Pumps and Valves Services Market
Pumps and Valves Services Market Global Industry Assessment & Forecast
#
Pages:
175
2021
Nov - 2021
VMR-2021-0278
Segments Covered
By
Type Pump services, Valves services
-
By
Application Oil and gas industry, Water and wastewater industry, Chemical and petrochemical industry, Power industry
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
5059 Million |
 Revenue 2028:
|
6508.12Million |
 Revenue CAGR
(2021 - 2028): |
3.2 |
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
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Type Analysis: Preview On the basis of Type,
the market is segmented into Pump services, Valves services. Food Grade held the
highest share in 2020 and is expected to grow at a significant rate over the
forecast period. This is attributed to the rising demand for the Food Grade
in developing countries such as China and India. Digitalization in Asia Pacific
region has led to a surge in the usage of technology in various business
processes over the past few years. Rising adoption of online platforms across
various sectors along with analytical solutions, IoT, AI, and Blockchain
technology to gain a competitive advantage is also paving the way for the Pumps and Valves Services
market growth. Application
Analysis: Preview
Based on Application,
the market is segmented into Oil and gas industry, Water and wastewater industry, Chemical and petrochemical industry, Power industry. Food & Beverages held the
largest share and is projected to grow at a notable CAGR over the coming years.
Rising demand for Pumps and Valves Services in various countries
such as the U.S., Germany, China, India, and Japan, among others is likely to
support the growth of the market. Numerous companies are focusing on investing
heavily in this application to cater the end user requirements effectively.
Global Pumps and Valves Services Market: Type Segment Analysis
-
- Pump services
- Valves services
Global Pumps and Valves Services Market: Application Segment Analysis
-
- Oil and gas industry
- Water and wastewater industry
- Chemical and petrochemical industry
- Power industry
FAQ
Frequently Asked Question
What is the global demand for Pumps and Valves Services in terms of revenue?
-
The global Pumps and Valves Services valued at 5059 Million in 2020 and is expected to reach 6508.12Million in 2028 growing at a CAGR of 3.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Franklin Electric, KSB, Gates, Alfa Laval, Flowserve, Wilo, Eaton, Weir, Lewis-Goetz, GE, North American hydraulics, Universal Plant Services, LEWA, Grundfos..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Pumps and Valves Services include
- The increasing demand for valves from healthcare and pharmaceuticals industries due to COVID-19 pandemic is anticipated to augment the growth of the pumps and valves services market over the forecast period.
- The increasing demand from various economies in healthcare industry and increasing R&D investments in the pharma field is anticipated to fuel the growth of the pumps and valves services market.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Pumps and Valves Services in 2020.
