VERTICAL MULTISTAGE CENTRIFUGAL PUMP MARKET ANALYSIS
Global Vertical Multistage Centrifugal Pump Market: Competitive Landscape
Intense competition among vendors of vertical multistage centrifugal pumps has led to adoption of various strategies such as mergers and acquisitions and new product launches, in order to remain competitive in this market. Major players use such strategic tactics to increase their geographical foothold or to expand their products in the market. For instance, in July 2018, Grundfos released a new range of CR vertical multi-stage centrifugal in-line pumps, with efficiency upgrades and new features that will further improve pump reliability. CR centrifugal pumps is equipped with three new flow sizes (CR95, 125, and 155) and increases the maximum water flow to 220 cubic meters per hour.
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