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Pumps Market is expected to expand at 4.70% CAGR during the period 2021 to 2023. The Global Pumps Market Shares segmented into Americas, Europe, Asia Pacific, and the Middle East
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Market Highlights Pumps are basically classified into two categories, namely, positive displacement and dynamic pumps. Positive displacement pumps are further classified intro two types, namely, reciprocating and rotary. Dynamic pumps are of two type, namely, centrifugal and special effect pumps. Centrifugal pumps are used to transport liquid with large volume and substantial pressure head and are largely utilized for water, wastewater, and industrial liquid transportation in the power, steel, and domestic sectors. Based on end-user, the market is segmented as oil & gas, water & wastewater, power generation, chemicals, pharmaceutical, food & beverage, and others. Water & wastewater segment is estimated to dominate the market during the forecast period. Water & wastewater segment is estimated to dominate the market during the forecast period due to rising investment in waste water industry across the globe. The awareness level of water reuse has increased due to the decreasing level of groundwater globally. Industrial sector consumes a large volume of water, and due to depleting reserves of groundwater, the reuse of water has become essential. Key Players The key players of the global pumps market are Grundfos (Denmark), Sulzer (Switzerland), Flowserve (US), ITT Corporation (US), Danfoss (Denmark), Ingersoll-Rand (Ireland), The Weir Group (UK), Ebara Corp (Japan), KSB (Germany), Schlumberger (US), Nikkiso Co Ltd (Japan), Wilo AG (Germany), and Roper Industries (US), among others. The global Pumps market is expected to grow at ~ 4.70% CAGR during the forecast period. Market Research Analysis Asia Pacific accounts for the largest market for pumps. Region wise, Asia Pacific held the largest market share of the global Pumps market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment infrastructure development. Moreover, the increased demand from the water and wastewater sector, moderate demand from constructions sector, rising urbanization, and supportive government plans are expected to drive the market for pumps in Asia Pacific region. Scope of the Report This report provides an in-depth analysis of the global Pumps market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Pumps market by its type, end-user, and by region. By Type Positive Displacement Reciprocating Rotary Dynamic Centriugal Special Effect By End-User Oil & Gas Water & Wastewater Power Generation Chemicals Food & Beverage
Pharmaceutical By Regions North America Asia-Pacific Europe Middle East & Africa South America Table Of Contents 1 Executive Summary 2 Market Introduction 2.1 Market Definition 2.2 Scope Of The Study 2.3 Market Structure 3 Research Methodology 3.1 Primary Research 3.2 Secondary Research 3.3 Market Size Estimation 3.4 Forecast Model 3.5 List Of Assumptions 4 Market Landscape 5 Market Dynamics 5.1 Introduction 5.2 Market Drivers 5.3 Market Restraints 5.4 Market Opportunities 5.5 Porter’s Five Forces Analysis 5.5.1 Threat Of New Entrants 5.5.2 Bargaining Power Of Buyers 5.5.3 Bargaining Power Of Suppliers 5.5.4 Threat Of Substitutes 5.5.5 Intensity Of Rivalry 5.6 Value Chain/Supply Chain Analysis Continued.. List Of Tables Table 1 Global Pumps Market, By Type, 2020-2027 (USD Million) Table 2 Positive Displacement: Global Pumps Market, By Region, 2020-2027 (USD Million)
Table 3 Dynamic: Global Pumps Market, By Region, 2020-2027 (USD Million) Table 4 Global Pumps Market, By Application, 2020-2027 (USD Million) Table 5 Oil & Gas: Global Pumps Market, By Region, 2020-2027 (USD Million) Table 6 Water And Wastewater: Global Pumps Market, By Region, 2020-2027 (USD Million) Table 7 Power Generation: Global Pumps Market, By Region, 2020-2027 (USD Million) Continued.. Browse Complete Report @ https://www.marketresearchfuture.com/reports/pumps- market-7423 List Of Figures FIGURE 1 RESEARCH PROCESS OF MRFR FIGURE 2 TOP DOWN & BOTTOM UP APPROACH FIGURE 3 MARKET DYNAMICS FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS FIGURE 6 PORTER’S FIVE FORCES ANALYSIS FIGURE 7 VALUE CHAIN ANALYSIS Continued.. About Market Research Future: Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client. The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. Our Forte Strong industry focus Robust methodology Tailor-made solutions Disruptive research Cutting-edge detailed reports Competitive pricing Domain expert researchers
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