Stressed Oil & Gas Industry may Cause a Plunge in Sales of Rotary PumpsPosted by Preet on February 3rd, 2020 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. The study uncovers the most important factors that may influence growth prospects of the rotary pumps market in short- and long-term. Key micro and macroeconomic parameters elucidated in the report include
With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global rotary pumps market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research. We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the rotary pumps market. For enhancing readers’ experience, the report starts with a basic overview about the rotary pumps market and its classification. Further, we have considered 2013 as the base year, 2028 as the estimated year, 2018 – 2028 as the stipulated timeframe. Competitive Assessment The rotary pumps market report includes global as well as emerging players:
Want to know more about the report or any specific requirement: https://www.factmr.com/connectus/sample?flag=AE&rep_id=2399 The insights for each vendor consists of:
Regional Analysis Important regions covered in the rotary pumps market report include:
The rotary pumps market report also provides data regarding the key countries in the defined regions. Segmentation Analysis By Product:
Small Capacity Rotary Pump Demand to Remain Significantly Higher than that for Medium Capacity Rotary Pumps 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. The report predicts that demand for smaller rotary pumps will continue to increase at a significantly higher rate in the upcoming years. Thereby, leading manufacturers in the rotary pumps market are focusing on making rotary pumps with capacities of around 500 gpm (gallons per minute) commercially available to cater to the growing demand. By end use:
What insights does the rotary pumps market report provide to the readers?
Rotary Vane Pumps – the Fastest Growing Segment of the Rotary Pumps Market Despite a variety of rotary pumps being introduced by players in the rotary pumps market, including gear, screw, lobe, and piston rotary pumps, the popularity of rotary vane pumps is outpacing the other types. The Fact.MR study finds around 4% year-over-year increase in the sale of rotary vane pumps in 2018 over 2017, which is the highest growth rate if compared to all the other types of rotary pumps. Rotary vane pumps exhibit higher energy efficiency than most of the other types of rotary pumps. This remains the important driving force for customers choosing rotary vane pumps amid the imposition of energy-efficiency regulations for pumping applications. Manufacturers in the rotary pumps market are likely to introduce higher mechanical characteristics and further improve the adjustability features of rotary vane pumps to capitalize on growing demand for rotary vane pumps in the coming future. The Fact.MR research study assesses growth of the rotary pumps market for the forecast period 2018-2028. According to the report, the rotary pumps market is likely to grow at a healthy value CAGR of around 3.9% through 2028. Questionnaire answered in the rotary pumps market report include:
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