Pumps Market Size To Expand at a CAGR Of 4.70% During 2018 – 2023 By Key Players - Grundfos, Sulzer, Flowserve, ITT Corporation, Danfoss, Ingersoll-Rand, Ebara Corp, KSB, Schlumberger

Pump is a mechanical device which uses suction or pressure to move liquids, compressed gases, or transfer air intro inflatable objects such as tyres. 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. Positive displacement pumps are mainly used in the industrial sector where consistency of fluid flow matters more as compared to the volume handled during the transportation. Pumps majorly cater to end-users such as agriculture, water & Wastewater treatment plants, oil & gas, and other industrial sectors.

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Key Players

Grundfos (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)

Pumps Market - Segmentation

Global Pumps market has been segmented based on type, end-user, and region.

Based on type, the market is classified into positive displacement and dynamic pumps.

The global Pumps market is further segmented based on end-user, including oil & gas, water & wastewater, power generation, chemicals, pharmaceutical, food beverage, and others.

Based on region, the pumps market cover growth opportunities and latest trends across North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Regional Outlook

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.

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List Of Figures

Figure 1 Research Process Of MRFR

Figure 2 Top Down & Bottom Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Pumps Market Share, By Type, 2017 (%)

Figure 9 Global Pumps Market, By Type, 2016-2023 (USD Million)

Figure 10 Global Pumps Market Share, By End-User, 2017 (%)

Figure 11 Global Pumps Market, By End-User, 2016-2023 (USD Million)

Figure 12 Global Pumps Market Share, By Application, 2017 (%)

Figure 13 Global Pumps Market, By Application, 2016-2023 (USD Million)

Figure 14 Global Pumps Market Share (%), By Region, 2017

Figure 13 Global Pumps Market, By Region, 2016-2023 (USD Million)

Figure 14 North America Pumps Market Share (%), 2017

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