Market Research Report

Vietnam Centrifugal Pump Market Key Takeaways

• The Vietnam centrifugal pump market was valued at USD 130 million in 2025 and is projected to grow from USD 137 million in 2026 to USD 171 million by 2032.
• The industry is projected to witness steady growth at a CAGR of 3.77% during 2026–2032.
• Overhung pump remains the dominant pump type segment, accounting for 42.8% of the market in 2026.
• By end user, the Industrial segment leads the market with an estimated 38.6% share in 2026.
• The market is highly fragmented, with the top five companies collectively accounting for approximately 24% of the market share in 2026.

Vietnam Centrifugal Pump Market Size & Outlook

The Vietnam Centrifugal Pump market was valued at USD 130 million in 2025 and is projected to reach USD 137 million in 2026, before expanding to USD 171 million by 2032, registering a CAGR of 3.77% during the forecast period.

Growth is underpinned by rising demand for fluid handling equipment across industrial production, logistics infrastructure, water utilities, and commercial facilities. Increasing investments in process optimization and operational reliability continue to strengthen the adoption of centrifugal pumping systems across diverse end-use industries.

Vietnam's expanding water and wastewater infrastructure is creating sustained demand for centrifugal pumping systems. According to the Ministry of Construction (MOC), Vietnam operated 83 urban wastewater treatment plants with a combined designed treatment capacity exceeding 2 million m³/day as of the end of 2024. The growing scale of municipal wastewater treatment facilities is increasing the deployment of municipal centrifugal pumps for influent transfer, sludge handling, and water distribution, while creating long-term opportunities for manufacturers supplying reliable wastewater pumping solutions across urban utility networks.

The market is also benefiting from continued investment in irrigation infrastructure. According to the Ministry of Agriculture and Environment, the Ia Mor Irrigation Project, with an investment exceeding USD 117 million, is being expanded to irrigate more than 17,700 hectares of agricultural land, while additional reservoir and canal projects are progressing nationwide during 2025. These developments are expected to strengthen demand for irrigation pump systems used in large-scale agricultural water distribution networks.

Looking ahead, the market outlook remains positive as Vietnam continues strengthening industrial competitiveness and infrastructure resilience. Growing investments in logistics hubs, industrial estates, environmental engineering, and public utilities are expected to diversify pump demand beyond traditional applications. In addition, manufacturers are expanding localized service networks and aftermarket capabilities to improve customer support and lifecycle performance, positioning the centrifugal pump industry for sustainable growth through the forecast period.

Vietnam Centrifugal Pump Market Key Indicators

• According to the National Statistics Office of Vietnam (NSO), the Industrial Production Index (IIP) increased by 9.2% during the first six months of 2025, while the manufacturing and processing sector expanded by 11.1%. The strong expansion of Vietnam's industrial base accelerates investments in factory utilities, cooling systems, process water circulation, and industrial fluid handling infrastructure, creating sustained demand for centrifugal pumps across manufacturing facilities.
• According to the National Statistics Office of Vietnam (NSO), water supply, waste management, and wastewater treatment activities increased by 11.3% during the first half of 2025. The continued expansion of municipal water distribution and wastewater treatment infrastructure increases procurement of centrifugal pumps for raw water intake, sewage transport, sludge handling, and treatment plant operations, supporting long-term equipment replacement and new installations.
• According to the Ministry of Industry and Trade (MOIT), Vietnam targets total electricity production and imports of 347.5 billion kWh in 2025, representing a 12.2% increase over 2024, while installed generation capacity is projected to reach approximately 82,097 MW. Expanding thermal, hydropower, renewable, and transmission infrastructure increases demand for centrifugal pumps used in cooling water circulation, boiler feed, condensate handling, and auxiliary plant systems.
• According to the National Statistics Office of Vietnam (NSO), construction activity expanded by 9.62% in 2025, representing one of the fastest-growing sectors of the economy. Rising commercial buildings, residential developments, industrial parks, and public infrastructure projects stimulate demand for centrifugal pumps across building water supply, HVAC circulation, pressure boosting, drainage, and fire protection systems.
• According to the National Statistics Office of Vietnam (NSO), aquaculture production reached approximately 6.12 million tonnes in 2025, recording a 5.1% year-on-year increase. The expansion of intensive aquaculture operations increases the requirement for centrifugal pumps in water circulation, aeration support systems, intake pumping, drainage, and pond water management, particularly across Vietnam's coastal aquaculture clusters.

Vietnam Centrifugal Pump Market Scope

Vietnam Centrifugal Pump Market Growth Driver

Wastewater Infrastructure Modernization Fuels Pump Demand

Vietnam is accelerating investments in urban water infrastructure to address rising wastewater generation and strengthen environmental compliance across rapidly expanding cities. According to the National Statistics Office (NSO), 92% of operational industrial and export processing zones had centralized wastewater treatment systems meeting environmental standards in 2023, reflecting continued regulatory enforcement and infrastructure upgrades that extend into 2024–2025. The expansion of collection networks and treatment facilities increases demand for industrial pumping systems, particularly centrifugal pumps used for influent transfer, sludge circulation, and treated water distribution.

The government continues to prioritize wastewater infrastructure as only around 16% of urban wastewater is collected and treated nationwide in 2024, highlighting a substantial capacity gap that necessitates new treatment plants, sewerage expansion, and pumping stations. Ongoing municipal investments in drainage modernization and wastewater collection create sustained procurement opportunities for municipal centrifugal pumps, while stricter environmental regulations further encourage utilities to deploy high-efficiency pumping equipment across water and wastewater applications.

Recent Trends

IoT-Enabled Solar Pump Adoption Emerges as a Key Market Trend

The adoption of smart irrigation pumps is accelerating across Vietnam as the agricultural sector increasingly embraces digital technologies to improve water-use efficiency and farm productivity. According to the Ministry of Agriculture and Environment, Vietnam's One Million Hectares of High-Quality, Low-Emission Rice program continues to promote precision agriculture and resource-efficient irrigation practices during 2024–2025. This transition is encouraging farmers to deploy IoT-enabled solar pumps equipped with remote monitoring and automated control systems, enabling optimized irrigation scheduling while reducing energy and operating costs.

The trend is further reinforced by continued innovation in solar pumping technologies. In 2024, ABB introduced its ACQ80 Solar Drive, a variable-speed drive engineered for solar-powered water pumping applications, featuring integrated Maximum Power Point Tracking (MPPT) and hybrid AC/DC operation to maximize pumping efficiency under varying solar conditions. Such technological advancements, combined with Vietnam's expanding digital agriculture initiatives, are accelerating the adoption of cloud-based monitoring, GSM-enabled communication, and predictive maintenance solutions, supporting the deployment of solar water pumping systems across irrigation and rural water supply applications.

Vietnam Centrifugal Pump Market Opportunities and Challenges

Efficiency Regulations Reshape Pump Technology Demand

Vietnam's tightening energy efficiency requirements are increasing compliance pressure on industrial operators that continue to rely on aging pumping equipment with low operational efficiency. According to the Ministry of Industry and Trade, Vietnam's National Energy Efficiency Program (VNEEP3) requires the country to achieve 8–10% savings in total national energy consumption by 2030, while energy-intensive industries remain a primary focus for efficiency improvements during 2024–2025. As centrifugal pumps account for a significant share of industrial motor-driven electricity consumption, manufacturers and utilities face rising capital expenditure to replace inefficient systems with compliant, high-efficiency alternatives. This transition poses a near-term challenge, particularly for small and medium-sized industrial facilities operating legacy pumping infrastructure.

At the same time, these regulations present a significant opportunity for manufacturers offering intelligent and energy-saving pumping technologies. Reflecting this trend, in 2024 Grundfos launched the TPE3 inline smart pump, integrating advanced connectivity, intelligent controls, and digital energy optimization to improve operational efficiency in commercial buildings and industrial applications. Such innovations position suppliers to capitalize on Vietnam's expanding energy-efficient centrifugal pump industry as industries increasingly invest in smart pumping systems that reduce electricity consumption, enable predictive maintenance, and support compliance with national energy-efficiency objectives.

Segmentation Insights

Overhung Pump Anchor Market Leadership

Overhung Pump dominate the Vietnam centrifugal pump market, accounting for 42.8% of total revenue in 2026. Their leadership is driven by widespread deployment across manufacturing plants, commercial buildings, and municipal utilities requiring reliable industrial centrifugal pumps for water circulation, cooling, and process applications. The growing construction of factories, office complexes, hospitals, and mixed-use developments continues to reinforce demand for these pumps due to their compact design, ease of maintenance, and cost-effective operation.

The segment also benefits from rising investments in energy-efficient HVAC infrastructure. According to the Ministry of Industry and Trade, Vietnam's building floor area expands by more than 40% annually, while buildings have an estimated energy-saving potential of 30–35%, accelerating the adoption of high-efficiency HVAC systems. Since overhung pumps are extensively used in chilled water circulation and HVAC distribution networks, manufacturers are introducing digitally enabled products to improve system efficiency, supporting wider adoption of HVAC pumping systems and energy-efficient fluid handling solutions across Vietnam's commercial and industrial buildings. By Pump Type, the industry is segmented into:

• Overhung Pumps
• Split Case Pumps
• Vertical Pumps
• Submersible Pumps

Industrial Expansion Sustains Market Leadership

Industrial is the leading end-user segment in the Vietnam centrifugal pump industry, accounting for 38.6% of total revenue in 2026. The segment's dominance is driven by strong demand from chemical processing, food and beverage, power generation, electronics, and heavy manufacturing industries, where continuous fluid movement is essential for production processes. The expansion of export-oriented manufacturing and industrial parks continues to increase the deployment of industrial pumping systems, while growing investments in production capacity strengthen demand for reliable process pumps across Vietnam.

The segment is further supported by Vietnam's expanding industrial infrastructure and technology upgrades. According to the Ministry of Planning and Investment (MPI), Vietnam attracted USD 25.35 billion in realized foreign direct investment (FDI) in 2024, the highest level on record, with the manufacturing and processing sector remaining the largest investment recipient. Capitalizing on this growth, Grundfos expanded its CR IE5 vertical multistage pump range in 2024, incorporating ultra-premium efficiency motors and intelligent controls to improve industrial energy performance. These developments continue to accelerate the adoption of industrial fluid handling solutions across Vietnam's manufacturing sector. Based on end-user industry is segmented into:

• Residential
• Commercial
• Industrial
• Manufacturing
• Agriculture & Irrigation
• Municipal

Vietnam Centrifugal Pump Market Competitive Analysis

The Vietnam centrifugal pump industry is highly fragmented, with the top five companies collectively accounting for approximately 24% of the market share in 2026. Key participants, including Grundfos Vietnam Co., Ltd., EBARA Vietnam Pump Company Limited, KSB Vietnam Co., Ltd., WILO SE, and Xylem Inc., compete through energy-efficient pump technologies, digital monitoring solutions, localized distribution networks, and comprehensive aftermarket services to strengthen their presence across industrial, municipal, commercial, and agricultural applications.

Leading Companies in the Vietnam Centrifugal Pump Industry

• EBARA Vietnam Pump Company Limited
• Grundfos Vietnam Co., Ltd.
• KSB Vietnam Co., Ltd.
• WILO SE
• Flowserve Corporation
• Intech Pumps Vietnam Company Limited
• Xylem Inc.
• Sulzer Ltd.
• Kirloskar Brothers Limited
• ITT Inc.

Vietnam Centrifugal Pumps Industry News and Recent Developments

March 2025: Grundfos Launches Next-Generation Intelligent Wastewater Pumps to Advance Digital Water Management

Grundfos Vietnam Co., Ltd. introduced the new SE/SL Range 48 and 52 wastewater pumps together with the Grundfos Connect Sewer Insights digital platform, integrating intelligent controls, predictive maintenance, and real-time condition monitoring for municipal and industrial wastewater applications. The launch enhances energy efficiency, improves operational reliability, and supports utilities in optimizing asset performance through data-driven pump management.

Impact Analysis: The launch is expected to accelerate the adoption of smart pumping systems across Vietnam's municipal water and industrial sectors, where utilities are increasingly prioritizing energy efficiency and predictive maintenance. The integration of digital monitoring and intelligent diagnostics is likely to reduce lifecycle costs, improve equipment uptime, and encourage the replacement of conventional centrifugal pumps with connected, high-efficiency solutions.