Centrifugal Pump Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Centrifugal Pump Market is no different. Derived from the previous market scenario, the Centrifugal Pump Market was expected to grow at 5.2% CAGR but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Get access to a deeper coverage of the impact of COVID-19 on the Centrifugal Pump Market here: https://www.stratviewresearch.com/655/centrifugal-pump-market.html

The Diverse Stand Point:

The true picture of the market shall not emerge till the time the market is analysed from various point of views. Each vantage point gives better understanding of the market. The market of Centrifugal Pump has been viewed from various perspectives such as:

• By Type (Overhung Impeller, Vertically Suspended, Between Bearing)
• By Stage Type (Single Stage, Multistage)
• By End-Use Type (Industrial, Commercial & Residential)
• By Region (North America, Europe, Asia-Pacific, and RoW)

Each view helps us answer a prominent question, and we bring out the best market intelligence which is of interest to each and every player in the market, no matter where he lies in the value chain.

The answers to the prominent questions which are evinced out of above slicing of the market are:

• Which are the best performing segments of the market?
• Which is the most dominant region?
• Who are the movers and shakers of the market?
• What are the segmental growth forecasts?

Get a free sample of the report here:

https://www.stratviewresearch.com/Request-Sample/655/centrifugal-pump-market.html

Centrifugal Pump Market Segment Insights:

Overhung Impeller: The growth engine

Based on the type, the market is segmented as an overhung impeller, vertically suspended, and between bearing. The overhung impeller segment dominated the market in 2019, and the segment is likely to maintain its dominance during the forecast period. The growth of the segment is owing to the extensive use of overhung impellers in commercial, residential, and industrial applications. In addition, they are also used in different end-use industries for power generation owing to their low cost as compared against bearing pumps.

Click below to run through the detailed ToC of the report:

https://www.stratviewresearch.com/toc/655/centrifugal-pump-market.html

Dominance of: The Multistage Segment

Based on the stage type, the market is segmented as single stage and multistage. The multistage segment is estimated to have substantial growth in the coming five years. Multistage pumps offer several advantages as they are suitable in operating in a host of flow/head situations.

A highly/moderately/fragment consolidated Market

Some of the centrifugal pump manufacturers are Xylem Inc., The Flowserve Corporation, Grundfos, Sulzer Ltd., ITT Corporation, WILO SE, Circor International Inc., Ebara Corporation, and Baker Hughes (A GE Company).

Regional Hegemony of Asia-Pacific

Asia-Pacific is expected to dominate the centrifugal pump market in the coming five years. China and India are the growth engines of the region. The market is driven by the growing investments in the water and wastewater set-up in India and other South-Eastern countries.  North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

• Strategic segmentation
• Covid-19 Impact Assessment
• Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Detailed Competitive Rivalry landscaping
• Market trend and forecast analysis
• Future Growth Boulevards  

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176