Global Pumps Market Share, Growth and Outlook 2016-2020: Hexa Reports

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Global Pumps Market Share, Size, Emerging Trends and

Growth, Global Insights, Analysis and Forecasts 2016-2020

Although overall global growth in the global pump market is likely to be robust, the factors that will fuel

this growth will vary from region to region. In emerging economies such as India and China, the growth

will primarily be the result of rapid industrialization as investment in the power generation and water

infrastructure sectors grows.

In the developed countries, improving manufacturing output will enable growth of process

manufacturing industries. Oil-producing countries, including those in the Middle East, will benefit from

increasing drilling activities. In the US, the improving economy and the boom in hydraulic fracking

(fracturing) in the oil and gas sector will contribute to the hike in demand.

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Technavio's analysts forecast the global pump market to grow at a CAGR of 5.47% during the period

2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global pump market for 20162020. To calculate the market size, the report takes into account the revenue generated from the

following product segments:

 Centrifugal pumps

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



Specialty pumps

Positive displacement pumps

The market is divided into the following segments based on geography:

 Americas

 APAC

 EMEA

Technavio's report, Global Pump Market 2016-2020, has been prepared based on an in-depth market

analysis with inputs from industry experts. The report covers the market landscape and its growth

prospects over the coming years. The report also includes a discussion of the Key vendors operating in

this market.

Market driver

 Growing demand for pumps in MENA

 For a full, detailed list, view our report...