Global Centrifugal Water Pump Market 2021-2025

Global Centrifugal Water Pump Market 2021-2025

Technavio has been monitoring the centrifugal water pump market and it is poised to grow by $ 7.40 billion during 2021-2025, progressing at a CAGR of 5.34% during the forecast period. Our report on the centrifugal water pump market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing investments in global construction industry and the increasing demand for water and wastewater treatment plants. In addition, increasing investments in global construction industry is anticipated to boost the growth of the market as well.

The centrifugal water pump market analysis includes the application segment and geographic landscape.

Technavio's centrifugal water pump market is segmented as below:

By Application

• Non-municipal
• Municipal

By Geographic

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the high demand for centrifugal water pumps from agricultural sectoras one of the prime reasons driving the centrifugal water pump market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on centrifugal water pump market covers the following areas:

• Centrifugal water pump market sizing
• Centrifugal water pump market forecast
• Centrifugal water pump market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading centrifugal water pump market vendors that include CIRCOR International Inc., Ebara Corp., Flowserve Corp., Grundfos Holding AS, ITT Inc., KSB SE and Co. KGaA, Sulzer Ltd., The Weir Group Plc, Wilo SE, and Xylem Inc. Also, the centrifugal water pump market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

CIRCOR International Inc., Ebara Corp., Flowserve Corp., Grundfos Holding AS, ITT Inc., KSB SE and Co. KGaA, Sulzer Ltd., The Weir Group Plc, Wilo SE, Xylem Inc.