openPR Logo
Press release

Pumps Market 2024 : Technology Growing Rapidly Due to High Quality Standards and Effective Features By Flowserve Corporation,Ebara Corporation,The Weir Group PLC,KSB Pumps Ltd.,Wilo SE,Ruhrpumpen Group

07-08-2019 02:29 PM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

/ PR Agency: persistencemarketresearch.com
Pumps Market

Pumps Market

Pumps are mechanical devices used for the transportation of liquid from one place to another by creating a suitable pressure head. Based on their working operations, pumps are basically classified into two categories namely centrifugal pumps and positive displacement pumps. Centrifugal pumps are used generally 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, agriculture, and domestic sectors. Positive displacement pumps find their applications mainly in the industrial sector where consistency of fluid flow matters more as compared to the volume handled during the transportation. Global sales revenue from pumps deployment is estimated to account for US$ 34.39 Bn by the end of 2016 and is projected to reach a market value of US$ 49.40 Bn by 2024 end, registering a CAGR of 4.6% during the forecast period (2016–2024).

Market dynamics

The last decade has witnessed tremendous investment in infrastructure, sanitation, and water and wastewater management in the Middle East and Asian countries such as GCC countries, India, and China to support the growing rate of regional urbanization. The same trend is expected to continue over the forecast period, becoming a prime driver for sustained growth of the global pumps market, expectedly boosting demand for pumps across the globe. Increasing demand for electricity across the world is strengthening the global power sector; with pumps being an integral part of each power plant, development in the power sector is expected to contribute significantly to the growth of the global pumps market through 2024. However, low-priced offerings by Chinese pump manufacturers and low replacement rates due to durable life and energy efficient centrifugal pumps are factors that are likely to restrict the growth of the global pumps market over the forecast period.

Rising demand for energy efficient centrifugal pumps and the adoption of micro disc pumping and variable frequency drive technology for centrifugal pumps are some of the key trends observed in the global pumps market.

For more information ask for sample report @ https://www.persistencemarketresearch.com/samples/12001

Segment analysis

On the basis of product type, the Centrifugal Pumps market is segmented into Single-stage Pump, Multi-stage Pump, Axial & Mixed Flow Pump, Submersible Pump, and Sealless & Circular Pump. On the basis of product type, the Positive Displacement Pumps market is segmented into Reciprocating Pump and Rotary Pump. On capacity basis (HP), each pump segment type is further sub-segmented into Small Pump, Medium Pump, and High Pump. On the basis of application, the Centrifugal Pumps market is segmented into Agriculture & Irrigation, Domestic, Mining, Oil & Gas, Other Industrial, Wastewater Treatment (Effluent Treatment Plant, Sewage Treatment Plant), and Water Treatment (Industrial Process, Municipal & Commercial Facilities). On the basis of application, the Positive Displacement Pumps market is segmented into Chemical, Oil & Gas, Power, Pulp & Paper, Water & Wastewater Treatment, and Others.

The Centrifugal Pumps segment is estimated to account for the largest market value share of 90.9% by the end of 2016 while the Positive Displacement Pumps segment is expected to account for around 8.8% share in terms of revenue by 2024 end. The Water Treatment application segment is expected to dominate the Centrifugal Pumps market with 23% share in terms of revenue and is expected to maintain its dominance through the forecast period. The Oil & Gas application segment is expected to dominate the Positive Displacement Pumps market with 23.6% revenue share by the end of 2016 and is expected to maintain its dominance through 2024.

Regional Analysis

The global pumps market is segmented into the five key regions of North America, Latin America, Europe, APAC, and the Middle East & Africa (MEA). The APAC pumps market is estimated to be valued at US$ 13.25 Bn by the end of 2016 and is expected to increase to US$ 19.65 Bn by the end of 2024, registering a CAGR of 5.0% during the forecast period. Sales of pumps in MEA and Europe is estimated to collectively account for 7.2% share in 2016.

Key market players

KSB AG, Flowserve Corporation, Sulzer AG, Ebara Corporation, Grundfos, The Weir Group Plc., WILO SE, Xylem Inc., Ruhrpumpen Group, and Kirloskar Brothers Ltd. are some of the leading companies operating in the global pumps market. Top market companies are focusing on structured innovation and are expanding their production and research facilities to strengthen their presence in the global pumps market.

For more information ask an expert @ https://www.persistencemarketresearch.com/ask-an-expert/12001

Pumps Market : TOC

1. Executive Summary

2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy

3. Global Pumps Market Analysis Scenario
3.1. Pricing Analysis
3.1.1. Pricing Assumptions
3.1.2. Price Projections per Region
3.2. Market Size (US$ Mn) and Forecast
3.2.1. Market Size and Y-o-Y Growth
3.2.2. Absolute $ Opportunity
3.3. Market Overview
3.3.1. Value Chain
3.3.2. List of Active Participants
3.3.2.1. Manufacturers
3.3.2.2. Distributors / Retailers
3.3.2.3. MRO Service Providers

4. Market Dynamics
4.1. Drivers
4.1.1. Supply Side
4.1.2. Demand Side
4.2. Restraints
4.3. Opportunity
4.4. Forecast Factors – Relevance and Impact

5. Global Pumps Market Analysis and Forecast, by Type
5.1. Introduction
5.1.1. Basis Point Share (BPS) Analysis by Type
5.1.2. Y-o-Y Growth Projections by Type
5.2. Market Size (US$ Mn) and Volume (Units) Forecast by Type
5.2.1. Centrifugal Pump
5.2.1.1. Single Stage
5.2.1.2. Multi Stage
5.2.1.3. Axial & Mixed Flow
5.2.1.4. Submersible
5.2.1.5. Sealless & Circular
5.2.2. Positive Displacement Pump
5.2.2.1. Reciprocating (Piston, Diaphragm)
5.2.2.2. Rotary
5.3. Market Attractiveness Analysis by Type
5.4. Prominent Trends

6. Global Pumps Market Analysis and Forecast, by Application – Centrifugal Pump
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Application – Centrifugal Pump
6.1.2. Y-o-Y Growth Projections by Application – Centrifugal Pump
6.2. Market Size (US$ Mn) and Volume (Units) Forecast by Application – Centrifugal Pump
6.2.1. Domestic
6.2.2. Agriculture & Irrigation
6.2.3. Mining
6.2.4. Water Treatment
6.2.4.1. Industrial Process
6.2.4.2. Commercial (Municipalities & Commercial Facilities)
6.2.5. Wastewater Treatment
6.2.5.1. Effluent Treatment
6.2.5.2. Sewage Treatment
6.2.6. Oil & Gas
6.2.7. Other Industrial
6.3. Market Attractiveness Analysis by Application – Centrifugal Pump
6.4. Prominent Trends

7. Global Pumps Market Analysis and Forecast by Application – Positive Displacement Pump
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Application – Positive Displacement Pump
7.1.2. Y-o-Y Growth Projections by Application – Positive Displacement Pump
7.2. Market Size (US$ Mn) and Volume (Units) Forecast by Application – Positive Displacement Pump
7.2.1. Oil & Gas
7.2.2. Chemical Industries
7.2.3. Water and Waste Water
7.2.4. Pulp and Paper
7.2.5. Power Industries
7.2.6. Other Industrial
7.3. Market Attractiveness Analysis by Application – Positive Displacement Pump
7.4. Prominent Trends

8. Global Pumps Market Analysis and Forecast, by Region
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Region
8.1.2. Y-o-Y Growth Projections by Region
8.2. Market Size (US$ Mn) and Volume (Units) Forecast by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East and Africa (MEA)
8.3. Market Attractiveness Analysis by Region

Get Full Report @ https://www.persistencemarketresearch.com/checkout/12001

Contact us :

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: www.persistencemarketresearch.com

About us :

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pumps Market 2024 : Technology Growing Rapidly Due to High Quality Standards and Effective Features By Flowserve Corporation,Ebara Corporation,The Weir Group PLC,KSB Pumps Ltd.,Wilo SE,Ruhrpumpen Group here

News-ID: 1798957 • Views: 351

More Releases from persistencemarketresearch.com

Alcoholic Hepatitis Therapeutic Market Rugged Expansion Foreseen by 2017 to 2025
Alcoholic hepatitis is a kind of liver disease usually affects people who are used to be heavy drinkers. It can cause short and long-term liver damage. Liver is a major organ of body functions to remove poisons such as alcohol from blood. It’s damaged by long time heavy drinking of alcohol. Usually occur in 30% of long- time alcohol drinkers. Asymptomatic steatohepatitis is also as alcoholic hepatitis the term is
Advanced Meniscal Fixation Devices Market Continuing to Show Billion Dollar Grow …
Meniscal fixation is minimally invasive surgical procedure is used to reconstruct torn meniscus. Meniscus functions include distribution and load transmission, joint stability, neuromuscular proprioception and joint nutrition. Meniscal tears are symptomatic and irreparable and meniscal fixation devices are used to remove unstable fragments. Meniscal repair is performed only during longitudinal tears (>10 mm), tears without deformity or secondary degeneration, and others. Meniscal fixation devices are used arthroscopic repair or
Liniments Rubs Market segmentation by key players - Liniments & Rubs Market are …
Liniments are liquid dosage forms which are used relieve pain and stiffness during arthritis, sore muscular aches, and muscle strains. Liniments & rubs are well absorbed through the skin and have a high bioavailability. Liniment vehicles depend on the type of action (counterirritants, massage, and rubefacient) and solubility of desired compounds. They can be used as irritants, analgesics, anti-inflammatory, astringents, and fungicidal. Rubefacient liniments are used for vasodilation and hyperthermia
Ammonia Inhalants Market Analysis- Size, Share, overview, scope, Revenue, Gross …
Ammonia inhalants are respiratory stimulant because ammonia gas irritates the lungs and triggers an inhalation reflex. This reflex alters breathing patterns and results in improved flow rates of the respiratory system and possibly increase the alertness. Basically, it works by triggering reflexive action which causes the muscle that controls the breathing process to perform faster. Additional it acts as a sympathetic nervous system and enhances the activities of heart and brain.

All 5 Releases


More Releases for Pump

Global Electromagnetic Metering Pump Market
Electromagnetic pump series equipped with multi-voltage power source are used in diverse chemical feeding situations. Starting from ultra-compact high resolution basic pumps to pumps equipped with multifunctional digital controllers for water treatment, a wide array of models are available. Several variations, and rich line up of accessories most certainly meet the needs of our customers. The Electromagnetic Metering Pump market was valued at xx Million US$ in 2017 and is projected
Climaveneta Heat Pump for ReStart4Smart
Today, at 10:30 am at the Microsoft House in Milan, the press conference for the launch of “ReStart4Smart“: the project of the prototype home of the future designed by Sapienza University of Rome team will be held. The project will take part in the Solar Decathlon competition, the Olympic games for universities with Sustainable Architecture programs that will be held in 2018, in Dubai. There will be 21 universities from
Asia-Pacific Vertical Turbine Pump Market By Type - Ductile Iron Pump, Stainless …
Researchmoz added Most up-to-date research on "Asia-Pacific Vertical Turbine Pump Market By Type - Ductile Iron Pump, Stainless Steel Pump & Other Pump" to its huge collection of research reports. Vertical turbine pumps are Vertical Turbine Pump s specially designed to move water from an underground well or reservoir. Theyre also known a deep well turbine pumps or a line shaft turbine pumps. While submersible pumps have an electric motor located
Global Industrial Pump Rental Market 2017: Xylem, Holland Pump, Selwood, Global …
Global Industrial Pump Rental Market 2017-2022 QY Market Research include new Industrial Pump Rental market research report "2016-2022 Report on Global Industrial Pump Rental Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application" to its huge collection of research reports. This report on the global Industrial Pump Rental market is highly helpful because it covers all the aspects which are important in deciding the future of this industry. The
Global High Pressure Pump Market
High pressure pumps are widely used in automobile, textile, food and chemical industry. Rapid growth in these industries is projected to upsurge the demand of high pressure pumps in the near future. High pressure pumps are designed to withstand pressure greater than the normal pressure. The selection of the pump depends on the available space, type of liquid to be pumped and its volatility and the limit up-to which the
Global Centrifugal Pump & Positive Displacement Pump Market Research Report 2017
Summary This report studies Centrifugal Pump & Positive Displacement Pump in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=761349&ptitle=Global+Centrifugal+Pump+%26%23038%3B+Positive+Displacement+Pump+Market+Research+Report+2017&req=Sample Grundfos Flowserve ITT KSB Sulzer Ebara Schlumberger Weir Group Wilo AG Idex Pentair Clyde Union Vano Atlas Copco DAB FNS Pumps Allweiler Shanghai Kaiquan FengQiu Shandong Sure Boshan LEO CNP Sanlian Pump Hunan Changbeng Shanghai East Pump Shandong Shuanglun NETZSCH PROCON Blackmer Viking Pump Market Segment by Regions, this report splits Global into several key