The study analyses the current and future trends in the World centrifugal pumps market. With a number of end-user markets affected due to recession, this study determines the impact of recession on this market. Analysis by each type of centrifugal pumps have been discussed and analysed. In addition, product trends across various end-user sectors are also included as a part of this research. Market drivers and restraints along with the industry challenges have been mentioned and their impact on a time scale is discussed. A comprehensive analysis of the market share for each region has also been mentioned. The research also highlights the trend across different regions worldwide.