Global Positive Displacement Pumps Market 2024-2028

Global Positive Displacement Pumps Market 2024-2028

Positive Displacement Pumps Market 2024-2028

The positive displacement pumps market is forecasted to grow by USD 3227.3 mn during 2023-2028, accelerating at a CAGR of 5.1% during the forecast period. The report on the positive displacement pumps market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by developments in water and wastewater industry, resurgence of investments in oil and gas sector, and growing pump industry in developing countries.

Technavio's positive displacement pumps market is segmented as below:

By End-user

• Oil and gas
• Water and wastewater
• Chemical and petrochemical
• Others

By Product

• Rotary pumps
• Reciprocating pumps

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the rising demand for pump repair and remanufacture from high-performance applications as one of the prime reasons driving the positive displacement pumps market growth during the next few years. Also, growing demand for intelligent pumps and solar-powered positive displacement pumps will lead to sizable demand in the market.

The report on the positive displacement pumps market covers the following areas:

• Positive Displacement Pumps Market sizing
• Positive Displacement Pumps Market forecast
• Positive Displacement Pumps Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading positive displacement pumps market vendors that include Alfa Laval AB, Ampco Pumps Co., Bailey International LLC, Borger GmbH, Bosch Rexroth AG, Cat Pumps, CIRCOR International Inc., Dover Corp., Flowserve Corp., Grundfos Holding AS, HYDAC International GmbH, IDEX Corp., ITT Inc., NOV Inc., Parker Hannifin Corp., Pentair Plc, SPX FLOW Inc., Sulzer Ltd., The Weir Group Plc, and Xylem Inc.. Also, the positive displacement pumps market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.