Rotary Pumps Market is Expected to Document a CAGR Worth 5.3% By 2032

The rotary pumps market is anticipated to grow at a CAGR of 5.3% from 2022 to 2032, reaching a value of USD 11.2 billion. Rotary pumps have long been in high demand due to their ability to pump gases and liquids without experiencing any head loss. As a result, these pumps are the top option for industries looking for affordable, sustainable pumps. As stated in the scenario above, the worldwide market has expanded at a rate of 1.4X during the past five years.

Demand for a pump that can operate well at high differential pressure and pump highly viscous fluids in small packages started to increase as industrial activities advanced. As a result, the market for low-cost rotary pumps has expanded, and it is anticipated that it will increase sales for its makers over the next 10 years.

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The Internet of Things (IoT) and Industry 4.0 are two advanced technologies that are rapidly gaining traction in the field of industrial automation. Pump manufacturers are looking for ways to develop high-efficiency, low-cost pumps and take advantage of the growing importance of innovative technology in industrial sectors. Pentair plc, a water treatment firm based in the United Kingdom, recently unveiled energy-efficient pool pumps that are linked with next-generation connected technologies that may automate activities including heating, filtering, moving, and sterilizing pool water.

Players in the rotary pump market are relocating production facilities to Asia, where labour costs are cheaper, in order to capitalize on the cost-effective features of rotary pumps and increase profitable sales in India, China, and other high-potential regions.

Focal Points

• Demand for rotary pumps in East Asia to grow at a CAGR of 5.8% by 2032.
• By application, industrial segment to generate around 51% of overall market valuation.
• Global rotary pumps market holds ~9% of the global industrial pumps market share in 2022.
• Increased industrialization trends in emerging economies will provide more attractive prospects for rotary pump market participants, prompting them to expand into developing countries.

Growth Drivers:

• The current market valuation will be boosted by the forthcoming trend of significant applications for rotary pumps in the Internet of Things (IoT).
• In most developing countries, increasing access to water and the importance of sanitation is creating numerous opportunities for rotary pump market players.

Competitive Analysis

As there are so many local and regional players, the worldwide rotary pump market is highly fragmented and competitive. Key players use a variety of marketing techniques, including mergers & acquisitions, expansions, collaborations, and partnerships.

Leading organizations also use new product creation as a strategic way to expand their market presence among consumers. As a result of these efforts, advanced rotary pumps have been implemented.

For instance,

• Gardner Denver Holdings Inc., a major provider of flow control and compression equipment, recently acquired DV Systems, a Canadian compressed air systems maker, in order to expand its core technologies and explore new industries in the future. Earlier this year, the company acquired Runtech Systems, a key participant in the pulp and paper industry, for roughly USD 93 million.

Key pioneers

• Xylem Inc.
• Flowserve Corporation
• KSB SE & Co. KGaA
• HMS Group
• Pentair Ltd.
• SPX Flow
• Dover Corporation
• Alfa Laval
• Gardner Denver Inc.
• IDEX Corporation
• ITT Inc.
• Roper Technologies Inc.

More Valuable Insights on Rotary Pumps Market

Fact.MR provides an unbiased analysis of the rotary pumps market, presenting forecast statistics for the period from 2022-2032. The study divulges compelling insights on the global rotary pumps market with a detailed segmentation on the basis of:

• By Product Type :
  • Gear
  • Vane
  • Screw
  • Lobe
  • Progressive Cavity Pumps
  • Piston
  • Peristaltic
• By Capacity :
  • Small (Up to 500 gpm)
  • Medium (500-1,000 gpm)
  • High (More than 1,000 gpm)
• By End-Use Application :
  • Oil, Gas & Refining
    • Oil & Gas Onshore
    • Oil & Gas Offshore
    • Oil Refining
  • Chemical
    • Chemicals-Basic
    • Chemicals-Downstream
  • Water & Wastewater
    • Industrial
    • Municipal
  • General Industry
    • Pulp & Paper
    • Metal Manufacturing
    • Food & Beverage
    • Pharmaceuticals
    • Shipbuilding
    • Mining
    • Harbor, Docks& Canals
    • Building Services
    • Construction Dewatering
    • Domestic/Residential Building
  • Power Generation
    • Power-Coal Oil
    • Power-Combined Cycle Gas
    • Power-Hydroelectric
    • Power-Nuclear
• By Region :
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA

Key Questions Covered in Rotary Pumps Market Report

• The report offers insight into the rotary pumps market demand outlook for 2022-2032.
• The market study also highlights projected sales growth for rotary pumps market between 2022 and 2032.
• Rotary pumps market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry.
• Rotary pumps market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.

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