The
report "Centrifugal
Pump Market by Type (Overhung Impeller, Vertically Suspended, and between
Bearing), Stage (Single Stage, Multistage), End-User (Water and Wastewater,
Chemicals, Oil & Gas, Power, Commercial and Residential), and Region -
Global Forecast to 2022", The centrifugal pump market is expected to
grow from an estimated USD 30.65 billion in 2017 to USD 36.98 billion by 2022,
at a CAGR of 3.83%, during the forecast period. The market is set to witness
growth due to increasing investments in infrastructure development and rising
demand from the industrial sector.
Browse 69 tables and 40
figures spread through 154 pages and in-depth TOC on "Centrifugal Pump
Market - Global Forecast to 2022"
The single stage
centrifugal pump market is expected to be the largest centrifugal pump market,
by stage, in 2017.
The
single stage pump segment is expected to be the largest segment of the
centrifugal pump market, by stage, in 2017. These pumps are widely used in the
industrial sector as they can handle large flow volumes of fluids. Increased
investments in infrastructure and solar power plants and the growing household
sector in developing countries are the key drivers of the single stage
centrifugal pump market.
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The vertically suspended
centrifugal pump market is expected to be the second-largest centrifugal pump
market, by type, during the forecast period.
Vertically
suspended pumps are self-priming and use 75% less floor space than horizontal
pumps with electric motor drives. An increase in the demand for multistage
pumps with high pressure in high rise commercial buildings, the petroleum, oil
& gas, and industry process services, and cooling power systems are the
major factors driving the market for vertically suspended pumps.
Europe: Key market for
centrifugal pumps during the forecast period.
In
this report, the centrifugal pump market has been analyzed with respect to 6
regions, namely, Asia Pacific, Europe, North America, South America, the Middle
East, and Africa. Europe is expected to be the second-largest centrifugal pump
market, by region, during the forecast period. The increased demand from the
water and wastewater sector, moderate demand from the construction and mining
sectors, the growing awareness of energy savings, high per capita income, and
supportive government plans are expected to drive the market for centrifugal
pumps in this region. Germany, Russia, and the UK are the leading countries
which will contribute to the growth of the centrifugal pump market in Europe.
Scope of the Report:
By Pump Type
·
Overhung Impeller
·
Vertically Suspended
·
Between Bearing
By Stage
·
Single Stage
·
Multistage
By End User
·
Industrial
·
Commercial and Residential
By Region
·
Asia Pacific
·
Europe
·
North America
·
Middle East
·
South America
·
Africa
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To
enable an in-depth understanding of the competitive landscape, the report
includes the profiles of some of the top players in the centrifugal pump
market such as ITT (US), Flowserve
(US), KSB (Germany), Sulzer (Switzerland), Grundfos (Denmark), and Ebara
(Japan).
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