The centrifugal pumps market is predicted to be valued at USD 33 billion in 2023 and USD 60 billion by 2033. Over the projection period, sales in the Centrifugal Pumps market are expected to increase at a CAGR of 6.2%. Significant growth opportunities lie in the growing demand for energy-efficient pumps. As sustainability becomes a …
Tag Archives: Centrifugal Pumps Market Demand
Centrifugal Pumps Market Regional Outlook | US, Canada, Germany, U.K., France, Italy, Japan
Global sales of centrifugal pumps are set to be valued at over US$ 29 Bn in 2021, with a steady long-term projection, according to the latest insights by Future Market Insights (FMI). The report estimates the market to expand at 4.6% CAGR from 2021 to 2031. In the centrifugal pumps market, the industrial and domestic segments …