Centrifugal Pump Market Structure with Top Industry Players, Region Wise Analysis and Complete Forecast Till 2028


DHANANJAY

Uploaded on Feb 7, 2023

Category Technology

The centrifugal pump market is projected to reach US$ 36,879.0 million by 2028 from US$ 25,154.3 million in 2021; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.

Category Technology

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Centrifugal Pump Market Structure with Top Industry Players, Region Wise Analysis and Complete Forecast Till 2028

Centrifugal Pump Market  Centrifugal Pump Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Stage (Single Stage and Multistage), Operation Type (Electric, Hydraulic, and Air Driven), Type (Overhung Impeller, Vertically Suspended, and Between Bearing), and Sector (Oil & Gas, Chemicals & Petrochemicals, Mining, Power Generation, Automotive, Agriculture, HVAC, Wastewater Management, and Others) Centrifugal Pump Market  Current and Future Market Scenario The centrifugal pump market is projected to reach US$ 36,879.0 million by 2028 from US$ 25,154.3 million in 2021; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028. Steady growth of the global economy has propelled industrialization and urbanization in the past few decades, which has subsequently favored the growth of construction industry. Western Europe has matured residential construction and nonresidential construction industries, and these industries are growing at a steady pace in the Eastern Europe. Moreover, governments of European countries are emphasizing on the deployment of transport infrastructure projects. For instance, the Brenner Base Tunnel project, a new 55-kilometer-long German-Austrian railway line in the Eastern part of Alps, is scheduled for completion by 2028. Further, the world’s longest immersed rail and road tunnel between Germany and Denmark, which it would be built by Femern A/S, received an approval in 2020. The construction of the Ceneri Base Rail Tunnel, which is anticipated to connect the Mediterranean and the North Sea in future, was completed in September 2020. In April 2020, RZD International completed the Cortanovci railway tunnel and viaduct in Serbia. Thus, the continuous rise in these projects is bolstering the demand for centrifugal pumps. Centrifugal Pump Market    Market Segments By Geography By Type By Hybridization Technique North America Overhung Impeller Electric Europe Vertically Suspended Hydraulic Asia Pacific (APAC) Between Bearing Air Driven Middle East and Africa (MEA) South and Central America (SCAM) Centrifugal Pump Market   Leading Players Company Profiles in Centrifugal Pump Market are:   Grundfos Holding A/S KIRLOSKAR BROTHERS LIMITED KSB SE & Co. KGaA PLEUGER INDUSTRIES Sulzer Ltd The Weir Group PLC Tsurumi Manufacturing Co., Ltd. WILO SE Xylem Inc. Centrifugal Pump Market   Access Full Research Report at: Access Full Research Report at: https://www.theinsightpartners.com/reports/rice-seeds-market https://www.theinsightpartners.com/reports/centrifugal-pump-market/ Thank You!