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Multistage Pump Market

ID: MRFR/EnP/37458-HCR
128 Pages
Garvit Vyas
October 2025

Multistage Pump Market Research Report By Application (Water Supply, Oil Gas, Wastewater Treatment, Chemical Processing), By End Use (Residential, Commercial, Industrial), By Pump Type (Vertical Multistage Pumps, Horizontal Multistage Pumps, Submersible Multistage Pumps), By Material (Stainless Steel, Cast Iron, Plastic, Bronze) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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Multistage Pump Market Summary

As per Market Research Future analysis, the Multistage Pump Market Size was estimated at 10.12 USD Billion in 2024. The Multistage Pump industry is projected to grow from 10.41 USD Billion in 2025 to 13.93 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 2.95% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The Multistage Pump Market is poised for growth driven by technological advancements and increasing demand across various sectors.

  • Technological advancements are enhancing the efficiency and performance of multistage pumps, particularly in North America.
  • The focus on sustainability is driving innovations in pump design and materials, especially in the Asia-Pacific region.
  • The water supply segment remains the largest market, while the irrigation segment is experiencing rapid growth due to increased agricultural demands.
  • Rising demand in water supply systems and industrial growth are key drivers propelling the multistage pump market forward.

Market Size & Forecast

2024 Market Size 10.12 (USD Billion)
2035 Market Size 13.93 (USD Billion)
CAGR (2025 - 2035) 2.95%

Major Players

Grundfos (DK), KSB (DE), Flowserve (US), Sulzer (CH), Ebara (JP), Xylem (US), Pentair (US), Wilo (DE), Centrifugal Pumps (IN)

Multistage Pump Market Trends

The Multistage Pump Market is currently experiencing a dynamic evolution, driven by various factors that influence its growth trajectory. The increasing demand for efficient water management systems across multiple sectors, including agriculture, construction, and industrial applications, appears to be a primary catalyst. Furthermore, advancements in technology, particularly in pump design and materials, suggest a shift towards more energy-efficient and durable solutions. This trend is likely to enhance operational efficiency and reduce maintenance costs, making multistage pumps more appealing to end-users. Additionally, the growing emphasis on sustainability and environmental considerations may lead to a rise in the adoption of eco-friendly pumping solutions, which could reshape market dynamics in the coming years. Moreover, the competitive landscape of the Multistage Pump Market is characterized by a diverse range of players, each striving to innovate and capture market share. Collaborations and partnerships among manufacturers and technology providers seem to be on the rise, as companies seek to leverage complementary strengths and enhance their product offerings. This collaborative approach may foster the development of advanced multistage pump systems that cater to specific industry needs. As the market continues to evolve, it is essential for stakeholders to remain vigilant and responsive to emerging trends and consumer preferences, ensuring they are well-positioned to capitalize on future opportunities.

Technological Advancements

Recent innovations in pump technology are transforming the Multistage Pump Market. Enhanced designs and materials are leading to improved efficiency and reliability, which may attract more users seeking cost-effective solutions.

Sustainability Focus

There is a growing trend towards environmentally friendly pumping solutions within the Multistage Pump Market. This shift is driven by increasing regulatory pressures and consumer demand for sustainable practices, prompting manufacturers to develop greener products.

Market Consolidation

The Multistage Pump Market is witnessing a trend of consolidation, as companies merge or form strategic alliances. This trend may enhance competitive advantages and foster innovation, allowing firms to better meet the evolving needs of their customers.

Multistage Pump Market Drivers

Market Growth Projections

The Global Multistage Pump Market Industry is projected to experience steady growth over the coming years. With a market size anticipated to reach 10.1 USD Billion in 2024 and 13.9 USD Billion by 2035, the industry is poised for a compound annual growth rate of 2.95% from 2025 to 2035. This growth trajectory reflects the increasing demand for efficient pumping solutions across various sectors, driven by urbanization, industrial expansion, and technological advancements. As the market evolves, stakeholders are likely to focus on innovation and sustainability to meet the changing needs of consumers and industries alike.

Growing Energy Efficiency Regulations

The Global Multistage Pump Market Industry is also driven by the increasing emphasis on energy efficiency regulations. Governments worldwide are implementing stringent standards to reduce energy consumption and greenhouse gas emissions. Multistage pumps, known for their energy-efficient designs, are becoming essential in meeting these regulatory requirements. Industries are adopting these pumps not only to comply with regulations but also to achieve cost savings through reduced energy usage. As awareness of environmental sustainability grows, the market for energy-efficient multistage pumps is likely to expand, reflecting a broader commitment to sustainable industrial practices.

Technological Advancements in Pump Design

Technological advancements play a crucial role in shaping the Global Multistage Pump Market Industry. Innovations in pump design, materials, and energy efficiency are enhancing performance and reliability. For example, the integration of smart technologies allows for real-time monitoring and predictive maintenance, reducing downtime and operational costs. As industries seek to optimize processes, the demand for advanced multistage pumps is expected to grow. This trend is likely to be supported by a compound annual growth rate of 2.95% from 2025 to 2035, as companies increasingly prioritize efficiency and sustainability in their operations.

Rising Demand in Water Supply and Treatment

The Global Multistage Pump Market Industry experiences a notable surge in demand driven by the increasing need for efficient water supply and treatment systems. Urbanization and population growth necessitate advanced pumping solutions to ensure adequate water distribution. For instance, in 2024, the market is projected to reach 10.1 USD Billion, reflecting the urgency for reliable water management systems. Countries are investing in infrastructure to enhance water quality and availability, which further propels the adoption of multistage pumps. This trend is expected to continue as municipalities and industries prioritize sustainable water practices, thereby reinforcing the market's growth trajectory.

Expanding Applications in Diverse Industries

The Global Multistage Pump Market Industry is characterized by its expanding applications across diverse industries. From agriculture to HVAC systems, the versatility of multistage pumps enables their use in various fluid transfer and management tasks. This broad applicability is driving market growth as different sectors recognize the benefits of these pumps. For instance, in agriculture, multistage pumps are utilized for irrigation and water management, enhancing crop yields. As industries continue to explore innovative applications, the demand for multistage pumps is expected to rise, further solidifying their role in modern fluid management solutions.

Industrial Growth and Infrastructure Development

The Global Multistage Pump Market Industry is significantly influenced by the ongoing industrial growth and infrastructure development across various sectors. Industries such as oil and gas, chemical processing, and power generation require robust pumping solutions to facilitate operations. The anticipated growth in these sectors is expected to contribute to the market's expansion, with projections indicating a market size of 13.9 USD Billion by 2035. As nations invest in infrastructure projects, the demand for multistage pumps is likely to rise, driven by the need for efficient fluid transfer and management in complex industrial applications.

Market Segment Insights

By Application: Water Supply (Largest) vs. Irrigation (Fastest-Growing)

The Multistage Pump Market displays a diverse application landscape with significant contributions from Water Supply, Irrigation, Fire Fighting, Industrial Processes, and Mining. Water Supply holds the largest share, driven by the increasing demand for clean water and reliable distribution systems. Following closely is Irrigation, which is fortified by sustained agricultural advancements and the need for efficient resource management across various regions. In recent years, the application of multistage pumps has been expanding, particularly in the Irrigation segment, reflecting a robust growth trajectory as farming practices evolve towards sustainability and precision. Factors such as government incentives, technological innovations, and a rising emphasis on food security are propelling growth in both Irrigation and Water Supply applications, showcasing a promising outlook for market stakeholders in the Multistage Pump industry.

Water Supply (Dominant) vs. Mining (Emerging)

Water Supply represents the dominant segment in the Multistage Pump Market due to its critical role in establishing a comprehensive infrastructure for both urban and rural water distribution systems. This segment is characterized by high demand stemming from municipal, industrial, and residential needs for reliable water supply. In contrast, the Mining segment is emerging, driven by increasing extraction activities and a rising focus on efficient resource management in challenging environments. Mining applications often necessitate robust and versatile pumping solutions capable of handling abrasive fluids and demanding conditions, presenting unique challenges and opportunities for innovation in pump design and functionality.

By End Use: Agriculture (Largest) vs. Water Treatment (Fastest-Growing)

In the Multistage Pump Market, the end use segment reveals significant insights into market dynamics. Agriculture holds the largest share, primarily driven by the increasing demand for efficient irrigation systems and the growing cultivation of cash crops. The reliance on multistage pumps for ensuring optimal water supply in agricultural activities highlights its pivotal role in the sector. In contrast, the water treatment segment is emerging rapidly due to heightened environmental concerns and the enforcement of stricter regulations. The need for advanced treatment processes is steering investments in multistage pumping technologies that enhance wastewater management and purification capabilities. The trends within this segment indicate a robust growth trajectory for water treatment solutions, with an increasing emphasis on sustainability and eco-friendliness. Furthermore, the construction and oil and gas sectors are expanding their adoption of multistage pumps, driven by a surge in infrastructure projects and energy production. These drivers reflect a broader market adjustment toward efficient, durable, and high-capacity pumping solutions across various end-use applications.

Agriculture (Dominant) vs. Oil and Gas (Emerging)

The agricultural sector demonstrates dominance in the Multistage Pump Market, owing to its expansive use in irrigation and water management practices essential for crop production. Farmers and agricultural enterprises leverage multistage pumps for their capability to provide consistent pressure and flow rates necessary for efficient water supply in various terrains. Conversely, the oil and gas industry represents an emerging segment, increasingly adopting multistage pumps for enhanced extraction processes and fluid transfer applications. As exploration efforts intensify and the demand for oil and gas continues to fluctuate, this sector's pivot towards advanced pumping technology showcases a shift towards reliability and operational efficiency, positioning it as a crucial player in the Multistage Pump Market.

By Pump Type: Vertical Multistage Pump (Largest) vs. Horizontal Multistage Pump (Fastest-Growing)

In the Multistage Pump Market, the Vertical Multistage Pump holds a significant market share due to its efficiency and versatility in various applications. This segment is preferred for high-pressure applications, particularly in water treatment and industrial processes, leading to its dominant position. Conversely, the Horizontal Multistage Pump is rapidly gaining traction, especially in sectors requiring compact designs and easy maintenance, marking it as the fastest-growing segment in the market.

Pump Type: Vertical Multistage Pump (Dominant) vs. Horizontal Multistage Pump (Emerging)

Vertical Multistage Pumps are designed for high efficiency and flexibility, making them suitable for applications such as high-rise building water supply and irrigation systems. Their upright design allows for less floor space usage and enables them to handle higher flow rates. In contrast, the Horizontal Multistage Pump is becoming increasingly popular due to its ease of installation and adaptability. It is favored in various applications, including agricultural irrigation and booster pumping systems, demonstrating a notable uptick in demand. As industries prioritize energy efficiency and compact solutions, the horizontal variant continues to emerge as a strong competitor.

By Material: Stainless Steel (Largest) vs. Cast Iron (Fastest-Growing)

The Multistage Pump Market's material segment is prominently led by stainless steel, which accounts for the largest share. This dominance can be attributed to stainless steel's superior corrosion resistance, strength, and longevity in various applications. Following closely, cast iron exhibits a significant presence, making strides in market share due to its cost-effectiveness and durability in heavy-duty applications, making it a preferred choice in industrial settings. In terms of growth trends, cast iron is currently recognized as the fastest-growing material. This surge is primarily driven by its increasing adoption in emerging markets, where robust infrastructure development is necessitating more cost-effective and durable options. Additionally, innovations in casting techniques are enhancing the performance characteristics of cast iron, making it more appealing to manufacturers.

Stainless Steel (Dominant) vs. Bronze (Emerging)

Stainless steel remains the dominant material in the Multistage Pump Market owing to its exceptional mechanical properties and resistance to harsh environments, making it ideal for various industrial applications. Its ability to handle corrosive fluids and its overall longevity contribute to its market leadership. On the other hand, bronze, while less prevalent than stainless steel, is emerging due to its excellent corrosion resistance and antifriction properties. It is particularly favored in applications where the pump must handle abrasive materials or where a lightweight material is desirable. The increasing adoption of bronze in specialized applications such as marine and chemical processing is poised to enhance its market position.

By Power Source: Electric (Largest) vs. Diesel (Fastest-Growing)

The power source segment in the Multistage Pump Market is primarily dominated by Electric pumps, which are widely favored for their efficiency and lower operational costs. As industries increasingly prioritize sustainability, the demand for electric models has seen a significant rise, holding the largest market share compared to other sources. Diesel pumps serve as a strong alternative, particularly in remote locations where electricity is not readily accessible, providing a robust secondary option in the market.

Power Source: Electric (Dominant) vs. Diesel (Emerging)

Electric multistage pumps are recognized for their energy efficiency and minimal environmental impact, making them the dominant force in the market. They are particularly popular in industrial applications where steady and reliable power sources are required. Diesel multistage pumps, on the other hand, are emerging prominently due to their capability to operate in areas without electrical infrastructure. They are often chosen for heavy-duty applications, where mobility and fuel availability enhance their appeal, especially in construction and mining sectors.

Get more detailed insights about Multistage Pump Market

Regional Insights

The Multistage Pump Market is experiencing notable growth across various regions, with an overall market valuation of 9.55 USD Billion in 2023. The APAC region holds a majority share, valued at 3.2 USD Billion, reflecting its significant role in industrial and infrastructure development. North America follows closely with a valuation of 2.4 USD Billion, largely driven by advancements in technology and robust energy demands. Europe accounts for 2.1 USD Billion and shows steady market growth as it seeks alternatives in energy efficiency.

South America, though smaller with a valuation of 0.6 USD Billion, is gradually expanding due to increasing urbanization and industrial activities.The MEA region is valued at 1.2 USD Billion, supported by growing water management projects and oil gas applications. These regional dynamics illustrate the Multistage Pump Market segmentation and highlight the various factors contributing to market growth, including urban expansion, technological advancements, and the need for efficient energy solutions, creating diverse opportunities within the industry.

Key Players and Competitive Insights

The Multistage Pump Market is currently characterized by a dynamic competitive landscape, driven by increasing demand across various sectors such as water treatment, oil and gas, and industrial applications. Key players are actively engaging in strategies that emphasize innovation, regional expansion, and digital transformation. For instance, Grundfos (DK) has positioned itself as a leader in energy-efficient solutions, focusing on sustainable practices and smart pump technologies. Similarly, Flowserve (US) is enhancing its operational capabilities through strategic partnerships and acquisitions, thereby strengthening its market presence. These collective strategies not only enhance individual company profiles but also contribute to a more competitive environment, where innovation and sustainability are paramount.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and improve supply chain efficiency. This trend is particularly evident in the moderately fragmented structure of the market, where key players like KSB (DE) and Sulzer (CH) are optimizing their supply chains to respond swiftly to market demands. The influence of these major players is significant, as they set benchmarks for quality and performance, thereby shaping the overall market dynamics.

In November 2025, KSB (DE) announced the launch of a new range of multistage pumps designed specifically for high-efficiency applications in the renewable energy sector. This strategic move underscores KSB's commitment to sustainability and positions the company to capitalize on the growing demand for eco-friendly solutions. By aligning its product offerings with market trends, KSB is likely to enhance its competitive edge and attract environmentally conscious customers.

In October 2025, Sulzer (CH) expanded its manufacturing capabilities in Asia by opening a new facility in Vietnam. This expansion is strategically important as it allows Sulzer to tap into the rapidly growing Southeast Asian market, which is witnessing increased investments in infrastructure and industrial projects. The facility is expected to enhance local production capabilities, reduce lead times, and improve customer service, thereby solidifying Sulzer's market position in the region.

In September 2025, Xylem (US) launched a digital platform aimed at optimizing pump performance through real-time monitoring and predictive maintenance. This initiative reflects the growing trend of digitalization within the industry, as companies seek to leverage technology to enhance operational efficiency. By integrating AI and IoT technologies, Xylem is likely to improve customer engagement and drive long-term loyalty, positioning itself as a forward-thinking leader in the market.

As of December 2025, the Multistage Pump Market is witnessing significant trends such as digitalization, sustainability, and AI integration, which are reshaping competitive dynamics. Strategic alliances are becoming increasingly important, as companies collaborate to enhance their technological capabilities and market reach. The competitive landscape is shifting from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This evolution suggests that companies that prioritize these aspects will likely emerge as leaders in the market, driving future growth and differentiation.

Key Companies in the Multistage Pump Market market include

Industry Developments

The Multistage Pump Market has recently experienced significant developments, particularly with the growing demand for energy-efficient and high-performance pumping solutions across various industries. Companies such as Weir Group and Flowserve are focusing on expanding their product lines to cater to the oil and gas industry, while Xylem and Grundfos are enhancing their offerings for the water and wastewater sector. Additionally, significant mergers and acquisitions have been noted, with particular emphasis on companies looking to solidify their market positions through strategic partnerships. For instance, Schlumberger and Ebara have been actively exploring collaborations to combine their technological expertise.

Companies like Baker Hughes and SPX Flow are also likely to see growth due to increased investments in infrastructure and renewable energy projects. The market valuation is projected to increase as major players like Wilo and KSB continue innovating, particularly in digital pumping solutions to improve efficiency. Furthermore, the trend of integrating sustainability into operations is becoming central to business strategies, impacting overall growth and competitiveness within the Multistage Pump Market. As companies adapt to these shifts, the overall landscape indicates a fertile environment for advancement and increased profitability.

 

Future Outlook

Multistage Pump Market Future Outlook

The Multistage Pump Market is projected to grow at a 2.95% CAGR from 2024 to 2035, driven by increasing demand in water treatment, oil and gas, and industrial applications.

New opportunities lie in:

  • Expansion into renewable energy sectors with tailored pump solutions.
  • Development of smart pumps integrated with IoT for real-time monitoring.
  • Partnerships with construction firms for large-scale infrastructure projects.

By 2035, the Multistage Pump Market is expected to achieve robust growth and diversification.

Market Segmentation

Multistage Pump Market End Use Outlook

  • Agriculture
  • Construction
  • Oil and Gas
  • Water Treatment
  • Power Generation

Multistage Pump Market Material Outlook

  • Stainless Steel
  • Cast Iron
  • Bronze
  • Plastic

Multistage Pump Market Pump Type Outlook

  • Vertical Multistage Pump
  • Horizontal Multistage Pump
  • Submersible Multistage Pump
  • Centrifugal Multistage Pump

Multistage Pump Market Application Outlook

  • Water Supply
  • Irrigation
  • Fire Fighting
  • Industrial Processes
  • Mining

Multistage Pump Market Power Source Outlook

  • Electric
  • Diesel
  • Solar
  • Hydraulic

Report Scope

MARKET SIZE 202410.12(USD Billion)
MARKET SIZE 202510.41(USD Billion)
MARKET SIZE 203513.93(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)2.95% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledGrundfos (DK), KSB (DE), Flowserve (US), Sulzer (CH), Ebara (JP), Xylem (US), Pentair (US), Wilo (DE), Centrifugal Pumps (IN)
Segments CoveredApplication, End Use, Pump Type, Material, Power Source
Key Market OpportunitiesIntegration of smart technologies enhances efficiency in the Multistage Pump Market.
Key Market DynamicsRising demand for energy-efficient multistage pumps drives innovation and competition among manufacturers in various industries.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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FAQs

What is the expected market size of the Multistage Pump Market by 2034?

The Multistage Pump Market is expected to be valued at 13.53 USD billion by 2034.

What is the expected compound annual growth rate (CAGR) for the Multistage Pump Market from 2025 to 2034?

The expected CAGR for the Multistage Pump Market is 2.95% from 2025 to 2034.

Which application of the Multistage Pump Market holds the largest market share in 2023?

The Water Supply application holds the largest market share, valued at 3.5 USD billion in 2023.

What is the market value of the Oil Gas application segment by 2032?

The Oil Gas application segment is expected to be valued at 3.0 USD billion by 2032.

Which region is projected to have the highest market value by 2032?

The APAC region is projected to have the highest market value, reaching 4.2 USD billion by 2032.

What is the estimated market value for North America in 2023?

The market value for North America is estimated at 2.4 USD billion in 2023.

Who are the key players in the Multistage Pump Market?

Major players in the market include Weir Group, Flowserve, Xylem, and Grundfos, among others.

What is the expected market growth for Wastewater Treatment from 2023 to 2032?

The Wastewater Treatment segment is expected to grow from 2.0 USD billion in 2023 to 2.5 USD billion by 2032.

How much is the Chemical Processing sector valued at in 2032?

The Chemical Processing sector is expected to be valued at 2.4 USD billion by 2032.

What is the market value of South America in 2023?

The market value for South America is estimated to be 0.6 USD billion in 2023.

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