Global Heavy-Duty Pumps Market Growth 2023-2029

Global Heavy-Duty Pumps Market Growth 2023-2029

Heavy-duty pumps are industrial pumps that are designed specially to transfer highly corrosive and abrasive fluids efficiently from one place to another. These pumps are suitable for oil & gas transfer, chemicals transfer, sewage transfer, and other heavy-duty applications. There is an increase in demand for the machine, owing to the rise in demand for portable water, globally. In addition, high efficiency and reliability offered by these pumps to transfer different products are expected to propel the market growth. However, increase in environmental protection activities due to rapid increase in pollution restrain the market growth.

LPI (LP Information)' newest research report, the “Heavy-Duty Pumps Industry Forecast” looks at past sales and reviews total world Heavy-Duty Pumps sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy-Duty Pumps sales for 2023 through 2029. With Heavy-Duty Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-Duty Pumps industry.

This Insight Report provides a comprehensive analysis of the global Heavy-Duty Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy-Duty Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heavy-Duty Pumps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-Duty Pumps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy-Duty Pumps.

The global Heavy-Duty Pumps market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

One of the primary drivers for this market is the rapid expansion of crude oil pipelines in several regions across the globe. Pump stations are used for oil pumping operations, through pipelines, from one point to the other. These stations consist of components such as an electrical substation with electric motors facilitated by connecting pipes and valves and electrical equipment storage room. Also, pipelines are the safest and the most efficient mode to transport petroleum products. They can cover long distances on land, underground, or undersea. This mode is much safer and does not attract any environmental concerns. Also, it has been observed that the transportation of petroleum products through trucks and railcars significantly increases the number of vehicles on roads and air pollution. To curtail this rise in air pollution, crude oil pipelines are extremely helpful. This advantage coupled with the rise in the increasing consumption of crude oil is expected to propel the growth of the global heavy-duty pumps market during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-Duty Pumps market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Centrifugal
Positive-Displacement

Segmentation by application
Processing Industry
Oil and Gas Industry

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Flowserve
Grundfos
KSB
Sulzer
ALFA LAVAL
EBARA
Gardner Denver
Metso
The Weir Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heavy-Duty Pumps market?

What factors are driving Heavy-Duty Pumps market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heavy-Duty Pumps market opportunities vary by end market size?

How does Heavy-Duty Pumps break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.