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Regenerative Turbine Pump Market Trends

Report ID: GMI3621
Published Date: Jul 2023
Report Format: PDF

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Regenerative Turbine Pump Market Trends

Growing preference for compact and space-saving designs coupled with focus on product customization will encourage unit deployment. Rising demand for retrofit and replacement solutions driven by technological advancements including IoT (internet of things) and remote monitoring systems are gaining traction which will further accelerate product adoption. Increasing consumer inclination toward sustainability along with rising investments toward the development of chemical plants will propel the business outlook.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of regenerative turbine pump was reached USD 235.5 million in 2023 and is estimated to surpass USD 435.6 million by 2032, owing to growing investments in wastewater treatment facilities.

The single stage regenerative turbine pump segment accounted for over 80% share in 2022, backed by the growing application in industrial heating systems with ability to handle high temperatures and deliver precise water flow at elevated pressures.

Asia Pacific market was valued at USD 99.8 million in 2022. Increasing infrastructural development coupled with focus on local manufacturing to cater to the growing demand of these units will fuel regional market growth.

TEIKOKU ELECTRIC MFG. CO., MTH Pumps, Pentair, SPECK Pumpen Verkaufsgesellschaft GmbH, PSG, Roth Pump Co., Xylem, Corken - Advanced Flow Solutions, Nikuni Corpration, Magnatex Pumps, ITT INC., Sterling Pumps, Crane Pumps & Systems, Iwaki America and Viking Pump.