Market Leaders - Africa Centrifugal Pump Market
The global Africa centrifugal pump market is expected to reach USD 936 million by 2032 from an estimated USD 568 million in 2022, at a CAGR of 5.1% from 2022 to 2032. The global Africa centrifugal pump market is expected to witness significant growth during the forecast period due to the surge in demand for centrifugal pumps across various industries resulting from the increased foreign investments attributable to rapid urbanization.
A few major players that have a wide regional presence dominate the Africa centrifugal pump market. The leading players in the Africa centrifugal pump market include Grundfos Holding A/S (Denmark), Xylem Inc. (US), Sulzer (Switzerland), KSB (Germany), and Wilo (Germany).
Acquisitions, product launches, investments, and expansions are among the key growth strategies adopted by leading companies such as Grundfos Holding A/S (Denmark), Xylem Inc. (US), Sulzer (Switzerland), and Weir (UK) to boost their position in the Africa centrifugal pump market. The companies in the Africa centrifugal pump market focusses majorly on partnerships, agreements, acquisitions, and product launches to grab a strong foothold in the market.
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Sulzer is a global player that delivers reliable and sustainable solutions. It offers pumping solutions and services for rotating equipment, as well as for separation and mixing applications. The company provides its products and services to the oil and gas, power, and water industries. Sulzer operates through four business segments, namely, Flow Equipment, Services, and Chemtech. Centrifugal pumps are offered by the company through its Flow Equipment segment. The Flow Equipment segment provides pumps for use in production, transportation, and crude oil and gas processing applications. The pumps offered by it are also used for the supply, treatment, and transportation of water. They are also used for wastewater collection and also for fossil-fired, nuclear, and renewable power generation. Sulzer operates worldwide through a wide network with over 180 production and service locations in more than 40 countries.
Xylem is a global water technology company and designs, manufactures, and services highly engineered products and solutions across a wide variety of critical applications, primarily in the water sector but also in energy. The company operates through three business segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions. The company offers centrifugal pumps under the Applied Water segment. The major products covered under this segment are pumps, valves, heat exchangers, controls, and dispensing equipment systems. The market applications of these products are generally related to commercial building services, residential building services, and industrial water. Its key competitors in the Applied Water segment include Grundfos, Wilo SE, Pentair plc, and Franklin Electric Co., Inc. The company has its business operations in more than 150 countries.
Related Reports:
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
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