Dublin, Feb. 13, 2024 (GLOBE NEWSWIRE) -- The "Pump Market Report: Trends, Forecast and Competitive Analysis to 2030" report has been added to ResearchAndMarkets.com's offering.
The global pump market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
The future of the global pump market looks promising with opportunities in the agriculture, construction & building service, water & wastewater, power generation, oil & gas, and chemical markets. The major drivers for this market are growing investments in the oil & gas sector, technological advancements in pump manufacturing, and rising demand for water treatment facilities across the globe.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pump companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.
Pump Market Insights
- Centrifugal pump will remain the larger segment over the forecast period due to its increasing adoption for low-pressure and high-capacity pumping applications.
- Within this market, agriculture will remain the largest segment due to increasing utilization of pumps for various purposes within the agriculture sector like irrigation, dewatering of crops, and reuse.
- APAC is expected to witness highest growth over the forecast period due to swift industrialization and rising investments in the chemical, petrochemical, and construction industries of the region.
Features of the Global Pump Market
- Market Size Estimates: Pump market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Pump market size by product, application, and region in terms of value ($B).
- Regional Analysis: Pump market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the pump market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pump market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Key Topics Covered:
1. Executive Summary
2. Global Pump Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Pump Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Pump Market by Product
3.3.1: Centrifugal Pump
3.3.2: Positive Displacement Pump
3.3.3: Others
3.4: Global Pump Market by Application
3.4.1: Agriculture
3.4.2: Construction & Building Services
3.4.3: Water & Wastewater
3.4.4: Power Generation
3.4.5: Oil & Gas
3.4.6: Chemical
3.4.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Pump Market by Region
4.2: North American Pump Market
4.2.2: North American Pump Market by Application: Agriculture, Construction & Building Services, Water & Wastewater, Power Generation, Oil & Gas, Chemical, and Others
4.3: European Pump Market
4.3.1: European Pump Market by Product: Centrifugal Pump, Positive Displacement Pump, and Others
4.3.2: European Pump Market by Application: Agriculture, Construction & Building Services, Water & Wastewater, Power Generation, Oil & Gas, Chemical, and Others
4.4: APAC Pump Market
4.4.1: APAC Pump Market by Product: Centrifugal Pump, Positive Displacement Pump, and Others
4.4.2: APAC Pump Market by Application: Agriculture, Construction & Building Services, Water & Wastewater, Power Generation, Oil & Gas, Chemical, and Others
4.5: ROW Pump Market
4.5.1: ROW Pump Market by Product: Centrifugal Pump, Positive Displacement Pump, and Others
4.5.2: ROW Pump Market by Application: Agriculture, Construction & Building Services, Water & Wastewater, Power Generation, Oil & Gas, Chemical, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Pump Market by Product
6.1.2: Growth Opportunities for the Global Pump Market by Application
6.1.3: Growth Opportunities for the Global Pump Market by Region
6.2: Emerging Trends in the Global Pump Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Pump Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Pump Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: SLB
7.2: Ingersoll Rand
7.3: The Weir Group
7.4: Vaughan Company
7.5: Pentair
For more information about this report visit https://www.researchandmarkets.com/r/zbqedq
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