Centrifugal Pumps Market The centrifugal pumps market is estimated to be valued at USD 33 billion in 2023 and is expected to grow to USD 60 billion by 2033, with a projected compound annual growth rate (CAGR) of 6.2% during this period. This growth is largely driven by the rising demand for energy-efficient pumps, as …
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Global Centrifugal Pumps Market is Expected to Reach USD 60 billion by 2033, Expanding at a 6.2% CAGR |FMI Reports
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 …