Pumps Market in Water and Wastewater Treatment Sector Globally Grow at a CAGR of 6.16% by 2021
Pumps are important components used in all industries. They are used for moving or raising fluid from one point to another within the plant or from one plant to another.
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Pumps are generally classified into centrifugal and positive displacement pumps. Centrifugal pumps are widely used in industries owing to their simple design, low cost, and ease of operation. Positive displacement pumps are used in areas where fluid flow is constant or fluid viscosity is high. The chemical, food and beverage, mining, oil and gas, and water and wastewater treatment industries are major consumers of pumps. Pumps are one of the key components of the water and wastewater treatment sector and a major consumer of electricity. They are used in nearly every area in the wastewater treatment value chain.
Technavios analysts forecast the global pumps market in water and wastewater treatment sector to grow at a CAGR of 6.16% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global pumps market in water and wastewater treatment sector for 2017-2021. To calculate the market size, the report considers the new installations/shipments/sales/volume/value and installation services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Pumps Market in Water and Wastewater Treatment Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Flowserve
Grundfos
ITT
KSB
Sulzer
Wilo
Other prominent vendors
BBA pumps
Blue-White Industries
General Electric Power
SPP Pumps
Xylem
Market driver
Emerging filtration technologies
For a full, detailed list, view our report
Market challenge
High equipment and operation cost
For a full, detailed list, view our report
Market trend
Use of ultrasonic level sensors for pump control
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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