Global Engineered Pumps Market is projected to post significant growth by 2023 owing to the growing technological advancements in pumping systems to meet the rising demand of water scarcity. Moreover, the rising concerns over water scarcity globally, has forced the governments to take preventive steps to curb water wastage and introduce water recycling and wastewater treatment, which in turn drives the Global Engineered Pump Market during the forecast period. Factors such as rapid urbanization and industrialization coupled with the increasing adoption across various end-use industries like irrigation, building services, power, oil & gas, chemical will ensure growth of the Engineered Pumps Market in the coming years. Asia-Pacific region is expected to dominate the Engineered Pumps market during the forecast period, due to rising government initiatives to ensure clean and safe water supply, rapid industrialization and urbanisation in the emerging economies in the region like China, Japan and India. The major players in the market are Sulzer, Kirloskar Brothers Limited, Flowserve Corporation Gorman Rupp, SMI, SPP Pumps, among others.
Years considered for this report
Historical Years2013-2016
Base Year2017
Estimated Year2018
Forecast Period2018–2023
Objective of the Study
- To analyse and forecast the market size of Global
Engineered Pumps Market, in terms of value and volume.
- To classify and forecast Global Engineered
Pumps based on type, application, end-use and regional distribution.
- To identify drivers and challenges for Global Engineered
Pumps Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Global
Engineered Pumps Market.
- To conduct the pricing analysis for Global Engineered
Pumps Market.
- To identify and analyse the profile of leading
manufacturers involved in the Global Engineered Pumps Market.
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Some of the leading players in the Global Engineered Pumps Market are Kirloskar Brothers Limited,
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of
Market Insights Research calculated the market size of Global Engineered Pumps Market using a bottom-up approach, where value data for power line were recorded and forecast for the future years. Market Insights Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by Market Insights Research.
Key Target Audience
- Engineered
Pumps Manufacturers.
- Dealers
and Suppliers
- Traders
and Distributors
·
- Research
organizations and consulting companies.
- Government
Institutions.
- Market
research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, vendors, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
