Centrifugal Pump Market Size, Share and Growth Analysis For 2023-2028
Global Centrifugal Pump Market Overview:
The global centrifugal pump market is estimated to grow from USD 39.7 billion in 2023 to USD 51.5 billion by 2028, at a CAGR of 5.4% during the forecast period. The requirement for desalination and water treatment has also contributed to the growth opportunities for centrifugal pump manufacturers. Desalination plants rely on centrifugal pumps for seawater...
Centrifugal Pump Market Forecast to Surpass $51.5 billion by 2028 with a CAGR of 5.4%
According to a research report “Centrifugal Pump Market by Type (Overhung Impeller, Between Bearing, Vertically Suspended), Operation (Electrical, Hydraulic, Air-driven), Stage (Single Stage, Multistage), End User (Industrial, Commercial & Residential) & Region – Global Forecast to 2028″ published by MarketsandMarkets, the global centrifugal pump market is estimated to grow...