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Multistage Pump Market

Multistage Pump Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Multistage Pump Market: Introduction

  • Multistage pumps are those pumps in which the fluid flows through several impellers fitted in series. One of the examples of a pump with several stage casings of the same type fitted in tandem arrangement is the ring-section pump. This kind of pump is often used in power station applications, such as boiler feed pump and industrial applications that require high pressure.
  • The head of a single-stage centrifugal pump is largely governed by the type of impeller and the circumferential speed. If the number of stages is altered at unchanged dimensions and speeds, the flow rate of such multistage pumps remains constant while the power input and head increase proportionally to the number of stages.

Key Drivers of the Global Multistage Pump Market

  • Increasing global population with rising residential construction are the major factors contributing to the growth of the multistage pump market. Rising water concerns influences the growth of water treatment plants, which subsequently contributes to the growth of the market.
  • Increasing investment in infrastructural development and rapid industrialization are prime factors boosting the growth of the market. Manufacturers look for cost-effective and reliable fluid lifting options in all production scenarios which has led to increasing adoption of multistage pumps. Companies are developing robust products with the capacity to lift large volumes of fluid. This is anticipated to create lucrative opportunities in the market in the coming years. Multistage pumps have become an integral part of power plants due to growing demand for electricity all across the globe.

Factors Restraining the Global Multistage Pump Market

  • A disadvantage of very large number of stages is the increasing sensitivity of the pump rotor to external or natural vibrations.
  • High initial cost and maintenance are restraining factors which may hinder the growth of the multistage pump market.

Market in Asia Pacific to Expand Rapidly

  • In terms of region, the global multistage pump market can be divided into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
  • North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the multistage pump market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the multistage pump market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America multistage pump market is segmented into Brazil, and Rest of South America.
  • North America accounted for largest share of the global multistage pump market due to the presence of a large commercial sector and expansion of oil & gas infrastructure. Increasing industrial infrastructure and commercial sector are propelling the demand for water treatment plants, which has led to increasing integration of multistage pumps, subsequently driving the growth of the multistage pump market in North America.
  • The multistage pump market in Asia Pacific region is projected to expand rapidly during the forecast period due to the growing power & supply industry in the region. Rapid industrialization and urbanization influences the growth of power plants in Asia Pacific, which has driven the sale of multistage pumps largely. This is expected to contribute to the growth of the multistage pump market in the Asia Pacific region.

Key Players Operating in the Global Market

Companies in the multistage pump market are focusing on developing innovative and quality products which will help in enhancing their competitive advantage and subsequently increase their market share. Companies are strengthening their product portfolio due to the changing preference for advanced products and the prevailing competition. Developing products with a robust design and the capacity to lift large volumes of fluid are anticipated to create lucrative opportunities in the multistage pump market. Growing competition gives force to market players to focus on introducing advanced products.

A few of the key players operating in the global multistage pump market are:

  • Aquasub Engineering
  • C.R.I. Pumps Private Limited
  • CNP India Private Limited
  • EDUR-Pumpenfabrik
  • Grundfos Pumps India Private Ltd.
  • Kirloskar Brothers Limited (India)
  • KSB SE & Co. KGaA
  • Sam Turbo Industry Private Limited
  • Sintech Precision Products Ltd.
  • Xylem

Global Multistage Pump Market: Research Scope

Global Multistage Pump Market, by Type

  • Vertical Pump
  • Horizontal Pump

Global Multistage Pump Market, by Material

  • Stainless Steel
  • Cast Iron

Global Multistage Pump Market, by End-use

  • Mining
  • Agriculture
  • Thermal & Power Generation
  • Oil & Gas
  • Chemical
  • Others (Water & Wastewater, Pulp & Paper, etc.)

Global Multistage Pump Market, by Distribution Channel

  • Direct Sales
  • Indirect Sales

Global Multistage Pump Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

The report on the global multistage pump market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.

Multistage Pump Market

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