Global Vertical Turbine Pumps Market Growth 2019-2024

Vertical turbine pumps are designed to move water from an underground well or reservoir. They’re also known a deep well turbine pumps or a line shaft turbine pumps. The electric motor of a vertical turbine pump is located above ground, connected via a long vertical shaft to impellers at the bottom of the pump.
The leading players mainly are Grundfos, Gorman Rupp (National Pump), Flowserve, Pentair Aurora Pump and Sulzer. Grundfos is the largest player; its revenue of global market exceeds 14% in 2017.
Geographically, the global vertical turbine pumps market has been segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. North America held the largest share in the global vertical turbine pumps market, its revenue of total market exceeds 38% in 2017

According to this study, over the next five years the Vertical Turbine Pumps market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 400 million by 2024, from US$ 330 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vertical Turbine Pumps business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Turbine Pumps market by product type, application, key manufacturers and key regions and countries.

This study considers the Vertical Turbine Pumps value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ductile Iron Pump
Stainless Steel Pump
Other Pump
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Municipal
Firefighting
Agriculture
Industrial
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Grundfos
Gorman Rupp (National Pump)
Flowserve
Pentair Aurora Pump
Sulzer
Ruhrpumpen
Xylem
KBL
Aoli Machinery
Process Systems
Simflo Pump
SMI
Hydroflo Pumps

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Vertical Turbine Pumps consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vertical Turbine Pumps market by identifying its various subsegments.
Focuses on the key global Vertical Turbine Pumps manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vertical Turbine Pumps with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vertical Turbine Pumps submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.