Global Centrifugal Pump Market Size, Trends, By Stage (Single-stage Pumps and Multi-stage Pumps), By Impeller Type (Open, Partially Open, and Enclosed), By End User (Oil and Gas, Power Generation, and Other End Users), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa): Growth Opportunity Analysis and Industry Forecast, 2023-2030.

Report ID : AMR1004906 | Industries : Others | Published On :December 2023 | Page Count : 227

Global Centrifugal Pump Market

The Global Centrifugal Pump Market was valued at USD 37.1 billion in 2022 and is expected to expand to USD 55.2 billion by 2030, at a CAGR of 3.90% during the forecast period 2023-2030.
A centrifugal pump is a mechanized device that is developed to move fluid using the conveyance of rotational energy from one or more driven rotors, called impellers. Fluid enters the speedy rotating impeller with its axis and is cast out by centrifugal force along its perimeter through the impeller's vane tips.
Centrifugal pumps are hydraulically operated machines that are characterized by their ability to transmit energy to fluids through the work of a field of centrifugal forces. Its main purpose is to transfer fluids through an increase in pressure.

Market Drivers

The advanced technology and developments that have rendered the ultra-deep-water & deep-water explorations are expected to increase oil production, and the rising residential & commercial construction activities boost the market growth and provide growth opportunities for the market.
Furthermore, technical improvements, such as the creation of 3D-printed impellers, the usage of modeling software, and the rising adoption of pumps in several applications are expected to boost the pump’s demand.

Market Restraints

The cavitation effect and dry-run failures in centrifugal pumps restrain the global centrifugal pump market. Also, low-cost products and a low rate of replacement offered by manufacturers are expected to hinder market growth.

Market Segmentation

The global centrifugal pump market is segmented into stage (single-stage pumps and multi-stage pumps), impeller type (open, partially open, and enclosed), and end-user (oil and gas, power generation, and other end users).

Regional Analysis

The global centrifugal pump market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia-Pacific region is expected to be the largest market and fastest-growing region during the forecast period 2030, due to huge economic growth that has resulted in the development of industrial infrastructure. Further, due to the low cost of raw materials & labor, the region has attracted investors to build up manufacturing plants.

Key Players

Various key players are discussed in the global centrifugal pump market report including; Grundfos, Xylem, Flowserve, ITT Corporation, CIRCOR International, Baker Hughes, Gardner Denver, Ebara Corporation, Kirloskar Brothers Limited, Tsurumi Manufacturing, and Others.
For instance, in April 2020, Atlas Copco launched a centrifugal pump range, named ‘WEDA S50’. The WEDA S range was designed for soft, thick, wet mud & other similar mixtures. These centrifugal pumps were ideally suited for construction dewatering, refining applications, and industrial end users.

Market Taxonomy

By Stage
• Single-stage Pumps
• Multi-stage Pumps
By Impeller Type
• Open
• Partially Open
• Enclosed
By End User
• Oil and Gas
• Power Generation
• Other End Users
By Region
• North America
• U.S.
• Canada
• Mexico
• Latin America
• Brazil
• Argentina
• Colombia
• Peru
• Chile
• Venezuela
• Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• New Zealand
• Singapore
• Malaysia
• Rest of Asia Pacific
• Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Tanzania
• Rest of The Middle East & Africa

Key Question Addressed by the Report

· What are the Key Opportunities in the Global Centrifugal Pump Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?

Global Centrifugal Pump Market

1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Centrifugal Pump Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due To Nearing Economic Downturn
4.2.6 Post-Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Centrifugal Pump Market, By Stage
5.1 Y-o-Y Growth Comparison, By Stage
5.2 Global Centrifugal Pump Market Share Analysis, By Stage
5.3 Global Centrifugal Pump Market Size and Forecast, By Stage
5.3.1 Single-stage Pumps
5.3.2 Multi-stage Pumps
6 Global Centrifugal Pump Market, By Impeller Type
6.1 Y-o-Y Growth Comparison, By Impeller Type
6.2 Global Centrifugal Pump Market Share Analysis, By Impeller Type
6.3 Global Centrifugal Pump Market Size and Forecast, By Impeller Type
6.3.1 Open
6.3.2 Partially Open
6.3.3 Enclosed
7 Global Centrifugal Pump Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Centrifugal Pump Market Share Analysis, By End User
7.3 Global Centrifugal Pump Market Size and Forecast, By End User
7.3.1 Oil and Gas
7.3.2 Power Generation
7.3.3 Other End Users
8 Global Centrifugal Pump Market, By Region
8.1 Global Centrifugal Pump Market Share Analysis, By Region
8.2 Global Centrifugal Pump Market Share Analysis, By Region
8.3 Global Centrifugal Pump Market Size and Forecast, By Region
9 North America Centrifugal Pump Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Centrifugal Pump Market Share Analysis, By Stage
9.3 North America Centrifugal Pump Market Share Analysis, By Impeller Type
9.4 North America Centrifugal Pump Market Share Analysis, By End User
9.5 North America Centrifugal Pump Market Size and Forecast, By Country
9.5.1 U.S
9.5.1.1 Market Size and Forecast, By Stage
9.5.1.2 Market Size and Forecast, By Impeller Type
9.5.1.3 Market Size and Forecast, By End User
9.5.2 Canada
9.5.2.1 Market Size and Forecast, By Stage
9.5.2.2 Market Size and Forecast, By Impeller Type
9.5.2.3 Market Size and Forecast, By End User
9.5.3 Mexico
9.5.3.1 Market Size and Forecast, By Stage
9.5.3.2 Market Size and Forecast, By Impeller Type
9.5.3.3 Market Size and Forecast, By End User
10 Europe Centrifugal Pump Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Centrifugal Pump Market Share Analysis, By Stage
10.3 Europe Centrifugal Pump Market Size and Forecast, By Impeller Type
10.4 Europe Centrifugal Pump Market Size and Forecast, By End User
10.5 Europe Centrifugal Pump Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1 Market Size and Forecast, By Stage
10.5.1.2 Market Size and Forecast, By Impeller Type
10.5.1.3 Market Size and Forecast, By End User
10.5.2 France
10.5.2.1 Market Size and Forecast, By Stage
10.5.2.2 Market Size and Forecast, By Impeller Type
10.5.2.3 Market Size and Forecast, By End User
10.5.3 UK
10.5.3.1 Market Size and Forecast, By Stage
10.5.3.2 Market Size and Forecast, By Impeller Type
10.5.3.3 Market Size and Forecast, By End User
10.5.4 Russia
10.5.4.1 Market Size and Forecast, By Stage
10.5.4.2 Market Size and Forecast, By Impeller Type
10.5.4.3 Market Size and Forecast, By End User
10.5.5 Italy
10.5.5.1 Market Size and Forecast, By Stage
10.5.5.2 Market Size and Forecast, By Impeller Type
10.5.5.3 Market Size and Forecast, By End User
10.5.6 Spain
10.5.6.1 Market Size and Forecast, By Stage
10.5.6.2 Market Size and Forecast, By Impeller Type
10.5.6.3 Market Size and Forecast, By End User
10.5.7 Rest of Europe
10.5.7.1 Market Size and Forecast, By Stage
10.5.7.2 Market Size and Forecast, By Impeller Type
10.5.7.3 Market Size and Forecast, By End User
11 Asia Pacific Centrifugal Pump Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Centrifugal Pump Market Share Analysis, By Stage
11.3 Asia Pacific Centrifugal Pump Market Size and Forecast, By Impeller Type
11.4 Asia Pacific Centrifugal Pump Market Size and Forecast, By End User
11.5 Asia Pacific Centrifugal Pump Market Size and Forecast, By Country
11.5.1 China
11.5.1.1 Market Size and Forecast, By Stage
11.5.1.2 Market Size and Forecast, By Impeller Type
11.5.1.3 Market Size and Forecast, By End User
11.5.2 Japan
11.5.2.1 Market Size and Forecast, By Stage
11.5.2.2 Market Size and Forecast, By Impeller Type
11.5.2.3 Market Size and Forecast, By End User
11.5.3 India
11.5.3.1 Market Size and Forecast, By Stage
11.5.3.2 Market Size and Forecast, By Impeller Type
11.5.3.3 Market Size and Forecast, By End User
11.5.4 South Korea
11.5.4.1 Market Size and Forecast, By Stage
11.5.4.2 Market Size and Forecast, By Impeller Type
11.5.4.3 Market Size and Forecast, By End User
11.5.5 Australia
11.5.5.1 Market Size and Forecast, By Stage
11.5.5.2 Market Size and Forecast, By Impeller Type
11.5.5.3 Market Size and Forecast, By End User
11.5.6 New Zealand
11.5.6.1 Market Size and Forecast, By Stage
11.5.6.2 Market Size and Forecast, By Impeller Type
11.5.6.3 Market Size and Forecast, By End User
11.5.7 Singapore
11.5.7.1 Market Size and Forecast, By Stage
11.5.7.2 Market Size and Forecast, By Impeller Type
11.5.7.3 Market Size and Forecast, By End User
11.5.8 Malaysia
11.5.8.1 Market Size and Forecast, By Stage
11.5.8.2 Market Size and Forecast, By Impeller Type
11.5.8.3 Market Size and Forecast, By End User
11.5.9. Rest of Asia Pacific
11.5.9.1 Market Size and Forecast, By Stage
11.5.9.2 Market Size and Forecast, By Impeller Type
11.5.9.3 Market Size and Forecast, By End User
12 Latin America Centrifugal Pump Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Centrifugal Pump Market Share Analysis, By Stage
12.3 Latin America Centrifugal Pump Market Share Analysis, By Impeller Type
12.4 Latin America Centrifugal Pump Market Share Analysis, By End User
12.5 Latin America Centrifugal Pump Market Size and Forecast, By Country
12.5.1. Brazil
12.5.1.1 Market Size and Forecast, By Stage
12.5.1.2 Market Size and Forecast, By Impeller Type
12.5.1.3 Market Size and Forecast, By End User
12.5.2 Argentina
12.5.2.1 Market Size and Forecast, By Stage
12.5.2.2 Market Size and Forecast, By Impeller Type
12.5.2.3 Market Size and Forecast, By End User
12.5.3 Colombia
12.5.3.1 Market Size and Forecast, By Stage
12.5.3.2 Market Size and Forecast, By Impeller Type
12.5.3.3 Market Size and Forecast, By End User
12.5.4 Peru
12.5.4.1 Market Size and Forecast, By Stage
12.5.4.2 Market Size and Forecast, By Impeller Type
12.5.4.3 Market Size and Forecast, By End User
12.5.5 Chile
12.5.5.1 Market Size and Forecast, By Stage
12.5.5.2 Market Size and Forecast, By Impeller Type
12.5.5.3 Market Size and Forecast, By End User
12.5.6 Venezuela
12.5.6.1 Market Size and Forecast, By Stage
12.5.6.2 Market Size and Forecast, By Impeller Type
12.5.6.3 Market Size and Forecast, By End User
12.5.7 Rest of Latin America
12.5.7.1 Market Size and Forecast, By Stage
12.5.7.2 Market Size and Forecast, By Impeller Type
12.5.7.3 Market Size and Forecast, By End User
13 Middle East Centrifugal Pump Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Centrifugal Pump Market Share Analysis, By Stage
13.3 Middle East Centrifugal Pump Market Size and Forecast, By Impeller Type
13.4 Middle East Centrifugal Pump Market Size and Forecast, By End User
13.5 Middle East Centrifugal Pump Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.1.1 Market Size and Forecast, By Stage
13.5.1.2 Market Size and Forecast, By Impeller Type
13.5.1.3 Market Size and Forecast, By End User
13.5.2 UAE
13.5.2.1 Market Size and Forecast, By Stage
13.5.2.2 Market Size and Forecast, By Impeller Type
13.5.2.3 Market Size and Forecast, By End User
13.5.3 Egypt
13.5.3.1 Market Size and Forecast, By Stage
13.5.3.2 Market Size and Forecast, By Impeller Type
13.5.3.3 Market Size and Forecast, By End User
13.5.4 Kuwait
13.5.4.1 Market Size and Forecast, By Stage
13.5.4.2 Market Size and Forecast, By Impeller Type
13.5.4.3 Market Size and Forecast, By End User
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Stage
13.5.5.2 Market Size and Forecast, By Impeller Type
13.5.5.3 Market Size and Forecast, By End User
13.5.6 Tanzania
13.5.6.1 Market Size and Forecast, By Stage
13.5.6.2 Market Size and Forecast, By Impeller Type
13.5.6.3 Market Size and Forecast, By End User
13.5.7 Rest of Middle East & Africa
13.5.7.1 Market Size and Forecast, By Stage
13.5.7.2 Market Size and Forecast, By Impeller Type
13.5.7.3 Market Size and Forecast, By End User
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market Share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Grundfos
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Xylem
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Flowserve
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 ITT Corporation
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 CIRCOR International
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Baker Hughes
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Gardner Denver
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Ebara Corporation
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Kirloskar Brothers Limited
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Tsurumi Manufacturing
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies