Europe Mechanical Pump Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Stage (Single Stage and Multi Stage), Type (Positive Displacement and Centrifugal Pumps), and Application (Industrial, Commercial, and Residential)
Market Introduction
The mechanical pump market in Europe is further segmented into Germany, France, the UK, Italy, and Rest of Europe. The market growth in this region is attributed to the rapidly flourishing building and construction, and food and beverages industries. Pumps are deployed to transport gases, liquids, and slurries, among other substances. Pumps are powered by a variety of energy sources, including electricity, manual work, diesel engines, and wind power. They are used in the automotive industry in fuel injection and water-cooling applications, and in the energy industry in natural gas or oil pumping and cooling tower operations, among others. Mechanical pumps are used in a variety of applications, including dewatering and sewage, pond filtering and aeration, and well water extraction. Germany is set to dominate the mechanical pump market in Europe owing to the presence of multiple semiconductors and fine chemical manufacturers in the country. Atlas Copco, Grundfos, and Sulzer are among the high-quality pump manufacturers in Europe. However, European-made goods are typically more expensive than those on the worldwide market; hence, end users in this region also import pumps from rival manufacturers in the US, Japan, and China at lower prices. Modern farming technologies such as hydroponics and vertical farming are gaining traction in Europe, presenting considerable prospects for mechanical pump manufacturers. A strong commitment of European countries to public safety and environmental protection encourages wastewater management efforts in the region. For example, in Northern Europe, more than 80% of the population has been connected to wastewater treatment plants since 1995, and more than 70% of city wastewater receives tertiary treatment. Since 1995, the connection rate to wastewater treatment has climbed to 97%, while 75% of wastewater in central Europe receives tertiary treatment. The COVID-19 pandemic has adversely affected the construction, oil and gas, mining, and other businesses in the region. Production disruption, raw material shortage, and financial crisis amid these adversities hampered the mechanical pump market performance in the region in FY 2020.
The COVID-19 outbreak has severely affected Germany, Spain, Italy, the UK, and France in Europe. Businesses have suffered substantially from financial crises as they had to either suspend their operations or reduce their activities considerably to abide by the social distancing norms and lockdown impositions. Europe is one of the main regions, observing a significant rise in infrastructure and construction activities. The demand for water and waste management has risen significantly over the years. Due to the presence of giant manufacturers known for the high adoption of mechanical pumps, the mechanical pump market in Europe is expected to gain back its growth pace during the forecast period. However, disrupted supply chains in several European countries and a fall in demand have been limiting the manufacturing sector's performance, including the pump manufacturing businesses. Business shutdowns and travel bans have been restricting the growth of various sectors in Europe, which led to an economic slump in many European countries in 2020; the effect of this slowdown is likely to persist in 2021 as well. Get more information on this report :
Market Overview and Dynamics
The mechanical pump market in Europe is expected to grow from US$ 11,758.91 million in 2021 to US$ 16,712.82 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028. The surge in mining activities; minerals extracted from mines are widely used across industries such as chemicals and petrochemicals, power generation, healthcare and pharmaceuticals, manufacturing, and construction. Currently, iron ore, coal, gold, aluminum, and copper are the most mined minerals. Moreover, the cumulative revenue of Top 40 mining companies increased steadily during 2016–2019. However, in 2020, a fall in revenue was witnessed owing to the COVID-19 containment measures imposed across the region. In mining industries, an enormous volume of water is required in the transportation of ore and waste in slurries, mineral separation using chemical processes, suppression of dust during mineral processing, cooling systems around power generators, and dewatering of mines, among others, and mechanical pump play a vital role in these applications. Moreover, the demand for minerals is rising sustainably with the growing rate of urbanization and industrialization, as well as increasing demand for energy, which is propelling the adoption of a mechanical pump.
Key Market Segments
Based on stage, the mechanical pump market is segmented into single-stage and multistage. In 2020, the single-stage segment held the largest share Europe mechanical pump market. Based on type, the mechanical pump market is categorized into positive displacement and centrifugal pumps. In 2020, the centrifugal pumps segment held the largest share Europe mechanical pump market. Based on application, the mechanical pump market is segmented into residential, commercial, and industrial. In 2020, the industrial segment held the largest share Europe mechanical pump market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the mechanical pump market in Europe are company websites, annual reports, financial reports, national government documents, and statistical databases, among others. Major companies listed in the report are EBARA CORPORATION; Grundfos Holding A/S; KIRLOSKAR BROTHERS LIMITED; KSB SE & Co. KGaA; PLEUGER INDUSTRIES; Sulzer Ltd; The Weir Group PLC; Tsurumi Manufacturing Co., Ltd.; WILO SE; and Xylem Inc.; among others.
Reasons to buy report
- To understand the Europe mechanical pump market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe mechanical pump market
- Efficiently plan M&A and partnership deals in Europe mechanical pump market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from a perceptive and comprehensive analysis of the market performance of various segments from Europe mechanical pump market
- Obtain market revenue forecast for market by various segments from 2021-2028 in the Europe region.
EUROPE MECHANICAL PUMP MARKET SEGMENTATION
By Stage
- Single Stage
- Multi Stage
By Type
- Positive Displacement
- Centrifugal Pumps
By Application
- Residential
- Commercial
- Industrial
By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Company Profiles
- EBARA CORPORATION
- Grundfos Holding A/S
- KIRLOSKAR BROTHERS LIMITED
- KSB SE & Co. KGaA
- PLEUGER INDUSTRIES
- Sulzer Ltd
- The Weir Group PLC
- Tsurumi Manufacturing Co., Ltd.
- WILO SE
- Xylem Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Mechanical Pump Market – By Stage
1.3.2 Europe Mechanical Pump Market – By Type
1.3.3 Europe Mechanical Pump Market – By Application
1.3.4 Europe Mechanical Pump Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Mechanical Pump Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Mechanical Pump Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Mining Activities
5.1.2 Rise in Energy Demands
5.2 Market Restraints
5.2.1 Cavitation in Pumps
5.3 Market Opportunities
5.3.1 Increase in Construction Sector
5.4 Future Trends
5.4.1 Adoption of Modern Farming Practices
5.5 Impact Analysis of Drivers and Restraints
6. Mechanical Pump Market – Europe Analysis
6.1 Mechanical Pump Market Europe Overview
6.2 Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Mechanical Pump Market Analysis – By Stage
7.1 Overview
7.2 Europe Mechanical Pump Market, By Stage (2020 and 2028)
7.3 Single Stage
7.3.1 Overview
7.3.2 Single Stage: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Multi Stage
7.4.1 Overview
7.4.2 Multi Stage: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Mechanical Pump Market Analysis – By Type
8.1 Overview
8.2 Europe Mechanical Pump Market, By Type (2020 and 2028)
8.3 Positive Displacement
8.3.1 Overview
8.3.2 Positive Displacement: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Centrifugal Pumps
8.4.1 Overview
8.4.2 Centrifugal Pumps: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Mechanical Pump Market Analysis – By Application
9.1 Overview
9.2 Europe Mechanical Pump Market Breakdown, by Application, 2020 & 2028
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial: Europe Mechanical Pump Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: Europe Mechanical Pump Market Revenue and Forecast to 2028 (US$ Million)
9.5 Residential
9.5.1 Overview
9.5.2 Residential: Europe Mechanical Pump Market Revenue and Forecast to 2028 (US$ Million)
10. Europe Mechanical Pump Market – Country Analysis
10.1 Europe: Mechanical Pump Market
10.1.1 Europe: Mechanical Pump Market, by Key Country
10.1.1.1 France: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 France: Mechanical Pump Market, by Stage
10.1.1.1.2 France: Mechanical Pump Market, by Type
10.1.1.1.3 France: Mechanical Pump Market, by Application
10.1.1.2 Germany: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Germany: Mechanical Pump Market, by Stage
10.1.1.2.2 Germany: Mechanical Pump Market, by Type
10.1.1.2.3 Germany: Mechanical Pump Market, by Application
10.1.1.3 Italy: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Mechanical Pump Market, by Stage
10.1.1.3.2 Italy: Mechanical Pump Market, by Type
10.1.1.3.3 Italy: Mechanical Pump Market, by Application
10.1.1.4 UK: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Mechanical Pump Market, by Stage
10.1.1.4.2 UK: Mechanical Pump Market, by Type
10.1.1.4.3 UK: Mechanical Pump Market, by Application
10.1.1.5 Russia: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Mechanical Pump Market, by Stage
10.1.1.5.2 Russia: Mechanical Pump Market, by Type
10.1.1.5.3 Russia: Mechanical Pump Market, by Application
10.1.1.6 Rest of Europe: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Mechanical Pump Market, by Stage
10.1.1.6.2 Rest of Europe: Mechanical Pump Market, by Type
10.1.1.6.3 Rest of Europe: Mechanical Pump Market, by Application
11. Impact of COVID-19 Pandemic on Europe Mechanical Pump Market
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 EBARA CORPORATION
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Grundfos Holding A/S
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 KIRLOSKAR BROTHERS LIMITED
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 KSB
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 PLEUGER INDUSTRIES
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sulzer Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 The Weir Group PLC
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tsurumi Manufacturing Co., Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 WILO SE
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Xylem Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Mechanical Pump Market, by Country – Revenue and Forecast to 2028 (USD Million)
Table 3. France: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Germany: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Mechanical Pump Market Segmentation
Figure 2. Europe Mechanical Pump Market Segmentation – By Country
Figure 3. Europe Mechanical Pump Market Overview
Figure 4. Single Stage Segment Held the Largest Market Share Based on Stage
Figure 5. Centrifugal Pumps Segment Held the Largest Market Share Based on Type
Figure 6. Industrial Segment Held the Largest Market Share Based on Application
Figure 7. Rest of Europe to Show Great Traction During Forecast Period
Figure 8. Europe – Pest Analysis
Figure 9. Expert Opinion
Figure 10. Europe Mechanical Pump Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Mechanical Pump Market Revenue Share, by Stage (2020 and 2028)
Figure 13. Single Stage: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Multi Stage: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Mechanical Pump Market Revenue Share, by Type (2020 and 2028)
Figure 16. Positive Displacement: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Centrifugal Pumps: Europe Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Mechanical Pump Market Breakdown, by Application (2020 and 2028)
Figure 19. Industrial: Europe Mechanical Pump Market Revenue and Forecast to 2028(US$ Million)
Figure 20. Commercial: Europe Mechanical Pump Market Revenue and Forecast to 2028(US$ Million)
Figure 21. Residential: Europe Mechanical Pump Market Revenue and Forecast to 2028(US$ Million)
Figure 22. Europe: Mechanical Pump Market – Revenue by Country to 2028 (US$ Million)
Figure 23. Europe: Mechanical Pump Market Revenue Share, by Key Country (2020 and 2028)
Figure 24. France: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Germany: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Italy: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. UK: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Russia: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of Europe: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic in Europe Country Markets
- EBARA CORPORATION
- Grundfos Holding A/S
- KIRLOSKAR BROTHERS LIMITED
- KSB SE & Co. KGaA
- PLEUGER INDUSTRIES
- Sulzer Ltd
- The Weir Group PLC
- Tsurumi Manufacturing Co., Ltd.
- WILO SE
- Xylem Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Mechanical Pump Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe Mechanical Pump Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Mechanical Pump Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution