Press release
Rotary Pumps Market 2018-2028: Estimated Dollar Opportunities and Segmented Growth Mapping | Key Players are Flowserve-Corporation, Pentair-Ltd., HMS-Group, etc.
The rotary pumps market report addresses the below-mentioned queries:
Why are vendors shifting away from traditional methods of manufacturing rotary pumps?
How does the global rotary pumps market looks like in the next five years?
Which end use industry is expected to surpass segment by the end of 2029?
What innovative products are being introduced by the players in the global rotary pumps market?
The Fact.MR research study assesses growth of the rotary pumps market for the forecast period 2018-2028. According to the report, the rotary pumps market is likely to grow at a healthy value CAGR of around 3.9% through 2028. The study uncovers the most important factors that may influence growth prospects of the rotary pumps market in short- and long-term. Key micro and macroeconomic parameters elucidated in the report include
Rapidly changing pumps industry will impel rotary pump manufacturers to introduce more innovative and smarter features of rotary pumps.
Evolving end-user behavior will demand online assistance and efficient aftermarket services. Customer inclination towards rotary pumps market players that offer 'one-stop source' of all the services will influence manufacturers' imperative strategies.
Incorporation of technologies will remain one the most important force to drive innovation in the rotary pumps market.
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The Fact.MR study finds that the sales of rotary pumps with smaller capacities account for around 40% revenue share in the rotary pumps market in 2018. Leading rotary pump manufacturers and suppliers are focusing on identifying the exact requirements of end-user applications of rotary pumps. The specific needs for the capacity of rotary pumps mainly depend on the viscosity of the fluid that needs to be pumped. As rotary pumps are commonly used in applications where highly viscous fluids need to be handled, the demand for rotary pumps with smaller capacities is likely to remain high.
The report predicts that demand for smaller rotary pumps will continue to increase at a significantly higher rate in the upcoming years. Thereby, leading manufacturers in the rotary pumps market are focusing on making rotary pumps with capacities of around 500 gpm (gallons per minute) commercially available to cater to the growing demand.
Ask Industry Professional about Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=2399
Rotary Vane Pumps - the Fastest Growing Segment of the Rotary Pumps Market
Despite a variety of rotary pumps being introduced by players in the rotary pumps market, including gear, screw, lobe, and piston rotary pumps, the popularity of rotary vane pumps is outpacing the other types. The Fact.MR study finds around 4% year-over-year increase in the sale of rotary vane pumps in 2018 over 2017, which is the highest growth rate if compared to all the other types of rotary pumps.
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About Fact.MR
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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