Centrifugal Pump Market

The global centrifugal pump market is expected to grow at a CAGR of 6.4% during the forecast period, from an estimated USD 43.29 billion in 2025 to USD 58.94 billion in 2030.

Centrifugal pumps are in high demand since they are needed to pump liquids effectively in the industrial, infrastructure, and municipal systems. They find extensive applications in the treatment of water and wastewater, power production, oil and gas, chemicals, irrigation in agriculture, and building services. The fast-paced urbanization, industrialization, and the development of infrastructure are driving the desire for efficient fluid handling. Also, centrifugal pumps are easy to design, efficient, and easy to maintain, hence they can be used in continuous operation. Increased attention to energy efficiency, electrification, and system improvements also contributes to continued demand in the w.

To know about the assumptions considered for the study download the pdf brochure

The centrifugal pump market is characterized by a mix of large international players with a global operational presence and local players that command a strong supply network in the domestic market. Leading players in the centrifugal pump market include Xylem (US), Grundfos (Denmark), Eaton (Ireland), Flowserve Corporation (US), and KSB SE & Co. KGaA (Germany). These players have implemented various organic and inorganic growth strategies, including expansions, to enhance their market position in the centrifugal pump market. Companies operating in this market also focus on contracts, investments, and acquisitions to strengthen their international footprint and capture a greater share of the centrifugal pump market. These organic and inorganic strategies have allowed the market players to expand across geographies by offering centrifugal pumps.

Grundfos (Denmark) is the leading provider of advanced pumps. It offers circulator pumps, centrifugal pumps, submersible motors, intelligent pump systems, and associated accessories. The company caters to the requirements of residential and commercial buildings and HVAC OEM, as well as irrigation and agriculture, water supply, and sewage applications. The company operates across key business segments, including Water Utility, Domestic Building Services, Commercial Building Services, Industry, and others, delivering energy-efficient pumps, systems, controls, and solutions for water supply, wastewater management, heating, cooling, and industrial processes.

Xylem (US) is a leading global water technology company operating through four primary segments: water infrastructure, applied water, measurement & control solutions, and water solutions & services. The company provides centrifugal pumps under the applied water segment and Water Infrastructure, which includes pumps, valves, heat exchangers, controls, and dispensing systems. Xylem serves diverse industries, including municipal water and wastewater, residential and commercial building services, industrial, agricultural, infrastructure, construction, environmental, food & beverage, and government agencies. Geographically, Xylem has a strong global presence, operating in over 150 countries with manufacturing and technology centers worldwide, including key facilities in the US, India, and Europe. This extensive presence supports their broad portfolio designed to improve water use, management, and conservation worldwide.

Market Ranking

The centrifugal pump market is slightly competitive. The major market players are Xylem (US), Grundfos (Denmark), Eaton (Ireland), Flowserve Corporation (US), and KSB SE & Co. KGaA (Germany). These firms provide efficient centrifugal pumps. Predictive maintenance technologies are enhancing both companies' products, as they benefit from IoT platforms to optimize their operations. The market comprises a few scattered players, including regional manufacturers and new entrants in the Asia Pacific, Europe, and North America. The market dynamics are motivated by the growing demand for real-time diagnostics, the shift toward solar pumps, the rise of the agricultural sector, and the expanding residential and commercial sectors. Major competitors engage in R&D, strategic alliances, and digital platforms to enhance their presence in this new environment.

Related Reports:

Centrifugal Pump Market by Type (Overhung Impeller, Between Bearing, Vertical Suspended), Operation Type (Electric, Hydraulic, Air-driven), Stage (Single Stage, Multistage), End User (Industrial, Commercial & Residential), and Region – Global Forecast to 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com