NEW YORK, Oct. 25, 2016 /PRNewswire/ -- This FMI study offers a 10-year forecast of the global centrifugal pump market over 2015–2025. In terms of unit sales, the global centrifugal pump market is anticipated to expand at a CAGR of 4.2% during the forecast period (2015–2025). The study demonstrates market dynamics and trends across regions that are expected to influence current status and future prospects of the global centrifugal pump market over the forecast period.
The primary objective of the report is to offer recent drivers, restraints, trends, opportunities, end user survey, value chain analysis and updates on developments in the global centrifugal pump market and conduct quantitative as well as qualitative assessment of the market across various product types, pump capacity (HP), end use and regional market segments.
On the basis of product type, the global centrifugal pump market is segmented as follows:
Axial & Mixed Flow pump
Sealless & Circulator pump
On the basis of capacity type, the pump type is further sub-segmented on the basis of horsepower capacity (HP) as follows:
On the basis of end use, the global centrifugal pump market is segmented as follows:
The industrial segment is further sub-segmented
Water & wastewater treatment
Oil & gas
Food & beverages
Others (Mining, Ore processing, Pulp and Paper)
Globally, the centrifugal pump market is segmented as follows:
Asia Pacific Excluding Japan (APEJ)
Middle East & Africa
To understand and assess market opportunities and trends, the global centrifugal pump market report is categorically split into sections such as market overview, global industry analysis, pricing analysis for centrifugal pump by pump type and capacity among various regions, and consumption trends and analysis by product type, capacity, end use industries and region. Each section discusses the qualitative and quantitative aspects of the global centrifugal pump market. To give a brief idea about revenue opportunities from various product type, pump capacity, end use, region/country-wise segments, the report also provides volume data ('000 units), absolute $ opportunity and total incremental opportunity for each segment over the forecast period.
The report starts with the market overview and provides market definition and analysis about drivers, restraints, opportunities, value chain analysis, end user survey and key trends in the market. The next section that follows includes global market analysis, analysis by product type, pump capacity, end use and regional/country level analysis and pricing analysis. All the above sections evaluate the market on the basis of various factors affecting the market, covering present scenario and future prospects. For market data analysis, the report considers 2014 as the base year, with market numbers estimated for 2015 and 2016 and forecast made for 2017–2025.
To calculate the market size, the report considers weighted average price of centrifugal pump by pump type and capacity, across geographies on a regional basis. The forecast assesses total revenue as well as volume (in '000 units) of the global centrifugal pump market. The data is triangulated on the basis of different verticals, considering supply side, demand side and dynamics of the regional markets, along with primary interviews of manufacturers and industry experts in the field of centrifugal pumps. However, quantifying the market across regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.
In the final section of the report, the centrifugal pump market structure and landscape with company market share is included to provide report audience with a dashboard view of the companies' presence in the centrifugal pump market and their key strategies. Some of the major market players featured in the section include:
Weir Group Plc.
Vertiflow Pump Company
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