Global Vertical Turbine Pump Market Size Study, by Head Type, by Material Type, by Stage, by Power Rating, by End-use, and Regional Forecasts 2022-2032

Description

Global Vertical Turbine Pump Market valued at approximately USD 19.31 billion in 2023, is expected to grow at a compound annual growth rate (CAGR) of 4.54% during the forecast period of 2024-2032. Vertical turbine pumps are critical in numerous sectors due to their ability to lift water from deep sources and transport it across long distances. These pumps play a vital role in maintaining water pressure within municipal water supply systems and sewage systems, supporting industries like agriculture, oil and gas, and industrial operations.

With rising global population levels and increased industrial activity, there is an ever-growing demand for effective water management solutions. Vertical turbine pumps help manage water resources efficiently, particularly in arid regions and areas facing water shortages. Furthermore, their ability to handle liquids containing solids and their high efficiency in transporting large volumes of water make them suitable for diverse applications, such as irrigation, crude oil transportation, and offshore platform operations. Technological innovations, such as corrosion-resistant materials and energy-efficient motors, have further enhanced the demand for vertical turbine pumps by improving efficiency and reducing maintenance costs. Moreover, the expansion in emerging markets and adoption of smart pumping solutions present various lucrative opportunities over the forecast years. However, the high initial costs and maintenance requirements as well as integration with existing systems are challenging the market growth throughout the forecast period of 2024-2032.

The key regions considered for the global Vertical Turbine Pump Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the Vertical Turbine Pump Market in terms of revenue. The market growth in the region is being attributed to factors including advanced industrial infrastructure and significant investments in sustainable water management solutions. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by rapid urbanization, industrialization, and the need for water supply and irrigation systems.

Major market players included in this report are:

Grundfos Pumps Corporation (Denmark)
Pentair Aurora Pump (U.S.)
Simflo Pump (U.S.)
Process Systems (U.S.)
Neptuno Pumps Ltda (U.S.)
Sintech Precision Products Ltd. (India)
Xylem (U.S.)
Flowserve (U.S.)
Ruhrpumpen (Germany)
Kirloskar Brothers Limited (India)
ITT INC. (U.S.)
Gusher Pumps (U.S.)
Hydroflo Pumps (U.S.)
Sulzer (Switzerland)
Wilo Pump (Germany)

The detailed segments and sub-segments of the market are explained below:

By Head Type:

500 m
500 to 2000 m
2000 m and above

By Material Type:

Ductile Iron
Stainless Steel
Bronze
Cast Iron

By Stage:

Single-Stage
Multi-Stage

By Power Rating:

Low Power (Up to 1500 HP)
Medium Power (1500 to 4000 HP)
High Power (4000 HP and above)

By End-use:

Residential
Commercial
Agriculture
Firefighting
Municipal
Industrial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Vertical Turbine Pump Market Executive Summary

1.1. Global Vertical Turbine Pump Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Head Type
- 1.3.2. By Material Type
- 1.3.3. By Stage
- 1.3.4. By Power Rating
- 1.3.5. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Vertical Turbine Pump Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Vertical Turbine Pump Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Water Management Solutions
- 3.1.2. Technological Advancements and Product Innovations
- 3.1.3. Several Advantages of Vertical Turbine Pumps
3.2. Market Challenges
- 3.2.1. High Initial Costs and Maintenance Requirements
- 3.2.2. Integration with Existing Systems
3.3. Market Opportunities
- 3.3.1. Expansion in Emerging Markets
- 3.3.2. Adoption of Smart Pumping Solutions

Chapter 4. Global Vertical Turbine Pump Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Vertical Turbine Pump Market Size & Forecasts by Head Type (2022-2032)

5.1. Segment Dashboard
5.2. Global Vertical Turbine Pump Market: Head Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. 500 m
- 5.2.2. 500 to 2000 m
- 5.2.3. 2000 m and above

Chapter 6. Global Vertical Turbine Pump Market Size & Forecasts by Material Type (2022-2032)

6.1. Segment Dashboard
6.2. Global Vertical Turbine Pump Market: Material Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Ductile Iron
- 6.2.2. Stainless Steel
- 6.2.3. Bronze
- 6.2.4. Cast Iron

Chapter 7. Global Vertical Turbine Pump Market Size & Forecasts by Stage (2022-2032)

7.1. Segment Dashboard
7.2. Global Vertical Turbine Pump Market: Stage Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Single-Stage
- 7.2.2. Multi-Stage

Chapter 8. Global Vertical Turbine Pump Market Size & Forecasts by Power Rating (2022-2032)

8.1. Segment Dashboard
8.2. Global Vertical Turbine Pump Market: Power Rating Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Low Power (Up to 1500 HP)
- 8.2.2. Medium Power (1500 to 4000 HP)
- 8.2.3. High Power (4000 HP and above)

Chapter 9. Global Vertical Turbine Pump Market Size & Forecasts by End-use (2022-2032)

9.1. Segment Dashboard
9.2. Global Vertical Turbine Pump Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. Residential
- 9.2.2. Commercial
- 9.2.3. Agriculture
- 9.2.4. Firefighting
- 9.2.5. Municipal
- 9.2.6. Industrial

Chapter 10. Global Vertical Turbine Pump Market Size & Forecasts by Region (2022-2032)

10.1. North America Vertical Turbine Pump Market
- 10.1.1. U.S. Vertical Turbine Pump Market
  - 10.1.1.1. Head Type breakdown size & forecasts, 2022-2032
  - 10.1.1.2. Material Type breakdown size & forecasts, 2022-2032
  - 10.1.1.3. Stage breakdown size & forecasts, 2022-2032
  - 10.1.1.4. Power Rating breakdown size & forecasts, 2022-2032
  - 10.1.1.5. End-use breakdown size & forecasts, 2022-2032
- 10.1.2. Canada Vertical Turbine Pump Market
10.2. Europe Vertical Turbine Pump Market
- 10.2.1. UK Vertical Turbine Pump Market
- 10.2.2. Germany Vertical Turbine Pump Market
- 10.2.3. France Vertical Turbine Pump Market
- 10.2.4. Spain Vertical Turbine Pump Market
- 10.2.5. Italy Vertical Turbine Pump Market
- 10.2.6. Rest of Europe Vertical Turbine Pump Market
10.3. Asia-Pacific Vertical Turbine Pump Market
- 10.3.1. China Vertical Turbine Pump Market
- 10.3.2. India Vertical Turbine Pump Market
- 10.3.3. Japan Vertical Turbine Pump Market
- 10.3.4. Australia Vertical Turbine Pump Market
- 10.3.5. South Korea Vertical Turbine Pump Market
- 10.3.6. Rest of Asia-Pacific Vertical Turbine Pump Market
10.4. Latin America Vertical Turbine Pump Market
- 10.4.1. Brazil Vertical Turbine Pump Market
- 10.4.2. Mexico Vertical Turbine Pump Market
- 10.4.3. Rest of Latin America Vertical Turbine Pump Market
10.5. Middle East & Africa Vertical Turbine Pump Market
- 10.5.1. Saudi Arabia Vertical Turbine Pump Market
- 10.5.2. South Africa Vertical Turbine Pump Market
- 10.5.3. Rest of Middle East & Africa Vertical Turbine Pump Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Grundfos Pumps Corporation
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Market Strategies
- 11.3.2. Pentair Aurora Pump
- 11.3.3. Simflo Pump
- 11.3.4. Process Systems
- 11.3.5. Neptuno Pumps Ltda
- 11.3.6. Sintech Precision Products Ltd.
- 11.3.7. Xylem
- 11.3.8. Flowserve
- 11.3.9. Ruhrpumpen
- 11.3.10. Kirloskar Brothers Limited
- 11.3.11. ITT INC.
- 11.3.12. Gusher Pumps
- 11.3.13. Hydroflo Pumps
- 11.3.14. Sulzer
- 11.3.15. Wilo Pump

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes