Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Revival of Oil and Gas, Coupled With Investment in Chemical and Water and Wastewater Industry Will Drive Growth and Focus on Energy Efficiency and Productivity for 2019
* Required Fields
Pay by invoice
This research service covers the global opportunities in 2019 for pumps companies in the top 3 end-user industry segments (water and wastewater, food and beverages, and construction). It offers regional analysis of how economic factors will impact the market. Opportunities in all end-user industry applications for pump manufacturers are highlighted, including oil and gas (upstream, midstream, and downstream), power generation, chemicals and petrochemicals, water and wastewater, construction/cement, food and beverages, metals and mining, and pharmaceuticals. Global economic changes and the impact on end-user industry trends and aftermarket services are detailed as well.Top Predictions for 2019: • Brent crude oil prices are expected to dip from an estimated $71.1/barrel in 2018 to $65.15/barrel in 2019. Oil supply and demand are expected to be largely balanced in 2019. Demand growth is expected to weaken in 2019, with OPEC and its allies expected to pursue production cuts in 2019 to mitigate the risk of oversupply.• End users are redefining their maintenance strategy and prefer to move toward pump solutions that can be continuously monitored and predict their failure. Service is becoming a critical factor for large institutional end users because without regular maintenance, they risk downtime. A significant decline in productivity and profitability and high energy consumption can occur because of the downtime. Continuous process industries, such as oil and gas, chemicals, and power industry cannot afford downtime. • Market consolidation through mergers and acquisitions has been driving the growth and increasing the market share of major pump manufacturers. Hectic global competition is driving the global pump market to consolidation, with a string of mergers and acquisitions in 2018. Compelling, fresh, and strategic perspectives on collaboration and consolidation will be necessary to drive long-term growth of larger market participants in the high-growth markets. • Need for energy-efficient pumps is the key driver for the pumps market, as European countries are focusing on reducing building energy consumption. Increasing emphasis is being placed on reducing energy consumption. To achieve the ambitious target of building a circular economy, product manufacturers across industries, including pumps, need to develop solutions that consume lesser energy.
The study outlines the latest trends in terms of industry, economy, and technology across the top 3 industry segments for centrifugal and Positive Displacement (PD) pumps across the globe. Geographic segmentation is divided by North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. The study period is 2018–2019. The study concludes with a competitive analysis of top pump participants and elaborates on their strengths and weaknesses in 2018.
Author: Avinash Kumar
Global Mechanical Seals Market, Forecast to 2023
IoT in Pumps—Mapping Your IoT Monetization Strategy
Global Oil-free Compressor Market, Forecast to 2023
European Pumps Market for Commercial Building, Forecast to 2022
European Vacuum Pumps Market, Forecast to 2024
European Pumps Market in the Chemical Industry, Forecast to 2025
European Intelligent Pumps and Controllers Market—Driving Smart Revolution, Forecast to 2024
Global Pumps Market Factbook, Forecast to 2024
North American Pump Services Market, Forecast to 2023
European Positive Displacement Pumps Market, Forecast to 2022
health supplement market
flexible packaging market
electric vehicle market analysis
wireless charging market
solar cell market
composite materials market
energy storage market
Fill in the fields below to receive a sample report
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.