Market Summary
Research Methodology on Pumps Market
Introduction
A research methodology is an important tool for conducting a research report. Its purpose is to offer a structured approach to research and answer the questions in the given research report. The process used in this research includes collecting, interpreting, and understanding the data collected from the given sources. This research methodology also involves the use of analytical tools and techniques to use the data collected in developing the market analysis. The research methodology used in this report is focused on market studies that involve the collection of data related to the market size and its potential development.
Research Design
The research design adopted in this research report is a qualitative approach. This involves using primary and secondary sources of data such as in-depth interpretation of a variety of content sources such as magazines, journals, papers, and other online resources. It also takes into account opinion-based surveys which assess the parameters used in the study. The collected data is then analyzed to conclude.
Data Collection
The data collection used in this research report involves the use of both primary and secondary sources. The primary sources of data are the interviews conducted with pump industry experts and the data obtained from pump companies. The secondary sources of data are the market research reports, company websites, press releases, company databases, published reports and documents related to the pumps industry. The data collected from both primary and secondary sources is then analyzed to conclude.
Data Analysis
The collected data is analyzed using statistical tools such as Excel and others. This analysis is done to identify the factors affecting the development of the market. The data analysis process also involves the use of descriptive statistics such as mean values, distribution, frequency tables, and other related measures. This analysis is done to capture the trends of the market. The analysis is then used to predict future developments in the market.
Conclusion
This research uses a comprehensive research methodology which includes primary and secondary sources of data collection and statistical analysis to draw conclusions. The research identifies the factors affecting the development of the pump market and made predictions about its future growth. The research has also shown that the presence of different competitors has a significant impact on the market. The report is expected to help the readers to gain a better understanding of the pumps market.
Market Size & Forecast
Report Attribute/Metric | Details |
Market Size 2023 | USD 50.15 billion |
Market Size 2024 | USD 52.51 billion |
Market Size 2032 | USD 75.82 billion |
Compound Annual Growth Rate (CAGR) | 3.7% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018 & 2020 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, End-User and Region |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | Rundfos (Denmark), Sulzer (Switzerland), Flowserve (US), ITT Corporation (US), Danfoss (Denmark), Ingersoll-Rand (Ireland), The Weir Group (UK), Ebara Corp (Japan), KSB (Germany), Schlumberger (US), Nikkiso Co Ltd (Japan), Wilo AG (Germany) and Roper Industries (US) |
Key Market Opportunities | Expansion of Building and construction |
Key Market Dynamics | Increased demand for water and wastewater treatment Expansion of food and beverage industries |
Major Players
Pumps Type Market Segmentation
Pumps Type Outlook (USD Billion, 2018-2030)
Positive Displacement
Dynamic
Pumps End-User Outlook (USD Billion, 2018-2030)
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Pumps Regional Outlook (USD Billion, 2018-2030)
North America Outlook (USD Billion, 2018-2030)
North America Pumps by Type
Positive Displacement
Dynamic
North America Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
US Outlook (USD Billion, 2018-2030)
US Pumps by Type
Positive Displacement
Dynamic
US Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
CANADA Outlook (USD Billion, 2018-2030)
CANADA Pumps by Type
Positive Displacement
Dynamic
CANADA Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Europe Outlook (USD Billion, 2018-2030)
Europe Pumps by Type
Positive Displacement
Dynamic
Europe Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Germany Outlook (USD Billion, 2018-2030)
Germany Pumps by Type
Positive Displacement
Dynamic
Germany Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
France Outlook (USD Billion, 2018-2030)
France Pumps by Type
Positive Displacement
Dynamic
France Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
UK Outlook (USD Billion, 2018-2030)
UK Pumps by Type
Positive Displacement
Dynamic
UK Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
ITALY Outlook (USD Billion, 2018-2030)
ITALY Pumps by Type
Positive Displacement
Dynamic
ITALY Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
SPAIN Outlook (USD Billion, 2018-2030)
Spain Pumps by Type
Positive Displacement
Dynamic
Spain Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Rest Of Europe Outlook (USD Billion, 2018-2030)
Rest Of Europe Pumps by Type
Positive Displacement
Dynamic
REST OF EUROPE Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Asia-Pacific Outlook (USD Billion, 2018-2030)
Asia-Pacific Pumps by Type
Positive Displacement
Dynamic
Asia-Pacific Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
China Outlook (USD Billion, 2018-2030)
China Pumps by Type
Positive Displacement
Dynamic
China Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Japan Outlook (USD Billion, 2018-2030)
Japan Pumps by Type
Positive Displacement
Dynamic
Japan Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
India Outlook (USD Billion, 2018-2030)
India Pumps by Type
Positive Displacement
Dynamic
India Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Australia Outlook (USD Billion, 2018-2030)
Australia Pumps by Type
Positive Displacement
Dynamic
Australia Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Rest of Asia-Pacific Outlook (USD Billion, 2018-2030)
Rest of Asia-Pacific Pumps by Type
Positive Displacement
Dynamic
Rest of Asia-Pacific Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Rest of the World Outlook (USD Billion, 2018-2030)
Rest of the World Pumps by Type
Positive Displacement
Dynamic
Rest of the World Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Middle East Outlook (USD Billion, 2018-2030)
Middle East Pumps by Type
Positive Displacement
Dynamic
Middle East Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Africa Outlook (USD Billion, 2018-2030)
Africa Pumps by Type
Positive Displacement
Dynamic
Africa Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
Latin America Outlook (USD Billion, 2018-2030)
Latin America Pumps by Type
Positive Displacement
Dynamic
Latin America Pumps by End-User
Oil & Gas
Water & Wastewater
Power Generation
Chemicals
Pharmaceutical
Food & Beverage
Others
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