Industrial Pumps Market Report 2022-2027 by Kanika Sharma

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Report Description

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Report Description and Highlights Report Description Global Industrial Pumps Market Outlook 2022-2027: According to the latest report by IMARC Group, titled " Industrial Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global industrial pumps market reached a value of US$ 60.3 Billion in 2021. Industrial pumps refer to mechanical equipment that are generally used for heavy-duty applications, including transferring slurry, chemicals, petroleum and sludge. They are commonly manufactured using cast iron or carbon steel that provides excellent heat resistance, strength and superior casting performance to the pumps. They are usually operated manually or with the help of energy sources, such as electricity, wind power and engines. They are widely utilized for water injection, hydrocarbon processing, pipeline systems and refineries across numerous sectors. The rising infrastructural development projects are providing a boost to the uptake of industrial pumps across the globe. Request for a PDF sample of this report: https://www.imarcgroup.com/industrial-pumps-market/requestsample

Report Description and Highlights

Report Description

Global Industrial Pumps Market Drivers/Constraints: The global market is primarily driven by significant growth across the oil and gas industry. This is supported by the increasing exploration activities on the global level. Additionally, the rising utilization of centrifugal pumps for biochemical processes is acting as a major growth-inducing factor. Furthermore, the growing number of petrochemical plants across numerous countries are impelling the market growth. In addition to this, the widespread adoption of industrial pumps in wastewater management and the increasing utilization of submersible pumps for pumping excess water in the construction sites are positively influencing the market growth. Moreover, various technological advancements are providing a boost to the market growth. In line with this, the integration of the Internet of Things (IoT) with the manufacturing process of industrial pumps for reducing human interference is creating a positive outlook for the market. Other factors, including rapid industrialization, continuous product innovations and extensive research and development (R&D) activities conducted by key players, are further contributing to the market growth. Looking forward, the market is anticipated to reach a value of US$ 83.4 Billion by 2027, growing at a CAGR of 6.1% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/industrial-pumps-market

Report Description and Highlights

Report Description Key Market Segmentation

The research report includes the following segments:

Breakup by Product:

•Centrifugal Pump • Axial Flow Pump • Radial Flow Pump • Mixed Flow Pump •Positive Displacement Pump • Reciprocating • Rotary • Others •Others

Report Description and Highlights

Report Description

Breakup by Distribution Channel: •Online •Offline

Breakup by Application: •Oil and Gas •Chemicals •Construction •Power Generation •Water and Wastewater •Others

Report Description and Highlights

Report Description Breakup by Region:

•North America (United States, Canada) •Europe (Germany, France, United Kingdom, Italy, Spain, Others) •Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) •Latin America (Brazil, Mexico, Others) •Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others) Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/request?type=report&id=4454&flag=E

Report Description and Highlights

Report Description Competitive Landscape: • • • • • • • • • • • • •

Dover Corporation Ebara Corporation Flowserve Corporation Grundfos Holding A/S ITT Inc. Iwaki Co. Ltd. KSB SE & Co. KGaA Schlumberger Limited SPX Flow Inc. Sulzer Ltd. The Weir Group PLC Vaughan Co. Inc. Xylem Inc.

Key Questions Answered in the Report

Report Description

Key Questions Answered in This Report:

•How has the global industrial pumps market performed so far and how will it perform in the coming years? •What has been the impact of COVID-19 on the global industrial pumps market? •What are the key regional markets? •What is the breakup of the market based on the product? •What is the breakup of the market based on the distribution channel? •What is the breakup of the market based on the application? •What are the various stages in the value chain of the industry? •What are the key driving factors and challenges in the industry? •What is the structure of the global industrial pumps market and who are the key players? •What is the degree of competition in the industry?

Report Description 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology

3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends

Table of Contents

Report Description

Table of Contents

5 Global Industrial Pumps Market 5.1 5.2 5.3 5.4

Market Overview Market Performance Impact of COVID-19 Market Forecast

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

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Report Description and Highlights

Report Description

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