Industry Insights
The global Centrifugal Pump market was valued at 38.7 billion in 2018. These pumps provide advantages such as high efficiency, low maintenance costs, high degree of automation and less energy consumption. This advantage has spurred a rise in centrifugal pup usage and this trend is expected to continue over the forecast period.
The global Centrifugal Pump market is segmented on the basis of Type, Application, and End Use. The global Centrifugal Pump market is segmented based on Type as Single-Stage Pumps, Multi-Stage Pumps, Submersible Pumps, Axial & Mixed Flow Pumps, and Seal less & Circulatory Pumps. Based on Application the global Centrifugal Pump market is segregated as Small, Medium, and Large. Based on End Use the global Centrifugal Pump market is segmented as Chemical, Water & Wastewater Treatment, Power, Oil & gas, Pharmaceuticals, Food & beverages, Agricultural, Domestic, and Others.
The regional outlook on the global Centrifugal Pump market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Centrifugal Pump market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
Replacement of existing industrial as well as agricultural infrastructure including pumps in countries such as India, Mexico and brazil has opened up new opportunities for market participants. Companies are sourcing high end technology from countries such as Germany and are establishing manufacturing units in emerging regions.
The global Centrifugal Pump market is highly competitive in nature with major players including Clyde Union Pumps, Sulzer AG, Ebara Corporation, ITT Corporation, Baker Hughes, Flowserve Corporation, Grundfos, Weir Group Plc., KSB AG, Vertiflow Pump Company, and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Centrifugal Pump market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Centrifugal Pump market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024. The market segmentations include,
Centrifugal Pump Market, By Type
• Single-Stage Pumps
• Multi-Stage Pumps
• Submersible Pumps
• Axial & Mixed Flow Pumps
• Seal less & Circulatory Pumps
Centrifugal Pump Market, By Application
• Small
• Medium
• Large
Centrifugal Pump Market, By End Use
• Chemical
• Water & Wastewater Treatment
• Power
• Oil & gas
• Pharmaceuticals
• Food & beverages
• Agricultural
• Domestic
• Others
Centrifugal Pump Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include Clyde Union Pumps, Sulzer AG, Ebara Corporation, ITT Corporation, Baker Hughes, Flowserve Corporation, Grundfos, Weir Group Plc., KSB AG, Vertiflow Pump Company, and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
• Global Centrifugal Pump market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global Centrifugal Pump market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
Table of Contents
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Centrifugal Pump Market, By Type
5.1 Introduction
5.2 Single-Stage Pumps
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Multi-Stage Pumps
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Submersible Pumps
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Axial & Mixed Flow Pumps
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Seal less & Circulatory Pumps
5.6.1 Market Overview
5.6.2 Market Size and Forecast
6. Centrifugal Pump Market, By Type
6.1 Introduction
6.2 Small
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Medium
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Large
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7.1 Introduction
7.2 Chemical
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Water & Wastewater Treatment
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Power
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Oil & gas
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Pharmaceuticals
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Food & beverages
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Agricultural
7.8.1 Market Overview
7.8.2 Market Size and Forecast
7.9 Domestic
7.9.1 Market Overview
7.9.2 Market Size and Forecast
7.10 Others
7.10.1 Market Overview
7.10.2 Market Size and Forecast
8. Centrifugal Pump Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Centrifugal Pump, By Type
8.2.2 North America Centrifugal Pump, By Application
8.2.3 North America Centrifugal Pump, By End Use
8.3 Europe
8.3.1 Europe Centrifugal Pump, By Type
8.3.2 Europe Centrifugal Pump, By Application
8.3.3 Europe Centrifugal Pump, By End Use
8.4 Asia-Pacific
8.4.1 Asia-Pacific Centrifugal Pump, By Type
8.4.2 Asia-Pacific Centrifugal Pump, By Application
8.4.3 Asia-Pacific Centrifugal Pump, By End Use
8.5 Rest of the World
8.5.1 Rest of the World Centrifugal Pump, By Type
8.5.2 Rest of the World Centrifugal Pump, By Application
8.5.3 Rest of the World Centrifugal Pump, By End Use
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 Clyde Union Pumps
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Sulzer AG
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Ebara Corporation
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 ITT Corporation
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Baker Hughes
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Flowserve Corporation
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Grundfos
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Weir Group Plc.
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 KSB AG
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 Vertiflow Pump Company
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
SDMR employs a three way data triangulation approach to arrive at market estimates. We use primary research, secondary research and data triangulation by top down and bottom up approach
Secondary Research:
Our research methodology involves in-depth desk research using various secondary sources. Data is gathered from association/government publications/databases, company websites, press releases, annual reports/presentations/sec filings, technical papers, journals, research papers, magazines, conferences, tradeshows, and blogs.
Key Data Points through secondary research-
Macro-economic data points
Import Export data
Identification of major market trends across various applications
Primary understanding of the industry for both the regions
Competitors analysis for the production capacities, key production sites, competitive landscape
Key customers
Production Capacity
Pricing Scenario
Cost Margin Analysis
Key Data Points through primary research-
Major factors driving the market and its end application markets
Comparative analysis and customer analysis
Regional presence
Collaborations or tie-ups
Annual Production, and sales
Profit Margins
Average Selling Price
Data Triangulation:
Data triangulation is done using top down and bottom approaches. However, to develop accurate market sizing estimations, both the methodologies are used to accurately arrive at the market size. Insert Image