The global Pumps Market size is estimated to be valued at USD 86.46 billion in 2023 and is projected to reach USD 121.99 billion by 2030, recording a CAGR of 3.9%.

A comprehensive examination of the recently released research report from Exactitude Consultancy, titled “Global Pumps Market Size, Share, Pricing, Trends, Growth, Opportunities, and Forecast 2024-2030” is presented. This study encompasses essential insights into the target market, including projections regarding potential revenue, customer demands, regional assessments, and the principal elements poised to influence the market’s future trajectory. The report offers insights into prominent companies operating in the industry, newcomers to the market, supply chain innovations, financial considerations, noteworthy industry events, technological advancements, and forthcoming strategies, including mergers and acquisitions. To present readers with a holistic perspective of the market, the report categorizes the global Pumps market based on criteria such as type, applications, distribution channels, geography, and more.

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Year Considered to Estimate the Market Size:

·         Base Year of the Analysis: 2023

·         Historical Period: 2018-2023

·         Forecast Period: 2024-2030

Competitive Landscape

The Pumps market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Pumps market.

Leading Key players included in this Report are:

Major players in the Pumps Market are identified through secondary research and their market revenues determined through primary and secondary research are: Schlumberger Ltd, Ingersoll Rand, Weir Group PLC, Vaughan Company Inc, KSB SE & Co. KGaA, Pentair, Grundfos Holding A/S, Xylem, Flowserve Corporation and ITT Inc. among other domestic.

In June 2021, the Verder Group, a Dutch company involved in the manufacturing and distributing pumps and laboratory equipment, announced the acquisition of the Jabsco rotary lobe pump product line from Xylem. The acquisition is expected to strengthen Verder’s group offering in the pharmaceutical and food & beverage market.

In April 2021, IDEX Corporation signed a definitive agreement to acquire Airtech Group Inc., US Valve Corporation and related entities from investment funds managed by EagleTree Capital for a cash consideration of USD 470 million. Airtech manufactures and designs a wide range of engineered pressure technology, including positive displacement vacuum pumps, regenerative blowers, compressor systems, and valves.

Pumps Market Segmentation:

Pumps Market by Product Type, 2024-2030, (In USD Million)

Centrifugal Pump

Positive Displacement Pump

Pumps Market by Application, 2024-2030, (In USD Million)

Agriculture

Building & Construction

Waste & Wastewater

Power Generation

Oil & Gas

Chemical

Explore Full Report With Table of Contents:

https://exactitudeconsultancy.com/reports/3167/pumps-market/

Regional Outlook:

◘ North America (United States, Canada, and Mexico)

◘ Europe (Germany, France, UK, Russia, and Italy)

◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

◘ South America (Brazil, Argentina, Colombia, etc.)

◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Important Features that are under offering & key highlights of the report:

- Detailed overview of Pumps market

- Changing market dynamics of the industry

- In-depth market segmentation by Type, Application, etc.

- Historical, current and projected market size in terms of volume and value

- Recent industry trends and developments

- Competitive landscape of Pumps market

- Strategies of key players and product offerings

- Potential and niche segments/regions exhibiting promising growth

- A neutral perspective towards Pumps market performance

- Market player’s information to sustain and enhance their footprint

Key Benefits:

⏩ This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Pumps market.

⏩ A descriptive analysis of demand-supply gap, estimation and forecast in the global Pumps market.

⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Pumps Market.

Following are some of the Most Important Questions that are Answered in this Report:

➟ What are the key regulatory frameworks governing significant sectors within the Pumps Market?

➟ Which technological advancements are exerting the most significant influence on the projected growth of the global Pumps Market?

➟ Who are the leading global enterprises currently exerting significant control over the majority of the Pumps Market?

➟ What primary business models are typically employed by the major companies in this market?

➟ What are the pivotal factors expected to impact the global expansion of the Pumps Market?

➟ How do major companies operating in the global Pumps Market space incorporate crucial strategies?

➟ What are the existing revenue contributions of various product categories in the global Pumps Market, and what changes are anticipated in this regard?

Why Choose Exactitude Consultancy’s Market Report?

·         Unbiased conclusions and market insights.

·         24×7 customer service available to address client queries.

·         Highly efficient and experienced team of analysts striving to create top-quality reports.

·         Our reports have facilitated the growth of over 500 companies.

·         The systematic and methodical market research process.

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