1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment
  4. > Machine Tool and Equipment Market Trends
  5. > State of the Pump Industry

State of the Pump Industry

  • June 2014
  • -
  • Frost & Sullivan
  • -
  • 33 pages

Summary

Table of Contents

Improving Global Economic Conditions Expected to Boost Pumps Market

The study presents an outlook of the global centrifugal pumps market. The short term outlook for the market is bright with the robust growth of in many end-user verticals. The oil and gas, food and beverages, water and wastewater, chemicals, pharma, and power generation end-users are covered in this outlook. The driving forces contributing to market shifts include: the increasing demand for unconventional oil and gas, investments in chemical, growth in food and beverage segments. The time frame covered in this outlook is short term (2014).

Executive Summary

-The global pumps market generated a revenue of $ billion in 2013 with centrifugal pumps being the dominant category.
-Oil and gas industry occupies the largest market share due to increased investments and activities in upstream, midstream and downstream sectors.
-Automotive, Construction and Manufacturing industries are the top end users of chemical products around the world. We will witness a steady stable growth of these end user sectors in the upcoming years and hence the demand for chemicals will increase. This in turn will increase the demand for pumps in chemicals industries.
-Increased demand from emerging nations for energy has boosted the sale of pumps in the power sector.
-In the centrifugal pumps category, single stage and multi stage pumps are predominantly used for most applications.
-End users have started understanding the advantages of positive displacement pumps over centrifugal pumps. In this segment, diaphragm, progressive cavity and screw pumps occupy majority of the market share.
-Replacements and retrofits will continue to be a driving factor across all end user verticals.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Strategic Outlook of Global Pumps Market, 2017

Strategic Outlook of Global Pumps Market, 2017

  • $ 6500
  • Industry report
  • April 2017
  • by Frost & Sullivan

North America and Asia-Pacific on Brink of Technological Advancement with Big Gains for Suppliers in the Water & Wastewater and Chemicals Segments This research service covers the global opportunities ...

U.S. Veterinary Infusion Pumps Market by Type, End User - Forecast to 2021

U.S. Veterinary Infusion Pumps Market by Type, End User - Forecast to 2021

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

The U.S. veterinary infusion pumps market is estimated to grow at a CAGR of 5.8% from 2016 to 2021, to reach USD 35.4 million by 2021 from USD 26.6 million in 2016. Growth in this market is attributed ...

Top 10 Pumps and Motors Market Pumps, Motors - Global Forecast to 2021

Top 10 Pumps and Motors Market Pumps, Motors - Global Forecast to 2021

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Top 10 pumps and motors market is expected to reach USD 100.66 billion by 2021” The Top 10 pumps and motors market is expected to grow from an estimated USD 71.01 billion in 2016 to USD 100.66 billion ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.