Global Progressing Cavity Pump Market 2022-2026

Global Progressing Cavity Pump Market 2022-2026

Technavio has been monitoring the progressing cavity pump market and it is poised to grow by $ 1.39 billion during 2022-2026, decelerating at a CAGR of 5.1% during the forecast period. Our report on the progressing cavity pump 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the resurgence of investments in oil and gas sector, suitability for handling high-viscosity fluids, and the growing pump industry in developing countries.

The progressing cavity pump market analysis includes the end-user segment and geographic landscape.

Technavio's progressing cavity pump market is segmented as below:

By End-user

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

By Geographical Landscape

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

This study identifies the developments in water and wastewater industry as one of the prime reasons driving the progressing cavity pump market growth during the next few years. Also, technological advancements, such as cutting-edge and 3d printing in pump design, repair, and replacement and widespread product adoption for pumping coal water slurry will lead to sizable demand in the market.

Technavio 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. Our report on progressing cavity pump market covers the following areas:

• Progressing cavity pump market sizing
• Progressing cavity pump market forecast
• Progressing cavity pump market industry analysis

Technavio's 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 progressing cavity pump market vendors that include Borets International Ltd., CIRCOR International Inc., Ebara Corp., Erich NETZSCH GmbH and Co. Holding KG, Flexachem, Hydro Prokav Pumps India Pvt Ltd., Ingersoll Rand Inc., ITT Inc., MXQ LLC, NOV Inc., Nova Rotors Srl, PCM Artificial Lift Solutions Inc., Pump and Valve Specialties, Roper Technologies Inc., Roto Pumps Ltd., Sulzer Ltd., The Weir Group Plc, Westpower Equipment Ltd., Wilo SE, and Xylem Inc. Also, the progressing cavity pump 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.

Technavio 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 research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.