Zion Market Research, the market research group announced the analysis report titled 'Sea Water Pumps Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024'
Sarasota, FL -- (SBWIRE) -- 09/18/2017 -- Sea Water Pumps Market: Overview
The sea water pumps are used mainly for the relocation or the circulation of the sea water aboard (ships) for use in different applications. These pumps have a lot of applications such as the ballast transferring, firefighting, bilge pumping, high-pressure deck washing, and others. In some of the smaller vessels, the sea water pumps are used for a variety of the general service applications.
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Sea Water Pumps Market: Facts
The market player KSB introduced the Multitec-RO pump which is primarily intended for the use in the small- to medium-sized installations which are present in the hotels and large ships or for the transportable installations in the containers. With a maximum flow rate of 850 m3 /h and the discharge head of up to 800 M the original Multitec-RO pump series is being used in several applications.
Sea Water Pumps Market: Segmentation
The global market for the sea water pumps is fragmented into its operation, orientation, and pressure rating. Based on the operation, the global market is segregated into electric, hydraulic, air, and engine. Based on the orientation, the market is divided into immersed, horizontal, and vertical. Based on the pressure rating, the market is divided into above 501M, 351M–500M, 151M–350M, 51M–150M, and below 50M.
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Sea Water Pumps Market: Growth Factors
The major factors that are driving the sea water pumps market are the rise in the growth of the ship manufacturing sector, growth in the international trade, and the strict emission laws affect the growth of the sea water pumps market positively. Other factors that are positively influencing the growth of the market are rising awareness about the supply of the water that is uncontaminated and the distillation and treatment of the sea water. The use of the metals such as bronze and other types of metals that can resist corrosion in the production of the pumps is increasing the opportunities in the market. The factors that will limit the growth of the market are the high cost and the regular maintenance that is required and the inadequate availability of the after-sales services.
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Sea Water Pumps Market: Regional Analysis
The region that is dominating the sea water pumps market is Asia Pacific region. The developing nation China holds the major market share in terms of value and will the market will expand widely in the coming years. Other countries such as South Korea, India, and Japan are also contributing a good share in the growth of the sea water pumps market. Other factors that are influencing the growth of the market in Asia Pacific region are high growth in the power industry and increasing awareness about the water and wastewater treatment. There is a good rate of market growth in Europe and North American regions. The factors that favor the growth in these regions are a strong presence of well-settled manufacturers of sea water pumps and the high consumption.
Sea Water Pumps Market: Competitive Players
The key market players that are involved in the sea water pumps market include Lenntech B.V., Sundyne, Water tax, Tsurumi Manufacturing Co. Ltd., Crest Pumps Ltd., Rotech Pumps & Systems Inc., Dab Pumps Spa, AxFlow Holding AB, Desmi A/S, Wenesco, Inc., Wanner Engineering Inc., KSB Aktiengesellschaft, and Torishima Pump Mfg. Co. Ltd.
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