China’s Pump Industry in 2024

Published on 9 April 2025 at 15:09

China’s pump industry is undergoing rapid transformation, fueled by technological upgrades, sustainability regulations, and massive infrastructure demand. In 2024, the market surged to ¥185 billion ($25.5B USD)—a 6.3% YoY increase.

So, what’s driving this growth?
Let’s explore the top-performing companies, key trends, and what’s ahead in 2025–2030.

📊 1. Market Overview: What’s Powering the Surge?

🚰 Urbanization & Water Infrastructure

  • Major municipal projects like South-North Water Diversion Phase II

  • Stricter wastewater treatment standards = more demand for pump upgrades

⚡ Energy Transition

  • Nuclear and LNG applications saw double-digit growth in pump demand

  • Hydrogen and clean energy segments emerging fast

🤖 Industrial Automation & Smart Pumps

  • IoT-enabled pumps now make up 32% of the market (up from 25% in 2023)

  • Predictive maintenance adoption is reducing system downtime by 40%

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

Rank Company (HQ) 2024 Sales (¥ bn) Key Segment
1 Ebara China (Japan) 96.20 Industrial/Chemical
2 Shanghai Kaiquan (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 Solution

🔍 Key Insights:

  • Top 10 players control ~45% of the market

  • Chinese brands are rising fast in smart and affordable pump segments

  • Foreign brands still dominate nuclear, chemical, and digital-tech pumps

3. 2024 Trends Shaping the Industry

① Smart & IoT-Enabled Pumps

  • Adoption up 40% YoY

  • Notable example: Nanfang Pump’s AI-based leak detection, deployed in Xiong’an New Area

② Energy Efficiency Mandates

  • New national standard GB 19762-2024 in effect

  • Subsidies up to ¥5,000 per unit for compliant energy-efficient models

③ Export Expansion

  • Saudi Arabia: 25% increase in desalination pump demand

  • LEO Group secured ¥320M project

  • Strong growth in Vietnam and Indonesia (+18% YoY)

🏭 4. Major Investments & Expansion Projects

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

💡 Takeaway: Investment is flowing into smart manufacturing, automation, and green production lines.

🚀 Final Thoughts

The Chinese pump industry is no longer just about low-cost manufacturing—it’s evolving into a technology-driven, export-oriented powerhouse. With growing global demand and strategic investment in innovation, China’s pumps are primed for even greater expansion ahead.

💼 Looking to source pumps from China?
At Viotech, we help international buyers identify, verify, and source pumps—from industrial-grade centrifugal units to smart IoT-enabled systems. Whether you're building infrastructure or upgrading equipment, we connect you with reliable Chinese manufacturers that meet your quality, price, and lead time requirements.