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Global Heavy-duty Pumps Market 2017-2021

Global Heavy-duty Pumps Market 2017-2021

About Heavy Duty Pumps

Heavy-duty pumps are mechanical devices that are used to transport fluids. These pumps have major applications in industries such as construction, mining, oil and gas, wastewater, pulp, pharmaceutical, and food and beverage. The major end-users of the market include oil and gas, processing, and other industries. The rise in investment in pumps by these end-user segments will propel the market growth. Governments worldwide are investing in infrastructural projects to cater to the needs of the growing population. The water resource management has gained focus across the world in the past decade. Countries are working toward better management of water resources to sustain the growing demand for water due to the rise in population.

Technavio’s analysts forecast the global heavy duty pumps market to grow at a CAGR of 3.86% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global heavy duty pumps market for 2017-2021. To calculate the market size, the report presents the list of key prominent vendors offering their products in the global market.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Heavy Duty Pumps Market 2017-2021, 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.

Key vendors
  • Flowserve
  • Grundfos
  • ITT
  • KSB
  • Sulzer
Other prominent vendors
  • ALFA LAVAL
  • Baker Hughes
  • EBARA
  • Gardner Denver
  • General Electric
  • Ingersoll-Rand
  • Metso
  • The Weir Group
Market driver
  • Rise in infrastructural development and urbanization.
  • For a full, detailed list, view our report
Market challenge
  • Unpredictability in oil and gas prices.
  • For a full, detailed list, view our report
Market trend
  • Increase in demand from the food and beverage sector.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Heavy Duty Pumps Market 2017-2021

Technavio recognizes the following companies as the key players in the global heavy duty pumps market: Flowserve, Grundfos, ITT, KSB, and Sulzer.

Other Prominent Vendors in the market are: ALFA LAVAL, Baker Hughes, EBARA, Gardner Denver, General Electric, Ingersoll-Rand, Metso, and The Weir Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is increase in demand from the food and beverage sector. Rising population, rapid urbanization, and increase in disposable income in countries such as China and India have increased the demand for processed food and other food and beverages. The rise in investments in food and beverage processing plants will help in catering to the increased demand for processed food globally. This growth in demand can be met by increasing the capacity of food processing plants, which will drive the market for heavy-duty pumps.”

According to the report, one driver in market is expansion of crude oil pipelines. Pump stations are used for oil pumping operations, through pipelines, from one point to the other. These stations consist of components like an electrical substation with electric motors facilitated by connecting pipes and valves and electrical equipment storage room. Any expansion of oil pipelines will drive the demand for heavy-duty pumps. Pipelines are the safest and the most efficient mode to transport petroleum products. They can cover long distances on land, underground, or undersea. The members of the Canadian Energy Pipeline Association (CEPA) transport a large quantity of petroleum products through pipelines and if the same is moved on the road then it would take 15,000 tankers and 5,000 railcars.

Further, the report states that one challenges in market is fluctuating raw material prices. The rise in competition in the heavy-duty pumps market has encouraged vendors to develop pumps with superior quality. Various components of pumps include valves, bearings, impellers, casings, and casings covers. These components are made of bronze, polycarbonate, cast iron, and stainless steel. Prices of these components fluctuate significantly because of their non-availability and inflation. Although vendors are attempting to absorb fluctuating prices of raw materials to remain cost-competitive, the manufacturing cost of heavy-duty pumps remains high.

Companies Mentioned

Flowserve, Grundfos, ITT, KSB, Sulzer, ALFA LAVAL, Baker Hughes, EBARA, Gardner Denver, General Electric, Ingersoll-Rand, Metso, and The Weir Group.

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Key countries in each geographical region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Manufacturing process of heavy-duty pumps
      • Table Global heavy-duty pumps market by end-user
      • Table Global heavy-duty pumps market by geography
  • Market landscape
    • Market overview
      • Table Global heavy-duty pumps market segmentation
    • Market size and forecast
      • Table Global heavy-duty pumps market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global heavy-duty pumps market by end-user
      • Table End-users for the global heavy-duty pumps market
      • Table Global heavy-duty pumps market segmentation by end-user 2016 and 2021
    • Heavy-duty pumps in the processing industry
      • Table Global heavy-duty pumps market in the processing industry 2016-2021 ($ billions)
    • Heavy-duty pumps in the oil and gas industry
      • Table Global heavy-duty pumps market in the oil and gas industry 2016-2021 ($ billions)
  • Geographical segmentation
    • Global heavy-duty pumps market by geography
      • Table Global heavy-duty pumps market 2016 and 2021: Geographical segmentation
    • Heavy-duty pumps market in APAC
      • Table Heavy-duty pumps market in APAC 2016-2021 ($ billions)
    • Heavy-duty pumps market in EMEA
      • Table Heavy-duty pumps market in EMEA 2016-2021 ($ billions)
    • Heavy-duty pumps market in Americas
      • Table Heavy-duty pumps market 2016-2021 in the Americas ($ billions)
  • Market drivers
    • Expansion of crude oil pipelines
      • Table Pipeline capacity over truckloads and railcars
    • Rise in infrastructure development and urbanization
    • Growing demand for wastewater management
  • Market challenges
    • Fluctuating raw material prices
    • Highly fragmented market
      • Table Opportunities and threats
    • Unpredictability in oil and gas prices
      • Table Crude oil prices 2011-2015 (% change)
  • Market trends
    • Increase in demand from the food and beverage sector
    • Increase in M&A
      • Table Major M&As in heavy-duty pumps market, 2015
    • Adoption of smart pumps
      • Table Advantages of smart pumps
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Flowserve
      • Table Product segments of Flowserve
      • Table Flowserve: Key news
    • Grundfos
      • Table Grundfos: Product portfolio
      • Table Grundfos: Key news
    • ITT
      • Table ITT: Pump offerings by industry
      • Table ITT: Key news
    • KSB
      • Table KSB: Products and services
    • Sulzer
      • Table Sulzer: Product and Services
      • Table Sulzer: Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

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