Global Vertical Turbine Pump
Market Report
2025
The global vertical turbine pumps market size is USD 521.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.30% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global vertical turbine pumps market size is USD 521.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.30% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Vertical Turbine Pump Market Sales Revenue | $ 521.2 Million | 121212 | 121212 | 121212 | 2.3% |
North America Vertical Turbine Pump Market Sales Revenue | $ 208.48 Million | 121212 | 121212 | 121212 | 0.5% |
Europe Vertical Turbine Pump Market Sales Revenue | $ 156.36 Million | 121212 | 121212 | 121212 | 0.8% |
Asia Pacific Vertical Turbine Pump Market Sales Revenue | $ 119.88 Million | 121212 | 121212 | 121212 | 4.3% |
South America Vertical Turbine Pump Market Sales Revenue | $ 26.06 Million | 121212 | 121212 | 121212 | 1.7% |
Middle East and Africa Vertical Turbine Pump Market Sales Revenue | $ 10.42 Million | 121212 | 121212 | 121212 | 2% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Stage |
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Market Split by Power Rating |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Vertical Turbine Pump Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The purpose of vertical turbine pumps is to transfer water from a reservoir or subterranean well. They are also referred to as line shaft turbine pumps or deep well turbine pumps. A vertical turbine pump's electric motor is situated above ground and is connected to the impellers at the bottom of the pump by a long vertical shaft.
Centrifugal pumps are categorised under the category of vertical turbine pumps. In vertical turbine pumps, a vertical shaft connects the motor, which is situated above ground, to the impellers at the bottom of the pump. Usually, an AC electric induction motor or a diesel engine powers these pumps. In situations when submersible pumps are not an option, vertical turbine pumps are typically employed.
Increasing technological advancements in vertical turbine pumps projected to drive the market growth. Various market players are using advanced technologies to grow in the industry which is anticipated to propel the market growth.
As the dependability, effectiveness, and adaptability vertical turbine pumps are becoming more in demand in the chemical and electricity generation sectors. These pumps are perfect for processes in both industries since they are well-suited for applications involving the transfer of liquids in vertical installations.
Vertical turbine pumps are frequently utilised in the chemical industry for a variety of fluid handling tasks, including the handling of high-temperature fluids and the transfer of corrosive compounds. Their construction enables effective performance in demanding chemical conditions. Vertical turbine pumps are essential to the power generation industry for tasks including condensate extraction, boiler feed water delivery, and cooling water circulation. The pumps are useful in power plant operations because they can handle big volumes of water at various heads.
The demand for efficient pumping systems for water supply and drainage is further fueled by the need for infrastructure to keep up with the rapid development of both urban and rural areas which is projected to drive the market growth during the forecast period. These pumps are essential to the construction industry because they feed water to high-rise structures' top stories. Constant technological innovation concentrates on increasing the dependability and effectiveness of pumps, drawing in clients looking for the best pumping solutions. Energy-efficient pumps are necessary due to environmental concerns, which coincide with the market's move towards sustainability. The market is expanding in part due to the need for regular maintenance in a variety of sectors and the replacement of older pumps.
The market for vertical turbine pumps is challenged by the presence of low-quality pumps since it may raise questions about overall dependability, efficiency, and performance. Problems for users could include more expensive maintenance, more frequent malfunctions, and possible safety risks which are anticipated to hamper the market expansion during the forecast period. This not only damages vertical turbine pumps reputation but also puts up a roadblock to their wider use. Maintaining the pump head on vertical turbine pumps is a challenging task. For maintenance, a lot of headroom is required. One of the challenges that vertical turbine pump producers worldwide confront is this.
Some industries were affected by the COVID-19 pandemic because of supply chain difficulties, workforce shortages, and lockdowns. The manufacturing, distribution, and installation of industrial machinery, such as vertical turbine pumps, may have been impacted by these variables.
Resuming building, infrastructure projects, and industrial operations would certainly have an impact on the post-pandemic recovery and growth of the vertical turbine pump industry. Depending on the particular industries involved and how each region responds to the pandemic, the impact's magnitude may differ.
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Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.
Top Companies Market Share in Vertical Turbine Pump Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The need for dependable pumping solutions grows as North America concentrates on modernising and developing its infrastructure, particularly in the areas of water supply and management. The predicted market domination of vertical turbine pumps in North America can be attributed to their increasing importance in fulfilling the demands of diverse projects.
In North America, the necessity for effective water management solutions such as the use of vertical turbine pumps is growing as the agricultural and industrial sectors expand. Because of their versatility in uses like water transfer, pressure boosting, and water delivery, vertical turbine pumps are essential to North America's continued growth.
The Asia Pacific region is witnessing as the demand for vertical turbine is affected by lower capital expenditures by industries as a result of economic downturns or uncertainties. Rapid technical breakthroughs, including the development of alternative pumping technologies, present challenges to the Asia Pacific vertical turbine pump market expansion. Projects pertaining to water supply, agriculture, and industry have a direct influence on the need for vertical turbine pumps. The Asia-Pacific region's fast industrialization, urbanisation, and infrastructural development have raised demand for effective fluid handling systems.
The current report Scope analyzes Vertical Turbine Pump Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global vertical turbine pumps market size was estimated at USD 521.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 208.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.5% from 2024 to 2031. In North America, the greater benefits that vertical turbine pumps provide over other pumps are contributing to their growing popularity worldwide. Because the impellers of vertical turbine pumps are already immersed in liquid, there are also less priming problems, which contribute to their increased popularity. the region's quickly growing population. In turn, this promotes the development of all industries at a robust rate, which is anticipated to result in a large future need for vertical turbine pumps. Furthermore, some of the top manufacturers are located in the areas which are projected to fuel the market growth.
According to Cognitive Market Research, with a market value of USD 521.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 0.8% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 156.36 million. Furthermore, in terms of placement and pump length, vertical turbine pumps offer exceptional versatility and adaptability. The market is expanding due to the vertical turbine pumps' greater benefits over their disadvantages. Future growth in this area is anticipated to be greater due to rising government spending on agriculture across the board. In addition, the market is anticipated to expand in the future at a respectable rate. The vertical turbine pumps have a relatively low replacement rate due to their longer lifespan. The global market for vertical turbine pumps is being driven by increased wastewater treatment plant demand as well as growing investments in infrastructure construction activities.
According to Cognitive Market Research, the global vertical turbine pumps market size was estimated at USD 521.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 119.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. Future demand for vertical farm turbine pumps is anticipated to be healthy due to the agriculture & irrigation end use segment's strong demand. Furthermore, because of the region's subsurface water extraction activities and agricultural demands, the global market for vertical turbine pumps will be crucial. Because of their effectiveness, dependability, and adaptability, vertical turbine pumps are becoming more and more in demand in the chemical and electricity generation sectors. These pumps are perfect for processes in both industries since they are well-suited for applications involving the transfer of liquids in vertical installations
According to Cognitive Market Research, the global vertical turbine pumps market size was estimated at USD 521.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 26.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031. Future demand for vertical farm turbine pumps is anticipated to be healthy due to the agriculture & irrigation end use segment's strong demand. Furthermore, because of the region's subsurface water extraction activities and agricultural demands, the global market for vertical turbine pumps will be crucial. These pumps are perfect for processes in both industries since they are well-suited for applications involving the transfer of liquids in vertical installations.
According to Cognitive Market Research, the global vertical turbine pumps market size was estimated at USD 521.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 10.42 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2024 to 2031. Vertical turbine pumps are frequently utilised in the chemical industry for a variety of fluid handling tasks, including the handling of high-temperature fluids and the transfer of corrosive compounds. Their construction enables effective performance in demanding chemical conditions. Vertical turbine pumps are essential to the power generation industry for tasks including condensate extraction, boiler feedwater delivery, and cooling water circulation. The pumps are useful in power plant operations because they can handle big volumes of water at various heads.
Global Vertical Turbine Pump Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Vertical Turbine Pump Industry growth. Vertical Turbine Pump market has been segmented with the help of its Type, Application Stage, and others. Vertical Turbine Pump market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, stainless steel pump held the major market share over the forecast period. The market for vertical turbine pumps is seeing a rise in the use of stainless steel due to its many benefits. Stainless steel is a favoured material for pump components because of its resistance to corrosion, durability, and ability to handle harsh environments. Stainless steel offers a dependable option in situations where corrosion is an issue, such as in the chemical industry or while pumping abrasive fluids. Because of its resistance to rust and corrosion, vertical turbine pumps last longer and require less maintenance and downtime.
Ductile iron pump is the fastest-growing category over the forecast period. Pumps are essential in a variety of fields, including transportation, manufacturing, and agriculture. In addition to the qualities of regular cast iron, ductile iron, an essential subset of cast iron, has good heat resistance, some corrosion resistance, good mechanical strength at high temperatures, and good impact resistance. In order to produce more high-quality pump parts, iron foundries frequently blend pump with ductile iron.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Vertical Turbine Pump Industry. Request a Free Sample PDF!
According to Cognitive Market Research, energy & power hold a prominent market share. Vertical turbine pumps are vital to the energy and power sector for tasks including cooling water circulation, condensate extraction, boiler feed water delivery, and other critical power generation activities. The increasing demand for energy worldwide has led to a heightened emphasis on enhancing the dependability and efficiency of power producing systems. Because vertical turbine pumps can manage high flow rates and deliver the required pressure for different stages in power plants, they are a good fit for these applications.
Agriculture & irrigation is the fastest-growing category over the forecast period. The main use for vertical turbine pumps is to move water from deep wells to the surface. Vertical turbine pumps are frequently used in irrigation applications to provide water to farmers. These pumps move water to residential taps, sprinkler systems, and treatment facilities. Furthermore, for irrigation purposes, these pumps are mainly utilised in bored wells for turf or agriculture. Pumps with vertical turbines are frequently found in irrigation wells and water delivery systems for towns that rely more on groundwater than surface water.
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According to Cognitive Market Research, multi-stage vertical turbine pumps hold a prominent market share due to the capacity to manage applications with many impellers and greater pressures effectively. In comparison to single-stage pumps, multi-stage pumps can produce more head or pressure because they have two or more impellers stacked in sequence. Pumps with the capacity to raise fluids to higher altitudes or overcome considerable resistance are frequently needed in industries including power generating, oil and gas production, irrigation, and water delivery. Such demanding applications are a good fit for multi-stage vertical pumps. Their adaptability in meeting certain performance needs is made possible by their modular design and capacity to add additional stages.
Single-stage vertical turbine pumps are the fastest-growing category over the forecast period. Single-stage vertical turbine submerged impellers in construction enable the pump to be started without priming. Large variations in the water level are not intended to impair the operation of VT pumps. For increased flow requirements, these pumps come with an axial flow or mixed flow impeller. It is possible to install these pumps in dry pit or wet applications.
According to Cognitive Market Research, high power (4000 Hp) and above hold a prominent market share. These powerful pumps are appropriate for demanding and large-scale fluid transfer applications because they can handle high flow rates and overcome high head heights. The need for pumps with more horsepower is projected to increase as infrastructure developments and industrial operations continue to grow. The tendency towards bigger and more potent vertical turbine pumps is a reflection of the changing needs of businesses that need reliable and effective large-scale fluid handling systems. These powerful pumps are appropriate for demanding and large-scale fluid transfer applications because they can handle high flow rates and overcome high head heights.
Medium power (1500 to 4000 Hp) is the fastest-growing category over the forecast period. More potent pumps are becoming more necessary for a variety of industrial applications. Higher horsepower pumps are frequently needed in industries including power production, mining, agriculture, and water management in order to handle larger fluid volumes and pump water over long distances. Pumps over 1000 HP can offer higher capacity and efficiency, which is beneficial for applications including industrial processes, municipal water supply, and large-scale irrigation.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Author's Say's, Between 2023 and 2030, The global vertical turbine pumps market will expand significantly by 2.30% CAGR between 2024 to 2031.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Ductile Iron Pump, Stainless Steel Pump, Bronze, Other Pump |
Application | Agriculture & Irrigation, Energy & Power, Mining, Municipal Water & Wastewater, Oil & Gas, General Industry, Others |
Stage | Single Stage Vertical Turbine Pumps, Multi-Stage Vertical Turbine Pumps |
Power Rating | Low Power (Up to 1500 Hp), Medium Power (1500 to 4000 Hp), High Power (4000 Hp and Above) |
List of Competitors | Xylem, Ruhrpumpen, SPP Pumps, SMI, Simflo Pumps, CRI Groups, Grundfos, Process Systems, Pentair Aurora Pump, Pomona, Hydroflo Pumps, Sulzer, Aoli Machinery |
This chapter will help you gain GLOBAL Market Analysis of Vertical Turbine Pump. Further deep in this chapter, you will be able to review Global Vertical Turbine Pump Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Vertical Turbine Pump. Further deep in this chapter, you will be able to review North America Vertical Turbine Pump Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Vertical Turbine Pump. Further deep in this chapter, you will be able to review Europe Vertical Turbine Pump Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Vertical Turbine Pump. Further deep in this chapter, you will be able to review Asia Pacific Vertical Turbine Pump Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Vertical Turbine Pump. Further deep in this chapter, you will be able to review South America Vertical Turbine Pump Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Vertical Turbine Pump. Further deep in this chapter, you will be able to review Middle East and Africa Vertical Turbine Pump Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Vertical Turbine Pump. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Stage Analysis 2021 - 2033
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Chapter 13 Market Split by Power Rating Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Vertical Turbine Pump market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Ductile Iron Pump have a significant impact on Vertical Turbine Pump market? |
What are the key factors affecting the Ductile Iron Pump and Stainless Steel Pump of Vertical Turbine Pump Market? |
What is the CAGR/Growth Rate of Agriculture & Irrigation during the forecast period? |
By type, which segment accounted for largest share of the global Vertical Turbine Pump Market? |
Which region is expected to dominate the global Vertical Turbine Pump Market within the forecast period? |
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