North & Latin America Water Pumps Market, by Product Type (Centrifugal Pump and Positive Displacement Pump), by Application (Centrifugal Pump Application (Domestic, Water Treatment (Industrial, commercial), Agriculture & Irrigation, Mining, Wastewater Treatment (E.T.P., S.T.P.), Oil & Gas, and Other Industrial) and Positive Displacement Pump Application (Chemical, Water & Wastewater, Power, Pulp & Paper, Oil & Gas, and Others)), by Capacity (Small, Medium, and High) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
A pump is a mechanical device that moves fluids by mechanical action. Centrifugal pump is a mechanical device that is used for transportation of liquid of various types including water, oil, wastewater, etc. Centrifugal pumps find applications in agricultural and domestic purposes. Immersible pumps are a type of centrifugal pumps and a subset of submersible pumps, which are deployed in extreme pumping applications related to wastewater and effluent treatment. However, submersible type pumps have a predominant market share compared to immersible pumps in terms of application by wastewater treatment. Furthermore, positive displacement pump refers to a mechanical device that is used for transportation of fluid, with definite volume of fluid being transferred in each cycle of pump. It is typically used for extensive range of application such as oil & gas, chemical, and food & beverages sector.
Market Dynamics
Constant demand from oil & gas and mining industries is expected to drive growth of the North & Latin America water pumps market and 2. Stringent energy and environment regulatory policies and legislation the major factors that are expected to propel the North & Latin America water pumps market growth.
However, significant drop in capital expenditure across industrial sectors is expected to restrain growth of the North & Latin America water pumps market during the forecast period
Market Taxonomy
This report segments the North & Latin America water pumps market on the basis of product type, application, and capacity. On the basis of product type, the North & Latin America water pumps market is segmented into centrifugal pump and positive displacement pump. On the basis of application, the market is segmented into centrifugal pump application and positive displacement pump application. The centrifugal pump application is further segmented into Domestic, Water Treatment (Industrial, commercial), Agriculture & Irrigation, Mining, Wastewater Treatment (E.T.P., S.T.P.), Oil & Gas, and Other Industrial. Also, the positive displacement pump application is further segmented into Chemical, Water & Wastewater, Power, Pulp & Paper, Oil & Gas, and Others. On the basis of capacity, the market is segmented into transportation & small, medium, and high.
Key features of the study:
This report provides an in-depth analysis of the North & Latin America water pumps market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the North & Latin America water pumps market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include KSB AG, Ruhrpumpen Group, Flowserve Corporation, Kirloskar Brothers Limited, Sulzer AG, Xylem Inc., Ebara Corporation, Wilo SE, GRUNDFOS, and The Weir Group PLC.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The North & Latin America water pumps market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the North & Latin America water pumps market
Detailed Segmentation:
Market Taxonomy:
By Type
Centrifugal Pump
Type Centrifugal Pump
Single Stage
Multi Stage
Axial & Mixed
Submersible
Circulator
Application Centrifugal Pump
Domestic
Water Treatment (Industrial, commercial)
Agriculture & Irrigation
Mining
Wastewater Treatment (E.T.P., S.T.P.)
Oil & Gas
Other Industrial
Positive Displacement Pump
Type Positive Displacement Pump
Reciprocating
Rotary
Application Positive Displacement Pump
Chemical
Water & Wastewater
Power
Pulp & Paper
Oil & Gas
Others
By Countries
North America
U.S.
Canada
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
By Capacity
Small
Medium
High
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