Centrifugal Pumps Market Size and Share Forecast Outlook 2025 to 2035

The centrifugal pump market is projected to grow from USD 33.7 billion in 2025 to USD 55.4 billion by 2035, registering a CAGR of 5.1%. Increased investments in water treatment, HVAC modernization, and industrial fluid handling are driving demand for these technologies. Emphasis has also been placed on energy-efficient pumping solutions and the integration of digital services to enhance operational transparency and asset longevity.

In 2024, Schulz SA introduced a peripheral centrifugal pump line designed for light-duty industrial and residential use. As confirmed in the company's official release, these pumps were engineered to deliver high head and moderate flow in compact, noise-reduced configurations. Key features included simplified installation, reduced maintenance, and improved durability under intermittent use conditions.

Metric Value
Industry Size (2025E) USD 33.7 billion
Industry Value (2035F) USD 55.4 billion
CAGR (2025 to 2035) 5.1%

Ebara Pumps Europe, in its 2022 technical bulletin, detailed the launch of the 3E/3ES vertical in-line pump series, built for HVAC and process circulation systems. Straight-line suction and discharge port designs were implemented to minimize installation space and lower piping costs. Flow capacities were reported between 25 and 3,600 L/min with heads reaching up to 65 m, supporting a broad spectrum of commercial and municipal applications.

Bell & Gossett, a Xylem brand, expanded its energy-optimized inline portfolio with the Series e-82 pumps. These twin vertical models were developed with a focus on footprint reduction-enabling up to 40% space savings in parallel pumping systems. The platform featured sensorless variable-speed control, allowing for dynamic regulation of power consumption across varying system loads.

Across the industry, regulatory pressure for energy optimization has led to widespread adoption of variable frequency drives (VFDs), high-efficiency impellers, and smart sensors. Digital transformation has further enabled OEMs and operators to implement remote performance monitoring, predictive maintenance, and service interval forecasting through cloud-based analytics. These capabilities are being leveraged to reduce lifecycle costs and improve asset utilization in water infrastructure and processing sectors.

Sustainability mandates have significantly reshaped product design, resulting in an increased use of corrosion-resistant materials and recyclable components. Applications in municipal water supply, desalination, industrial filtration, and thermal process industries have remained dominant, while decentralized building systems have contributed to modest growth in residential use. With digital diagnostics, modular design, and advancing global energy regulations, centrifugal pump demand is expected to remain resilient through 2035.

Centrifugal Pumps Market Analysis by Top Investment Segments

Submersible centrifugal pumps maintain a high volume share due to their broad suitability across various water handling applications.

Submersible centrifugal pumps accounted for 20% of the global market share in 2025 and are projected to grow at a CAGR of 4.8% through 2035. Their integration across residential, agricultural, and industrial water systems was driven by compact design, reduced noise, and efficient vertical water movement.

In 2025, submersible centrifugal pumps were widely deployed in deep-well extraction, borewell irrigation, and municipal water supply projects. The motor-pump unit configuration allowed for submerged operation without priming, reducing maintenance frequency and enhancing long-term operational reliability.

Manufacturers focused on corrosion-resistant materials, motor sealing improvements, and thermal overload protection to meet regional performance standards. Adoption remained strong in countries with high groundwater dependence, including India, China, and parts of Sub-Saharan Africa.

Irrigation usage continues to drive pump demand in agriculture-intensive economies.

Irrigation applications represented 16% of global pump usage in 2025 and are expected to grow at a CAGR of 4.4% through 2035. The segment’s demand was primarily concentrated in water-scarce and agriculture-dependent regions, where pumps were essential for efficient water delivery to crops.

In 2025, centrifugal and submersible pump variants were commonly used for surface irrigation, drip systems, and sprinkler installations across large and small farms. Government programs supporting micro-irrigation, groundwater access, and the deployment of solar-powered pumps contributed to sustained market demand, particularly in India, Brazil, and parts of Southeast Asia.

Seasonal variability in rainfall and growing pressure on water resources reinforced reliance on pump-based irrigation systems. Manufacturers introduced energy-efficient models with automated flow control, catering to both commercial farms and smallholder agricultural users.

Centrifugal Pumps Market Analysis by Top Countries

Centrifugal Pumps Market Country Wise Analysis

United States

The United States market for centrifugal pumps is underpinned by massive investment in water and wastewater infrastructure upgrades, legislative push for energy efficiency, and a robust oil-and-gas sector that demands high-performance pumping solutions. Under the Bipartisan Infrastructure Law and growing EPA mandates, municipal utilities are replacing aging cast-iron pumps with variable-frequency drives and composite-impeller units, cutting lifecycle energy use by up to 20 percent.

In petrochemical and refining complexes along the Gulf Coast, operators favor multi-stage and seal-less designs to manage high-pressure service and minimize fugitive emissions. The midstream segment is also turning to smart sensors and cloud-based diagnostics to flag cavitation or seal wear, reducing downtime by as much as one-third.

Meanwhile, agricultural producers in the Central Valley are adopting solar-powered submersible pumps to irrigate at scale with zero fuel costs. As electric-vehicle drive trains exert downward pressure on gas-turbine power plants, the national fleet of industrial pumps increasingly supports data-driven maintenance contracts, anchoring a 5.9 percent CAGR through 2035.

China

China’s centrifugal pumps market is driven by two key engines: rapid urbanization and environmental remediation. The government’s “Zero-Direct-Discharge” policies for industrial parks and stricter rural-sewage mandates have created a wave of desalination, municipal treatment, and industrial reuse projects, all of which rely heavily on submersible and multi-stage pump technologies. Coastal petrochemical zones are specifying corrosion-resistant alloys and implementing IoT-enabled monitoring to extend service life under harsh conditions, while digital twin simulations optimize duty-point selection to reduce energy consumption.

On the agricultural front, the Ministry of Agriculture’s push for modernized irrigation has led to extensive deployments of solar-powered submersibles in the North China Plain, accelerating farmer adoption despite higher upfront costs. Plant OEMs in Shanghai and Chengdu are now bundling lifetime-performance guarantees with machine-learning analytics, reflecting a market shift from equipment sales to ongoing service revenue. These trends underpin a forecast CAGR of 6.2 percent through 2035.

India

India’s centrifugal pumps market is on the cusp of dramatic expansion, propelled by government-led water and power initiatives and rapidly rising farm mechanization. Under the Jal Jeevan Mission, hundreds of millions of rural households are scheduled to receive piped water connections, catalyzing widespread demand for domestic booster and submersible pumps. Irrigation reforms, including subsidized solar-powered pumping schemes, are transforming groundwater extraction in states like Rajasthan and Maharashtra, where off-grid solutions now meet peak-season demand without the need for diesel.

Industrial clusters in Gujarat and Tamil Nadu are steadily upgrading chemical- and pharmaceutical-grade pumps to comply with increasingly stringent effluent regulations, while smart-city pilots in New Delhi and Bengaluru integrate centralized monitoring platforms for district cooling loops. A nascent aftermarket has emerged around predictive maintenance, with local service providers training technicians on sensor diagnostics. These converging forces support a projected CAGR of 6.3 percent from 2025 to 2035.

Germany

High engineering standards, strict environmental enforcement, and strong aftermarket services characterize Germany’s centrifugal pumps sector. Under the EU’s Ecodesign Phase 2 requirements, manufacturers and end-users must demonstrate energy indices at or below 0.09 kW per cubic meter, driving the retrofit of legacy cast-iron units to sleek, composite-impeller designs. The automotive and chemicals industries, concentrated in Baden-Württemberg and North Rhine-Westphalia, have adopted corrosive-service multi-stage pumps with advanced seal technologies to prevent fugitive emissions and comply with the Industrial Emissions Directive.

Meanwhile, municipal operators in Hamburg and Berlin are deploying smart submersible pumps equipped with built-in AI diagnostics to achieve predictive maintenance, which can defer unplanned outages by up to 30 percent. Export-oriented original equipment manufacturers (OEMs) in Frankfurt and Munich utilize digital twins to secure long-term service contracts in emerging markets. This combination of regulatory pressure, technological rigor, and service innovation underpins a CAGR of 5.7 percent through 2035.

Japan

A mature domestic market, stringent quality expectations, and a declining population shape Japan's centrifugal pumps industry, shifting the focus toward high-value applications. Precision-engineered, multi-stage, and submersible pumps dominate sectors such as semiconductor fabrication, where ultrapure water delivery with zero particulate tolerance is non-negotiable. The Ministry of Economy, Trade and Industry (METI) incentivizes energy-efficient drives in power plants and factory cooling loops, prompting widespread variable frequency drive (VFD) retrofits that can reduce power draw by up to 18 percent.

In municipal wastewater treatment, aging infrastructure projects in Osaka and Fukuoka incorporate duplex-steel casings and remote-monitoring sensors to minimize the need for maintenance personnel. Agricultural adoption remains limited by land fragmentation, yet niche demand for solar-driven submersibles in Hokkaido showcases the technology’s appeal. Taken together, these high-precision, service-heavy segments drive a stable CAGR of 5.8 percent to 2035.

South Korea

South Korea’s centrifugal pumps market thrives on the synergy between heavy industrial investment and aggressive technology adoption. Government programs, such as “K-Smart Farm,” encourage the use of automated irrigation, leading to the rapid deployment of remote-controlled submersible pumps that can integrate with 5G networks for real-time performance monitoring.

The semiconductor and battery manufacturing clusters in Gyeonggi Province demand seal-less and circular pumps for chemical handling, with zero tolerance for leakage. On the energy front, LNG import terminals on the southern coast are upgrading multi-stage compressor-feed pumps with corrosion-resistant coatings and AI-enhanced fault detection, extending maintenance intervals by up to 40 percent. Municipalities in Seoul and Busan retrofit booster stations to meet newly introduced net-zero emissions targets. These cross-sector dynamics support a forecasted CAGR of 6.0 percent through 2035.

United Kingdom

A mix of large-scale water-utility cycles and specialized industrial niches defines the United Kingdom’s centrifugal pumps landscape. The Water Services Regulation Authority’s AMP8 investment plan, valued at £96 billion, is accelerating the installation of energy-positive wastewater treatment pumps and submersible mixers that cut lifecycle carbon footprints by 25 percent. In the oil and gas industry, North Sea decommissioning has sparked demand for submersible and axial-flow pumps to manage dewatering and pressure boosting tasks on aging platforms.

Food and beverage processors in the Midlands require hygienic, seal-less pump variants that conform to EHEDG guidelines. Meanwhile, an emerging aftermarket of digital-twin analytics, championed by leading OEMs in Sheffield and Manchester, provides performance-as-a-service contracts that secure recurring revenue. Together, these factors project a 5.5 percent CAGR through 2035.

Canada

Canada’s centrifugal pumps sector is driven by its resource-based economy, stringent environmental standards, and growing exports to the USA and the EU. In Alberta’s oil sands, operators retrofit multi-stage pumps with variable-frequency drives and advanced seal materials to reduce greenhouse-gas intensity in bitumen extraction. British Columbia’s pulp-and-paper mills rely on submersible and axial-flow pumps for black-liquor handling, emphasizing corrosion resistance.

Meanwhile, Ontario’s municipal water boards adopt smart pump networks with integrated SCADA interfaces to optimize energy use across large distribution systems. Agricultural demand, though modest, is growing in the Prairie provinces as farmers trial solar-powered submersibles for livestock watering. Export-focused OEMs in Quebec City and Montreal leverage Canadian standards for leak prevention to win bids abroad. These dynamics underpin a projected CAGR of 5.4 percent through 2035.

Australia

The demands of mining, agriculture, and urban water management drive Australia’s centrifugal pumps market. In the Pilbara and Bowen Basin, mining companies specify rugged submersible and multi-stage slurry pumps with ceramic linings and remote-monitoring sensors that withstand abrasive ores, reducing unplanned stoppages by up to 35 percent.

The Murray-Darling Basin’s irrigation schemes deploy solar-driven submersibles for off-grid water transfer, supported by government rebates. Municipalities in Sydney and Melbourne are retrofitting aging booster stations to meet tightening energy-efficiency mandates, turning to composite-impeller single-stage pumps that reduce lifecycle power use by nearly one-fifth. An emerging aftermarket of predictive analytics services offered by both local specialists and global OEMs seals recurring revenue streams. This multi-vector demand supports a steady CAGR of 5.3 percent through 2035.

Brazil

Brazil’s centrifugal pump landscape is dominated by its offshore oil and gas sector and burgeoning municipal water plans. Pre-salt FPSO fields off the coast of Espírito Santo and Rio de Janeiro require API-610-compliant multi-stage and seal-less units with duplex-steel internals to resist corrosive environments.

Onshore, São Paulo’s public-private partnerships in wastewater treatment are installing submersible pumps with integrated VFDs to meet stricter effluent limits. In agriculture, large soybean plantations in Mato Grosso and Goiás are increasingly trialing solar-powered submersibles for remote irrigation, although fuel-subsidy reforms temper the uptake. Local OEMs partner with European firms to localize service and assembly, boosting the availability of 3D-printed spare parts. These intersecting trends underpin a forecasted compound annual growth rate (CAGR) of 5.8 percent through 2035.

Centrifugal Pumps Market Report Scope

Attribute Details
Market Covered Centrifugal pumps - value (USD million) and volume (units)
Base Year 2025
Historical Coverage 2020 to 2024
Forecast Horizon 2025 to 2035
Units & Currency Revenue in constant 2025 USD; volume in thousand units
Segmentation Product Type: Single-stage, Multi-stage, Axial & Mixed Flow, Submersible, Seal-less, & Circular
Application: Industrial, Agricultural, Domestic
Regional Coverage North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia Pacific, Middle East & Africa; country-level break-outs for top 10 markets
Countries Analyzed United States, China, Japan, Germany, India, South Korea, United Kingdom, Canada, Australia, Brazil, France, Italy, Mexico, Spain, Russia, Saudi Arabia, United Arab Emirates, South Africa, Indonesia, Turkey.
Key Sections Executive summary; Market dynamics (drivers, restraints, opportunities); Segment analysis; Regional analysis; Competitive landscape; Pricing & margin analysis; Methodology
Companies Profiled Grundfos, Flowserve, Weir, Wilo, Ebara, KSB, Kawasaki Heavy Industries, Shanghai Kaiquan, IDEX, ITT, plus other regional and OEM suppliers

Key Segmentation

By Product Type:

  • Single Stage
  • Multi Stage
  • Axial & Mixed Flow
  • Submersible
  • Sealless & Circulator

By Capacity:

  • Low (upto 50 HP)
  • Medium (50-600 HP)
  • High (600-2000 HP)

By End Use:

  • Industrial
    • Chemicals
    • Water & Wastewater Treatment
    • Power
    • Oil & Gas
    • Pharmaceuticals
    • Food & Beverages
    • Others
  • Agricultural
  • Domestic

By Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

Table of Content

  1. Executive Summary
  2. Industry Introduction, including Taxonomy and Market Definition
  3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
  4. Global Market Demand Analysis 2020 to 2024 and Forecast 2025 to 2035, including Historical Analysis and Future Projections
  5. Pricing Analysis
  6. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035
    • By Product Type
    • By Application Type
    • By Region
  7. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Product Type
    • Single Stage
    • Multi Stage
    • Axial & Mixed Flow
    • Submersible
    • Sealless & Circulator
  8. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Capacity
    • Low (upto 50 HP)
    • Medium (50-600 HP)
    • High (600-2000 HP)
  9. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By End Use
    • Industrial
      • Chemicals
      • Water & Wastewater Treatment
      • Power
      • Oil & Gas
      • Pharmaceuticals
      • Food & Beverages
      • Others
    • Agricultural
    • Domestic
  10. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • North America
    • Latin America
    • Eastern Europe
    • Western Europe
    • South Asia & Pacific
    • East Asia
    • Middle East & Africa
  11. North America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  12. Latin America Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  13. Western Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  14. Eastern Europe Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  15. East Asia Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  16. South Asia Pacific Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  17. Middle East and Africa Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments and Countries
  18. Sales Forecast 2025 to 2035 by Product Type and Application Type for 30 Countries
  19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
  20. Company Profile
    • Ebara Corporation
    • Xylem Inc.
    • Sulzer AG
    • Flowserve Corporation
    • Grundfos
    • Weir Group
    • KSB Group
    • Shakti Pump
    • Kirloskar Brothers Ltd.
    • WILO SE

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 4: Global Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Application Type, 2018 to 2033

Table 6: Global Market Volume (Units) Forecast by Application Type, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 10: North America Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Application Type, 2018 to 2033

Table 12: North America Market Volume (Units) Forecast by Application Type, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 16: Latin America Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Application Type, 2018 to 2033

Table 18: Latin America Market Volume (Units) Forecast by Application Type, 2018 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Europe Market Volume (Units) Forecast by Country, 2018 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 22: Europe Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by Application Type, 2018 to 2033

Table 24: Europe Market Volume (Units) Forecast by Application Type, 2018 to 2033

Table 25: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033

Table 27: Asia Pacific Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 28: Asia Pacific Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 29: Asia Pacific Market Value (US$ Million) Forecast by Application Type, 2018 to 2033

Table 30: Asia Pacific Market Volume (Units) Forecast by Application Type, 2018 to 2033

Table 31: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: MEA Market Volume (Units) Forecast by Country, 2018 to 2033

Table 33: MEA Market Value (US$ Million) Forecast by Product Type, 2018 to 2033

Table 34: MEA Market Volume (Units) Forecast by Product Type, 2018 to 2033

Table 35: MEA Market Value (US$ Million) Forecast by Application Type, 2018 to 2033

Table 36: MEA Market Volume (Units) Forecast by Application Type, 2018 to 2033

List of Figures

Figure 1: Global Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Application Type, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 9: Global Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by Application Type, 2018 to 2033

Figure 13: Global Market Volume (Units) Analysis by Application Type, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by Application Type, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by Application Type, 2023 to 2033

Figure 16: Global Market Attractiveness by Product Type, 2023 to 2033

Figure 17: Global Market Attractiveness by Application Type, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by Application Type, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 27: North America Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by Application Type, 2018 to 2033

Figure 31: North America Market Volume (Units) Analysis by Application Type, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Application Type, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Application Type, 2023 to 2033

Figure 34: North America Market Attractiveness by Product Type, 2023 to 2033

Figure 35: North America Market Attractiveness by Application Type, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by Application Type, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 45: Latin America Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Application Type, 2018 to 2033

Figure 49: Latin America Market Volume (Units) Analysis by Application Type, 2018 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Application Type, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Application Type, 2023 to 2033

Figure 52: Latin America Market Attractiveness by Product Type, 2023 to 2033

Figure 53: Latin America Market Attractiveness by Application Type, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Europe Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 56: Europe Market Value (US$ Million) by Application Type, 2023 to 2033

Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 59: Europe Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 63: Europe Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 64: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 66: Europe Market Value (US$ Million) Analysis by Application Type, 2018 to 2033

Figure 67: Europe Market Volume (Units) Analysis by Application Type, 2018 to 2033

Figure 68: Europe Market Value Share (%) and BPS Analysis by Application Type, 2023 to 2033

Figure 69: Europe Market Y-o-Y Growth (%) Projections by Application Type, 2023 to 2033

Figure 70: Europe Market Attractiveness by Product Type, 2023 to 2033

Figure 71: Europe Market Attractiveness by Application Type, 2023 to 2033

Figure 72: Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: Asia Pacific Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 74: Asia Pacific Market Value (US$ Million) by Application Type, 2023 to 2033

Figure 75: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 77: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 78: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: Asia Pacific Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 81: Asia Pacific Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 82: Asia Pacific Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 83: Asia Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 84: Asia Pacific Market Value (US$ Million) Analysis by Application Type, 2018 to 2033

Figure 85: Asia Pacific Market Volume (Units) Analysis by Application Type, 2018 to 2033

Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Application Type, 2023 to 2033

Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Application Type, 2023 to 2033

Figure 88: Asia Pacific Market Attractiveness by Product Type, 2023 to 2033

Figure 89: Asia Pacific Market Attractiveness by Application Type, 2023 to 2033

Figure 90: Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 91: MEA Market Value (US$ Million) by Product Type, 2023 to 2033

Figure 92: MEA Market Value (US$ Million) by Application Type, 2023 to 2033

Figure 93: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 95: MEA Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 96: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: MEA Market Value (US$ Million) Analysis by Product Type, 2018 to 2033

Figure 99: MEA Market Volume (Units) Analysis by Product Type, 2018 to 2033

Figure 100: MEA Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 101: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 102: MEA Market Value (US$ Million) Analysis by Application Type, 2018 to 2033

Figure 103: MEA Market Volume (Units) Analysis by Application Type, 2018 to 2033

Figure 104: MEA Market Value Share (%) and BPS Analysis by Application Type, 2023 to 2033

Figure 105: MEA Market Y-o-Y Growth (%) Projections by Application Type, 2023 to 2033

Figure 106: MEA Market Attractiveness by Product Type, 2023 to 2033

Figure 107: MEA Market Attractiveness by Application Type, 2023 to 2033

Figure 108: MEA Market Attractiveness by Country, 2023 to 2033

Frequently Asked Questions

What is the projected size of the global centrifugal pumps market by 2035?

The global centrifugal pumps market is expected to grow from USD 33.7 billion in 2025 to USD 55.4 billion by 2035, at a CAGR of 5.1%.

Which centrifugal pump type leads the market?

Single-stage pumps dominate with over 50% revenue share in 2025, thanks to their simplicity, low maintenance, and suitability for water and HVAC applications.

What applications drive the highest growth in centrifugal pumps?

Water and wastewater treatment leads with a 6.2% CAGR from 2025 to 2035, fueled by stricter discharge regulations, desalination projects, and smart-metering upgrades.

Who are the top centrifugal pump manufacturers?

Grundfos (≈7 %), Flowserve (≈4.1 %), Weir (≈3.1 %) and Wilo (≈2.9 %) together account for around 17% of global market share.

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