$1.9bn
$XXX.Xm
3,698
180
$XXX.Xm
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%.
Industry revenue has declined at a CAGR of 0.6 % over the past five years, to reach an estimated $1.9bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Grundfos Australia Holdings | 210.0 | |
Pentair Australia Holdings | 89.5 | |
Flowserve Australia | 60.5 |
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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.
Higher export prices back the upswing in air and gas compressors
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.
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ANZSIC 2451 - Pump and Compressor Manufacturing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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...
Learn about an industry's products and services, markets and trends in international trade.
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.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
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...
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.
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 ...
Learn about the performance of the top companies in the industry.
Most major manufacturers are subsidiaries of large multinational businesses. These local manufacturers benefit from global supply chains and research and development sourced ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Pump and compressor manufacturers must comply with environmental and health and safety regulations. Australian/New Zealand standards also apply to pressure equipment manufact...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Continued product research and development investment has allowed manufacturers to remain technically competitive. Advances in technology have fuelled a dip in wage costs.
Including values and annual change:
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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:
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:
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.
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.
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The market size of the Pump and Compressor Manufacturing industry in Australia is $1.9bn in 2024.
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.
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.
Over the next five years, the Pump and Compressor Manufacturing industry in Australia is expected to grow.
The biggest companies operating in the Pump and Compressor Manufacturing market in Australia are Grundfos Australia Holdings, Pentair Australia Holdings and Flowserve Australia
Air and gas compressors and Reciprocating pumps are part of the Pump and Compressor Manufacturing industry.
The company holding the most market share in Australia is Grundfos Australia Holdings.
The level of competition is high and increasing in the Pump and Compressor Manufacturing industry in Australia.