Global Vertical Turbine Pumps Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Stage;

Single Stage Vertical Turbine Pumps and Multi-Stage Vertical Turbine Pumps.

By End Use;

Agriculture & Irrigation, Power Generation, Oil & Gas, Municipal, and General Industry.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn495481024 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Vertical Turbine Pumps Market (USD Million), 2021 - 2031

In the year 2024, the Global Vertical Turbine Pumps Market was valued at USD 378.42 million. The size of this market is expected to increase to USD 554.14 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global vertical turbine pumps market is a vital segment within the broader industrial pump industry, experiencing steady growth and significant technological advancements. Vertical turbine pumps are widely used across various industries such as water and wastewater, agriculture, oil and gas, power generation, and municipal applications. These pumps are known for their efficiency, reliability, and versatility, making them indispensable for pumping fluids from deep wells or reservoirs. As industries worldwide continue to expand and modernize, the demand for vertical turbine pumps is expected to rise, driven by the need for efficient fluid handling solutions to support critical processes.

In recent years, the global vertical turbine pumps market has witnessed notable innovations and developments aimed at improving pump performance, energy efficiency, and durability. Manufacturers are increasingly focusing on incorporating advanced materials, such as stainless steel and composite materials, to enhance pump longevity and resistance to corrosion. Moreover, technological advancements, including variable frequency drives and smart pump monitoring systems, are enabling better control and optimization of pump operations, further driving the market growth.

Geographically, the global vertical turbine pumps market spans across various regions, with Asia Pacific emerging as a key growth driver. Rapid industrialization, urbanization, and infrastructure development initiatives in countries like China and India are fueling the demand for vertical turbine pumps in sectors such as water supply, agriculture, and construction. Additionally, North America and Europe remain significant markets due to ongoing investments in water infrastructure upgrades, energy production, and agricultural modernization projects. As the demand for reliable fluid handling solutions continues to rise globally, the vertical turbine pumps market is poised for sustained growth and innovation to meet the evolving needs of diverse industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Stage
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Global Vertical Turbine Pumps Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Vertical Turbine Pumps Market, By Stage, 2021 - 2031 (USD Million)
      1. Single Stage Vertical Turbine Pumps
      2. Multi-Stage Vertical Turbine Pumps
    2. Global Vertical Turbine Pumps Market, By End Use, 2021 - 2031 (USD Million)
      1. Agriculture & Irrigation
      2. Power Generation
      3. Oil & Gas
      4. Municipal
      5. General Industry
    3. Global Vertical Turbine Pumps Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. National Pump Company.
      2. Grundfos Pumps Corporation
      3. Pentair Aurora Pump
      4. Simflo Pump
      5. Process Systems
      6. Neptuno Pumps Ltda
      7. Sintech Precision Products Ltd.
      8. Xylem
      9. Flowserve
      10. Ruhrpumpen
      11. Kirloskar Brothers Limited
      12. ITT INC.
  7. Analyst Views
  8. Future Outlook of the Market