Global Booster Pump Market to Reach USD 3,402.04 Million by 2030 | CAGR of 4.3%

Category : Machinery and Equipment | Published Date : Nov 2024 | Type : Press Release

Booster Pump Market Scope & Overview:

As per the Consegic Business Intelligence newly published report, the Global Booster Pump Market size was valued at USD 2,443.59 million in 2022 and is projected to register a CAGR of 4.3%, reaching USD 3,402.04 million by 2030. Booster pumps are essential for increasing water pressure in various applications, ensuring a steady water supply across residential, industrial, and municipal sectors.

The report comprises the Booster Pump Market Share, Size & Industry Analysis, By Type (Single Stage and Multi Stage), By Power Source (Electric, Diesel, Gasoline, and Others), By End User (Residential, Commercial, Industrial, Municipal, Agriculture, and Others), By Distribution Channel (Online Channel and Offline Channel), By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa), and Forecast, 2023-2030.

The report contains detailed information on Booster Pump Market Trends, Opportunities, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.

The increasing emphasis on water conservation and wastewater management, along with the rising demand for booster pumps in household applications, are key drivers of market growth. Expanding urbanization and industrialization present lucrative opportunities for market expansion.

Segmental Analysis :

Based on Type, the market is segmented into single-stage and multi-stage.

  • The multi-stage pump segment held the largest market share in 2022, driven by its ability to provide high-pressure fluid transport. Multi-stage pumps are essential in industries requiring high efficiency and reliability, including boiler feeds, reverse osmosis plants, and firefighting systems.
  • This segment is also expected to grow at the fastest rate due to its robust applications in industrial sectors, where consistent and high pressure is needed for smooth operations.

Based on Power Sources, the market is categorized into electric, diesel, gasoline, and others.

  • The electric segment accounted for the highest market share at 41.75% in 2022. Electric booster pumps are favored in sectors like mining and construction, where dewatering is critical and environmental regulations increasingly favor electric solutions.
  • Electric pumps are also expected to see rapid growth due to their low maintenance requirements and environmentally friendly operation, supporting their adoption over diesel-powered options in compliance-focused industries.

Based on End User, the market is divided into residential, commercial, industrial, municipal, agriculture, and others.

  • The industrial segment dominated the market in 2022, with applications spanning wastewater treatment, food processing, and reverse osmosis plants. These pumps ensure optimal fluid pressure in processes critical to the operation of industries like chemicals, pharmaceuticals, and oil & gas.
  • The commercial segment is projected to grow fastest, driven by increasing adoption in commercial buildings, fountains, and aquariums where consistent water pressure is necessary for smooth operation.

Based on the Distribution Channel, the market is segmented into online and offline channels.

  • The offline channel led the market in 2022, as customers often seek personalized guidance from sales experts for complex pump requirements. Face-to-face interactions in offline channels help establish trust, particularly in industrial sectors where purchasing decisions are substantial.
  • The offline channel is expected to retain strong growth due to the importance of direct engagement in ensuring the selection of suitable and high-quality booster pumps.

Based on regions, the global market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

  • North America held the largest market share at 36.50% in 2022, primarily due to robust end-user industries like food, agriculture, and municipal services in the U.S. The region's focus on enhancing water management infrastructure supports sustained market growth
  • Asia Pacific is anticipated to grow at a CAGR of 5.0%, fueled by rapid urbanization and industrialization across developing countries. Increasing commercial and agricultural projects are expected to boost demand for booster pumps in the region.
Report Attributes Report Details
Study Timeline 2017-2030
Market Size in 2030 USD 3,402.04 Million
CAGR (2023-2030) 4.3%
By Type Single Stage and Multi-Stage
By Power Source Electric, Diesel, Gasoline, and Others
By End-User Residential, Commercial, Industrial, Municipal, Agriculture, and Others
By Distribution Channel Online Channel and Offline Channel
By Region North America(U.S., Canada, Mexico)
Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe)
APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific)
Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA)
LATAM(Brazil, Argentina, Chile, Rest of LATAM)

Top Key Players & Competitive Landscape :

The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.

List of prominent players in the Booster Pump Industry:

  • Alfred Karcher SE & Co. KG
  • Aquatec International, Inc.
  • Dab Pumps S.p.A.
  • Eddy Pump Corporation
  • Franklin Electric Co., Inc.
  • Grudfos.
  • karcher International
  • Pentair
  • Smith & Loveless Inc.
  • Witte Pumps & Technology GmbH
  • Zodiac Pool Solutions

Recent Industry Developments :

  • February 2023: Ebara Corporation introduced a liquid hydrogen booster pump for hydrogen power generation, facilitating hydrogen supply for power systems.
  • April 2022: Winston Engineering Corporation launched the Esybox Max booster pump system, designed to enhance energy efficiency and reduce energy consumption.
  • August 2021: Grundfos India unveiled its SCALA1 booster pump, a low-noise, high-efficiency pump designed for residential applications.