Press release
Heavy-Duty Pumps Market Share, Trends and Leading Players By 2025: Flowserve, Grundfos, KSB, Sulzer, ALFA LAVAL, EBARA, Gardner Denver, Metso, The Weir Group
One of the primary drivers for this market is the rapid expansion of crude oil pipelines in several regions across the globe. Pump stations are used for oil pumping operations, through pipelines, from one point to the other. These stations consist of components such as an electrical substation with electric motors facilitated by connecting pipes and valves and electrical equipment storage room. Also, pipelines are the safest and the most efficient mode to transport petroleum products. They can cover long distances on land, underground, or undersea. This mode is much safer and does not attract any environmental concerns. Also, it has been observed that the transportation of petroleum products through trucks and railcars significantly increases the number of vehicles on roads and air pollution. To curtail this rise in air pollution, crude oil pipelines are extremely helpful. This advantage coupled with the rise in the increasing consumption of crude oil is expected to propel the growth of the global heavy-duty pumps market during the forecast period.
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One of the latest trends gaining traction in this market is the growth in the adoption of smart pumps. The next-generation automation will facilitate each component of a pumping system to have an internet protocol (IP) address. Also, this will enable effective communication via embedded intelligence. All the components, including the pump, pipes, control valves, the control system, and other instruments is able to interact in the real-time, enabling overall optimized productivity. These enhancements in technology are expected to fuel the growth of the global heavy-duty pumps market in the coming years.
The global Heavy-Duty Pumps market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Heavy-Duty Pumps volume and value at global level, regional level and company level. From a global perspective, this report represents overall Heavy-Duty Pumps market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Flowserve
Grundfos
KSB
Sulzer
ALFA LAVAL
EBARA
Gardner Denver
Metso
The Weir Group
Heavy-Duty Pumps Market Segment by Regions
North America
Europe
China
Japan
Heavy-Duty Pumps Market Segment by Type
Centrifugal
Positive-Displacement
Heavy-Duty Pumps Market Segment by Application
Processing Industry
Oil and Gas Industry
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