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.
One of the latest trends gaining traction in this market is the growth in the adoption of smart pumps. The next-generation automation will facilitate each component of a pumping system to have an internet protocol (IP) address. Also, this will enable effective communication via embedded intelligence. All the components, including the pump, pipes, control valves, the control system, and other instruments is able to interact in the real-time, enabling overall optimized productivity. These enhancements in technology are expected to fuel the growth of the global heavy-duty pumps market in the coming years.
In 2019, the market size of Heavy-Duty Pumps is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Heavy-Duty Pumps.
This report studies the global market size of Heavy-Duty Pumps, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Heavy-Duty Pumps production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Flowserve
Grundfos
KSB
Sulzer
ALFA LAVAL
EBARA
Gardner Denver
Metso
The Weir Group
Market Segment by Product Type
Centrifugal
Positive-Displacement
Market Segment by Application
Processing Industry
Oil and Gas Industry
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Heavy-Duty Pumps status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Heavy-Duty Pumps manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Heavy-Duty Pumps are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Heavy-Duty Pumps. Industry analysis & Market Report on Heavy-Duty Pumps is a syndicated market report, published as Global (United States, European Union and China) Heavy-Duty Pumps Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Heavy-Duty Pumps market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.