United States Industrial Pump Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Positive Displacement Pump and Centrifugal Pump), By Application (Chemicals, Power Generation, Water & Wastewater Treatment, Construction, Oil & Gas, and Others), and US Industrial Pump Market Insights, Industry Trend, Forecasts to 2035

USA Industrial Pump Market Insights Forecasts to 2035

• The US Industrial Pump Market Size Was Estimated at USD 5.08 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 3.35% from 2025 to 2035
• The USA Industrial Pump Market Size is Expected to reach USD 7.30 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the US Industrial Pump Market is anticipated to reach USD 7.30 Billion by 2035, growing at a CAGR of 3.35% from 2025 to 2035. The market growth is owing to the rising trend of modern infrastructure, strict environmental laws, and the need for sophisticated pumping solutions oil and gas industry's expansion, technological developments, lower operating costs, and encouraging sustainability.

Market Overview

The production, distribution, and use of pumps in industries such as chemical processing, oil and gas, water management, and electricity generation are all included in the US industrial pump market. These pumps are essential for efficient fluid movement and operations. An industrial pump is an essential piece of machinery used in many different industries to move liquids, gases, and semi-solids. Through the conversion of mechanical energy from a motor into hydraulic energy, they improve efficiency, safety, and environmental integrity. These pumps force fluid flow by producing a pressure differential or vacuum. Each type of pump is appropriate for a certain task and set of operating criteria; these include submersible, centrifugal, and positive displacement pumps. The most popular kind of pump, known for its ease of use and efficiency in transferring fluids via a piping system, is the centrifugal pump. They transform fluid velocity into pressure energy by increasing it through an enclosed impeller using the centrifugal force theory. Positive displacement pumps are perfect for applications needing accurate volumetric flow rates since they provide a fixed volume of fluid with each mechanical cycle. They shove a certain volume of fluid into the discharge side after trapping it. Stricter wastewater treatment laws have increased demand for industrial pumps, requiring sophisticated pumping systems. Guidelines for wastewater discharge into surface waterways and municipal treatment facilities are established by effluent guidelines which resulting in the expansion of the market.

Report Coverage

This research report categorizes the market for the US industrial pump market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the US industrial pump market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the US industrial pump market.

Driving Factors

Integration of digitalization with industrial pumps drives the market growth:

The automation and digitization trends in the industrial pump market are growing rapidly. Predictive maintenance and remote access to system performance are made possible by digitalization, which entails online monitoring of pumps and associated systems. Automation technologies, including distributed control systems and programmable logic controllers, allow pumps to be started and stopped automatically without the need for online monitoring. This approach attempts to lower maintenance costs and increase operating efficiency. The increased demand for online pump systems and their integration with automation systems will be met by this trend, resulting in the growth of the industrial pump market.

Rising demand for energy-efficient pumps and technological advancements in the industrial pump:

The industrial pump market is experiencing rapid growth due to an increase in demand for energy-efficient pumps, rising energy conservation, and government initiatives. The oil, water, and power generation industries have a great need for these pumps. Energy-efficient technology is also being invested in due to rising energy costs. There is a favorable correlation between the number of energy-efficient pumps and the movement towards sustainability. Pumps are becoming more efficient, dependable, and long-lasting as a result of technological innovation and developments. Digital technology, artificial intelligence, and advanced materials are making it possible for smart pumps to adjust to shifting operating conditions. More creative solutions are anticipated to surface as technology develops.

Restraining Factors

The supply chain disruptions, regulatory and environmental compliance, high initial investment and maintenance costs, and variable raw material prices, manufacturing costs may impede the market growth.

Market Segmentation

The USA industrial pump market is classified into product type and application.

• The centrifugal pump segment held the largest market share of 65.32% in 2024 and is expected to grow at a significant CAGR during the forecast period.

The US industrial pump market is segmented by product type into positive displacement pump and centrifugal pump. Among these, the centrifugal pump segment held the largest market share of 65.32% in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental expansion is attributed to urbanization, infrastructure development, and the demand for effective water management solutions, technological developments like 3D-printed impellers and AI-based monitoring, and an increase in industrial activity and fluid handling requirements.

• The water & wastewater treatment segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The US industrial pump market is segmented by application into chemicals, power generation, water & wastewater treatment, construction, oil & gas, and others. Among these, the water & wastewater treatment segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is attributed to the wide usage of the industrial pumps in water & wastewater treatment owing to the efficient fluid transfer, improves the pressure of the water, and versatility.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the US industrial pump market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Sulzer Ltd.
• Iwaki America Inc.
• Gardner Denver
• Franklin Electric
• SPX Flow
• Xylem
• Flowserve Corporation
• Saniflo
• Others

Recent Developments:

• In January 2024, Grundfos introduced a new SP 6-inch hydraulic pump for groundwater pumping, featuring optimized hydraulics, improved energy efficiency, and a longer product lifetime. The pump features a high-efficiency permanent magnet motor, a durable stainless-steel rotor, and an extended temperature range.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the United States, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the US industrial pump market based on the below-mentioned segments:

US Industrial Pump Market, By Product Type

• Positive Displacement Pump
• Centrifugal Pump

US Industrial Pump Market, By Application

• Chemicals
• Power Generation
• Water & Wastewater Treatment
• Construction
• Oil & Gas
• Others