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Research Report Offers Pumps Market Breakdown Data by Manufacturers, Key Regions, Product Type and Application 2019-2025: Flowserve, Ebara, The Weir Group PLC, KSB Pumps Ltd, Wilo SE, Xylem, Kirloskar Brothers, GRUNDFOS, Sulzer
Pumps Market
A device used for the movement of fluids (liquid or gas) and slurries by mechanical action is known as pump. Pumps can be classified on the basis operation mechanism but works on the same principle of consuming energy and moving the fluid by mechanical action. Pumps can be either powered by manual operation or some source of power. Typical source of power includes electric motor, engine or wind power. Pumps are available in many sizes, from small pumps for use in medical & household application to large industrial pumps. Commercially available pumps are primarily classified on the basis of number of impeller. These are Single stage pumps (one impeller) and double or multi stage pumps (two or more impellers). Further, the pump industry is classified into two major categories namely positive displacement and centrifugal pumps. Centrifugal pumps are most commonly adopted and represent the major market.
Growth in adoption of pumps is primarily driven by eight major industries namely coal, oil & gas, refinery products, steel, fertilizers, cement and electrical. Agriculture and building services also represents some of the major end - use segments in developing economies such as India and China. Major players in the global pumps market are primarily focusing towards quality along with low cost proposition. Further brand building, bolstering market reach in foreign geographies is also identified as one of the major success factors to stand out in the global market.
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The "Global Pumps Market Analysis to 2025" is a specialized and in-depth study of the Pumps market with a focus on the global market trend. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the Pumps market.
The List of Companies
1. Xylem Inc.
2. Kirloskar Brothers Limited
3. GRUNDFOS
4. Sulzer Ltd
5. Flowserve Corporation
6. Ebara Corporation
7. The Weir Group PLC
8. KSB Pumps Ltd.
9. Wilo SE
10. Ruhrpumpen Group
The report provides a detailed overview of the industry including both qualitative and quantitative information. It also provides market size and forecast till 2025 for overall Pumps market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the market in these regions. Further, the report also includes ecosystem analysis for the Pumps market.
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