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Construction Pump Market Trends

Report ID: GMI10572
Published Date: Aug 2024
Report Format: PDF

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Construction Pump Market Trends

Automation is transforming the construction pumps industry by enhancing efficiency and reducing labor costs in various industries. Automated systems streamline processes, enabling pumps to perform tasks with greater precision and consistency, thus minimizing manual labor. Remote operation features allow operators to manage pumps from a distance, improving convenience and oversight. Integration with other construction equipment boosts worksite productivity. Automation also provides critical performance data for optimizing operations and planning future projects. Overall, automation in industries drives the efficiency, reliability, and cost-effectiveness in the market. Manufacturers are introducing new pumps to meet rising demand.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of construction pump was worth around USD 5.55 billion in 2023 and is anticipated to register 4.7% CAGR between 2024 and 2032, driven by rapid urbanization and infrastructure development.

The centrifugal segment in the construction pump market is expected to record 4.7% CAGR through 2032, due to their high efficiency and performance in moving large volumes of fluids.

North America construction pump market is anticipated to record 4.7% CAGR through 2032, driven by the robust construction industry and technological advancements.

Atlas Copco AB, BJM pumps, Ebara Corporation, Flowserve Corporation, Grundfos, ITT Inc., KSB SE & Co. KGaA, MDM Incorporated, Pentair PLC, Seepex Incorporation, SPX Flow Incorporation, and Sulzer Ltd., among others.