Europe Centrifugal Pump Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Stage (Single Stage and Multistage), Operation Type (Electric, Hydraulic, and Air Driven), Type (Overhung Impeller, Vertically Suspended, and Between Bearing), and Sector (Oil and Gas, Chemicals and Petrochemicals, Mining, Power Generation, Automotive, Agriculture, HVAC, Wastewater Management, and Others)
Market Introduction
Europe is witnessing significant investments in the oil & gas industry. The North Sea continues to remain the main source of Europe’s oil & gas demand, while several projects are in the development phase in the region. A few of the recent or ongoing projects include Johan Sverdrup Development in Norway, Rosebank & Lochnagar Oil & Gas Fields in the UK, Johan Castberg Field in Norway, Aphrodite Gas Field in Cyprus. Further, automotive manufacturing is one of the prominent industries in the region. As per the European Commission, the automotive sector accounts for ~7% of the EU GDP. Germany, Spain, France, and the UK are among the prime vehicle manufacturing countries in the region. The shift from coal-based power generation to gas-based power generation has been one of the most significant transformations observed in the European energy mix. This has considerably reduced energy generated from coal powered plant in the past few years, thus driving focus towards natural gas power generation. Increased operation of natural gas power plants for energy generation has lowered the CO2 emissions from the European power sector. Moreover, the Eastern European region is witnessing surge in the deployment of nuclear power plants. Growth of construction industry and rising use of water in mining activities are the major factor driving the growth of the Europe centrifugal pump market.
In case of COVID-19, Europe is highly affected specially the UK. Businesses are suffering from financial crises as they had to either suspend their operations or reduce their activities substantially to abide by the social distancing norms and lockdown impositions. Europe is one of the major regions which is observing significant growth in infrastructure and construction activities. Also, the demand for water and waste management is rising significantly over the years. Due to the presence of giant manufacturers, which are known for the high adoption of centrifugal pumps, the centrifugal pump market in Europe is expected to gain back its growth pace during the forecast period. However, disrupted supply chains in several European countries and fall in demand have been limiting the performance of manufacturing sector, including the pump manufacturing businesses. Business shutdowns and travel bans have been restricting the growth of various sectors in Europe, which led to an economic slump in many European countries in 2020; the effect of this slowdown is likely to persist in 2021 as well.
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Market Overview and Dynamics
The Europe centrifugal pump market is expected to grow from US$ 10,537.99 million in 2021 to US$ 14,791.72 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028. Rising awareness among masses about the long-term effects of pesticides and fertilizers used in agricultural practices, has triggered the demand for organic food produce. However, environmental, or climatic uncertainties make conventional farming methods challenging. Modern farming methods such as hydroponics and vertical farming use controlled indoor environment, and they can be employed to grow vegetables, fruits, and species organically, without the use of pesticides and fertilizers. In hydroponics, the aquaculture is used to nourish the sapling, and in vertical farming, trance minerals are used to nourish the sapling. Water is a major element that is circulated to provide nourishment to the roots of sampling. Centrifugal pumps are widely used for circulating the water. Moreover, these techniques allow producers to adopt organic farming practices as well as to ensure optimum utilization of limited space. Thus, the increasing adoption of modern farming practices owing to growing demand for organic food is projected to generate ample growth opportunities for the Europe centrifugal pumps market players.
Key Market Segments
In terms of stage, the single stage segment accounted for the largest share of the Europe centrifugal pump market in 2020. In terms of operation type, the electric segment held a larger market share of the Europe centrifugal pump market in 2020. In terms of type, the overhung impeller segment held a larger market share of the Europe centrifugal pump market in 2020. Further, the wastewater management segment held a larger share of the Europe centrifugal pump market based on sector in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe centrifugal pump market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are EBARA CORPORATION; Grundfos Holding A/S; KIRLOSKAR BROTHERS LIMITED; KSB SE & Co. KGaA; PLEUGER INDUSTRIES; Sulzer Ltd; The Weir Group PLC; Tsurumi Manufacturing Co., Ltd.; WILO SE; and Xylem Inc.
Reasons to buy report
- To understand the Europe centrifugal pump market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe centrifugal pump market
- Efficiently plan M&A and partnership deals in Europe centrifugal pump market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe centrifugal pump market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Centrifugal Pump Market Segmentation
Europe Centrifugal Pump Market - By Stage
- Single Stage
- Multistage
Europe Centrifugal Pump Market - By Operation Type
- Electric
- Hydraulic
- Air Driven
Europe Centrifugal Pump Market - By Type
- Overhung Impeller
- Vertically Suspended
- Between Bearing
Europe Centrifugal Pump Market - By Sector
- Oil and Gas
- Chemicals and Petrochemicals
- Mining
- Power Generation
- Automotive
- Agriculture
- HVAC
- Wastewater Management
- Others
Europe Centrifugal Pump Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Centrifugal Pump Market - Company Profiles
- EBARA CORPORATION
- Grundfos Holding A/S
- KIRLOSKAR BROTHERS LIMITED
- KSB SE & Co. KGaA
- PLEUGER INDUSTRIES
- Sulzer Ltd
- The Weir Group PLC
- Tsurumi Manufacturing Co., Ltd.
- WILO SE
- Xylem Inc.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Centrifugal Pump Market – By Stage
1.3.2 Europe Centrifugal Pump Market – By Operation Type
1.3.3 Europe Centrifugal Pump Market – By Type
1.3.4 Europe Centrifugal Pump Market – By Sector
1.3.5 Europe Centrifugal Pump Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Centrifugal Pump Market Landscape
4.1 Market Overview
4.2 Europe SWOT Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Centrifugal Pump Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Construction Industry
5.1.2 Rising Use of Water in Mining Activities
5.2 Market Restraints
5.2.1 Cavitation in Centrifugal Pumps
5.3 Market Opportunities
5.3.1 Surging Emphasis on Wastewater Treatment
5.4 Future Trends
5.4.1 Increasing Adoption of Modern Farming Practices
5.5 Impact Analysis of Drivers and Restraints
6. Centrifugal Pump Market – Europe Analysis
6.1 Europe Centrifugal Pump Market Overview
6.2 Europe Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Centrifugal Pump Market Analysis - By Stage
7.1 Overview
7.2 Europe Centrifugal Pump Market Breakdown, by Stage, 2020 and 2028
7.3 Single Stage
7.3.1 Overview
7.3.2 Single Stage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
7.4 Multistage
7.4.1 Overview
7.4.2 Multistage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Centrifugal Pump Market Analysis - By Operation Type
8.1 Overview
8.2 Europe Centrifugal Pump Market, by Operation Type (2020 and 2028)
8.3 Electric
8.3.1 Overview
8.3.2 Electric: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Hydraulic
8.4.1 Overview
8.4.2 Hydraulic: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Air Driven
8.5.1 Overview
8.5.2 Air Driven: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Centrifugal Pump Market Analysis - By Type
9.1 Overview
9.2 Europe Centrifugal Pump Market, by Type (2020 and 2028)
9.3 Overhung Impeller
9.3.1 Overview
9.3.2 Overhung Impeller: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Vertically Suspended
9.4.1 Overview
9.4.2 Vertically Suspended: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Between Bearing
9.5.1 Overview
9.5.2 Between Bearing: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Centrifugal Pump Market Analysis - By Sector
10.1 Overview
10.2 Europe Centrifugal Pump Market Breakdown, by Sector, 2020 and 2028
10.3 Oil and Gas
10.3.1 Overview
10.3.2 Oil and Gas: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.4 Chemicals and Petrochemicals
10.4.1 Overview
10.4.2 Chemicals and Petrochemicals: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.5 Mining
10.5.1 Overview
10.5.2 Mining: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.6 Power Generation
10.6.1 Overview
10.6.2 Power Generation: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.7 Automotive
10.7.1 Overview
10.7.2 Automotive: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.8 Agriculture
10.8.1 Overview
10.8.2 Agriculture: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.9 HVAC
10.9.1 Overview
10.9.2 HVAC: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.10 Wastewater Management
10.10.1 Overview
10.10.2 Wastewater Management: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
10.11 Others
10.11.1 Overview
10.11.2 Others: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
11. Europe Centrifugal Pump Market – Country Analysis
11.1 Overview
11.1.1 Europe: Centrifugal Pump Market, By Country
11.1.1.1 Germany: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: Centrifugal Pump Market, by Stage
11.1.1.1.2 Germany: Centrifugal Pump Market, by Operation Type
11.1.1.1.3 Germany: Centrifugal Pump Market, by Type
11.1.1.1.4 Germany: Centrifugal Pump Market, by Sector
11.1.1.2 France: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 France: Centrifugal Pump Market, by Stage
11.1.1.2.2 France: Centrifugal Pump Market, by Operation Type
11.1.1.2.3 France: Centrifugal Pump Market, by Type
11.1.1.2.4 France: Centrifugal Pump Market, by Sector
11.1.1.3 Italy: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Italy: Centrifugal Pump Market, by Stage
11.1.1.3.2 Italy: Centrifugal Pump Market, by Operation Type
11.1.1.3.3 Italy: Centrifugal Pump Market, by Type
11.1.1.3.4 Italy: Centrifugal Pump Market, by Sector
11.1.1.4 UK: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 UK: Centrifugal Pump Market, by Stage
11.1.1.4.2 UK: Centrifugal Pump Market, by Operation Type
11.1.1.4.3 UK: Centrifugal Pump Market, by Type
11.1.1.4.4 UK: Centrifugal Pump Market, by Sector
11.1.1.5 Russia: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: Centrifugal Pump Market, by Stage
11.1.1.5.2 Russia: Centrifugal Pump Market, by Operation Type
11.1.1.5.3 Russia: Centrifugal Pump Market, by Type
11.1.1.5.4 Russia: Centrifugal Pump Market, by Sector
11.1.1.6 Rest of Europe: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: Centrifugal Pump Market, by Stage
11.1.1.6.2 Rest of Europe: Centrifugal Pump Market, by Operation Type
11.1.1.6.3 Rest of Europe: Centrifugal Pump Market, by Type
11.1.1.6.4 Rest of Europe: Centrifugal Pump Market, by Sector
12. Impact of COVID-19 Pandemic on Europe Centrifugal Pump Market
12.1 Europe: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
14. Company Profiles
14.1 EBARA CORPORATION
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Grundfos Holding A/S
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 KIRLOSKAR BROTHERS LIMITED
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 KSB SE & Co. KGaA
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 PLEUGER INDUSTRIES
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Sulzer Ltd
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 The Weir Group PLC
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Tsurumi Manufacturing Co., Ltd.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 WILO SE
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Xylem Inc.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Europe Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Centrifugal Pump Market, By Stage – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Centrifugal Pump Market, By Operation Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Centrifugal Pump Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Centrifugal Pump Market, By Sector – Revenue and Forecast to 2028 (US$ Million)
Table 6. France Centrifugal Pump Market, By Stage – Revenue and Forecast to 2028 (US$ Million)
Table 7. France Centrifugal Pump Market, By Operation Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. France Centrifugal Pump Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. France Centrifugal Pump Market, By Sector – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy Centrifugal Pump Market, By Stage – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy Centrifugal Pump Market, By Operation Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy Centrifugal Pump Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy Centrifugal Pump Market, By Sector – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK Centrifugal Pump Market, By Stage – Revenue and Forecast to 2028 (US$ Million)
Table 15. UK Centrifugal Pump Market, By Operation Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. UK Centrifugal Pump Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. UK Centrifugal Pump Market, By Sector – Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia Centrifugal Pump Market, By Stage – Revenue and Forecast to 2028 (US$ Million)
Table 19. Russia Centrifugal Pump Market, By Operation Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia Centrifugal Pump Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia Centrifugal Pump Market, By Sector – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe Centrifugal Pump Market, By Stage – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe Centrifugal Pump Market, By Operation Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Centrifugal Pump Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Market, By Sector – Revenue and Forecast to 2028 (US$ Million)
Table 26. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Centrifugal Pump Market Segmentation
Figure 2. Europe Centrifugal Pump Market Segmentation – By Country
Figure 3. Europe Centrifugal Pump Market Overview
Figure 4. Single Stage Segment held the Largest Share of Europe Centrifugal Pump Market
Figure 5. Electric Segment held the Largest Share of Europe Centrifugal Pump Market
Figure 6. Overhung Impeller Segment held the Largest Share of Europe Centrifugal Pump Market
Figure 7. Wastewater Management Segment held the Largest Share of Europe Centrifugal Pump Market
Figure 8. UK to Show Great Traction During Forecast Period
Figure 9. Europe: SWOT Analysis
Figure 10. Expert Opinion
Figure 11. Europe Centrifugal Pump Market Impact Analysis of Drivers and Restraints
Figure 12. Europe Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Centrifugal Pump Market Revenue Share, by Stage (2020 and 2028)
Figure 14. Europe Single Stage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Multistage: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Centrifugal Pump Market Revenue Share, by Operation Type (2020 and 2028)
Figure 17. Europe Electric: Centrifugal Pump Market– Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Hydraulic: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Air Driven: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Centrifugal Pump Market Revenue Share, by Type (2020 and 2028)
Figure 21. Europe Overhung Impeller: Centrifugal Pump Market– Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Vertically Suspended: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Between Bearing: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe Centrifugal Pump Market Revenue Share, by Sector (2020 and 2028)
Figure 25. Europe Oil and Gas: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Chemicals and Petrochemicals: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe Mining: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Europe Power Generation: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Europe Automotive: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe Agriculture: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. Europe HVAC: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe Wastewater Management: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe Others: Centrifugal Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe: Centrifugal Pump Market, by Key Country – Revenue (2020) (USD Million)
Figure 35. Europe: Centrifugal Pump Market Revenue Share, By Country (2020 and 2028)
Figure 36. Germany: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. France: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Italy: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. UK: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Russia: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Rest of Europe: Centrifugal Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Impact of COVID-19 Pandemic in Europe Country Markets
- EBARA CORPORATION
- Grundfos Holding A/S
- KIRLOSKAR BROTHERS LIMITED
- KSB SE & Co. KGaA
- PLEUGER INDUSTRIES
- Sulzer Ltd
- The Weir Group PLC
- Tsurumi Manufacturing Co., Ltd.
- WILO SE
- Xylem Inc.
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