Press release
Pumps Market In India To Grow At A CAGR Of 9.66% during 2018-2021
Researchmoz added Most up-to-date research on "Pumps Market In India To Grow At A CAGR Of 9.66% during 2018-2021" to its huge collection of research reports.The global pump market is projected to grow at a CAGR of 5.47% during the forecast period, and is likely to reach $55.32 billion by the end of 2020. Though the global growth of the market is expected to be robust, the factors that fuel this growth will vary from region to region. In emerging economies such as India and China, growth in the pump market will primarily be the result of rapid industrialization as investments in the water infrastructure and power generation sectors grow. In the developed countries, improving manufacturing output will enable the growth of process manufacturing industries. In the US, improving economy and the boom in hydraulic fracking (fracturing) in the countrys oil and gas sector will accelerate the demand for pumps.
Technavios analysts forecast the pumps market in India to grow at a CAGR of 9.66% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the pumps market in India for 2016-2020. To calculate the market size, the report considers the demand for pumps from various end-users. The average price of pumps has been taken into consideration for estimating the market revenue.
The market is divided into the following segments based on geography:
Andhra Pradesh
Delhi
Gujarat
Karnataka
Madhya Pradesh
Maharashtra
Mumbai
Punjab
Rest of India
Tamil Nadu
Uttar Pradesh
West Bengal
Technavio's report, Pumps Market in India 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Make an Enquiry of this report @ http://www.researchmoz.us/enquiry.php?type=E&repid=800311
Key vendors
C.R.I. Pumps
Flowserve
Grundfos
Kirloskar
KSB
Texmo Industries
Other prominent vendors
Best Pumps
Falcon Pumps
Sam Turbo Industry
Sulzer
Jyoti
Shakti Pumps
WPIL
Falcon Pumps
Best Pumps
Sam Turbo
V-Guard
Market driver
Demand for energy-efficient pumps in agriculture sector
For a full, detailed list, view our report
Market challenge
Poor quantity and quality of electricity supply
For a full, detailed list, view our report
Market trend
Emergence of intelligent pump systems and micro disc pump technology
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=800311
About ResearchMoz
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