Dewatering Pump Market Analysis, Industry Overview and Growth rate, Research Report 2020-2025 – QYR Consulting
Industry: Market Research
Latest trends report on global Dewatering Pump market 2020 with upcoming industry trends, size, share, top companies profiles, growth report and forecast by 2025.
Los Angeles, CA (PRUnderground) January 28th, 2020
QYR Consulting has lately published a new report titled, Dewatering Pump Market Report: Company Analysis, History and Future Overview, Global Sales Trends by 2025. The researchers have offered a broad understanding of the industry with the help of research methodologies such as PESTLE Analysis and Porter’s Five Forces.
Centrifugal pumps that are set up in a building or a structure situated below the groundwater level to decrease the water level and maintain it are known as dewatering pumps. These pumps find application in the municipal, agricultural, construction, and residential sectors. Manufacturers are stressing on developing pumps with high efficiency, reliability, and wide-capacity range in order to meet the requirements of the end-use sectors.
The dewatering pump market has been undergoing a number of product launches and development. For instance, LB-800A submersible dewatering pump has exceptional motor cooling efficiency and extended dry run capability. Moreover, it allows incessant duty operation at low water levels. The epoxy and rubber encapsulated timing relay of the pump turns the unit off whenever the liquid is not there, thereby saving energy and extending the life of the motor as well as bearings. Such product launches are drive the sale of dewatering pumps, thereby having a positive impact on the market growth.
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Growing Demand from the Mining Sector to act as a Key Driver in the Market
Surge in the demand from the mining and sludge treatment industries is a key factor supporting the dewatering pump market growth. Rapid industrialization and urbanization are raising the number of building and construction activities across the globe, particularly in developing economies. This has increased the need for dewatering pumps among the construction sector, thereby having a positive impact on the dewatering pump market growth. Technological advancements
Rising awareness regarding high efficiency of the pumps is boosting the adoption of dewatering pumps in the construction industry. Moreover, advancement in technologies is likely to offer lucrative opportunities for the market.
The report comprises detailed profiles of leading key players of Dewatering Pump industry: Xylem, KSB, Ebara, Grundfos, Tsurumi Pump, Honda Power Equipment, Nanfang Pump Industry, Veer Pump, Sulzer, Zhejiang EO Pump, Mersino Dewatering, Zoeller Pumps, Wacker Neuson, and The Weir Group.
Dewatering Pump Market Segmentation
By Product Type
Submersible Dewatering Pumps
Non-Submersible Dewatering Pumps
Mining and Construction
Oil and Gas
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– What will be the market size in terms of value and volume in the next five years?
– Which segment is currently leading the market?
– In which region will the market find its highest growth?
– Which players will take the lead in the market?
– What are the key drivers and restraints of the market’s growth?
As per the analysts, non-submersible dewatering pumps are expected to witness a surge in the demand owing to their long-range operation capabilities and exceptional durability. The market has been divided on the basis of application as mining and construction, oil and gas, industrial, municipal, and others. According to the researchers, dewatering pumps are gaining traction in the mining and construction sector owing to surge in the construction activities, particularly in developing countries including India and China. The report also provides a comprehensive analysis of the other application segments of the global dewatering pump market.
The booming construction industry and economic growth are expected to drive the demand for dewatering pumps in Asia Pacific in the coming years. The growth of the mining sector could be one of the leading factors supporting the overall growth of the dewatering pump market in the Asia Pacific. Europe is expected to come up as a key region in the dewatering pump market in the near future. The regional analysis will give a clear understanding to the readers regarding the current and future situations of the dewatering pump market.
Aceess Full Report Details at https://www.qyrconsulting.com/reports/dewatering-pump-market
About QYR Consulting
QYR Consulting established as a research firm in 2007 and has since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for a wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.