Global Trend Shows Heavy-Duty Pumps Market to Reach 19,522 Million $US by 2024
Researchbeam.com has added a new “Heavy-duty Pumps Market by Pump Type, Product Type and Application - Global Opportunity Analysis and Industry Forecast, 2018-2025” research report focusing on global major leading players with information such as company profiles, market trend, share and forecast.
Portland, OR -- (SBWire) -- 07/03/2018 --The global heavy-duty pumps market is segmented based on pump type, product type, end-user industry, and region. Based on pump type, the market is categorized into centrifugal pump and positive-displacement pump. The centrifugal pump segment is anticipated to dominate the global market throughout the study period. Based on product type, the market is categorized into crude oil, fuel oil, asphalt, and others. The crude oil segment is projected to dominate the global market throughout the study period. Based on end-user industry, the market is categorized into oil, gas, & power, processing, and others. The processing segment accounts for the maximum market share.
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Factors such as operational proficiency and enhanced productivity offered by heavy-duty pumps, and stringent energy-saving government rules & regulations to monitor the pumps manufacture propel the demand for heavy-duty pumps globally. Moreover, worldwide increase in consumption of oil & gas products is estimated to drive the market growth. However, unstable prices of raw materials and oil products is a major challenge faced by the players operating in the industry. Growth in demand for water & wastewater management globally offer lucrative opportunities for the players in the heavy-duty pumps industry.
The report includes the study of heavy-duty pumps market. The global heavy-duty pumps market size was $12,823 million in 2017, and is projected to reach $19,522 million in 2025, growing at a CAGR of 5.4%. A heavy-duty pump is specially designed to handle liquids that are of low and high viscosities. The design of heavy-duty pumps is flexible, and each pump is tailor made or is a part of a small series. It is designed and constructed completely according to the customer's specifications.
The global heavy-duty pumps market is analyzed across four geographical regions, i.e., North America (U.S., Canada, and Mexico), Europe (Germany, Russia, France, the UK, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific is expected to dominate the market throughout the forecast period and is projected to grow at the fastest rate, followed by LAMEA.
- CHAPTER 1: INTRODUCTION
- CHAPTER 2: EXECUTIVE SUMMARY
- CHAPTER 3: MARKET OVERVIEW
- CHAPTER 4: HEAVY-DUTY PUMPS MARKET, BY PUMP TYPE
- CHAPTER 5: HEAVY-DUTY PUMPS MARKET, BY PRODUCT TYPE
- CHAPTER 6: HEAVY-DUTY PUMPS MARKET, BY END-USER INDUSTRY
- CHAPTER 8: COMPANY PROFILE
Top manufacturers have been profiled in this research report such as alfa Laval, Ebara Corporation, General Electric Company, Gardner Denver, Inc., Flowserve Corporation, Grundfos, KSB SE & Co., ITT Inc. and Sulzer Ltd.
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Global Heat Pumps Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
This report focuses on the Heat Pumps in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Daikin, Mitsubishi and Atlantic captured the top three revenue share spots in the Heat Pumps market in 2015. Daikin dominated with 21.83 percent revenue share, followed by Mitsubishi with 8.47 percent revenue share and Atlantic with 7.00 percent revenue share. In the next five years, the global consumption of Heat Pumps will show upward tendency further, consumption is expected in 2020 will be 5814.60 (K units). The average operating rate will remain at 83% to 85%.
In terms of the segment, the Air to Water Monobloc segment was the largest contributor in the Heat Pumps market. In 2014 the Air to Water Monobloc segment amounted for 76.03% revenue share.
Read more on this research report: https://www.researchbeam.com/global-heat-pumps-2018-by-manufacturers-regions-type-and-application-forecast-to-2023-market?utm_source=RW&utm_medium=CC
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