Key Market Indicators
Romania is set to see an increase in its import of pumps over the next five years, with a CAGR of 2%. In 2021, the nation was ranked 33rd in the world, with 8.7 million kilograms imported. Argentina imported the most, followed by the United States, Russia and South Africa. Romania's pump exports are expected to decrease by 0.6% year on year over the same period. In 2021, the country was ranked 56th in the world, with 239,450 kilograms exported. Chile exported the most, followed by the Netherlands, Germany and the United States.
Romania Pump Market Data and Forecasts
How much will Romania Pump Market grow to 2026?
Improve your Knowledge with the latest Indicators and Trends
Expansion in the liquid pump and elevator markets is predominantly driven by several key factors. Continual urbanization worldwide necessitates the extensive construction of multifarious infrastructures and buildings; these, in turn, fuel demand for advanced, more efficient liquid pump systems and elevators. Moreover, burgeoning industrial sectors – particularly in developing economies...Read more
Several dynamics fuel the expansion of the lactation aid sector. Increasing maternal employment, growing awareness about the benefits of breastfeeding, and technological advancements in breast pump design serve as primary market propellants. Moreover, various governments and international organizations are involved in initiatives to promote the use of breast pumps, which...Read more
There are several key factors propelling the market for metering pumps. Foremost, there's an upsurge in demand due to process control and automation advancements within various industries, leading to increased efficiency and output. Secondly, environmental compliance pressures are also driving the need for accurate chemical dosing solutions, which metering pumps...Read more
The water pumps industry is displaying significant trends towards greater energy efficiency and digital integration. Regulatory bodies are setting the bar high with stringent efficiency standards, prompting manufacturers to advance their technological inputs. This is leading to a substantial shift towards Advanced Pumping Technologies. Simultaneously, the surge in Industrial IoT...Read more
The arena of industrial strength pump machinery is undergoing notable transformations with advancements in technology. Developments such as smart pumps connected to Industrial Internet of Things (IIoT) promise optimisation of predictive maintenance and energy usage, thus curbing operational costs. Simultaneously, the rising trend towards more sustainable operations is likely to...Read more