Africa Centrifugal Pump Market Size to Reach USD 903.1 Million by 2030 | MarketsandMarkets. Page 1

DELRAY BEACH, Florida., September 16, 2024 /PRNewswire/ — The global African Centrifugal Pump Market growing at a CAGR of 5.5% and is expected to $903.1 million by 2030, an increase compared to $653.8 million by 2024. The key driver of this robust growth is the growing demand for superior centrifugal pumps, especially in light of the region’s expanding agricultural sector. Another key factor driving the growth of the African centrifugal pump market is the increasing preference for solar water pumps, which utilize centrifugal pump technology. Due to their effectiveness and eco-friendliness, these solar-powered pumps are becoming increasingly popular, especially in isolated and off-grid areas with limited access to traditional energy sources. The growing uptake of solar water pumps is a testament to the region’s commitment to sustainable solutions and desire to harness renewable energy sources to address water management challenges. The transition to renewable energy solutions, coupled with the need for reliable water management systems in agriculture, is driving the growing demand for advanced centrifugal pumps in Africa.

View the extensive table of contents at “African Centrifugal Pump Market“

144 – Tables
56 – Figures
243 – Pages

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Electric by type of operation

From 2024 to 2030, the electric segment of the African centrifugal pump market is expected to grow the fastest. Electric centrifugal pumps are becoming increasingly popular in various applications due to their efficiency and reliability, which is driving their growth. These pumps are mainly used in artificial lift systems, which are used primarily in the oil and gas industry to move moderate to large volumes of fluids from boreholes. Electric centrifugal pumps have the significant advantage of not creating vapor voids (cavitation) in fluids. Cavitation can damage pumping systems and reduce their efficiency. This capability, combined with their consistent performance and ease of use, positions electric centrifugal pumps as a preferred choice in the market, especially in industrial and commercial environments where reliability is paramount.