The Global Pumps Market: Driving Innovation and Sustainability in 2025
The pumps industry is experiencing a transformative period of growth and technological advancement. By 2029, the global pumps market is projected to expand from USD 61.32 billion in 2024 to an impressive USD 79.01 billion, representing a steady compound annual growth rate (CAGR) of 5.2%.
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Pumps Market Size to Grow $79.01 billion by 2029 Key Drivers And Analysis – Grundfos Holding A/S
According to a research report, Pumps Market is highly gaining growth. Estimated to be at USD 61.32 billion in the year 2024, it may reach USD 79.01 billion during 2029 with a robust CAGR of about 5.2% over the projected period. The significant factors driving the global pumps market are rapid industrialization, urbanization, and infrastructure development, especially in emerging markets like Asia-Pacific...
Automotive Pumps Market – Growth Opportunities | Regional Analysis
Automotive pumps perform different functions including raising, compressing, or transferring fluids by mechanical action and facilitating the circulation of fluids around a system for a vehicle’s operational performance. The rapidly evolving automotive industry has provided advanced solutions in fluid dynamics for automotive applications.
The global Automotive Pump Market is expected to register...
Global Submersible Pumps Market (2020-2025) – Growth, Trends, COVID-19 Impact, and Forecasts
Latest report “Submersible Pumps Market by Type (Electric, Hydraulic, Air-Driven), Application (Open Pit, Borewell), Operation (Single-stage, Multi-stage), Power Rating (<1, 1-5, 5-15, >15 HP), Sector (Industrial, Agricultural, Domestic), Region – Global Forecasts to 2025”
The submersible pumps market size will grow to USD 15.5 billion by 2025 (forecast year) from USD...
Leading Players in the Agricultural Pump Market Adopting the Strategies to Strengthen their Market Presence
The global agricultural pumps market size is estimated to be valued USD 4.2 billion in 2020. It is projected to reach a value of USD 6.1 billion by 2025, growing at a CAGR of 7.6% during the forecast period. Factors such as increasing land being brought under irrigation, government support in the adoption of modern agricultural equipment, and the advent of big data in agricultural farms are some of...