The market size of centrifugal pump is between USD 27 to USD 30 Billion worldwide.
The current market size of centrifugal pump stands between USD 27 to USD 30 Billion worldwide.
Centrifugal pump is a mechanical device designed to move a fluid by means of the transfer of rotational energy from one or more driven rotors, called impellers.
Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. Centrifugal pump designs offer simple and low-cost solutions to most low pressure, high capacity pumping applications involving low viscosity fluids such as water, solvents, chemicals and light oils.
There are 10-15 global and local pump manufacturer are supplying the market, list of few are mentioned here. More you can search at Pump Market Research Reports
The top players as per our estimation are:
- Flowserve Corporation
- ITT Inc.
- KSB Group
- Schlumberger Limited
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