Global Industrial Pump Market-Growth, Trends, and Forecast (2018-2023)

Sara Dixit

The industrial pump market is anticipated to witness growth in coming years on account of expansion in its end user application and technological advancements associated with the same. The industries such as oil & gas, water & waste water, chemicals & petrochemicals, etc. are poised for growth in near future which is anticipated to pose higher demand for diaphragm pump across the world. The industrial development across the world is spurred by economic development majorly in Asia Pacific countries. The global economy is in the phase of recovery which was hampered due to recession in 2008 and decline in crude oil prices in 2014. The economic development leads to expansion in industrial infrastructure which, in turn, drives the market for industrial pumps.

The industrial pump market is categorized according to product type (Centrifugal Pump, Reciprocating Pump, Rotary Pump, Diaphragm Pump) and end-user (oil & gas, Water & Wastewater, Chemicals & Petrochemicals, Pharmaceuticals, Food & Beverages, Others).

Request for sample copy of Industrial Pump Market report at: http://www.orbisresearch.com/contacts/request-sample/2347207

Rising Offshore Exploration & Production (E&P) Activity - Drives the Industrial Pump Market

To meet the expected oil demand in the future, opportunities lie in offshore deep-sea beds, where oil & gas operators continue to discover new reserves. Globally, very few onshore regions are left yet to be explored by oil companies. Offshore explorations represent risks associated with extreme weather, higher costs of exploration than onshore operations, safety hazards and so on. However, if new sources of oil are to be found, they most certainly exist in the sea, waiting to be explored. Many regions around the world have begun offshore explorations in order to exploit their fair share of natural resources and to kick start their economy, which, in turn provides a huge impetus to industrial pump market.

Asia-Pacific to Dominate the Industrial Pump Market Share

Asia-Pacific is witnessing huge economic growth which has resulted in development of industrial infrastructure. The industrial infrastructure in the region witnessing growth with policy level focus on driving the industrial sector. Most of the countries in Asia-Pacific region is in growing phase which makes it a major regional market for industrial pumps. The government of India launched “Make in India Program” which is aimed at promulgating the manufacturing sector in the country is leading to development of industrial infrastructure which, in turn, drives the demand for industrial pump market.

Key Developments in the Industrial Pump Market

December 2017: Dover Corporation planned to spin off its upstream energy businesses within the Energy segment known as Wellsite. The new entity will be a standalone publicly traded company focused on providing full range of oil and gas production technologies and solutions.

Industrial Pump Market Major Players include -

Flowserve Corporation
Grundfos Holding A/S
KSB AG
ITT Inc
Dover Corporation

Reasons to Purchase Industrial Pump Market Report

Current and future industrial pump market outlook in the developed and emerging markets.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
The segment that is expected to dominate the market.
Regions that are expected to witness fastest growth during the forecast period.
Identify the latest developments, and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in excel).

Customize Industrial Pump Market Report

This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.

Companies Mentioned:

-Flowserve Corporation

-Grundfos Holding A/S

-KSB AG

-ITT Inc

-Sulzer Ltd.

-Ebara Corp.

-Weir Group plc

-Schlumberger Ltd.

-Baker Hughes, Inc

-Clyde Union, Inc.

-Dover Corporation

Enquire more details of the report at: http://www.orbisresearch.com/contact/purchase/2347207

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:

Hector Costello

Senior Manager – Client Engagements

4144N Central Expressway,

Suite 600, Dallas,

Texas – 75204, U.S.A.

Sara Dixit

The Future of Fluid Handling: Innovations in the Progressing Cavity Pump Market

Vaishnavi Kashid 2023-07-24

The progressing cavity pump market stands at the cusp of significant transformation, propelled by numerous emerging trends and technological innovations. According to Coherent Market Insights, The global Progressing Cavity Pump Market was valued at US$ 1,360. One of the most notable advancements reshaping the progressing cavity pump market is the advent of smart pumps. However, the Progressing Cavity Pump Market faces challenges, including high maintenance and repair costs when handling highly abrasive or corrosive fluids. Nevertheless, the future of the progressing cavity pump market is bright, driven by continuous innovation and expanding industrial applications.

Dade Pump and Supply Company

Dade Pump and Supply Company 2022-07-11

Since 1960, De Ruiter Electric Motor Company has provided courteous, professional service to Miami, South Florida and the Caribbean. Our reliable staff of committed professionals has over 150 years of combined experience in the electric motor, electric pump, and pool pump repair industry. Since 1960, De Ruiter Electric Motor Company has provided courteous, professional service to Miami, South Florida and the Caribbean. Our reliable staff of committed professionals has over 150 years of combined experience in the electric motor, electric pump, and pool pump repair industry. Since 1960, De Ruiter Electric Motor Company has provided courteous, professional service to Miami, South Florida and the Caribbean. Our reliable staff of committed professionals has over 150 years of combined experience in the electric motor, electric pump, and pool pump repair industry. Since 1960, De Ruiter Electric Motor Company has provided courteous, professional service to Miami, South Florida and the Caribbean. Our reliable staff of committed professionals has over 150 years of combined experience in the electric motor, electric pump, and pool pump repair industry. Since 1960, De Ruiter Electric Motor Company has provided courteous, professional service to Miami, South Florida and the Caribbean. Our reliable staff of committed professionals has over 150 years of combined experience in the electric motor, electric pump, and pool pump repair industry. Since 1960, De Ruiter Electric Motor Company has provided courteous, professional service to Miami, South Florida and the Caribbean. Our reliable staff of committed professionals has over 150 years of combined experience in the electric motor, electric pump, and pool pump repair industry.

Industrial Pumps Manufacturer and Supplier in Malaysia

Sujal Engineering 2023-12-26

This raises a call demand for industrial pump manufacturers and suppliers in Malaysia to meet the industrial needs. Still if the questions are like these - what are industrial pumps? Being an industrial pump manufacturer and supplier worldwide, we might help you with brief answers to all your questions related to it. However, the functionalities of industrial pumps might differ with the different types and applications. To Know More : Industrial Pumps Manufacturer and Supplier in Malaysia

Waste Water Pump Market Size Analysis, Industry Outlook, & Region Forecast, 2021-2027

Ajit Chary 2022-01-14

The Global Waste Water Pump Market is projected to reach USD 23. Industrial pump market, pumps market, centrifugal pump, sewage pump system, sewage pumps residential, sump pump, submersible sewage pump, and grinder pump lift station, to name a few are the hugely demanding topics and factors the end-users are concerned about and have been influencing the market growth in many ways, have been additionally discussed in details in the report. KGaA announced the launch of new waste water pumps for the high-ambient temperatures. The report also offers a projection of the growth rate for each region in the entirety of the forecast timeline. About Us:Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services.

Troubleshooting Common Issues with Submersible Pumps

Ben Wood 2023-06-22

While submersible pumps are known for their reliability, occasional issues may arise that require troubleshooting to ensure their optimal performance. Understanding common problems and their solutions can help resolve pump-related issues efficiently. Another issue is a decrease in submersible pumps flow or pressure. Regular pump maintenance, including cleaning, lubrication, and inspection, can prevent many common issues. By understanding common issues and following appropriate troubleshooting steps, users can identify and resolve problems with submersible pumps, ensuring their efficient and reliable operation.

Centrifugal Pump Market Is Estimated To Witness High Growth

Anjali CMI 2023-10-16

The global Centrifugal Pump Market is estimated to be valued at US$ 38,693. PEST Analysis:Political: The political factors influencing the centrifugal pump market include policies and regulations related to environmental protection and energy efficiency. Key Takeaways:The global Centrifugal Pump Market Size is expected to witness high growth, exhibiting a CAGR of 4. In terms of regional analysis, Asia Pacific is expected to be the fastest-growing and dominating region in the centrifugal pump market. Key players operating in the centrifugal pump market include ITT Corporation, Ruhrpumpen Group, KSB AG, Xylem Inc.

WHO TO FOLLOW