Europe Pumps Market Size & Outlook, 2025-2033
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Europe pumps market highlights
- The Europe pumps market generated a revenue of USD 12,458.4 million in 2024.
- The market is expected to grow at a CAGR of 3.7% from 2025 to 2033.
- In terms of segment, centrifugal was the largest revenue generating type in 2024.
- Positive Displacement is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2033.
Europe data book summary
| Market revenue in 2024 | USD 12,458.4 million |
| Market revenue in 2033 | USD 17,199.9 million |
| Growth rate | 3.7% (CAGR from 2025 to 2033) |
| Largest segment | Centrifugal |
| Fastest growing segment | Positive Displacement |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Centrifugal, Positive Displacement |
| Key market players worldwide | SLB, Ingersoll Rand Inc, The Weir Group, Vaughan Chopper Pumps, KSB SE & Co KGaA, Pentair PLC, Grundfos, Xylem Inc, Flowserve Corp, ITT Inc, Ebara Corp, Iwaki America, Sulzer AG, SPX FLOW |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.9% of the global pumps market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,188.3 million by 2033.
Centrifugal was the largest segment with a revenue share of 63.46% in 2024. Horizon Databook has segmented the Europe pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2021 to 2033.
The European region is characterized by the presence of major global economies such as Germany, the UK, France, Spain, Italy, and Russia, among others. Supportive policies, strong growth in wages, and continuous employment creation are some of the factors contributing to the region’s economic growth.
Growing population, urbanization, and socioeconomic development are major factors driving the market in the region. The European Union (EU) is one of the leading chemical manufacturing and exporting regions in the world. Construction sector in the region is a major consumer of chemicals and is anticipated to expand due to factors such as low interest rates and increasing infrastructure investments.
This surge in construction activities is expected to sustain a stable demand for chemicals in the coming years. Consequently, the steady demand for chemicals will likely bolster growth in the pumps market, as these industries rely on pumps for various industrial processes and infrastructure development projects throughout the EU.
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Pumps Market Scope
Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Iwaki America | View profile | 501-1000 | Holliston, Massachusetts, United States, North America | https://iwakiamerica.com/ |
| Vaughan Chopper Pumps | View profile | 101-250 | Montesano, Washington, United States, North America | http://www.chopperpumps.com |
| The Weir Group | View profile | 10001+ | Glasgow, Glasgow City, United Kingdom, Europe | https://www.global.weir/ |
| SLB | View profile | 11-50 | Brno, Jihomoravsky kraj, Czech Republic, Europe | https://www.slb.cz |
| SPX FLOW | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | https://www.spxflow.com/ |
| Grundfos | View profile | 10001+ | Bjerringbro, Midtjylland, Denmark, Europe | http://www.grundfos.com/ |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| KSB SE & Co KGaA | View profile | 16038 | Johann-Klein-Strasse 9, Frankenthal, RP, Germany, 67227 | https://www.ksb.com |
| Ebara Corp | View profile | 19629 | 11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, Japan, 144-8510 | http://www.ebara.co.jp |
| ITT Inc | View profile | 10600 | 100 Washington Boulevard, 6th Floor, Stamford, CT, United States, 06902 | https://www.itt.com |
| Pentair PLC | View profile | 10500 | 70 London Road, Regal House, Twickenham, London, United Kingdom, TW13QS | https://www.pentair.com |
| Flowserve Corp | View profile | 16000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | https://www.flowserve.com |
| Sulzer AG | View profile | 13300 | Neuwiesenstrasse 15, Winterthur, Switzerland, 8401 | https://www.sulzer.com |
| Xylem Inc | View profile | 23000 | 300 Water Street SE, Washington, DC, United States, 20003 | https://www.xylem.com |
Europe pumps market size, by country, 2021-2033 (US$M)
Europe Pumps Market Outlook Share, 2024 & 2033 (US$M)
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