Global Francis Turbine Pumps Market is anticipated to witness growth at a robust CAGR by 2023 owing to the growing installation of water recycling and wastewater treatment plants by governments globally to curb the growing concerns over water pollution and water scarcity. Francis Turbine Pumps are increasingly being used across various end-use industries like waste water treatment plants, oil & gas, chemicals, pulp and paper manufacturing, food and beverages, mining, power etc which is expected to fuel the growth of the market during the forecast period. Moreover, factors such as rising industrialization, flourishing agricultural industry and the rising need for technologically advanced pumping systems will ensure growth of the Francis Turbine Pumps Market in the coming years. Asia-Pacific is expected to dominate the Francis Turbine Pumps market by 2023, due to increasing adoption of pumps in the agricultural sector, coupled with the government initiatives to ensure clean and safe water supply in constituent regions like China, Japan and India.
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
Francis Turbine Pumps Market, in terms of value and volume.
- To classify and forecast Global Francis
Turbine Pumps based on application, end-use and regional distribution.
- To identify drivers and challenges for Global Francis
Turbine Pumps Market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Global
Francis Turbine Pumps Market.
- To conduct the pricing analysis for Global Francis
Turbine Pumps Market.
- To identify and analyse the profile of leading
manufacturers involved in the Global Francis Turbine Pumps Market.
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Some of the leading players in the Global Francis Turbine Pumps Market are Flowserve Corporation, Kirloskar Brothers Limited, KSB Group, Ruhrpumpen, Grundfos, Gorman Rupp, SMI, SPP Pumps, Xylem, Hydroflo Pumps etc.
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 Francis Turbine 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
- Francis
Turbine 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.