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Global Centrifugal Pumps Market 2017-2021

Global Centrifugal Pumps Market 2017-2021

About Centrifugal Pumps

Centrifugal pump is mainly used to move the fluids from one place to another. It is also used to control the flow rate of a liquid. It converts the rotational kinetic energy to the hydrodynamic energy to move the fluids. Centrifugal pumps are mainly divided into three product types: axial pumps, mixed pumps, and radial pumps.

Technavio’s analysts forecast the global centrifugal pumps market to grow at a CAGR of 4.05% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global centrifugal pumps market for 2017-2021. To calculate the market size, the report considers new installations, retrofits, and replacements.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Centrifugal Pumps Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Flowserve
  • ITT
  • Sulzer
  • KSB
  • Pentair
Other prominent vendors
  • Atlas Copco
  • Dandong Colossus & Co
  • John Crane
  • EBARA Corporation
  • Siemens
  • Apex Pumps
  • Carver Pump
  • Dencil Pumps
  • KTR Kupplungstechnik
  • Castle Pumps
Market driver
  • Growing importance for increasing efficiency and reducing operational cost
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Increasing mergers and acquisitions
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Centrifugal Pumps Market 2017-2021

Technavio recognizes the following companies as the key players in the global centrifugal pumps market: Flowserve, ITT, Sulzer, KSB, and Pentair.

Other Prominent Vendors in the market are: Atlas Copco, Dandong Colossus & Co, John Crane, EBARA Corporation, Siemens, Apex Pumps, Carver Pump, Dencil Pumps, KTR Kupplungstechnik, and Castle Pumps.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing mergers and acquisitions. Most vendors of the global centrifugal pumps market are opting for long-term contracts due to heavy competition and fluctuating raw material prices. Therefore, vendors are opting for mergers and acquisitions to expand their business operations and tackle the competition.”

According to the report, one driver in the market is growing importance for increasing efficiency and reducing operational cost. Most end-users are upgrading their existing machinery and equipment to improve efficiency, reduce operational cost, and integrate all operational functions. Growing awareness among end-users about the need for energy savings is one of the reasons for the upgrade and modernization of plants. Most governments around the world are imposing strict regulations to control the energy consumptions.

Further, the report states that one challenge in the market is volatility in raw material prices. Unstable raw material prices affect the cost of production, and many prominent vendors are choosing a long-term contract with their suppliers to overcome the fluctuating raw material prices. This strategy is not feasible for small vendors who are adversely affected by the fluctuating raw material prices. Stainless steel, iron, bronze, and copper are major raw materials used for centrifugal pumps.



Companies Mentioned

Flowserve, ITT, Sulzer, KSB, Pentair, Atlas Copco, Dandong Colossus & Co, John Crane, EBARA Corporation, Siemens, Apex Pumps, Carver Pump, Dencil Pumps, KTR Kupplungstechnik, and Castle Pumps.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table End-user preferences of centrifugal pump product types
  • Market landscape
    • Market overview
      • Table Market landscape
    • Market size and forecast
      • Table Global centrifugal pumps market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global centrifugal pumps market by product type
      • Table Global centrifugal pumps market by product type 2016 and 2021 (% share)
    • Global axial centrifugal pumps market
      • Table Global axial centrifugal pumps market 2016-2021 ($ billions)
      • Table Use application of axial type centrifugal pumps
    • Global mixed centrifugal pumps market
      • Table Global mixed type centrifugal pumps market 2016-2021 ($ billions)
      • Table Usage application of mixed type centrifugal pumps
    • Global radial type centrifugal pumps market
      • Table Global radial type centrifugal pumps market 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Global centrifugal pumps market by end-user type
      • Table Global centrifugal pumps market by end-user type 2016 and 2021 (% share)
    • Global centrifugal pumps market in water and wastewater industry
      • Table Global centrifugal pumps market in water and wastewater industry 2016-2021 ($ billions)
    • Global centrifugal pumps market in oil and gas industry
      • Table Global centrifugal pumps market in oil and gas industry 2016-2021 ($ billions)
    • Global centrifugal pumps market in chemical industry
      • Table Global centrifugal pumps market in chemical industry 2016-2021 ($ billions)
    • Global centrifugal pumps market in power generation industry
      • Table Global centrifugal pumps market in power generation industry 2016-2021 ($ billions)
    • Global centrifugal pumps market in food and beverage industry
      • Table Global centrifugal pumps market in food and beverage industry 2016-2021 ($ billions)
    • Global centrifugal pumps market in other industries
      • Table Global centrifugal pumps market in other industries 2016-2021 ($ billions)
  • Geographical segmentation
    • Global centrifugal pumps market by geography
      • Table Global centrifugal pumps market by geography 2016 and 2021 (% share)
    • Centrifugal pumps market in EMEA
      • Table Centrifugal pumps market in EMEA 2016-2021 ($ billions)
      • Table Key investments in EMEA
    • Centrifugal pumps market in APAC
      • Table Centrifugal pumps market in APAC 2016-2021 ($ billions)
      • Table Key investments in APAC
    • Centrifugal pumps market in Americas
      • Table Centrifugal pumps market in Americas 2016-2021 ($ billions)
      • Table Key investments in Americas
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Change in price of iron and copper in 2016
  • Market trends
    • Increasing mergers and acquisitions
      • Table Key mergers and acquisitions
    • Use of intelligent pump systems and micro disc pump technology
    • Rise in use of solar pumps
  • Vendor landscape
    • Competitive landscape
    • Prominent vendors
      • Table Prominent vendors in global centrifugal pumps market
    • Other prominent vendors
      • Table Other prominent vendors in global centrifugal pumps market
    • Competition analysis
    • Flowserve
      • Table Flowserve: Business segments
      • Table Flowserve: Products offered
    • ITT
      • Table ITT: Business segments
      • Table ITT: Products offered
    • Sulzer
      • Table Sulzer: Business segments
      • Table ITT: Products offered
    • KSB
      • Table KSB: Business segments
      • Table KSB: Product portfolio
    • Pentair
      • Table Pentair: Business segments
      • Table Pentair: Products portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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