Vertical turbine pumps market, also known as deep well or line shaft pumps, are centrifugal pumps designed for fully submerged operation in water. They’re commonly used to extract water from underground wells or reservoirs for various applications across industries. Their vertical design makes them more practical than submersible pumps, as it keeps the motor dry and minimizes risks. These pumps consist of a motor, discharge head, and rotating impeller attached to a shaft, which directs water into a diffuser casing known as a bowl. The impeller raises water velocity, and the bowl converts it into high pressure. The water then passes through multiple stages before reaching the surface through a vertical column pipe. The motor, located above ground, is connected to the impellers via a vertical shaft, supported by sleeve bearings lubricated by the passing water.
The vertical turbine pump market size was USD 21,719.32 million in 2023 and is anticipated to reach USD 34,658.65 million in 2033, growing at a rate of 4.9% from 2024 to 2033.
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- 12 – Chapter
- 565 – Pages
- Industry: Manufacturing & Construction
Key trends:
Extensive application of vertical turbine pump in several industries
The growth of the global vertical turbine pump market is further fueled by the increasing demand from various industries. The pump offers numerous benefits like corrosion resistance, smooth flow, low maintenance, size & application versatility, etc. These features are anticipated to expand the product demand during the forecast period. Sectors such as agriculture, fire fighting, oil and gas, water and wastewater, and power generation depends heavily on vertical turbine pumps for their fluid handling needs. In agriculture, these pumps are used for irrigation purposes, ensuring a steady supply of water to crops. With the increasing global population, particularly in regions like Sub-Saharan Africa and South Asia, there’s a projected surge in demand for vertical turbine pumps. Notably, Sub-Saharan Africa has exhibited remarkable agricultural production growth, positioning itself to not only fulfill its own food requirements but also contribute to the global food supply.
Increasing Demand from Water and Wastewater Management Sector
One major opportunity in the global market for vertical turbine pumps is the increasing demand for water and wastewater management solutions worldwide. These pumps are mostly used in various applications such as water supply, irrigation, and wastewater treatment due to their capability to move large volumes of water efficiently over long distances and elevations. With urbanization, industrialization, and population growth putting more pressure on water resources and infrastructure, there is a greater need for dependable and efficient pumping systems to support water supply networks and wastewater treatment facilities.
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Market Segmentation:
By Type:
Open Line Shaft, Enclosed Line Shaft, Close Coupled, Submersible, and Deep Well
By Application:
Agriculture & Irrigation, Municipal Water Supply, Industrial Water Supply, Fire Protection, Irrigation, Mining, Oil and Gas, Chemical Processing, Power Generation, and Wastewater Treatment
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Data Summary:
| Report Attribute | Details |
| Market Size in 2023 | US$ 21,719.32 million |
| Market Size in 2033 | US$ 34,658.65 million |
| CAGR % | 4.9% |
| Historic Period | 2017-2022 |
| Forecast Period | 2024-2033 |
| Base Year | 2023 |
| Segments Covered | Type, Stage, Material, Capacity, Speed, Application, Fire Fighting, Power Source, and Region |
| Key Companies | Amarillo Gear Company, East Pump, Dongyin Pump, Wilo SE, Liyuan Pump, Shimge Pump, Leo Group, Xylem, Ruhrpumpen, Weir Group, SPX Flow, KSB SE & CO. KGAA, Sulzer Ltd., Ebara Corporation, CNP Pumps India, Pentair PLC, National Pump Company, Process Systems Inc., Trillium Flow Technologies, Cornell Pump Company, and Baker Hughes |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Research Scope:
- Estimates and forecast the overall market size for the total market across type, application, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers, and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements
- Identify the primary hydrogen electrolyzer market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Key Players:
- National Pump Company (part of Gorman-Rupp Company) (US)
- Ruhrpumpen Group (part of Corporación EG) (Germany)
- Sinoflo (China)
- Sulzer Ltd (Switzerland)
- Trillium Flow Technologies (US)
- Xylem Inc. (US)
- Amarillo Gear Company
- East Pump
- Dongyin Pump
- Wilo SE
By Region
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, Rest of Latin America)
- Middle East and Africa (UAE, Saudi Arabia, Rest of Middle East And Africa)
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