Pump and Compressor Manufacturing in Australia - Market Research Report (2013-2028)
Melbourne, Australia
Last Updated: August 2023
ANZSIC C2451Revenue
$1.9bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
3,698
Businesses
180
Wages
$XXX.Xm
Pump and Compressor Manufacturing in Australia industry analysis
Evolving demand from critical downstream markets like electricity, gas, water and wastewater services has led to substantial changes in the pump and compressor manufacturing landscape. Government investments in capital works projects have buoyed the industry’s recent performance, emphasising job growth and economic activity in a post-pandemic context. This stimulus has especially boosted revenue through increased market orders necessitating new infrastructure and services. However, the industry's heavy dependence on downstream markets also introduces vulnerabilities, notably from sectors like mining that have shown volatility. Moreover, increased import competition, fuelled by a stronger Australian dollar, has significantly strained local manufacturers. All in all, industry revenue is expected to fall at an annualised 0.6% over the past five years to total $1.9 billion in 2024-25, when revenue will dip an anticipated 3.4%.
Trends and Insights
- State and federal governments have poured money into capital works projects post-pandemic, driving job growth and economic activity. This influx has spurred new manufacturing orders for pumps and compressors, boosting industry revenue.
- Manufacturers produce a variety of pump and compressor products to meet different downstream markets’ needs. Differences stem from the mediums used to the mode of transport.
- New South Wales and Victoria account for the bulk of manufacturing locations. These states represent the heartland of manufacturing in Australia thanks to their large populations and proximity to suppliers and downstream markets.
- Product price and quality are the key areas of competition for pump and compressor manufacturers. However, mounting import competition has helped shift the competitive focus towards manufacturers’ ability to meet the needs of specialist downstream markets.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has declined at a CAGR of 0.6 % over the past five years, to reach an estimated $1.9bn in 2023.
Trends and Insights
A gradual economic recovery has led to mixed trading conditions
- Manufacturers’ performance is primarily linked to trading conditions in downstream markets. An overall hike in demand from electricity, gas, water and waste water services, along with stronger use of agricultural irrigation water, has supported new manufacturing orders.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Downstream market demand is set to remain volatile
- Downstream market demand from electricity, gas, water and waste services is poised to tumble, putting downwards pressure on pump and compressor manufacturing. Demand from mining is also set to remain in freefall, thanks to low output growth and falling export prices.
Biggest companies in the Pump and Compressor Manufacturing in Australia
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
Grundfos Australia Holdings | 210.0 | |
Pentair Australia Holdings | 89.5 | |
Flowserve Australia | 60.5 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Reciprocating pumps, Air and gas compressors and Centrifugal pumps. Reciprocating pumps is the largest segment of the Pump and Compressor Manufacturing in Australia.
Trends and Insights
Higher export prices back the upswing in air and gas compressors
- Compressors are machines designed to increase the pressure of gas substances, like air, by reducing their volume. These devices are crucial in various applications, from industrial processes to everyday household chores.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Non-Ferrous Metal Casting in Australia
- Heating, Cooling and Ventilation Equipment Manufacturing in Australia
- Mining and Industrial Machinery Wholesaling in Australia
- Heavy Machinery Repair and Maintenance in Australia
International industries
- Pump & Compressor Manufacturing in the US
- Air & Gas Compressor Manufacturing in the US
- Industrial Spraying Equipment Manufacturing in the US
- Pump & Compressor Manufacturing in Canada
- Pump Manufacturing in the UK
Table of Contents
About this industry
Industry definition
Industry operators are primarily involved in manufacturing air or gas compressors, pumps and pumping machinery. Raw material is sourced from upstream suppliers, with end products being sold to downstream markets.
What's included in this industry?
Air and gas compressorsReciprocating pumpsCentrifugal pumpsRotary pumpsSubmersible pumpsPump partsPetrol pumpsIrrigation pumpsCompanies
Grundfos Australia HoldingsPentair Australia HoldingsFlowserve AustraliaPurchase this report to view all 5 major companies in this industry.
Related Terms
PUMPSCENTRIFUGAL PUMPSCOMPRESSORSIndustry Code
ANZSIC 2451 - Pump and Compressor Manufacturing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
State and federal governments have poured money into capital works projects post-pandemic, driving job growth and economic activity. This influx has spurred new manufacturing...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Manufacturers produce a variety of pump and compressor products to meet different downstream markets’ needs. Differences stem from the mediums used to the mode of transport.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2023
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
New South Wales and Victoria account for the bulk of manufacturing locations. These states represent the heartland of manufacturing in Australia thanks to their large populat...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Product price and quality are the key areas of competition for pump and compressor manufacturers. However, mounting import competition has helped shift the competitive focus ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Most major manufacturers are subsidiaries of large multinational businesses. These local manufacturers benefit from global supply chains and research and development sourced ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Grundfos Australia Holdings's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Pentair Australia Holdings's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Flowserve Australia's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Grundfos Australia Holdings, and factors influencing its performance in the industry
- Description and key data for Pentair Australia Holdings, and factors influencing its performance in the industry
- Description and key data for Flowserve Australia, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Pump and compressor manufacturers must comply with environmental and health and safety regulations. Australian/New Zealand standards also apply to pressure equipment manufact...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Continued product research and development investment has allowed manufacturers to remain technically competitive. Advances in technology have fuelled a dip in wage costs.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Pump and Compressor Manufacturing industry in Australia in 2024?
The market size of the Pump and Compressor Manufacturing industry in Australia is $1.9bn in 2024.
How many businesses are there in the Pump and Compressor Manufacturing in Australia industry in 2023?
There are 180 businesses in the Pump and Compressor Manufacturing industry in Australia, which has declined at a CAGR of 3.6 % between 2018 and 2023.
Has the Pump and Compressor Manufacturing industry in Australia grown or declined over the past 5 years?
The market size of the Pump and Compressor Manufacturing industry in Australia has been declining at a CAGR of 0.6 % between 2018 and 2023.
What is the forecast growth of the Pump and Compressor Manufacturing industry in Australia over the next 5 years?
Over the next five years, the Pump and Compressor Manufacturing industry in Australia is expected to grow.
What are the biggest companies in the Pump and Compressor Manufacturing market in Australia?
The biggest companies operating in the Pump and Compressor Manufacturing market in Australia are Grundfos Australia Holdings, Pentair Australia Holdings and Flowserve Australia
What does the Pump and Compressor Manufacturing in Australia include?
Air and gas compressors and Reciprocating pumps are part of the Pump and Compressor Manufacturing industry.
Which companies have the highest market share in the Pump and Compressor Manufacturing in Australia?
The company holding the most market share in Australia is Grundfos Australia Holdings.
How competitive is the Pump and Compressor Manufacturing industry in Australia?
The level of competition is high and increasing in the Pump and Compressor Manufacturing industry in Australia.
