Heavy-Duty Pumps Market (Updated Version Available)

Heavy-duty pumps are industrial pumps that are designed specially to transfer highly corrosive and abrasive fluids efficiently from one place to another. These pumps are suitable for oil & gas transfer, chemicals transfer, sewage transfer, and other heavy-duty applications. There is an increase in demand for the machine, owing to the rise in demand for portable water, globally. In addition, high efficiency and reliability offered by these pumps to transfer different products are expected to propel the market growth. However, increase in environmental protection activities due to rapid increase in pollution restrain the market growth.
One of the primary drivers for this market is the rapid expansion of crude oil pipelines in several regions across the globe. Pump stations are used for oil pumping operations, through pipelines, from one point to the other. These stations consist of components such as an electrical substation with electric motors facilitated by connecting pipes and valves and electrical equipment storage room. Also, pipelines are the safest and the most efficient mode to transport petroleum products. They can cover long distances on land, underground, or undersea. This mode is much safer and does not attract any environmental concerns. Also, it has been observed that the transportation of petroleum products through trucks and railcars significantly increases the number of vehicles on roads and air pollution. To curtail this rise in air pollution, crude oil pipelines are extremely helpful. This advantage coupled with the rise in the increasing consumption of crude oil is expected to propel the growth of the global heavy-duty pumps market during the forecast period.
One of the latest trends gaining traction in this market is the growth in the adoption of smart pumps. The next-generation automation will facilitate each component of a pumping system to have an internet protocol (IP) address. Also, this will enable effective communication via embedded intelligence. All the components, including the pump, pipes, control valves, the control system, and other instruments is able to interact in the real-time, enabling overall optimized productivity. These enhancements in technology are expected to fuel the growth of the global heavy-duty pumps market in the coming years.
The Global Heavy-Duty Pumps Market size was xxx million USD with a CAGR xx % from 2015- 2019. It will stretch to xxx million USD in 2020 with a CAGR of xx % from 2020 - 2026.

As the report focuses on global Heavy-Duty Pumps Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.

in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.

In Market segmentation by manufacturers, the report covers the following companies-
Flowserve
Grundfos
KSB
Sulzer
ALFA LAVAL
EBARA
Gardner Denver
Metso
The Weir Group

In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types covers:
Centrifugal
Positive-Displacement

In Market segmentation by applications :
Processing Industry
Oil and Gas Industry

Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Heavy-Duty Pumps Market for the forecast period 2020 - 2026?
• What are the driving forces in the Heavy-Duty Pumps Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Heavy-Duty Pumps industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?