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Centrifugal Pumps - Global Market Trajectory & Analytics

  • ID: 4804658
  • Report
  • September 2020
  • Region: Global
  • 374 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Baker Hughes
  • Flowserve Corporation
  • Itt Corporation
  • Pentair Plc
  • Sulzer
  • Wilo Se
  • MORE
Global Centrifugal Pumps Market to Reach $37.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Centrifugal Pumps estimated at US$31.9 Billion in the year 2020, is projected to reach a revised size of US$37.8 Billion by 2027, growing at a CAGR of 2.4% over the analysis period 2020-2027. Overhung Impeller, one of the segments analyzed in the report, is projected to record a 3% CAGR and reach US$17.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vertically Suspended segment is readjusted to a revised 2.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $8.6 Billion, While China is Forecast to Grow at 4.6% CAGR

The Centrifugal Pumps market in the U. S. is estimated at US$8.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.6 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.

Between Bearing Segment to Record 1.2% CAGR

In the global Between Bearing segment, USA, Canada, Japan, China and Europe will drive the 0.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.5 Billion in the year 2020 will reach a projected size of US$4.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.1 Billion by the year 2027, while Latin America will expand at a 1.9% CAGR through the analysis period. We bring years of research experience to this 9th edition of our report. The 374-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • Baker Hughes, a GE company
  • Circor International, Inc.
  • EBARA Corporation
  • Flowserve Corporation
  • Grundfos
  • ITT Corporation
  • KSB AG
  • Pentair Plc
  • Someflu SAS
  • Sulzer Ltd.
  • The Weir Group PLC
  • WILO SE
  • Xylem, Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Baker Hughes
  • Flowserve Corporation
  • Itt Corporation
  • Pentair Plc
  • Sulzer
  • Wilo Se
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • A Prelude to Centrifugal Pumps
  • Centrifugal Pumps Market to Register Rapid Growth
  • Multistage Centrifugal Pumps Grow in Popularity
  • Global Competitor Market Shares
  • Centrifugal Pump Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Demand from Oil and Gas Sector Spurs Market Expansion
  • Crude Oil Demand Worldwide in Million Barrels Per Day for the Years 2006 through 2019
  • Strong Demand from Water and Wastewater Treatment Plants Bodes Well for Market Expansion
  • Growth in Construction Industry to Drive Opportunities for Centrifugal Pumps Market
  • Growing Urbanization Spurs Market Demand for Centrifugal Pumps
  • Rising Infrastructure Investments in Emerging Markets to Drive Demand for Centrifugal Pumps
  • Innovation Propels Market Growth
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Centrifugal Pump Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Centrifugal Pump Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown
  • Baker Hughes
  • Circor International, Inc.
  • Ebara Corporation
  • Flowserve Corporation
  • Grundfos
  • Itt Corporation
  • Ksb Ag
  • Pentair Plc
  • Someflu Sas
  • Sulzer
  • The Weir Group Plc
  • Wilo Se
  • Xylem
Note: Product cover images may vary from those shown
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