Reports and Data's latest report on the Industrial Pumps market, titled Industrial Pumps market, provides a detailed assessment of this market. The global industrial pumps market size was USD 6 Billion in 2022 and is expected to reach USD 99.29 Billion in 2032, and register a rapid revenue CAGR of 5% during the forecast period. Increasing urbanization and industrialization and rising demand for...

Market Overview: The global market for industrial pumps had a valuation of USD 6 billion in 2022, and it is projected to reach USD 99.29 billion by 2032, exhibiting a robust compound annual growth rate (CAGR) of 5% during the forecast period. The market's growth is primarily driven by factors such as increasing urbanization, industrialization, and the growing demand for energy-efficient and...