According to a research report "Africa Centrifugal Pump Market by Type (Overhung Impeller, Between Bearing, Vertically Suspended), Operation Type (Electrical, Hydraulic, Air-driven), Stage (Single, Multi), End User (Industrial, Residential & Commercial) and Country - Forecast to 2032 " published by MarketsandMarkets, the Africa centrifugal pump market size is estimated to be USD 936 million by 2032 (forecast year) from USD 568 million in 2022 (estimated year), at a CAGR of 5.1% during the forecast period. The demand for quality Africa centrifugal pumps is at an all-time high due to increasing agriculture sector and rise in usage of solar water pumps in the region.
Browse 92 market data Tables and 49 Figures spread through 175 Pages and in-depth TOC on "Africa Centrifugal Pump Market by Type (Overhung Impeller, Between Bearing, Vertically Suspended), Operation Type (Electrical, Hydraulic, Air-driven), Stage (Single, Multi), End User (Industrial, Residential & Commercial) and Country - Forecast to 2032"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/africa-centrifugal-pump-market-15052918.html
Electrical by operation type is expected to grow at the highest CAGR during the forecast period
Based on the type, the electrical segment is estimated to be the fastest-growing market from 2022 to 2032. The growth of electric segment is because electrical centrifugal pumps are efficient and reliable. They are used in artificial lifts to carry moderate to high volumes of fluids from wellbores. The key advantage of these pumps is that they prevent the formation of vapor cavities in liquids.
Multistage segment by stage type is expected to occupy the majority share in the Africa centrifugal pump market
Based on the stage type, the multistage segment is estimated to be the largest market from 2022 to 2032. The multistage segment is attributed to the increasing demand for fluid pressure boosting pumps in industrial water supplies.
South Africa likely to emerge as the largest Africa centrifugal pump market
South Africa accounted for the largest share in the Africa centrifugal pump market during the forecast period. The growth of the centrifugal pump market in Africa is primarily driven by the oil and gas, water and wastewater, mining, power, and construction industries of the region. With most countries in Africa having scarce freshwater resources, wastewater treatment is a significant source of water for non-potable consumption.
Grundfos Holding A/S (Denmark), Xylem Inc. (US), Sulzer (Switzerland), KSB (Germany), Wilo (Germany), Weir (UK), Ruhrpumpen Group (US), EBARA Corporation (Japan), are the key players in the Africa centrifugal pump market.
Don’t miss out on business opportunities in Africa Centrifugal Pump Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441