Piston Pump Market Size, Share, Opportunities, And Trends By Type (Lift Pump, Force Pump, Axial Pump, Radial Piston Pump), By Material (Ceramic, Stainless Steel, Zirconia), By Application (Liquid Pumping, Water & Oil Hydraulics, Industrial Processing Equipment, High-Pressure Cleaning, Others), By End-User (Automotive, Aerospace & Defense, Marine, Power & Energy, Manufacturing, Others), And By Geography - Forecasts From 2023 To 2028

The global piston pump market was valued at US$3.256 billion in 2021 and is expected to grow at a CAGR of 5.23% during the forecast period.

A piston pump is a mechanical device designed to transfer fluids or compress gases by utilizing reciprocating motion. The piston pump industry deals in various types of pumps such as lift pumps, force pumps, axial pumps, and radial piston pumps which find applicability in liquid pumping, water & oil hydraulics, and high-pressure cleaning applications. Automotive, marine, power & energy, and manufacturing sectors are major end-users of piston pumps. The expansion of maritime applications and the rising demand for reliable power generation are expanding the piston pump market size.

Market Drivers

• The surge in marine application is expected to boost the piston pump market growth.

Marin applications such as steering, stabilizers, winches, and propulsion systems require high-pressure fluid transfer and precise control, which can be effectively achieved with piston pumps. The growing strength of marine vessels and initiatives to improve marine logistics are driving growth in the piston pump industry. According to the Food and Agriculture Organization, Africa's fleet and fishing vessels had increased compared to other countries and it comprised 23.5% of the world’s fishing vessels. Moreover, in 2021, the Indian government launched " Maritime India Vision 2030" in which the government planned to increase the trans-shipment volumes of Indian cargo at Indian ports to more than 75% by 2030.

• The need for reliable power generation is driving the piston pump market demand.

In renewable energy projects, such as hydroelectric power plants, piston pumps are utilized in water transfer and control systems, enabling efficient energy generation. The rise in renewable energy capacity coupled with investments made to improve the power infrastructures is positively impacting the piston pump industry's growth. According to International Renewable Energy Agency, in 2022, global renewable energy capacity increased by 9.6% compared to 2021, where wind and solar power accounted for 90% of the net additions.

North America is expected to hold a significant market share.

North America is expected to witness high growth in the global piston pump market due to its strong industrial base including automotive, aerospace, oil, and gas, coupled with investments made to improve power plants. In 2022, the Canadian Association of Petroleum Producers (CAPP) forecasted a 22% increase in natural gas & oil investment, with spending reaching $32.8 billion, compared with $26.9 billion in 2021. In 2023, US President Joe Biden announced an investment of $82 million to increase renewable energy manufacturing and strengthen the American clean energy grids. Such progressive developments need piston pumps for their efficient working and thus expand the regional piston pump market size.

Market Restraint - Raw material price volatility

The manufacturing of piston pumps requires various raw materials, including metals such as steel and zirconia. Fluctuations in the prices of these materials can impact the production costs of piston pumps. If the prices of raw materials increase significantly, it can lead to higher production costs for manufacturers. This, in turn, can result in higher prices for piston pumps, potentially reducing the demand and affecting piston pump market size expansion.

Key Developments

• December 2022: Dürr developed a pneumatic vertical piston pump "EcoPump2 VP", which worked under a pressure of 22 to 306 bar and increased process reliability and required less maintenance. These pumps could be used in many fields, such as mechanical engineering, metalworking, woodworking, and the furniture industry.
• August 2022: Bungartz launched a rotary piston pump "Achema" which was low-pulsating, energy efficient, and combined the advantages of various already well-known technologies.
• July 2022: Nachi launched "PZH-0B", a high-pressure variable displacement piston pump with improved energy-saving performance with a mechanism that reduced friction loss and internal leakage, and was ideal for small-capacity use, such as small industrial material measuring machines and industrial mixers.

Piston Pump Market Scope:

Segmentation

• By Type
  • Lift Pump
  • Force Pump
  • Axial Pump
  • Radial Piston Pump
• By Material
  • Ceramic
  • Stainless Steel
  • Zirconia
• By Application
  • Liquid Pumping
  • Water & Oil Hydraulics
  • Industrial Processing Equipment
  • High-Pressure Cleaning
  • Others
• By End-User
  • Automotive
  • Aerospace & Defense
  • Marine
  • Power & Energy
  • Manufacturing
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Other