Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), 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, Chemical, Water & Wastewater, General Industry, Power Generation) And Competitive Landscape
Product Code: ETC397168 | Publication Date: Aug 2022 | Updated Date: Mar 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | Europe Rotary Pumps Market |
Forecast period | 2024-2030 |
CAGR | 5.9% |
Growing Sector | Water & Wastewater |
Europe Rotary Pumps Market report thoroughly covers the market by countries, by product type, by capacity, and by end use application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The rotary pumps market in Europe has been witnessing steady growth over the past few years. The demand for rotary pumps is driven by factors such as increasing industrialization, rising investments in oil and gas exploration activities, and growing demand for energy-efficient pumping solutions.
According to 6Wresearch, the Europe Rotary Pumps Market size is projected to grow at a CAGR of 5.9% during the forecast period 2024-2030. One of the major drivers of growth in the European rotary pumps market is the increasing demand for energy-efficient pumping solutions. With stricter regulations and a growing focus on sustainability, industries are looking for options to reduce their energy consumption. Rotary pumps offer high efficiency and require less maintenance, making them a preferred choice over traditional pumps. The Europe rotary pumps industry is witnessing several trends that are shaping its growth. One of the major trends is the increasing use of smart pumping solutions. These pumps come equipped with advanced sensors and control systems, providing real-time monitoring and optimization of pump performance. This not only improves efficiency but also reduces maintenance costs. Another trend in the market is the growing popularity of electric drive rotary pumps over traditional belt-driven pumps. With increasing focus on energy efficiency and environmental sustainability, industries are opting for electric drive pumps that offer higher energy efficiency and reduced carbon footprint.
In response to the growing need for energy-efficient and sustainable industrial solutions, European governments have introduced a series of initiatives aimed at boosting the adoption of advanced rotary pumps. These include subsidies for industries investing in energy-saving equipment, as well as regulations encouraging or mandating the use of environmentally friendly technologies.
Notable companies such as Xylem Inc., Grundfos, KSB SE & Co. KGaA, and Flowserve Corporation have been at the forefront of innovations, offering a wide range of solutions tailored to meet the evolving needs of industries.
The Europe rotary pumps market growth is set to undergo significant transformations. The integration of digital technologies like Internet of Things (IoT), artificial intelligence (AI), and machine learning into pump systems is anticipated to revolutionize pump performance monitoring, predictive maintenance, and energy management. Additionally, the shift towards renewable energy sources and the increasing emphasis on carbon neutrality are likely to spur further innovations in this space.
According to Shivankar, Research Manager, 6Wresearch, Germany is securing a massive growth underpinned by the country's strong industrial base, coupled with significant investments in renewable energy sources and advanced manufacturing technologies. Germany's strategic focus on Industry 4.0 and commitment to energy efficiency have further propelled the demand for smart and sustainable pumping solutions.
Based on the end use application, the Water & Wastewater industry is experiencing Europe Rotary Pumps Market revenue, driven by the escalating demand for efficient water management solutions amid rising environmental concerns and the stringent regulatory standards governing water quality in Europe.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Rotary Pumps Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Rotary Pumps Market Revenues & Volume, 2020 & 2030F |
3.3 Europe Rotary Pumps Market - Industry Life Cycle |
3.4 Europe Rotary Pumps Market - Porter's Five Forces |
3.5 Europe Rotary Pumps Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Europe Rotary Pumps Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 Europe Rotary Pumps Market Revenues & Volume Share, By Capacity, 2020 & 2030F |
3.8 Europe Rotary Pumps Market Revenues & Volume Share, By End-use Application, 2020 & 2030F |
4 Europe Rotary Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Rotary Pumps Market Trends |
6 Europe Rotary Pumps Market, 2020 - 2030 |
6.1 Europe Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
6.2 Europe Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
6.3 Europe Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
7 Germany Rotary Pumps Market, 2020 - 2030 |
7.1 Germany Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
7.2 Germany Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
7.3 Germany Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
8 United Kingdom Rotary Pumps Market, 2020 - 2030 |
8.1 United Kingdom Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
8.2 United Kingdom Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
8.3 United Kingdom Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
9 France Rotary Pumps Market, 2020 - 2030 |
9.1 France Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
9.2 France Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
9.3 France Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
10 Italy Rotary Pumps Market, 2020 - 2030 |
10.1 Italy Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
10.2 Italy Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
10.3 Italy Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
11 Russia Rotary Pumps Market, 2020 - 2030 |
11.1 Russia Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
11.2 Russia Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
11.3 Russia Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
12 Spain Rotary Pumps Market, 2020 - 2030 |
12.1 Spain Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
12.2 Spain Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
12.3 Spain Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
13 Rest of Europe Rotary Pumps Market, 2020 - 2030 |
13.1 Rest of Europe Rotary Pumps Market, Revenues & Volume, By Product Type, 2020 - 2030 |
13.2 Rest of Europe Rotary Pumps Market, Revenues & Volume, By Capacity, 2020 - 2030 |
13.3 Rest of Europe Rotary Pumps Market, Revenues & Volume, By End-use Application, 2020 - 2030 |
14 Europe Rotary Pumps Market Key Performance Indicators |
15 Europe Rotary Pumps Market - Opportunity Assessment |
15.1 Europe Rotary Pumps Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Europe Rotary Pumps Market Opportunity Assessment, By Product Type, 2020 & 2030F |
15.3 Europe Rotary Pumps Market Opportunity Assessment, By Capacity, 2020 & 2030F |
15.4 Europe Rotary Pumps Market Opportunity Assessment, By End-use Application, 2020 & 2030F |
16 Europe Rotary Pumps Market - Competitive Landscape |
16.1 Europe Rotary Pumps Market Revenue Share, By Companies, 2023 |
16.2 Europe Rotary Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |