Centrifugal Pumps Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026 - 2035
Description
The Global Centrifugal Pumps Market was valued at USD 42 billion in 2025 and is estimated to grow at a CAGR of 4.8% to reach USD 66.9 billion by 2035.
Accelerating urban development and expanding industrial activity worldwide significantly increase the demand for reliable fluid movement solutions. Rising pressure on global water resources strengthens the need for efficient water handling, reuse, and treatment systems, where centrifugal pumps remain a core component. Regulatory emphasis on sustainability and resource efficiency further supports long-term demand as industries seek compliant and energy-efficient pumping solutions. In parallel, continued growth in energy production and processing infrastructure sustains the requirement for high-capacity and high-reliability pump systems. Centrifugal pumps play a critical role in supporting fluid transfer operations across extraction, processing, and distribution environments. As production volumes rise and operational uptime becomes increasingly important, pump reliability and efficiency gain strategic importance. Manufacturers benefit from steady capital investments aimed at upgrading infrastructure, improving operational resilience, and optimizing lifecycle performance. These combined factors create a consistent demand environment, positioning centrifugal pumps as essential assets across global industrial and municipal systems.
The radial flow pumps segment generated USD 22.3 billion in 2025 and is projected to reach USD 35.5 billion by 2035. Their ability to deliver sustained pressure at controlled flow rates supports widespread adoption in processes that require consistent operational performance.
The direct sales channel reached USD 23 billion in 2025 and holds 54.6% share. Direct engagement enables closer collaboration between manufacturers and end users, supporting system optimization, faster issue resolution, and improved lifecycle management through direct access to technical expertise and original components.
U.S. Centrifugal Pumps Market garnered USD 8.2 billion in 2025 and is expected to grow at a CAGR of 4.8% between 2026 and 2035. Large-scale infrastructure investment and modernization initiatives continue to drive demand for advanced pumping systems that support efficient water and utility management nationwide.
Key companies operating in the Global Centrifugal Pumps Market include Grundfos, Flowserve Corporation, Sulzer Ltd., Xylem Inc., KSB Group, ITT Inc., Ebara Corporation, Andritz AG, Wilo SE, Pentair PLC, SPX Flow, Inc., Weir Group PLC, Kirloskar Brothers Limited, Torishima Pump Manufacturing Co., Ltd., and Shakti Pumps (India) Ltd. Companies strengthen their position through continuous product innovation, energy-efficiency improvements, and expanded service offerings. Many manufacturers invest in digital monitoring, predictive maintenance solutions, and smart pump technologies to enhance operational reliability. Expanding global manufacturing footprints and localized service networks improves responsiveness and reduces downtime for customers. Strategic partnerships and long-term service agreements support customer retention and recurring revenue streams. Firms also focus on material advancements and modular designs to address diverse operating conditions.
Accelerating urban development and expanding industrial activity worldwide significantly increase the demand for reliable fluid movement solutions. Rising pressure on global water resources strengthens the need for efficient water handling, reuse, and treatment systems, where centrifugal pumps remain a core component. Regulatory emphasis on sustainability and resource efficiency further supports long-term demand as industries seek compliant and energy-efficient pumping solutions. In parallel, continued growth in energy production and processing infrastructure sustains the requirement for high-capacity and high-reliability pump systems. Centrifugal pumps play a critical role in supporting fluid transfer operations across extraction, processing, and distribution environments. As production volumes rise and operational uptime becomes increasingly important, pump reliability and efficiency gain strategic importance. Manufacturers benefit from steady capital investments aimed at upgrading infrastructure, improving operational resilience, and optimizing lifecycle performance. These combined factors create a consistent demand environment, positioning centrifugal pumps as essential assets across global industrial and municipal systems.
The radial flow pumps segment generated USD 22.3 billion in 2025 and is projected to reach USD 35.5 billion by 2035. Their ability to deliver sustained pressure at controlled flow rates supports widespread adoption in processes that require consistent operational performance.
The direct sales channel reached USD 23 billion in 2025 and holds 54.6% share. Direct engagement enables closer collaboration between manufacturers and end users, supporting system optimization, faster issue resolution, and improved lifecycle management through direct access to technical expertise and original components.
U.S. Centrifugal Pumps Market garnered USD 8.2 billion in 2025 and is expected to grow at a CAGR of 4.8% between 2026 and 2035. Large-scale infrastructure investment and modernization initiatives continue to drive demand for advanced pumping systems that support efficient water and utility management nationwide.
Key companies operating in the Global Centrifugal Pumps Market include Grundfos, Flowserve Corporation, Sulzer Ltd., Xylem Inc., KSB Group, ITT Inc., Ebara Corporation, Andritz AG, Wilo SE, Pentair PLC, SPX Flow, Inc., Weir Group PLC, Kirloskar Brothers Limited, Torishima Pump Manufacturing Co., Ltd., and Shakti Pumps (India) Ltd. Companies strengthen their position through continuous product innovation, energy-efficiency improvements, and expanded service offerings. Many manufacturers invest in digital monitoring, predictive maintenance solutions, and smart pump technologies to enhance operational reliability. Expanding global manufacturing footprints and localized service networks improves responsiveness and reduces downtime for customers. Strategic partnerships and long-term service agreements support customer retention and recurring revenue streams. Firms also focus on material advancements and modular designs to address diverse operating conditions.
Table of Contents
191 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope and definition
- 1.2 Research design
- 1.2.1 Research approach
- 1.2.2 Data collection methods
- 1.3 Data mining sources
- 1.3.1 Global
- 1.3.2 Regional/Country
- 1.4 Base estimates and calculations
- 1.4.1 Base year calculation
- 1.4.2 Key trends for market estimation
- 1.5 Primary research and validation
- 1.5.1 Primary sources
- 1.6 Forecast model
- 1.7 Research assumptions and limitations
- Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
- 2.2 Key market trends
- 2.2.1 Regional trends
- 2.2.2 Pump type trends
- 2.2.3 Design trends
- 2.2.4 Type trends
- 2.2.5 Stage trends
- 2.2.6 Operation trends
- 2.2.7 End use industry trends
- 2.2.8 Distribution channel trends
- 2.3 CXO perspective: Strategic imperatives
- 2.3.1 Key decision points for industry executives
- 2.3.2 Critical success factors for market players
- 2.4 Future outlook and strategic recommendations
- 2.5 Strategic recommendations
- 2.5.1 Supply chain diversification strategy
- 2.5.2 Product portfolio enhancement
- 2.5.3 Partnership and alliance opportunities
- 2.5.4 Cost management and pricing strategy
- 2.6 Decision framework
- 2.6.1 Investment priority matrix
- 2.6.2 ROI analysis
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Supplier Landscape
- 3.1.2 Profit Margin
- 3.1.3 Value addition at each stage
- 3.1.4 Factor affecting the value chain
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
- 3.2.3 Opportunities
- 3.3 Growth potential analysis
- 3.4 Future market trends
- 3.5 Price trends
- 3.5.1 By region and pump type
- 3.5.2 Raw material cost
- 3.5.3 Real vs. perceived capacity constraints in supply of raw materials
- 3.5.4 Supplier price increase validation
- 3.6 Regulatory framework
- 3.6.1 By Region
- 3.7 Trade statistics
- 3.7.1 Major importing countries
- 3.7.2 Major exporting countries
- 3.8 Porter's five forces analysis
- 3.9 PESTEL analysis
- Chapter 4 Competitive Landscape, 2025
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.2.1 By Region
- 4.3 Company matrix analysis
- 4.4 Competitive analysis of major market players
- 4.5 Competitive positioning matrix
- 4.6 Product portfolio benchmarking
- 4.7 Key developments
- 4.7.1 Mergers & acquisitions
- 4.7.2 Partnerships & collaborations
- 4.7.3 New Product Launches
- 4.7.4 Expansion Plans
- Chapter 5 Market Estimates & Forecast, By Pump Type, 2022 – 2035 (USD Billion) (Million Units)
- 5.1 Key trends
- 5.2 Axial flow pump
- 5.3 Mixed flow pump
- 5.4 Radial flow pump
- Chapter 6 Market Estimates & Forecast, By Design, 2022 – 2035 (USD Billion) (Million Units)
- 6.1 Key trends
- 6.2 Horizontal centrifugal pump
- 6.3 Vertical centrifugal pump
- Chapter 7 Market Estimates & Forecast, By Type, 2022 – 2035 (USD Billion) (Million Units)
- 7.1 Key trends
- 7.2 Portable
- 7.3 Stationary
- Chapter 8 Market Estimates & Forecast, By Stage, 2022 – 2035 (USD Billion) (Million Units)
- 8.1 Key trends
- 8.2 Single-stage pump
- 8.3 Multi-stage pump
- Chapter 9 Market Estimates & Forecast, By Operation, 2022 – 2035 (USD Billion) (Million Units)
- 9.1 Key trends
- 9.2 Electric-driven pump
- 9.3 Engine-driven pump
- Chapter 10 Market Estimates & Forecast, By End Use Industry, 2022 – 2035 (USD Billion) (Million Units)
- 10.1 Key trends
- 10.2 Mining
- 10.3 Building & construction
- 10.4 Oil & gas
- 10.5 General industries
- 10.6 Water & wastewater treatment
- 10.7 Chemicals
- 10.8 Power generation
- 10.9 Others (agriculture etc.)
- Chapter 11 Market Estimates & Forecast, By Distribution Channel, 2022 – 2035, (USD Billion) (Million Units)
- 11.1 Key trends
- 11.2 Direct
- 11.3 Indirect
- Chapter 12 Market Estimates & Forecast, By Region, 2022 – 2035, (USD Billion) (Million Units)
- 12.1 Key trends
- 12.2 North America
- 12.2.1 U.S.
- 12.2.2 Canada
- 12.3 Europe
- 12.3.1 Germany
- 12.3.2 U.K.
- 12.3.3 France
- 12.3.4 Italy
- 12.3.5 Spain
- 12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 India
- 12.4.3 Japan
- 12.4.4 South Korea
- 12.4.5 Australia
- 12.5 Latin America
- 12.5.1 Brazil
- 12.5.2 Mexico
- 12.5.3 Argentina
- 12.6 MEA
- 12.6.1 UAE
- 12.6.2 Saudi Arabia
- 12.6.3 South Africa
- Chapter 13 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)
- 13.1 Andritz AG
- 13.2 Ebara Corporation
- 13.3 Flowserve Corporation
- 13.4 Grundfos
- 13.5 ITT Inc.
- 13.6 Kirloskar Brothers Limited
- 13.7 KSB Group
- 13.8 Pentair PLC
- 13.9 Shakti Pumps (India) Ltd.
- 13.10 SPX Flow, Inc.
- 13.11 Sulzer Ltd.
- 13.12 Torishima Pump Manufacturing Co., Ltd.
- 13.13 Weir Group PLC
- 13.14 Wilo SE
- 13.15 Xylem Inc.
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