Press release
Oil and Gas Pumps Market 2018-2023 Global Key Manufacturers Analysis by Flowserve, Sulzer, KSB, Weir Group, Grundfos etc.
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Oil & Gas Pumps Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The Global Pumps Market in Oil & Gas Pumps industry is projected to reach US$ 10.36 Billion by 2023 from an estimated US$ 8.47 Billion in 2018, at a CAGR of 4.12%. This growth can be attributed to the increasing unconventional resources in the North American, South American, and Asia Pacific regions and development of gas terminals.
Top Key Players in the “Oil & Gas Pumps Market” include are
• Flowserve (US)
• Sulzer (Switzerland)
• KSB (Germany)
• Weir Group (UK)
• Grundfos (Denmark)
The Middle East & Africa region is expected to be the third largest pumps market by 2023 and is projected to grow at the highest CAGR during the forecast period. The pumps market in the oil & gas industry in this region is mainly driven by the investments in the oil and gas sectors. The government of Saudi Arabia is taking initiatives to control the oil & gas sector of the country by identifying new oil fields, expanding existing fields, and enhancing production.
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The Study Objectives of this report are:
• To provide detailed information on the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze market opportunities for stakeholders and details of a competitive landscape for market leaders
• To track and analyze developments such as contracts & agreements, investments & expansions, new product developments, and mergers & acquisitions in the pumps market in oil & gas industry
• To forecast the growth of the pumps market in oil & gas industry with respect to the 5 regions (Asia Pacific, Europe, North America, South America, and Middle East & Africa)
• To profile and rank key players and comprehensively analyze their market shares
Research Coverage:
Oil & Gas Pumps report defines, describes, and forecasts the global pumps market in oil and gas industry, by type, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges.
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List of Tables
1 Oil & Gas Pumps Market Snapshot
2 Oil & Gas Pumps Market, By Type, 2016–2023 (USD Million)
3 Centrifugal Pump: Oil & Gas Pumps Market, By Region, 2016–2023 (USD Million)
4 Positive Displacement Pump: Oil & Gas Pumps Market, By Region, 2016–2023 (USD Million)
5 Positive Displacement Pump: Oil & Gas Pumps Market, By Type, 2016–2023 (USD Million)
6 Reciprocating Pump: Oil & Gas Pumps Market, By Type, 2016–2023 (USD Million)
7 Cryogenic Pump: Oil & Gas Pumps Market, By Type, 2016–2023 (USD Million)
8 Global Oil & Gas Pumps Market, By Application, 2016–2023 (USD Million)
9 Upstream: Oil & Gas Pumps Market, By Region, 2016–2023 (USD Million)
10 Upstream: Oil & Gas Pumps Market, By Application, 2016–2023 (USD Million)
…..and more
Target Audience:
• Investment banks
• Government and research organizations
• Pump manufacturers
• Raw material suppliers
• Exploration and production companies
• Rig manufacturers and suppliers
• National and international drilling associations
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