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Positive Displacement Pumps Market Trends

Report ID: GMI3561
Published Date: Aug 2024
Report Format: PDF

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Positive Displacement Pumps Market Trends

In the positive displacement industry, there is a growing focus on energy efficient pumps which is the driving business expansion. More industries are using high-efficiency motors and variable frequency drives (VFDs) to optimize pump performance and reduce energy use. This trend is due to stricter global energy efficiency regulations. Additionally, industries are focusing on sustainability, increasing the demand for pumps that lower operational costs through reduced energy consumption. Manufacturers are responding by creating advanced pump designs and adding smart technologies to improve energy efficiency, meeting both regulatory requirements and industry demands for greener operations.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of positive displacement pumps was worth over USD 17.58 billion in 2023 and is anticipated to register over 3.3% CAGR between 2024 and 2032, led by the expansion of the global oil & gas sector.

The rotary type segment in the positive displacement pumps market is expected to reach USD 12.59 billion by 2032, owing to their reliability and durability in demanding conditions.

Asia Pacific positive displacement pumps market is expected to reach USD 12.21 billion by 2032, led by rapid industrialization and extensive infrastructure development.

Colfax Corporation, Dover Corporation, Ebara Corporation, Flowserve Corporation, Gardner Denver, Grundfos Holding A/S, HERMETIC-Pumpen GmbH, ITT Inc, and KSB SE & Co. KGaA