This Split Casing Pumps market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Split Casing Pumps market.
Split Casing Pumps Market: Introduction
A split casing pump is a type of centrifugal pump in which the case is separated by two separate chambers. Concerning the impeller along a vertical plane, a split casing pump is designed and divided accordingly. In higher flow applications, a split casing pump is assisted by bearings on both sides. One advantage with respect to higher flow pumps is that the split casing pump has opposite suction and discharge connections in the lower half of the case.
Split Casing Pumps Market: Market Dynamics
The key factors contributing to the growth of split casing pumps Market are increased demand for dual-drive pumps to minimize downtime, increased demand for lightweight and reduced floor space for all kind of pumps. Furthermore, increased demand for better efficiency and low operating cost pumps along with rising investment in new product development focusing into R&D activities are anticipated to boost the split casing pumps Market. Growth in pump sales is expected to aid the split casing pumps market expand during the forecast period.
A challenging factor which could pose a threat to the growing split casing pumps Market is the high product cost as the pump comprises of two stuffing boxes, so two seals or packaging sets are necessary per pump. The price fluctuations of materials like cast iron, ductile iron could affect the growth of split casing pumps market. Such factors may negatively impact for the growth of split casing pumps market.
Emergence of natural gas and its rising number will accelerate the split casing pumps Market growth and open opportunistic avenues in the coming years. Installation of split casing pumps is expected to witness surge in various industries such as agriculture, chemical, oil and natural gas etc.
It is anticipated that low cost and high efficiency provided by pump casing materials such as plastics will aid in the forecast period in the sales growth of pump casing materials. Water infrastructure industry growth is expected to propel the requirement for pumps, which in turn is expected to contribute to the growth of Split Casing Pumps market.
A trending factor in the split casing pumps market is the variety of product offering wherein split casing pumps can be customized into in various shapes, sizes as per the requirement in power industries. Estimated factors that propel the global pump casing market are the rise in infrastructure development, especially in developing economies.
Split Casing Pumps Market: Regional Outlook
The split casing pumps market is highly fragmented in Asia-Pacific owing to a dominant share of players in unorganized segment currently dominating the market. Rising construction industry will create favorable platform for the sales of split casing pumps, in emerging economies such as China and India.
North America, out of all regions is expected to witness decent growth in split casing pumps market in the near future adhering to demand from the chemical and oil and natural gas industries. Middle East and Africa region has a well-established oil and natural gas industry and a moderately growing construction and chemicals industry.
It is projected that the growth of these industries in the Middle East and Africa will help to increase pump demand and growth of split casing pumps market. Due to the high mining activity in the northern parts of Europe along with rising chemical and construction industries, Europe is anticipated to fuel demand for split casing pumps. Split casing pumps materials are expected to grow in witness growth in sales in Latin America owing to the increase in pump demand from the region's moderately rising infrastructure industry.
Split Casing Pumps Market: Market Participants
Some of the key market participants in the global Split Casing Pumps Market are as follows:
- Ksb Group
- Grundfos Holding A/S
- Watson-Marlow Inc.
- Gardner Denver Inc.
- Kubota Pump
- Kirloskar Brothers Ltd
- Shanghai Kai Quan Pump (Group) Co. Ltd.
- Sulzer Ltd.
- Psg Dover
- Patterson Pump Company
- Flowserve Corporation
“The research report on Split Casing Pumps market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Split Casing Pumps market report also contains projections using a suitable set of assumptions and methodologies. The research report on Split Casing Pumps market provides analysis and information according to market segments such as product type, material type, capacity and end use.
The Split Casing Pumps market report covers exhaustive analysis on:
- Split Casing Pumps Market Segments
- Split Casing Pumps Market Dynamics
- Split Casing Pumps Market Size
- Split Casing Pumps Supply & Demand
- Split Casing Pumps Current Trends/Issues/Challenges
- Split Casing Pumps Competition & Companies involved
- Split Casing Pumps Technology
- Split Casing Pumps Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The Split Casing Pumps market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Split Casing Pumps market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Split Casing Pumps market report also maps the qualitative impact of various market factors on market segments and geographies.
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Split Casing Pumps Market: Market Segmentation
Based on type, the global Split Casing Pumps Market can be segmented into:
Based on Application, the global Split Casing Pumps Market can be segmented into:
Based on End Use Industry, the global Split Casing Pumps Market can be segmented into:
- Construction industry
- Power industries
- Water & Waste Water
- Oil & Gas
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions
What research methodology is used to develop the Split Casing Pumps Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Split Casing Pumps Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
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In addition to up-to-date market figures and customized of the Split Casing Pumps Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.