Impeller Pumps Market Insights Video

According to Cognitive Market Research, the global Impeller Pumps market size was USD 11542.20 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.20% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 4616.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3462.66 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2654.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 577.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 230.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.
• The Neoprene category is the fastest growing segment of the Impeller Pumps industry