Skip to main content

Centrifugal Pump Market to Register a CAGR of 4.7% during forecast period 2017 to 2027 – FMI

 Centrifugal Pumps are mechanical devices designed to increase the pressure of various fluids during transportation in diverse industries. Centrifugal pumps transport a variety of liquid such as chemicals, water & wastewater, sludge treatment chemicals and corrosive materials such as bleach, acid, oil, resin and more. Different kinds of centrifugal pumps are available in the centrifugal pumps market for diverse applications such as single-stage pumps, multi-stage pumps, axial & mixed flow pumps, submersible pumps and sealless & circular flow pumps. Depending upon the requirement, these pumps are used in varying capacities. On account of their effectiveness and versatility in use, submersible pumps should dominate the centrifugal pumps market throughout the forecast period.

For more insights into the Market, Request a Sample of this Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-5329

Market Dynamics

Global demand for centrifugal pumps may gain traction with an increase in infrastructural development activities worldwide. Governments of emerging nations such as India and China are focusing on industrialization, thereby supporting the growth of centrifugal pumps. Furthermore, urbanization along with increasing demand for water from the agricultural sector is predicted to boost the demand for centrifugal pumps. Deployment of centrifugal pumps is anticipated to be significant from wastewater and water treatment industries and the agricultural sector throughout the assessment period. Moreover, increasing investment for desalination plants over the globe should directly benefit the centrifugal pumps market.

However, volatile oil and gas prices are likely affecting the centrifugal pumps market because of continuous cost-cutting and holding investments by E&P companies. Moreover, creating new business opportunities in a low product replacement scenario is poised to be a major challenge for the centrifugal pumps market players. Companies are focusing on the development of energy-efficient pumps and pumps running on green energy such as solar pumps.

Product Type Analysis

The global centrifugal pumps market based on product type is segmented as single-stage pumps, multi-stage pumps, axial & mixed flow pumps, submersible pumps and sealless & circular flow pumps. The submersible pump segment is projected to account for 28.4% market share in terms of value by the end of 2017, having a CAGR of 5.5% between 2017 and 2027. The single-stage and multi-stage pumps are anticipated to account for a collective share of 54.6% in terms of revenue in 2017, expanding at a CAGR of 3.9% and 5.2% respectively between 2017 and 2027.

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-5329

Table Of Content

1. Centrifugal Pump Market- Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Centrifugal Pump Market Overview

   4.1. Introduction

       4.1.1. Centrifugal Pump Market Definition

       4.1.2. Centrifugal Pump Market Taxonomy

   4.2. Centrifugal Pump Market Value Chain & Distribution Channel Analysis

   4.3. Centrifugal Pump Market End User Survey Analysis

5. Centrifugal Pump Market Dynamics

  5.1. Global Centrifugal Pump Market Drivers

      5.1.1. Global Centrifugal Pump Market Restraints

      5.1.2. Global Centrifugal Pump Market Trends

      5.1.3. Global Centrifugal Pump Market Opportunity

5.2. Global Centrifugal Pump Market Forecast, 2015-2025

     5.2.1. Market Volume Forecast

     5.2.2. Market Size (Value & Volume) Forecast

         5.2.2.1. Y-o-Y Growth Projections

         5.2.2.2. Absolute $ Opportunity

Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-5329

Key Players

Some of the major players reported in the study of global submersible pump market include:  Flowserve Corporation, KSB AG, Sulzer AG, Ebara Corporation, Grundfos Holding A/S, Xylem Inc., ITT Inc., The Weir Group PLC, Wilo SE, Tsurumi Manufacturing Co., Ltd., Kirloskar Brothers Ltd., DESMI A/S, WPIL Limited, HERMETIC-Pumpen GmbH, Shakti Pumps (India) Ltd., Klaus Union GmbH & Co. KG, Ruhrpumpen Group, HOMA Pumpenfabrik GmbH, CP Pumpen AG, Toyo Denki Industrial Co. Ltd., Speck Pumpen Walter Speck GmbH & Co. KG

About FMI

FMI is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Contact:

Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/centrifugal-pumps-market-102017

Comments

Post a Comment

Popular posts from this blog

Frozen Foods Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Frozen Foods Market has experienced a significant transformation in recent years and continues to be a prominent and dynamic segment of the global food industry. As we move into 2033, this market remains a crucial part of modern lifestyles, offering a wide variety of convenient and preserved food options for consumers. The growth of the Frozen Foods Market is fueled by changing consumer preferences, technological innovations, and an ever-increasing demand for convenient, time-saving, and nutritious meal solutions. In 2033, the Frozen Foods Market is expected to continue its upward trajectory, as more consumers seek the benefits of frozen products. This market encompasses an extensive range of items, from frozen vegetables and fruits to ready-to-eat meals, appetizers, and desserts. The versatility and extended shelf life of frozen foods have made them an essential staple in many households. Consumers are drawn to the convenience of having quick, easy-to-prepare, and
Post a Comment
Read more

Automotive Filters Market Share and Growth Factors Impact Analysis 2029

 The global automotive filters market is expected to experience significant growth over the forecast period, due to the increasing demand for advanced automotive systems and the rising demand for fuel-efficient and eco-friendly vehicles. Automotive filters are used to remove contaminants, such as dust, dirt, and debris, from the air, oil, and fuel in a vehicle. The market is segmented based on type, vehicle type, and region. Based on type, the market is divided into air filters, oil filters, fuel filters, and others. The air filter segment is expected to dominate the market, due to the increasing demand for advanced air filtration systems in vehicles. Based on vehicle type, the market is classified into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment is expected to dominate the market, due to the increasing demand for passenger cars and the increasing adoption of advanced filtration systems in passenger cars. Geographi
Post a Comment
Read more

Iris Biometrics Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2032

 The Iris Biometrics Market stands as a testament to the ever-evolving landscape of biometric technology, offering a unique and highly secure method of identity verification and authentication. The iris, with its intricate and individualistic patterns, has captured the attention of both security experts and technology developers as a reliable means of confirming one's identity. This market has gained prominence across various industries, ranging from border control and law enforcement to access control systems in government institutions, corporate offices, and even consumer devices. The market's growth is fueled by the increasing need for robust identity verification solutions in a world where security breaches and identity theft are becoming more prevalent. Unlike traditional authentication methods such as passwords and PINs, iris biometrics offer a high level of security and accuracy, as the iris pattern is virtually impossible to replicate. The technology prov
Post a Comment
Read more