Pumps, Valves & Flow Control
Manufacturers of centrifugal pumps, industrial valves, and flow control devices.
Market snapshot
These figures describe Industrial Equipment & Machinery (5.8.8), the segment that Pumps, Valves & Flow Control sits within. They are not figures for Pumps, Valves & Flow Control on its own.
- Market size
- ~$115B
- Growth
- ~2.0%CAGR (2017–22, nominal)
- Companies
- ~2,265 firms
64.9% of firms have fewer than 20 employees: 1,469 micro-businesses, below most mandates.
- 20–99
- 50263%
- 100–499
- 13917%
- 500+
- 15519%
Read the growth carefully: several classifications here were created in the 2022 revision and have no earlier counterpart, so a naive comparison overstates the trend badly. On a like-for-like basis the segment grew about 2% a year. This is a mature, replacement-driven market where installed base and service coverage matter more than new-unit demand.
NAICS 332991, 333248, 333310, 333612, 333613, 333991, 333992, 333994, 333998, 336999, 339991. U.S. Census Bureau, 2022 Statistics of U.S. Businesses; U.S. Census Bureau, 2022 Economic Census.
Business model & economics
Revenue model
Equipment sales plus aftermarket parts and service
Key economics
- Revenue per firm
- $50,737,937
- Revenue per employee
- $363,396
- Employees per firm
- 56.4
- Recurring revenue
- Moderate–High
- EBITDA margin
- Cyclical equipment; richer aftermarket
- Capex intensity
- High
recurring aftermarket and service
Characteristics
- Scale-driven: payroll is only 20% of revenue, so the cost base is assets, not headcount
- Deep strategic-buyer pool: 155 firms exceed 500 employees, so a scaled asset has trade buyers
- Mature, cyclical capital-goods industry.
- Aftermarket and service the recurring layer.
- Fully profiled under Heavy & Industrial Equipment Mfg.
NAICS 332991, 333248, 333310, 333612, 333613, 333991, 333992, 333994, 333998, 336999, 339991. U.S. Census Bureau, 2022 Statistics of U.S. Businesses; U.S. Census Bureau, 2022 Economic Census.
M&A deal context
Who’s acquiring
- Global equipment OEMs
- PE-backed industrial platforms
- Component consolidators
What’s driving deals
- Aftermarket and technology acquisition.
- Automation and electrification.
- See the Heavy & Industrial Equipment sector.
Find Pumps, Valves & Flow Control acquisition targets
Search Acquisera’s index for companies classified under Pumps, Valves & Flow Control (5.8.8.4) and build a targeted deal pipeline.
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