Press release
Centrifugal Pump Market 2023 Research Report and in-Depth Analysis by Leading Key Players like Xylem, Grundfos, Flowserve, KSB, Circor International, Sulzer, Wilo, Ebara Corporation, Pentair, Someflu, Baker Hughes
The global centrifugal pump market is projected to grow at a high rate during the forecast period, mainly due to increasing concern towards wastewater treatment and desalination. Centrifugal pump is a mechanical device designed to move liquid by means of the transfer of rotational energy through impellers. These types of pumps are mainly used for pumping water in the industrial and residential properties. They are also majorly used in agriculture sector, municipal water and wastewater plants, power generation plants, petroleum, and chemical industries, among others. Advantages of centrifugal pump include steady delivery, easy to operate, can be mounted horizontally or vertically, and it moves at high speeds with minimal maintenance.Competitive Landscape
The key players of global centrifugal pump market are Xylem (US), Grundfos (Denmark), Flowserve (US), KSB (Germany), Circor International (US), Sulzer (Switzerland), ITT Corporation (US), Wilo (Germany), Ebara Corporation (Japan), Pentair (US), Someflu (France), Baker Hughes, A GE Company (US), and Weir (UK).
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Segmental Outlook
Global centrifugal pump market has been segmented based on type, stage, end-user, and region.
Based on type, the market is classified into overhung impeller, vertically suspended, and between-bearing.
The global centrifugal pump market is further segmented based on end-user, including water & wastewater, oil & gas, chemical, power, and others. Water and wastewater segment of the global centrifugal pump market is estimated to register the highest growth rate during the forecast period.
Based on region, the pumps market cover growth opportunities and latest trends across North America, Europe, Asia Pacific, Middle East, Africa, and South America.
Regional Analysis
Region wise, North America held the largest market share of the global Centrifugal Pump market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment infrastructure development. Moreover, he increased demand from the water and wastewater sector, moderate demand from constructions sector, rising urbanization, and supportive government plans are expected to drive the market for centrifugal pumps in Asia Pacific region. The pumps market would be mainly driven by the growing need for water conservation in the countries such as US and Canada.
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List Of Tables
Table 1 Global Centrifugal Pump Market, By Region, 2016-2023 (USD Million)
Table 2 North America Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 5 Middle East Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 6 Africa Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 7 South America Centrifugal Pump Market, By Country, 2016-2023 (USD Million)
Table 8 Global Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 9 North America Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 10 Europe Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 11 Middle East Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 12 Africa Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 13 South America Centrifugal Pump Market, By Type, 2016-2023 (USD Million)
Table 14 Global Centrifugal Pump Market, By Stage, 2016-2023 (USD Million)
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