© 2017 Global Market Insights, Inc. USA. All Rights Reserved Pumps Market by Technology and Application during

 Driven by unprecedented growth in the global construction and oil & gas sectors, pumps market has registered considerable proceeds since the last few years. Specifically in the oil & gas industry, robustly designed pumps are required for applications like gasoline transfer, injection tasks, chemical transfer or steam stripping. The product, traditionally driven by fixed speed electric motors, offers enough momentum to transport oil and other fluids from one location to another. However, pumps driven by a variable speed electric motor drive system are now considered a better option in most cases.  Powered by a widespread application portfolio, spanning the municipal, construction, O&G, mining, and industrial sectors, pumps industry trends are set for a major upheaval in the ensuing years. By 2025, it is anticipated that the global pumps market size may exceed a mammoth $91 billion.  In a bid to tackle global climate changes and widespread droughts, the wastewater management sector has, of late, registered increased demand for pumps. Wastewater treatment is vital in the residential, commercial as well as in industrial sector, across the chemical, pharmaceutical, food processing, manufacturing and several other domains, as it can potentially remove bacteria and other chemicals that can cause severe harm to humans and environment. © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Pumps Market Scenario:

 Pumps have their footprints in a range of applications including mining, oil & gas, industrial, municipal and in many other areas. Oil & gas industry is one of the key end-user sectors owing to its variety of feature and use upstream activities as well as in midstream operations. The other segment that have use of pumps is mining industry as mining operations requires huge pumping systems for dewatering operations before mining starts as well as for washing purposes of the extracted hydrocarbon, thereby propelling demand for overall pump market.  However, irrespective of different industries employing different types of treatment processes, all wastewater and sewage treatment plants commonly depend on wastewater pumps for undertaking their operations. These pumps are used to move wastewater from the collection pit to the treatment plant and back, and once purified, is used to move the treated water to places where it is required or to a storage tank. The demand for pumps is expected to escalate with the rising number of initiatives from private and public sector bodies targeted at wastewater treatment, thus charting out a profitable growth graph for the global pumps market. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for a Sample Copy of this

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This  Competitive Analysis:  Global pumps market covers various medium and large-scale manufacturers in the industry. Key players in pumps market include Kirloskar Brothers Ltd., Xylem Inc., Atlas Copco, MultiQuip, Gorman Rupp, Magnum, Wacker Neuson, Generac, Gardner Denver, Grundfos, Sulzer Ltd., Flowserve Corporation, Ebara Corporation, Shimadzu Corporation, Schlumberger, Baker Hughes etc.  Regional Analysis:  Asia pacific is the strongest market among all for pumps industry accounting for a market share of close to 52% in 2018, as the region comprises of a number of local as well as medium scale enterprises engaged in the business of manufacturing and selling different types of pumps and their equipment. Furthermore, the region has been experiencing a tremendous growth in its industrial sector which in turn is triggering the demand for pumps in agricultural, food, chemical, pharmaceutical and in other application areas.

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