North America Mechanical Pump Market Growth and Recent Trends by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

North America 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)

Report Date : Jan 2022
Report Code : TIPRE00026698

Category : Manufacturing and Construction
Status : Published

Available Report Formats :
No. of Pages : 121

Page Updated: Jan 2022

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The mechanical pump market in North America is expected to grow from US$ 13,844.48 million in 2021 to US$ 19,164.93 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.

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 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 world. 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 mechanical pump, which is further anticipated to drive the market in North America.

Considering technological developments and the uptake of new technologies, North America has established itself as one of the leading regions. This factor is mainly attributed to favorable government policies that boost innovation and strengthen infrastructure capabilities. Hence, any impact on the growth of the industrial sector hampers the region's economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak. The unexpected emergence of COVID-19 and its subsequent impact on manufacturing slowdown, often known as the COVID-19 economic slump, has significantly impacted pump OEMs' North American operations in 2020. The drop in sales of mechanical pumps in North America has been attributed to the world's lowest oil prices, deterioration of US-China trade relations, closure of rigs by small oil companies, and colossal employment layoffs in both the US and Canada. The role of pump OEMs is projected to alter as end-users focus on enhancing the existing plant productivity and reducing operational expenditure. Pump manufacturers must expand their portfolio to include service-related solutions to find new growth opportunities.

North America Mechanical Pump Market Revenue and Forecast to 2028 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Mechanical Pump Market Segmentation

North America Mechanical Pump Market – By Stage

Single Stage
Multi Stage

North America Mechanical Pump Market – By Type

Positive Displacement
Centrifugal Pumps

North America Mechanical Pump Market – By Application

Residential
Commercial
Industrial

North America Mechanical Pump Market– By Country

US
Canada
Mexico

North America Mechanical Pump Market-Companies Mentioned

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.

North America Mechanical Pump Report Scope

Report Attribute	Details
Market size in 2021	US$ 13,844.48 Million
Market Size by 2028	US$ 19,164.93 Million
Global CAGR (2021 - 2028)	4.8%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Stage Single Stage and Multi Stage By Type Positive Displacement and Centrifugal Pumps By Application Industrial Commercial Residential
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key 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

Research Manager

Nivedita Upadhyay

Manager,
Market Research & Consulting

Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

What are the North America Mechanical Pump Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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