The Pumps market latest Brief 2022 is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period till 2030. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position.
Pumps Market Overview
Pumps Market is anticipated to surpass over USD 61 Billion by the year 2027, with a CAGR of 5.70% during forecast period. Pumps are basically classified into two categories, namely, positive displacement and dynamic pumps. Positive displacement pumps are further classified intro two types, namely, reciprocating and rotary. Dynamic pumps are of two type, namely, centrifugal and special effect pumps. Centrifugal pumps are used to transport liquid with large volume and substantial pressure head and are largely utilized for water, wastewater, and industrial liquid transportation in the power, steel, and domestic sectors.
Pumps market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.
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Globally Major key Players accelerates the Pumps Market are, Rundfos (Denmark), Sulzer (Switzerland), Flowserve (US), ITT Corporation (US), Danfoss (Denmark), Ingersoll-Rand (Ireland), The Weir Group (UK), Ebara Corp (Japan), KSB (Germany), Schlumberger (US), Nikkiso Co Ltd (Japan), Wilo AG (Germany), and Roper Industries (US)
Most important Segments of Pumps market covered in this report are,
By Type
By End-User
Pumps Industry Influence of the global market report:
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The global Pumps market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.
Pumps Market Regional Analysis
Asia Pacific accounts for the largest market for pumps.
Region wise, Asia Pacific held the largest market share of the global Pumps market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment infrastructure development. Moreover, the increased demand from the water and wastewater sector, moderate demand from constructions sector, rising urbanization, and supportive government plans are expected to drive the market for pumps in Asia Pacific region.
The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Pumps market by its type, end-user, and by region.
LIST OF TABLES/TABLE OF CONTENT
Table 2 Positive Displacement: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 3 Dynamic: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 4 Global Pumps Market, By Application, 2020-2027 (USD Million)
Table 5 Oil & Gas: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 6 Water And Wastewater: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 7 Power Generation: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 8 Chemicals: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 9 Pharmaceuticals: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 10 Food & Beverage: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 11 Others: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 12 Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 13 North America Pumps Market, By Type, 2020-2027 (USD Million)
Table 14 North America Pumps Market, By Application, 2020-2027 (USD Million)
Table 15 North America Pumps Market, By Country, 2020-2027 (USD Million)
Table 16 US: Global Pumps Market, By Type, 2020-2027 (USD Million)
…Continue.
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