The global vertical immersion pumps market is projected to grow with a year-on-year growth of 3.7% in 2022, reaching US$ 3,613.8 Mn by the end of 2022. Growth is primarily attributed to advent of automation industry-wide and adoption of IoT devices. Overall sales in the market are anticipated to increase at a CAGR of 4.9% between 2022 and 2032.
In 2022, the U.S. vertical immersion pumps market is expected to register 4.4% year-on-year growth, in terms of volume, in North America 2022. The U.S. market is projected to witness steady growth on the back of development of new and innovative products. Accoridng to FMI, sales in the the U.S. are projected to surpass US$ 888.5 Mn by the end of 2032.
It is especially suitable for pumping and circulating aggressive and abrasive media. Vertical immersion pumps is a type of centrifugal pumps which is vertically immersed for the handling of water and other thin liquids. Vertical immersion pumps are also known as vertical column and shaft pumps.
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Vertical immersion pumps are a versatile type of transfer pump that can cover a wide range of flow rates and heads. They are primarily used when the flow rate exceeds the capabilities of a jet pump and when continuous running or special immersion lengths are required.
Vertical immersion pumps have several advantages, including space savings due to direct installation, suction pipe savings, energy efficiency, and others. Vertical immersion pumps are commonly used in agricultural irrigation and come in a variety of sizes, materials, and hydraulic combinations.
Vertical Immersion Pumps Market: Market Participants
Some of the Key players involved in the manufacturing of vertical immersion pumps are –
- Brinkmann Pumps
- KSB Pumps
- Gusher Pumps
- ITT Inc
- AxFlow Holding AB
- Lutz-JESCO GmbH
- RENNER GmbH, and others.
The research report presents a comprehensive assessment of the Vertical Immersion Pumps market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Vertical Immersion Pumps market segments such as component, type, application, end-user and region, etc.
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Vertical Immersion Pumps Market: Segmentation
Globally, vertical impression pump market can be segmented on the basis of material, and application
Based on the material, vertical immersion pumps market can be segmented into,
- PP (GFR)
- Cast iron
- Ductile cast iron
Based on the application, vertical immersion pumps market can be segmented into,
- Potable water supply
- Plant make-up water
- Water cooling
- Geothermal well