North American Centrifugal Pumps Market, Forecast to 2024

Industrial Internet of Things to Disrupt Conventional Market Dynamics

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The aim of this research study is to assess trends and evaluate the opportunities for centrifugal pumps across North America until 2024. This research examines the growth prospects of process equipment pump companies across the region, the changing competitive landscape, and the needs and requirements of customers. The study focuses on how smarter and more energy-efficient pumps are gaining widespread adoption. It also highlights how the pump market is set to benefit both in terms of revenues and unit shipment growth as economies recover, export markets are restored, and the growth rate for various end-user segments in the North American region rises. Digital transformation caused by the convergence of industr

Research Scope

Regions – North America: United States and Canada

Product Technology – Single stage, Multi stage, Axial and Mixed Flow, Submersible, Seal-less and Circulator

End-user Industries – Oil and Gas, Water and Wastewater, Chemicals, Power Generation, Construction, Metals and Mining, Pharmaceutical, Food and Beverage and Others which includes Pulp and Paper, Marine, Textile, Iron and Steel, Automotive, and Agriculture


Key Issues Addressed

  • How is the market expected to grow between 2017 and 2024?
  • What are the major market drivers and restraints impacting the North America centrifugal pumps across key end-user industries? How will these factors impact the market in the long- term?
  • What are the important business trends that are poised to disrupt the North American centrifugal pumps business?
  • Which type of pump types are considered most likely to grow by end-user companies and at what rates are they expected to grow?
  • Which key Mega Trends from select end-user industries will be the main propellers of economic activity in North America?
  • How has the competitive landscape changed? What is the relative position of competitors in the North American centrifugal pumps market?

Table of Contents

Executive SummaryKey FindingsMarket Engineering MeasurementsMarket Engineering Measurements (continued)CEO’s PerspectiveMarket OverviewResearch ScopeKey Questions this Study will AnswerScope of the Study—SegmentationMarket Segmentation Market Distribution ChannelsDrivers and Restraints—Total Centrifugal Pumps MarketMarket DriversDrivers ExplainedDrivers Explained (continued)Drivers Explained (continued)Drivers Explained (continued)Drivers Explained (continued)Drivers Explained (continued)Market RestraintsRestraints ExplainedRestraints Explained (continued)Restraints Explained (continued)Restraints Explained (continued)Forecasts and Trends—Total Centrifugal Pump MarketMarket Engineering MeasurementsMarket Engineering Measurements (continued)Forecast AssumptionsUnit Shipment and Revenue ForecastPricing Trends and ForecastPricing Trends and Forecast DiscussionPercent Revenue Forecast by CountryRevenue Forecast by CountryRevenue Forecast Discussion by CountryRevenue Forecast by Vertical MarketRevenue Forecast Discussion by Vertical MarketRevenue Forecast Discussion by Vertical Market (continued)Revenue Forecast Discussion by Vertical Market (continued)Revenue Forecast Discussion by Vertical Market (continued)Percent Revenue Forecast by Distribution ChannelPercent Revenue Forecast Discussion by Distribution ChannelMarket Share and Competitive Analysis—Total Centrifugal Pump MarketMarket ShareMarket Share AnalysisCompetitive EnvironmentCompetitive Factors and AssessmentCompetitive Factors and Assessment (continued)Growth Opportunities and Companies to ActionGrowth Opportunity 1—Energy Efficiency at the ForefrontGrowth Opportunity 2—Industrial Internet of Things (IIoT)Growth Opportunity 3—Changing Market DynamicsGrowth Opportunity 4—Market PositioningStrategic Imperatives for Success and Growth CEO’s 360 Degree PerspectiveCEO’s 360 Degree PerspectiveSingle Stage Pumps Segment AnalysisMarket Engineering MeasurementsRevenue ForecastRevenue Forecast DiscussionMulti Stage Pumps Segment AnalysisMarket Engineering MeasurementsRevenue ForecastRevenue Forecast DiscussionAxial and Mixed Pumps Segment AnalysisMarket Engineering MeasurementsRevenue ForecastRevenue Forecast DiscussionSubmersible Pumps Segment AnalysisMarket Engineering MeasurementsRevenue ForecastRevenue Forecast DiscussionSealless and Circulator Pumps Segment AnalysisMarket Engineering MeasurementsRevenue ForecastRevenue Forecast DiscussionThe Last WordThe Last Word—3 Big PredictionsLegal DisclaimerAppendixMarket Engineering MethodologyAdditional Sources of Information on Study TopicList of Companies in “Others”Partial List of Companies InterviewedLearn More—Next StepsList of ExhibitsList of Exhibits (continued)

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