Research Overview

Pumps play an important role in a variety of sectors. The energy sector (oil and gas, power generation and petrochemicals) is the largest, but with the emphasis on decarbonization and curbing carbon emissions, the worldwide focus is on developing sustainable industrial practices. Companies, governments, and end users are analyzing various ways to develop green strategies to mitigate energy- related challenges. As the COVID-19 pandemic continues the fragile recovery the global economy made now seems to be in jeopardy.

The study assesses the impact of trends and challenges that influence the growth outlook for pump manufacturers in the next seven years.

Frost & Sullivan examines a variety of trends, including product, economic, technological, regulatory, and political factors that have an impact the centrifugal pump market and offers an in-depth regional analysis. This research includes revenue assessment of of positive displacement and centrifugal pumps across various industry verticals and presents a detailed competitive assessment of the world’s top pumps manufacturers across product types and regions, and The study uses a specific methodology, including discussions with the senior management of pump manufacturing companies and addition secondary research to analyze the various growth opportunities that pump manufacturers should consider.