Metering Pumps Market Overview:
The Metering Pumps Market is estimated to be $3520 M in 2023 and is projected to reach $4688 M by 2030 growing at a CAGR of 4.83% over the forecast period 2023-2030. New product manufacturing innovations and technology upgradation are also expected to open up new opportunities for future market revenue growth. Agricultural activities pertinent to high-yield crops curates demand for metering pumps by aiding in activities such as dosing nutrient-rich water in jars or sample. Metering pumps allow benefits in generating mechanical power by dosing chemicals which reduces the chemical build-up, thereby, aiding in the overall.
Additionally,
Metering pumps are used for the purpose of chemical and dosing injection
application because of its efficient, precise and safe operations. The growing
application of metering pumps in different areas such as waste water treatments
is increasing the demand for metering pumps market. . Organizations are
investing in API security solutions to mitigate these risks and ensure the
security of their sensitive data. These factors positively influence the API
Security industry outlook during the forecast period.
Market Snapshot:
Metering Pumps Market - Report Coverage:
The “Metering Pumps Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Metering Pumps Market.
Attribute | Segment |
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By Product Type |
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By Category |
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By Flow Rate |
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By Application |
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By End-User |
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By Geography |
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COVID-19 / Ukraine Crisis - Impact Analysis:
● The COVID-19 pandemic has significantly impacted the Metering Pumps Market, causing both challenges and opportunities for the industry. The stringent lockdown measures implemented globally disrupted supply chains, leading to material shortages and delays in manufacturing processes. This, coupled with reduced industrial activities and project postponements, resulted in a temporary decline in demand for metering pumps across various end-user industries, including water treatment, chemical processing, and oil and gas.
● The ongoing crisis in Ukraine has introduced uncertainties and disruptions that are reverberating across various industries, including the Metering Pumps Market. The geopolitical tensions and sanctions imposed as a result of the crisis have created challenges in the global supply chain, leading to potential disruptions in the procurement of raw materials and components essential for metering pump manufacturing. Increased geopolitical risks may also affect market sentiment, leading to delayed investments and project implementations, particularly in regions directly impacted by the crisis
Key Takeaways:
● Fastest Growth of Asia-Pacific Region
Asia-Pacific is the major region dominating the Metering Pumps Market with revenue of $1343M in 2022 and is expected to grow at the CAGR of 4.61% during the forecast period. The main driver of the regional market growth is the high demand for metering pumps in various industries and the rising developments of various contract-manufacturing firms in the pharmaceutical arenas that have uplifted the usage dosing pumps in the region. Wastewater treatment projects in China will continue to proliferate the demand for metering pumps in the region.
● Automated Dispensing Segment to Register the Fastest Growth
The Metering Pumps Market is experiencing a notable surge in global demand, driven by the increasing adoption of smart metering pumps specifically designed for automated fluid dispensing applications in industries such as water and wastewater treatment. This growth trajectory is expected to persist throughout the forecast period. The integration of smart automated variable metering pumps with advanced industrial Ethernet and serial controls enables efficient and remote automatic adjustments, enhancing the overall operational efficiency. Despite these advancements, challenges arise in applications requiring multiple volumes, necessitating the installation of multiple metering pumps, each programmed with specific volumes.
● Metal Processing is the Fastest Growing Segment in the Market
Metering Pumps Market Share (%) By Region, 2022
Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Metering Pumps Market. The top 10 companies in this industry are listed below:
- ProMinent Group
- Watson-Marlow Fluid Technology
Solutions
- Iwaki Co Ltd
- Ingersoll Rand
- EMec S.R.L
- Blue White Industries
- Seko SPA
- SERA GmbH
- LEWA GmbH
- Pulsafeeder(IDEX)
Scope of Report:
Report Metric | Details |
---|---|
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
CAGR |
4.83% |
Market Size in 2030 |
$4688 Million |
Segments Covered |
Product Type, Category, Flow Rate, Application and End User |
Geographies Covered |
North
America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain,
Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India,
Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil,
Argentina, Chile, Colombia and Rest of South America), Rest of the World
(Middle East and Africa). |
Key Market Players |
|
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The Metering Pumps Market is projected to grow at 4.83% CAGR during the forecast period 2023-2030.
Global Metering Pumps Market size is estimated to be $3520 Million in 2023 and is projected to reach $4688 Million by 2030.
The leading players in the Metering Pumps Market are EMec S.R.L, Blue White Industries, Seko SPA and others.
The growing application of metering pumps in different areas such as waste water treatments, The production of metering pumps relies on a variety of raw materials are some of the major Metering Pumps Market trends in the industry which will create growth opportunities for the market during the forecast period.
Growing utilization across Non-Renewable Power Generation Applications, Rising demand for Metering Pumps from the Oil & Gas, and Chemical sector are the driving factors of the market.