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North American Engineered Pumps Market : Rising Investments in Chemical and Water and Wastewater Segments Drive the Market

  • January 2015
  • 86 pages
  • Frost & Sullivan
Report ID: 2649488

Summary

Table of Contents

Executive Summary

•The North American engineered pumps market generated revenue of $ x million in 2014 at a growth rate of x %.
•With stable demand across industries, the compound annual growth rate (CAGR) of the engineered pumps market is expected to be x % from 2014 to 2021.
•The chemical, water and wastewater, and oil and gas industries are the 3 main end-users of engineered pumps. Large investments across these industries are increasing demand for engineered pumps.
•Production of shale oil and gas in North America has created more opportunities in many related industries such as the chemical industry. Rising demand for natural gas encourages investment in upstream and midstream infrastructure.
•The North American engineered pumps market is expected to generate revenues of $ x million in 2021.

CEO’s Perspective

Chemical and water and wastewater industries attract large investments and increase demand for engineered pumps.
Increased energy efficiency and advanced pump automation are the latest focal points of end users.
Participants need to focus on the North American services market, which is growing fast in the top 3 end-user segments.
Subsea usage opportunities for highly engineered pumps are steadily rising in North America.
Restructuring of refineries and billion-dollar investments in the midstream sector offer strong growth opportunities.

Key Questions This Study Will Answer

Is the North American engineered pumps market growing? How long will it continue to grow, and at what rate?
What are the key factors that will drive growth of the engineered pumps market across North America?
What are the restraints faced by market participants? What is the expected impact?
What are the major end-user industries for engineered pumps? How are they expected to grow during the forecast period?
Which types of engineered pumps are expected to show good growth? What is the market share of different types of engineered pumps?
Which are the important industry participants? What are their relative positions in the North American engineered pumps market?

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