Market Growth : Positive Displacement Pumps Market Globally Grow at a CAGR of 7.51% by Revenue During the Period 2018-2021

Albany, NY, 10th May : Recent research and the current scenario as well as future market potential of "Global Positive Displacement Pumps Market 2017-2021" globally.

Positive displacement pumps are used for applications, such as for pumping viscous liquids or liquids that contain suspended or fragile solids.

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These pumps are characteristically not capable of such a high flow rate as in case of the centrifugal pump, but they have the capability to produce high pressure. Few positive displacement pumps use an expanding cavity on the suction side and a decreasing cavity on the discharge side. Fluid flows into the pump as the cavity on the suction side enlarges, and the liquid flows out of the release as the cavity collapses. The volume remains constant through each cycle of the pump operation.

Technavios analysts forecast the global positive displacement pumps market to grow at a CAGR of 7.51% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global positive displacement pumps market for 2017-2021. To calculate the market size, the report considers the new installations, sales, and the maintenance and replacement services market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Positive Displacement Pumps Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Flowserve
Grundfos
ITT Goulds Pumps
KSB
Sulzer

Other prominent vendors
Schlumberger
IDEX
Colfax
HERMETIC-Pumpen
Verder

Market driver
Increasing awareness about positive displacement pumps
For a full, detailed list, view our report

Market challenge
Highly competitive market
For a full, detailed list, view our report

Market trend
Increased emphasis for condition monitoring of pumps
For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-positive-displacement-pumps-market-2017-2021-report.html

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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