Key Insights
The global centrifugal pumps market is projected to reach $33.7 billion by 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 5.1%. This growth is propelled by escalating demand from the oil and gas sector, especially for offshore and deepwater applications, and the expanding power generation industry, including renewable energy, which necessitates efficient fluid management. Industrialization in emerging economies, particularly in the Asia-Pacific and South America regions, presents significant opportunities. Technological innovations, such as energy-efficient and smart pumps with advanced monitoring, are further fueling market expansion. The market is segmented by stage (single-stage, multi-stage), end-user (oil and gas, power generation, others), and impeller type (open, partially open, enclosed), catering to specialized solutions.
Centrifugal Pumps Industry Market Size (In Billion)
Key players like Sulzer, Weir Group, Ebara, and Flowserve are actively engaged in innovation, strategic alliances, and global expansion to capture market share. Potential market restraints include volatile raw material prices impacting manufacturing costs, stringent environmental regulations driving the need for sustainable designs, and economic downturns affecting capital expenditure. Nevertheless, the long-term outlook remains robust, supported by sustained demand from industrial sectors, technological advancements, and global infrastructure development. The market is poised for continued growth through 2033, offering substantial opportunities for adaptable and innovative companies.
Centrifugal Pumps Industry Company Market Share
Centrifugal Pumps Industry: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the global centrifugal pumps market, encompassing market dynamics, growth trends, regional segmentation, product landscape, key players, and future outlook. The report covers the historical period (2019-2024), base year (2025), and forecast period (2025-2033), offering valuable insights for industry professionals, investors, and strategic decision-makers. The market size is presented in million units.
Centrifugal Pumps Industry Market Dynamics & Structure
The centrifugal pumps market, valued at xx million units in 2024, is characterized by moderate concentration with several major players and numerous smaller niche competitors. Technological innovation, driven by increasing demand for energy efficiency and automation, is a key driver. Stringent environmental regulations globally are also shaping the market, pushing for the adoption of more sustainable pump designs. Competitive substitutes, such as positive displacement pumps, exist but centrifugal pumps retain dominance due to their cost-effectiveness and versatility. End-user demographics are diverse, spanning across various industries, with significant growth expected in emerging economies. M&A activity is relatively frequent, with larger players seeking to expand their product portfolios and geographical reach.
- Market Concentration: Moderately concentrated, with top 10 players holding xx% market share.
- Technological Innovation: Focus on energy efficiency, smart pumps, and digitalization.
- Regulatory Landscape: Stringent environmental regulations driving innovation towards eco-friendly designs.
- Competitive Substitutes: Positive displacement pumps, but centrifugal pumps maintain market leadership due to cost-effectiveness and versatility.
- End-User Demographics: Oil & Gas, Power Generation, Water & Wastewater, Chemical, and other industrial sectors.
- M&A Trends: Increased consolidation among major players to achieve scale and expand market reach; xx M&A deals observed between 2019-2024.
Centrifugal Pumps Industry Growth Trends & Insights
The global centrifugal pumps market exhibits a steady growth trajectory, driven by robust demand from various end-use sectors. The market experienced a CAGR of xx% during 2019-2024 and is projected to maintain a CAGR of xx% from 2025 to 2033, reaching xx million units by 2033. This growth is fueled by increasing industrialization, infrastructure development, and the rising adoption of centrifugal pumps in diverse applications. Technological advancements such as the integration of smart sensors and IoT capabilities are further accelerating market penetration. Shifting consumer preferences towards energy-efficient and environmentally friendly solutions are also playing a significant role. Market penetration in emerging economies is expected to drive significant growth in the forecast period.
Dominant Regions, Countries, or Segments in Centrifugal Pumps Industry
The Asia-Pacific region is projected to dominate the centrifugal pumps market throughout the forecast period, driven by rapid industrialization and infrastructure development in countries like China and India. Within specific segments, the multi-stage pumps segment shows robust growth due to its application in high-pressure operations within oil & gas and power generation. The Oil & Gas end-user segment is a significant driver of market expansion, particularly in the Middle East and North America. Enclosed impeller type pumps are experiencing high demand due to superior efficiency and reduced maintenance needs.
- Key Drivers: Rapid industrialization in APAC, infrastructure development globally, growing demand for energy-efficient pumps.
- Dominant Segments: Multi-stage pumps, Oil & Gas end-users, Enclosed impeller type pumps.
- Regional Dominance: Asia-Pacific, followed by North America and Europe.
Centrifugal Pumps Industry Product Landscape
Recent product innovations focus on enhancing efficiency, reliability, and ease of maintenance. High-efficiency designs with advanced impeller technologies and improved materials are gaining popularity. The incorporation of smart sensors and IoT connectivity enables real-time monitoring and predictive maintenance, minimizing downtime and optimizing operational efficiency. The development of customized solutions tailored to specific applications further strengthens market penetration.
Key Drivers, Barriers & Challenges in Centrifugal Pumps Industry
Key Drivers:
- Increasing industrialization and urbanization.
- Growing demand for energy-efficient solutions.
- Technological advancements, such as smart pumps and IoT integration.
- Expanding infrastructure projects globally, particularly in developing economies.
Key Challenges:
- Fluctuations in raw material prices impacting production costs.
- Stringent environmental regulations requiring compliance and adaptation.
- Intense competition among numerous manufacturers.
- Supply chain disruptions causing delays and cost escalations (estimated impact of xx% on production in 2022).
Emerging Opportunities in Centrifugal Pumps Industry
- Expansion into untapped markets in developing economies.
- Development of customized solutions for niche applications.
- Growing adoption of smart pumps and IoT-enabled monitoring systems.
- Increased focus on energy efficiency and sustainable pump technologies.
Growth Accelerators in the Centrifugal Pumps Industry
Technological breakthroughs in materials science and fluid dynamics are leading to more efficient and durable pump designs. Strategic partnerships between pump manufacturers and technology providers are fostering innovation and integration of advanced technologies. Aggressive market expansion strategies, including targeted product launches and geographic diversification, are vital for sustained growth.
Key Players Shaping the Centrifugal Pumps Industry Market
- Sulzer Ltd
- Weir Group PLC
- Ebara Corporation
- Flowserve Corporation
- Ruhrpumpen Group
- Schlumberger Ltd
- KSB SE & Co KGaA
- ITT Inc
- Dover Corporation
- Baker Hughes Company
Notable Milestones in Centrifugal Pumps Industry Sector
- March 2023: KSB acquired Bharat Pumps, expanding its market share in India and its aftermarket service capabilities.
- April 2022: GSD launched the ISH/ISP high-efficiency centrifugal pump, featuring integrated IoT capabilities for enhanced monitoring and optimization.
In-Depth Centrifugal Pumps Industry Market Outlook
The centrifugal pumps market is poised for sustained growth driven by ongoing technological advancements, increasing demand from diverse sectors, and expansion into new geographic markets. Strategic investments in research and development, along with strategic partnerships and acquisitions, will further fuel market expansion. The focus on sustainability and energy efficiency will continue to shape product development and market trends, creating lucrative opportunities for innovative players.
Centrifugal Pumps Industry Segmentation
-
1. Stage
- 1.1. Single-stage Pumps
- 1.2. Multi-stage Pumps
-
2. End-User
- 2.1. Oil and Gas
- 2.2. Power Generation
- 2.3. Other End-Users
-
3. Impeller Type
- 3.1. Open
- 3.2. Partially Open
- 3.3. Enclosed
Centrifugal Pumps Industry Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia Pacific
- 4. South America
- 5. Middle East and Africa
Centrifugal Pumps Industry Regional Market Share
Geographic Coverage of Centrifugal Pumps Industry
Centrifugal Pumps Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.1% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing demand for natural gas and developing gas infrastructure and increasing offshore oil and Gas Exploration Activities
- 3.3. Market Restrains
- 3.3.1. Adoption of Cleaner Alternatives
- 3.4. Market Trends
- 3.4.1. Oil and Gas Segment to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Centrifugal Pumps Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Stage
- 5.1.1. Single-stage Pumps
- 5.1.2. Multi-stage Pumps
- 5.2. Market Analysis, Insights and Forecast - by End-User
- 5.2.1. Oil and Gas
- 5.2.2. Power Generation
- 5.2.3. Other End-Users
- 5.3. Market Analysis, Insights and Forecast - by Impeller Type
- 5.3.1. Open
- 5.3.2. Partially Open
- 5.3.3. Enclosed
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. South America
- 5.4.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Stage
- 6. North America Centrifugal Pumps Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Stage
- 6.1.1. Single-stage Pumps
- 6.1.2. Multi-stage Pumps
- 6.2. Market Analysis, Insights and Forecast - by End-User
- 6.2.1. Oil and Gas
- 6.2.2. Power Generation
- 6.2.3. Other End-Users
- 6.3. Market Analysis, Insights and Forecast - by Impeller Type
- 6.3.1. Open
- 6.3.2. Partially Open
- 6.3.3. Enclosed
- 6.1. Market Analysis, Insights and Forecast - by Stage
- 7. Europe Centrifugal Pumps Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Stage
- 7.1.1. Single-stage Pumps
- 7.1.2. Multi-stage Pumps
- 7.2. Market Analysis, Insights and Forecast - by End-User
- 7.2.1. Oil and Gas
- 7.2.2. Power Generation
- 7.2.3. Other End-Users
- 7.3. Market Analysis, Insights and Forecast - by Impeller Type
- 7.3.1. Open
- 7.3.2. Partially Open
- 7.3.3. Enclosed
- 7.1. Market Analysis, Insights and Forecast - by Stage
- 8. Asia Pacific Centrifugal Pumps Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Stage
- 8.1.1. Single-stage Pumps
- 8.1.2. Multi-stage Pumps
- 8.2. Market Analysis, Insights and Forecast - by End-User
- 8.2.1. Oil and Gas
- 8.2.2. Power Generation
- 8.2.3. Other End-Users
- 8.3. Market Analysis, Insights and Forecast - by Impeller Type
- 8.3.1. Open
- 8.3.2. Partially Open
- 8.3.3. Enclosed
- 8.1. Market Analysis, Insights and Forecast - by Stage
- 9. South America Centrifugal Pumps Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Stage
- 9.1.1. Single-stage Pumps
- 9.1.2. Multi-stage Pumps
- 9.2. Market Analysis, Insights and Forecast - by End-User
- 9.2.1. Oil and Gas
- 9.2.2. Power Generation
- 9.2.3. Other End-Users
- 9.3. Market Analysis, Insights and Forecast - by Impeller Type
- 9.3.1. Open
- 9.3.2. Partially Open
- 9.3.3. Enclosed
- 9.1. Market Analysis, Insights and Forecast - by Stage
- 10. Middle East and Africa Centrifugal Pumps Industry Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Stage
- 10.1.1. Single-stage Pumps
- 10.1.2. Multi-stage Pumps
- 10.2. Market Analysis, Insights and Forecast - by End-User
- 10.2.1. Oil and Gas
- 10.2.2. Power Generation
- 10.2.3. Other End-Users
- 10.3. Market Analysis, Insights and Forecast - by Impeller Type
- 10.3.1. Open
- 10.3.2. Partially Open
- 10.3.3. Enclosed
- 10.1. Market Analysis, Insights and Forecast - by Stage
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Sulzer Ltd
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Weir Group PLC*List Not Exhaustive
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Ebara Corporation
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Flowserve Corporation
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Ruhrpumpen Group
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Schlumberger Ltd
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 KSB SE & Co KGaA
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 ITT Inc
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Dover Corporation
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Baker Hughes Company
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.1 Sulzer Ltd
List of Figures
- Figure 1: Global Centrifugal Pumps Industry Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: Global Centrifugal Pumps Industry Volume Breakdown (K Units, %) by Region 2025 & 2033
- Figure 3: North America Centrifugal Pumps Industry Revenue (billion), by Stage 2025 & 2033
- Figure 4: North America Centrifugal Pumps Industry Volume (K Units), by Stage 2025 & 2033
- Figure 5: North America Centrifugal Pumps Industry Revenue Share (%), by Stage 2025 & 2033
- Figure 6: North America Centrifugal Pumps Industry Volume Share (%), by Stage 2025 & 2033
- Figure 7: North America Centrifugal Pumps Industry Revenue (billion), by End-User 2025 & 2033
- Figure 8: North America Centrifugal Pumps Industry Volume (K Units), by End-User 2025 & 2033
- Figure 9: North America Centrifugal Pumps Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 10: North America Centrifugal Pumps Industry Volume Share (%), by End-User 2025 & 2033
- Figure 11: North America Centrifugal Pumps Industry Revenue (billion), by Impeller Type 2025 & 2033
- Figure 12: North America Centrifugal Pumps Industry Volume (K Units), by Impeller Type 2025 & 2033
- Figure 13: North America Centrifugal Pumps Industry Revenue Share (%), by Impeller Type 2025 & 2033
- Figure 14: North America Centrifugal Pumps Industry Volume Share (%), by Impeller Type 2025 & 2033
- Figure 15: North America Centrifugal Pumps Industry Revenue (billion), by Country 2025 & 2033
- Figure 16: North America Centrifugal Pumps Industry Volume (K Units), by Country 2025 & 2033
- Figure 17: North America Centrifugal Pumps Industry Revenue Share (%), by Country 2025 & 2033
- Figure 18: North America Centrifugal Pumps Industry Volume Share (%), by Country 2025 & 2033
- Figure 19: Europe Centrifugal Pumps Industry Revenue (billion), by Stage 2025 & 2033
- Figure 20: Europe Centrifugal Pumps Industry Volume (K Units), by Stage 2025 & 2033
- Figure 21: Europe Centrifugal Pumps Industry Revenue Share (%), by Stage 2025 & 2033
- Figure 22: Europe Centrifugal Pumps Industry Volume Share (%), by Stage 2025 & 2033
- Figure 23: Europe Centrifugal Pumps Industry Revenue (billion), by End-User 2025 & 2033
- Figure 24: Europe Centrifugal Pumps Industry Volume (K Units), by End-User 2025 & 2033
- Figure 25: Europe Centrifugal Pumps Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 26: Europe Centrifugal Pumps Industry Volume Share (%), by End-User 2025 & 2033
- Figure 27: Europe Centrifugal Pumps Industry Revenue (billion), by Impeller Type 2025 & 2033
- Figure 28: Europe Centrifugal Pumps Industry Volume (K Units), by Impeller Type 2025 & 2033
- Figure 29: Europe Centrifugal Pumps Industry Revenue Share (%), by Impeller Type 2025 & 2033
- Figure 30: Europe Centrifugal Pumps Industry Volume Share (%), by Impeller Type 2025 & 2033
- Figure 31: Europe Centrifugal Pumps Industry Revenue (billion), by Country 2025 & 2033
- Figure 32: Europe Centrifugal Pumps Industry Volume (K Units), by Country 2025 & 2033
- Figure 33: Europe Centrifugal Pumps Industry Revenue Share (%), by Country 2025 & 2033
- Figure 34: Europe Centrifugal Pumps Industry Volume Share (%), by Country 2025 & 2033
- Figure 35: Asia Pacific Centrifugal Pumps Industry Revenue (billion), by Stage 2025 & 2033
- Figure 36: Asia Pacific Centrifugal Pumps Industry Volume (K Units), by Stage 2025 & 2033
- Figure 37: Asia Pacific Centrifugal Pumps Industry Revenue Share (%), by Stage 2025 & 2033
- Figure 38: Asia Pacific Centrifugal Pumps Industry Volume Share (%), by Stage 2025 & 2033
- Figure 39: Asia Pacific Centrifugal Pumps Industry Revenue (billion), by End-User 2025 & 2033
- Figure 40: Asia Pacific Centrifugal Pumps Industry Volume (K Units), by End-User 2025 & 2033
- Figure 41: Asia Pacific Centrifugal Pumps Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 42: Asia Pacific Centrifugal Pumps Industry Volume Share (%), by End-User 2025 & 2033
- Figure 43: Asia Pacific Centrifugal Pumps Industry Revenue (billion), by Impeller Type 2025 & 2033
- Figure 44: Asia Pacific Centrifugal Pumps Industry Volume (K Units), by Impeller Type 2025 & 2033
- Figure 45: Asia Pacific Centrifugal Pumps Industry Revenue Share (%), by Impeller Type 2025 & 2033
- Figure 46: Asia Pacific Centrifugal Pumps Industry Volume Share (%), by Impeller Type 2025 & 2033
- Figure 47: Asia Pacific Centrifugal Pumps Industry Revenue (billion), by Country 2025 & 2033
- Figure 48: Asia Pacific Centrifugal Pumps Industry Volume (K Units), by Country 2025 & 2033
- Figure 49: Asia Pacific Centrifugal Pumps Industry Revenue Share (%), by Country 2025 & 2033
- Figure 50: Asia Pacific Centrifugal Pumps Industry Volume Share (%), by Country 2025 & 2033
- Figure 51: South America Centrifugal Pumps Industry Revenue (billion), by Stage 2025 & 2033
- Figure 52: South America Centrifugal Pumps Industry Volume (K Units), by Stage 2025 & 2033
- Figure 53: South America Centrifugal Pumps Industry Revenue Share (%), by Stage 2025 & 2033
- Figure 54: South America Centrifugal Pumps Industry Volume Share (%), by Stage 2025 & 2033
- Figure 55: South America Centrifugal Pumps Industry Revenue (billion), by End-User 2025 & 2033
- Figure 56: South America Centrifugal Pumps Industry Volume (K Units), by End-User 2025 & 2033
- Figure 57: South America Centrifugal Pumps Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 58: South America Centrifugal Pumps Industry Volume Share (%), by End-User 2025 & 2033
- Figure 59: South America Centrifugal Pumps Industry Revenue (billion), by Impeller Type 2025 & 2033
- Figure 60: South America Centrifugal Pumps Industry Volume (K Units), by Impeller Type 2025 & 2033
- Figure 61: South America Centrifugal Pumps Industry Revenue Share (%), by Impeller Type 2025 & 2033
- Figure 62: South America Centrifugal Pumps Industry Volume Share (%), by Impeller Type 2025 & 2033
- Figure 63: South America Centrifugal Pumps Industry Revenue (billion), by Country 2025 & 2033
- Figure 64: South America Centrifugal Pumps Industry Volume (K Units), by Country 2025 & 2033
- Figure 65: South America Centrifugal Pumps Industry Revenue Share (%), by Country 2025 & 2033
- Figure 66: South America Centrifugal Pumps Industry Volume Share (%), by Country 2025 & 2033
- Figure 67: Middle East and Africa Centrifugal Pumps Industry Revenue (billion), by Stage 2025 & 2033
- Figure 68: Middle East and Africa Centrifugal Pumps Industry Volume (K Units), by Stage 2025 & 2033
- Figure 69: Middle East and Africa Centrifugal Pumps Industry Revenue Share (%), by Stage 2025 & 2033
- Figure 70: Middle East and Africa Centrifugal Pumps Industry Volume Share (%), by Stage 2025 & 2033
- Figure 71: Middle East and Africa Centrifugal Pumps Industry Revenue (billion), by End-User 2025 & 2033
- Figure 72: Middle East and Africa Centrifugal Pumps Industry Volume (K Units), by End-User 2025 & 2033
- Figure 73: Middle East and Africa Centrifugal Pumps Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 74: Middle East and Africa Centrifugal Pumps Industry Volume Share (%), by End-User 2025 & 2033
- Figure 75: Middle East and Africa Centrifugal Pumps Industry Revenue (billion), by Impeller Type 2025 & 2033
- Figure 76: Middle East and Africa Centrifugal Pumps Industry Volume (K Units), by Impeller Type 2025 & 2033
- Figure 77: Middle East and Africa Centrifugal Pumps Industry Revenue Share (%), by Impeller Type 2025 & 2033
- Figure 78: Middle East and Africa Centrifugal Pumps Industry Volume Share (%), by Impeller Type 2025 & 2033
- Figure 79: Middle East and Africa Centrifugal Pumps Industry Revenue (billion), by Country 2025 & 2033
- Figure 80: Middle East and Africa Centrifugal Pumps Industry Volume (K Units), by Country 2025 & 2033
- Figure 81: Middle East and Africa Centrifugal Pumps Industry Revenue Share (%), by Country 2025 & 2033
- Figure 82: Middle East and Africa Centrifugal Pumps Industry Volume Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Centrifugal Pumps Industry Revenue billion Forecast, by Stage 2020 & 2033
- Table 2: Global Centrifugal Pumps Industry Volume K Units Forecast, by Stage 2020 & 2033
- Table 3: Global Centrifugal Pumps Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 4: Global Centrifugal Pumps Industry Volume K Units Forecast, by End-User 2020 & 2033
- Table 5: Global Centrifugal Pumps Industry Revenue billion Forecast, by Impeller Type 2020 & 2033
- Table 6: Global Centrifugal Pumps Industry Volume K Units Forecast, by Impeller Type 2020 & 2033
- Table 7: Global Centrifugal Pumps Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 8: Global Centrifugal Pumps Industry Volume K Units Forecast, by Region 2020 & 2033
- Table 9: Global Centrifugal Pumps Industry Revenue billion Forecast, by Stage 2020 & 2033
- Table 10: Global Centrifugal Pumps Industry Volume K Units Forecast, by Stage 2020 & 2033
- Table 11: Global Centrifugal Pumps Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 12: Global Centrifugal Pumps Industry Volume K Units Forecast, by End-User 2020 & 2033
- Table 13: Global Centrifugal Pumps Industry Revenue billion Forecast, by Impeller Type 2020 & 2033
- Table 14: Global Centrifugal Pumps Industry Volume K Units Forecast, by Impeller Type 2020 & 2033
- Table 15: Global Centrifugal Pumps Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 16: Global Centrifugal Pumps Industry Volume K Units Forecast, by Country 2020 & 2033
- Table 17: Global Centrifugal Pumps Industry Revenue billion Forecast, by Stage 2020 & 2033
- Table 18: Global Centrifugal Pumps Industry Volume K Units Forecast, by Stage 2020 & 2033
- Table 19: Global Centrifugal Pumps Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 20: Global Centrifugal Pumps Industry Volume K Units Forecast, by End-User 2020 & 2033
- Table 21: Global Centrifugal Pumps Industry Revenue billion Forecast, by Impeller Type 2020 & 2033
- Table 22: Global Centrifugal Pumps Industry Volume K Units Forecast, by Impeller Type 2020 & 2033
- Table 23: Global Centrifugal Pumps Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 24: Global Centrifugal Pumps Industry Volume K Units Forecast, by Country 2020 & 2033
- Table 25: Global Centrifugal Pumps Industry Revenue billion Forecast, by Stage 2020 & 2033
- Table 26: Global Centrifugal Pumps Industry Volume K Units Forecast, by Stage 2020 & 2033
- Table 27: Global Centrifugal Pumps Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 28: Global Centrifugal Pumps Industry Volume K Units Forecast, by End-User 2020 & 2033
- Table 29: Global Centrifugal Pumps Industry Revenue billion Forecast, by Impeller Type 2020 & 2033
- Table 30: Global Centrifugal Pumps Industry Volume K Units Forecast, by Impeller Type 2020 & 2033
- Table 31: Global Centrifugal Pumps Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 32: Global Centrifugal Pumps Industry Volume K Units Forecast, by Country 2020 & 2033
- Table 33: Global Centrifugal Pumps Industry Revenue billion Forecast, by Stage 2020 & 2033
- Table 34: Global Centrifugal Pumps Industry Volume K Units Forecast, by Stage 2020 & 2033
- Table 35: Global Centrifugal Pumps Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 36: Global Centrifugal Pumps Industry Volume K Units Forecast, by End-User 2020 & 2033
- Table 37: Global Centrifugal Pumps Industry Revenue billion Forecast, by Impeller Type 2020 & 2033
- Table 38: Global Centrifugal Pumps Industry Volume K Units Forecast, by Impeller Type 2020 & 2033
- Table 39: Global Centrifugal Pumps Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 40: Global Centrifugal Pumps Industry Volume K Units Forecast, by Country 2020 & 2033
- Table 41: Global Centrifugal Pumps Industry Revenue billion Forecast, by Stage 2020 & 2033
- Table 42: Global Centrifugal Pumps Industry Volume K Units Forecast, by Stage 2020 & 2033
- Table 43: Global Centrifugal Pumps Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 44: Global Centrifugal Pumps Industry Volume K Units Forecast, by End-User 2020 & 2033
- Table 45: Global Centrifugal Pumps Industry Revenue billion Forecast, by Impeller Type 2020 & 2033
- Table 46: Global Centrifugal Pumps Industry Volume K Units Forecast, by Impeller Type 2020 & 2033
- Table 47: Global Centrifugal Pumps Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 48: Global Centrifugal Pumps Industry Volume K Units Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Centrifugal Pumps Industry?
The projected CAGR is approximately 5.1%.
2. Which companies are prominent players in the Centrifugal Pumps Industry?
Key companies in the market include Sulzer Ltd, Weir Group PLC*List Not Exhaustive, Ebara Corporation, Flowserve Corporation, Ruhrpumpen Group, Schlumberger Ltd, KSB SE & Co KGaA, ITT Inc, Dover Corporation, Baker Hughes Company.
3. What are the main segments of the Centrifugal Pumps Industry?
The market segments include Stage, End-User, Impeller Type.
4. Can you provide details about the market size?
The market size is estimated to be USD 33.7 billion as of 2022.
5. What are some drivers contributing to market growth?
Growing demand for natural gas and developing gas infrastructure and increasing offshore oil and Gas Exploration Activities.
6. What are the notable trends driving market growth?
Oil and Gas Segment to Dominate the Market.
7. Are there any restraints impacting market growth?
Adoption of Cleaner Alternatives.
8. Can you provide examples of recent developments in the market?
April 2022: GSD held an internal product launch of the ISH/ISP high-efficiency centrifugal pump. ISH/ISP high-efficiency centrifugal pump can be equipped with sensors at the reserved position in the design to realize the real-time monitoring, predictive alarm, fault analysis, energy efficiency analysis and operation state optimization of the equipment by matching with the GSD intelligent IOT system.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion and volume, measured in K Units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Centrifugal Pumps Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Centrifugal Pumps Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Centrifugal Pumps Industry?
To stay informed about further developments, trends, and reports in the Centrifugal Pumps Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence