Infinium Global Research Centrifugal Pump Market | Page 3

Centrifugal Pump Market: Trends and Forecast -2024
Among the Geographies, Asia Pacific has the highest market share in 2017 and is
expected to increase its dominance over the forecast period. Large number of
Chinese players in the market manufacturing low priced centrifugal products are
responsible for driving growth in this region. Moreover, the growth in various end-
use industries such as Manufacturing, Industrial, Chemicals, Pharmaceutical, Food
Production, waste management and agriculture in Asia Pacific region too would
augment the market growth. North America and Europe to grow at steady growth
rate throughout the forecast period.
Segment Covered
The report on global centrifugal pump market covers segments such as, product
type and end-user. On the basis of product type, the global centrifugal pump
market is categorized into single stage pump, multi stage pump, axial & mixed flow
pumps, submersible pumps and seal-less & circulator pump. On the basis of end-
user, the global centrifugal pump market is categorized into industrial, agricultural
and domestic.
Geographic Coverage
The report provides regional analysis covering geographies such as North America,
Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and
market size for each geography is provided over the period of 2016-2024. The
countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
as India and China. The APAC region is projected to experience a growth at a CAGR
of x.x% over the period of 2018-2024.
Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global centrifugal pump
market such as, Flowserve Corporation, KSB AG, Sulzer AG, Ebara Corporation,
Grundfos Holding A/S, Xylem Inc, ITT Inc., The Weir Group PLC, Wilo SE and Tsurumi
Manufacturing Co., Ltd..
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