Progressing Cavity Pump Market
Progressing Cavity Pump Market Global Industry Assessment & Forecast
#
Pages:
136
2021
Nov - 2021
VMR-2021-0254
Segments Covered
By
Type Up to 50 hp, 51–150 hp, Above 150 hp
-
By
Application Oil & Gas, Water & Waste Management, Food & Beverage, Chemical & Petrochemical, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
4400 Million |
 Revenue 2028:
|
6,701.59 Million |
 Revenue CAGR
(2021 - 2028): |
5.4 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report
delivers an acute breakdown of the market based on various segments such as Type,
Application, and region. The report will cover market
estimations and forecast for each segment by region for the years 2016–2028. Several
growth factors and opportunities impacting various segments have been
incorporated in the report. On
the basis of Type, the market is divided into Up to 50 hp, 51–150 hp, Above 150 hp. Steam
held the largest share in 2020 and is projected to witness substantial growth
during the forecast period.
Based
on Application, the market is divided into Oil & Gas, Water & Waste Management, Food & Beverage, Chemical & Petrochemical, Others. Food & Beverages
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Progressing Cavity Pump Market: Type Segment Analysis
-
- Up to 50 hp
- 51–150 hp
- Above 150 hp
Global Progressing Cavity Pump Market: Application Segment Analysis
-
- Oil & Gas
- Water & Waste Management
- Food & Beverage
- Chemical & Petrochemical
- Others
FAQ
Frequently Asked Question
What is the global demand for Progressing Cavity Pump in terms of revenue?
-
The global Progressing Cavity Pump valued at 4400 Million in 2020 and is expected to reach 6,701.59 Million in 2028 growing at a CAGR of 5.4%.
Which are the prominent players in the market?
-
The prominent players in the market are A Ge Company, National Oilwell Varco, Varisco, Circor, Nova Rotors, Baker Hughes, Xylem, Netzsch, Dover, Seepex, Roto Pumps, Schlumberger, ITT, Halliburton, J J Tech, PCM, Weatherford, Borets..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.4% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Progressing Cavity Pump include
- The increasing use of PCPs in enhanced oil recovery and other upstream processes is expected to fuel the growth of the progressing cavity pump market in the years to come.
- The intensifying need for water & wastewater management in developed nations is further expected to augment the growth of the progressing cavity pump market in the near future.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Progressing Cavity Pump in 2020.
