Key Insights
The European centrifugal pumps market, valued at approximately €X billion in 2025, is projected to experience steady growth, driven by a robust CAGR of 4.10% from 2025 to 2033. This growth is fueled by several key factors. The increasing demand across various end-user industries, particularly in oil & gas, chemicals, and water & wastewater treatment, is a significant contributor. Modernization efforts within these sectors, focusing on efficiency improvements and automation, are boosting the adoption of advanced centrifugal pumps. Furthermore, stringent environmental regulations are pushing industries to adopt more energy-efficient pump technologies, further stimulating market expansion. Germany, France, and the United Kingdom represent the largest national markets within Europe, benefitting from established industrial bases and ongoing infrastructure development projects. The prevalence of multi-stage pumps, offering higher pressure capabilities, is also driving segment growth. However, the market faces certain restraints, including fluctuating raw material prices and potential supply chain disruptions which could impact growth trajectories. The competitive landscape is characterized by a mix of established global players and regional specialists, leading to ongoing innovation and product diversification within the market.
The market segmentation reveals a diverse landscape. Axial, radial, and mixed flow pumps cater to varying application needs, while the single-stage and multi-stage segments reflect varying pressure and flow requirements. The robust demand from the oil & gas, chemicals, and water & wastewater sectors is anticipated to remain a key driver, although growth in the food & beverage, pharmaceuticals, and power industries will also contribute significantly to overall market expansion. The continued focus on sustainability and energy efficiency will be a prominent theme in shaping product development and market trends, with manufacturers actively investing in advanced materials and technologies to enhance pump performance and minimize environmental impact. Furthermore, the integration of smart technologies and digitalization within pumping systems is expected to gain further traction, enhancing operational efficiency and predictive maintenance capabilities. This market presents a significant opportunity for businesses specializing in high-efficiency, technologically advanced, and sustainable centrifugal pump solutions.

Europe Centrifugal Pumps Market: A Comprehensive Market Report (2019-2033)
This comprehensive report provides an in-depth analysis of the Europe centrifugal pumps market, encompassing market dynamics, growth trends, regional dominance, product landscape, key players, and future outlook. The study period covers 2019-2033, with 2025 as the base and estimated year. The report is invaluable for industry professionals, investors, and strategic decision-makers seeking to understand and capitalize on opportunities within this dynamic sector. The market is segmented by country (United Kingdom, Germany, France, Rest of Europe), flow type (Axial, Radial, Mixed), number of stages (Single Stage, Multi Stage), and end-user industry (Oil & Gas, Chemicals, Food & Beverage, Water & Wastewater, Pharmaceuticals, Power, Construction, Metal & Mining, Others). The total market size is projected to reach xx Million units by 2033.
Europe Centrifugal Pumps Market Dynamics & Structure
The European centrifugal pumps market is characterized by moderate concentration, with key players holding significant market share. Technological innovation, driven by increasing demand for energy efficiency and improved performance, is a major growth driver. Stringent environmental regulations and evolving safety standards also shape market dynamics. The market faces competition from alternative pumping technologies, but centrifugal pumps maintain a dominant position due to their versatility and cost-effectiveness. Mergers and acquisitions (M&A) activity is relatively frequent, reflecting industry consolidation and efforts to expand market reach.
- Market Concentration: Moderately concentrated, with top 10 players holding approximately xx% market share in 2024.
- Technological Innovation: Focus on energy efficiency, smart pumps, and advanced materials.
- Regulatory Framework: Stringent environmental regulations impacting pump design and efficiency standards.
- Competitive Substitutes: Positive displacement pumps, diaphragm pumps, etc., posing niche competition.
- End-User Demographics: Diverse, spanning various industries with varying demands.
- M&A Trends: Consistent M&A activity, driving consolidation and expansion of service offerings (e.g., xx M&A deals in 2024).
Europe Centrifugal Pumps Market Growth Trends & Insights
The European centrifugal pumps market experienced steady growth during the historical period (2019-2024), driven by increasing industrialization and infrastructure development across various sectors. The market is projected to maintain a healthy Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033), fueled by robust demand from end-use industries like water & wastewater, chemicals, and oil & gas. Technological advancements, such as the integration of smart sensors and improved control systems, are further enhancing the adoption rate of advanced centrifugal pumps. Changing consumer preferences toward energy-efficient and sustainable solutions are driving market growth. Market penetration is expected to reach xx% by 2033.

Dominant Regions, Countries, or Segments in Europe Centrifugal Pumps Market
Germany, the United Kingdom, and France are the leading national markets within Europe, collectively accounting for approximately xx% of the total market in 2024. The robust industrial base and significant investments in infrastructure projects in these countries drive high demand. The radial flow type dominates the flow type segment, while the water & wastewater sector and the chemical industry are the largest end-user segments. Growth is fueled by several factors, including:
- United Kingdom: Strong industrial sector, particularly in chemicals and oil & gas, contributes to substantial demand.
- Germany: Established manufacturing base and significant investment in water infrastructure bolster market growth.
- France: Growing focus on renewable energy and water management projects drives pump demand.
- Rest of Europe: Shows promising growth potential driven by emerging economies and infrastructure development.
- Radial Flow Pumps: High versatility and adaptability across various applications lead to dominance.
- Water & Wastewater: Largest end-user segment due to extensive infrastructure projects and upgrades.
Europe Centrifugal Pumps Market Product Landscape
The centrifugal pump market offers a diverse range of products catering to various applications and industries. Recent innovations focus on energy efficiency, improved material selection for enhanced durability and corrosion resistance, and smart functionalities for optimized performance and remote monitoring. Manufacturers emphasize features like reduced noise levels, compact designs, and improved seal technology to meet diverse customer needs. The market sees a shift toward digitally enabled pumps with advanced control systems and predictive maintenance capabilities.
Key Drivers, Barriers & Challenges in Europe Centrifugal Pumps Market
Key Drivers:
- Increasing industrialization and infrastructure development across Europe.
- Growing demand for efficient and reliable pumping solutions in various sectors.
- Stringent environmental regulations promoting energy-efficient pump technologies.
- Technological advancements leading to improved pump performance and functionalities.
Challenges & Restraints:
- Fluctuations in raw material prices impacting production costs.
- Intense competition among established players and emerging manufacturers.
- Potential supply chain disruptions due to geopolitical factors and economic downturns. (e.g., a xx% increase in material costs in 2022 impacted profitability).
Emerging Opportunities in Europe Centrifugal Pumps Market
- Expanding demand for high-efficiency pumps in renewable energy applications.
- Growing adoption of smart pumps and digital solutions for improved monitoring and maintenance.
- Untapped market potential in emerging economies within Europe, particularly in Eastern Europe.
- Opportunities in specialized pump applications for niche industries (e.g., pharmaceuticals, food processing).
Growth Accelerators in the Europe Centrifugal Pumps Market Industry
Strategic partnerships and collaborations between pump manufacturers and technology providers are driving innovation. Investments in research and development to create energy-efficient, smart, and sustainable pumping solutions are key growth drivers. Expansion into new geographical markets and diversification into new applications are vital for long-term market success.
Key Players Shaping the Europe Centrifugal Pumps Market Market
- KSB Se & Co KGaA
- Sulzer Ltd
- Weir Group PLC
- Ebara Corporation
- Flowserve Corporation
- Ruhrpumpen Group
- Schlumberger Ltd
- Dover Corporation
- Baker Hughes Company
- Edur Pumpenfabrik Eduard Redlien GmbH & Co
Notable Milestones in Europe Centrifugal Pumps Market Sector
- June 2021: AxFlow Italy acquires RPT S.r.l., strengthening its service business in Europe.
- May 2021: KSB Group launches the AmaDrainer 3I submersible grey water pump, expanding its product portfolio.
In-Depth Europe Centrifugal Pumps Market Market Outlook
The future of the European centrifugal pumps market looks promising, driven by ongoing technological advancements, increasing demand from key industries, and supportive government policies promoting sustainable infrastructure development. Strategic investments in R&D, expansion into new market segments, and adoption of digital technologies will be critical for market players to capitalize on the long-term growth opportunities. The market is poised for continued expansion, particularly in segments focused on energy efficiency and sustainable solutions.
Europe Centrifugal Pumps Market Segmentation
-
1. Flow Type
- 1.1. Axial
- 1.2. Radial
- 1.3. Mixed
-
2. Number of Stages
- 2.1. Single Stage
- 2.2. Multi Stage
-
3. End-User Indsutry
- 3.1. Oil & Gas
- 3.2. Chemicals
- 3.3. Food & Beverage
- 3.4. Water & Wastewater
- 3.5. Pharmaceuticals
- 3.6. Power
- 3.7. Construction
- 3.8. Metal & Mining
- 3.9. Others
Europe Centrifugal Pumps Market Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Centrifugal Pumps Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 4.10% from 2019-2033 |
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. Rapid Urbanization to Drive the Market Growth; Increasing Investment in Water & Wastewater Infrastructure
- 3.3. Market Restrains
- 3.3.1. High Acquisition and Maintenace Cost of Industrial CT systems
- 3.4. Market Trends
- 3.4.1. Rapid Urbanization to Drive the Market growth
- 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. Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Flow Type
- 5.1.1. Axial
- 5.1.2. Radial
- 5.1.3. Mixed
- 5.2. Market Analysis, Insights and Forecast - by Number of Stages
- 5.2.1. Single Stage
- 5.2.2. Multi Stage
- 5.3. Market Analysis, Insights and Forecast - by End-User Indsutry
- 5.3.1. Oil & Gas
- 5.3.2. Chemicals
- 5.3.3. Food & Beverage
- 5.3.4. Water & Wastewater
- 5.3.5. Pharmaceuticals
- 5.3.6. Power
- 5.3.7. Construction
- 5.3.8. Metal & Mining
- 5.3.9. Others
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by Flow Type
- 6. Germany Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Centrifugal Pumps Market Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 KSB Se & Co KGaA
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Sulzer Ltd
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Weir Group PLC
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Ebara Corporation
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Flowserve Corporation
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Ruhrpumpen Group
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Schlumberger Ltd
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 Dover Corporation
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Baker Hughes Company
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 Edur Pumpenfabrik Eduard Redlien GmbH & Co
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.1 KSB Se & Co KGaA
List of Figures
- Figure 1: Europe Centrifugal Pumps Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Centrifugal Pumps Market Share (%) by Company 2024
List of Tables
- Table 1: Europe Centrifugal Pumps Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Europe Centrifugal Pumps Market Revenue Million Forecast, by Flow Type 2019 & 2032
- Table 4: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Flow Type 2019 & 2032
- Table 5: Europe Centrifugal Pumps Market Revenue Million Forecast, by Number of Stages 2019 & 2032
- Table 6: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Number of Stages 2019 & 2032
- Table 7: Europe Centrifugal Pumps Market Revenue Million Forecast, by End-User Indsutry 2019 & 2032
- Table 8: Europe Centrifugal Pumps Market Volume K Unit Forecast, by End-User Indsutry 2019 & 2032
- Table 9: Europe Centrifugal Pumps Market Revenue Million Forecast, by Region 2019 & 2032
- Table 10: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 11: Europe Centrifugal Pumps Market Revenue Million Forecast, by Country 2019 & 2032
- Table 12: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 13: Germany Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Germany Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 15: France Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: France Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: Italy Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Italy Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 19: United Kingdom Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: United Kingdom Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Netherlands Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: Sweden Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Sweden Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 25: Rest of Europe Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Rest of Europe Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 27: Europe Centrifugal Pumps Market Revenue Million Forecast, by Flow Type 2019 & 2032
- Table 28: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Flow Type 2019 & 2032
- Table 29: Europe Centrifugal Pumps Market Revenue Million Forecast, by Number of Stages 2019 & 2032
- Table 30: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Number of Stages 2019 & 2032
- Table 31: Europe Centrifugal Pumps Market Revenue Million Forecast, by End-User Indsutry 2019 & 2032
- Table 32: Europe Centrifugal Pumps Market Volume K Unit Forecast, by End-User Indsutry 2019 & 2032
- Table 33: Europe Centrifugal Pumps Market Revenue Million Forecast, by Country 2019 & 2032
- Table 34: Europe Centrifugal Pumps Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 35: United Kingdom Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: United Kingdom Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 37: Germany Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Germany Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 39: France Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: France Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 41: Italy Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Italy Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Spain Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Spain Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 45: Netherlands Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Netherlands Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 47: Belgium Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Belgium Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 49: Sweden Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Sweden Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 51: Norway Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Norway Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 53: Poland Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Poland Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 55: Denmark Europe Centrifugal Pumps Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: Denmark Europe Centrifugal Pumps Market Volume (K Unit) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Centrifugal Pumps Market?
The projected CAGR is approximately 4.10%.
2. Which companies are prominent players in the Europe Centrifugal Pumps Market?
Key companies in the market include KSB Se & Co KGaA, Sulzer Ltd, Weir Group PLC, Ebara Corporation, Flowserve Corporation, Ruhrpumpen Group, Schlumberger Ltd, Dover Corporation, Baker Hughes Company, Edur Pumpenfabrik Eduard Redlien GmbH & Co.
3. What are the main segments of the Europe Centrifugal Pumps Market?
The market segments include Flow Type, Number of Stages, End-User Indsutry.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Rapid Urbanization to Drive the Market Growth; Increasing Investment in Water & Wastewater Infrastructure.
6. What are the notable trends driving market growth?
Rapid Urbanization to Drive the Market growth.
7. Are there any restraints impacting market growth?
High Acquisition and Maintenace Cost of Industrial CT systems.
8. Can you provide examples of recent developments in the market?
June 2021 - AxFlow Italy, a provider of centrifugal pumps, acquired RPT S.r.l., a leading company in the overhaul and technical revision of centrifugal and volumetric pumps and industrial mixers. The acquisition is expected to help the company further strengthen its service business for centrifugal and other pumps in Europe.
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 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Centrifugal Pumps Market," 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 Europe Centrifugal Pumps Market 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 Europe Centrifugal Pumps Market?
To stay informed about further developments, trends, and reports in the Europe Centrifugal Pumps Market, 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