Global Positive Displacement Pumps Market size was valued at US $ 13.2 Bn market in 2022 and is expected to grow at a CAGR of 5.1% to become a US $ 18.7 Bn market by 2029.
Positive Displacement Pumps Market Overview:
This Positive Displacement Pumps Market study looks at current and emerging industry trends and dynamics in the global Positive Displacement Pumps market. Positive Displacement Pumps Extensive market forecasting for the major market segments is carried out between 2022 and 2029. Extensive Positive Displacement Pumps market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Positive Displacement Pumps market, key players are profiled and their strategies are thoroughly evaluated.
Market Scope:
The analysis contains a current examination of the present Positive Displacement Pumps market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Positive Displacement Pumps market environment. Increased demand for Positive Displacement Pumps is driving the market. The Positive Displacement Pumps market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
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Segmentation:
Gear pumps: These pumps are made of revolving gears that trap and shift fluid between their teeth to produce a fixed-volume flow. They can also be divided into two categories: internal gear pumps, which carry fluid between the internal and external gears, and external gear pumps, which carry fluid between the teeth of the external gear and the pump housing. Because of their affordability, dependability, and ease of use, gear pumps are extensively utilized in many different industries. They are used in a variety of industries, including food and beverage, chemical processing, automotive, and oil and gas. The requirement for small, low-maintenance pump solutions, the necessity for effective fluid transfer, and rising industrial production are the key drivers of the gear pump market.
Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market’s major influencing factors, as well as complete company profiles of
• Xylem Inc. (United States)
• Flowserve Corporation (United States)
• Dover Corporation (United States)
• Graco Inc. (United States)
• Colfax Corporation (United States)
• Grundfos Holding A/S (Denmark)
• KSB SE & Co. KGaA (Germany)
• Sulzer Ltd (Switzerland)
• Wilo SE (Germany)
• DESMI A/S (Denmark)
Regional Analysis:
Individual market influencing variables and changes in market laws that impact present and future market trends are also included in the regional segment of the Positive Displacement Pumps market study. Data points such as downstream and upstream value chain analysis, technology trends, porter’s five forces analysis, and case studies are just a few of the indicators utilized to anticipate market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
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COVID-19 Impact Analysis on Positive Displacement Pumps Market:
The COVID-19 epidemic has had a significant impact on the global Positive Displacement Pumps industry. Positive Displacement Pumps Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Positive Displacement Pumps market to decelerate in 2020. The negative impact of COVID-19 on the Positive Displacement Pumps market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2022, owing to increased demand for Positive Displacement Pumps.
Key Questions Answered in the Positive Displacement Pumps Market Report are:
- Which segment was responsible for the largest share in the Positive Displacement Pumps market?
- How was the competitive scenario of the Positive Displacement Pumps market in 2022?
- Which are the key factors responsible for the Positive Displacement Pumps market growth?
- Which region held the maximum share in the Positive Displacement Pumps market in 2022?
