Los Angeles, CA -- (SBWIRE) -- 04/23/2019 -- Progressing Cavity Pump (PCP) systems are designed to produce heavy and viscous crudes up to 1,000cSt in low-production and deviated wells with low inflow, high GOR at the pump intake, scales and solids, providing the long term and reliable operation, impossible to achieve by ESP or other Artificial Lift Systems.

The Progressing Cavity Pumps mainly includes Dosing, Flanged, Hopper, Food Grade, etc.. The Food Grade PCP occupies the biggest part of the production. The main production base is located in Europe, so Europe is the largest production region in the world.

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The global sales of Progressing Cavity Pumps in 2016 have been over 433.5 K Units; the gross margin was 22.60%.

The technology of the Progressing Cavity Pumps is not difficult. And PCP manufacturers is mainly in North America and Europe, and their product can meet the high-end consumer's demand.

The global Progressing Cavity Pumps market was 880 million US$ in 2018 and is expected to 1240 million US$ by the end of 2025, growing at a CAGR of 4.3% between 2019 and 2025.

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This report studies the Progressing Cavity Pumps market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Progressing Cavity Pumps in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Halliburton

Schlumberger

Sulzer

Seepex

General Electric (Baker Hughes)

Netzsch

Weatherford

Borets

PCM

CIRCOR (Colfax Fluid Handling)

ITT Bornemann

THE VERDER

Csf

JOHSTADT

Pumpenfabrik Wangen

Nova rotors

VARISCO

BELLIN

Sydex

By the product type, the market is primarily split into

Dosing Pump

Flanged Pump

Hopper Pump

Food Grade

Others

By the end users/application, this report covers the following segments

Oil & Gas

Food & Beverage

Water & Wastewater Management

Others

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