Water Pump Market size was valued at US$ 47.78 Bn. in 2020 and the total revenue is expected to grow at 5.6 % through 2021 to 2027, reaching nearly US$ 69.97 Bn.
Water Pump Market Overview:
Water Pump Market 2021 by Manufacturers, Regions, Type and Application, forecast to 2027, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The study completely examines analysed insights in light of the market, as well as its ever-changing trends, industry environment, and all of the market's leading elements. This research approach was used to investigate the Water Pump market, and the results were logically presented in this report.
Water Pump Market Scope:
Water Pump Market 2021 research report 2027 includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, technology, types, and application. The research will also include accessible opportunities in micro markets for stakeholders to invest, as well as a full analysis of the competitive landscape and significant competitors' product offers.
The qualitative and quantitative data in the Water Pump market report can assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas. The research also highlights the competitive landscape of leading industry players as well as upcoming market trends.
Maximize Market Research's report includes a PESTEL Analysis, which aids in the development of company strategies. Political variables can help you figure out how much a government can influence the Water Pump market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Water Pump market. Marketing analytics and tactics are aided by social elements. Understanding the impact of the surrounding environment and the influence of ecological concerns on the Water Pump market is aided by legal factors.
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Based on Pump Type, the Global Water Pump Market is segmented into Centrifugal Pump, Positive Displacement Water Pump and Others. The Centrifugal Pump segment held the largest market share of 52% in 2020. Centrifugal water pumps are used widely in buildings, wells, fire protection system and hot water circulation in industries, whereas positive displacement design type water pumps are used in hydraulic systems. Centrifugal pump segment dominates the market contributing substantial share compared to positive displacement pumps of the total water pump market.
Global Water Pump MarketBased on End-User, the Global Water Pump Market is segmented into Oil and Gas, Chemical, Power Generation, Water and Wastewater and General Industry. The Oil and Gas segment held the largest market share of xx% in 2020. Increase in the utilization of water pumps in the oil and gas sector can be attributed to the rise in demand for energy. New technologies in water pumps enable efficient separation processes for liquids and gas. The demand for water pumps from the power generation sector is expected to gain traction during the forecast period particularly due to the increased investment in power and energy sector in emerging economies.
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• Torishima Pump Mfg. Co.
• General Electric Company
• Weir Group PLC
• Weatherford International Inc
• ITT Inc.
• PROCON Products
• KSB Group
• Kirloskar Brothers Limited
• Sulzer Ltd.
• Atlas Copco
• Baker Hughes Incorporated
• Busch LLC
• ClydeUnion Pumps
• Ebara Corporation
• Flowserve Corporation
• Halliburton Company
• ULVAC Technologies
• Jyoti Ltd
• Shakti Pumps India Ltd
• CNP Pumps India Pvt Ltd
• CRI Pumps Pvt Ltd
The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the Water Pump market to know the competition at both the domestic and levels. The key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
In additional Water Pump Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Water Pump market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on Water Pump Market:
COVID-19 has a thorough impact on the Water Pump market in North America, Asia Pacific, the Middle East, Europe, and South America, according to the report. During this crisis, the report presents a comprehensive examination of alternatives, challenging conditions, and difficult situations in the Water Pump market. The study briefly discusses the benefits as well as the challenges of the COVID-19 in terms of funding and market expansion. In addition, the study includes a collection of principles that are intended to assist readers in deciding and planning a corporate strategy.
Key Questions answered in the Water Pump Market Report are:
- Which product segment grabbed the largest share in the Water Pump market?
- How is the competitive scenario of the Water Pump market?
- Which are the key factors aiding the Water Pump market growth?
- Which region holds the maximum share in the Water Pump market?
- What will be the CAGR of the Water Pump market during the forecast period?
- Which application segment emerged as the leading segment in the Water Pump market?
- Which are the prominent players in the Water Pump market?
- What key trends are likely to emerge in the Water Pump market in the coming years?
- What will be the Water Pump market size by 2027?
- Which company held the largest share in the Water Pump market?
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