1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

Industrial Pumps Market Analysis By Product (Centrifugal, Reciprocating, Rotary, Diaphragm), By Application (Oil & Gas, Chemicals, Construction, Power, Water & Wastewater Treatment), By Region And Segment Forecasts, 2014 - 2025

  • December 2016
  • 80 pages
  • Grand View Research
Report ID: 4604989

Summary

Table of Contents

The global industrial pumps market is expected to reach USD 88.43 billion by 2025, according to a new report by Grand View Research, Inc. Increasing product energy use pumps for the extraction and transport of oil and natural gas is expected to have a positive impact on the market per the next nine years. High crude oil prices will fuel the energy sector's revenue, thereby resulting in more demand for the product.

Government of India has passed Petroleum Chemicals Petrochemicals Investment Region (PCPIR) policy intended for promoting FDI investments in oil & gas sector. This regulatory move is expected to result in increasing production of petrochemicals and polymers in India, thus fueling industrial pump demand over the forecast period.

Technological advancement in enhanced oil recovery and deploying hydraulic fracturing activities in Russia and Ukraine are expected to increase availability of tight oil and shale gas which in turn will have a positive impact on the industrial pumps market over the forecast period. further rising water & wastewater treatment plants in the region will fuel market growth over the next nine years.

Improving economic conditions in Asia Pacific are expected to open new opportunities for pump manufacturers, as the construction, manufacturing and automotive, industries are likely to witness considerable growth over the forecast period. However, tough competition from low-cost manufacturers is expected to be major restraint for development this market.


Further key findings from the report suggest

Centrifugal pumps were the largest product segment in 2015 and accounted for over 70% of the market share on account of its low cost and long shelf life

Construction is one of the largest applications and is expected to witness considerable growth over the next nine years on account of rising number of upcoming projects particularly in Asia Pacific and the Middle East

Asia Pacific accounted for over 45% of the overall market share in 2015 and is estimated to exhibit a growth of 6.7% over the forecast period owing to upcoming infrastructural projects coupled with the surging industrial developments

China has been one of the fastest-growing markets for US pumps due to the country’s rapidly expanding industrial bases and infrastructure projects. Other emerging markets that account for a growing share of industry revenue include Mexico, Saudi Arabia and Brazil.

Companies present in this sector focus their marketing strategies on increasing sales and targeting specific applications so as to exploit their competitive strengths by emphasizing on expanding their geographical presence and capitalize on new markets and industries for existing as well as new products

Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.


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
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers
Southeast Asia and Australia-New Zealand Industrial Pumps Market Outlook, 2017

Southeast Asia and Australia-New Zealand Industrial Pumps Market Outlook, 2017

  • $ 4950
  • Industry report
  • February 2017
  • by Frost & Sullivan

Focus on Value-Added Pump Services is Likely to Sustain Growth if Current Economic Conditions Persist This study discusses the 2016 industrial pumps market landscape in Australia, New Zealand, and the ...

Opportunity in Industrial Pumps in global market - 2017

Opportunity in Industrial Pumps in global market - 2017

  • $ 4500
  • Industry report
  • March 2017
  • by Feedback Business Consulting

This report provides insight into the current market scenario, structure and practices. In depth market scenario includes: - Current market size estimate - Revenues by players - Top 5 Companies - Market ...

Opportunity in Industrial Pumps Market in India - 2017

Opportunity in Industrial Pumps Market in India - 2017

  • $ 4500
  • Industry report
  • March 2017
  • by Feedback Business Consulting

This report provides insight into the current market scenario, structure and practices. In depth market scenario includes: - Current market size estimate - Revenues by players - Top 5 Companies - Market ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

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