Top Companies in the Industrial Pumps Market

The global industrial pumps market size reached US$ 67.8 Billion in 2023. Industrial pumps refer to mechanical devices designed to transport fluids, including oil, sludge, slurry, chemicals, petroleum, and wastewater, from one place to another. They are usually operated manually or through electricity, wind power, and engines. They are widely used in heavy-duty applications and process operations that require high hydraulic pressure. As a result, industrial pumps are extensively utilized in water injection, hydrocarbon processing, pipeline systems, and refineries across numerous industry verticals. 

As per the analysis by IMARC Group, the top companies in the industrial pumps industry are offering industrial pumps in different shapes, sizes, and configurations based on liquid applications and materials used in their manufacturing. They are also adopting novel strategies and engaging in mergers and acquisitions (M&A) with small and medium-sized enterprises to expand their product portfolio and gain a competitive advantage. In addition, the leading players are integrating the Internet of Things (IoT) with the manufacturing process of industrial pumps to minimize human interference and boost efficiency. Besides this, due to the current complex refining process, they are also introducing specialized reciprocating pumps that can handle high temperatures, high pressures, and volatile fluids. Furthermore, extensive investments in research and development (R&D) activities, rapid industrialization, continual product innovations, and ongoing technological advancements are some of the other factors creating a favorable market outlook. Looking forward, IMARC Group expects the market to reach US$ 108.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032. 

Learn about opportunities, challenges, and trends in the global Industrial Pumps industry with IMARC’s market research report. Try a free sample today!

Top Companies Operating in the Global Industrial Pumps Market

1. Dover Corporation

Establishment:1955
Headquarters: Illinois, the United States
Website: https://www.dovercorporation.com/ 

Dover Corporation is a diversified manufacturer that offers advanced equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services across the globe. It mainly operates via five segments: engineered products, clean energy & fueling, imaging & identification, pumps & process solutions, and climate & sustainability technologies. Under the pumps and process solutions, the company provides performance-critical components and solutions for the safe handling of fluids across the chemical, bioproduction, hygienic, energy, and industrial sectors. It sells these products under several brand names, including Dover, PSG, MAAG Group, and CPC.

2. Ebara Corporation

Establishment:1920
Headquarters: Tokyo, Japan
Website: https://www.ebara.co.jp/en/index.html 

Ebara Corporation is a Japanese multinational manufacturing company that offers technologies and services related to water, air, and the environment. It primarily operates through six divisions, including the pump, blower & system, precision machinery, environmental plants, compressors and turbines, chillers, and new business. Its main products include pumps, industrial fans, chillers, blowers, compressors and turbines, dry vacuum pumps, CMP systems, plating equipment, and exhaust-gas treatment equipment. 

3. Flowserve Corporation

Establishment: 1997
Headquarters: Texas, the United States
Website: https://www.flowserve.com/en/ 

Flowserve Corporation is mainly engaged in the manufacture and service of fluid motion control solutions. It offers over 100 distinct pump models and a diverse range of valve and seal products. It has the world’s most comprehensive portfolio of fluid motion and control products, including pumps, seals, valves, actuation and instrumentation, energy recovery devices, and hydraulic decoking systems. At present, the company employs more than 15,000 associates in 300+ locations across the globe.

4. Grundfos Holding A/S

Establishment:1945
Headquarters: Bjerringbro, Denmark
Website: https://www.grundfos.com/ 

Grundfos Holding A/S is a leading supplier of a full range of pumps and pump solutions. The company has an extensive product portfolio comprising pumps, pump motors, agitators, lifting stations, digital dosing pumps, dosing systems, mechanical dosing pumps, pump systems, measurements & controls, sensors, pump controllers, water dispenser systems, accessories, and solutions. 

5. ITT Inc.

Establishment:1920
Headquarters: Connecticut, the United States
Website: https://www.itt.com/ 

ITT Inc. is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation, and industrial sectors. It mainly operates through three segments: Industrial Process, Motion Technologies, and Connect and Control Technologies. Under the Industrial Process segment, ITT manufactures industrial pumps, valves, monitoring, and control systems and offers aftermarket services for the chemical, oil and gas, mining, pulp and paper, power, and biopharmaceutical markets. Currently, the company has operations in more than 35 countries and sales in approximately 125 countries.

6. Iwaki Co. Ltd.

Establishment: 1956
Headquarters: Tokyo, Japan
Website: https://www.iwakipumps.jp/en/ 

Iwaki Co. Ltd. is a leading global manufacturer that develops and supplies chemical pumps and flow control devices. The company provides a diverse lineup of pump and controller products, including magnetic drive pumps, metering pumps, rotary displacement pumps, air pumps, reciprocating diaphragm liquid pumps, water quality control devices, and others.

7. KSB SE & Co. KGaA

Establishment:1871
Headquarters: Frankenthal (Pfalz), Germany
Website: https://www.ksb.com/en-global 

KSB SE & Co. KGaA is one of the leading suppliers of pumps, valves, and related systems in the world. It primarily operates via three segments: pumps, valves, and service, and serves the petrochemicals and chemicals, water, building services, mining, general industry, and energy markets. Presently, the company employs over 15,000 people in development, production, sales, and service in more than 100 countries across the globe.

8. Schlumberger Limited

Establishment: 1926
Headquarters: Texas, the United States
Website: https://www.slb.com/ 

Schlumberger Limited is a global technology company that offers a wide range of products and services to revolutionize energy and decarbonize. It is focused on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems to speed up the energy transition. The company owns over 65 research and development (R&D) centers and operates in more than 90 countries worldwide. 

9. SPX Flow Inc.

Establishment: 2015
Headquarters: North Carolina, the United States
Website: https://www.spxflow.com/ 

SPX Flow Inc. is a leading global industrial equipment manufacturer that delivers high-value technology, service, and support to leading nutrition, health, and industrial businesses worldwide. It has a broad portfolio of industrial process solutions consisting of compressed air dryers, mixers, pumps, valves, systems, hydraulic technologies, and heat exchangers. Currently, the company offers more than 140,000 products, has operations in over 25 countries, and employs 4,500+ people globally. 

10. Sulzer Ltd.

Establishment: 1834
Headquarters: Winterthur, Switzerland
Website: https://www.sulzer.com/en/ 

Sulzer Ltd. is a global leader in fluid engineering specializing in pumping, agitation, mixing, separation, and purification technologies for fluids of all types. The company operates via three dedicated and highly specialized divisions: Flow Equipment, Services, and Chemtech. The flow equipment division specializes in pumping solutions specifically engineered for water, oil and gas, power, chemicals, and most industrial markets. It offers pumps, agitators, compressors, grinders, screens, dynamic mixers, submersible mixers, and filters. 

11. The Weir Group PLC

Establishment: 1871
Headquarters: Glasgow, Scotland
Website: https://www.global.weir/ 

The Weir Group PLC is a global leader in engineered solutions for minerals, oil and gas, and mining technology markets. It mainly manufactures and supplies engineering products and solutions for mining and minerals processing, oil and gas production, power generation, water supply, and other industrial uses. It also offers a broad range of pumps, valves, compressors, and turbines. Currently, the company employs 11,000 people in more than 60 countries globally.

12. Vaughan Co. Inc.

Establishment: 1960
Headquarters: Washington, the United States
Website: https://thevaughanco.com/

Vaughan Co. Inc. is a leading pumping and mixing equipment manufacturer that offers products for both domestic and international businesses and municipalities. It produces high-quality pumps and mixers for tough applications within the municipal, industrial, and agricultural sectors. It has a broad product portfolio comprising chopper pumps, rotamix systems, triton screw pumps, conditioning pumps, portable bypass trailers, chopper storm, and specialty products. 

13. Xylem Inc.

Establishment: 2011
Headquarters: Washington, D.C., the United States
Website: https://www.xylem.com 

Xylem Inc. is a global leader in developing innovative water solutions through smart technology. It is focused on providing efficient, novel, and sustainable water technologies to improve the way water is used, managed, conserved, and re-used. Its diversified product portfolio consists of pumps & packaged pump systems, heat exchangers, heating, ventilation & air conditioning (HVAC) / plumbing, hydro turbines, metrology equipment for utilities, mixing & mixing equipment, pipeline assessment services, communications & data transfer devices, decision intelligence solutions, and water & wastewater treatment systems and solutions.

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