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Stock impact report

Pumps Market Forecast Report 2025-2034: Industrial Automation Spurs Growth in Positive Displacement and Centrifugal Pumps [Yahoo! Finance]

Flowserve Corporation (FLS) 
Last flowserve corporation earnings: 2/17 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.flowserve.com
Company Research Source: Yahoo! Finance
According to this report, the global pumps market size reached approximately USD 73.90 billion in 2024. Aided by the increasing demand for efficient fluid handling systems in various sectors such as water treatment, oil and gas, and manufacturing, the market is projected to grow at a CAGR of 3.0% between 2025 and 2034, reaching a value of around USD 97.08 billion by 2034. Pumps are mechanical devices used to move fluids, including liquids, gases, and slurries, from one place to another. They are essential in a wide range of applications, from household water supply to industrial processes and wastewater management. The market is experiencing steady growth driven by rising infrastructure development, increasing urbanisation, and the growing need for water and energy efficiency. The use of pumps in vital sectors such as oil and gas, chemicals, and agriculture is propelling the pumps market growth. The increasing focus on sustainability and energy efficiency is playing a key role in Show less Read more
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