Global Pumps Market-2016-2020

About the Pump Market

Although overall global growth in the global pump market is likely to be robust, the factors that will fuel this growth will vary from region to region. In emerging economies such as India and China, the growth will primarily be the result of rapid industrialization as investment in the power generation and water infrastructure sectors grows. In the developed countries, improving manufacturing output will enable growth of process manufacturing industries. Oil-producing countries, including those in the Middle East, will benefit from increasing drilling activities. In the US, the improving economy and the boom in hydraulic fracking (fracturing) in the oil and gas sector will contribute to the hike in demand.

Technavio’s analysts forecast the global pump market to grow at a CAGR of 5.47% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global pump market for 2016-2020. To calculate the market size, the report takes into account the revenue generated from the following product segments:
• Centrifugal pumps
• Specialty pumps
• Positive displacement pumps


The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Pump Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Flowserve
• Grundfos
• ITT
• KSB
• Sulzer

Other prominent vendors
• Baker Hughes
• Clyde Union
• Ebara
• Schlumberger
• Weir Group
• Atlas Copco
• Busch
• Gardner Denver
• Pfeiffer
• ULVAC
• GE
• Halliburton

Market driver
• Growing demand for pumps in MENA
• For a full, detailed list, view our report

Market challenge
• Fluctuations in oil and gas industry
• For a full, detailed list, view our report

Market trend
• Next-generation industrial automation
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.