Energy and Power Centrifugal Pump Market Analysis | Page 2

to the rising investment infrastructure development. Moreover, he increased demand from the
water and wastewater sector, moderate demand from constructions sector, rising urbanization, and
supportive government plans are expected to drive the market for centrifugal pumps in Asia Pacific
region. The pumps market would be mainly driven by the growing need for water conservation in
the countries such as US and Canada.
Competitive Landscape:
The global centrifugal pump market is gaining much from tactical moves that have been
implemented by leading players. These companies deploy such moves to ensure their personal
growth which, consequently, takes the global market forward. MRFR in their report enlisted
several companies and profiled them to understand dominating trends in the market. These
companies are Grundfos (Denmark), Xylem (US), KSB (Germany), Flowserve (US), Sulzer
(Switzerland), Circor International (US), Wilo (Germany), ITT Corporation (US), Pentair (US),
Ebara Corporation (Japan), Baker Hughes, A GE Company (US), Someflu (France), and Weir
(UK).
In May 2019, BorgWarner launched a new GenV AWD coupling that is expected to enhance the
experience of drivers. The technology has included a new centrifugal pump replacing some
features like the accumulator, filter and pressure control valve from the previous generation. This
technology has got nod from the BMW Group. The technology has reduced the weight of the
machine and improved the performance of the entire system. It can also work well with mild hybrid
vehicles.
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