the Pump Jack market size is USD 7254.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 13.30% 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 2901.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2176.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1668.47million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 362.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% 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 145.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.
The Thermoset held the highest Prepreg market revenue share in 2024.
