China Centrifugal Pumps Market Size & Outlook, 2022-2030
China centrifugal pumps market, 2018-2030 (US$M)
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China centrifugal pumps market highlights
- The China centrifugal pumps market generated a revenue of USD 8,796.9 million in 2022 and is expected to reach USD 12,227.6 million by 2030.
- The China market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
- In terms of segment, single stage was the largest revenue generating stage in 2022.
- Multistage is the most lucrative stage segment registering the fastest growth during the forecast period.
Centrifugal pumps market data book summary
| Market revenue in 2022 | USD 8,796.9 million |
| Market revenue in 2030 | USD 12,227.6 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Single stage |
| Fastest growing segment | Multistage |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Stage, Multistage |
Other key industry trends
- In terms of revenue, China accounted for 17.4% of the global centrifugal pumps market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China centrifugal pumps market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,177.1 million by 2030.
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Centrifugal Pumps Market Scope
Centrifugal Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 62.89% in 2022. Horizon Databook has segmented the China centrifugal pumps market based on single stage, multistage covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of China centrifugal pumps market databook
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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 country-level data and insights on the China centrifugal pumps market , including forecasts for subscribers. This country databook contains high-level insights into China centrifugal pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China centrifugal pumps market size, by configuration, 2018-2030 (US$M)
China Centrifugal Pumps Market Outlook Share, 2022 & 2030 (US$M)
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