Market Forecast By Product (Portable, Stationary), By Position (Submersible, Non-submersible), By Driving Force (Engine Driven, Electrical Driven), By Technology (Centrifugal Pumps, Diaphragm Pumps), By Application (Mining, Building & Construction, Oil & Gas, Industrial, Municipal) And Competitive Landscape
Product Code: ETC017483 | Publication Date: Oct 2020 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Mexico Pumps Market |
Forecast period | 2025-2031 |
CAGR | 4.3% |
Growing Sector | Portable Pumps |
The Mexico Pumps Market Report provides a comprehensive analysis of the various driving factors of market growth. The report provides detailed information, segmented by Product, Position, Driving Force, Technology and Application, to provide a comprehensive understanding of current trends, opportunities/high growth areas, and market drivers to aid stakeholders in formulating and aligning their market strategies in coherence with the current and future market dynamics.
The pumps market in Mexico is experiencing a positive growth trend, driven by ongoing industrial development and a shift towards energy-efficient solutions. Demand for pumps, especially portable pumps, is increasing, reflecting a global trend towards portable and efficient hydraulic solutions. Both local and international manufacturers are vying for market shares, with leading brands introducing new products and advanced technologies. The focus of the government on infrastructure development and energy efficiency is shaping the market dynamics. Despite the challenges of high import taxes and managing supply chain efficiencies, the market is poised for growth, driven by expanding industrial needs and the evolving needs of various sectors in Mexico.
According to 6Wresearch, the Mexico Pumps Market size is expected to grow at a significant CAGR of 4.3% during the forecast period 2025-2031. The Mexico Pumps Market is buoyed by several key factors. Mexico's robust industrial background provides a solid base for the thriving pumps industry. Mexico's prime geographical location allows effortless access to many markets, enriching trade opportunities and export capacity for Mexican pump products. Technological advancements in pump manufacturing have enhanced product efficiency and quality, attracting domestic and international buyers seeking high-performance pumps. The world's rising demand for sustainable and green solutions is fuelling the growth of Mexico's pumps market as buyers prioritize environmentally friendly options. Moreover, the government's initiatives to support the industrial sector, coupled with investments in R&D, innovation, and infrastructure, have fostered favorable conditions for the growth of Mexico's pumps industry. These combined factors underline the market's upward momentum and its future growth potential and competitiveness in the global arena.
However, the Mexico Pumps Market does face several challenges that might impede its growth. These include meeting ever-changing industry needs, managing production costs, and coping with a constantly evolving pumps landscape. Market uncertainties can negatively affect import-export relations, and supply chain disruptions might further limit market expansion. These challenges need to be addressed through strategic collaborations, R&D investments, efficient practices and a proactive attitude towards managing pump innovations to stay competitive in the pumps industry.
In the Mexico pumps industry, leading players include Aker Solutions, Baker Hughes, Schlumberger Limited, Halliburton Company, and TechnipFMC, especially in the subsea pumps sector. These companies are recognized for their significant contributions and technological advancements in the market.
Government regulations play a critical role in the Mexican pumps market for overseeing industrial operations. The regulatory framework set by the Mexican government addresses a wide range of issues crucial to the operations of the pumps sector. These include quality control standards to ensure pump product integrity, environmental sustainability regulations to promote eco-friendly manufacturing practices, import and export laws to control international trade flows, and labour regulations to protect workers' rights within pump production facilities. Entities such as the Ministry of Industry and Trade play a key role in formulating and enforcing these regulations, ensuring that all stakeholders comply with industry best practices and legal requirements. The government's aim is to provide a fair, competitive, and sustainable market environment for Mexican pumps manufacturers by setting clear requirements and monitoring compliance.
The Mexican pumps market bears significant potential and dynamics that will shape its future. Mexico, with a strong base in industrial production and a long legacy of craftsmanship, is poised to strengthen its position as a major player in the global pumps industry. The market is predicted to expand further, driven by rising demand for sustainable and environmentally friendly industrial products. Technological advancements and innovation in pump manufacturing processes are expected to improve efficiency, quality, and product diversification in response to changing customer demands and market trends. Moreover, the government's strategic initiatives to support the industrial sector, coupled with investments in R&D, infrastructure, and sustainable practices, will serve to boost the market's resilience and global competitiveness.
According to Dhaval, Research Manager at 6Wresearch, The portable pumps category of the Product classification is expected to witness substantial growth. This is due to the pumps' cost-effectiveness and reliability in a variety of applications, as well as the rising demand for economically efficient water management solutions, particularly in the industrial sector.
The submersible pumps segment is projected to experience significant growth. This growth is driven by the increasing demand for efficient water management solutions and the expansion of mining activities, which require reliable and durable pumping systems.
The electrical driven component of the Driving Force category is expected to witness substantial growth. This growth is due to the increased use of electrically driven pumps for water recycling and waste management in industrial plants.
The diaphragm pumps are expected to experience significant growth. This is largely due to their versatility and efficiency in handling various fluids, including those with high viscosity or containing solids. The demand for diaphragm pumps is rising across industries such as water treatment, chemical processing, and oil and gas, making them a key growth segment compared to centrifugal pumps.
The industrial component of the Application category is expected to experience substantial expansion. This is due to the increased use of pumps in various industrial applications, particularly in water recycling and waste management.
This report extensively investigates the following market segmentations:
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 Mexico Pumps Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Pumps Market - Industry Life Cycle |
3.4 Mexico Pumps Market - Porter's Five Forces |
3.5 Mexico Pumps Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Mexico Pumps Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.7 Mexico Pumps Market Revenues & Volume Share, By Driving Force, 2021 & 2031F |
3.8 Mexico Pumps Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Mexico Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Mexico Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Pumps Market Trends |
6 Mexico Pumps Market, By Types |
6.1 Mexico Pumps Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Mexico Pumps Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Mexico Pumps Market Revenues & Volume, By Portable, 2021-2031F |
6.1.4 Mexico Pumps Market Revenues & Volume, By Stationary, 2021-2031F |
6.2 Mexico Pumps Market, By Position |
6.2.1 Overview and Analysis |
6.2.2 Mexico Pumps Market Revenues & Volume, By Submersible, 2021-2031F |
6.2.3 Mexico Pumps Market Revenues & Volume, By Non-submersible, 2021-2031F |
6.3 Mexico Pumps Market, By Driving Force |
6.3.1 Overview and Analysis |
6.3.2 Mexico Pumps Market Revenues & Volume, By Engine Driven, 2021-2031F |
6.3.3 Mexico Pumps Market Revenues & Volume, By Electrical Driven, 2021-2031F |
6.4 Mexico Pumps Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Mexico Pumps Market Revenues & Volume, By Centrifugal Pumps, 2021-2031F |
6.4.3 Mexico Pumps Market Revenues & Volume, By Diaphragm Pumps, 2021-2031F |
6.5 Mexico Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Mexico Pumps Market Revenues & Volume, By Mining, 2021-2031F |
6.5.3 Mexico Pumps Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.5.4 Mexico Pumps Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.5 Mexico Pumps Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Mexico Pumps Market Revenues & Volume, By Municipal, 2021-2031F |
7 Mexico Pumps Market Import-Export Trade Statistics |
7.1 Mexico Pumps Market Export to Major Countries |
7.2 Mexico Pumps Market Imports from Major Countries |
8 Mexico Pumps Market Key Performance Indicators |
9 Mexico Pumps Market - Opportunity Assessment |
9.1 Mexico Pumps Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Mexico Pumps Market Opportunity Assessment, By Position, 2021 & 2031F |
9.3 Mexico Pumps Market Opportunity Assessment, By Driving Force, 2021 & 2031F |
9.4 Mexico Pumps Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Mexico Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Mexico Pumps Market - Competitive Landscape |
10.1 Mexico Pumps Market Revenue Share, By Companies, 2024 |
10.2 Mexico Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |