What is Global Hand Pump Market?
The Global Hand Pump Market is a vast and dynamic sector that encompasses a variety of hand-operated pumps used across numerous industries. These pumps, which are manually operated, are used to move fluids or air from one place to another. They are commonly used in domestic and industrial settings, including agriculture, manufacturing, construction, and home use. The market is driven by factors such as the increasing demand for water and sanitation in developing countries, the growing industrial sector, and the need for portable and cost-effective pumping solutions. However, the market also faces challenges such as the availability of electric pumps and the lack of awareness about hand pumps in some regions. Despite these challenges, the Global Hand Pump Market continues to grow, offering a range of opportunities for manufacturers and suppliers worldwide.
Rotary Pump, Lever Action Pump, Piston Pump, Drum Siphon Pump, Hydraulic Hand Pump in the Global Hand Pump Market:
The Global Hand Pump Market comprises various types of pumps including Rotary Pump, Lever Action Pump, Piston Pump, Drum Siphon Pump, and Hydraulic Hand Pump. Each of these pumps has its unique features and applications. For instance, Rotary Pumps are used for transferring fluids with high viscosity, Lever Action Pumps are used for pumping liquids from large containers, and Piston Pumps are used for applications requiring high pressure. On the other hand, Drum Siphon Pumps are used for transferring liquids from drums, and Hydraulic Hand Pumps are used in hydraulic systems. These pumps are designed to meet the specific needs of different industries, making them an integral part of the Global Hand Pump Market.
Industrial, Civil in the Global Hand Pump Market:
The Global Hand Pump Market finds its usage in various areas, notably in the Industrial and Civil sectors. In the Industrial sector, hand pumps are used for a variety of applications such as oil and gas extraction, chemical processing, and water treatment. They are used for transferring fluids, lubricating machinery, and maintaining hydraulic systems. In the Civil sector, hand pumps are used for water supply in rural and remote areas. They are also used in construction for dewatering and in firefighting for water supply. The versatility and portability of hand pumps make them a preferred choice in these sectors.
Global Hand Pump Market Outlook:
The Global Hand Pump Market, which was valued at US$ 190 million in 2022, is expected to grow to US$ 217.1 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 1.9% during the forecast period from 2023 to 2029. It's noteworthy that the top four manufacturers in the global market hold a share of over 10%. This data indicates a steady growth in the market, driven by the increasing demand for hand pumps in various sectors. Despite the competition from electric pumps, the market for hand pumps continues to hold its ground, thanks to their cost-effectiveness and versatility.
Report Metric | Details |
Report Name | Hand Pump Market |
Accounted market size in 2022 | US$ 190 in million |
Forecasted market size in 2029 | US$ 217.1 million |
CAGR | 1.9% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Gorman-Rupp, Zep, National Spencer, ATD Tools, GoatThroat, Action Pump, Tuthill, Pump, Graco, Macnaught, Jessberger, Kyoritsu kiko, GROVHAC, AMBICA MACHINE, Great Plains, Vestil, Pro Chem, Toyo, Groz, Jaan-Huei, New Zealand, Alemite, Xylem, ENERPAC, ITH, SCHAAF, Ralston Instruments, Prince Manufacturing, BRAND, Werner Weitner, Gardner Bender, Zhongcheng Pump Industry, Shanghai Bosheng Pumps, Shanghai Yangguang Pump, Hongyun Safetytools, Shanghai Shangqiu Pump |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |