Global high-pressure pumps market is projected to register growth at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the growing adoption of high-pressure pumps in various industries such as oil & gas, chemicals & petrochemicals, food & beverage, pharmaceuticals, etc. Besides, surge in oil & gas exploration activities and rising demand for high pressure pumps from the textile industry, steel manufacturing sector, food processing, and automotive industry, etc. are expected to fuel the growth of the global high-pressure pumps market. Market players are employing 3D printing technology with computer modelling for cutting edge development in pump design, repair and replacements, which in turn, is driving the growth of global high-pressure pumps market during the forecast period. Rapidly expanding manufacturing sector in developing and developed countries, owing to rapid industrialization, urbanization, and increasing population are contributing to the growth of the global high-pressure pumps market.
The global high-pressure pumps market is segmented on the basis of type, pressure, end-user, and region. Based on pressure, the market is segmented into 30 Bar–100 Bar, 101–500 Bar, And Above 500 Bar. In 2021, the 30 bars–100 bar accounted for the largest market share due to its adoption in different application in various industries for cleaning purposes. Based on end-user, the manufacturing industry segment is anticipated to grow at the fastest rate during 2023-2027 due to growing sectors like automotive & food processing. Geographically, APAC region is expected to dominate the market and is projected to grow at the highest CAGR from 2018-2023, since the region has the largest construction sector.
Download Free Sample Report:
Some of the leading players in the global high-pressure pumps market are Grundfos, Andritz, GEA Group, Comet S.P.A, Danfoss Group, Sulzer Ltd., The Weir Group PLC., CAT Pumps, Teledyne Isco, Zhejiang Danau Industries Co., Ltd, Udor S.P.A, etc.
In this report, global high-pressure pumps market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
High-Pressure Pumps Market, By Type:
- Dynamic High-Pressure Pump
- Positive Displacement High Pressure
High-Pressure Pumps Market, By Pressure:
- 30 Bar–100 Bar
- 101–500 Bar
- Above 500 Bar
High-Pressure Pumps Market, By End-User:
- Oil & Gas
- Power Generation
- Chemical & Pharmaceuticals
- Manufacturing Industries
High-Pressure Pumps Market, By Region:
- Asia Pacific
- South Korea
- Europe & CIS
- United Kingdom
- North America
- United States
- South America
- Middle East and Africa
- South Africa
- Saudi Arabia
- Asia Pacific
Company Profiles: Detailed analysis of the major companies present in the global high-pressure pumps market.
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Mr. Ken Mathews
708 Third Avenue,
New York – 10017
Email: [email protected]