The Metering Pumps Global Market Report 2023, provides comprehensive information on the metering pumps market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Metering Pumps Global Market Report 2023, the market size is expected to grow from $5.70 billion in 2022 to $6.05 billion in 2023 at a compound annual growth rate (CAGR) of 6.06%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global metering pumps market size is expected to grow to $7.42 billion in 2027 at a CAGR of 5.2%.
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Technological advancement is a key trend gaining popularity in the metering pumps market. Companies in the market are focusing on leveraging connected technologies and data analysis to develop better and energy-efficient metering pumps. For instance, in May 2022, SEKO, a US-based chemical dosing pump manufacturer, announced the release of KommBox, a device that physically connects to compatible SEKO metering pumps to enable them to connect to the internet and give operators the power to remotely monitor and control their process. KommBox allows users to get a comprehensive view of their expenses, make programming modifications, monitor system performance and chemical usage in real time, and analyze past data.
The metering pumps market is segmented:
1) By Type: Diaphragm, Piston/Plunger, Other Types
2) By Sales: Direct, Distribution Channel
3) By End-Use Industry: Water Treatment, Petrochemicals And Oil and Gas, Automotive, Chemical Processing, Pharmaceuticals, Food And Beverage, Pulp And Paper, Textile, Other End-Use Industries
North America was the largest region in the metering pumps market in 2022.
The table of contents in TBRC’s metering pumps market report includes:
1. Executive Summary
2. Metering Pumps Market Characteristics
3. Metering Pumps Market Trends And Strategies
4. Metering Pumps Market – Macro Economic Scenario
5. Metering Pumps Market Size And Growth
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26. Africa Metering Pumps Market
27. Metering Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Metering Pumps Market
29. Metering Pumps Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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