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Centrifugal Water Pump Market Set to Reach USD 47.51 Billion by 2030

01-07-2025 01:10 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Centrifugal Water Pump Market

Centrifugal Water Pump Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global centrifugal water pump market, valued at USD 36.57 billion in 2023, is projected to reach USD 47.51 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.81% during the forecast period.

๐†๐ž๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/31673/

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

Centrifugal pumps are mechanical devices designed to move liquids through the transfer of rotational energy via impellers. They are extensively used for water pumping in both industrial and residential settings. Key drivers of market growth include advancements in pump automation, increased efficiency, reduced energy consumption, and rising demand from sectors such as agriculture and industrial processes. However, challenges such as limitations in handling high-pressure and viscous liquids may impede growth.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

The Asia-Pacific region is anticipated to lead the market, driven by substantial infrastructure development in countries like China, India, and Indonesia. For instance, under its 13th Five-Year Plan (2018-2022), China planned to invest around RMB 559 billion in its water treatment industry, bolstering the demand for centrifugal pumps.

In December 2018, the U.S. Department of Energy announced plans to invest USD 100 million in energy-water desalination hubs, indicating a positive outlook for the centrifugal pump market in the region.

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's rapid industrialization and urbanization have led to increased investments in water infrastructure projects. The government's focus on improving water supply and sanitation facilities is expected to create significant opportunities for centrifugal pump manufacturers.

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's expanding agricultural sector, coupled with initiatives to enhance irrigation systems, is driving the demand for efficient water pumps. Additionally, the development of industrial estates is contributing to market growth.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: //www.maximizemarketresearch.com/request-sample/31673/

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's emphasis on technological innovation has led to the adoption of advanced centrifugal pumps in various industries, including chemical processing and wastewater treatment. The focus on energy efficiency and environmental sustainability is further influencing market trends.

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's robust industrial base, particularly in sectors like electronics and automotive manufacturing, necessitates reliable water pumping solutions. The consolidation of key market players through mergers and acquisitions is enhancing the industry's competitive landscape.

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's commitment to water resource management and its status as a global business hub are driving the adoption of state-of-the-art centrifugal pump technologies. Continuous updates in infrastructure and emphasis on smart water management systems are propelling market growth.

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The U.S. is witnessing increased investments in energy-water desalination projects, creating opportunities for centrifugal pump manufacturers. The focus on infrastructure modernization and sustainable water management practices is further supporting market expansion.

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's stringent environmental regulations and commitment to renewable energy sources are driving the demand for efficient centrifugal pumps. The region's focus on wastewater treatment and sustainable industrial practices is contributing to market growth.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

In June 2024, ๐“๐ž๐œ๐ก๐ง๐ข๐ฉ๐…๐Œ๐‚ ๐ฉ๐ฅ๐œ collaborated with ๐’๐ฎ๐ฅ๐ณ๐ž๐ซ ๐…๐ฅ๐จ๐ฐ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ to develop new subsea carbon dioxide (COโ‚‚) pump systems, enhancing capabilities in carbon capture and storage applications.
In 2021, ๐ˆ๐ƒ๐„๐— ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง completed the acquisition of ๐€๐ข๐ซ๐ญ๐ž๐œ๐ก ๐†๐ซ๐จ๐ฎ๐ฉ ๐ˆ๐ง๐œ., strengthening its position in the centrifugal pump market.

๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง

The global centrifugal water pump market is set for substantial growth, driven by technological advancements, increasing infrastructure development, and a focus on efficient water management solutions across various regions.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/31673/

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐’๐ญ๐š๐ ๐ž

Single Stage
Multistage

๐›๐ฒ ๐๐ฎ๐ฆ๐ฉ ๐“๐ฒ๐ฉ๐ž

Overhung Impeller
Vertically Suspended
Between Bearing

๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ

Industrial
Commercial and Residential

๐’๐ž๐ž๐ค๐ข๐ง๐  ๐š ๐ญ๐ก๐จ๐ซ๐จ๐ฎ๐ ๐ก ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ ? ๐ƒ๐ข๐ฏ๐ž ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐ฌ๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-centrifugal-water-pump-market/31673/

๐‚๐ž๐ง๐ญ๐ซ๐ข๐Ÿ๐ฎ๐ ๐š๐ฅ ๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ฆ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1. TT (US)
2. Flowserve (US)
3. KSB (Germany)
4. Sulzer (Switzerland)
5. Grundfos (Denmark)
6. Xylem Inc.
7. Sulzer
8. Danfoss A/S
9. Wilo SE.
10.Weir Group PLC.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

Solar Panel Market https://www.maximizemarketresearch.com/market-report/solar-panel-market/188556/

Global Antimicrobial Susceptibility Testing Market https://www.maximizemarketresearch.com/market-report/global-antimicrobial-susceptibility-testing-market/1281/

Global Agricultural Biotechnology Market https://www.maximizemarketresearch.com/market-report/global-agricultural-biotechnology-market/117190/

Gamification Market https://www.maximizemarketresearch.com/market-report/gamification-market/12975/

Global Plastic Packaging Market https://www.maximizemarketresearch.com/market-report/global-plastic-packaging-market/31840/

Alcoholic Beverages Market https://www.maximizemarketresearch.com/market-report/global-alcoholic-beverages-market/27601/

Polyethylene Market https://www.maximizemarketresearch.com/market-report/global-polyethylene-market/84188/

Speech To Speech Translation Market https://www.maximizemarketresearch.com/market-report/speech-to-speech-translation-market/188460/

Beer Market https://www.maximizemarketresearch.com/market-report/global-beer-market/83214/

Global Focused Ion Beam Market https://www.maximizemarketresearch.com/market-report/focused-ion-beam-market/12057/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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marketstudyreport.com
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled โ€œ2017-2024 Global HVAC Centrifugal Compressors Market Reportโ€ provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years. HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report. Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals areโ€ฆ