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.
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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.
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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!
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