Commercial Booster Pumps Market

Global Commercial Booster Pumps Market Size (2024 to 2029)

The size of the global commercial booster pumps market is estimated to be worth USD 7.32 billion by 2029 from USD 5.58 billion in 2024, growing at a CAGR of 5.6% from 2024 to 2029.

The commercial booster pump is a machine that will increase the pressure of a fluid. A booster pump acts like an intermediary between the fluid source and the endpoints. A booster pump takes fluid from the source and gets it to the desired pressure at the endpoints. The booster pump is also beneficial in situations where a single pump is unable to supply the appropriate service pressure while also preventing cavitation in other pumps in the system. The benefits of using booster pumps are increased pressure and boosted fluid supply, cater variety of applications. It is small; hence it is portable and easy to install and maintain.

Global Commercial Booster Pumps Market Drivers:

The rapid industrialization, urbanization, and technological advancements in the booster pump as well as in the industries drive the growth of the commercial booster pump market. The booster pumps are used in different applications like agriculture & irrigation, oil & gas, construction, water treatment, mining industry, energy & power generation, and chemical industry and others. The booster pump is highly used in irrigation, water supply and oil and gas. In the North American region, Commercial booster pumps are highly used in the oil and gas industry for flowing oil and gas in the pipelines.

The driving force of the commercial booster pumps market is the surging demand for booster pumps in almost every sector such as agriculture, water treatment and supply, automotive, oil and gas, chemical, mining, etc. where the optimal flow of water is required for various processes.  The demand of water is increasing with the increasing population of India and China, To meet the growing water demand commercial booster pumps are increasing for the supply and treatment of water. Several countries around the globe are investing in enhancing their infrastructure. Various activities like road construction, building construction, water supply, agriculture, and mining will increase to create strong infrastructure which will drive the growth of booster pumps as all these activities require proper water flow. Rapid industrialization and urbanization drive the demand corrosion resistant commercial booster pumps for maintaining safe and quality water flow for various purposes. Thus, the demand for corrosion-resistant booster pumps is increasing in the global commercial booster pump market.

With rapid industrial automation, key players are increasing their focus on automated booster pumps. These key players are offering booster pumps with live monitoring of the operational data and maximum equipment performance. With the growing technology, the demand for automated booster pumps is also increasing in the market. A commercial booster pump is highly used in the oil and gas industry for providing required pressure for flowing of oil and gas inside the pipelines. Multistage Submersible Booster pump is highly used in oil and gas industry. Thus, the rapid industrialization, growing infrastructure and technological advancement drive the growth of the global booster pump market during the forecast period.

Global Commercial Booster Pumps Market Restraints:

Technological improvements have aided the market's expansion, but they have also imposed some constraints. Booster pumps become obsolete over time as technology advances and become more readily available to end-users. Consumers are more informed about current events because of improved access to information. Given how quickly these devices become obsolete, some users may find it difficult to invest each time a new version is released. As a result, the market faces another challenge: expensive capital expenditure. Smaller businesses may find it challenging to stay up with technological advancements and changing market trends.

Impact of COVID-19 on the global commercial booster pumps market: 

The ongoing pandemic has put a hollow mark on the global economy by affecting many economic activities to come to a halt. Several industries have struggled with various challenges around supply chain, communication, production, import & export and currency fluctuations, etc. This challenge has also caused a significant impact on the commercial booster pump market. Many of the leading companies have announced the suspension due to decreased demand and to ensure the safety of the personnel During the COVID-19 pandemic and this has caused the demand for commercial booster pump to decline in 2020 which made manufacturers adopt new production policies following the pandemic safety preventives.

REPORT COVERAGE:

This research report on the global commercial booster pumps market has been segmented and sub-segmented based on the type, pressure, end-user and region.

Global Commercial Booster Pumps Market - By Type:

• Single Stage Pumps
• Seal-Less & Circulator Pump
• Multistage Pumps
• Submersible Pumps

Multi-stage centrifugal pumps are highly used those applications where higher pressure is required. flow ranges between 20 to 75,000 litter per minute. A multistage centrifugal pump is ideal for applications that require the pump to deal with large volumes. Owing to these factors, multistage booster pumps drive the growth of the market in the near future.

Global Commercial Booster Pumps Market – By Pressure:

• 0.5 – 1 Bar
• 1 – 5 Bar
• 5 – 10 Bar
• 10 – 20 Bar
• 20 – 25 Bar
• 25 – 50 Bar
• Above 50 Bar

Commercial booster pumps are highly used in applications where 25-40 bar pressure is required. Thus 25-40 pressure bars are dominating the global commercial booster pump market.

Global Commercial Booster Pumps Market - By End Users:

• Agriculture & Irrigation
• Oil & Gas
• Construction
• Water Treatment
• Mining Industry
• Energy & Power Generation
• Chemical Industry

Booster pumps play a vital role in almost every sector, providing optimal pressure for fluid flow. Irrigation, oil and gas, and the water treatment industry dominate the booster pump market due to their significant use in these industries where pressurized fluid is required.

Global Commercial Booster Pumps Market – By Region:

• North America
  • The United States
  • Canada
  • Rest of North America
• Europe
  • The United Kingdom
  • Spain
  • Germany
  • Italy
  • France
  • Rest of Europe
• The Asia Pacific
  • India
  • Japan
  • China
  • Australia
  • Singapore
  • Malaysia
  • South Korea
  • New Zealand
  • Southeast Asia
• Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of LATAM
• The Middle East and Africa
  • Saudi Arabia
  • UAE
  • Lebanon
  • Jordan
  • Cyprus

North America is expected to continue its contribution as the largest market of commercial booster pumps in the forecast period with increasing construction activities. Commercial pumps have significant applications in the construction sector. The increasing concept of green building in this region to minimize energy & resource consumption and green gas emissions. The demand for more energy-efficient commercial booster pumps is increasing in green buildings in order to reduce carbon footprints in this region. The increasing shale oil exploration and production activities in the United States will drive the demand for commercial booster pumps, especially Electric Submersible pumps (ESP), which will further boost the growth of the market.

Asia-Pacific is expected to become the fast growing market of commercial booster pumps due to growing infrastructure projects in this region. To meet the demand of clean and safe water in this region, the demand for booster pumps is also increasing in the Water treatment and water supply sector. The water treatment industry needs booster pumps to optimize the flow of water for the treatment and supply process. Construction activities are increasing in countries like India and China which need a lot of water for which booster pumps are required. Thus, the demand for commercial booster pumps is directly increasing with the increasing construction activities. Moreover, the rising focus of various governments on smart city concepts encourages them to invest in their country, which will lead to an increase in the demand for commercial booster pumps for supplying water in this region, propelling the growth of the market in the forecasted period.

Europe is expected to witness moderate growth due to a rising focus on strong infrastructure that drives the growth of commercial booster pumps in this market.

KEY MARKET PLAYERS:

Companies playing a major role in the global commercial booster pumps market include Grundfos, Aquatec International, Inc., Dab Pumps S.p.A, Eddy Pump Corporation, Davey Water Products Pty. Ltd., Franklin Electric Co., Inc., Kärcher International, SyncroFlo Inc., Wilo SE, Zodiac Pool Solutions, Xylem and Pentair Inc. 

RECENT HAPPENINGS IN THE MARKET:

• In April 2021, Pentair Inc. (a leading service provider for water treatment and sustainable solutions) has announced its definite agreement to acquire the assets of ken’s Beverage Inc in order to expand its commercial direct service network.
• In February 2021, a private equity firm AIP (American Industrial Partners) acquired Ingersoll Rand’s majority interest in High pressure solutions (HPS segment for approximately $300m.