0
Allied Market Research
2023
Mechanical Pump Market

Mechanical Pump Market

Size, Share, Competitive Landscape and Trend Analysis Report by Pump Type (Positive Displacement and Centrifugal Pumps), Stage Type (Single Stage and Multi Stage), Application Type (Fuel Pump, Water Pump, Slurry Pump, and Other Fluid Pumps), and End-user Industry (Construction, Manufacturing, Oil & Gas, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A16622
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

The global mechanical pump market is experiencing significant growth and is expected to grow considerably in the next few years. Mechanical pump is used across various industries to transfer fluids between different systems. They incorporate mechanical actions to move fluid from the low-pressure area to the high-pressure area. Furthermore, they are used as boosters in a long pipeline network. In addition, it can be used to simply move fluid in a loop around a system. They are widely used in industries such as construction, manufacturing, and oil & gas to pump fluids such as water, fuel, chemicals, and other fluids, including slurries. These pumps are categorized as single-stage and multi-stage, based on the total number of mechanical actions they incorporate to pump fluid. Typically, more stages means more efficiency. This is the reason why multi-stage pumps are in high demand. Moreover, mechanical pumps are advanced machinery, and major players in the mechanical pump industry adopt advanced technologies to increase the efficiency and pumping capacity of their products to sustain the competition in the mechanical pump market.

Market Scope and Structure Analysis

Description

A mechanical pump is a machine that pumps fluid by creating vacuum to produce low pressure, which causes the fluid to rise to a higher altitude. They are of two types: positive displacement pumps and centrifugal pumps. A positive displacement pump moves a fluid by enclosing a fixed volume of fluid and moving it mechanically, whereas the centrifugal pump uses impellers to create vacuum or lower pressure on one side of the pump to suck and pump the fluid. 

COVID-19 Impact Analysis

  • The COVID-19 pandemic has ceased the production of various products in the mechanical pump industry, which is attributed to the global lockdown. This has hampered the growth of mechanical pump market in the years  and a similar trend is expected to be seen in the first half of 2022.
  • The major demand for mechanical pump was previously noticed from giant developed and developing countries, including the U.S., Germany, Italy, UK, and China, which are negatively affected by the spread of the coronavirus, thereby declining the demand for mechanical pump.
  • Further, the long-term impact of the lockdown is currently vague and financial recovery of companies is totally based on their cash reserves. Mechanical pump manufacturers can afford a lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce their expenses. On the contrary few players adopted employee lay-offs to sustain themselves during the COVID-19 health crisis.
  • Mechanical pump manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond to immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce. 

Top Impacting Factors

Rapid urbanization across the world is driving a huge demand in the construction sector. The construction industry uses mechanical pumps to pump concrete and other slurries and fluids. Thus, the rise in construction is expected to boost the demand for the mechanical pump market. Furthermore, the oil & gas sector is witnessing a boom due to the rapid rise in the global population. This pattern is expected to drive demand in the mechanical pumps market. Moreover, the wide range of usage of mechanical pumps makes them versatile machines, so the demand in the mechanical pump market is anticipated to increase. However, cavitation, which is one of the inherent problems of mechanical pumps, is a restraining factor hindering the growth of the mechanical pump market. Contrarily, technological developments in mechanical pump products such as adoption of automation, use of the internet of things (IoT), and other industry 4.0 advancements can boost the efficiency and life of the mechanical pumps. This is expected to create lucrative opportunities for the mechanical pump market's growth during the forecast period.

Market Trends

  • New products that contain improved capabilities are launched by leading market players. They take necessary steps to improve overall functionality of the products. For instance, in February 2020, Weir Group PLC, a UK-based mechanical pump manufacturer, launched three new pumps under its Lewis brand. These pumps are meant for sulphur, sulphuric, and phosphoric acid industries. The new pumps incorporate Lewmet nickel-chrome alloy for better life.
  • Similarly, businesses in the mechanical pump market adopted agreement as their key developmental strategy to leverage the strengths of each company. For instance, in August 2019, Zenit International SpA, a manufacturer of submersible electric pumps, signed a strategic alliance agreement with Japan based Tsurumi Manufacturing Co., LTD, a global leader in the production and distribution of electric pumps. Under this agreement, both companies agreed to support each other commercially as well as financially.
  • Moreover, business expansion strategies assist in enhancing the geographic footprint of the company and help in gaining significant market share for mechanical pump products. For instance, in June 2021, Germany-based Wilo Group invested in Malaysia to open an assembly plant in Kuala Lumpur, Malaysia. This facility will serve as a platform to supply the entire South East Asia region with Wilo pumps. 

Key Benefits of the Report

  • This study presents the analytical depiction of the mechanical pump industry along with the current trends and future estimations to determine the future investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities, along with detailed analysis of the mechanical pump market share.
  • The current market is quantitatively analyzed to highlight the mechanical pump market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed mechanical pump market analysis based on competitive intensity and how the competition will take shape in coming years.

Mechanical Pump Market Report Highlights

Aspects Details
By Pump Type
  • Positive Displacement
  • Centrifugal Pumps
By Stage Type
  • Single Stage
  • Multi Stage
By Application Type
  • Fuel Pump
  • Water Pump
  • Slurry Pump
  • Other Fluid Pumps
By End-user Industry
  • Construction
  • Manufacturing
  • Oil & Gas
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Rest of Europe)
  • Asia-Pacific   (China, Japan, India, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Mechanical Pump Market

Start reading.
This Report and over 71,223+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690  $3,321
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930  $3,537
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820  $4,947
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540  $5,559
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870  $7,896
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
*Terms and Conditions Apply
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers