Press release
Centrifugal Pump Market size to exceed $65.38 Billion by 2035 | Grundfos Holding A/S, Xylem Inc., Flowserve Corporation, Sulzer Ltd., KSB SE & Co. KGaA
Centrifugal Pump Market
The centrifugal pump market is undergoing a period of steady transformation driven by industrial modernization, water infrastructure upgrades, and the rising need for energy-efficient pumping technologies. With a 2025 market size of USD 39.79 billion, the industry is expected to accelerate toward USD 65.38 billion by 2035, supported by a 5.3% CAGR between 2026 and 2035. This expansion reflects the sector's critical role across water treatment, manufacturing, oil & gas, and chemical processing-industries that anchor global economic stability.
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Regional Performance Highlights
Asia Pacific continues to dominate the centrifugal pump landscape, projected to achieve a 42.2% share by 2035. Rapid urbanization, water scarcity challenges, large-scale desalination projects, and manufacturing investments make APAC the most dynamic region. Countries such as China, India, South Korea, and Indonesia continue to make heavy investments in municipal water infrastructure and industrial fluid handling.
North America, with an anticipated 18.2% share by 2035, remains a technologically mature market characterized by high adoption of digital monitoring systems, predictive maintenance solutions, and energy-efficient pumps. The region's established oil & gas infrastructure and increasing focus on wastewater recycling also support long-term growth.
Europe, expected to hold a 16.9% share by 2035, is shaped by strict regulatory frameworks and sustainability mandates. EU-led initiatives to reduce industrial emissions, optimize energy consumption, and upgrade municipal water networks are pushing industries toward advanced centrifugal pumps with higher efficiency ratings.
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Market Segmentation
The single-stage pump segment, projected to capture 35.2% share by 2035, remains the backbone of the global market. These pumps dominate due to their simplicity, low cost, and wide applicability across water supply, irrigation, HVAC systems, and general industrial operations.
Meanwhile, the water and wastewater segment is forecasted to secure 28.2% share by 2035, reflecting a broader global push toward sustainable water management. Urban population expansion, rising wastewater generation, and stricter effluent norms have positioned centrifugal pumps as indispensable to treatment plants, desalination units, and municipal water distribution networks.
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Top Market Trends
1: Digitalization and Smart Pump Technologies
Digital transformation is reshaping the centrifugal pump market through integrated sensors, cloud connectivity, and AI-enabled diagnostics. Industries are shifting from reactive to predictive maintenance, reducing downtime and achieving substantial energy savings.
Example: Leading pump manufacturers have introduced smart pump systems that continuously track vibration, pressure, and flow, sending real-time alerts to maintenance teams. This approach significantly reduces the risk of pump failure and minimizes operational costs.
2: Sustainability and Energy Efficiency Prioritization
As environmental regulations strengthen globally, industries are under pressure to adopt energy-efficient pumping solutions. Modern centrifugal pumps are incorporating optimized hydraulic designs, eco-friendly materials, and low-power motors that align with sustainability goals.
Example: European industrial plants increasingly adopt pumps compliant with EU Ecodesign regulations, which push for reduced energy consumption and lower carbon footprints.
3: Infrastructure Modernization and Water Security Initiatives
Governments worldwide are investing heavily in water infrastructure to address issues such as urbanization, scarcity, and contamination. This has increased the demand for advanced centrifugal pumps across desalination plants, wastewater treatment facilities, and stormwater management systems.
Example: APAC governments have launched major water recycling programs, creating large-volume opportunities for pump manufacturers to supply corrosion-resistant, high-capacity pumps.
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Recent Company Developments
1. Grundfos
Grundfos expanded its smart pump portfolio with new digitally connected pump systems designed for industrial water applications. The company also invested in enhancing its IoT platform to improve remote monitoring capabilities.
2. Xylem Inc.
Xylem announced a major acquisition aimed at expanding its water infrastructure solutions. The company launched next-generation pumps with improved hydraulic efficiency and enhanced sustainability features for municipal operations.
3. KSB SE & Co. KGaA
KSB introduced advanced centrifugal pumps specifically engineered for high-temperature chemical processing. The firm also opened a new service facility to improve aftermarket maintenance support.
4. Sulzer Ltd.
Sulzer strengthened its presence in the Middle East by securing contracts for wastewater treatment plants. The company rolled out upgraded pump models focusing on lower energy consumption and higher resistance to abrasive materials.
5. Wilo SE
Wilo launched a new line of high-efficiency single-stage pumps with integrated digital controllers. It also expanded its manufacturing operations in Asia to meet rising regional demand.
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➤ Related news:
https://www.linkedin.com/pulse/how-permanent-magnet-motors-powering-future-smart-industries-umfsf
https://www.linkedin.com/pulse/what-powering-ongoing-evolution-industrial-lead-acid-qreyf
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