Diaphragm pump: Key market research findings
- APAC dominates the market geographically
- The water treatment industry accounts for a majority of the market’s revenue
- Key vendors – Dover, Flowserve, LEWA, Xylem, and Grundfos
Technavio’s market research analysts predict the global diaphragm pump market to grow at a CAGR of more than 5% between 2016 and 2020. The rise in the demand for diaphragm pumps is augmented by the growing adoption of solar pumps. Solar pumps offer a practical solution to overcome the problems posed by water scarcity in agriculture. Besides irrigation, solar pumps are used for community water supply, forestry, fish farming and agriculture, and wastewater treatment engineering. In 2015, the global diaphragm pump market was dominated by APAC with a market share of over 36%. The growth of process industries such as wastewater treatment, F&B, and pharmaceuticals in the region is expected to boost the demand for diaphragm pumps, leading to growth in the diaphragm pump market in APAC, during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the diaphragm pump segments based on the end-user.
“The adoption of 3D printing in the pump industry is reshaping the fabrication technique. It makes the process less costly and more accessible to both consumers and businesses. The twin fields of 3D and computer modeling technologies is opening up a whole new frontier in pump design, repair, and replacement,” says Anju Ajaykumar, Lead Analyst, Heavy Industry, Technavio Research.
During 2015, the water treatment industry accounted for more than 18% of the overall market revenue to become the primary revenue generator in the global diaphragm pump market. Diaphragm pumps are mainly used in water treatment processes such as coagulation, iron sequestration, and disinfection. They help in odor control, phosphorous control, and solid conditioning, among other applications.
The key vendors in the market include Dover, Flowserve, LEWA, Xylem, and Grundfos. The market is characterized by the presence of many local and international vendors and, as a result, appears to be highly fragmented. Local and regional vendors compete with the well-established international players with diversified product portfolios by offering products at a comparatively lower prices. Diaphragm pump manufacturers also compete on the basis of several other factors such as quality, reliability, and after-sales services and are mainly focused on differentiating their products by manufacturing customized and energy-efficient pumps.
A more detailed analysis is available in the Technavio report, Global Diaphragm Pump Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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