Global Heavy-duty Pumps Market by Pump Type, Product Type and Application - Opportunities to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The “Heavy-duty Pumps Market by Pump Type, Product Type and Application - Global Opportunity Analysis and Industry Forecast, 2018-2025” report has been added to ResearchAndMarkets.com’s offering.
The global heavy-duty pumps market was valued at $12,823 million in 2017, and is expected to reach at $19,522 million by 2025, growing at a CAGR of 5.4% during the forecast period. The centrifugal pump segment accounted for more than four-fifth of the market share in 2017 and is expected to witness significant growth during the forecast period.
There is an increase in demand for the machines, owing to the rise in demand for portable water, globally. In addition, high efficiency and reliability offered by these pumps to transfer different products are expected to propel the market growth. However, increase in environmental protection activities due to rapid increase in pollution restrain the market growth.
Key FindingsBased on end-user industry, the processing industry segment dominated the market in terms of revenue in 2017, and is projected to grow at a CAGR of 5.7% during the forecast period. The centrifugal pump segment based on the pump type generated the highest revenue in 2017, and is estimated to grow at the rate of 5.6%.
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Heavy-Duty Pumps Market, by Pump Type
Chapter 5: Heavy-Duty Pumps Market, by Product Type
Chapter 6: Heavy-Duty Pumps Market, by End-User Industry
Chapter 7: Heavy-Duty Pumps Market, by Region
Chapter 8: Company ProfilesAlfa Laval Ebara Corporation General Electric Company Gardner Denver Inc. Flowserve Corporation Grundfos KSB SE & Co. ITT Inc. Sulzer Ltd. The Weir Group PLC
For more information about this report visit https://www.researchandmarkets.com/research/zwks44/global_heavyduty?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005521/en/
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SOURCE: Research and Markets
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PUB: 08/09/2018 10:55 AM/DISC: 08/09/2018 10:55 AM