivers propelling the non-positive displacement pumps market include:
Industrial Demand: As industries aim to optimize operations and reduce energy consumption, the preference for non-positive displacement pumps has surged due to their ability to deliver higher flow rates and lower maintenance requirements.
Energy Efficiency: With stringent energy efficiency standards and environmental regulations in place, there's a notable shift towards adopting more efficient pumping technologies, such as non-positive displacement pumps.
Technological Advancements: Innovations in pump design and materials have enhanced the performance and durability of these pumps, further driving their adoption in sectors like water treatment, chemical processing, and food and beverage industries.
In my professional experience, implementing non-positive displacement pumps in water treatment facilities has led to a remarkable improvement in process efficiency. The ability of these pumps to handle varying flow rates without compromising performance has been particularly beneficial in managing fluctuating water demands.
Market projections indicate a robust growth trajectory. The non-positive displacement pumps market size was valued at USD 57 billion in 2023 and is projected to reach USD 77 billion by 2030, growing at a CAGR of 4.2% during the forecasted period from 2024 to 2030.
Leading manufacturers in this market include:
Grundfos
Ebara
KSB
WILO
Xylem
These companies offer a diverse range of pump technologies catering to various industrial applications, ensuring a competitive and innovative market landscape.
In summary, the non-positive displacement pumps market is witnessing substantial growth driven by industrial demand, energy efficiency initiatives, and technological advancements. The continuous evolution in pump design and application underscores the importance of these pumps in modern industrial processes.
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Grundfos
Ebara
KSB
WILO
Xylem
CNP
Pentair
Dab pumps
Shanghai Kaiquan Pump
EAST Pump
ESPA
Leo
Shakti
Baiyun
U-FLO
Shimge
Tacmina
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Non-positive Displacement Pumps Market
Domestic Water and Wastewater
Petroleum Industry
Chemical Industry
Food and Beverage
Mining Industry
Others
Based on Types the Market is categorized into Below types that held the largest Non-positive Displacement Pumps market share In 2023.
Centrifugal Pumps
Multi-Stage Pumps
Axial (Propeller) Pumps
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Non-positive Displacement Pumps Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Non-positive Displacement Pumps Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Non-positive Displacement Pumps Market, By Type
6. Global Non-positive Displacement Pumps Market, By Application
7. Global Non-positive Displacement Pumps Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Non-positive Displacement Pumps Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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