Global Pumps Market Analysis, Leading Players, Growth, Development and Demand Forecast to 2028

The latest study on 'Global Pump Market' discovers key information about variables that can drive or restrain the market's level of profitability throughout the projected timeline. Additionally, it examines past and present growth rates, sales margins, and total earnings generated during the study period. The research also plays a crucial role in accurately identifying impending issues and offering a comprehensive analysis of efficient solutions. Lastly, it oversees the latest developments in an intensely competitive market environment by offering a list of companies and regions that are responsible for yielding optimum results for the business landscape over the forecast duration.

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The industry growth is majorly driven by widespread usage of pumps in various end-user applications and growing public & private investment in the field of contemporary water infrastructure.

Notably, modern flood control systems are being built by nations in flood-prone areas, which is likely to increase demand for pumps, thereby impelling market expansion.

Furthermore, expanding use of pumps in industrial applications including chemical and pharmaceutical manufacturing, as well as burgeoning construction activities, and increasing industrialization in developing economies are expected to augment industry outlook in the coming years.

Global pumps market is anticipated to record a CAGR of 3.5% during 2022-2028. The report is then divided into three types, which are type terrain, installation type, and end-user ambit. It then talks about the major geographical areas of the industry along with their growth rate and revenue contribution. At last, it provides a list of the leading players in the industry as well as various strategies and recommendations to establish a solid presence in the business sphere.

Market segment overview:

Based on type terrain, global pumps market is divided into positive displacement pumps and centrifugal pumps. Among these, the centrifugal pump segment is gaining traction at present, and is slated to grow significantly over the analysis timeframe.

In terms of installation type, the industry is split into portable and stationary.

On the basis of end-user ambit, the market is branched into power generation, water & wastewater, chemical & petrochemical, oil & gas, and others. Out of which, the water & wastewater segment is poised to gain substantial returns over 2022-2028.

Regional scope:

Credible researchers assert that the latest trends are studied across North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Competitive dashboard:

Ingersoll Rand Inc., Atlas Copco, Kirloskar Brothers Ltd., Dover Corporation, Clyde Union Inc., Baker Hughes Company, Schlumberger Limited, Weir Group plc, Ebara Corporation, Sulzer Ltd., ITT Inc., KSB SE & Co. KGaA, Grundfos Holding A/S, and Flowserve Corporation are the leading players in worldwide pumps market.

These firms implement various methods in order to reinforce their market share and get a competitive edge over others in the market. Product launches, alliances, and mergers and acquisitions are a few of the tactics used by market participants.

Global Pumps Market, By Type (Value, USD Million, 2019-2028)

Positive Displacement Pump
Centrifugal Pump
Global Pumps Market, By Installation (Value, USD Million, 2019-2028)
Portable
Stationary
Global Pumps Market, By End-User (Value, USD Million, 2019-2028)
Power Generation
Water & Wastewater
Chemical & Petrochemical
Oil & Gas
Others
Global Pumps Market, Company Profiles (Value, USD Million, 2019-2028)
Ingersoll Rand Inc.
Atlas Copco
Kirloskar Brothers Ltd.
Dover Corporation
Clyde Union Inc.
Baker Hughes Company
Schlumberger Limited
Weir Group plc
Ebara Corporation
Sulzer Ltd.
ITT Inc.
KSB SE & Co. KGaA
Grundfos Holding A/S
Flowserve Corporation

FAQs:

1. What are global pumps market's size and projections for 2022-2028?

2. How is global pumps market being shaped throughout the assessment timeline by COVID-19 and its impeding factors?

3. In the global pumps market, what are the best segments and regions to invest in throughout the forecast period?

4. What is the competitive strategic window for growth potential in the global pumps market?

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