Diaphragm Pumps Market is segmented By Mechanism (Air Operated, Electrically Operated), By Operation....
Market Size in USD Bn
CAGR5.86%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 5.86% |
Market Concentration | High |
Major Players | IDEX Corporation, Yamada Corporation, Flowserve Corporation, Ingersoll Rand, Grundfos Holding A/S and Among Others |
The diaphragm pumps market is estimated to be valued at USD 7.04 Bn in 2024 and is expected to reach USD 10.49 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 5.86% from 2024 to 2031. The diaphragm pumps market is expected to witness steady growth due to factors such as growing need for fluid transfer applications, rising infrastructure development activities, and increasing investments in wastewater management.