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Global Heavy-Duty Pumps Market Outlook 2022
SKU ID : QYR-19610726 | Publishing Date : 29-Nov-2021
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Heavy-duty pumps are industrial pumps that are designed specially to transfer highly corrosive and abrasive fluids efficiently from one place to another. These pumps are suitable for oil & gas transfer, chemicals transfer, sewage transfer, and other heavy-duty applications. There is an increase in demand for the machine, owing to the rise in demand for portable water, globally. In addition, high efficiency and reliability offered by these pumps to transfer different products are expected to propel the market growth. However, increase in environmental protection activities due to rapid increase in pollution restrain the market growth.
One of the primary drivers for this market is the rapid expansion of crude oil pipelines in several regions across the globe. Pump stations are used for oil pumping operations, through pipelines, from one point to the other. These stations consist of components such as an electrical substation with electric motors facilitated by connecting pipes and valves and electrical equipment storage room. Also, pipelines are the safest and the most efficient mode to transport petroleum products. They can cover long distances on land, underground, or undersea. This mode is much safer and does not attract any environmental concerns. Also, it has been observed that the transportation of petroleum products through trucks and railcars significantly increases the number of vehicles on roads and air pollution. To curtail this rise in air pollution, crude oil pipelines are extremely helpful. This advantage coupled with the rise in the increasing consumption of crude oil is expected to propel the growth of the global heavy-duty pumps market during the forecast period.
Market Analysis and Insights: Global Heavy-Duty Pumps Market
The global Heavy-Duty Pumps market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Heavy-Duty Pumps Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Heavy-Duty Pumps Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Centrifugal
Positive-Displacement
Segment by Application
Processing Industry
Oil and Gas Industry
By Company
Flowserve
Grundfos
KSB
Sulzer
ALFA LAVAL
EBARA
Gardner Denver
Metso
The Weir Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
One of the primary drivers for this market is the rapid expansion of crude oil pipelines in several regions across the globe. Pump stations are used for oil pumping operations, through pipelines, from one point to the other. These stations consist of components such as an electrical substation with electric motors facilitated by connecting pipes and valves and electrical equipment storage room. Also, pipelines are the safest and the most efficient mode to transport petroleum products. They can cover long distances on land, underground, or undersea. This mode is much safer and does not attract any environmental concerns. Also, it has been observed that the transportation of petroleum products through trucks and railcars significantly increases the number of vehicles on roads and air pollution. To curtail this rise in air pollution, crude oil pipelines are extremely helpful. This advantage coupled with the rise in the increasing consumption of crude oil is expected to propel the growth of the global heavy-duty pumps market during the forecast period.
Market Analysis and Insights: Global Heavy-Duty Pumps Market
The global Heavy-Duty Pumps market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Heavy-Duty Pumps Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Heavy-Duty Pumps Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Centrifugal
Positive-Displacement
Segment by Application
Processing Industry
Oil and Gas Industry
By Company
Flowserve
Grundfos
KSB
Sulzer
ALFA LAVAL
EBARA
Gardner Denver
Metso
The Weir Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
