Pumps Market Trends Research and Projections till 2025

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Pumps Market Status and Development Trends during
2019- 2025
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• Pumps Market Scenario

• Rapid industrialization in Asia Pacific has
  increased investment in water wastewater
  treatment and several end-use industries such as
  mining, oil gas, building construction,
  pharmaceutical, chemical, food beverages,
  agriculture, etc. in which pumps find their
  extensive applications in daily business
  operations.
• Global pumps market is mainly driven by increase
  in fixed investment in developed countries and
  rapid industrialization in developing countries
  in Asia Pacific, Latin America and parts of
  Eastern Europe.
• Pumps Market size will surpass USD 91 billion by
  2025 according to a new research report by
  Global Market Insights, Inc.
• Spending in the fixed investment makes easy for
  the manufacturers to upgrade and expand their
  manufacturing facilities which involves the
  applications of pumps for several purpose. This
  trend of increasing fixed investment in developed
  countries is expected to continue and anticipated
  to boost the global pumps market size during the
  forecast period.

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• Asia Pacific construction industry is forecast to
  expand at over 5 CAGR over the forecast
  timeframe mainly due to strong government
  initiatives to enhance public infrastructure and
  escalating residential construction in countries
  such as India and Indonesia.
• Presently Asia Pacific is the leader in global
  market which is followed by Europe. Asia Pacific
  pumps market size was valued over USD 36 billion
  in 2018 which is expected to grow with highest
  CAGR close to 3 from 2019 to 2025.
• Portable pumps are small in size and are
  generally used in emergency applications such as
  fire brigade and other industrial applications
  such as industrial dewatering. In 2018, portable
  pumps market valued over USD 13 billion and is
  expected to grow at a CAGR of 2.6 during
  20192025.

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• Regional Analysis

• Global pumps market is mainly driven by increase
  in fixed investment in developed countries and
  rapid industrialization in developing countries
  in Asia Pacific, Latin America and parts of
  Eastern Europe. Spending in the fixed investment
  makes easy for the manufacturers to upgrade and
  expand their manufacturing facilities which
  involves the applications of pumps for several
  purpose. This trend of increasing fixed
  investment in developed countries is expected to
  continue and anticipated to boost the global
  pumps market size during the forecast period.

• Competitive Analysis

• Global pumps market share is majorly accounted
  with several medium and large scale manufacturers
  in the market. Key players in the 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.

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