Europe Pump Market Research Report 2026-2031 Now Available, Forecasts Market Growth from $17.5B (2025) to $22.53B by 2031, Profiling Grundfos, Xylem, Ebara, Wilo, Flowserve, and 55 Other Key Players
The Europe pump market is projected to grow from USD 17.50 billion in 2025 to USD 22.53 billion by 2031 at a 4.30% CAGR. Growth is driven by smart pump adoption, IoT integration, water infrastructure modernization, and wastewater treatment regulations. Electrical pumps lead with 62% market share, while centrifugal pumps dominate by product type. Germany holds 17% of the market, and leading vendors include Grundfos, Xylem, Wilo, Flowserve, and Sulzer.