Quadintel published a recovery-based report for Global “Split Casing Pump Market” that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2030) and develops reliable and approximative timeline estimations up to 2030.
Global Split Casing Pump Market is valued at approximately USD $$ billion in 2019 and is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2020-2027.
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A split casing pump is a type of centrifugal pump where two separate chambers separate the case. A split casing pump is designed and divided accordingly with respect to the impeller along a vertical plane. A split casing pump is driven by bearings on both sides in higher flow applications. One advantage with respect to higher flow pumps is that in the lower half of the case, the split casing pump has opposite suction and discharge connections. The factors driving the growth of the market can be attributed to increased demand for dual-drive pumps to eliminate downtime, increased demand for light weight and decreased floor space for all forms of pumps are the main factors contributing to the growth of split casing pumps on the market. In addition, increased demand for improved performance and low operating cost pumps is expected to fuel the market for split casing pumps, along with increasing investment in new product creation based on R&D activities. Growth in pump sales is expected to expand the demand for split casing pumps . However, the high production cost and price fluctuations of raw materials such as cast iron and ductile iron may act as a restraint for the growing split casing pump market, as the pump consists of two stuffing boxes therefore, two seals or packaging sets per pump are needed. may hamper the growth of split casing pumps.
The regional analysis of the global Split Casing Pump Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share due to the rise in production activity and Internet of Things (IOTs). Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, owing rise in social and economic development in countries along with expansion of agriculture and manufacturing, industries.
Major market player included in this report are:
ANDRITZ
Flowserve Corporation
Gardner Denver Inc.
Grundfos Holding A/S
Hunan M&W Pump Co., Ltd
Kirloskar Brothers Limited
Ksb Group
Kubota Pump
Patterson Pump Company
Psg Dover
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Vertical
Horizontal
By Sales Channel:
Manufacturer
Wholesaler
Distributor
Supplier
Retailer
By Application:
Sprinkler systems
Hydrant systems
Deluge systems
Water curtains
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By Industry:
Agriculture
Construction industry
Power industries
Water & Waste Water
Oil & Gas, Chemicals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each types and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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