Press release
Mechanical Pump Market Growth Trends, Opportunities by 2028
The mechanical pump market is expected to grow from US$ 49,639.6 million in 2021 to US$ 72,732.2 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2021 to 2028.According to the United Nations, the global population is anticipated to reach 9.7 billion by 2050.
The conventional farming methods are likely to fall insufficient to meet the consequently rising food demands as environmental or climatic uncertainties influence the outcomes of these methods. Modern farming practices such as vertical farming are capable of producing more yield in smaller spaces, along with using 90% less water than conventional farming practices.
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The report provides the current market size for Mechanical Pump, defines trends and presents growth forecasts for nine years from 2019 to 2030. 2020 is considered as the base year, and 2023 to 2030 is forecast year for the entire report. All the market numbers for revenue are provided in US dollars. The market is analyzed by the supply side, considering the market penetration of Mechanical Pump Market for all the regions globally.
The scope of the Mechanical Pump Market Report:
The research report focuses on the current market trends, opportunities, future potential of the market, and competition in the Mechanical Pump in North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also provides market insights and analysis of the Mechanical Pump, highlighting the technological market trends, adoption rate, industry dynamics, and competitive analysis of major players in the industry. The global Mechanical Pump Market is segmented based on deployment, component, solution, application, and geography. The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of products offered by the leading participants in the industry in order to understand widely used market specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.
Major highlights of the report:
All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market
Major key players covered in this Mechanical Pump Market report:
EBARA CORPORATION
Grundfos Holding A/S
KIRLOSKAR BROTHERS LIMITED
KSB SE & Co. KGaA
PLEUGER INDUSTRIES
Sulzer Ltd
The Weir Group PLC
Tsurumi Manufacturing Co., Ltd.
WILO SE
Xylem Inc.
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Mechanical Pump Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America Reason to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Mechanical Pump Market.
Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
The key findings and recommendations highlight crucial progressive industry trends in the Mechanical Pump Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Contact Us: If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
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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