Overview:
An industrial pump is a device used to transfer fluids (gases or liquids), or sometimes semi-liquid mixture by mechanical action. A positive displacement pump is a type of industrial pump used to displace or transfer fluid from the inlet pressure division into the discharge tube/pipe. Unlike centrifugal pumps, positive displacement pumps transfer fluids at the same speed irrespective of the pressure. In addition, advantages offered in form of better suction capacity and capability to handle high viscosity and pressure make positive displacement pumps suitable to be used across wide range of industry verticals including oil and gas, chemicals, water and wastewater, food and beverage, industrial machinery, pharmaceutical, power generation, mining, pulp and paper aerospace, automotive, agriculture, and construction. The global positive displacement pumps market is moderately matured and is expected to witness steady growth during the forecast period 2016 – 2023.
The global positive displacement market is expected to grow from US$ 2.61 Bn in 2014 to US$ 4.12 Bn in 2023, growing at a CAGR of 5.5% during the forecast period 2016 – 2023.
This report analyzes the global positive displacement pumps market in terms of type, end-use application, and geography. Based on type, the global positive displacement pumps market is segregated into rotary pumps (gear pumps, lobe pumps, vane pumps, and progressing cavity/multiple screw pumps), reciprocating pumps, and peristaltic pumps. Similarly, on the basis of end-use application, the global market for positive displacement pumps is further classified into oil and gas, chemicals, water and wastewater, food and beverage, pharmaceutical, power generation, and other end-use applications (pulp and paper, automotive, construction, etc.). The geographical distribution of the global Positive Displacement pumps market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
1.1 Report Description
Purpose of the Report
The purpose of this strategic research study titled “Global Positive Displacement Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the positive displacement pumps market.
1.1.1 Target Audience
1.1.2 USP and Key Offerings
The report titled “Global Positive Displacement Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global positive displacement pumps market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on type, application, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading positive displacement pump manufacturers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global positive displacement pumps market, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.