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According to IMARC Group’s latest report, titled “Dewatering Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the dewatering pumps market share.
The global dewatering pumps market reached US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.9 Billion by 2027, exhibiting a CAGR of 6.4% during 2022-2027. A dewatering pump refers to a centrifugal pump that is installed to maintain and reduce groundwater levels of construction sites situated on lower ground. It aids in the removal or draining of surface water from a riverbed, construction site, caisson, or mine shaft. Apart from this, a dewatering pump is a cost-efficient solution that helps eliminate the cost of solids handling. Consequently, it is majorly used in water expulsion and removal of unwarranted fluids or water present in several industries, including construction, underground mines, flood dewatering, and thermal power plants.
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Dewatering Pumps Market Trends:
The global dewatering pumps are primarily driven by the rapid industrialization and ongoing construction activities of residential and commercial complexes. In line with this, the increasing investment and initiatives by several industries to refurbish, replace and upgrade their plants and infrastructure are stimulating the product demand. Moreover, dewatering pumps are highly efficient, have a large wear-resistant capacity, and offer long service life at minimal maintenance and wide flow-rate accommodation. Therefore, it is widely adopted by the food & beverages (F&B) and power generation industries to remove extra water from sludge. Furthermore, expanding the oil and gas sector supported by increasing production of hydraulic fracturing operations is influencing the market growth. Besides this, the growing demand for wastewater management treatments and the advent of automated dewatering pumps in compact designs to help pump fresh or dirty water mixed with abrasives are supporting the market growth.
Dewatering Pumps Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the dewatering pumps market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Atlas Copco AB
- Ebara Corporation
- Flowserve Corporation
- Grundfos Holding A/S
- ITT INC.
- KSB SE & Co. KGaA
- Sulzer Ltd.
- The Gorman-Rupp Company
- The Weir Group PLC
- Wacker Neuson SE
- Xylem.
Key Market Segmentation:
The report has segmented the dewatering pumps market on the basis of breakup by type, capacity, application and region.
Breakup by Type:
- Submersible Dewatering Pumps
- Non-Submersible Dewatering Pumps
Breakup by Capacity:
- 05-3 HP
- 3-10 HP
- 10-50 HP
- Above 50 HP
Breakup by Application:
- Construction and Agriculture
- Oil and Gas
- Municipal
- Mineral and Mining
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/dewatering-pumps-market
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
Article source: https://article-realm.com/article/Finance/34494-Dewatering-Pumps-Market-Report-Size-Share-Trends-Analysis-and-Forecast-2022-2027.html
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