The European market for centrifugal pumps, close coupled, single-stage with a single entry impeller, and a discharge outlet diameter over 15 mm, is led by Germany, with a value of 198.33 million euros in 2024, followed by Italy and France. Germany showed a 3.51% increase in 2023, supporting its dominant position. Denmark and Serbia displayed significant percentage growths amidst smaller market values. However, the United Kingdom experienced a sharp decline of 10.92%.
Looking ahead, innovation in energy-efficient pump technologies could drive demand. Sustainability initiatives and infrastructure investments across Europe are likely to influence market growth. Monitoring geopolitical shifts will also be essential for future forecasting.
Top countries in Sold Production of Centrifugal Pumps with a Discharge Outlet Diameter More than 15 mm, Single-Stage with a Single Entry Impeller, Close Coupled by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 198,330,000 | 2023 | +2.65% | +3.51% | View data |
| 2 | 2 Italy | 96,268,000 | 2023 | +10.58% | +1.61% | View data |
| 3 | 3 France | 46,310,000 | 2023 | -2.6% | +3.4% | View data |
| 4 | 4 Hungary | 27,059,000 | 2023 | +0.2% | -0.94% | View data |
| 5 | 5 Spain | 21,148,000 | 2023 | +5.18% | -0.76% | View data |
| 6 | 6 United Kingdom | 18,662,000 | 2023 | -13.08% | -10.92% | View data |
| 7 | 7 Denmark | 3,891,400 | 2023 | +7.3% | +13.11% | View data |
| 8 | 8 Serbia | 181,040 | 2023 | +3.77% | +14.95% | View data |