QYR Market Research United States Vertical Turbine Pumps market resear | Page 3

QYResearch
• Vertical turbine pumps are designed to move water from an
underground well or reservoir. They’re also known a deep well
turbine pumps or a line shaft turbine pumps. The electric motor
of a vertical turbine pump is located above ground, connected via
a long vertical shaft to impellers at the bottom of the pump.
• The vertical turbine pumps are expected to grow at a CAGR of
2% from 123.52 million USD in 2016 to reach 139.14 million USD
by 2022 in United States market. The vertical turbine pumps
market is very concerted market; the revenue of top ten players
accounts about 70% of the total revenue in 2016. The high-end
products mainly come from USA and Europe.