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North American Centrifugal Pumps Market, Forecast to 2024

  • Report

  • 92 Pages
  • March 2018
  • Region: North America
  • Frost & Sullivan
  • ID: 4481348

Industrial Internet of Things to Disrupt Conventional Market Dynamics

The aim of this research study is to assess trends and evaluate the opportunities for centrifugal pumps across North America until 2024. This research examines the growth  prospects of process equipment pump companies across the region, the changing competitive landscape, and the needs and requirements of customers. The study focuses on how smarter and more energy-efficient pumps are gaining widespread adoption. It also highlights how the pump market is set to benefit both in terms of revenues and unit shipment growth as economies recover, export markets are restored, and the growth rate for various end-user segments in the North American region rises.

Digital transformation caused by the convergence of industry forces is driving unprecedented change. Data is the new currency, and there is demand from end-users to generate and mine the data to convert it into actionable insights. This will transform and drive strong growth in the pumps market in the next few years. This research study brings out the latest trends in terms of industry, economy and technology across several end-user industries for centrifugal pumps and their product types.

Research Scope

  • Regions - North America: United States and Canada
  • Product Technology - Single stage, Multi stage, Axial and Mixed Flow, Submersible, Seal-less and Circulator
  • End-user Industries - Oil and Gas, Water and Wastewater, Chemicals, Power Generation, Construction, Metals and Mining, Pharmaceutical, Food and Beverage and Others which includes Pulp and Paper, Marine, Textile, Iron and Steel, Automotive, and Agriculture

Key Issues Addressed

  • How is the market expected to grow between 2017 and 2024?
  • What are the major market drivers and restraints impacting the North America centrifugal pumps across key end-user industries? How will these factors impact the market in the long- term?
  • What are the important business trends that are poised to disrupt the North American centrifugal pumps business?
  • Which type of pump types are considered most likely to grow by end-user companies and at what rates are they expected to grow?
  • Which key Mega Trends from select end-user industries will be the main propellers of economic activity in North America?
  • How has the competitive landscape changed? What is the relative position of competitors in the North American centrifugal pumps market?

Table of Contents

1. Executive Summary
  • Key Findings
  • Market Engineering Measurements
  • CEO’s Perspective


2. Market Overview
  • Research Scope
  • Key Questions this Study will Answer
  • Scope of the Study-Segmentation
  • Market Segmentation
  • Market Distribution Channels


3. Drivers and Restraints-Total Centrifugal Pumps Market
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained


4. Forecasts and Trends-Total Centrifugal Pump Market
  • Market Engineering Measurements
  • Forecast Assumptions
  • Unit Shipment and Revenue Forecast
  • Pricing Trends and Forecast
  • Pricing Trends and Forecast Discussion
  • Percent Revenue Forecast by Country
  • Revenue Forecast by Country
  • Revenue Forecast Discussion by Country
  • Revenue Forecast by Vertical Market
  • Revenue Forecast Discussion by Vertical Market
  • Percent Revenue Forecast by Distribution Channel
  • Percent Revenue Forecast Discussion by Distribution Channel


5. Market Share and Competitive Analysis—Total Centrifugal Pump Market
  • Market Share
  • Market Share Analysis
  • Competitive Environment
  • Competitive Factors and Assessment


6. Growth Opportunities and Companies to Action
  • Growth Opportunity 1-Energy Efficiency at the Forefront
  • Growth Opportunity 2-Industrial Internet of Things (IIoT)
  • Growth Opportunity 3-Changing Market Dynamics
  • Growth Opportunity 4-Market Positioning
  • Strategic Imperatives for Success and Growth


7. CEO’s 360 Degree Perspective
8. Single Stage Pumps Segment Analysis
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion


9. Multi Stage Pumps Segment Analysis
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion


10. Axial and Mixed Pumps Segment Analysis
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion


11. Submersible Pumps Segment Analysis
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion


12. Sealless and Circulator Pumps Segment Analysis
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast Discussion


13. The Last Word
  • The Last Word - 3 Big Predictions
  • Legal Disclaimer


14. Appendix
  • Market Engineering Methodology
  • Additional Sources of Information on Study Topic
  • List of Companies in “Others”
  • Partial List of Companies Interviewed
  • Learn More - Next Steps
  • List of Exhibits

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alfa Laval
  • Colfax
  • Desmi
  • Dover
  • Duchting Pumpen
  • Ebara
  • FEDCO
  • FlowServe
  • Franklin
  • Grundfos
  • Hitachi
  • ITT
  • KSB
  • Kirloskar
  • Pentair
  • Ruhrpumpen Crane
  • S.A. Armstrong
  • SPX Flow Technology
  • Sakthi
  • Sulzer
  • Sundyne
  • TSURUMI
  • The Gorman Rupp Company
  • Wier
  • Wild SE
  • Xylem