Market Research Report
Global Rotary Pump Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||949521|
Delivery time: 2-3 business days
|Global Rotary Pump Market 2020-2026|
|Published: June 3, 2020||Content info:||
Global Rotary Pump Market Size, Share & Trends Analysis Report, By Type (Gear Pump, Vane Pump, Screw Pump, Lobe Pump), By Application (Oil & Gas, Power Generation, Chemical & Pharmaceuticals, Food and Beverage, Water & Wastewater, Other) and Forecast, 2020-2026
The global rotary pump market is anticipated to grow at a CAGR of more than 4.0% during the forecast period 2020-2026. Modest growth in the oil & gas sector, power generation, chemical, and pharmaceuticals are driving the market as these are the key applications for the rotary pump. In addition, considerable growth in the food & beverage industry, and water & wastewater treatment is expected in the near future. Moreover, increasing adoption of new technologies in agriculture to improve returns of the crops is also expected to drive the market growth. However, a setback for the market due to the COVID-19 pandemic will be witnessed for a couple of years.
The global rotary pump market is studied on the basis of type and application. By type, the market is further divided into gear pump, vane pump, screw pump, and lobe pump. Vane pump is expected to show significant growth during the forecast period. Moreover, by application, the market is sub-segmented into oil & gas, power generation, chemical & pharmaceuticals, food and beverage, water & wastewater, other. Lucrative growth in food & beverage and water & wastewater management will be witnessed all across the globe in the near future.
On the basis of geography, the global rotary pump market is studied into North America (the US and Canada), Europe (Germany, UK, France, Italy, and Spain), Asia-Pacific (China, Japan, India), and the Rest of the World (RoW). North America is expected to grasp a considerable market share during the forecast period. In addition, Asia-Pacific is forecast to augment at a lucrative growth rate.
The major players operating in the market include Bosch Rexroth AG, Dover Corp., IDEX Corp., Colfax Corp., Atlas Copco AB, Alfa Laval AB, and so on. The key players are adopting various growth strategies including mergers & acquisitions, product launches, and partnerships & collaborations to gain a competitive edge in the rotary pump market.
The market study of the global rotary pump market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to breakdown the market in various segments; derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to amplify the added validity of our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
The Report Covers: