North America Centrifugal Pump Market Size, Share & Industry Trends Analysis Report By Stage (Single Stage and Multi Stage), By Type, By Operation Type (Electrical, Hydraulic, and Air-driven), By End User, By Country and Growth Forecast, 2023 - 2030
The North America Centrifugal Pump Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030).
The centrifugal pump is a commonly used pump designed for various applications. It is interconnected with several industry verticals to effectively transfer liquids in large volumes, providing optimum flow rates and dynamic head to the fluids. The wastewater treatment, chemical, and petrochemical sectors employ centrifugal pumps extensively. These pumps are essential for wastewater treatment procedures like sludge handling, sewage transfer, and effluent treatment. The need for centrifugal pumps is anticipated to rise as there is an increasing emphasis on environmental preservation and stricter rules for wastewater management.
The construction of additional water treatment plants around the region is anticipated to be fueled by the increasing population and water demand in various industries, allowing the water & wastewater industry to expand.
Canada's oil & gas and food & beverage sectors are well-developed, and the government has made significant investments in these sectors. Due to the vast oil and gas operations, the nation is also one of the top importers of centrifugal pumps. Canada is fifth in the production of natural gas and fourth in the production of crude oil. The oil sands are found in 97% of Canada's proven oil reserves. Approximately 2 million barrels of crude oil can be refined daily in Canadian refineries. In 2020, Canada produced 46 million tons of coal, of which 57% was used in steel production. The country has many crude oil sources and rigs, accounting for the demand. Another application area that contributes significantly to Canada's market's revenue is the chemical industry. Hence, this region presents lucrative opportunities to expand the regional market.
The US market dominated the North America Centrifugal Pump Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $11,401.7 million by 2030. The Canada market is poised to grow at a CAGR of 7.2% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 6.3% during (2023 - 2030).
Based on Stage, the market is segmented into Single Stage and Multi Stage. Based on Type, the market is segmented into Overhung Impeller, Between Bearing and Vertically Suspended. Based on Operation Type, the market is segmented into Electrical, Hydraulic, and Air-driven. Based on End User, the market is segmented into Industrial (Water & Wastewater, Mining & Metal, Oil & Gas, Agriculture, Power Generation, Pharmaceuticals, Pulp & Paper, Chemicals and Others) and Commercial & Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Flowserve Corporation, KSB SE & Co. KGaA, Xylem, Inc., Ebara Corporation, Baker Hughes Company, Kirloskar Brothers Limited (Kirloskar Group), The Weir Group PLC, Pentair PLC, Schlumberger N.V. and Alfa Laval AB.
Scope of the Study
Market Segments covered in the Report:
By Stage
- Single Stage
- Multi Stage
- Overhung Impeller
- Between Bearing
- Vertically Suspended
- Electrical
- Hydraulic
- Air-driven
- Industrial
- Water & Wastewater
- Mining & Metal
- Oil & Gas
- Agriculture
- Power Generation
- Pharmaceuticals
- Pulp & Paper
- Chemicals
- Others
- Commercial & Residential
- US
- Canada
- Mexico
- Rest of North America
- Flowserve Corporation
- KSB SE & Co. KGaA
- Xylem, Inc.
- Ebara Corporation
- Baker Hughes Company
- Kirloskar Brothers Limited (Kirloskar Group)
- The Weir Group PLC
- Pentair PLC
- Schlumberger N.V.
- Alfa Laval AB
- Exhaustive coverage
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Centrifugal Pump Market, by Stage
- 1.4.2 North America Centrifugal Pump Market, by Type
- 1.4.3 North America Centrifugal Pump Market, by Operation Type
- 1.4.4 North America Centrifugal Pump Market, by End User
- 1.4.5 North America Centrifugal Pump Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Strategies Deployed in Centrifugal Pump Market
- Chapter 4. North America Centrifugal Pump Market by Stage
- 4.1 North America Single Stage Market by Country
- 4.2 North America Multi Stage Market by Country
- Chapter 5. North America Centrifugal Pump Market by Type
- 5.1 North America Overhung Impeller Market by Country
- 5.2 North America Between Bearing Market by Country
- 5.3 North America Vertically Suspended Market by Country
- Chapter 6. North America Centrifugal Pump Market by Operation Type
- 6.1 North America Electrical Market by Country
- 6.2 North America Hydraulic Market by Country
- 6.3 North America Air-driven Market by Country
- Chapter 7. North America Centrifugal Pump Market by End User
- 7.1 North America Industrial Market by Country
- 7.2 North America Centrifugal Pump Market by Industrial Type
- 7.2.1 North America Water & Wastewater Market by Country
- 7.2.2 North America Mining & Metal Market by Country
- 7.2.3 North America Oil & Gas Market by Country
- 7.2.4 North America Agriculture Market by Country
- 7.2.5 North America Power Generation Market by Country
- 7.2.6 North America Pharmaceuticals Market by Country
- 7.2.7 North America Pulp & Paper Market by Country
- 7.2.8 North America Chemicals Market by Country
- 7.2.9 North America Others Market by Country
- 7.3 North America Commercial & Residential Market by Country
- Chapter 8. North America Centrifugal Pump Market by Country
- 8.1 US Centrifugal Pump Market
- 8.1.1 US Centrifugal Pump Market by Stage
- 8.1.2 US Centrifugal Pump Market by Type
- 8.1.3 US Centrifugal Pump Market by Operation Type
- 8.1.4 US Centrifugal Pump Market by End User
- 8.1.4.1 US Centrifugal Pump Market by Industrial Type
- 8.2 Canada Centrifugal Pump Market
- 8.2.1 Canada Centrifugal Pump Market by Stage
- 8.2.2 Canada Centrifugal Pump Market by Type
- 8.2.3 Canada Centrifugal Pump Market by Operation Type
- 8.2.4 Canada Centrifugal Pump Market by End User
- 8.2.4.1 Canada Centrifugal Pump Market by Industrial Type
- 8.3 Mexico Centrifugal Pump Market
- 8.3.1 Mexico Centrifugal Pump Market by Stage
- 8.3.2 Mexico Centrifugal Pump Market by Type
- 8.3.3 Mexico Centrifugal Pump Market by Operation Type
- 8.3.4 Mexico Centrifugal Pump Market by End User
- 8.3.4.1 Mexico Centrifugal Pump Market by Industrial Type
- 8.4 Rest of North America Centrifugal Pump Market
- 8.4.1 Rest of North America Centrifugal Pump Market by Stage
- 8.4.2 Rest of North America Centrifugal Pump Market by Type
- 8.4.3 Rest of North America Centrifugal Pump Market by Operation Type
- 8.4.4 Rest of North America Centrifugal Pump Market by End User
- 8.4.4.1 Rest of North America Centrifugal Pump Market by Industrial Type
- Chapter 9. Company Profiles
- 9.1 Ebara Corporation
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.1.5.2 Acquisition and Mergers:
- 9.2 Flowserve Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Acquisition and Mergers:
- 9.3 KSB SE & Co. KGaA
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.4 Xylem, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.5 Baker Hughes Company
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.6 Kirloskar Brothers Limited (Kirloskar Group)
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.7 The Weir Group PLC
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Recent strategies and developments:
- 9.7.4.1 Product Launches and Product Expansions:
- 9.8 Pentair PLC
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Acquisition and Mergers:
- 9.9 Schlumberger N.V.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.10. Alfa Laval AB
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
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