Global Water Pump Market Is Boosted by Rising Industrialization and Urbanization

 
SAN FRANCISCO - Sept. 19, 2017 - PRLog -- Global Water Pump Market (https://www.variantmarketresearch.com/report-categories/energy-mining/water-pump-market) Report, published by Variant Market Research, forecast that the global market was valued at $44.3 Billion in 2016 and expected to reach $67.9 Billion by 2024; growing at a CAGR of 5.5% from 2016 to 2024. In geographical segments, Asia-Pacific and RoW anticipated to grow at a fastest CAGR of 6.3% and 5.7%, respectively, over the forecast period 2016 – 2024.

The global water pump market is majorly driven by rising industrialization and urbanization, increasing demand of water pumps from different sectors due to water scarcity in most parts of the world, and increasing disposable income. While, accessibility of substandard products and huge competition may hamper the market growth. Additionally, increasing construction of new water recycling plants, wastewater treatment plants, and brownfield projects would unfold attractive business opportunities for the market in the coming years.

Get Full Access to This Report @https://www.variantmarketresearch.com/report-categories/energy-mining/water-pump-market

The global water pump market has been segmented into technology, end-user and geography. Technology segment contains centrifugal water pump, and positive displacement water pump. In which, centrifugal water pump accounted for the major market share, whereas, positive displacement water pump is estimated to be predominant in the market with fastest CAGR. End user is further segmented into chemical, municipal water and wastewater, oil & gas, energy, and others. Municipal water and wastewater, and chemicals ruled the segment with major market share in 2016.

Get Table of Content (TOC) @https://www.variantmarketresearch.com/report-categories/energy-mining/water-pump-market/toc

North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions covered in the report.  Asia-Pacific accounted for the largest market share of 42.9% in 2016, due to rising disposable income, growing usage of pumps in agriculture sector, and surge in brownfield projects. Asia-Pacific is predicted to grow at a fastest CAGR over the forecast period 2016-2024. Furthermore, Europe accounted for the second position with market share of 22.2% in 2016.

The major key players operating in the global water pump market comprises Sulzer Ltd., Gardner Denver, Inc., Torishima Pump Mfg. Co., General Electric Company, Weir Group PLC, Weatherford International Inc, ITT Inc., PROCON Products, KSB Group, and Kirloskar Brothers Limited, among others.

Click Here to Request a Free Sample PDF of This Report @https://www.variantmarketresearch.com/report-categories/energy-mining/water-pump-market/sample-request

Scope of Water Pump Market

Technology Segments


• Centrifugal Water Pump
• Positive Displacement Water Pump

End-User Segments

• Municipal Water & Wastewater
• Chemical
• Oil & Gas
• Energy
• Other End-Users

Geography Segments

• North America

• U.S.
• Canada
• Mexico

• Europe

• UK
• Russia
• Germany
• France
• Italy
• Others

• Asia-Pacific

• India
• China
• Japan
• South Korea
• Others

• RoW

• South America
• Middle East
• Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

For further information, visithttps://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant-market-research

Contact Us:
Variant Market Research
Web: https://www.variantmarketresearch.com
Tel: +1-415-680-2785
Tel: +91 20 65337795
Fax: +1-415-680-2786
Email: help@variantmarketresearch.com
Email: sales@variantmarketresearch.com
End
Source: » Follow
Email:***@variantmarketresearch.com Email Verified
Tags:Water Pump Market, Energy, Mining
Industry:Energy
Location:San Francisco - California - United States
Subject:Reports
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Variant Market Research News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share