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Allied Market Research

Mono Block Pumps Market - Global Opportunity Analysis and Industry Forecast, 2020–2027

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Aug 2021 | 211 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Mono Block Pumps Market Outlook - 2027

The mono block pump is nothing but a mechanical device which contains motor that act as main component that moves the pump. The pump and motor are coupled in the same housing without any link device between the two shafts. Mono block pumps are used for various  applications such as agriculture, sprinkle and drip irrigation, de-watering of mines, fire frightening, and water supply for building. they have their most important use in field of agriculture .apart from this,  mono block pumps has some outstanding and unique features that are  simple to use, higher degree of efficiency on the basis of power consumption, and compactness. Moreover, mono block pump is coupled directly to the motor, which is the key mover of the pumping action. The centrifugal mono block pumps are mainly recommended for freshwater as well as fluids which are not chemically violent toward the components of the pump. These pumps are mainly used for agriculture, industrial, civil due to their consistency and strength.

 Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD Millions)

  Segments covered

  Type, Business Type, Application, and Region

  Geographies covered

North America (US and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

  • ABB
  • Siemens AG
  • General Electric Company
  • Toshiba Corporation
  • WEG
  • TECO Energy Inc.
  • CG Power and Industrial Solutions Limited



 

 

Covid impact on industry -

COVID-19 pandemic has shut-down the production of various products in the mono block pumps market industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of mono block pumps market significantly from last few months, as is likely to continue during 2020.

COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.

The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.

Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.

Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

  • Increasing awareness about conservation of water 

Consistent rise in awareness about water conservation across the globe and increasing initiatives by governments of different countries for water resource management are major factors that likely to drive the global mono block market in the next few years.  Furthermore, demand for mono block pump has increased due to rapid increase in population and dependency on water in industrial, residential, and commercial applications, which in turn is expected to drive the mono block pump market across the globe.

  • surge in construction activities and development of infrastructure

Moreover, residential and industrial development in developed and developing countries along with increasing mechanization in farming and surge in construction activities and development of infrastructure coupled with government initiatives are expected to boost the mono block pump market during the forecast period. today, we all lead a modern lifestyle where we use shower panels, Jacuzzis & contemporary faucets in our bathrooms that necessitate a pressurized supply of water. This particular need of regular water supply is suitably catered via monoblock pumps. So, there is no doubt that monoblock pump is an ideal choice for domestic us. According to, the modern situation, the market is busy with a large collection of water pumps. The majority of the consumers prefer water pump which can be simply maintained and at the same time pocket friendly as well. This is where monoblock pumps are the best option for you. These pumps suitably accomplish domestic and commercial water necessities. Being loaded with modern features and benefits, they enjoy enormous requirements.

Key segments covered:

Segments

Sub-segments

  Type

  • Centrifugal Mono block Pumps
  • Self-Priming Mono block Pumps
  • Submersible Mono block Pumps
  • Booster Pumps
  • Agriculture Monoblock Water Pumps

 


 

  Business type

  • Manufacturer
  • Exporter
  • Wholesaler
  • Retailer

 

  • MEA

  •  

  Application

  • Industrial
  • Commercial
  • Residential
  • Municipal

 

Key benefits of the report:

  • This study presents the analytical depiction of the mono block pumps  market along with the current trends and future estimations to determine the future of the market 
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of mono blocks pump market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the mono block pump  market growth scenario.
 
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