North American Centrifugal Pumps Market, Forecast to 2024

North American Centrifugal Pumps Market, Forecast to 2024

Industrial Internet of Things to Disrupt Conventional Market Dynamics

RELEASE DATE
05-Mar-2018
REGION
North America
Deliverable Type
Market Research
Research Code: K228-01-00-00-00
SKU: IA01467-NA-MR_21592
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$4,950.00
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Description

The aim of this research study is to assess trends and evaluate the opportunities for centrifugal pumps across North America until 2024. This research examines the growth prospects of process equipment pump companies across the region, the changing competitive landscape, and the needs and requirements of customers. The study focuses on how smarter and more energy-efficient pumps are gaining widespread adoption. It also highlights how the pump market is set to benefit both in terms of revenues and unit shipment growth as economies recover, export markets are restored, and the growth rate for various end-user segments in the North American region rises. Digital transformation caused by the convergence of industry forces is driving unprecedented change. Data is the new currency, and there is demand from end-users to generate and mine the data to convert it into actionable insights. This will transform and drive strong growth in the pumps market in the next few years. This research study brings out the latest trends in terms of industry, economy and technology across several end-user industries for centrifugal pumps and their product types.

Research Scope

Regions – North America: United States and Canada

Product Technology – Single stage, Multi stage, Axial and Mixed Flow, Submersible, Seal-less and Circulator

End-user Industries – Oil and Gas, Water and Wastewater, Chemicals, Power Generation, Construction, Metals and Mining, Pharmaceutical, Food and Beverage and Others which includes Pulp and Paper, Marine, Textile, Iron and Steel, Automotive, and Agriculture


Key Issues Addressed

  • How is the market expected to grow between 2017 and 2024?
  • What are the major market drivers and restraints impacting the North America centrifugal pumps across key end-user industries? How will these factors impact the market in the long- term?
  • What are the important business trends that are poised to disrupt the North American centrifugal pumps business?
  • Which type of pump types are considered most likely to grow by end-user companies and at what rates are they expected to grow?
  • Which key Mega Trends from select end-user industries will be the main propellers of economic activity in North America?
  • How has the competitive landscape changed? What is the relative position of competitors in the North American centrifugal pumps market?

RESEARCH: INFOGRAPHIC

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Table of Contents

Key Findings

Market Engineering Measurements

Market Engineering Measurements (continued)

CEO’s Perspective

Research Scope

Key Questions this Study will Answer

Scope of the Study—Segmentation

Market Segmentation

Market Distribution Channels

Market Drivers

Drivers Explained

Drivers Explained (continued)

Drivers Explained (continued)

Drivers Explained (continued)

Drivers Explained (continued)

Drivers Explained (continued)

Market Restraints

Restraints Explained

Restraints Explained (continued)

Restraints Explained (continued)

Restraints Explained (continued)

Market Engineering Measurements

Market Engineering Measurements (continued)

Forecast Assumptions

Unit Shipment and Revenue Forecast

Pricing Trends and Forecast

Pricing Trends and Forecast Discussion

Percent Revenue Forecast by Country

Revenue Forecast by Country

Revenue Forecast Discussion by Country

Revenue Forecast by Vertical Market

Revenue Forecast Discussion by Vertical Market

Revenue Forecast Discussion by Vertical Market (continued)

Revenue Forecast Discussion by Vertical Market (continued)

Revenue Forecast Discussion by Vertical Market (continued)

Percent Revenue Forecast by Distribution Channel

Percent Revenue Forecast Discussion by Distribution Channel

Market Share

Market Share Analysis

Competitive Environment

Competitive Factors and Assessment

Competitive Factors and Assessment (continued)

Growth Opportunity 1—Energy Efficiency at the Forefront

Growth Opportunity 2—Industrial Internet of Things (IIoT)

Growth Opportunity 3—Changing Market Dynamics

Growth Opportunity 4—Market Positioning

Strategic Imperatives for Success and Growth

CEO’s 360 Degree Perspective

Market Engineering Measurements

Revenue Forecast

Revenue Forecast Discussion

Market Engineering Measurements

Revenue Forecast

Revenue Forecast Discussion

Market Engineering Measurements

Revenue Forecast

Revenue Forecast Discussion

Market Engineering Measurements

Revenue Forecast

Revenue Forecast Discussion

Market Engineering Measurements

Revenue Forecast

Revenue Forecast Discussion

The Last Word—3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

Additional Sources of Information on Study Topic

List of Companies in “Others”

Partial List of Companies Interviewed

Learn More—Next Steps

List of Exhibits

List of Exhibits (continued)

The aim of this research study is to assess trends and evaluate the opportunities for centrifugal pumps across North America until 2024. This research examines the growth prospects of process equipment pump companies across the region, the changing competitive landscape, and the needs and requirements of customers. The study focuses on how smarter and more energy-efficient pumps are gaining widespread adoption. It also highlights how the pump market is set to benefit both in terms of revenues and unit shipment growth as economies recover, export markets are restored, and the growth rate for various end-user segments in the North American region rises. Digital transformation caused by the convergence of industry forces is driving unprecedented change. Data is the new currency, and there is demand from end-users to generate and mine the data to convert it into actionable insights. This will transform and drive strong growth in the pumps market in the next few years. This research study brings out the latest trends in terms of industry, economy and technology across several end-user industries for centrifugal pumps and their product types.--BEGIN PROMO--

Research Scope

Regions – North America: United States and Canada

Product Technology – Single stage, Multi stage, Axial and Mixed Flow, Submersible, Seal-less and Circulator

End-user Industries – Oil and Gas, Water and Wastewater, Chemicals, Power Generation, Construction, Metals and Mining, Pharmaceutical, Food and Beverage and Others which includes Pulp and Paper, Marine, Textile, Iron and Steel, Automotive, and Agriculture

Key Issues Addressed

  • How is the market expected to grow between 2017 and 2024?
  • What are the major market drivers and restraints impacting the North America centrifugal pumps across key end-user industries? How will these factors impact the market in the long- term?
  • What are the
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Anand Gnanamoorthy
Industries Industrial Automation
WIP Number K228-01-00-00-00
Is Prebook No
GPS Codes 9415-X1,9420,9593,99EA-A5