Global Centrifugal Pumps Market Size & Outlook, 2022-2030
Global centrifugal pumps market, 2018-2030 (US$M)
Related Markets
Global centrifugal pumps market highlights
- The global centrifugal pumps market generated a revenue of USD 50,421.0 million in 2022 and is expected to reach USD 66,635.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.5% by 2030.
- In terms of segment, single stage accounted for a revenue of USD 31,669.0 million in 2022.
- Multistage is the most lucrative stage segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 50,421.0 million |
| Market revenue in 2030 | USD 66,635.4 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Single stage |
| Fastest growing segment | Multistage |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Stage, Multistage |
Other key industry trends
- In terms of revenue, the North America accounted for 17.1% of the global centrifugal pumps market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 6,010.5 million by 2030.
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Centrifugal Pumps Market Scope
Centrifugal Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global centrifugal pumps market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to centrifugal pumps market will help companies and investors design strategic landscapes.
Single stage was the largest segment with a revenue share of 62.81% in 2022. Horizon Databook has segmented the Global centrifugal pumps market based on single stage, multistage covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Centrifugal Pumps Configuration Outlook (Revenue, USD Million, 2018-2030)
- Single Stage
- Multistage
- Global Centrifugal Pumps Design Outlook (Revenue, USD Million, 2018-2030)
- Radial Flow Pump
- Mixed Flow Pump
- Axial Flow Pump
- Global Centrifugal Pumps End Use Outlook (Revenue, USD Million, 2018-2030)
- Agriculture
- Construction & Building Services
- Water & Wastewater
- Power Generation
- Oil & Gas
- Chemical
- Other End Use
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Our clientele includes a mix of centrifugal pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global centrifugal pumps market , including forecasts for subscribers. This global databook contains high-level insights into Global centrifugal pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global centrifugal pumps market size, by regions, 2018-2030 (US$M)
Top 10 countries: Centrifugal pumps market size, 2022 (US$M)
Global centrifugal pumps market share, by configuration, 2022 & 2030 (%, US$M)
Centrifugal pumps market: Opportunity assessment by country
Global centrifugal pumps market, by region, 2022 (US$M)
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