The global double suction pump market valued at USD 21.92 Billion in 2022. The market is further expected to flourish and gain a size of USD 34.07 Billion by end of 2032. This industry is expected to grow with a CAGR of 4.51% in the forecast period.
Double-suction pump easily provides higher flow as compared to single-suction pumps. The reduced axial force is the reason behind this preference for such pumps. These pumps face less wear and tear in comparison to others. Pumps are one of the important devices that are widely used in various industrial, domestic, and agricultural applications. A pump that has a spiral casing in which water can enter through both sides of the impeller to maintain the hydraulic balance is known as a double suction pump. It is one of the types of centrifugal pump.
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The worldwide double suction pumps arcade is highly competitive owing to local and international firms. There are distinct business tactics availed by these companies which include strategic business moves such as acquisitions. Many pump manufacturers go for mergers and partnerships. The new designs by leading companies enhance their market penetration and customer loyalty. These tactics are likely to influence positively the suction pumps market share in the forecast duration.
Key Companies Profiled:
Modo Pump Co
Shanghai Pacific Pump Manufacture
Hunan Credo Pump.
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- On the basis of product type :
- Vertically Split Double Suction Pump
- Horizontally Split Double Suction Pump
- On the basis of material type :
- Cast Iron
- Polymer & Composite
- On the basis of end-use application :
- Waste Water Treatment
- Water Supply
- Power Generation
- On the basis of the Region :
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
- Eastern Europe (Russia, Poland, CIS)
- Asia Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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Questionnaire answered in the Double Suction Pump Market report include:
- How the market for Double Suction Pump has grown?
- What is the present and future outlook of the global Double Suction Pump on the basis of region?
- What are the challenges and opportunities for the Double Suction Pump?
- Why the consumption of Double Suction Pump highest in region?
- In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
- Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Double Suction Pump market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Double Suction Pump market, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Double Suction Pump market and assists to create strategies to overcome the obstacles that may hinder the growth of the Double Suction Pump market.
- Leverage: The Double Suction Pump market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Double Suction Pump market.
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