The global Vertical Turbine Pumps market was valued at 287.83 Million USD in 2021 and will grow with a CAGR of 5.45% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.There are mainly 3 types of vertical turbine pumps: Ductile Iron Pumps, Stainless Steel Pumps and other Pumps. Ductile Iron Pumps accounted the largest proportion, whose revenue share in 2019 was 59.87%. Geographically, Americas held the largest share in the global vertical turbine pumps market. Its consumption value of total market exceeds 42% in 2019. The leading players mainly are Grundfos, Flowserve, Gorman Rupp (National Pump), Sulzer, Pentair Aurora Pump, Ruhrpumpen, Xylem, KBL, Aoli Machinery, Ruthman, Simflo Pump, Hydroflo Pumps and etc. Grundfos is the largest player, whose revenue of global market exceeds 15% in 2019.

By Market Verdors:

Grundfos

Flowserve

Gorman Rupp (National Pump)

Sulzer

Pentair Aurora Pump

Ruhrpumpen

Xylem

KBL

Aoli Machinery

Ruthman

Simflo Pump

Hydroflo Pumps

By Types:

Ductile Iron Pump

Stainless Steel Pump

By Applications:

Municipal

Firefighting

Agriculture

Industrial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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