Growing industrial activities in emerging economies is the primary factor that will fuel the electric pumps market internationally. Electric pumps used in oil & gas, building & construction, industrial, municipal, and other domestic activities will drive the product market growth globally.
MARKET DYNAMICS
The increasing number of wells drilled, along with the demand for low-cost production solutions, are some of the major factors driving the demand for the electric pump market. Moreover, the use of electric pumps for wastewater treatment by various manufacturing industries is also anticipated to boost the growth of the electric pumps market.
MARKET SCOPE
The "Global Electric Pumps Market Analysis to 2028"? is a specialized and in-depth study of the electric pumps market with a special focus on the global market trend analysis. The report aims to provide an overview of electric pumps market with detailed market segmentation by type, technology, application. The global electric pumps market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric pumps market players and offers key trends and opportunities in the electric pumps market.
MARKET SEGMENTATION
The global electric pumps market is segmented on the basis of type, technology, application. On the basis of type, the market is segmented as submersible, non-submersible. On the basis of technology, the market is segmented as centrifugal, diaphragm. On the basis of application, the market is segmented as mining, building & construction, oil & gas, automotive, industrial, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric pumps market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric pumps market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric pumps market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric pumps market in these regions.
MARKET PLAYERS
The reports cover key developments in the electric pumps market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from electric pumps market are anticipated to lucrative growth opportunities in the future with the rising demand for electric pumps market. Below mentioned is the list of few companies engaged in the electric pumps market.
The report also includes the profiles of key electric pumps market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Atlas Copco
- Baker Hughes
- EBARA CORPORATION
- Flowserve Corporation
- Gorman-Rupp Pumps
- Multiquip Inc.
- Pentair plc.
- Sulzer Ltd
- Wilo SE
- Xylem Inc
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.