The global metering pump market is expected to witness an increase in demand due to government promotions and regulations related to product standards, precision, energy efficiency, and high-growth applications such as pharmaceutical products. Many countries' governments have enacted laws and regulations for industries to treat water before discharging it into water bodies, leading to the increased use of metering pumps in wastewater treatment. For instance, the Clean Water Act (CWA) is a federal law in the U.S. The primary goal of the CWA is to protect and restore the nation's waters to a safe condition for drinking, swimming, and fishing. It regulates the discharge of pollutants into the waters of the U.S., including lakes, rivers, and wetlands. The CWA establishes a framework for regulating pollutants by setting water quality standards and a permitting system for industries discharging pollutants into water bodies.
The increasing demand for potable water worldwide is one of the critical drivers for the metering pump market, as many regions face water scarcity due to urbanization and industrialization. According to UNICEF and the World Health Organization, a large number of people around the world lack access to safe drinking water, sanitation, and hygiene. According to the study, 2.2 billion people lack access to safe drinking water, 4.2 billion lack access to proper hygiene services, and 3 billion do not have basic handwashing facilities.
The popularity of digital pumping solutions further boosts market growth. Digital pumping systems, such as smart metering pumps, use digital technology to provide advanced features such as remote monitoring, control, and automation. These technologies can optimize metering pump performance by altering flow rate, pressure, and other parameters based on real-time process requirements. The advantages of digital pumping solutions, such as higher accuracy, decreased waste, and increased productivity, boost their demand among end-users.
The industry players are also investing in research and development to provide innovative digital pumping solutions that cater to end-users evolving needs. In addition, initiatives by public and private organizations associated with metering pumps are also anticipated to accelerate market expansion. For instance, in March 2022, Atlas Copco acquired LEWA GmbH and Geveke B.V. The acquired businesses are expected to operate within Atlas Copco's power technique business area, specifically in the power and flow division.
By Product
Diaphragm Pumps
Piston/Plunger Pumps
Bellow Pumps
Peristaltic Pumps
Syringe pumps
Others
By Pump Drive
Motor-Driven
Pneumatic
Solenoid Drive
Others
By End-use Industry
Water Treatment
Petrochemicals, & Oil & Gas
Chemical Processing
Pharmaceuticals
Food & Beverages
Pulp & Paper
Agriculture
Automotive
Others
Key players
MCFARLAND PUMPS
ViscoTec Pumpen- u. Dosiertechnik GmbH
LEWA GmbH
Grundfos Holding A/S
Neptune
Milton Roy Company
SEKO S.p.A.
Swelore Engineering
Changzhou PreFluid Technology Co., Ltd.
WALCHEM, IWAKI AMERICA INC.
Emec S.r.l.
GET A FREE SAMPLE
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities.
Contact us now to get our best pricing.
ESOMAR certified & member
Leading SME award by D&B
We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.
"The quality of research they have done for us has been excellent."
We value your investment and offer free customization with every report to fulfil your exact research needs.