Global Industrial Centrifugal Pump Market Growth 2024-2030
Industrial Centrifugal Pumps refer to non-positive displacement pumps. These pumps are designed to utilize kinetic energy from rotating impellers to move denser fluid or slurry to its intended location. The rotational energy typically comes from an engine or electric motor. These pumps are beneficial when fluids need to maintain a certain pressure or flow. This type of pump will require priming, meaning that it will not function properly at startup without fluid first. Lubricant is vital to any pumping system requiring centrifugal pumps. In summary, fluids that need consistent, constant pressure are best transported with this type of pump.
The global Industrial Centrifugal Pump market size is projected to grow from US$ 20000 million in 2024 to US$ 24180 million in 2030; it is expected to grow at a CAGR of 3.2% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Industrial Centrifugal Pump Industry Forecast” looks at past sales and reviews total world Industrial Centrifugal Pump sales in 2023, providing a comprehensive analysis by region and market sector of projected Industrial Centrifugal Pump sales for 2024 through 2030. With Industrial Centrifugal Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Centrifugal Pump industry.
This Insight Report provides a comprehensive analysis of the global Industrial Centrifugal Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Centrifugal Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Centrifugal Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Centrifugal Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Centrifugal Pump.
United States market for Industrial Centrifugal Pump is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Industrial Centrifugal Pump is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Industrial Centrifugal Pump is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Industrial Centrifugal Pump players cover Grundfos, Gorman-Rupp, ITT, Goulds Water Technology(Xylem), Vaughan Company, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Centrifugal Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Stage End Suction Pump
Single Stage Double Suction Pump
Multi-Stage Pump
Segmentation by Application:
Oil and Gas Industry
Chemical Industry
Mining
Pulp and Paper Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Grundfos
Gorman-Rupp
ITT
Goulds Water Technology(Xylem)
Vaughan Company
Sulzer
KSB
Ebara
Flowserve
Graymills
Alfa Laval Inc
PumpWorks
Cornell Pump LLC
Schlumberger
Rotech Pumps
Shanghai Liancheng(Group) Co.,Ltd
Pentair
Atlas Copco
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Centrifugal Pump market?
What factors are driving Industrial Centrifugal Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Centrifugal Pump market opportunities vary by end market size?
How does Industrial Centrifugal Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.