Incorporation of IT Services in Pump Designs: Rotary Pump Market

Posted by Arslan on March 13th, 2019

Fact.MR’s latest study on rotary pumps market projects bullish growth for rotary pumps market. The study finds a significant rise in adoption of rotary pumps in a wide range of industrial sectors including oil & gas, water & wastewater, mining, and power generation. On account of widening applications, the rotary pumps market is likely to witness 3.3% in 2018 to exceed US$ 4.4 billion.

Internet of Things (IoT) and Industry 4.0 are among the advanced technologies that are rapidly covering grounds in the industrial automation space. Pump manufacturers are eyeing opportunities to introduce highly efficient and cost-effective pumps and capitalize on growing preeminence of advanced technologies in industrial sectors. For example, Pentair plc – a water treatment company headquartered in the U.S. – recently introduced energy-efficient pool pumps integrated with next-generation connected technologies that can automate various processes such as heating, filtering, moving, or sanitizing pool water.

The Fact.MR study finds that the sales of rotary pumps with smaller capacities account for around 40% revenue share in the rotary pumps market in 2018. Leading rotary pump manufacturers and suppliers are focusing on identifying the exact requirements of end-user applications of rotary pumps. The specific needs for the capacity of rotary pumps mainly depend on the viscosity of the fluid that needs to be pumped. As rotary pumps are commonly used in applications where highly viscous fluids need to be handled, the demand for rotary pumps with smaller capacities is likely to remain high.

Browse Full report with TOC:

https://www.factmr.com/report/2399/rotary-pumps-market

In order to provide all the important insights and detailed information about the rotary pumps market in the most comprehensible manner, the Fact.MR report divides the rotary pumps market into its five broad sub-segments – rotary pump capacity, product types, applications, rotary pump characteristics, and regions.

Despite the rise in adoption of rotary pumps across various industrial sectors, low efficiency and low volume degree of rotary pumps is restricting its adoption. Furthermore, due to stringent efficiency standards and regulations, rotary pump sales across various end-user industries have plummeted in the past few years.

The Fact.MR report on rotary pumps market enlists leading stakeholders in the market to provide insightful information about recent developments in the strategies of leading players in the rotary pumps market. The report features comprehensive information, including intensity mapping, key developments, key financials, SWOT analysis, global manufacturing facilities, and market share analysis about each manufacturer of rotary pumps market featured in the report.

The leading players in the rotary pumps market that have been mentioned in the report include Xylem, Flowserve Corporation, KSB SE & Co. KGaA, HMS Group, Pentair Ltd., SPX Flow, Inc., Dover Corporation, Alfa Laval, Gardner Denver, Inc., IDEX Corporation, ITT, Inc., and Roper Technologies Inc.