Key Market Indicators
British pump exports are expected to drop to just over 9.4 million kilograms by 2026, down from 11.2 million kilograms in 2021. This amounts to an average annual decline of 2.9% since 1998. In 2021, Britain was 16th in the global rankings, with India leading the way at 11.2 million kilograms. The Netherlands, Germany and the United States ranked second, third and fourth. Meanwhile, British pump imports are projected to increase to 33.4 million kilograms by 2026, up from 28.8 million kilograms in 2021. This equates to an average yearly growth of 9.9% since 1998. In 2021, Britain was in 11th place, with France in the top spot at 28.8 million kilograms. The United States, Russia and South Africa ranked second, third and fourth.
The United Kingdom Pump Market Data and Forecasts
What is the size of the British Pump Market in 2022?
How much will the United Kingdom Pump Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
Expansion in the liquid pump and elevator markets is predominantly driven by several key factors. Continual urbanization worldwide necessitates the extensive construction of multifarious infrastructures and buildings; these, in turn, fuel demand for advanced, more efficient liquid pump systems and elevators. Moreover, burgeoning industrial sectors – particularly in developing economies...Read more
Several dynamics fuel the expansion of the lactation aid sector. Increasing maternal employment, growing awareness about the benefits of breastfeeding, and technological advancements in breast pump design serve as primary market propellants. Moreover, various governments and international organizations are involved in initiatives to promote the use of breast pumps, which...Read more
There are several key factors propelling the market for metering pumps. Foremost, there's an upsurge in demand due to process control and automation advancements within various industries, leading to increased efficiency and output. Secondly, environmental compliance pressures are also driving the need for accurate chemical dosing solutions, which metering pumps...Read more
The water pumps industry is displaying significant trends towards greater energy efficiency and digital integration. Regulatory bodies are setting the bar high with stringent efficiency standards, prompting manufacturers to advance their technological inputs. This is leading to a substantial shift towards Advanced Pumping Technologies. Simultaneously, the surge in Industrial IoT...Read more
The arena of industrial strength pump machinery is undergoing notable transformations with advancements in technology. Developments such as smart pumps connected to Industrial Internet of Things (IIoT) promise optimisation of predictive maintenance and energy usage, thus curbing operational costs. Simultaneously, the rising trend towards more sustainable operations is likely to...Read more