1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Centrifugal Water Pump Market?
The projected CAGR is approximately 2.96%.
North America Centrifugal Water Pump MarketNorth America Centrifugal Water Pump Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities
North America Centrifugal Water Pump Market by Pump Type (Axial Flow, Radial Flow, Mixed Flow), by Stage (Single Stage, Multistage), by Application (Submersible Pump, Above-Ground Pumps), by End-user (Residential, Commercial, Industrial, Agriculture, Distribution/Water Utility), by Forecast 2025-2033
Base Year: 2024
180 Pages
North America Centrifugal Water Pump Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities
North America Centrifugal Water Pump Market 2025-2033 Analysis: Trends, Competitor Dynamics, and Growth Opportunities
Key Insights
The North America Centrifugal Water Pump Marketsize was valued at USD 3.69 USD Billion in 2023 and is projected to reach USD 4.53 USD Billion by 2032, exhibiting a CAGR of 2.96 % during the forecast period.A centrifugal water pump is defined as a mechanical device that is used to transfer water through the conversion of rotational energy, which is acquired from an electric motor or an engine, into water eddy energy. It is based on centrifugal force, where water is supplied to the pump impeller along its symmetry axis and leaves it along the circumference. The main aspects of centrifugal water pumps include: the pumps enjoy a general design; maintenance is also easy due to their construction; and the pumps meet the high demand for water at low pressures. These pumps are widely employed in the following applications: It is widely used in water supply, irrigation, water and wastewater treatment, and industrial usage. Thus, the above discussion has revealed several benefits to using centrifugal water pumps. They provide a high flow rate and thus allow moving large volumes of water constantly and effectively. Third, they supply a non-pulsating or constant flow, which is beneficial in controlling pressure for uses where a less fluctuating pressure is desirable. The North American water pump market is propelled by factors like stringent regulations for water quality and wastewater treatment, coupled with ongoing infrastructure development projects.
North America Centrifugal Water Pump Trends
- Companies in the market are focusing on introducing energy-efficient and environmentally sustainable products.
- End-users are opting for customized pumps to meet specific application requirements.
- The adoption of digital technologies, such as IoT and remote monitoring systems, is enhancing the efficiency and reliability of centrifugal pumps.
Driving Forces: What's Propelling the North America Centrifugal Water Pump Market
- Growing Water Scarcity and Infrastructure Needs: Intensifying droughts and population growth are exacerbating water scarcity, driving the need for efficient water distribution and conservation measures.
- Technological Advancements and Efficiency Gains: Innovations in water treatment, desalination, and pump design are enabling more efficient water utilization and energy savings.
- Industrialization and Water-Intensive Processes: Growing industrial activities in manufacturing, mining, and power generation are increasing the demand for reliable and high-capacity water pumps.
- Regulatory Compliance and Environmental Concerns: Government initiatives and regulations focusing on water conservation, sustainability, and environmental protection are driving the adoption of efficient centrifugal water pumps.
- Infrastructure Upgrading and Expansion: Aging and inadequate water distribution and treatment systems necessitate upgrades and expansion, creating opportunities for centrifugal water pump installations.
Challenges and Restraints in North America Centrifugal Water Pump Market
- Fluctuating raw material prices and supply chain disruptions
- Stringent regulations regarding water quality and environmental protection
- Intense competition from local and international players
Emerging Trends in North America Centrifugal Water Pump
- Smart and connected pumps with advanced monitoring and control capabilities
- Integration of renewable energy sources, such as solar and wind power, into pump systems
- Decentralized water management and the adoption of micro-grids
Growth Catalysts in North America Centrifugal Water Pump Industry
- **Infrastructure development projects and urbanization:** Urbanization and industrial expansion across North America have led to increased demand for reliable and efficient water pumping systems.
- **Increasing awareness about water conservation and sustainability:** Growing environmental concerns have raised awareness about water conservation, driving the adoption of high-efficiency centrifugal water pumps.
- **Advancements in pump technology and materials science:** Technological advancements in pump design, such as variable-speed drives and energy-saving impellers, have improved pump efficiency and reduced operating costs.
- **Government incentives and subsidies for energy-efficient pumps:** Governments in North America offer incentives and subsidies to encourage the installation of energy-efficient pumps, further driving market growth.
- **Demand from key end-use industries:** Industries such as power generation, manufacturing, and agriculture rely heavily on centrifugal water pumps, contributing to overall market growth.
- **Increased emphasis on water infrastructure resilience:** Aging water infrastructure and extreme weather events have highlighted the need for resilient water pumping systems, stimulating demand for centrifugal water pumps.
Market Segmentation: North America Centrifugal Water Pump Analysis
- Pump Type:
- Axial Flow
- Radial Flow
- Mixed Flow
- Stage:
- Single Stage
- Multistage
- Application:
- Submersible Pump
- Above-Ground Pumps
- End-user:
- Residential
- Commercial
- Industrial
- Agriculture
- Distribution/Water Utility
Leading Players in the North America Centrifugal Water Pump Market
- Grundfos (U.S.)
- Wilo (Italy)
- Pedrollo S.p.A (Italy)
- Franklin Electric (U.S.)
- Pentair (U.S.) - Zoeller (U.S.)
- SPX Flow (U.S.)
- Xylem Inc. (U.S.)
- Verder Liquids (Netherland)
- Phantom Pumps (U.S.)
Significant developments in North America Centrifugal Water Pump Sector
- April 2023: Sulzer and Siemens LDA announced a digital collaboration to enhance the digital value proposition for large centrifugal pumps.
- October 2022: Grundfos inaugurated a state-of-the-art plant in Serbia to expand its global production capacity.
- August 2022: The Wilo Group acquired two specialists in wastewater treatment in Germany.
- April 2022: SPX Flow Company closed its acquisition by an affiliate of Lone Star Funds.
- June 2020: Sulzer's end-suction pump range received NSF61 and NSF372 certification for drinking water applications.
Comprehensive Coverage North America Centrifugal Water Pump Market Report
- Regional Insight:
- United States
- Canada
- Mexico
- Technology Analysis:
- Energy-efficient technologies
- Advanced materials and coatings
- Smart and connected pumps
- Pestle Analysis:
- Political factors
- Economic factors
- Social factors
- Technological factors
- Legal factors
- Environmental factors
- Portor's Five Force Analysis:
- Rivalry among existing competitors
- Threat of new entrants
- Power of suppliers
- Power of customers
- Threat of substitutes
- BCG Matrix:
- Stars
- Cash Cows
- Question Marks
- Dogs
- Import & Export Analysis:
- Import and export trends
- Major importing and exporting countries
- Trade policies and regulations
- Production & Consumption:
- Production capacity and output
- Consumption patterns and trends
- Regulatory Landscape:
- Environmental regulations
- Water conservation regulations
- Safety and quality standards
North America Centrifugal Water Pump Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 2.96% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increased Water Infrastructure Investments to Drive Market Growth
- 3.3. Market Restrains
- 3.3.1. Presence of Alternatives May Hinder Market Growth
- 3.4. Market Trends
- 3.4.1. Increasing Number of Construction and Infrastructure Projects Requiring Pumps is a Key Trend
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Centrifugal Water Pump Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Pump Type
- 5.1.1. Axial Flow
- 5.1.2. Radial Flow
- 5.1.3. Mixed Flow
- 5.2. Market Analysis, Insights and Forecast - by Stage
- 5.2.1. Single Stage
- 5.2.2. Multistage
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Submersible Pump
- 5.3.2. Above-Ground Pumps
- 5.4. Market Analysis, Insights and Forecast - by End-user
- 5.4.1. Residential
- 5.4.2. Commercial
- 5.4.3. Industrial
- 5.4.4. Agriculture
- 5.4.5. Distribution/Water Utility
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1.
- 5.1. Market Analysis, Insights and Forecast - by Pump Type
- 6. United States North America Centrifugal Water Pump Market Analysis, Insights and Forecast, 2019-2031
- 7. Canada North America Centrifugal Water Pump Market Analysis, Insights and Forecast, 2019-2031
- 8. Mexico North America Centrifugal Water Pump Market Analysis, Insights and Forecast, 2019-2031
- 9. Competitive Analysis
- 9.1. Market Share Analysis 2024
- 9.2. Company Profiles
- 9.2.1 Grundfos (U.S.)
- 9.2.1.1. Overview
- 9.2.1.2. Products
- 9.2.1.3. SWOT Analysis
- 9.2.1.4. Recent Developments
- 9.2.1.5. Financials (Based on Availability)
- 9.2.2 Wilo (Italy)
- 9.2.2.1. Overview
- 9.2.2.2. Products
- 9.2.2.3. SWOT Analysis
- 9.2.2.4. Recent Developments
- 9.2.2.5. Financials (Based on Availability)
- 9.2.3 Pedrollo S.p.A (Italy)
- 9.2.3.1. Overview
- 9.2.3.2. Products
- 9.2.3.3. SWOT Analysis
- 9.2.3.4. Recent Developments
- 9.2.3.5. Financials (Based on Availability)
- 9.2.4 Franklin Electric (U.S.)
- 9.2.4.1. Overview
- 9.2.4.2. Products
- 9.2.4.3. SWOT Analysis
- 9.2.4.4. Recent Developments
- 9.2.4.5. Financials (Based on Availability)
- 9.2.5 Pentair (U.S.)
- 9.2.5.1. Overview
- 9.2.5.2. Products
- 9.2.5.3. SWOT Analysis
- 9.2.5.4. Recent Developments
- 9.2.5.5. Financials (Based on Availability)
- 9.2.6 Zoeller (U.S.)
- 9.2.6.1. Overview
- 9.2.6.2. Products
- 9.2.6.3. SWOT Analysis
- 9.2.6.4. Recent Developments
- 9.2.6.5. Financials (Based on Availability)
- 9.2.7 SPX Flow (U.S.)
- 9.2.7.1. Overview
- 9.2.7.2. Products
- 9.2.7.3. SWOT Analysis
- 9.2.7.4. Recent Developments
- 9.2.7.5. Financials (Based on Availability)
- 9.2.8 Xylem Inc. (U.S.)
- 9.2.8.1. Overview
- 9.2.8.2. Products
- 9.2.8.3. SWOT Analysis
- 9.2.8.4. Recent Developments
- 9.2.8.5. Financials (Based on Availability)
- 9.2.9 Verder Liquids (Netherland)
- 9.2.9.1. Overview
- 9.2.9.2. Products
- 9.2.9.3. SWOT Analysis
- 9.2.9.4. Recent Developments
- 9.2.9.5. Financials (Based on Availability)
- 9.2.10 Phantom Pumps (U.S.)
- 9.2.10.1. Overview
- 9.2.10.2. Products
- 9.2.10.3. SWOT Analysis
- 9.2.10.4. Recent Developments
- 9.2.10.5. Financials (Based on Availability)
- 9.2.1 Grundfos (U.S.)
List of Figures
- Figure 1: North America Centrifugal Water Pump Market Revenue Breakdown (USD Billion, %) by Product 2024 & 2032
- Figure 2: North America Centrifugal Water Pump Market Share (%) by Company 2024
List of Tables
- Table 1: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 2: North America Centrifugal Water Pump Market Volume K Units Forecast, by Region 2019 & 2032
- Table 3: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Pump Type 2019 & 2032
- Table 4: North America Centrifugal Water Pump Market Volume K Units Forecast, by Pump Type 2019 & 2032
- Table 5: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Stage 2019 & 2032
- Table 6: North America Centrifugal Water Pump Market Volume K Units Forecast, by Stage 2019 & 2032
- Table 7: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 8: North America Centrifugal Water Pump Market Volume K Units Forecast, by Application 2019 & 2032
- Table 9: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by End-user 2019 & 2032
- Table 10: North America Centrifugal Water Pump Market Volume K Units Forecast, by End-user 2019 & 2032
- Table 11: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Region 2019 & 2032
- Table 12: North America Centrifugal Water Pump Market Volume K Units Forecast, by Region 2019 & 2032
- Table 13: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 14: North America Centrifugal Water Pump Market Volume K Units Forecast, by Country 2019 & 2032
- Table 15: United States North America Centrifugal Water Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 16: United States North America Centrifugal Water Pump Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 17: Canada North America Centrifugal Water Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 18: Canada North America Centrifugal Water Pump Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 19: Mexico North America Centrifugal Water Pump Market Revenue (USD Billion) Forecast, by Application 2019 & 2032
- Table 20: Mexico North America Centrifugal Water Pump Market Volume (K Units) Forecast, by Application 2019 & 2032
- Table 21: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Pump Type 2019 & 2032
- Table 22: North America Centrifugal Water Pump Market Volume K Units Forecast, by Pump Type 2019 & 2032
- Table 23: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Stage 2019 & 2032
- Table 24: North America Centrifugal Water Pump Market Volume K Units Forecast, by Stage 2019 & 2032
- Table 25: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Application 2019 & 2032
- Table 26: North America Centrifugal Water Pump Market Volume K Units Forecast, by Application 2019 & 2032
- Table 27: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by End-user 2019 & 2032
- Table 28: North America Centrifugal Water Pump Market Volume K Units Forecast, by End-user 2019 & 2032
- Table 29: North America Centrifugal Water Pump Market Revenue USD Billion Forecast, by Country 2019 & 2032
- Table 30: North America Centrifugal Water Pump Market Volume K Units Forecast, by Country 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the North America Centrifugal Water Pump Market?
Key companies in the market include Grundfos (U.S.), Wilo (Italy), Pedrollo S.p.A (Italy), Franklin Electric (U.S.), Pentair (U.S.), Zoeller (U.S.), SPX Flow (U.S.), Xylem Inc. (U.S.), Verder Liquids (Netherland), Phantom Pumps (U.S.).
3. What are the main segments of the North America Centrifugal Water Pump Market?
The market segments include Pump Type, Stage, Application, End-user.
4. Can you provide details about the market size?
The market size is estimated to be USD 3.69 USD Billion as of 2022.
5. What are some drivers contributing to market growth?
Increased Water Infrastructure Investments to Drive Market Growth.
6. What are the notable trends driving market growth?
Increasing Number of Construction and Infrastructure Projects Requiring Pumps is a Key Trend.
7. Are there any restraints impacting market growth?
Presence of Alternatives May Hinder Market Growth.
8. Can you provide examples of recent developments in the market?
April 2023: Sulzer and Siemens LDA announced a digital collaboration aimed at enhancing the digital value proposition for large centrifugal pumps. The partnership involves integrating their respective IoT platforms, BLUE BOX, and SIDRIVE IQ, to provide a comprehensive solution. This collaboration, formalized through a letter of intent, seeks to improve equipment dependability and reduce operational costs for operators of large centrifugal pumps.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3850, USD 4850, and USD 5850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD Billion and volume, measured in K Units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Centrifugal Water Pump Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Centrifugal Water Pump Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Centrifugal Water Pump Market?
To stay informed about further developments, trends, and reports in the North America Centrifugal Water Pump Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.