The global positivedisplacement (PD) pumps market value is expected to reach USD
4.2 billion by 2025, according to a new report by Grand View Research,
Inc.Growing opportunities in the water treatment sector are expected to propel
growth of the market.
The volatility in the oil and gas industry
is expected to dip the revenue of large players. However, the demand for
cost-effective and easy-to-install pumps in midstream and downstream is
estimated to balance the overall appetite. The fluctuation in oil prices is
expected to lead the market toward consolidation. Furthermore, the
opportunities in the APAC and MEA regions are likely to generate stable demand
for the product as many refineries across the region are expanding their
capacities. Pump manufacturers are considering to tap this potential through
sustained focus on innovation. With changes in the end-user landscape, which
are influencing a shift from transactional relationships to partnerships,
suppliers are anticipated to employ new business models, such as
analytics-as-a-service and pump-as-a-service, to maintain their position in the
global market.
For instance, Altra Industrial Motion has
announced the acquisition of Guardian Industries to expand its product line of
couplings. Key vendors analyzed in the report are Flowserve, Grundfos, ITT,
Sulzer, and KSB. Merger and acquisition activities continue to be an integral
part of market growth.
Full research report on positive
displacement (PD) pumps market analysis: http://www.grandviewresearch.com/industry-analysis/positive-displacement-pd-pumps-market
Further key findings from the report suggest:
·
The global demand for PD pumps market was
USD 2.8 billion in 2016. The market is expected to grow at a CAGR of around
4.4% from 2017 to 2025 and record a total revenue of over USD 4.2 billion by
2025.
·
Reciprocating pumps was the biggest segment
in the market accounting for 70% of the total revenue in 2016
·
Oil and gas was the largest application
segment with a revenue of over USD 1 billion by 2025, growing at a CAGR of 4.6%
·
APAC is expected to be the largest regional
market with a projected CAGR of 5.5% over the forecast period
·
The industry is dominated by a few
multinational corporations such as Flowserve, ITT, KSB, and Grundfos. Companies
are moving toward strategic mergers and acquisitions to increase their
international presence and gain a significant share.
View
more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/oil-and-gas-drilling-and-extraction-equipments
Grand View Research has segmented the global positive displacement (PD)
pumps market by product, application, and region as follows:
PD Pumps Product Outlook (Revenue, USD
Million, 2014 - 2025)
·
Reciprocating
·
Rotary
·
Others
PD Pumps Application Outlook (Revenue, USD
Million, 2014 - 2025)
·
Oil and Gas
·
Water Treatment
·
Chemical
·
Pharmaceutical
·
Food and Beverages
·
Others
PD Pumps Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
France
·
Asia Pacific
o
China
o
Japan
o
India
·
CSA
o
Brazil
·
Middle East & Africa
o
Saudi Arabia
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-positive-displacement-pd-pumps-market
https://www.grandviewresearch.com/press-release/global-positive-displacement-pd-pumps-market
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
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