Global Reciprocating Pumps Market Size & Outlook

The reciprocating pumps industry worldwide is expected to reach a projected revenue of US$ 21,255.0 million by 2030. A compound annual growth rate of 5.2% is expected of the worldwide reciprocating pumps industry from 2024 to 2030.

Revenue, 2023 (US$M)
$14,928.1
Forecast, 2030 (US$M)
$21,255.0
CAGR, 2024 - 2030
5.2%
Report Coverage
Worldwide

Global reciprocating pumps market highlights

  • The global reciprocating pumps market generated a revenue of USD 14,928.1 million in 2023 and is expected to reach USD 21,255.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.2% by 2030.
  • In terms of segment, diaphragm accounted for a revenue of USD 8,592.5 million in 2023.
  • Diaphragm is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 14,928.1 million
Market revenue in 2030USD 21,255.0 million
Growth rate5.2% (CAGR from 2023 to 2030)
Largest segmentDiaphragm
Fastest growing segmentDiaphragm
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiaphragm, Piston, Plunger

Other key industry trends

  • In terms of revenue, the North America accounted for 55.4% of the global reciprocating pumps market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 1,344.2 million by 2030.

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Reciprocating Pumps Market Companies

Name Profile # Employees HQ Website

Global reciprocating pumps market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reciprocating pumps market will help companies and investors design strategic landscapes.


Diaphragm was the largest segment with a revenue share of 57.56% in 2023. Horizon Databook has segmented the Global reciprocating pumps market based on diaphragm, piston, plunger covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Reciprocating Pumps Type Outlook (Revenue, USD Million, 2018-2030)
    • Diaphragm
    • Piston
    • Plunger
  • Global Reciprocating Pumps End Use Outlook (Revenue, USD Million, 2018-2030)
    • Agriculture
    • Construction & Building Services
    • Water & Wastewater
    • Power Generation
    • Oil & Gas
    • Chemical
    • Other End-use

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Target buyers of Global reciprocating pumps market databook

  • Our clientele includes a mix of reciprocating pumps market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global reciprocating pumps market , including forecasts for subscribers. This global databook contains high-level insights into Global reciprocating pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global reciprocating pumps market size, by regions, 2018-2030 (US$M)

Top 10 countries: Reciprocating pumps market size, 2023 (US$M)

Global reciprocating pumps market share, by type, 2023 & 2030 (%, US$M)

Reciprocating Pumps Market: Opportunity Assessment By Country

Global reciprocating pumps market, by region, 2023 (US$M)

Global reciprocating pumps market size, by regions, 2018-2030 (US$M)

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