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(Construction.IndustryNews247.Com, September 03, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Centrifugal Pumps market for 2018-2023. Centrifugal pumps are a sub-class of dynamic axisymmetric work-absorbing turbo machinery. Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or volute chamber (casing), from where it exits. Common uses include water, sewage, petroleum and petrochemical pumping. China expected to remain the regions with the largest growth potential in the forecast period. Even though a huge space for growth in the Chinese market exists, the quality and technology should be further improved. The world's large enterprises are mainly concentrated in the Europe and North America, etc. accounted for most of the international market share. The industrial concentration of the whole industry is generally lower. Manufacturers are distributed around the world. Over the next five years, this report projects that Centrifugal Pumps will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Centrifugal Pumps market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Axial Flow Pumps Mixed/Radial Flow Pumps Peripheral Pumps Jet Pumps Segmentation by application: Domestic water and wastewater Petroleum industry Chemical industry Food and beverage Mining industry Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Grundfos Flowserve ITT KSB Sulzer Ebara Schlumberger Weir Group Wilo AG Idex Pentair Clyde Union Vano Atlas Copco DAB FNS Pumps Allweiler Shanghai Kaiquan FengQiu Shandong Sure Boshan LEO CNP Sanlian Pump Group Hunan Changbeng Shanghai East Pump Shandong Shuanglun In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Centrifugal Pumps consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Centrifugal Pumps market by identifying its various subsegments. Focuses on the key global Centrifugal Pumps manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Centrifugal Pumps with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Centrifugal Pumps submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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