Global Vertical Turbine Pump Market Poised for Steady Growth Through 2031
Posted: 02 Dec 2025, 08:14
The global market for vertical turbine pumps is projected to register robust growth between 2023 and 2031, according to a new market analysis from Reed Intelligence.
Market Size & Forecast
Base Year: 2023
Forecast Period: 2023–2031
Forecast CAGR: 4.2%
Key Highlights
Largest Region: North America remains the largest regional market for vertical turbine pumps globally, supported by advanced water treatment infrastructure and high demand across municipal, industrial, and agricultural sectors.
Fastest-Growing Region: The Asia Pacific (APAC) region is anticipated to grow at the fastest pace over the forecast period, driven by rapid urbanization, growing demand for water supply and irrigation solutions, and rising industrialization.
Largest Market Segment (by Type): The “Ductile Iron Pump” segment leads in market share among pump types.
Market Segments (by Application): Among applications, the “Municipal” segment is a key contributor to market demand, reflecting widespread use in water supply and wastewater management.
Market Dynamics
The growth of the [url]vertical turbine pump market[https://reedintelligence.com/market-ana ... ump-market] is being driven by increasing demand from water treatment and irrigation industries, along with rising urbanization, growing water scarcity, and technological improvements in pump design and efficiency. These factors are fueling adoption across municipal water supply, industrial water systems, agriculture, and other key application areas.
However, the market faces restraints including economic uncertainties, regulatory hurdles, supply-chain disruptions, and competitive pressure. At the same time, these challenges open up opportunities: the development and deployment of energy-efficient pumps, and growing adoption in renewable energy applications, offer significant potential for expansion. By innovating to address these constraints, manufacturers have room to penetrate undeserved segments and new geographies, enhancing long-term growth prospects.
Top Market Players
Key companies operating in the global vertical turbine pump market include:
Grundfos
Gorman Rupp (National Pump)
Flowserve
Pentair Aurora Pump
Sulzer
Ruhrpumpen
Xylem
KBL
Aoli Machinery
Process Systems
Simflo Pump
SMI
Hydroflo Pumps
Market Segmentation
By Type
Ductile Iron Pump
Stainless Steel Pump
Other Pump
By Application
Municipal
Firefighting
Agriculture
Industrial
Other Applications
By Region
North America
Europe
Asia Pacific (APAC)
LAMEA (Latin America, Middle East & Africa)
About This Report
Global Vertical Turbine Pump Market Size, Share and Trends Analysis by Type, by Application, by Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023–2031” published by Reed Intelligence. The report offers detailed insights into market size and forecast, segment analysis, regional dynamics, competitive landscape, and key industry trends and opportunities.
Market Size & Forecast
Base Year: 2023
Forecast Period: 2023–2031
Forecast CAGR: 4.2%
Key Highlights
Largest Region: North America remains the largest regional market for vertical turbine pumps globally, supported by advanced water treatment infrastructure and high demand across municipal, industrial, and agricultural sectors.
Fastest-Growing Region: The Asia Pacific (APAC) region is anticipated to grow at the fastest pace over the forecast period, driven by rapid urbanization, growing demand for water supply and irrigation solutions, and rising industrialization.
Largest Market Segment (by Type): The “Ductile Iron Pump” segment leads in market share among pump types.
Market Segments (by Application): Among applications, the “Municipal” segment is a key contributor to market demand, reflecting widespread use in water supply and wastewater management.
Market Dynamics
The growth of the [url]vertical turbine pump market[https://reedintelligence.com/market-ana ... ump-market] is being driven by increasing demand from water treatment and irrigation industries, along with rising urbanization, growing water scarcity, and technological improvements in pump design and efficiency. These factors are fueling adoption across municipal water supply, industrial water systems, agriculture, and other key application areas.
However, the market faces restraints including economic uncertainties, regulatory hurdles, supply-chain disruptions, and competitive pressure. At the same time, these challenges open up opportunities: the development and deployment of energy-efficient pumps, and growing adoption in renewable energy applications, offer significant potential for expansion. By innovating to address these constraints, manufacturers have room to penetrate undeserved segments and new geographies, enhancing long-term growth prospects.
Top Market Players
Key companies operating in the global vertical turbine pump market include:
Grundfos
Gorman Rupp (National Pump)
Flowserve
Pentair Aurora Pump
Sulzer
Ruhrpumpen
Xylem
KBL
Aoli Machinery
Process Systems
Simflo Pump
SMI
Hydroflo Pumps
Market Segmentation
By Type
Ductile Iron Pump
Stainless Steel Pump
Other Pump
By Application
Municipal
Firefighting
Agriculture
Industrial
Other Applications
By Region
North America
Europe
Asia Pacific (APAC)
LAMEA (Latin America, Middle East & Africa)
About This Report
Global Vertical Turbine Pump Market Size, Share and Trends Analysis by Type, by Application, by Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023–2031” published by Reed Intelligence. The report offers detailed insights into market size and forecast, segment analysis, regional dynamics, competitive landscape, and key industry trends and opportunities.