Category Intelligence on Plunger Pumps covers the following
Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice
Table of contents
Executive Summary
Category Landscape
Global Market Outlook
Market Analysis
Category Definition: Plunger Pumps
Global Market size - Industrial Pumps
Global Market for Plunger Pumps
Regional Market Outlook
Market Drivers and Constraints
Porter’s Five Forces Analysis
Supply Analysis
Supply Market Outlook: Supply Trends and Insights
Key Global Suppliers
Key Global Supplier Profile
Cost and Pricing Analysis
Cost Driver and Cost Structure
Cost Analysis and Expected Savings
Life Cycle Cost Analysis
Key Price Drivers
Price Trend and Forecast—Raw material
Procurement Best Practices
Supply Chain—Industrial Pumps
Sourcing Models-Pricing Models
Key Performance Index—Pump Procurement
Expert Profiles
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Industry Outlook & Drivers
Global Market Outlook–Plunger Pumps
The plunger pump market in 2016 stood at $990 million globally. The market is projected to grow steadily at a CAGR of 4.21 percent between 2016 and 2021(F)
By 2021, the market value is expected to increase by $226 million. The highest growth in terms of application is expected to be registered from segments such as water treatment, construction and power generation
Global market size for Industrial pumps was estimated to stand at $46 billion in 2016. The market is expected to grow steadily at a CAGR of 5.3 percent between 2017 and 2021(F)
Increasing infrastructure development across the developing countries are speculated to contribute to the product market in the next five years
Industrial pumps are expected to have steady demand throughout the forecasted period backed by its essential applications in the chemical industry, water treatment and transportation of various fluids
As a result of the significance of pumps in various industries, the market is expected to add approximately $11 billion by 2021(F)
Increasing necessity of sanitation in developing nations of Africa, Asia and Latin America is expected to propel the waste water treatment and disposal industry; thereby increasing the demand for pumps in these applications
Global Market and Demand for Plunger Pump
Plunger pump market in 2016 stood at $990 million globally. The market is projected to grow steadily at a CAGR of 4.21 percent between 2016 and 2021 (F)
By 2021, the market value is expected to increase by $226 million.The highest growth in terms of application is expected to be registered from segments such as water treatment, construction and power generation
Demand Trends
Increasing growth in the global economy, investments and living standards of people has prompted an increase in urban infrastructural planning and development
As a result of these improvements, the demand for plunger pumps is expected to increase from segments such as power generation, water treatment and construction
Shifts in Market
Market penetration in terms of value from the chemical manufacturing sectors are expected to witness a meagre growth rate of CAGR 1.61 percent
Increasing awareness and shifting of demand towards green energy and clean fuel technologies is expected to weight down on the value share for pumps from the oil and gas industry
Key Challenges
The collapse of oil prices in the recent time has hurt the pump industry drastically due to slow down in pump intensive projects and applications
Downsizing of companies and sluggish wage growth have prompted a shortage in skilled engineers and technical personnel's. Only the companies that continue to improve their innovative designs and pump's efficiencies according to the customers demand is seen to survive and thrive in this billion dollar industry