In 2023, Germany dominated the European market for centrifugal pumps with a 61.54% share by value, albeit experiencing a slight decline of 0.44% compared to the previous year. Italy and France followed, holding 17.68% and 8.16% shares, respectively, with significant increases of 4.49% for Italy and 8.08% for France. Conversely, the UK experienced a contraction of 4.5% in its share. Spain, also witnessing a decline of 13.57%, maintained a 3.28% share. Meanwhile, smaller markets like Poland and Portugal saw modest growth.
Future trends to watch include the impact of technological advancements in pump efficiency and sustainability. As the EU continues to enforce stricter environmental regulations, demand may shift towards more energy-efficient and eco-friendly pump solutions. Moreover, digitalization and Industry 4.0 integration could prompt shifts in production processes and market shares among European countries, potentially leading to increased market dynamism and competition. Continued growth in the construction and industrial sectors in Europe is also likely to influence pump production positively.
Top countries in Sold Production of Centrifugal Pumps with a Discharge Outlet Diameter More than 15 mm, Single-Stage with a Single Entry Impeller, Long Coupled Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 61.54 | 2023 | +0.6% | -0.44% | View data |
| 2 | 2 Italy | 17.68 | 2023 | +2.82% | +4.49% | View data |
| 3 | 3 France | 8.16 | 2023 | -2.13% | +8.08% | View data |
| 4 | 4 United Kingdom | 7.54 | 2023 | -3.56% | -4.5% | View data |
| 5 | 5 Netherlands | 3.33 | 2023 | +0.35% | +0.35% | View data |
| 6 | 6 Spain | 3.28 | 2023 | +0.65% | -13.57% | View data |
| 7 | 7 Poland | 0.44 | 2023 | +0.91% | -0.69% | View data |
| 8 | 8 Portugal | 0.09 | 2023 | +5.02% | +2.74% | View data |
| 9 | 9 Denmark | 0.046 | 2021 | -43.74% | -6.7% | View data |
| 10 | 10 Romania | 0.019 | 2023 | -13.23% | -8.13% | View data |
