Centrifugal Water Pump Market by Application and Geography - Forecast and Analysis 2021-2025

The centrifugal water pump market share should rise by USD 7.40 billion from 2021 to 2025 at a CAGR of 5.34%.

This centrifugal water pump market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (non-municipal and municipal) and geography (APAC, Europe, North America, South America, and MEA). The centrifugal water pump market report also offers information on several market vendors, including CIRCOR International Inc., Ebara Corp., Flowserve Corp., Grundfos Holding AS, ITT Inc., KSB SE and Co. KGaA, Sulzer Ltd., The Weir Group Plc, Wilo SE, and Xylem Inc. among others.

What will the Centrifugal Water Pump Market Size be in 2021?

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Centrifugal Water Pump Market: Key Drivers and Trends

The increasing investments in the global construction industry is notably driving the centrifugal water pump market growth, although factors such as the cavitation effect in centrifugal pumps may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the centrifugal water pump industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This centrifugal water pump market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Centrifugal Water Pump Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• CIRCOR International Inc.
• Ebara Corp.
• Flowserve Corp.
• Grundfos Holding AS
• ITT Inc.
• KSB SE and Co. KGaA
• Sulzer Ltd.
• The Weir Group Plc
• Wilo SE
• Xylem Inc.

The vendor landscape of the centrifugal water pump market entails successful business strategies deployed by the vendors. The centrifugal water pump market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the centrifugal water pump market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Centrifugal Water Pump Market?

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40% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for centrifugal water pumps in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing demand for water and wastewater management in developed countries will facilitate the centrifugal water pump market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Application Segments in the Centrifugal Water Pump Market?

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The centrifugal water pump market share growth by the non-municipal segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the centrifugal water pump market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

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What are the Key Factors Covered in this Centrifugal Water Pump Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive centrifugal water pump market growth during the next five years
• Precise estimation of the centrifugal water pump market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the centrifugal water pump market across APAC, Europe, North America, South America, and MEA 
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of centrifugal water pump market vendors

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