Global Pumps Market Factbook

Pumps play an important role in a variety of sectors. The energy sector (oil and gas, power generation and petrochemicals) is the largest, but with the emphasis on decarbonization and curbing carbon emissions, the worldwide focus is on developing sustainable industrial practices. Companies, governments, and end users are analyzing various ways to develop green strategies to mitigate energy- related challenges. As the COVID-19 pandemic continues the fragile recovery the global economy made now seems to be in jeopardy. The study assesses the impact of trends and challenges that influence the growth outlook for pump manufacturers in the next seven years. Frost & Sullivan examines a variety of trends, including product, economic, technological, regulatory, and political factors that have an impact the centrifugal pump market and offers an in-depth regional analysis. This research includes revenue assessment of of positive displacement and centrifugal pumps across various industry verticals and presents a detailed competitive assessment of the world’s top pumps manufacturers across product types and regions, and The study uses a specific methodology, including discussions with the senior management of pump manufacturing companies and addition secondary research to analyze the various growth opportunities that pump manufacturers should consider. Research Scope: The study covers the following products, regions, and end-user segments. Products: • Positive Displacement Pumps • Centrifugal Pumps: single-stage, multi-stage, axial and mixed, submersible, and seal-less and circulator pumps Regions: North America, Latin America, Europe, Middle East and Africa, and Asia-Pacific End-user Segments: • Positive Displacement pumps: Oil and gas, chemicals, food & beverages, water & waste water, pharmaceutical, power generation and others (agriculture, automotive, electronics, marine, mining, pulp and paper, and textiles.) • Centrifugal pumps: Oil and gas, chemicals, food and beverage, water and waste water, pharmaceutical, power generation, construction, metals and mining and others (pulp and paper, marine, textile, iron and steel, automotive, and agriculture) Author: Anand Mugundhu Gnanamoorthy