Global Cutter Pumps Market

Cutter Pumps Market Size, Share, Growth Analysis, By Pump Type(Centrifugal Cutter Pumps, Vertical Cutter Pumps, Self-Priming Cutter Pumps), By Power Range(Low Range, Medium Range, High Power), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20I2164 | Region: Global | Published Date: February, 2024
Pages: 157 |Tables: 63 |Figures: 77

Cutter Pumps Market Insights

Cutter Pumps Market size was valued at USD 1.81 billion in 2021 and is poised to grow from USD 1.92 billion in 2022 to USD 2.93 billion by 2030, at a CAGR of 6.2% during the forecast period (2023-2030).

The global cutter pumps are in high demand in the market for cutting-edge, high-performance pumps that are used for various applications, such as wastewater treatment, sewage management, industrial processes, and agriculture. These pumps are designed to effectively cut and pump solids, fibers, and other debris, making them ideal for handling tough and challenging pumping conditions. Ebara Corporation, a Japanese industrial machinery manufacturer, announced the expansion of its line of submersible cutter pumps in March 2021. The purpose of the global cutter pumps market is to provide efficient and reliable pumping solutions for handling solid-laden fluids and wastewater.

Cutter pumps are specifically designed to prevent clogging and damage caused by solid particles, which makes them highly suitable for applications where traditional pumps may fail. For instance, The Flygt N 3000 cutter pump features advanced cutting technology that enables it to handle tough solids, reduce downtime due to clogging, and improve overall operational efficiency in wastewater treatment processes. These pumps are used across a wide range of industries and sectors, including municipal and industrial wastewater treatment plants, mining, construction, agriculture, and manufacturing. For instance, Grundfos Holding A/S, a Danish pump manufacturer, launched its new SEG 40-80 range of submersible grinder pumps in February 2021.

US Cutter Pumps Market is poised to grow at sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 1.81 billion

Largest Segment

Medium

Fastest Growth

Medium

Growth Rate

6.2% CAGR

Global Cutter Pumps Market 2022-2030 ($ Bn)
Country Share for Asia Pacific Region- 2022 (%)

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Cutter Pumps Market Segmental Analysis

Global Cutter Pumps Market is segmented on the basis of pump type, end user, power range and region. By pump type, the market is segmented into centrifugal cutter pump, vertical cutter pumps, self-priming cutter pumps. By end use, the market is segmented into, wastewater treatment, sewage management, mining, construction, agriculture & manufacturing. By power range, the market is divided into low power, high power, medium power. By region, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Global Cutter Pumps Market Analysis by Pump Type

In 2021, the fastest growing segment for submersible cutter pumps is projected to be the construction segment, due to growing construction activities and infrastructure development in emerging economies. The estimated CAGR% for the construction segment in 2021 is around 8-10%. Submersible cutter pumps are designed to operate underwater and are commonly used in sewage and drainage applications. They are widely used in municipal wastewater treatment plants, construction sites, and mining industries.

In 2021, the dominant segment for centrifugal cutter pumps is expected to be the municipal segment, driven by increasing investments in wastewater treatment infrastructure globally. The estimated CAGR% for the municipal segment in 2021 is around 6-8%. Centrifugal cutter pumps are widely used in various applications such as municipal wastewater treatment, industrial processes, agriculture, and construction. They utilize centrifugal force to move liquids and solids, making them suitable for handling heavy debris and solids-laden liquids.

Global Cutter Pumps Market Analysis by Distribution Channels

The estimated CAGR% for the agriculture segment in 2021 is around 6-8%. In 2021, the fastest growing segment for medium power cutter pumps is projected to be the agriculture segment, due to growing mechanization and modernization of agricultural processes globally. Cutter pumps with a power range of 5-50 HP are commonly used in a wide range of applications such as municipal wastewater treatment, industrial processes, agriculture, mining, and construction. They are versatile and can handle medium to large-scale pumping tasks.

In 2021, the municipal segment's CAGR% is anticipated to be between 5 and 7%. Due to rising investments in wastewater treatment facilities worldwide, the municipal segment is anticipated to be the dominating market for high power cutter pumps in 2021. Where large-scale industrial and municipal applications necessitate substantial pumping capacity, cutter pumps with a power range of above 50 HP are frequently used.

Global Cutter Pumps Market Size By Power Range 2022(%), 2023 (%)

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Cutter Pumps Market Regional Insights

In Asia-Pacific, the agriculture sector's CAGR is anticipated to be between 8 and 10% in 2021. Agriculture is anticipated to overtake all other market segments in Asia-Pacific in 2021 as a result of increased mechanization and modernization of farming practices. With rising demand from the municipal, industrial, and agricultural sectors, Asia-Pacific is a market for cutter pumps that is expanding quickly.

In North America, the municipal segment's anticipated CAGR% for 2021 is in the range of 4-6%. Municipal segment is anticipated to be the dominating one in North America in 2021, backed by continuous investments in advancing and modernizing wastewater treatment facilities. Oil and gas is expected to experience the fastest growth in North America, driven by rising exploration and production activity.

Global Cutter Pumps Market Size By Geography, 2022-2030, 2024-2031
  • Largest
  • Fastest

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Cutter Pumps Market Dynamics

Global Cutter Pumps Market Drivers

Rising Investments in Infrastructure Development to Bring Lucrative Opportunities

  • Governments across the world are investing in the development of infrastructure projects, such as water treatment plants, municipal sewage systems, and industrial processes that require effective waste management. This has led to a higher demand for cutter pumps, which are essential in handling solid waste and improving the overall efficiency of wastewater management systems.
  • Technological advancements in cutter pump design and engineering, such as improved impeller designs, enhanced motor efficiencies, and advanced control systems, have led to increased performance and efficiency of cutter pumps. These technological innovations have expanded the applications of cutter pumps in various industries, driving the demand for cutter pumps in the global market.

Global Cutter Pumps Market Restraints

Maintenance and Operational Challenges to Hinder Market Growth

  • Cutter pumps require regular maintenance due to the abrasive nature of the materials they handle. They are also prone to wear and tear, which can result in frequent repairs and downtime. Additionally, operational challenges such as clogging and jamming of impellers can affect the performance of cutter pumps, leading to increased operational costs and reduced efficiency.

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Cutter Pumps Market Competitive Landscape

The global cutter pumps market is highly competitive, with numerous players operating in the market. The competitive landscape is characterized by the presence of established global players, as well as regional players who cater to specific geographic markets. These companies compete on various factors such as product performance, innovation, pricing, distribution network, and customer service.

Top Player’s Company Profiles in Global Cutter Pumps Market

  • Xylem Inc. (United States)
  • Grundfos Holding A/S (Denmark)
  • KSB SE & Co. KGaA (Germany)
  • Flowserve Corporation (United States)
  • ITT Inc. (United States)
  • Kirloskar Brothers Limited (India)
  • Tsurumi Manufacturing Co., Ltd. (Japan)
  • Wilo SE (Germany)
  • Ruhrpumpen Group (Spain)
  • Gardner Denver Holdings Inc. (United States)
  • Cornell Pump Company (United States)
  • Baker Hughes Company (United States)
  • EDDY Pump Corporation (United States)
  • SEEPEX GmbH (Germany)
  • KREBS Engineers (United States)
  • NETZSCH Pumpen & Systeme GmbH (Germany)
  • Viking Pump, Inc. (United States)
  • Vaughan Company, Inc. (United States)
  • HOMA Pumpenfabrik GmbH (Germany)

Global Cutter Pumps Market Recent Developments

  • In January 2023, in order to promote sustainable solutions and enhance energy efficiency through the use of cutting-edge pumps and systems, Wilo Middle East, a German pump and systems manufacturer and digital industry pioneer, participated in the World Future Energy Summit.
  • In November 2022, Chinese flood control and wastewater treatment experts Wilo Group bought two of their businesses.

Cutter Pumps Key Market Trends

  • Submersible cutter pumps are gaining popularity due to their compact design, ease of installation, and lower noise levels. These pumps are extensively used in various applications, such as municipal sewage systems, wastewater treatment plants, and industrial processes, driving the demand for submersible cutter pumps.

Cutter Pumps Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our analyses, the global cutter pumps market is driven by factors such as increasing demand for wastewater management, rising investments in infrastructure development, and advancements in technology. Cutter pumps play a crucial role in sewage treatment plants, industrial processes, and other applications where efficient solid waste and debris handling is required. There is a growing trend towards energy-efficient cutter pumps with improved motor efficiencies, variable frequency drives (VFDs), and advanced control systems. The industrial sector is increasingly adopting cutter pumps for handling solid waste and slurry, driven by the need for efficient waste management and improved productivity. The global cutter pumps market is expected to grow in the coming years, driven by increasing focus on efficient waste management, infrastructure development, and environmental sustainability.

Report Metric Details
Market size value in 2023 USD 1.81 billion
Market size value in 2031 USD 2.93 billion
Growth Rate 6.2%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Pump Type
    • Centrifugal Cutter Pumps, Vertical Cutter Pumps, Self-Priming Cutter Pumps
  • Power Range
    • Low Range, Medium Range, High Power
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Xylem Inc. (United States)
  • Grundfos Holding A/S (Denmark)
  • KSB SE & Co. KGaA (Germany)
  • Flowserve Corporation (United States)
  • ITT Inc. (United States)
  • Kirloskar Brothers Limited (India)
  • Tsurumi Manufacturing Co., Ltd. (Japan)
  • Wilo SE (Germany)
  • Ruhrpumpen Group (Spain)
  • Gardner Denver Holdings Inc. (United States)
  • Cornell Pump Company (United States)
  • Baker Hughes Company (United States)
  • EDDY Pump Corporation (United States)
  • SEEPEX GmbH (Germany)
  • KREBS Engineers (United States)
  • NETZSCH Pumpen & Systeme GmbH (Germany)
  • Viking Pump, Inc. (United States)
  • Vaughan Company, Inc. (United States)
  • HOMA Pumpenfabrik GmbH (Germany)
Customization scope

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  • Region

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Cutter Pumps Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Cutter Pumps Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Cutter Pumps Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cutter Pumps Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cutter Pumps Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Cutter Pumps Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Cutter Pumps Market size was valued at USD 1.81 billion in 2021 and is poised to grow from USD 1.92 billion in 2022 to USD 2.93 billion by 2030, at a CAGR of 6.2% during the forecast period (2023-2030).

The cutter pumps market is highly competitive, with numerous players operating in the market. The competitive landscape is characterized by the presence of established players, as well as regional players who cater to specific geographic markets. These companies compete on various factors such as product performance, innovation, pricing, distribution network, and customer service. 'Xylem Inc. (United States)', 'Sulzer Ltd (Switzerland)', 'Grundfos Holding A/S (Denmark)', 'KSB SE & Co. KGaA (Germany)', 'Flowserve Corporation (United States)', 'Ebara Corporation (Japan)', 'ITT Inc. (United States)', 'The Weir Group PLC (United Kingdom)', 'Kirloskar Brothers Limited (India)', 'Tsurumi Manufacturing Co., Ltd. (Japan)', 'Wilo SE (Germany)', 'Ruhrpumpen Group (Spain)', 'Gardner Denver Holdings Inc. (United States)', 'Cornell Pump Company (United States)', 'Baker Hughes Company (United States)', 'EDDY Pump Corporation (United States)', 'SEEPEX GmbH (Germany)', 'KREBS Engineers (United States)', 'NETZSCH Pumpen & Systeme GmbH (Germany)', 'Viking Pump, Inc. (United States)', 'Vaughan Company, Inc. (United States)', 'HOMA Pumpenfabrik GmbH (Germany)'

Governments across the world are investing in the development of infrastructure projects, such as water treatment plants, municipal sewage systems, and industrial processes that require effective waste management. This has led to a higher demand for cutter pumps, which are essential in handling solid waste and improving the overall efficiency of wastewater management systems.

Submersible cutter pumps are gaining popularity due to their compact design, ease of installation, and lower noise levels. These pumps are extensively used in various applications, such as municipal sewage systems, wastewater treatment plants, and industrial processes, driving the demand for submersible cutter pumps.

In Asia-Pacific, the agriculture sector's CAGR is anticipated to be between 8 and 10% in 2021. Agriculture is anticipated to overtake all other market segments in Asia-Pacific in 2021 as a result of increased mechanization and modernization of farming practices. With rising demand from the municipal, industrial, and agricultural sectors, Asia-Pacific is a market for cutter pumps that is expanding quickly.

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Global Cutter Pumps Market

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