BUSINESS: Centrifugal Water Pump Market To Grow By USD 7.40 Billion| Evolving Opportunities With CIRCOR International Inc. & Ebara Corp. Emerge As Key Contributors To Growth| 17000+ Technavio Reports

dWeb.News Article from Daniel Webster dWeb.News

By Daniel Webster, dWeb.News Publisher

NEW YORK, Nov. 24, 2021 /PRNewswire/ — The centrifugal water pump market is set to grow by USD 7.40 billion, progressing at a CAGR of  5.34% from 2020 to 2025. 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. are some of the major market participants. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Attractive Opportunities in Centrifugal Water Pump Market by Application and Geography – Forecast and Analysis 2021-2025

Centrifugal Water Pump Market 2021-2025: Drivers & Challenges

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The increasing investments in the global construction industry and the high demand for centrifugal water pumps from the agricultural sector will offer immense growth opportunities. However, the cavitation effect in centrifugal pumps will hamper the market growth. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Centrifugal Water Pump Market 2021-2025: Scope

The report also covers the following areas:

Centrifugal Water Pump Market size
Centrifugal Water Pump Market trends
Centrifugal Water Pump Market industry analysis

Centrifugal Water Pump Market 2021-2025: Segmentation

Application
Non-municipal
Municipal
Geography
APAC
Europe
North America
South America
MEA

Centrifugal Water Pump Market 2021-2025: Key Regions & Revenue Generating Segment

40% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for centrifugal water pumps in APAC. The increasing demand for water and wastewater management in developed countries will facilitate the centrifugal water pump market growth in APAC over the forecast period.

The centrifugal water pump market share growth by the non-municipal segment has been significant for revenue-generating. Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the centrifugal water pump market size

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Centrifugal Water Pump Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist centrifugal water pump market growth during the next five years
Estimation of the centrifugal water pump market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the centrifugal water pump market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of centrifugal water pump market vendors

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Centrifugal Water Pump Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.34%

Market growth 2021-2025

USD 7.40 billion

Market structure

Fragmented

YoY growth (%)

5.14

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

China, US, Japan, Russian Federation, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization preview

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About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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