Centrifugal Pump Market

Category : Mechanics & Equipment Reports | Delivery Format : PDF,PPT | Publisher: Reports and Insights | Pages : 333

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Centrifugal Pump Market Overview

The report is titled ‘Centrifugal Pump Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the centrifugal pump market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The centrifugal pump market is expected to grow at a significant rate in the near future.

The global centrifugal pump market was valued US$ 34.1 Bn at the end of 2020 and expected to reach at a value of US$ 53.1 Bn by 2028 with a significant CAGR of 5.7%.

Centrifugal Pump Introduction

Centrifugal pump can be perceived as a mechanized device intended to stir and drive a fluid by way of the transference of rotatory force from a single or more than one driven rotors, known as impellers. The fluid embarks the briskly spinning impeller past its pivot and is tossed out by centrifugal force past its periphery through the impeller’s blade tips. The movement of the impeller escalates the fluid’s pressure and velocity and also leads it around the pump output. The pump sheath is particularly designed to compress the fluid from the pump intake, lead it into the impeller and further slow it down and regulate the fluid before release.

Centrifugal Pump Market Dynamics

The centrifugal pumps majorly finds application in moving fluids like water or any other fluids, and thus it serves great utility in water and wastewater management industries, chemical, oil & gas and other industries across the world, which primarily boosts the growth of the global centrifugal pump market.

Additionally, the higher investments in wastewater treatment plants and systems is also playing a positive role in accelerating the growth of the global centrifugal pump market.

By the same token, the swiftly evolving industrial, commercial as well as residential infrastructure further stimulates the demand of centrifugal pumps for several different uses. Owing to which, the global centrifugal pump market is expected to develop substantially over the forthcoming years.

Also, in present times, the revolutionizing manufacturing sector associated with various industry vertices posing huge demand for centrifugal pumps is also majorly expected to propel the growth of the global centrifugal pump market in the years to come.

However, the sluggish growth of the oil & gas industry in the current times, owing to the decreased investments in new projects as well as termination or annulment of existing projects, is likely to hold back the growth of the global centrifugal pump market over the coming years.

Centrifugal Pump Market Image

Centrifugal Pump Market Segmentation

The global centrifugal pump market is segmented on the basis of pump type, stage, end-use and regions. On the basis of pump type, the centrifugal pump market is segmented into overhung impeller, vertically suspended, and between bearings. On the basis of stage, the market is categorized into Single Stage and Multistage. On the basis of end-user, the market is divided into industrial, commercial and residential.

The research report classifies the global centrifugal pump market based on pump type, stage, end-use, and regions.

By Pump Type

Overhung Impeller

Vertically Suspended

Between Bearing

By Stage

Single Stage

Multistage

By End User

Industrial

Commercial and Residential

By Region

North America

Latin America

Africa

Europe

Asia Pacific

Middle East

Centrifugal Pump Market Key Players

Key participating players in global centrifugal pump market are Grundfos, Xylem, KSB, Flowserve, Sulzer,  Wilo, Weir, ITT Corporation, CIRCOR International, Baker Hughes, Gardner Denver, Pentair, Ebara Corporation, Kirloskar Brothers Limited, Tsurumi Manufacturing, Leo, HCP Pump, Proril, CNP Pumps, PSP Pumps, Zhejiang Doyin Technology, Alfa Laval, SPT Pumpen, Grindex, Xavitech, Vansan, Griswold (A PSG Dover Company), Schlumberger, Mody Pumps, and WEG.

MMC Overview on Centrifugal Pump Market Report

The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the centrifugal pump market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of centrifugal pump

Advantage of centrifugal pump

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.


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1.    Global Centrifugal Pump Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Centrifugal Pump Market Overview

2.1.    Introduction

2.1.1.    Introduction

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Centrifugal Pump Market Snapshot

2.4.    Global Centrifugal Pump Market Size And Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Centrifugal Pump Market Dynamics

2.5.1.    Drivers

2.5.2.    RestraintsË™

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    SWOT Analysis

3.    Centrifugal Pump Assessment and Analysis

3.1.    Centrifugal Pump Impact Analysis 

3.2.    Actions to encourage use of Centrifugal Pump

3.3.    Centrifugal Pump Promotional Strategy Recommendation

3.4.    Road Map Analysis

3.5.    GAP Analysis

3.6.    Potential Analysis

4.    Covid-19 Impact on Centrifugal Pump Market

4.1.    Impact Analysis of Covid-19 on the global Centrifugal Pump market

4.2.    Effect On Value Chain

4.3.    Business Impact W.R.T Revenue 

4.4.    Fluctuation In Production

4.5.    Volatility In Price 

4.6.    Effect On The Overall Trade 

4.7.    Market Impact Analysis In 2020 (Quarter Wise)

5.    Global Centrifugal Pump Market, By Pump Type

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Pump Type

5.1.2.    BPS Analysis, By Pump Type

5.2.    Market Revenue (US$Mn) and Forecast, By Pump Type

5.2.1.    Overhung Impeller

5.2.2.    Vertically Suspended

5.2.3.    Between Bearing

5.3.    Global Centrifugal Pump Market Attractiveness Index, By Pump Type

6.    Global Centrifugal Pump Market, By Stage

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Stage

6.1.2.    BPS Analysis, By Stage

6.2.    Market Revenue (US$Mn) and Forecast, By Stage

6.2.1.    Single Stage

6.2.2.    Multistage

6.3.    Global Centrifugal Pump Market Attractiveness Index, By Stage

7.    Global Centrifugal Pump Market, By End-Use

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By End-Use

7.1.2.    BPS Analysis, By End-Use

7.2.    Market Revenue (US$Mn) and Forecast, By End-Use

7.2.1.    Industrial

7.2.2.    Commercial and Residential

7.3.    Global Centrifugal Pump Market Attractiveness Index, By End-Use

8.    Global Centrifugal Pump Market, By Region

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Region

8.1.2.    BPS Analysis, By Region

8.2.    Market Revenue (US$Mn) and Forecast, By Region

8.2.1.    North America

8.2.2.    Latin America

8.2.3.    Europe

8.2.4.    Asia Pacific

8.2.5.    Middle East 

8.2.6.    Africa

8.3.    Global Centrifugal Pump Market Attractiveness Index, By Region

9.    North America Centrifugal Pump Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market Revenue (US$Mn) and Forecast, By Country

9.2.1.    U.S. Centrifugal Pump Market

9.2.2.    Canada Centrifugal Pump Market

9.3.    North America Centrifugal Pump Market, By Pump Type

9.3.1.    Overhung Impeller

9.3.2.    Vertically Suspended

9.3.3.    Between Bearing

9.4.    North America Centrifugal Pump Market Revenue (US$Mn) and Forecast, By Stage

9.4.1.    Single Stage

9.4.2.    Multistage

9.5.    North America Centrifugal Pump Market Revenue (US$Mn) and Forecast, By End-Use

9.5.1.    Industrial

9.5.2.    Commercial and residential

9.6.    North America Centrifugal Pump Market Attractiveness Index

9.6.1.    By Country

9.6.2.    By Pump Type

9.6.3.    By Stage

9.6.4.    By End Use

10.    Latin America Centrifugal Pump Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    Brazil Centrifugal Pump Market

10.2.2.    Mexico Centrifugal Pump Market

10.2.3.    Rest Of Latin America Centrifugal Pump Market

10.3.    Latin America Centrifugal Pump Market, By Pump Type

10.3.1.    Overhung Impeller

10.3.2.    Vertically Suspended

10.3.3.    Between Bearing

10.4.    Latin America Centrifugal Pump Market Revenue (US$Mn) and Forecast, By Stage

10.4.1.    Single Stage

10.4.2.    Multistage

10.5.    Latin America Centrifugal Pump Market Revenue (US$Mn) and Forecast, By End-Use

10.5.1.    Industrial

10.5.2.    Commercial and residential

10.6.    Latin America Centrifugal Pump Market Attractiveness Index

10.6.1.    By Country

10.6.2.    By Pump Type

10.6.3.    By Stage

10.6.4.    By End Use

11.    Europe Centrifugal Pump Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    U.K. Centrifugal Pump Market

11.2.2.    Germany Centrifugal Pump Market

11.2.3.    Italy Centrifugal Pump Market

11.2.4.    France Centrifugal Pump Market

11.2.5.    Spain Centrifugal Pump Market

11.2.6.    Russia Centrifugal Pump Market

11.2.7.    Rest Of Europe Centrifugal Pump Market

11.3.    Europe Centrifugal Pump Market, By Pump Type

11.3.1.    Overhung Impeller

11.3.2.    Vertically Suspended

11.3.3.    Between Bearing

11.4.    Europe Centrifugal Pump Market Revenue (US$Mn) and Forecast, By Stage

11.4.1.    Single Stage

11.4.2.    Multistage

11.5.    Europe Centrifugal Pump Market Revenue (US$Mn) and Forecast, By End-Use

11.5.1.    Industrial

11.5.2.    Commercial and residential

11.6.    Europe Centrifugal Pump Market Attractiveness Index

11.6.1.    By Country

11.6.2.    By Pump Type

11.6.3.    By Stage

11.6.4.    By End Use

12.    Asia Pacific Centrifugal Pump Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market (US$Mn) Forecast, By Country

12.2.1.    China Centrifugal Pump Market

12.2.2.    India Centrifugal Pump Market

12.2.3.    Japan Centrifugal Pump Market

12.2.4.    Australia and New Zealand Centrifugal Pump Market

12.2.5.    South Korea Centrifugal Pump Market

12.2.6.    Rest of Asia Pacific Centrifugal Pump Market

12.3.    Asia Pacific Centrifugal Pump Market, By Pump Type

12.3.1.    Overhung Impeller

12.3.2.    Vertically Suspended

12.3.3.    Between Bearing

12.4.    Asia Pacific Centrifugal Pump Market Revenue (US$Mn) and Forecast, By Stage

12.4.1.    Single Stage

12.4.2.    Multistage

12.5.    Asia Pacific Centrifugal Pump Market Revenue (US$Mn) and Forecast, By End-Use

12.5.1.    Industrial

12.5.2.    Commercial and residential

12.6.    Asia Pacific Centrifugal Pump Market Attractiveness Index

12.6.1.    By Country

12.6.2.    By Pump Type

12.6.3.    By Stage

12.6.4.    By End Use

13.    Middle East Centrifugal Pump Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market (US$Mn) Forecast, By Country

13.2.1.    GCC Countries Centrifugal Pump Market

13.2.2.    Israel Centrifugal Pump Market

13.2.3.    Rest Of Middle East Centrifugal Pump Market

13.3.    Middle East Centrifugal Pump Market, By Pump Type

13.3.1.    Overhung Impeller

13.3.2.    Vertically Suspended

13.3.3.    Between Bearing

13.4.    Middle East Centrifugal Pump Market Revenue (US$Mn) and Forecast, By Stage

13.4.1.    Single Stage

13.4.2.    Multistage

13.5.    Middle East Centrifugal Pump Market Revenue (US$Mn) and Forecast, By End-Use

13.5.1.    Industrial

13.5.2.    Commercial and residential

13.6.    Middle East Centrifugal Pump Market Attractiveness Index

13.6.1.    By Country

13.6.2.    By Pump Type

13.6.3.    By Stage

13.6.4.    By End Use

14.    Africa Centrifugal Pump Market Analysis and Forecast, 2020–2028

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market (US$Mn) Forecast, By Country

14.2.1.    South Africa Countries Centrifugal Pump Market

14.2.2.    Egypt Centrifugal Pump Market

14.2.3.    North Africa Centrifugal Pump Market

14.2.4.    Rest of Africa Centrifugal Pump Market

14.3.    Africa Centrifugal Pump Market, By Pump Type

14.3.1.    Overhung Impeller

14.3.2.    Vertically Suspended

14.3.3.    Between Bearing

14.4.    Africa Centrifugal Pump Market Revenue (US$Mn) and Forecast, By Stage

14.4.1.    Single Stage

14.4.2.    Multistage

14.5.    Africa Centrifugal Pump Market Revenue (US$Mn) and Forecast, By End-Use

14.5.1.    Industrial

14.5.2.    Commercial and residential

14.6.    Africa Centrifugal Pump Market Attractiveness Index

14.6.1.    By Country

14.6.2.    By Pump Type

14.6.3.    By Stage

14.6.4.    By End Use

15.    Competitive Landscape

15.1.    Company Profiles

15.1.1.    Grundfos

15.1.1.1.    Company Overview

15.1.1.2.    Financial Overview

15.1.1.3.    Key Developments

15.1.1.4.    Strategies

15.1.1.5.    Product Analysis

15.1.2.    Xylem

15.1.3.    KSB

15.1.4.    Flowserve

15.1.5.    Sulzer

15.1.6.    Wilo

15.1.7.    Weir

15.1.8.    ITT Corporation

15.1.9.    CIRCOR International

15.1.10.    Baker Hughes

15.1.11.    Gardner Denver

15.1.12.    Pentair

15.1.13.    Ebara Corporation

15.1.14.    Kirloskar Brothers Limited

15.1.15.    Tsurumi Manufacturing

15.1.16.    Leo

15.1.17.    HCP Pump

15.1.18.    Proril

15.1.19.    CNP Pumps

15.1.20.    PSP Pumps

15.1.21.    Zhejiang Doyin Technology

15.1.22.    Alfa Laval

15.1.23.    SPT Pumpen

15.1.24.    Grindex

15.1.25.    Xavitech

15.1.26.    Vansan

15.1.27.    Griswold (A PSG Dover Company)

15.1.28.    Schlumberger

15.1.29.    Mody Pumps

15.1.30.    WEG.

16.    Acronyms

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Frequently Asked Questions

The global centrifugal pump market was valued US$ 34.1 Bn at the end of 2020 and expected to reach at a value of US$ 53.1 Bn by 2028 with a significant CAGR of 5.7%.

The centrifugal pumps majorly finds application in moving fluids like water or any other fluids, and thus it serves great utility in water and wastewater management industries, chemical, oil & gas and other industries across the world, which primarily boosts the growth of the global centrifugal pump market Additionally, the higher investments in wastewater treatment plants and systems is also playing a positive role in accelerating the growth of the global centrifugal pump market.

The research report classifies the global centrifugal pump market based on pump type, stage, end-use, and regions.

Grundfos, Xylem, KSB, Flowserve, Sulzer, Wilo, Weir, ITT Corporation, CIRCOR International, Baker Hughes, Gardner Denver, Pentair, Ebara Corporation, Kirloskar Brothers Limited, Tsurumi Manufacturing, Leo, HCP Pump, Proril, CNP Pumps, PSP Pumps, Zhejiang Doyin Technology, Alfa Laval, SPT Pumpen, Grindex, Xavitech, Vansan, Griswold (A PSG Dover Company), Schlumberger, Mody Pumps, and WEG are the key participating players in the market