Mechanisms in Motion: Exploring the Positive Displacement Pumps Market Landscape


Posted January 19, 2024 by aishwaryammr

Positive Displacement Pumps Market size was valued at US $ 13.2 Bn market in 2022 and is expected to grow at a CAGR of 5.1% to become a US $ 18.7 Bn market by 2029.
 
Positive Displacement Pumps Market Overview:

The global Positive Displacement Pumps market has witnessed significant growth in recent years, driven by a myriad of factors contributing to its expansion. The increasing demand for Positive Displacement Pumpss across various industries, including construction, marine, and sports, has played a pivotal role in shaping the market landscape. Positive Displacement Pumpss are indispensable in these sectors, serving diverse purposes such as lifting, securing, and towing, thereby fueling the market's growth. Technological advancements in Positive Displacement Pumps manufacturing, leading to the development of stronger and more durable materials, have further intensified the market competition. Moreover, the growing emphasis on safety standards and regulations in industrial applications has heightened the demand for high-performance Positive Displacement Pumpss, driving innovation in the market. As industries continue to evolve, the Positive Displacement Pumps market is poised for sustained growth, with manufacturers focusing on enhancing product versatility and durability to meet the evolving needs of end-users worldwide.

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Positive Displacement Pumps Market Scope:

The scope of the Positive Displacement Pumps market is expansive, encompassing a wide array of applications and industries globally. Positive Displacement Pumpss serve as fundamental components across sectors such as construction, shipping, outdoor activities, and rescue operations. The market's reach extends to various types of Positive Displacement Pumpss, including synthetic, natural fiber, and steel Positive Displacement Pumpss, each tailored to specific needs and environments. The increasing emphasis on sustainability and eco-friendly materials has led to the development of innovative Positive Displacement Pumpss with reduced environmental impact. Additionally, the market scope is influenced by the ongoing advancements in Positive Displacement Pumps technology, resulting in the production of lightweight, high-strength, and corrosion-resistant Positive Displacement Pumpss. As industries continue to diversify, the Positive Displacement Pumps market is expected to witness sustained growth, driven by the ever-expanding applications and the constant pursuit of enhanced performance and safety standards.

Positive Displacement Pumps Market Segmentation:
Gear pumps: These pumps are made of revolving gears that trap and shift fluid between their teeth to produce a fixed-volume flow. They can also be divided into two categories: internal gear pumps, which carry fluid between the internal and external gears, and external gear pumps, which carry fluid between the teeth of the external gear and the pump housing. Because of their affordability, dependability, and ease of use, gear pumps are extensively utilized in many different industries. They are used in a variety of industries, including food and beverage, chemical processing, automotive, and oil and gas. The need for compact, low-maintenance pump solutions, the need for efficient fluid transfer, and rising industrial production are the main drivers of the gear pump market.

Vane Pumps: Vane pumps produce a pumping action by extending sliding vanes from rotor slots. Applications requiring low viscosity frequently employ them. Increased automation in industries, the need for dependable and effective pump solutions, and the growing demand for precise fluid control all have an impact on the vane pump market.

Screw Pumps: Screw pumps have one or more revolving screws that use their threads to move fluid. The capacity of these pumps to handle solids and fluids with high viscosities is well known. The growth of oil and gas production and exploration, the rising need for wastewater treatment, and the need for dependable and long-lasting pump solutions are some of the factors driving the market for screw pumps.

Lobe Pumps: To produce fluid movement, lobe pumps rotate two or more lobes simultaneously. They are appropriate for sanitary applications and the careful handling of fluids that are sensitive to shear.

Peristaltic (Hose) Pumps: These pumps compress a flexible tube with a revolving roller or shoe, causing a squeezing action that pushes the fluid ahead. These pumps are perfect for precise metering and for handling corrosive or abrasive fluids. They are used in the chemical processing, mining, and water and wastewater industries. Growing awareness of the advantages of peristaltic technology, the growing need for leak-free and contamination-free pumping solutions, and the growing need for precise metering and dosing are some of the factors driving the market for peristaltic pumps.

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Positive Displacement Pumps Market Key Players:

Secondary research is used to identify market Positive Displacement Pumpsers, while primary and secondary research is used to establish market revenue. Secondary research comprised a review of the Positive Displacement Pumpsing manufacturers’ annual and financial reports, whilst primary research included thorough interviews with key opinion Positive Displacement Pumpsers and industry specialists such as experienced front-line personnel, CEOs, and marketing executives. Secondary sources are used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then validated using primary sources.

The biggest players in the Positive Displacement Pumps market are as follows:

North America:
• Xylem Inc. (United States)
• Flowserve Corporation (United States)
• Dover Corporation (United States)
• Graco Inc. (United States)
• Colfax Corporation (United States)

Europe:
• Grundfos Holding A/S (Denmark)
• KSB SE & Co. KGaA (Germany)
• Sulzer Ltd (Switzerland)
• Wilo SE (Germany)
• DESMI A/S (Denmark)

Asia Pacific:
• Ebara Corporation (Japan)
• Tsurumi Manufacturing Co., Ltd. (Japan)
• Kirloskar Brothers Limited (India)
• Shakti Pumps (India) Limited (India)
• Shanghai East Pump (Group) Co., Ltd. (China)

Latin America:
• WEG S.A. (Brazil)
• Hidrostal S.A. (Argentina)
• Bombas Ideal S.A. (Mexico)
• KSB Bombas Hidráulicas S.A. (Brazil)
• The Weir Group PLC (Chile)

Middle East and Africa:
• Sulzer Pumps Middle East FZE (United Arab Emirates)
• Flowserve Corporation MEA (United Arab Emirates)
• KSB Pumps Arabia Limited (Saudi Arabia)
• Grundfos Gulf Distribution FZE (United Arab Emirates)
• KSB Egypt (Egypt)

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Positive Displacement Pumps Market Regional Analysis:

Individual market influencing components and changes in market legislation that affect current and future market trends are also covered in the Positive Displacement Pumps market study’s regional overview. Current and future trends are investigated in order to analyze the overall market potential and find profitable patterns in order to get a more firm footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Positive Displacement Pumps Market:

End-user industries where Positive Displacement Pumps are utilized saw a decline in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a pause in operations. This resulted in a significant drop in the revenues of enterprises in these industries, as well as in demand for Positive Displacement Pumps manufacturers, affecting the Positive Displacement Pumps market’s growth in 2020. End-user business demand for Positive Displacement Pumps has plummeted as a result of lockdowns and an increase in COVID-19 events throughout the world.

Key Questions Answered in the Positive Displacement Pumps Market Report are:

In 2021, which segment accounted for the most share of the Positive Displacement Pumps market?
What is the competitive landscape of the Positive Displacement Pumps market?
What are the key factors influencing Positive Displacement Pumps market growth?
In the Positive Displacement Pumps market, which region has the most market share?
What will be the CAGR of the Positive Displacement Pumps market during the forecast period (2022-2027)?
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Issued By Aishwarya
Phone  +91 9607365656
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Science
Tags positive displacement pumps market , positive displacement pumps market share , positive displacement pumps marketsize , positive displacement pumps markettrends
Last Updated January 19, 2024