Centrifugal pump Market accounted for the largest market share in 2017 and is expected to grow considerably during the projected period and the same is expected to be the fastest growing region during the forecast period. —
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Rapid urbanization with increased investment in infrastructural development worldwide and rapidly growing waste water treatment plants to overcome shortage of water are primary drivers which will propel the global centrifugal market during the forecast period. However, volatile prices of oil and gas will be a challenging factor for market growth.
The market is analyzed in six regions namely, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific is dominating the market as a result of huge economic growth in industrial infrastructure and increased demand of water due to rapidly growing population in this region.
The Global Centrifugal Pumps Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. The market is segmented into Product type, End User and region. The market is largely driven by expanding industrialization worldwide.
Some of the key players operating in this market Flowserve Corporation, Grundfos Holding A/S, KSB AG, ITT Inc, and Others.
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Key Benefits of the Report:
* Global, Regional, Country, Product type, and End User Market Size and Forecast from 2014-2025
* Detailed market dynamics, industry outlook with market specific PESTLE, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, Product type & End User, and competitive landscape with qualitative and quantitative information and facts
* Centrifugal Pumps manufacturers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Component Supplier,
* Government Body & Associations, and
* Research Institute
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TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Global Centrifugal Pumps Market — Industry Outlook
4 Global Centrifugal Pumps Market Product Type Outlook
5 Global Centrifugal Pumps Market End User Outlook
6 Global Centrifugal Pumps Market Regional Outlook
7 Competitive Landscape
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Name: Ruwin Mendez
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Organization: Orian Research
Release ID: 449070