A pump is a mechanical device that moves fluids by mechanical action. Centrifugal pump is a mechanical device that is used for transportation of liquid of various types including water, oil, wastewater, etc. Centrifugal pumps find applications in agricultural and domestic purposes. Immersible pumps are a type of centrifugal pumps and a subset of submersible pumps, which are deployed in extreme pumping applications related to wastewater and effluent treatment. However, submersible type pumps have a predominant market share compared to immersible pumps in terms of application by wastewater treatment. Furthermore, positive displacement pump refers to a mechanical device that is used for transportation of fluid, with definite volume of fluid being transferred in each cycle of pump. It is typically used for extensive range of application such as oil & gas, chemical, and food & beverages sector.

Market Dynamics:

Constant demand from oil & gas and mining industries is expected to drive growth of the North & Latin America water pumps market and 2. Stringent energy and environment regulatory policies and legislation the major factors that are expected to propel the North & Latin America water pumps market growth.

However, significant drop in capital expenditure across industrial sectors is expected to restrain growth of the North & Latin America water pumps market during the forecast period

Key features of the study:

This report provides an in-depth analysis of the North & Latin America water pumps market and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players

It profiles leading players in the North & Latin America water pumps market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans

Key companies covered as a part of this study include KSB AG, Ruhrpumpen Group, Flowserve Corporation, Kirloskar Brothers Limited, Sulzer AG, Xylem Inc., Ebara Corporation, Wilo SE, GRUNDFOS, and The Weir Group PLC.

Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics

The North & Latin America water pumps market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the North & Latin America water pumps market

Detailed Segmentation:

• North and Latin America Water Pumps Market, By Type:
  • Centrifugal Pump
    • Single Stage
    • Multi Stage
    • Axial & Mixed
    • Submersible
    • Circulator
  • Positive Displacement Pump
    • Reciprocating
    • Rotary
• North and Latin America Water Pumps Market, By Application:
  • Centrifugal Pump Application
    • Domestic
    • Water Treatment (Industrial, commercial)
    • Agriculture & Irrigation
    • Mining
    • Wastewater Treatment (E.T.P., S.T.P.)
    • Oil & Gas
    • Other Industrial
  • Positive Displacement Pump Application
    • Chemical
    • Water & Wastewater
    • Power
    • Pulp & Paper
    • Oil & Gas
    • Others
• North and Latin America Water Pumps Market, By Capacity:
  • Small
  • Medium
  • High
• North and Latin America Water Pumps Market, By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Argentina
    • Brazil
    • Mexico
    • Rest of Latin America
• Company Profiles:
  • KSB AG
  • Ruhrpumpen Group
  • Flowserve Corporation
  • Kirloskar Brothers Limited
  • Sulzer AG
  • Xylem Inc.
  •  Ebara Corporation
  • Wilo SE
  • GRUNDFOS
  • The Weir Group PLC