Shift of exploration projects from conventional oil and gas to shale oil and gas across several regions in the world, involving hydraulic fracking process, which needs a large volume of water to extract oil and gas from shale well. In order to inject water with high pressure into shale well, exploration and production (E&P) companies require high-pressure pumps. This is identified as a key trend impacting the global high-pressure pumps market. In recent years, several U.S. oil and gas companies are making huge investments in shale gas E&P activities.

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High-pressure pumps are designed to generate high pressure to either compress or create flow for fluids. The selection of pumps depends on type and volatility of liquid to be pumped, and available space at installation site. Moreover, these pumps are used to supply viscous fluids at high pressure and flow rates. Additionally, these pumps are extensively used in oil and gas, power generation, pharmaceuticals, and manufacturing industries. The high-pressure pumps market is segmented on the basis of type, pressure, industry, and geography.

The high-pressure pumps market is bifurcated on the basis of type into dynamic and positive displacement. Dynamic pumps are majorly employed in low pressure applications, while positive displacement pumps are operated from 250 psi to 3000 psi pressure range. The dynamic pumps held a significant share in the market due to their increased applications in various industries, owing to their ability to generate different flow rates and cost-effective adoption. Moreover, chemical manufacturers who need to generate high pressure, use a series of dynamic pumps to reduce cost of equipment in different chemical processes.

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The high-pressure pumps market is categorized on the basis region into Asia-Pacific (APAC), North America, Latin America (LATAM), Europe, and the Middle East and Africa (MEA). Globally, North America held a significant share in the market during the historical period, due to high investments in oil and gas industry, majorly in E&P activities. However, the APAC market is expected to witness a prominent growth, owing to increasing application of these pumps across oil and gas, and manufacturing industries.

Some of the major players in the global high-pressure pumps market are ANDRITZ GROUP, GEA Group, Dansoff, Weir Group PLC, MAXIMATOR GmbH, Hammelmann GmbH, Sulzer Management Ltd., Grundfos, Cat Pumps, and The McFarland Group.

The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.