Global pump demand will rise 6.4 percent yearly through 2016 to $76.1 billion. Gains in developing areas such as China and India will result from investment in water infrastructure and electricity generation. In developed areas, growth will be driven by process manufacturing. Positive displacement and centrifugal pumps will lead gains.This study analyzes the $55.8 billion world pump industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by product type (e.g., centrifugal, rotary positive displacement, reciprocating positive displacement, oilfield, turbine), market (e.g., process manufacturers, water infrastructure, oil and gas), world region and for 36 major countries.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry participants such as Grundfos, Flowserve, and Xylem.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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