Vertical Turbine Pump Market Key Highlights:
- Market Size (2024): USD 26.7 Billion
- Projected Market Size (2034): USD 43.91 Billion
- CAGR (2024-2034): 5.1%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Vertical Turbine Pump Market Definition
The vertical turbine pumps are category of pump which is usually utilized for moving large volumes of water or other fluids from deep wells, reservoirs, or other sources. It is categorised by its vertical shaft configuration, where the motor is mounted above ground, and the pump’s components, such as the impellers, are situated below the surface. Rising adoption of the inorganic growth strategies like partnership and collaboration to expand the market presence is estimated to drive the vertical turbine pumps market over the forecast period.
- In May 2024, Pentair Pool, a company providing sustainable pool solutions signed partnership with 2026 Special Olympics USA Games to develop the sustainable and smart pool solution for Special Olympics USA Games.
- Furthermore, in January 2022, Pentair, a company providing solutions for water treatment, revealed the launch of the latest version of Pentair.com website for Pentair Water Solutions. With this latest website and the assistance of a network of professional installers, Pentair Water Solutions is well-positioned to offer leading water treatment services and solutions directly to consumers through a several different channels, including both in-home and online.
- Moreover, in April 2024, Sulzer, engineering and manufacturing firm, uneviled the introduction of the new production unit at Easley, South Carolina, U.S. Sulzer has spent more than CHF 10 million to increase its capacity for advanced manufacturing in the United States. Through the expansion, Sulzer fortifies its relationships with U.S. supply chains to provide a range of products that adhere to the Build America Buy America Act (BABA). The investment will fulfill the increasing need for essential infrastructure, increase manufacturing efficiency, shorten customer lead times, and support the local economy. ABS Piranha PE grinder pumps and Sulzer's ABS XFP sewage pumps are now part of the facility's enlarged pump portfolio. These new production lines strengthen Suzer's dedication to supporting vital sectors and fostering economic growth while also creating more supply chain jobs in the neighborhood. Continued site growth in 2024 will ensure more American-based production of vital pumps and water treatment machinery for the water sector and promote additional local job opportunities.
While demand for vertical turbine pumps increase, stringent federal regulations around the production and supply chain disruption limit growth in the vertical turbine pumps market. As industrialization and urbanization increase, the need for the sewage management and water treatment has observed to increase, thereby boosting the demand for vertical turbine pumps. Rising development in regions, especially in Asia-Pacific, Latin America, Middle East and Africa, a, where water management infrastructure is being evolving rapidly, presents new opportunities for vertical turbine pumps market.
Vertical Turbine Pump Market Segmentation:
By Stage
- Single Stage Vertical Turbine Pumps
- Multi-Stage Vertical Turbine Pumps
By End use
- Agriculture & Irrigation
- Power Generation
- Oil & Gas
- Municipal
- General Industry
- Chemical
- Mining
Vertical Turbine Pump Market Companies:
- Grundfos Pumps Corporation
- Pentair Aurora Pump
- Simflo Pump
- Process Systems
- Neptuno Pumps Ltda
- Sintech Precision Products Ltd.
- Xylem
- Flowserve
- Ruhrpumpen
- Kirloskar Brothers Limited
- ITT INC.
- Gusher Pumps
- Hydroflo Pumps
- Sulzer
- Wilo Pump
- CNP PUMPS INDIA PVT. LTD
- C.R.I. Pumps Private Limited
- Hydroflo Pumps
- Sulzer
- Grundfos
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