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Follow on Google News | Global Water Pump Market is Expected to Grow at 6% CAGR during 2015 – 2020: P&S Market ResearchBy: P&S Market Research Browse report description with detailed TOC on “Global Water Pump Market Size, Share, Development, Growth and Demand Forecast to 2020” at: https://www.psmarketresearch.com/ The information and data in the publication “Global Water Pump Market Size, Share, Development, Growth and Demand Forecast to 2020” represent the research and analysis of data from various primary and secondary sources. Bottom-up approach has been used to calculate the global water pump market by technology and by end-user. The market numbers for regions are also derived through bottom-up approach. P&S Market Research analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in this report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, aided by informed and detailed online and offline research. Rapid growth of the urban population is creating pressure on the existing water infrastructure which includes delivery of utility water and removal and treatment of wastewater. To overcome this situation, various governments in Asia and Africa are expected to increase their spending on irrigation and drinking water schemes. This, in turn is expected to drive the demand for water pumps in the regions. The impact of rising urban population on water pump market is anticipated to remain high over the next few years. By geography, Asia-Pacific water pump market is expected to witness the fastest growth (6.5% CAGR) globally during 2015 – 2020. Rising level of urbanization, rapid industrialization and rising disposable income are some of the major driving forces for the Asia-Pacific water pumps market, particularly in countries such as India and China. China is the largest market for water pumps in the region; however, India is expected to witness highest growth in the near future. The impact of massive industrialization in developing countries on the water pumps market is anticipated to remain high over the next few years. This is due to rise in demand for water pumps from industries such as oil & gas, chemical, and energy in these countries. The restraints associated with the global water pump market include growing threat from unorganized players in Asia-Pacific. The key companies operating in the global water pump market include Flowserve Corporation, Ebara Corporation, Sulzer Ltd., Grundfos Holding A/S, Kirloskar Brothers Limited, KSB Aktiengesellschaft, Gardner Denver, Inc., ITT Corporation, Torishima Pump Mfg. Co., and The Weir Group PLC. About P&S Market Research P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries. With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions. Contact: Ms Somya Manger – Client Partner 347, 5th Ave. #1402 New York City, NY - 10016 Email: enquiry@psmarketresearch.com US/ Canada Toll-Free: 1-888-778-7886 Web: https://www.psmarketresearch.com End
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