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Mechanical Pump Market Will Generate New Growth Opportunities in Upcoming Year
Mechanical Pump Market
Increasing Energy Demands to Provide Growth Opportunities for Mechanical Pump Market during 2021-2028
According to our new research study on "Mechanical Pump Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Stage, Type, Application, and Geography," the market is projected to reach US$ 72,732.2 million by 2028 from US$ 49,639.6 million in 2021; it is expected to grow at a CAGR of 5.6% from 2021 to 2028.
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The mechanical pump market is segmented on the basis of stage, type, and application. Based on stage, the market is bifurcated into single stage and multi stage. Based on type, the market is bifurcated into displacement and centrifugal pumps. Based on application, the mechanical pump market is segmented into industrial, commercial, and residential. Based on geography, the global market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).
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The global Mechanical Pump Market has been segmented as follows:
Mechanical Pump Market - by Stage
• Single Stage
• Multi stage
Mechanical Pump Market - by Type
• Positive Displacement
• Centrifugal Pumps
Mechanical Pump Market - by Application
• Industrial
• Commercial
• Residential
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EBARA CORPORATION; Grundfos Holding A/S; KIRLOSKAR BROTHERS LIMITED; KSB SE and Co. KGaA; PLEUGER INDUSTRIES; Sulzer Ltd; The Weir Group PLC; Tsurumi Manufacturing Co., Ltd.; WILO SE; and Xylem Inc. are among the major companies operating in the mechanical pumps market.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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