In 2023, Italy dominated the European sold production of centrifugal pumps with a discharge outlet diameter of more than 15 mm, single-stage with a single entry impeller, close coupled share, holding a substantial lead with 77.56 units. Germany and Hungary followed, with 11.75 and 11.09 units, respectively. Italy maintained growth with a 0.33% increase, while Germany saw a noteworthy 3.05% rise. Hungary experienced a decline of 5.96%. Spain and Denmark registered decrements, while France showed a significant drop with an 18.71% decrease. Serbia and Denmark managed slight positive shifts.
Future trends to watch include potential technological advancements that could increase efficiency and demand. The emphasis on sustainable and energy-efficient solutions might drive growth in countries already leading the production. Market consolidation and expansion strategies by key players, along with possible regulatory changes at the EU level regarding pump standards, could also influence the market's dynamics in the coming years.
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 Share by Country (Units (Items))
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 77.56 | 2023 | +11.81% | +0.33% | View data |
| 2 | 2 Germany | 11.75 | 2023 | +2.6% | +3.05% | View data |
| 3 | 3 Hungary | 11.09 | 2023 | -1.66% | -5.96% | View data |
| 4 | 4 Spain | 1.31 | 2023 | +2.23% | -2.44% | View data |
| 5 | 5 France | 0.13 | 2023 | -53.64% | -18.71% | View data |
| 6 | 6 Denmark | 0.13 | 2023 | +4.56% | +2.73% | View data |
| 7 | 7 Serbia | 0.009 | 2023 | -5.13% | +1.91% | View data |
