Market Forecast By Product (Centrifugal Pump, Positive Displacement Pump, Others), By Application (Oil & Gas, Chemicals, Construction, Power Generation, Water & Wastewater, Others) And Competitive Landscape
Product Code: ETC295295 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Report Name | Australia Industrial Pumps Market |
Forecast period | 2024-2030 |
CAGR | 5.3% |
Growing Sector | Water and Wastewater |
Australia Industrial Pumps Market report thoroughly covers the market by product and by Application. The Australia Industrial Pumps market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia industrial pumps market is witnessing significant growth, driven by the expansion of core industries such as mining, water & wastewater treatment, and construction. The country's rich mineral resources have spurred demand for mining activities, consequently boosting the need for industrial pumps used in processes like dewatering, mineral processing, and slurry transportation. Additionally, Australia's focus on sustainable water management and infrastructure development projects has led to increased investments in water and wastewater treatment plants, further propelling the demand for various types of industrial pumps.
According to 6Wresearch, the Australia Industrial Pumps Market size is expected to grow at a significant CAGR of 5.3% during the forecast period 2024-2030. The market is experiencing significant growth, driven by factors such as the expansion of the mining and construction sectors, the need for water and wastewater management, and technological advancements in pump manufacturing. Also, the increasing adoption of smart pumps equipped with sensors for real-time data monitoring, energy efficiency improvements, and a shift towards sustainable pumping solutions are the key trends shaping the Australia Industrial Pumps Market Growth. However, the market faces restraints including high initial investment costs and the volatility of raw material prices. Despite these challenges, rising demand for solar-powered pumps, particularly in remote and off-grid locations, and in the implementation of IoT technologies for predictive maintenance and optimized performance presents vast opportunities for the development of this market.
In the competitive landscape of the Australia industrial pumps industry, several key players are steering the direction towards innovation and sustainability. Among them, Grundfos and Weir Group stand out for their commitment to engineering excellence and environmental stewardship. Grundfos, renowned for its energy-efficient solutions, continues to pioneer technologies that reduce water and energy consumption. Similarly, Weir Group, with its vast array of mining and industrial pumps, emphasizes durability and performance under challenging conditions, reflecting the market's demand for reliability and efficiency.
Government regulations affecting the Australia industrial pumps market share include measures to improve energy efficiency, set minimum energy performance standards (MEPS), and provide education and training. These regulations aim to enhance the energy efficiency of appliances and equipment sold in Australia and New Zealand, covering industrial products like pumps, air compressors, and boilers. The regulations focus on energy rating labeling, MEPS, and other initiatives to promote energy-efficient practices within the industry.
The future of the Australia industrial pumps market indicates strong growth opportunities driven by specific end markets despite challenging conditions in the near term. The market is expected to undergo significant changes in its competitive and technological environment, with a focus on innovation and adaptation to market demands. Government regulations, particularly concerning energy efficiency and industry compliance, will continue to shape the market landscape. Additionally, the demand for pumps in various sectors like agriculture, building services, power, oil & gas, and mining is expected to fuel market growth
According to Dhaval, Research Manager, 6Wresearch, the water and wastewater industry is a rapidly growing market for industrial pumps in Australia. The government's initiatives towards sustainable water management and the increasing need for efficient treatment systems have led to a rise in demand for pumps used in this sector.
The centrifugal pump segment is anticipated to witness significant growth in the coming years. Centrifugal pumps are widely used in industries such as oil and gas, chemicals, water treatment, power generation, and others due to their high efficiency, low maintenance, and ease of operation.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Industrial Pumps Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Industrial Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Industrial Pumps Market - Industry Life Cycle |
3.4 Australia Industrial Pumps Market - Porter's Five Forces |
3.5 Australia Industrial Pumps Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Industrial Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Industrial Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Industrial Pumps Market Trends |
6 Australia Industrial Pumps Market, By Types |
6.1 Australia Industrial Pumps Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Industrial Pumps Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Australia Industrial Pumps Market Revenues & Volume, By Centrifugal Pump, 2021-2031F |
6.1.4 Australia Industrial Pumps Market Revenues & Volume, By Positive Displacement Pump, 2021-2031F |
6.1.5 Australia Industrial Pumps Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Industrial Pumps Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Industrial Pumps Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.3 Australia Industrial Pumps Market Revenues & Volume, By Chemicals, 2021-2031F |
6.2.4 Australia Industrial Pumps Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Australia Industrial Pumps Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Australia Industrial Pumps Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.2.7 Australia Industrial Pumps Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Industrial Pumps Market Import-Export Trade Statistics |
7.1 Australia Industrial Pumps Market Export to Major Countries |
7.2 Australia Industrial Pumps Market Imports from Major Countries |
8 Australia Industrial Pumps Market Key Performance Indicators |
9 Australia Industrial Pumps Market - Opportunity Assessment |
9.1 Australia Industrial Pumps Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Industrial Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Industrial Pumps Market - Competitive Landscape |
10.1 Australia Industrial Pumps Market Revenue Share, By Companies, 2024 |
10.2 Australia Industrial Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |