The future of the global split case pump market looks promising with opportunities in the agriculture, construction industry, power industries, water & waste water, oil & gas, and chemical markets. The global split case pump market is expected to reach an estimated $10.6 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are growing need for dual-drive pumps to reduce downtime, rising demand for lightweight pumps, and growing market interest in pumps that deliver superior performance while maintaining low operating costs.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the split case pump market by
type (vertical and horizontal), application (sprinkler systems, hydrant
systems, deluge systems, water curtains and others), end use (agriculture,
construction industry, power industries, water & waste water, oil &
gas, chemicals, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
sprinkler systems, hydrant systems, deluge systems, water curtains and others
are the major segments of split case pump market by application. Lucintel
forecasts that sprinkler systems will remain the largest segment over the
forecast period because of rising installation of this system across various
end-use applications, primarily to mitigate fire hazards, and increasing
adoption in residential settings, including apartments and buildings.
Within this market, oil
& gas will remain the largest segment due to increasing need for crude oil
to support production facilities, domestic transportation, and international
logistics.
APAC will remain the
largest region over the forecast period due to manufacturing sector's
expansion, accelerated industrialization, augmented investments from both
private and public sources in end-use industries, and implementation of broader
government initiatives to bolster manufacturing and the overall economy.
Ksb Group, Grundfos,
Watson-Marlow, Gardner Denver, Kubota, Kirloskar Brothers, Shanghai Kai Quan
Pump, Sulzer, and Patterson Pump Company are the major suppliers in the split
case pump market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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