China’s Pump Industry in 2024: Growth, Innovation, and Global Expansion

Introduction

China’s pump industry is undergoing a major transformation, driven by technological advancements, sustainability mandates, and booming infrastructure demand. In 2024, the market reached ¥185 billion ($25.5B USD), growing at 6.3% year-over-year. This article explores:
 Top-performing pump companies (2024 rankings)
 Key industry trends (smart pumps, green energy, exports)
 Major investments (new factories, R&D centers)
 Future outlook (2025-2030 forecasts)

East Pump

1. Market Overview: What’s Driving Growth

China remains the world’s largest pump market, fueled by:

① Urbanization & Water Infrastructure

  • Municipal water projects (e.g., South-North Water Diversion Phase II)

  • Wastewater treatment upgrades (new gov’t regulations)

② Energy Transition

  • Nuclear power pumps (+15% demand)

  • LNG & hydrogen pumps (emerging segments)

③ Industrial Automation & Smart Pumps

  • IoT-enabled pumps now 32% of market (vs. 25% in 2023)

  • Predictive maintenance reducing downtime by 40%

2. Top 10 Pump Companies in China (2024 Sales Rankings)

Rank Company Name (HQ) 2024 Sales (¥ bn) Key Segment
1 Ebara China (Japan) 96.20 Industrial/Chemical
2 Shanghai Kaiquan Pump (China) 58.30 Municipal Water
3 LEO Group (China) 46.87 Agriculture/Industry
4 East Pump (China) 46.33 HVAC/Building Services
5 Sulzer China (Switzerland) 44.40 Oil & Gas
6 CNP (China) 44.20 Smart Water Systems
7 Liancheng Group (China) 40.00 Water Treatment
8 SHIMGE Pump (China) 33.00 Irrigation
9 Grundfos China (Denmark) 29.50 Energy-Efficient Pumps
10 Xylem China (USA) 27.49 Wastewater Solutions

🔍 Key Insights:

  • Top 10 control ~45% of China’s pump market

  • Local brands gaining share in smart & affordable pumps

  • Foreign firms lead in high-tech (nuclear, chemical, digital pumps)

3. 2024 Market Trends Shaping China’s Pump Industry

① Smart & IoT-Enabled Pumps

  • Predictive maintenance adoption up 40% (reducing downtime)

  • Example: Nanfang Pump’s AI leak-detection system (used in Xiong’an New Area)

② Energy Efficiency Regulations

  • New GB 19762-2024 standard mandates higher pump efficiency

  • Subsidies up to ¥5,000 per pump for certified models

③ Export Boom (Middle East & Southeast Asia)

  • Saudi Arabia: Desalination pumps demand ↑ 25% (LEO Group won ¥320M project)

  • Vietnam/Indonesia: Infrastructure pumps growth +18% YoY

4. Major Investments & Expansions (2024)

Company Project Investment Key Features
Kaiquan Pump Shanghai Smart Factory Phase 2 ¥2.82B AI testing, automated coating line
KSB Shanghai New Chemical Pump Plant ¥1.1B 4,000 pumps/year, digital twin
Grundfos Changshu Green Factory Undisclosed Solar-powered, zero wastewater
Dayuan Pump Zhejiang 5G Smart Factory ¥1B 700K pumps/year, AGV robotics
ProMinent Shanghai R&D Hub (2028) €47M Global #2 R&D center for water tech

These projects highlight a shift toward smart manufacturing, green transformation, high-end specialization, and localization.

💡 TakeawaySmart manufacturing & sustainability drive new investments.

ProMinent Shanghai R&D Hub

5. Market Outlook

  • Smart pumps, remote monitoring, and digital twin technologies will see increased adoption.

  • Environmental policies are accelerating demand for energy-efficient pump systems.

  • Export growth from BRI, Middle East, and Southeast Asia markets will become a key driver.

  • Market consolidation and M&A activity will enhance the dominance of top-tier companies.