Horizontal Centrifugal Pumps Market
The market for Horizontal Centrifugal Pumps was estimated at $3.8 billion in 2024; it is anticipated to increase to $5.8 billion by 2030, with projections indicating growth to around $8.3 billion by 2035.
Global Horizontal Centrifugal Pumps Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Horizontal Centrifugal Pumps industry revenue is expected to be around $4.1 billion in 2025 and expected to showcase growth with 7.4% CAGR between 2025 and 2034. The Horizontal centrifugal pumps market shows impressive growth because of multiple driving factors. The industrial sectors ongoing growth together with rising requirements for efficient fluid handling solutions has elevated the importance of these pumps. The market has gained additional importance because of worldwide infrastructure development projects and technological progress. The market has experienced growth because of rising industrial focus on energy efficiency and the need for dependable high-capacity pumping solutions across different industries.
Horizontal centrifugal pumps transform rotational kinetic energy into hydrodynamic energy to serve as fundamental equipment in various industrial operations. The pumps achieve high operational efficiency and durability while handling large fluid volumes which makes them suitable for multiple applications. Horizontal centrifugal pumps serve various industries including water treatment facilities and chemical plants and oil and gas operations and power generation facilities. The market demand for these pumps has grown because of smart pump system adoption and rising customer interest in energy-efficient pumps. Furthermore, the advent of Industry 4.
Market Key Insights
- The Horizontal Centrifugal Pumps market is projected to grow from $3.8 billion in 2024 to $7.8 billion in 2034. This represents a CAGR of 7.4%, reflecting rising demand across Water & Wastewater Treatment, Chemical Processing and Oil & Gas Industry.
- Grundfos, Flowserve Corporation, KSB SE & Co. KGaA are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Horizontal Centrifugal Pumps market and are expected to observe the growth CAGR of 4.8% to 7.1% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 8.5% to 10.2%.
- Transition like Digitalization in Pump Technology is expected to add $171 million to the Horizontal Centrifugal Pumps market growth by 2030.
- The Horizontal Centrifugal Pumps market is set to add $4.0 billion between 2024 and 2034, with manufacturer targeting Oil & Gas & Power Generation Applications projected to gain a larger market share.
- With Increased demand in water & wastewater treatment, and Expansion in oil & gas industry, Horizontal Centrifugal Pumps market to expand 104% between 2024 and 2034.