Horizontal Multistage Pumps Sector: Growth Drivers and Challenges
Growth Drivers
- Increasing Application in Waste Water Treatment
- Rising Demand for Water Globally
Challenges
- Growing Circulation of Generic Pumps in the Market
- Requirement of High Initial Investment
Horizontal Multistage Pumps Market: Key Insights
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
3.2% |
Base Year Market Size (2024) |
USD 871.32 million |
Forecast Year Market Size (2037) |
USD 1.31 billion |
Regional Scope |
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of horizontal multistage pumps is evaluated at USD 895.02 million.
Horizontal Multistage Pumps Market size was over USD 871.32 million in 2024 and is poised to exceed USD 1.31 billion by 2037, witnessing over 3.2% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is likely to dominate majority revenue share by 2037, backed by growing demand for water pumps for irrigation, waste water treatment, and other applications.
The major players in the market are Xylem, Sulzer Ltd., Flowserve Corporation, Grundfos Holding A/S, The Weir Group PLC, Baker Hughes Company, and others.