Centrifugal Pump Global Market Report 2024

Global Centrifugal Pump Market Report 2024

Centrifugal Pump Global Market Report 2024 – By Type (Overhung Impeller, Between Bearing, Vertically Suspended), By Stage (Single Stage, Multistage), By Operation (Electrical, Air-Driven, Hydraulic), By End-User (Industrial, Agricultural, Domestic ) – Market Size, Trends, And Global Forecast 2024-2033

Name: Centrifugal Pump Global Market Report 2024
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Centrifugal Pump Global Market Report 2024

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Centrifugal Pump Market Definition

A centrifugal pump is a mechanical device that moves fluids by converting rotational kinetic energy from an electric motor or engine into hydrodynamic energy. It uses a rotating impeller to create a liquid flow through the pump. Centrifugal pumps are widely used in various industries, including water and wastewater treatment, chemical processing, and oil and gas. They are known for their efficiency, reliability, and capability to handle high flow rates.

The main types of centrifugal pumps are overhung impellers, between bearings, vertically suspended. Vertically suspended pumps are designed to operate in a vertical orientation, allowing them to be submerged in water or other fluids. The various stages include single-stage, and multistage with various operations such as electrical, air-driven, and hydraulic. These are used by various end-users such as industrial, agricultural, and domestic.

Centrifugal Pump Market Segmentation

The centrifugal pump market covered in this report is segmented –

1) By Type: Overhung Impeller, Between Bearing, Vertically Suspended

2) By Stage: Single Stage, Multistage

3) By Operation: Electrical, Air-Driven, Hydraulic

4) By End-User: Industrial, Agricultural, Domestic

Global Centrifugal Pump Market Size 2023 to 2028: Graph

Centrifugal Pump Market Size 2024 And Growth Rate

The centrifugal pump market size has grown strongly in recent years. It will grow from $38.64 billion in 2023 to $40.85 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to rising demand for agriculture, increased adoption of solar-water pumps, rising demand for food production, rising residential and commercial infrastructure, and a rising aging population.

Centrifugal Pump Market Growth Forecast

The centrifugal pump market size is expected to see strong growth in the next few years. It will grow to $51.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing single-stage centrifugal pumps, increasing demand for freshwater, growing demand for electric variants, increasing expenditures on construction, and increasing oil and gas production. Major trends in the forecast period include technological advancements, adopting solar-based centrifugal pumps, implementing modern technologies, developing advanced technologies, and developing energy-efficient centrifugal pumps.

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Centrifugal Pump Market Driver: Centrifugal Pumps Market Growth Driven By Expansion In The Agriculture Sector

The expansion of the agriculture sector is expected to propel the growth of the centrifugal pumps market going forward. The agriculture sector refers to the part of the economy that involves producing, processing, and distributing crops, livestock, and other agricultural products. The expansion of the agriculture sector is due to shifts in dietary patterns, growing awareness of environmental issues, and increased investment in agricultural research, development, and infrastructure. Centrifugal pumps enhance agricultural efficiency and productivity by providing reliable and effective solutions for water management, irrigation, and related tasks. For instance, in February 2024, according to the Department for Environment Food & Rural Affairs reports, a UK-based government agency, the average farm business income (FBI) across all UK farms increased significantly from $50,461 (£46,500) in 2020/21 to $78,133(£72,000) in 2021/22. Therefore, the expansion of the agriculture sector drives the centrifugal pumps market.

Global Centrifugal Pump Market Major Players

Major companies operating in the centrifugal pump market are General Electric Company, Dover Corporation, Schlumberger Ltd., Baker Hughes Co., Ingersoll Rand Inc., WEG S.A., Alfa Laval AB, Ebara Corporation, Grundfos Holding A/S, Pentair plc, Flowserve Corporation, Sulzer Brothers Ltd., ITT Inc., Weir Group plc, Gardner Denver LLC, CIRCOR International Inc., Ruhrpumpen Group, DESMI A/S, Shakti Pump Ltd., HERMETIC-Pumpen GmbH, Klaus Union GmbH & Co. KG, CP Pumpen AG, HOMA Pumpenfabrik GmbH, The PROLAC HCP Pump, Mody Pumps Inc., PSP Pumps Pvt. Ltd.

Global Centrifugal Pump Market Trend: Innovations In Centrifugal Pump Technology With The Rise Of Magnetic Drive Pumps For Enhanced Efficiency And Safety

Major companies operating in the centrifugal pump market are focusing on developing innovative products such as magnetic drive (mag-drive) pumps to enhance efficiency, reduce maintenance, and improve safety by eliminating the need for shaft seals. Magnetic drive pumps, also known as mag-drive pumps, are a type of centrifugal pump designed to eliminate the need for traditional shaft seals, reducing maintenance costs and preventing leaks of hazardous fluids. For instance, in February 2024, DESMI, a Denmark-based industrial pump company, launched its mag-drive centrifugal pumps designed to handle corrosive and volatile fluids safely. These pumps feature a hermetically sealed design and an efficient magnetic coupling system, ensuring reliable and safe operation in challenging environments. This pump technology enhances operational safety and efficiency, catering to industries requiring stringent fluid handling standards, such as chemical processing and pharmaceuticals.

Centrifugal Pump Market Merger And Acquisition: KSB acquires Bharat Pumps

In March 2023, KSB, a German-based company specializing in the manufacturing of pumps, acquires Bharat Pumps for an undisclosed amount. With this acquisition, Bharat Pumps and Compressors aims to strengthen its pump business in India. This strategic move allows KSB to become the sole owner of the technology related to various pump products, including reciprocating and centrifugal pumps. Bharat Pumps is an India-based company that specializes in the manufacture of various types of pumps, including reciprocating pumps and centrifugal pumps.

Regional Insights For The Global Centrifugal Pump Market

Asia-Pacific was the largest region in the centrifugal pump market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the centrifugal pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the centrifugal pump market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The centrifugal pump market consists of sales of inline pumps, vertical pumps, submersible pumps, end suction pumps, and horizontal split case pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The centrifugal pumps market research report is one of a series of new reports from The Business Research Company that provides centrifugal pumps market statistics, including centrifugal pump industry global market size, regional shares, competitors with a centrifugal pumps market share, detailed centrifugal pumps market segments, market trends, and opportunities, and any further data you may need to thrive in the centrifugal pump industry. This centrifugal pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Centrifugal Pump Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2024	$ 29.23 Billion
Revenue Forecast In 2033	$ 34.73 Billion
Growth Rate	CAGR of 4.40% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Overhung Impeller, Between Bearing, Vertically Suspended 2) By Stage: Single Stage, Multistage 3) By Operation: Electrical, Air-Driven, Hydraulic 4) By End-User: Industrial, Agricultural, Domestic
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	General Electric Company, Dover Corporation, Schlumberger Ltd., Baker Hughes Co., Ingersoll Rand Inc., WEG S.A., Alfa Laval AB, Ebara Corporation, Grundfos Holding A/S, Pentair plc, Flowserve Corporation, Sulzer Brothers Ltd., ITT Inc., Weir Group plc, Gardner Denver LLC, CIRCOR International Inc., Ruhrpumpen Group, DESMI A/S, Shakti Pump Ltd., HERMETIC-Pumpen GmbH, Klaus Union GmbH & Co. KG, CP Pumpen AG, HOMA Pumpenfabrik GmbH, The PROLAC HCP Pump, Mody Pumps Inc., PSP Pumps Pvt. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Centrifugal Pump Market Characteristics

3. Centrifugal Pump Market Trends And Strategies

4. Centrifugal Pump Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Centrifugal Pump Market Size and Growth

5.1. Global Centrifugal Pump Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Centrifugal Pump Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Centrifugal Pump Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Centrifugal Pump Market Segmentation

6.1. Global Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Overhung Impeller

Between Bearing

Vertically Suspended

6.2. Global Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Single Stage

Multistage

6.3. Global Centrifugal Pump Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Electrical

Air-Driven

Hydraulic

6.4. Global Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Industrial

Agricultural

Domestic

7. Centrifugal Pump Market Regional And Country Analysis

7.1. Global Centrifugal Pump Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Centrifugal Pump Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Centrifugal Pump Market

8.1. Asia-Pacific Centrifugal Pump Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Centrifugal Pump Market

9.1. China Centrifugal Pump Market Overview

9.2. China Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Centrifugal Pump Market

10.1. India Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Centrifugal Pump Market

11.1. Japan Centrifugal Pump Market Overview

11.2. Japan Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Centrifugal Pump Market

12.1. Australia Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Centrifugal Pump Market

13.1. Indonesia Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Centrifugal Pump Market

14.1. South Korea Centrifugal Pump Market Overview

14.2. South Korea Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Centrifugal Pump Market

15.1. Western Europe Centrifugal Pump Market Overview

15.2. Western Europe Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Centrifugal Pump Market

16.1. UK Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Centrifugal Pump Market

17.1. Germany Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Centrifugal Pump Market

18.1. France Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Centrifugal Pump Market

19.1. Italy Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Centrifugal Pump Market

20.1. Spain Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Centrifugal Pump Market

21.1. Eastern Europe Centrifugal Pump Market Overview

21.2. Eastern Europe Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Centrifugal Pump Market

22.1. Russia Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Centrifugal Pump Market

23.1. North America Centrifugal Pump Market Overview

23.2. North America Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Centrifugal Pump Market

24.1. USA Centrifugal Pump Market Overview

24.2. USA Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Centrifugal Pump Market

25.1. Canada Centrifugal Pump Market Overview

25.2. Canada Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Centrifugal Pump Market

26.1. South America Centrifugal Pump Market Overview

26.2. South America Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Centrifugal Pump Market

27.1. Brazil Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Centrifugal Pump Market

28.1. Middle East Centrifugal Pump Market Overview

28.2. Middle East Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Centrifugal Pump Market

29.1. Africa Centrifugal Pump Market Overview

29.2. Africa Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Centrifugal Pump Market Competitive Landscape And Company Profiles

30.1. Centrifugal Pump Market Competitive Landscape

30.2. Centrifugal Pump Market Company Profiles

30.2.1. General Electric Company

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Dover Corporation

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Schlumberger Ltd.

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Baker Hughes Co.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Ingersoll Rand Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Centrifugal Pump Market Other Major And Innovative Companies

31.1. WEG S.A.

31.2. Alfa Laval AB

31.3. Ebara Corporation

31.4. Grundfos Holding A/S

31.5. Pentair plc

31.6. Flowserve Corporation

31.7. Sulzer Brothers Ltd.

31.8. ITT Inc.

31.9. Weir Group plc

31.10. Gardner Denver LLC

31.11. CIRCOR International Inc.

31.12. Ruhrpumpen Group

31.13. DESMI A/S

31.14. Shakti Pump Ltd.

31.15. HERMETIC-Pumpen GmbH

32. Global Centrifugal Pump Market Competitive Benchmarking

33. Global Centrifugal Pump Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Centrifugal Pump Market

35. Centrifugal Pump Market Future Outlook and Potential Analysis

35.1 Centrifugal Pump Market In 2028 - Countries Offering Most New Opportunities

35.2 Centrifugal Pump Market In 2028 - Segments Offering Most New Opportunities

35.3 Centrifugal Pump Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Figure 1:

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Figure 3: Global Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 4: Global Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 5: Global Centrifugal Pump Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 6: Global Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 7: Global Centrifugal Pump Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 8: Global Centrifugal Pump Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 9: Asia-Pacific, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 10: Asia-Pacific, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 11: Asia-Pacific, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 12: China, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 13: China, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 14: China, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 15: India, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 16: India, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 17: India, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 18: Japan, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 19: Japan, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 20: Japan, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 21: Australia, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 22: Australia, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 23: Australia, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 24: Indonesia, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 25: Indonesia, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 26: Indonesia, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 27: South Korea, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 28: South Korea, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 29: South Korea, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 30: Western Europe, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 31: Western Europe, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 32: Western Europe, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 33: UK, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 34: UK, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 35: UK, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 36: Germany, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 37: Germany, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 38: Germany, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 39: France, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 40: France, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 41: France, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 42: Italy, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 43: Italy, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 44: Italy, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 45: Spain, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 46: Spain, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 47: Spain, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 48: Eastern Europe, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 49: Eastern Europe, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 50: Eastern Europe, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 51: Russia, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 52: Russia, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 53: Russia, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 54: North America, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 55: North America, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 56: North America, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 57: USA, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 58: USA, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 59: USA, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 60: Canada, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 61: Canada, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 62: Canada, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 63: South America, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 64: South America, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 65: South America, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 66: Brazil, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 67: Brazil, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 68: Brazil, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 69: Middle East, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 70: Middle East, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 71: Middle East, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 72: Africa, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 73: Africa, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 74: Africa, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Figure 75: General Electric Company Financial Performance
Figure 76: Dover Corporation Financial Performance
Figure 77: Schlumberger Ltd. Financial Performance
Figure 78: Baker Hughes Co. Financial Performance
Figure 79: Ingersoll Rand Inc. Financial Performance

List Of Figures

Table 1:

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Centrifugal Pump Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 6: Global Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 7: Global Centrifugal Pump Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 8: Global Centrifugal Pump Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 9: Asia-Pacific, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 10: Asia-Pacific, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 11: Asia-Pacific, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 12: China, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 13: China, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 14: China, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 15: India, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 16: India, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 17: India, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 18: Japan, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 19: Japan, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 20: Japan, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 21: Australia, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 22: Australia, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 23: Australia, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 24: Indonesia, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 25: Indonesia, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 26: Indonesia, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 27: South Korea, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 28: South Korea, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 29: South Korea, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 30: Western Europe, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 31: Western Europe, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 32: Western Europe, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 33: UK, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 34: UK, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 35: UK, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 36: Germany, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 37: Germany, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 38: Germany, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 39: France, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 40: France, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 41: France, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 42: Italy, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 43: Italy, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 44: Italy, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 45: Spain, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 46: Spain, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 47: Spain, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 48: Eastern Europe, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 49: Eastern Europe, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 50: Eastern Europe, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 51: Russia, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 52: Russia, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 53: Russia, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 54: North America, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 55: North America, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 56: North America, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 57: USA, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 58: USA, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 59: USA, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 60: Canada, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 61: Canada, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 62: Canada, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 63: South America, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 64: South America, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 65: South America, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 66: Brazil, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 67: Brazil, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 68: Brazil, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 69: Middle East, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 70: Middle East, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 71: Middle East, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 72: Africa, Centrifugal Pump Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 73: Africa, Centrifugal Pump Market, Segmentation By Stage, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 74: Africa, Centrifugal Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 75: General Electric Company Financial Performance
Table 76: Dover Corporation Financial Performance
Table 77: Schlumberger Ltd. Financial Performance
Table 78: Baker Hughes Co. Financial Performance
Table 79: Ingersoll Rand Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the centrifugal pump market?

How will the centrifugal pump market drivers and restraints affect the centrifugal pump market dynamics? What forces will shape the centrifugal pump industry going forward?

The centrifugal pump market major growth driver - Centrifugal Pumps Market Growth Driven By Expansion In The Agriculture Sector. For further insights on the centrifugal pump market, request a sample here

What is the forecast market size or the forecast market value of the centrifugal pump market?

The centrifugal pump market size has grown strongly in recent years. It will grow from $38.64 billion in 2023 to $40.85 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to rising demand for agriculture, increased adoption of solar-water pumps, rising demand for food production, rising residential and commercial infrastructure, and a rising aging population. The centrifugal pump market size is expected to see strong growth in the next few years. It will grow to $51.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing single-stage centrifugal pumps, increasing demand for freshwater, growing demand for electric variants, increasing expenditures on construction, and increasing oil and gas production. Major trends in the forecast period include technological advancements, adopting solar-based centrifugal pumps, implementing modern technologies, developing advanced technologies, and developing energy-efficient centrifugal pumps. For further insights on the centrifugal pump market, request a sample here

How is the centrifugal pump market segmented?

The centrifugal pump market is segmented
1) By Type: Overhung Impeller, Between Bearing, Vertically Suspended
2) By Stage: Single Stage, Multistage
3) By Operation: Electrical, Air-Driven, Hydraulic
4) By End-User: Industrial, Agricultural, Domestic For further insights on the centrifugal pump market, request a sample here

Which region has the largest share of the centrifugal pump market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the centrifugal pump market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the centrifugal pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the centrifugal pump market, request a sample here.

Who are the major players in the centrifugal pump market?

What are the key trends in the centrifugal pump market?

Major trend in the centrifugal pump market - Innovations In Centrifugal Pump Technology With The Rise Of Magnetic Drive Pumps For Enhanced Efficiency And Safety. For further insights on the centrifugal pump market, request a sample here.

What are the major opportunities in the centrifugal pump market? What are the strategies for the centrifugal pump market?

For detailed insights on the major opportunities and strategies in the centrifugal pump market, request a sample here.

How does the centrifugal pump market relate to the overall economy and other similar markets?

For detailed insights on centrifugal pump market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the centrifugal pump industry?

For detailed insights on the mergers and acquisitions in the centrifugal pump industry, request a sample here.

What are the key dynamics influencing the centrifugal pump market growth? SWOT analysis of the centrifugal pump market.

For detailed insights on the key dynamics influencing the centrifugal pump market growth and SWOT analysis of the centrifugal pump industry, request a sample here.