|06-14-2018 04:36 PM CET - Industry, Real Estate & Construction||
Canned Motor Pumps Market Research: Nearly US$ 4,800 Mn worth of canned motor pumps are Estimated to be Sold Around the World by 2026-end
Press release from: Fact.MR
The rapidly expanding canned motor pumps market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as “Canned Motor Pumps Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global canned motor pumps industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.
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Nuclear power answers several stakes such as the essentiality to reduce CO2 emissions for preventing climate changes, the requirement to cater electricity demand, and the need to strengthen strategic independence. Emerging powers of the globe, India and China, have emphasized on the matter and have been engaging in programs associated with nuclear energy development. Nuclear energy is used widely in France for generation of electricity. The awareness is gradually spreading across other developed and developing countries as well. However, nuclear energy involves handling of radioactive substances, thereby creating demand for measures to protect surroundings through secure installations. In addition the conventional centrifugal pumps utilized in nuclear generation plant involve the risk of leakage. Canned motor pumps therefore are being deemed as worthy alternatives to these pumps. Canned motor pumps have huge potential for adoption, as emphasis on nuclear energy keeps surging across the globe.
APEJ to Lead Global Canned Motor Pumps Market during 2017-2026
Abundant availability of resources and manpower at low cost in Asia-Pacific excluding Japan has made the region most remunerative for the canned motor pumps market. Asian manufacturers are continuously focusing on product differentiation and selling their products at competitive prices. Moreover various international vendors are outsourcing their production of canned motor pumps to APEJ in a bid to leverage from the low-cost manufacturing facilities. In terms of revenues as well as volume sales, APEJ will lead the global canned motor pumps market during the forecast period, trailed by Europe and North America.
Small capacity canned motor pumps will continue to account for the largest revenue share of the market, with sales forecast to exceed 3,000 Mn units by 2026-end. Demand for medium and high capacity canned motor pumps will also remain significant over the forecast period.
Key Research Findings from Fact.MR’s Report
1- Canned motor pumps will continue to seek the largest end-use in the chemical industry, in terms of revenues, followed by waste & wastewater industry
2- Reverse circulation pumps will remain the most lucrative product in the global canned motor pumps market, succeeded by multistage pumps
View Report@ www.factmr.com/report/382/canned-motor-pumps-market
Table of Contents:
Global Economic Outlook
Global Market – Executive Summary
Global Market Overview
3.1.1. Global Market Taxonomy
3.1.2. Global Market Definition
3.2. Global Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Market Y-o-Y Growth
3.3. Global Market Dynamics
3.4. Supply Chain
3.5. Product Life Cycle
3.6. PESTLE Analysis
3.7. Cost Structure
3.8. Porter’s Five
3.9. Intensity Map
Global Market Analysis and Forecast 2012-2026
4.1. Global Market Size and Forecast By Product Type, 2012-2026
4.1.1. Standard Pumps Market Size and Forecast, 2012-2026
220.127.116.11. Revenue (US$ Mn) and Volume Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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