The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising demand for sustainable water supply across various industries is likely to stimulate innovation in the manufacturing of metering pumps, hence driving the market during the forecast period.

The global metering pumps market is expected to grow from $5.70 billion in 2022 to $6.05 billion in 2023 at a compound annual growth rate (CAGR) of 6.06%. The global metering pumps market size is expected to grow to $7.42 billion in 2027 at a CAGR of 5.2%.

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 Global Metering Pumps Market Segments Include:

• By Type: Diaphragm, Piston/Plunger, Other Types
• By Sales: Direct, Distribution Channel
• By End-Use Industry: Water Treatment, Petrochemicals And Oil and Gas, Automotive, Chemical Processing, Pharmaceuticals, Food And Beverage, Pulp And Paper, Textile, Other End-Use Industries
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global metering pumps market in 2021.

Major Market Players in the metering pumps market include IIDEX Corporation, LEWA GmbH, Ingersoll Rand, Dover Corporation, ProMinent GmbH, Grundfos Pumps Corporation, SEKO S.p.A., Watson-Marlow Fluid Technology Group.

Technological advancement is a major trend that is gaining traction in the metering pumps market. Companies in the market are focused on developing better and more energy-efficient metering pumps by utilising linked technologies and data analysis. For example, SEKO, a chemical dosing pump company based in the United States, announced the release of KommBox in May 2022, a device that physically attaches to compatible SEKO metering pumps to enable them to connect to the internet and provide operators the ability to remotely monitor and control their process. KommBox gives consumers a comprehensive view of their spending, enabling them to make programming changes, monitor system performance and chemical usage in real time, and analyse historical data.

The Metering Pumps Global Market Report 2023  provides a metering pumps market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The metering pumps market forecast analyzes metering pumps market size, metering pumps market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A metering pump is a piece of machinery that precisely monitors volumetric flow rate by moving a certain amount of liquid over a predetermined time period. These metres enable utilities to automatically collect usage data, minimise manual metre reading, improve efficiency, and save money.

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