Progressing Cavity Pump Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Progressive cavity pump is also termed as eccentric screw pump or progg cavity pump which is a sort of positive displacement pump. It transfers the fluid when the rotary mechanical device is turned through the pump of a sequence of small, fixed shape, discrete cavities by means of progress. Some of the typical progressive cavity pump which are used are dough, pulps, mashes, slurry from recycling plant, etc. It has an excellent property of good abrasion resistance, low maintenance, low surface noise levels and low profile surface equipment. Multiple industries such as oil & gas, food & beverages, etc. are involved in using progressive cavity pump.

MARKET DYNAMICS

The global progressive cavity pump market is growing at a significant pace owing to driving factors such as increasing demand from water & wastewater industry due to its characteristics of handling high viscosity fluid. Furthermore, Increasing use in power generation due to its low cost is likely to drive the demand for progressing cavity pump in the coming years. However, high to moderate maintaneance cost is projected to hinder the growth of progressive cavity pump market. Likewise, growing investment due to its minimise flow and power, maximum volumetric, and high mechanical efficiency may provide a lucrative opportunity for the market players in the near future.

MARKET SCOPE

The "Global Progressive Cavity Pump Market Analysis to 2031" is a specialized and in-depth study of the energy and power industry with a special focus on the global market trend analysis. The report aims to provide an overview of the progressive cavity pump market with detailed market segmentation by power rating, end-user, and geography. The global progressive cavity pump market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading progressive cavity pump market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global progressive cavity pump market is segmented on the basis of power rating and end-user. On the basis of power rating, the progressive cavity pump market is segmented into, up to 50 hp, 51 hp-150 hp, above 150 hp. Based on end-user industry, the global progressive cavity pump market is segmented into, oil & gas, water & wastewater management, food & beverage, chemical & petrochemical, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global progressive cavity pump market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The progressive cavity pump market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the progressive cavity pump market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the progressive cavity pump market in these regions.

MARKET PLAYERS

The reports cover key developments in the progressive cavity pump market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from progressive cavity pump market are anticipated to lucrative growth opportunities in the future with the rising demand for progressive cavity pump in the global market. Below mentioned is the list of few companies engaged in the progressive cavity pump market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the progressive cavity pump market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Circor Inc.
• Dover Corporation
• Erich Netzsch Gmbh & Co. Holding Kg
• Halliburton Company
• National Oilwell Varco
• Pcm Inc.
• Pk Borets Ooo
• Schlumberger Limited
• Weatherford International Plc.
• Xylem Inc.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Progressing Cavity Pump Report Scope