The diaphragm pumps market is anticipated to flourish at a steady CAGR of 6.4% between 2023 and 2033. The market is expected to hold a market share of USD 9.55 billion by 2033, while the market is likely to reach a value of USD 5.13 billion in 2023.
Growth is attributed to the increase in the development of many compact diaphragm pumps, which are relatively simpler in design.
| Attributes | Details |
|---|---|
| Diaphragm Pumps Market CAGR (2023 to 2033) | 6.4% |
| Diaphragm Pumps Market Size (2023) | USD 5.13 billion |
| Diaphragm Pumps Market Size (2033) | USD 9.55 billion |
Diaphragm pumps mainly consist of a reciprocating diaphragm made up of rubber or other polymeric materials and check valves which control the incoming and outgoing fluid. Moreover, the selection of a suitable diaphragm material according to the application is the most important factor for the longer life of diaphragm pumps.
Diaphragm pumps mimic this action via a reciprocating rubber, thermoplastic, PFTE, or flexible material and non-return valves suctioning and discharging fluids through directed pathways. In many applications for higher capacity, double diaphragm pumps are used in place of single diaphragm pumps. The energy required for the reciprocating motion of the diaphragm can be derived from a mechanical drive or a hydraulic drive.
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Increasing Application of Diaphragm Pump Provide Opportunity for the Growth of the Market in the Forecast Period
Technological advancements have led to the development of many compact diaphragm pumps, which are relatively simpler in design. This has resulted in an increase in the adoption of diaphragm pumps in many industries, thus resulting in the steady growth of the diaphragm pumps market during the forecast period.
Diaphragm pumps provide variable flow control, relatively lower maintenance cost, and moderately lowering downtime tend to render diaphragm pumps ideal for a gamut of applications. This leads to an increase in sales of diaphragm pumps.
Diaphragm pumps are used in many offshore drilling applications and are well suited to transport toxic and corrosive fluids without leakage; this tends to promote the growth of the diaphragm pumps market during the forecast period.
The introduction of air-operated double diaphragm pumps for transporting liquids containing large solids without electricity is expected to drive the growth of the diaphragm pumps market.
High Cost of Air-operated Double Diaphragm Pumps May Impede the Growth of the Market
Air-operated double diaphragm pumps sometimes tend to result in the problem of water hammering as the pump's efficiency and stability depend on its compressed air supply. This tends to limit the use of diaphragm pumps, thus impeding the growth of the diaphragm pumps market.
The operating cost of air-operated double diaphragm pumps is relatively higher than that of conventional electric drive pumps; this is another factor that is expected to impact the growth of the diaphragm pumps market adversely. Also, the problem of pulsation is associated with diaphragm pumps, causing vibration in diaphragm pumps, thus limiting their application in certain areas.
| Country | Revenue Share % (2022) |
|---|---|
| United States | 20.5% |
| Germany | 9.0% |
| Japan | 2.8% |
| Australia | 1.4% |
| Country | CAGR % (2023 to 2033) |
|---|---|
| China | 7.2% |
| India | 7.5% |
| United Kingdom | 5.7% |
Sustained Growth of Industrial and Manufacturing Sectors Driving Growth of the Diaphragm Pumps Market
North America was the leading market for the diaphragm pump, and the trend is expected to continue into the forecast period owing to the rapid technological development in the region. The United States region held a 20.5% total share of the diaphragm pumps market in 2022. Also, the increasing need for air-operated double-diaphragm (AODD) pumps, metering pumps in the water and chemicals industries, and booming infrastructural development in the region led to the growth of the market.
Due to the high presence of chemical and construction industries, sales of diaphragm pumps have increased in the region. Also, steady growth in demand for oil and natural gas is expected to result in the steady growth of the market across the region.
The Presence of Leading Manufacturers in the Region Provides Opportunity for the Growth of the Market in Europe
According to Future Market Insights, Europe is expected to provide immense growth opportunities for the diaphragm pumps market due to the strong economic growth and the presence of several global manufacturers of diaphragm pumps that are penetrating the market through partnerships and collaborations with well-established local players in the region.
For instance, Diaphragm Pumps Ltd is Europe's Premier Specialist Supplier of Air Operated Double Diaphragm (AODD) Pumps. As well as large stocks of Industrial Pumps, including ATEX-rated units, also hold in stock sanitary pumps for the hygienic market, both food and pharmaceutical. Stocked pumps include ranges conforming to FDA, 3A, and EHEDG Sanitary Specifications. The market is expected to witness sustained growth over the forecast period.
Development of Water and Wastewater Infrastructure to Boost the Market in Coming Years
The Asia Pacific is anticipated to exhibit a significant growth rate in the market over the forecast period. The growing development of water and wastewater infrastructure is in line with the surging demand for clean water in the Asia Pacific.
The demand for pumps from the water and wastewater industry is growing rapidly on account of increasing government concerns. This, in turn, is expected to propel the demand for the market during the forecast period.
The presence of rising economies like China and India with growing populations is expected to boost the demand for diaphragm pumps in the region. Governments of developing countries such as China and India are focusing on urbanization and improving access to clean drinking water, which in turn is leading to a significant rise in the demand for diaphragms.
| Category | By Mechanism Type |
|---|---|
| Leading Segment | Electrically Operated |
| Market Share (2022) | 43.2% |
| Category | By End Use Type |
|---|---|
| Leading Segment | Wastewater Treatment |
| Market Share (2022) | 34.2% |
Based on mechanism type, the electrically operated segment leads the market with 43.2% in 2022, while the end user category is dominated by the wastewater treatment segment with a market share of 34.2% in the same year.
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Start-ups in diaphragm pumps and aquaculture-based businesses has increased significantly recently across the globe, attributed to numerous factors. For example, Dynaspace, a Norwegian start-up, offers aquaculture monitoring. The company processes high-resolution multispectral and radar satellite photos using computer vision and machine learning (ML).
With the help of its cloud-based image processing technology, InsightSPHERE, raw data is transformed into useful insights. Data on productivity and pond activity, analyses of disease outbreaks, production cycles, and forecasts are all displayed on the platform's dashboard. Farmers can increase operational openness in aquaculture farms because of this.
Some key participants present in the global cloud seeding system market include Graco Inc., Dover Corporation, Tapflo AB, Seepex GmbH, Verder Group, Flowserve Corporation, IDEX CorporationXylem Inc. SPX Flow Technology AB, LEWA GmbH, Yamada Corporation, and Ingersoll Rand Plc. among others.
Attributed to the presence of such prominent participants, the market is highly competitive. While global players such as Graco Inc., Dover Corporation, and Tapflo AB account for considerable market size, several regional-level players are also operating across key growth regions, particularly in the Asia Pacific.
Recent Developments:
The market is valued at USD 5.1 billion in 2023.
The market’s CAGR from 2023 to 2033 will be 6.4%.
Graco Inc., Dover Corporation, and Tapflo AB are key market players.
The United States generated 20.5% revenue in 2022.
The market will reach USD 9.5 billion by 2033.
| Estimated Market Size (2024E) | USD 51.6 billion |
|---|---|
| Projected Market Value (2034F) | USD 136.2 billion |
| Value-based CAGR (2024 to 2034) | 10.2% |
| Estimated Market Size (2023) | USD 33 billion |
|---|---|
| Projected Market Size (2033) | USD 60 billion |
| CAGR (2023 to 2033) | 6.2% |
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