Market Share of Multi-Stage Centrifugal Pumps Industry
The multi-stage centrifugal pumps market is witnessing a rise in competitiveness among companies. The market consists of various major players, such as Kirloskar Brothers Limited and The Weir Group PLC. In terms of market share, these significant players currently dominate the market. However, with increasing technology innovations, many companies are increasing their market presence by securing new contracts and tapping new markets.
- March 2022 - Atlas Copco announced a plan to buy LEWA GmbH and subsidiaries and Geveke B.V. and subsidiaries for a combined enterprise value of EUR 670 million. The acquisition is expected to be completed during the second quarter of 2022. The main part of the acquired businesses will have its base in the Power and Flow division within Atlas Copco's Power Technique Business Area, and a smaller part will have its base in the Service division within the Compressor Technique Business Area.
- June 2021 - Kirloskar Brothers Limited announced the launch of a new manufacturing division -Advanced Technology Product Division for nuclear end use applications including specialized pumps.
Multi-Stage Centrifugal Pumps Market Leaders
Kirloskar Brothers Limited
Circor International Inc.
The Weir Group
Baker Hughes Company
Ebara Corporation
*Disclaimer: Major Players sorted in no particular order
