Dredge Pump

Dredge Pump Market Outlook

The global dredge pump market size is projected to reach approximately USD 5.2 billion by 2035, growing at a compound annual growth rate (CAGR) of about 6.5% from 2025 to 2035. This promising growth trajectory can be attributed to several factors, including the increasing demand for dredging activities in mining, construction, and infrastructure development sectors. Additionally, the rising need for efficient sediment removal in waterways and harbors to enhance navigability has further propelled the market. The adoption of advanced dredging technologies and equipment is also expected to foster market expansion, as companies focus on improving operational efficiencies and reducing environmental impact. As industries strive for sustainable practices, the incorporation of environmentally friendly dredge pumps is anticipated to gain traction, making this market increasingly significant in the coming years.

Growth Factor of the Market

The growth of the dredge pump market is significantly influenced by several key factors that stimulate demand across various sectors. Firstly, the expansion of the mining and construction industries has led to a surge in dredging activities, necessitating dependable and efficient dredge pumps for handling slurry and heavy materials. Secondly, the focus on environmental conservation has prompted governments and organizations to invest in dredging projects aimed at restoring natural habitats and maintaining water quality, thereby increasing the need for specialized dredge pumps. Furthermore, the rapid growth of urbanization has intensified infrastructure development, such as canal construction, flood prevention, and waterfront improvements, which relies heavily on dredging operations. Additionally, the increased awareness of advanced dredging technologies and automation is pushing the market towards more efficient and cost-effective solutions. These factors collectively contribute to a favorable environment for market growth, fostering innovation and investment in dredge pump technologies.

Key Highlights of the Market

• Projected CAGR of 6.5% from 2025 to 2035.
• Increasing demand from mining and construction sectors.
• Focus on environmental conservation driving investment in dredging activities.
• Expansion of urban infrastructure projects enhancing the need for dredge pumps.
• Adoption of advanced technologies leading to greater efficiency in dredging operations.

By Type

Horizontal Dredge Pump:

Horizontal dredge pumps are known for their versatility and efficiency in transferring large volumes of material across considerable distances. They are predominantly used in applications requiring the movement of slurries and sediments, making them highly valuable in mining and construction activities. Their design often allows for easier maintenance and lower operational costs, which are critical factors for contractors and project managers. Horizontal dredge pumps are particularly advantageous in situations where suction lift is needed, as they can efficiently operate in various conditions, leading to their widespread adoption in various dredging projects.

Vertical Dredge Pump:

Vertical dredge pumps are designed for deep-water applications and are typically used in environments where horizontal pumps may not be practical. They are ideal for dredging in deeper lakes, rivers, and coastal areas, where their vertical orientation allows for effective sediment removal from significant depths. These pumps are noted for their ability to handle varying flow conditions and their robust construction, which enables them to cope with abrasive materials commonly found in dredged sediment. Their use in specialized applications, such as dredging underneath docks and piers, underscores their importance in the dredge pump market.

Submersible Dredge Pump:

Submersible dredge pumps are designed to operate underwater and are highly effective in extracting slurry from submerged areas. These pumps are particularly beneficial in applications where space is limited or where it is necessary to minimize disturbances to the surrounding environment. Their installation is often simpler and more compact compared to other pump types, leading to reduced operational costs. Submersible pumps are commonly utilized in municipal applications, such as wastewater treatment and stormwater management, highlighting their versatility and effectiveness in a wide array of dredging scenarios.

Booster Pump:

Booster pumps are essential in dredging operations that require the transportation of materials over long distances or to higher elevations. By enhancing the pressure within the dredging system, booster pumps enable efficient movement of slurry and sediment, which is crucial in maintaining flow rates and overall operational efficiency. Their ability to integrate seamlessly with existing dredging equipment makes them a popular choice among contractors looking to enhance productivity. As the dredging industry increasingly focuses on optimizing processes, the demand for booster pumps is expected to grow, making them a vital component in the dredge pump market.

Jet Pump:

Jet pumps utilize high-pressure water jets to initiate the dredging process, making them particularly effective for removing soft sediments and debris from riverbeds or lake bottoms. They are widely used in dredging projects that involve the cleaning and maintenance of waterways, as they can operate efficiently in varying sediment conditions. The use of jet pumps reduces the need for heavy machinery, lowering operational costs and minimizing environmental impact. Given the rising emphasis on sustainable dredging practices, jet pumps are likely to see increased adoption in projects aimed at maintaining ecological balance while efficiently removing unwanted materials.

By Application

Mining:

The mining sector is a significant contributor to the dredge pump market, as these pumps are essential for the extraction of minerals and aggregates from riverbeds and lakes. Dredge pumps in mining applications are used to efficiently handle slurries that contain a mix of water and solid materials. Their ability to manage abrasive materials and heavy sediment loads makes them invaluable in this sector. As the global demand for minerals continues to rise, driven by industries such as electronics and renewable energy, the mining application segment is expected to experience substantial growth in the coming years.

Construction:

In the construction industry, dredge pumps play a vital role in site preparation and maintenance activities, such as excavation and foundation work. These pumps are employed to remove water and sediment from construction sites, ensuring safe and efficient operations. The demand for dredge pumps in construction is closely tied to urban development and infrastructure projects, which are on the rise globally. As cities expand and new projects are initiated, the need for reliable and efficient pumping solutions in construction applications will continue to grow, driving market expansion.

Agriculture:

Dredge pumps are utilized in agriculture for irrigation and land reclamation projects. They help in the management of water resources by transporting water from rivers and lakes to farmlands, ensuring optimal irrigation practices. Additionally, dredge pumps are instrumental in reclaiming wetlands and enhancing soil quality by efficiently managing sediment levels. As global agricultural practices evolve with a greater focus on sustainability and efficient resource management, the demand for dredge pumps in this sector is anticipated to increase significantly, particularly in regions facing water scarcity and soil degradation.

Oil & Gas:

The oil and gas industry relies on dredge pumps for various operations, including offshore drilling and pipeline installation. These pumps are essential for the removal of sediments and debris from drilling sites, ensuring safe and efficient extraction processes. With the increasing focus on offshore energy production and the need for efficient sediment handling in these operations, the demand for dredge pumps in the oil and gas sector is expected to witness notable growth. Furthermore, advancements in dredging technologies tailored for oil and gas applications will enhance the performance and reliability of these pumps, further driving market expansion.

Municipal:

Dredge pumps are critical in municipal applications, especially in wastewater treatment, stormwater management, and the maintenance of water bodies. These pumps are used to remove sediments and debris from treatment facilities, ensuring efficient operations and compliance with environmental regulations. Additionally, dredging activities in municipal settings help improve water quality and prevent flooding by maintaining adequate flow in rivers and drainage systems. As urban areas continue to expand and face challenges related to water management, the demand for dredge pumps in municipal applications is expected to grow significantly, contributing to overall market growth.

By Power Source

Electric:

Electric-powered dredge pumps are gaining popularity due to their efficiency and ease of operation. They are suitable for various applications, including municipal, construction, and mining, where continuous operation is necessary. Electric pumps offer several advantages, including lower operating costs, reduced emissions, and less noise pollution compared to diesel-powered alternatives. As environmental regulations become stricter and industries seek sustainable practices, electric dredge pumps are expected to see increased adoption in the market.

Diesel:

Diesel-powered dredge pumps are traditionally favored for their robustness and ability to operate in remote locations where electricity may not be readily available. They are widely used in construction and mining applications that require high power and mobility. Diesel pumps can handle heavy-duty operations, making them ideal for demanding environments. However, concerns regarding emissions and fuel costs may drive a gradual shift towards electric and hybrid options, although diesel pumps will remain a key segment within the dredge pump market for the foreseeable future.

Hydraulic:

Hydraulic dredge pumps utilize hydraulic systems to generate the power needed for efficient pumping operations. They are particularly effective in handling heavy slurries and materials, making them suitable for applications in mining and construction. The hydraulic power source allows for better control of flow rates and pressure, enhancing operational efficiency. As companies increasingly focus on optimizing performance and reducing energy consumption, hydraulic dredge pumps are expected to maintain a significant position in the market.

Pneumatic:

Pneumatic dredge pumps operate using compressed air to create suction and move materials. They are particularly effective for handling lightweight sediments and are commonly used in applications requiring precision and control. While pneumatic pumps may not be as widely used as electric or diesel-powered options, they offer unique advantages in specific applications, such as material transfer in delicate environments. As industries explore innovative pumping solutions, the pneumatic segment may see niche growth, especially in specialized dredging projects.

Manual:

Manual dredge pumps, although less common in large-scale operations, are utilized in smaller projects and applications that require portability and simplicity. These pumps are typically operated by hand or using basic mechanical systems, making them suitable for temporary or low-budget dredging tasks. Manual dredge pumps can be effective in small-scale agricultural or municipal applications where advanced machinery may not be necessary. While their market share is limited compared to other power sources, they cater to specific needs and will likely remain relevant in niche applications.

By Flow Rate

Low Flow Rate:

Low flow rate dredge pumps are designed for applications requiring the movement of limited volumes of material. They are typically utilized in smaller projects, such as residential or agricultural dredging, where high power is not necessary. The compact design and efficient operation of low flow rate pumps make them ideal for situations where space and energy consumption need to be minimized. As environmental concerns grow and industries seek solutions that balance effectiveness and sustainability, the demand for low flow rate dredge pumps is expected to persist.

Medium Flow Rate:

Medium flow rate dredge pumps cater to a wide range of applications, including construction and municipal projects, where moderate volumes of material need to be moved efficiently. These pumps provide a balance between power and efficiency, making them suitable for various dredging tasks. The versatility of medium flow rate pumps allows them to be used in different types of dredging operations, enhancing their appeal in the market. As urbanization continues to drive infrastructure development, the demand for medium flow rate dredge pumps is likely to grow significantly.

High Flow Rate:

High flow rate dredge pumps are essential in large-scale dredging operations, as they are capable of handling substantial volumes of slurry and sediment efficiently. These pumps are commonly employed in mining, large construction projects, and environmental remediation efforts, where rapid removal of materials is critical. Their robust design and high capacity make them ideal for demanding applications that require continuous operation. The growing demand for efficient and effective dredging solutions in various sectors is expected to propel the market for high flow rate dredge pumps in the coming years.

Very High Flow Rate:

Very high flow rate dredge pumps are specialized for extremely demanding applications, such as large dredging projects and heavy-duty mining operations. These pumps are designed to move massive volumes of slurry and can operate under challenging conditions. Their advanced engineering and robust construction allow them to handle abrasive materials effectively, making them indispensable in industries that require rapid and efficient dredging solutions. As global infrastructure projects expand and mining activities intensify, the demand for very high flow rate dredge pumps is projected to rise significantly.

Ultra-High Flow Rate:

Ultra-high flow rate dredge pumps are at the forefront of pump technology, capable of achieving exceptional performance in the most challenging dredging applications. They are designed for large-scale operations, such as deep-water dredging and major construction projects, where maximum efficiency and speed are paramount. The ability to handle extremely heavy and abrasive materials makes these pumps essential for large contractors and government projects that require rapid sediment removal. As the need for efficient dredging solutions continues to grow, the ultra-high flow rate segment is expected to see robust demand and technological advancements.

By Region

In North America, the dredge pump market is expected to witness significant growth, driven by robust infrastructure projects and an emphasis on environmental restoration efforts. The region is projected to account for approximately 30% of the total market share by 2035, with a CAGR of around 6% during the forecast period. The United States and Canada are leading the charge in dredging activities, particularly in maintaining navigable waterways and supporting natural resource extraction. With increasing investments in upgrading water management systems and enhancing flood prevention measures, the demand for dredge pumps in North America is set to rise.

In Europe, the market for dredge pumps is poised to expand at a steady pace, supported by ongoing initiatives to improve waterway navigation and habitat restoration. The region is anticipated to hold around 25% of the global market share by 2035. Countries such as the Netherlands and Germany are known for their extensive dredging activities associated with shipping, agriculture, and environmental management. Furthermore, the European Union's focus on sustainable dredging practices aligns with the increasing adoption of electric and hybrid dredge pumps, fostering growth in this segment. As regulations become stricter, the European dredge pump market will likely evolve with innovative and environmentally friendly solutions.

Opportunities

The dredge pump market presents several opportunities for growth, particularly in emerging economies where infrastructure development is rapidly advancing. Countries in Asia-Pacific, Africa, and Latin America are investing heavily in dredging projects to improve transportation networks, manage flooding, and enhance agricultural productivity. This increased focus on infrastructure is driving the demand for efficient dredging solutions, including advanced dredge pumps. Companies that can innovate and provide tailored solutions for these regions stand to benefit significantly as they tap into unexploited markets. Additionally, the growing trend towards sustainable and environmentally friendly dredging practices offers opportunities for manufacturers to develop eco-friendly dredge pumps that can meet increasing regulatory standards and consumer preferences.

Another promising opportunity lies in technological advancements within the dredge pump industry. The rise of automation and IoT-based solutions allows for smarter, more efficient dredging operations, enhancing monitoring and control capabilities. Manufacturers that invest in research and development to create intelligent dredge pump systems capable of real-time data analysis and predictive maintenance will have a competitive edge. Moreover, the incorporation of advanced materials to improve pump durability and resistance to wear can significantly enhance the longevity and efficiency of dredge pumps. As industries increasingly prioritize performance and sustainability, there is a growing need for innovative solutions that cater to the evolving demands of dredging applications.

Threats

Despite the favorable growth prospects for the dredge pump market, several threats could impact its trajectory. Economic fluctuations and uncertainties can hinder investment in infrastructure projects, leading to delays or cancellations of dredging operations. Additionally, the dredging sector often faces stiff competition from alternative technologies and methods, such as sedimentation control and eco-friendly dredging practices that may reduce reliance on traditional dredge pumps. Moreover, environmental concerns and regulatory pressures surrounding dredging activities can pose challenges for manufacturers and operators. Companies must navigate complex regulations and compliance requirements, which can increase operational costs and impact profitability. As the industry evolves, staying informed about these threats and adapting to changing market dynamics will be essential for sustained growth.

Another significant restraining factor in the dredge pump market is the high initial investment associated with advanced dredging equipment. Many companies, particularly small and medium enterprises, may find it challenging to allocate budgets for state-of-the-art dredge pumps, leading to reliance on older, less efficient technologies. This can restrict market growth, as outdated pumps may not meet the performance and efficiency standards expected in modern dredging operations. Furthermore, the lack of skilled labor to operate and maintain advanced dredging equipment can impede the adoption of newer technologies. As the industry moves towards greater efficiency and sustainability, addressing these challenges and investing in workforce development will be crucial to unlocking the full potential of the dredge pump market.

Competitor Outlook

• Weir Group PLC
• Gorman-Rupp Company
• Grundfos Holdings A/S
• Wacker Neuson SE
• Flowserve Corporation
• Schurco Slurry LLC
• Metso Corporation
• Cat Pumps
• HIDROSTAL AG
• Penton Dredging Equipment
• HCP Pumps
• Tsurumi Manufacturing Co., Ltd.
• Atlas Copco AB
• Hammelmann GmbH
• Zoeller Pump Company

The competitive landscape of the dredge pump market is characterized by a mix of established players and emerging companies, each vying to capture market share through innovation and strategic partnerships. Major companies are focusing on research and development to enhance the efficiency and performance of their dredge pump offerings. In particular, the integration of advanced technologies, such as automation and IoT capabilities, is becoming increasingly common among leading manufacturers. Furthermore, these companies are expanding their product portfolios to include eco-friendly dredging solutions that align with global sustainability efforts. As the market evolves, competition will likely intensify, pushing companies to innovate while meeting the diverse needs of customers across various sectors.

Weir Group PLC, a market leader in fluid and pump technology, has been at the forefront of developing advanced dredge pumps tailored for mining and industrial applications. The company's commitment to research and innovation has led to the introduction of efficient and environmentally friendly dredging solutions that cater to the growing demand for sustainable practices. Similarly, Gorman-Rupp Company has established itself as a key player in the dredge pump market, offering a wide range of pumps designed for various applications, including municipal and agricultural uses. Their focus on durability and reliability has earned them a strong reputation among customers, further solidifying their position in this competitive landscape.

Another notable competitor, Flowserve Corporation, is recognized for its extensive experience and expertise in fluid motion and control solutions. They provide a comprehensive range of dredge pumps designed for high-performance applications, particularly in the oil and gas sector. Their commitment to customer satisfaction and product innovation positions them well to meet the evolving demands of the dredging industry. Additionally, Tsurumi Manufacturing Co., Ltd., known for its high-quality submersible pumps, has been actively expanding its dredging product line, emphasizing reliability and efficiency in operations. As these companies and others in the market continue to innovate and adapt to changing market dynamics, the dredge pump industry is likely to witness considerable growth and transformation.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Cat Pumps
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 HCP Pumps
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 HIDROSTAL AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Atlas Copco AB
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Weir Group PLC
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Hammelmann GmbH
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Wacker Neuson SE
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Metso Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Schurco Slurry LLC
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Gorman-Rupp Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Zoeller Pump Company
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Flowserve Corporation
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Grundfos Holdings A/S
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Penton Dredging Equipment
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Tsurumi Manufacturing Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Dredge Pump Market, By Type
    • 6.1.1 Horizontal Dredge Pump
    • 6.1.2 Vertical Dredge Pump
    • 6.1.3 Submersible Dredge Pump
    • 6.1.4 Booster Pump
    • 6.1.5 Jet Pump
  • 6.2 Dredge Pump Market, By Flow Rate
    • 6.2.1 Low Flow Rate
    • 6.2.2 Medium Flow Rate
    • 6.2.3 High Flow Rate
    • 6.2.4 Very High Flow Rate
    • 6.2.5 Ultra-High Flow Rate
  • 6.3 Dredge Pump Market, By Application
    • 6.3.1 Mining
    • 6.3.2 Construction
    • 6.3.3 Agriculture
    • 6.3.4 Oil & Gas
    • 6.3.5 Municipal
  • 6.4 Dredge Pump Market, By Power Source
    • 6.4.1 Electric
    • 6.4.2 Diesel
    • 6.4.3 Hydraulic
    • 6.4.4 Pneumatic
    • 6.4.5 Manual

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Dredge Pump Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Dredge Pump market is categorized based on

By Type

• Horizontal Dredge Pump
• Vertical Dredge Pump
• Submersible Dredge Pump
• Booster Pump
• Jet Pump

By Application

• Mining
• Construction
• Agriculture
• Oil & Gas
• Municipal

By Power Source

• Electric
• Diesel
• Hydraulic
• Pneumatic
• Manual

By Flow Rate

• Low Flow Rate
• Medium Flow Rate
• High Flow Rate
• Very High Flow Rate
• Ultra-High Flow Rate

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Weir Group PLC
• Gorman-Rupp Company
• Grundfos Holdings A/S
• Wacker Neuson SE
• Flowserve Corporation
• Schurco Slurry LLC
• Metso Corporation
• Cat Pumps
• HIDROSTAL AG
• Penton Dredging Equipment
• HCP Pumps
• Tsurumi Manufacturing Co., Ltd.
• Atlas Copco AB
• Hammelmann GmbH
• Zoeller Pump Company