Oil & Gas Pumps Market to Witness Huge Growth by Key Players: Flowserve, Sulzer, KSB, Weir Group, Grundfos and Others.

ReportsnReports adds “Oil & Gas Pumps Market” to its store. The Report provides in-depth analysis of the Oil & Gas Pumps Market at global and key country level.

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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%.

#Key Players- Flowserve (US), Sulzer (Switzerland), KSB (Germany), Weir Group (UK), Grundfos (Denmark).

“The Midstream application segment is expected to be the fastest growing market from 2018 to 2023.”
The Midstream segment is estimated to be the fastest growing during the forecast period. North America is estimated to hold the largest market in the midstream segment, followed by Asia Pacific.

“Middle East & Africa: The fastest growing market for oil & gas pumps”
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 & gas sectors.

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Table of Contents:
1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Oil & Gas Pumps Market During the Forecast Period
4.2 Oil & Gas Pumps Market, By Country
4.3 North America Oil & Gas Pumps Market, By Application & Country
4.4 Oil & Gas Pumps Market, By Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Growth of Unconventional Resources in North America, South America, and Asia Pacific
5.3.2 Development of Gas Terminals
5.4 Restraints
5.4.1 Growth in Renewable Energy
5.4.2 Low Oil & Gas Prices
5.5 Opportunities
5.5.1 New Discoveries of Reserves in the African Region
5.6 Challenges
5.6.1 High Level of Competition
5.6.2 Managing Lead Time of Product
…..And More

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This release was published on openPR.