Industrial Pumps Market – Global Opportunities & Forecast, 2020-2027

 The market report added by GMI Research gives meticulous investigation of the current scenarios in the market, including market size, share, trends, overall demand, growth, leading players, and forecasts for the coming years.

Market Segmentation of the Industrial Pumps Market:

The Industrial Pumps Market is spilt by Product, Application, and Region. The given analysis will help you to expand your business by targeting niche markets. For the forecast period, the growth among segments offers accurate calculations and forecasts for sales in terms of volume and valve.

By Product:

·         Centrifugal Pumps

o   Axial Flow Pump

o   Radial Flow Pump

o   Mixed Flow Pump

·         Positive Displacement Pumps

o   Reciprocating Pumps

o   Rotary Pumps

o   Others

·         Others

By Application:

·         Oil & Gas

·         Chemicals

·         Construction

·         Power

·         Water & Wastewater Treatment

·         Others

By Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

Key Drivers of the Industrial Pumps Market:

The significant factor surging the demand of the global industrial pumps market includes the accelerating adoption of these pumps across various end-use industries such as chemicals and petrochemicals. Moreover, the strong demand for wastewater and water treatment, followed by the continuous expansion of the oil & gas industry due to the rising population rate and industrial development will further energize the market growth.

The centrifugal pumps have a lower price, need less maintenance, and are widely used in high-flow, low head application with high viscosity fluids. Additionally, the rising investment for building efficient water infrastructure facilities, particularly in developing economies, will boost the market’s demand. According to the industrial pumps market report, the increasing requirement for consistent monitoring of the pumps and higher power needs will hamper the market growth.

Company coverage of the Industrial Pumps Market:

·         R North America

·         Colfax Corporation

·         Global Pump

·         GRUNDFOS

·         Haight Pumps

·         IIT Inc.

·         Iwaki America Inc.

·         Franklin Electric

·         Roper Technologies, Inc.

·         Sulzer Ltd.

About GMI Research:

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.