Single-stage Centrifugal Pumps Market - Growth, Trends, COVID -19 Impact, Forecasts (2022 - 2027)
The market for single-stage centrifugal pumps is anticipated to grow at a CAGR of 5.1% over the forecast period. The primary factors propelling the growth of the single-stage centrifugal pump market are rising investments in the construction industry due to rapid urbanization and growing demand for centrifugal pumps in the agricultural sector.
This centrifugal pump has a single impeller. The straightforward design makes maintenance a breeze. This specific variety is frequently utilized in low-pressure, high-flow systems. Applications with a low to moderate total dynamic head and high flow are best suited for this pump.
Key HighlightsThe single-stage centrifugal pump market is moderately fragmented. The level of competition among important corporations has been developed by evaluating various leading key players operating on a global scale. Some of the major players in this market include Sulzer Ltd., KSB Company, Grundfos Holding AS, and Baker Hughes Company.
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