The global market for canned motor pumps is slated to register a splendid growth during the forecast period, 2017 to 2026. Nearly US$ 4,800 Mn worth of canned motor pumps are estimated to be sold around the world by 2026-end. In addition, volume sales of canned motor pumps are forecast to exceed 7,000 Mn units by 2026-end.
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More and more seal-less canned motor pumps are witnessing adoption for conveying of liquefied gases in the chemical sector. This is mainly because of their low life cycle costs, significant noise reduction, higher operational safety & efficacy, and particularly owing to their high degree of eco-friendliness. Canned motor pumps are being considered as an effective and safe alternative to the conventional centrifugal pumps, as well as the magnetic drive pumps. Environment awareness that has propelled over the past few years has led to the implementation of stricter regulations apropos to safety and health on the petrochemical and chemical plants.
Each segment of the Canned Motor Pumps market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
North America, Latin America, Europe, Japan, APEJ, and MEA
The key players in the global Canned Motor Pumps market report consist of
Subaru Corporation, Ryobi Limited, Lifan Industry (Group) Co., Ltd., Briggs & Stratton Corporation, Wuxi Kipor Power Co. Ltd., Toshiba Corporation, Hyundai Motor Company, Champion Power Equipment, Inc., Generac Holdings Inc., Yamaha Motor Co., Ltd., and Honda Motor Co., Ltd.
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Each market player encompassed in the Canned Motor Pumps market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the Canned Motor Pumps market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.
On the basis of product type, the global Canned Motor Pumps market report covers the footprint, and consumption of the segments including
• Standard Pumps
• High Temperature Pumps
• Reverse Circulation Pumps
• Liquid Pumps
• Multistage Pumps
• Others
The global Canned Motor Pumps market covers the demand trends of each end user which includes
• Chemical
• Water & wastewater
• Oil & gas
• Pharmaceutical
• Food & beverages
• Agricultural
• Others
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The Canned Motor Pumps market report answers the following queries:
1. Which players hold the significant Canned Motor Pumps market share and why?
2. What strategies are the Canned Motor Pumps market players forming to gain a competitive edge?
3. Why region is expected to lead the global Canned Motor Pumps market?
4. What factors are negatively affecting the Canned Motor Pumps market growth?
5. What will be the value of the global Canned Motor Pumps market by the end of 2026?
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