Global Diaphragm Pump Market Revenue is Estimated to Reach $4905 Million by 2026

A diaphragm pump is a type of pump that uses a diaphragm as the pump membrane, which repeatedly changes the shape of the diaphragm to suction and discharge liquids. The advantage of this pump is that it can handle viscous, suspended solids, and corrosive liquids, and can operate under some extreme environmental conditions.
Overview of Market Development and Analysis of Segmented Markets
Due to its advantages of safety, environmental protection, and efficiency, diaphragm pumps have been widely welcomed. At present, the global diaphragm pump market continues to expand in scale, and the market demand is steadily growing. According to our research data, the global diaphragm pump market revenue was $4113 million in 2023. In the coming years, with the acceleration of industrialization and technological progress, the market will enter a stage of rapid development. It is expected that the global diaphragm pump market revenue will increase to $4905 billion by 2026.
From the perspective of product types, diaphragm pumps can be divided into pneumatic diaphragm pumps, hydraulic diaphragm pumps, and mechanical diaphragm pumps according to different driving methods. Among them, pneumatic diaphragm pumps dominate the market. According to our data, the global revenue of the pneumatic diaphragm pump segment in 2023 was $1853 million, with a revenue share of 47.18%.
From the perspective of downstream applications, diaphragm pumps, as important fluid-conveying equipment, are widely used in fields such as water and wastewater treatment, oil and gas, chemical industry, paper manufacturing, and food & beverage. Among them, water and wastewater treatment account for the largest market share.

Global Diaphragm Pump Market Revenue Forecast and Market Segment Analysis  

Global Diaphragm Pump Market Revenue Forecast and Market Segment Analysis

Source: www.globalmarketmonitor.com
Analysis of Market Competitive Landscape
From the perspective of market competition, the concentration of the global diaphragm pump market is low. According to our data, the total production value of diaphragm pumps among the top 3 companies in the industry in 2023 was $736 million, with a total share of only 17.90%. The top three companies were IDEX, Grundfos, and PSG, with their diaphragm pump output accounting for 7.32%, 5.69%, and 4.89% of the global total output in 2023.

Diaphragm Pump Production Value and Share of Main Companies in 2023

Companies

Production Value (Million USD)

Share

IDEX

301

7.32%

Grundfos

234

5.69%

PSG

201

4.89%

Top3

736

17.90%

Source: www.globalmarketmonitor.com

Market Development Trend Prediction

Market size expansion: With the development of the global economy and the improvement of industrialization level, the market size of diaphragm pumps will continue to expand. Especially in developing countries, the diaphragm pump market will have greater development space.

Market competition intensifies: With the continuous development of the diaphragm pump market, competition will also become more intense. Enterprises should increase investment in technological research and product innovation to enhance their competitiveness.

Technological innovation: With the continuous development of technology, diaphragm pump technology will continue to innovate and improve. In the future, diaphragm pumps will be more efficient, reliable, and environmentally friendly to meet the constantly changing market demands.

Intelligent development: With the popularization of Industry 4.0 and intelligent manufacturing, diaphragm pumps will become more intelligent. The intelligent diaphragm pump will achieve remote monitoring, fault diagnosis, predictive maintenance, and other functions, improving production efficiency and safety.

For more industry information, please refer to our latest released "2023 Global Diaphragm Pump Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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