Africa Centrifugal Pump Market Size to Reach $903.1 million by 2030 | MarketsandMarkets™.

Sep 16, 2024, 05:00 ET

Share this article

DELRAY BEACH, Fla., Sept. 16, 2024 /PRNewswire/ -- The global Africa Centrifugal Pump Market is growing at a CAGR of 5.5% and is expected to reach USD 903.1 million by 2030, up from USD 653.8 million in 2024. The primary driver of this robust growth is the growing demand for superior centrifugal pumps, particularly in light of the region's expanding agricultural industry. Another important factor propelling the growth of the Africa Centrifugal Pump Market is the increasing preference for solar water pumps, which make use of centrifugal pump technology. Because of their effectiveness and environmental friendliness, these solar-powered pumps are becoming more and more popular, especially in isolated and off-grid areas with limited access to traditional power sources. The growing uptake of solar water pumps is a testament to the region's commitment to sustainable solutions and the desire to harness renewable energy sources to address water management challenges. The transition to renewable energy solutions, coupled with the need for dependable water management systems in agriculture, is driving the growing demand for advanced centrifugal pumps in Africa.

Browse in-depth TOC on "Africa Centrifugal Pump Market"

144 - Tables56 - Figures243 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=15052918

Electrical by operation type

From 2024 to 2030, the electrical segment of the Africa Centrifugal Pump Market is projected to grow at the fastest rate. Electrical centrifugal pumps are becoming increasingly popular in a variety of applications due to their efficiency and dependability, which is what is driving their growth. These pumps are mostly used in artificial lift systems, which are used in the oil and gas industry in particular, to move moderate to large volumes of fluids from wellbores. Electrical centrifugal pumps have the important benefit of not allowing vapor cavities (cavitation) to form in liquids. Cavitation can damage pumping systems and lower their efficiency. This capability, combined with their consistent performance and ease of operation, positions electrical centrifugal pumps as a preferred choice in the market, particularly in industrial and commercial settings where reliability is critical.

Single stage segment by stage type

The single-stage segment is anticipated to hold a dominant market share in Africa's centrifugal pump market because of its ease of use, affordability, and extensive application in a variety of industries. Single-stage pumps are perfect for applications requiring low to moderate pressure, such as irrigation, general industrial processes, and water supply. Their attractiveness is further increased by their simplicity in installation, upkeep, and effective functioning, particularly in areas with inadequate infrastructure and technical know-how. Furthermore, the growing need for wastewater and water management in African cities and rural areas supports single-stage centrifugal pumps' market dominance.

South Africa likely to emerge as the largest Africa Centrifugal Pump Market.

Over the course of the forecast period, South Africa is anticipated to hold the largest share of the Africa Centrifugal Pump Market. The nation's thriving mining, power, water and wastewater, oil and gas, and construction industries are the key drivers of this market's expansion. Wastewater treatment becomes an essential way to meet water needs in an area where freshwater resources are scarce, especially for non-potable uses. In these procedures, centrifugal pumps are crucial because they provide effective water distribution, treatment, and circulation. Centrifugal pumps are in high demand due to South Africa's growing emphasis on infrastructure and industrial development, which has helped the company maintain its dominant position in the continent's market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=15052918

Key Players

Grundfos Holding A/S (Denmark), Xylem Inc. (US), Sulzer (Switzerland), KSB (Germany), Wilo (Germany), Weir (UK), Ruhrpumpen Group (US), and EBARA Corporation (Japan) are the major companies in the Centrifugal Pump Market in Africa.

For more information, Inquire Now!

Related Reports:

Heat Pump Market

Centrifugal Pump Market

Metering Pumps Market

Get access to the latest updates on Africa Centrifugal Pump Companies and Africa Centrifugal Pump Industry Growth

About MarketsandMarkets™:

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress Ave.Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: [email protected]Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg

SOURCE MarketsandMarkets