Report Description Table of Contents Introduction And Strategic Context The Global Vertical Turbine Pump Market is projected to expand steadily between 2024 and 2030, with an estimated value of USD 5.8 billion in 2024 , reaching around USD 8.7 billion by 2030 , growing at a CAGR of 6.9 % . Vertical turbine pumps (VTPs) are specialized centrifugal pumps designed for handling large volumes of water, typically from underground reservoirs, rivers, lakes, or wells. Unlike submersible pumps, VTPs keep the motor above ground while the pump bowl is submerged, making them highly efficient for continuous, high-capacity operations. Strategically, these pumps are at the core of critical infrastructure sectors — from municipal water supply and irrigation systems to industrial processing, fire protection, and power generation. Their relevance is increasing as global demand for reliable water transfer grows, particularly in urbanizing regions where groundwater and surface water management are under stress. Key macro forces driving this market include: Water Scarcity and Agricultural Needs : Expanding irrigation networks in Asia, Africa, and Latin America are heavily reliant on vertical turbine pumps to move water over long distances and varied terrains. Industrialization : Heavy industries, oil refineries, and power plants use VTPs for cooling systems, circulating water, and handling process fluids. Energy Efficiency Pressure : Utilities and industrial players are under pressure to adopt pumps with higher efficiency and lower lifecycle costs, leading to investments in advanced turbine pump designs. Climate Resilience : Governments are upgrading flood-control and drought-mitigation infrastructure, where VTPs often serve as the backbone for large pumping stations. The stakeholder ecosystem is broad. OEMs are focusing on pump design improvements such as variable frequency drive (VFD) integration. Municipal water authorities and agriculture ministries are scaling deployments for irrigation and drinking water distribution. Industrial operators in sectors like chemicals, oil & gas, and power are deploying high-performance turbine pumps for mission-critical applications. Finally, investors and EPC contractors see this market as a long-cycle infrastructure play, tied closely to urban growth and water security projects. In short, vertical turbine pumps are shifting from being commodity hardware to being strategic assets in water management and industrial continuity planning. Market Segmentation And Forecast Scope The vertical turbine pump (VTP) market can be segmented along four dimensions: pump type, application, end user, and region . Each dimension reflects how end markets prioritize capacity, efficiency, and reliability. By Pump Type Open Lineshaft Pumps These dominate in municipal water supply and irrigation where high volumes of clean water are required. Their ease of maintenance and adaptability to varying depths make them the most widely adopted type. Enclosed Lineshaft Pumps Used where lubrication control is critical — particularly in industrial and oil & gas environments. Although more expensive, they reduce wear and tear and support longer lifecycles. Submersible Motor Pumps A smaller but growing segment. Compact installations and reduced shaft vibration make them attractive in power generation and mining applications. As of 2024, open lineshaft pumps hold the largest share (around 52% of installations), but enclosed shaft models are gaining traction due to their lower lifecycle costs. By Application Municipal Water & Wastewater The largest application segment. Cities rely on VTPs for raw water intake, distribution, and treatment plant circulation. Agriculture & Irrigation Second-largest demand driver, especially in Asia-Pacific and Latin America. Pumps are integral to moving groundwater or river water across long irrigation networks. Power Generation Vertical turbine pumps are widely used in circulating water for cooling systems in thermal, nuclear, and combined-cycle power plants. Oil & Gas / Petrochemicals Deployed in refineries, LNG terminals, and chemical plants for handling hydrocarbons and process water. Other Industrial Uses Includes mining (dewatering), steel plants, and pulp & paper industries. Municipal water currently accounts for nearly 40% of market demand, but agriculture and power are set to outpace it in growth between 2024 and 2030. By End User Public Utilities and Water Authorities Primary buyers in urban water management projects. Agricultural Cooperatives and Irrigation Boards Key in emerging economies where water distribution projects are scaling. Industrial Operators Power plants, refineries, and heavy industries that demand high-volume, high-reliability water handling. Engineering, Procurement, and Construction (EPC) Contractors Often make purchase decisions for turnkey projects in infrastructure development. By Region North America – Mature market, with demand driven by upgrades in municipal water systems and power plant retrofits. Europe – Strong in industrial adoption, especially in chemicals and energy. Environmental regulations push for more efficient VTPs. Asia Pacific – Fastest-growing region, with heavy agricultural reliance and expanding urban water supply networks. Latin America – Rising adoption in irrigation and hydro projects, particularly in Brazil and Mexico. Middle East & Africa – Investments in desalination and irrigation are major demand drivers. Scope Note : This segmentation highlights how VTP demand is spread between long-cycle municipal investments and fast-scaling agricultural needs. The fastest growth is expected in Asia-Pacific agriculture and Middle East desalination , while municipal water utilities remain the stable backbone of global demand. Market Trends And Innovation Landscape The vertical turbine pump (VTP) industry is experiencing a shift from traditional heavy-duty designs to smarter, efficiency-driven systems. Several innovation trends are reshaping how these pumps are built, monitored, and deployed. 1. Digitalization and Smart Monitoring Pumps are no longer just mechanical workhorses. Utilities and industrial operators increasingly demand IoT-enabled VTPs with embedded sensors for vibration, flow, and temperature monitoring. Pairing these with predictive maintenance software helps prevent costly downtime in water utilities and refineries. One industry engineer noted that unplanned shutdowns in a refinery pump station can cost millions per day — so predictive monitoring is becoming a non-negotiable feature. 2. Efficiency Gains and Energy Optimization VTPs consume significant amounts of energy when running continuously. Manufacturers are now focusing on: Hydraulic redesigns of impellers and bowls to reduce frictional losses. Variable Frequency Drives (VFDs) that adjust pump speed to real-time demand. Material advances, such as composite bearings and wear-resistant coatings, to reduce drag and extend service life. Energy efficiency is not only a cost issue; it’s tied to climate policies and utility carbon reduction targets , especially in North America and Europe. 3. Materials and Durability Enhancements Harsh water environments (saline water, abrasive slurries) have pushed OEMs to expand use of: Duplex stainless steel and superalloys for seawater desalination pumps. Ceramic-coated shafts and bowl bearings for abrasive water sources in mining. Corrosion-resistant composites for brackish and wastewater treatment. These innovations extend pump lifecycles, especially in remote installations where downtime is difficult to manage. 4. Modular and Customized Designs Instead of one-size-fits-all models, VTP suppliers are offering modular configurations: Customizable bowl assemblies for varying flow conditions. Flexible shaft lengths for deep-well pumping in agriculture. Hybrid turbine-submersible designs for space-constrained power plants. This modularity lowers total project costs for EPC contractors, making it easier to scale across large irrigation networks or urban water systems. 5. Sustainability and Green Applications There’s growing use of VTPs in renewable energy projects such as pumped-storage hydropower and solar-powered irrigation systems. Some pilot projects pair VTPs with solar-driven VFDs to reduce operating costs in off-grid farming regions. 6. Collaboration and Ecosystem Development Partnerships between OEMs, EPCs, and digital solution providers are growing. For example: Pump manufacturers teaming up with software firms to offer digital twins of pump stations. Utilities co-developing custom VTP solutions for city-scale flood control projects. These collaborations reflect a move away from selling pumps as standalone equipment — they’re increasingly bundled with digital services and long-term maintenance contracts. Bottom line: Vertical turbine pumps are evolving into smart, efficient, and durable systems tailored to the world’s water challenges. The winners in this market will be the players that marry mechanical strength with digital intelligence. Competitive Intelligence And Benchmarking The vertical turbine pump space looks concentrated at the top yet competitive on delivery, lifecycle service, and digital add-ons. The leaders win projects by pairing hydraulic depth with uptime guarantees and fast commissioning. Pricing matters, but total cost of ownership decides repeat business. Xylem Global breadth and a strong utility footprint. Focus on energy efficiency and VFD-ready skids tailored for municipal intake, reuse, and flood control. Strong channel coverage in North America and Europe, expanding services in APAC. Strategy centers on outcome-based contracts (availability SLAs, remote monitoring) and standardized bowl/impeller kits to trim lead times. Flowserve Deep references in power, refining, and desalination. Competes on engineered-to-order capability and robust metallurgy for corrosive or high-temperature duties. Digital condition monitoring is packaged with long-term maintenance agreements, which resonates with EPCs seeking predictable OPEX. Well positioned for brownfield upgrades where footprint constraints are tight. KSB Recognized in Europe and the Middle East for high-efficiency pump trains and reliability in hot, sandy, or brackish environments. Differentiates through material options (abrasion and corrosion resistance) and modular shafts for deep-well applications. Leans on in-region service centers to shorten downtime during seasonal irrigation peaks. Sulzer Strong process know-how in water, chemicals, and power. Competes on hydraulics and retrofit programs that lift station efficiency without civil rework. Active in hybrid solutions that blend submersible and turbine benefits for constrained sites. Partnerships with automation vendors support plant-wide optimization, not just pump-level control. Ebara Broad portfolio and competitive price-performance in Asia. Focus on municipal and agricultural deployments where reliability and simple field maintenance rule. Scales quickly on large irrigation packages with standardized assemblies and localized manufacturing. Growing emphasis on lifecycle services to defend share against local challengers. Ruhrpumpen Niche strength in engineered vertical turbines for hydrocarbons, terminals, and fire protection systems. Wins specs with API familiarity and robust shaft/bearing designs for continuous operation. Agile on custom materials and tight delivery schedules—useful in turnaround windows. ANDRITZ Visible in very large stations—raw water intake, flood control, and pumped-storage auxiliaries. Competitive edge is high-capacity hydraulics and project execution for complex civil interfaces. Often bundled with SCADA integration and operator training to reduce ramp-up time. Benchmark takeaways: Portfolio breadth vs. depth: top players balance configurable “standard” bowls with true engineered options for extreme duty. Digital overlay: remote vibration/temperature analytics and performance dashboards are becoming a must-have in utility RFPs. Service proximity: in-region repair and rapid spares differentiate during peak seasons and outage windows. Desalination and reuse: experience with saline/brackish water and duplex/super duplex metallurgy often determines shortlist placement. Lead time: standardized modules and regional assembly hubs are cutting weeks from delivery—a decisive factor for drought-driven projects. Challenger cluster: regional manufacturers in India and China are improving fast on cost and acceptable quality, especially for agriculture and municipal transfer. They threaten on capex but still trail on metallurgy range, digital services, and global support. If leaders let service responsiveness slip, value players will keep chipping away at the base-load municipal business. Bottom line: winners pair efficient hydraulics with credible uptime. The market increasingly buys “flow plus assurance,” not just a pump. Regional Landscape And Adoption Outlook North America Municipal water and power markets keep North America steady. The United States leads with sustained spend on raw-water intake upgrades, distribution lift stations, and cooling-water circuits at gas and nuclear plants. Aged assets in the Midwest and Sun Belt are being replaced by high-efficiency vertical turbine pumps with VFDs to cut energy draw and throttle smoothly during peak demand. Canada mirrors this pattern in hydro-rich provinces where flood-control and intake structures rely on large bowl assemblies and corrosion-resistant metallurgy. Funding mechanisms—state revolving funds, utility rate cases, and federal infrastructure grants—support multi-year programs, which favors OEMs that can guarantee spares, local service, and uptime SLAs . Outlook: stable volumes, incremental efficiency retrofits, and moderate price discipline driven by lifecycle-cost tenders. Europe Environmental compliance and energy costs push European buyers toward premium hydraulics and advanced materials. Coastal nations (Spain, Italy, Greece) expand desalination and reuse capacity, specifying duplex and super duplex alloys. Northwest Europe invests in stormwater and flood-control stations , demanding high reliability, fast start-stop cycles, and integrated SCADA. Eastern Europe represents the catch-up wave: EU funds channel into water security, with EPCs favoring modular, quick-install vertical turbine trains to minimize civil rework. Service hubs in Germany, the Netherlands, and Poland are decisive in awards. Outlook: demand tilts to engineered-to-order packages with digital monitoring; higher average selling prices but longer approval cycles. Asia Pacific This is the growth engine. China adds municipal intake and irrigation lift capacity alongside industrial water for chemicals and power, with provincial programs preferring standardized bowl/impeller kits for speed. India’s irrigation and rural water schemes (plus city intake refurbishments) create large, multi-site orders where lead time and service proximity beat headline efficiency. Southeast Asia scales rice-belt irrigation and drainage projects; Australia invests counter-cyclically in drought resilience and managed aquifer recharge, both served well by deep-well vertical turbines . Local challengers in India and China compete aggressively on capex; global OEMs defend share through metallurgy range, documented efficiency curves, and predictive maintenance bundles. Outlook: highest regional CAGR through 2030, led by irrigation and city-scale intake, with increasing spec for VFDs and corrosion-resistant builds. Latin America Brazil anchors regional demand through sanitation expansion, river intake modernization, and hydro-adjacent pumping stations. Mexico’s agriculture corridors and mining districts rely on high-lift, abrasion-aware configurations; quick access to repair and shaft/bearing kits matters more than cutting-edge sensors. The Andean region shows spot demand for dewatering and process water in mining. Financing is the swing factor: MDB-backed projects emphasize lifecycle documentation, while municipal buys often favor proven designs with local assembly. Outlook: steady growth, with upside from irrigation modernization and flood-control upgrades in coastal cities. Middle East & Africa The Gulf states remain the world’s most specification-heavy buyers for seawater intake and brine handling ; duplex/super duplex and engineered shaft/bearing stacks are table stakes. Projects bundle turbines with filtration, anti-fouling, and remote analytics for desert environments. North Africa and parts of Sub-Saharan Africa present white space—river intakes and irrigation pivots need reliable, serviceable vertical turbines, yet budgets and power stability constrain choices. South Africa shows retrofit momentum in municipal water; East Africa’s corridor projects (irrigation and raw-water transfer) open room for standardized trains. Outlook: resilient demand in desalination hubs; gradual expansion in African irrigation where EPC partners can guarantee commissioning and training. What this means for 2024–2030 APAC drives volume; Europe and the Gulf drive spec complexity and pricing power. North America underpins global backlog with predictable retrofits and energy-efficiency mandates. White space lies in African irrigation and Latin American sanitation , where simplified, maintainable designs plus strong parts logistics will win. Across regions, award criteria are converging on three pillars: hydraulic efficiency , materials reliability , and service proximity . Vendors that prove total cost of ownership with real operating data will keep displacing lower-capex options. End-User Dynamics And Use Case Buying behavior in vertical turbine pumps is shaped by risk tolerance, duty cycles, and who owns the operating budget. The same pump technology looks very different when specified by a city utility versus an irrigation board. Knowing these nuances is how vendors win long-cycle relationships rather than one-off sales. Municipal and Regional Water Utilities These buyers prioritize reliability and lifecycle cost. Spec sheets emphasize certified efficiency curves, materials traceability, and uptime guarantees. Most procure through multi-year frameworks where service proximity , spare-part availability, and integration with existing SCADA matter as much as the pump itself. Energy is the hidden lever: every percentage point of efficiency pays back quickly in 24/7 intake and distribution duty. Irrigation Authorities and Agricultural Cooperatives Here, the mandate is simple: move a lot of water, on time, every season. Capital budgets are tight, so standardized bowl assemblies and rugged shafts beat exotic options. Quick field service during peak months is non-negotiable. Demand is surging for VFD-ready trains that match variable canal levels without cavitation. Total downtime tolerance is near zero during planting windows, which is why stocking wear parts locally wins awards. Power Generation Operators Thermal and nuclear facilities rely on vertical turbines for circulating and service water. Specifications lean toward engineered metallurgy, shaft stiffness, and vibration control, with strict trip thresholds tied to plant safety systems. Retrofit potential is strong as operators replace old fixed-speed units with high-efficiency hydraulics plus VFDs to shave parasitic load. Desalination and Industrial Water Owners Coastal plants and refineries buy for harsh media. Duplex or super duplex bowls, coated columns, and heavy-duty bearings are standard. Vendors that pair materials expertise with digital condition monitoring reduce unplanned outages caused by biofouling or saline abrasion. In these plants, corrosion is the enemy; documented metallurgy and proven seals close the deal. Mining, Metals, and Process Industries Use cases span dewatering, tailings return, and process water. Abrasion resistance and rapid parts turnaround dominate. Operators welcome modular trains that fit within legacy sumps and can be lifted for fast rebuilds during shut-downs. EPC Contractors and O&M Integrators They may not own the asset, but they influence specs and timelines. Their calculus weighs lead time, skid modularity, and commissioning risk. Packages that arrive pre-aligned with drives, controls, and test certifications lower site hours and change orders. Buying criteria in one line: utilities buy uptime, agriculture buys assured flow, industry buys survivability, and EPCs buy schedule certainty. Use Case Highlight A river-intake modernisation program in Western India faced erratic monsoon flows, sand-laden water, and rising electricity costs. The utility replaced aging units with vertical turbine pumps configured with hardened bowl bearings, slightly upsized impellers for headroom, and variable frequency drives tied into the plant SCADA. The supplier added vibration and temperature sensors on thrust bearings and columns, feeding a cloud dashboard with simple traffic-light alerts for the maintenance team. Results over the first irrigation season: energy consumption per megalitre dropped by about 12 percent, unplanned stoppages fell to near zero, and night-shift operators could ramp speed to handle sudden flow surges without cavitation. Training two in-house technicians on seal inspection and wear-ring checks cut mean time to repair by days. The lesson: modest hydraulic upgrades plus basic digital visibility changed the economics more than a full civil rebuild would have. What to watch next? Utilities standardizing on a single VTP platform across multiple stations to simplify spares and training, and irrigation boards pairing solar arrays with VFD-driven pumps for midday lift without grid stress. As budgets tighten, the winners will be solutions that stretch run hours, not just spec sheets that promise it. Recent Developments + Opportunities & Restraints Recent Developments (Last 2 Years) Flowserve introduced next-gen vertical turbine pumps with improved hydraulic efficiency for desalination and industrial water projects. Xylem expanded its energy-efficient pump portfolio to meet stricter environmental compliance across municipal water treatment. Ruhrpumpen announced a strategic partnership in the Middle East to deploy vertical turbine pumps in large-scale irrigation systems. Kirloskar Brothers Limited launched digital monitoring-enabled pumps integrating IoT for predictive maintenance in power plants. Grundfos expanded its manufacturing footprint in Asia-Pacific to cater to rising demand from industrial and agricultural sectors. Opportunities Water Scarcity & Infrastructure Investment : Governments worldwide are funding desalination, wastewater recycling, and irrigation projects where vertical turbine pumps play a critical role. Renewable Energy Integration : Adoption of solar-powered pumping systems in agriculture and remote industrial projects creates new market segments. Digitalization & Predictive Maintenance : IoT-enabled pumps and AI-driven monitoring are gaining traction, offering operational efficiency and lower lifecycle costs. Emerging Market Expansion : Rapid urbanization in Asia-Pacific, Middle East, and Africa presents high growth potential for municipal and industrial water applications. Restraints High Initial Capital Costs : Installation and customization of vertical turbine pumps can be prohibitively expensive for smaller utilities and agricultural users. Operational & Maintenance Challenges : Pump wear, vibration issues, and downtime increase lifecycle costs, especially in abrasive and corrosive water environments. Skilled Workforce Shortage : Many regions lack trained technicians to maintain advanced turbine systems, limiting adoption. 7.1. Report Coverage Table Report Attribute Details Forecast Period 2024 – 2030 Market Size Value in 2024 USD 5.8 Billion Revenue Forecast in 2030 USD 8.7 Billion Overall Growth Rate CAGR of 6.9% (2024 – 2030) Base Year for Estimation 2024 Historical Data 2019 – 2023 Unit USD Million, CAGR (2024 – 2030) Segmentation By Pump Type, By Application, By End User, By Region By Pump Type Open Lineshaft, Enclosed Lineshaft, Submersible Motor Pumps By Application Municipal Water & Wastewater, Agriculture & Irrigation, Power Generation, Oil & Gas/Petrochemicals, Other Industrial Uses By End User Public Utilities & Water Authorities, Agricultural Cooperatives & Irrigation Boards, Industrial Operators, EPC Contractors By Region North America, Europe, Asia-Pacific, Latin America, Middle East & Africa Country Scope U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, Mexico, GCC, South Africa Market Drivers - Rising water scarcity and irrigation demand - Desalination and wastewater reuse projects - Efficiency push via VFDs and digital monitoring Customization Option Available upon request Frequently Asked Question About This Report Q1: How big is the vertical turbine pump market? A1: The global vertical turbine pump market was valued at USD 5.8 billion in 2024 and is projected to reach USD 8.7 billion by 2030. Q2: What is the CAGR for the forecast period? A2: The vertical turbine pump market is expected to grow at a CAGR of 6.9% from 2024 to 2030. Q3: Who are the major players in this market? A3: Leading companies include Xylem, Flowserve, KSB, Sulzer, Ebara, Ruhrpumpen, and ANDRITZ. Q4: Which region dominates the market share? A4: Asia Pacific leads in growth due to rapid irrigation expansion and municipal water projects, while North America and Europe hold strong positions in retrofits and industrial use. Q5: What factors are driving this market? A5: Growth is driven by water scarcity, large-scale irrigation, desalination investments, and the adoption of energy-efficient, digitally monitored pumping systems. Executive Summary Market Overview Market Attractiveness by Pump Type, Application, End User, and Region Strategic Insights from Key Executives (CXO Perspective) Historical Market Size and Future Projections (2019–2030) Summary of Market Segmentation by Pump Type, Application, End User, and Region Market Share Analysis Leading Players by Revenue and Market Share Market Share Analysis by Pump Type, Application, and End User Investment Opportunities in the Global Vertical Turbine Pump Market Key Developments and Innovations Mergers, Acquisitions, and Strategic Partnerships High-Growth Segments for Investment Market Introduction Definition and Scope of the Study Market Structure and Key Findings Overview of Top Investment Pockets Research Methodology Research Process Overview Primary and Secondary Research Approaches Market Size Estimation and Forecasting Techniques Market Dynamics Key Market Drivers Challenges and Restraints Impacting Growth Emerging Opportunities for Stakeholders Impact of Regulatory, Environmental, and Infrastructure Factors Role of Energy Efficiency, VFD Adoption, and Digital Monitoring Global Vertical Turbine Pump Market Analysis Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Pump Type: Open Lineshaft Pumps Enclosed Lineshaft Pumps Submersible Motor Pumps Market Analysis by Application: Municipal Water and Wastewater Agriculture and Irrigation Power Generation Oil and Gas and Petrochemicals Other Industrial Uses Market Analysis by End User: Public Utilities and Water Authorities Agricultural Cooperatives and Irrigation Boards Industrial Operators Engineering, Procurement, and Construction (EPC) Contractors Market Analysis by Region: North America Europe Asia Pacific Latin America Middle East and Africa Regional Market Analysis North America Vertical Turbine Pump Market Analysis Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Pump Type, Application, and End User Country-Level Breakdown: United States, Canada, Mexico Europe Vertical Turbine Pump Market Analysis Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Pump Type, Application, and End User Country-Level Breakdown: Germany, United Kingdom, France, Italy, Spain, Rest of Europe Asia Pacific Vertical Turbine Pump Market Analysis Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Pump Type, Application, and End User Country-Level Breakdown: China, India, Japan, South Korea, Australia, Rest of Asia Pacific Latin America Vertical Turbine Pump Market Analysis Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Pump Type, Application, and End User Country-Level Breakdown: Brazil, Mexico, Rest of Latin America Middle East and Africa Vertical Turbine Pump Market Analysis Historical Market Size and Volume (2019–2023) Market Size and Volume Forecasts (2024–2030) Market Analysis by Pump Type, Application, and End User Country-Level Breakdown: GCC Countries, South Africa, Rest of Middle East and Africa Key Players and Competitive Analysis Xylem Flowserve KSB Sulzer Ebara Ruhrpumpen ANDRITZ Other Regional and Local Manufacturers Appendix Abbreviations and Terminologies Used in the Report References and Sources List of Tables Market Size by Pump Type, Application, End User, and Region (2024–2030) Regional Market Breakdown by Pump Type and Application (2024–2030) Country-Level Market Overview for Key Countries (2024–2030) List of Figures Market Dynamics: Drivers, Restraints, Opportunities, and Challenges Regional Market Snapshot for Key Regions Competitive Landscape and Market Share Analysis Growth Strategies Adopted by Key Players Market Share by Pump Type, Application, and Region (2024 vs. 2030)