London, 12 August 2015: Technavio, the independent tech-focused global research firm, has published a report on the global rotary pump market 2015-2019, which is expected to grow at a CAGR of 7.29% during the forecast period of 2014-2019.
The rising demand for various types of rotary pumps, such as screw, gear, lobe, and vane pumps is expected to augment growth in this market. Rotary pumps find various applications in different industry verticals like the wastewater management industry, where it is used during the recycling of wastewater. These pumps are vital for companies that encounter high-energy costs, such as oil and gas recovery and cargo transfer in the aerospace segment.
“Variable speed drives help in the efficient adjustment of pump speed, thereby responding to fluctuations in flow and pressure demand of the system they are integrated in. These drives enable significant energy savings; smooth, noise-free operation; and reduced cooling needs, thereby reducing pump size,” says Faisal Ghaus, Vice President of Technavio.
“The oil-sealed rotary screw pumps with variable speed drive are a new range of highly efficient pumps offered by Atlas Copco. Thus, integrated systems of pumps and automotive solutions are likely to result in increasing opportunities in the market.”
Key Market Drivers:
- Growth in water recycling and wastewater management industry
- Growth due to environmental regulations
- Increase in infrastructure development in Asia Pacific (APAC)
Key Market Trends:
- Increase in M&A
- Integration of pumping systems with automotive solutions
- Demand for turnkey solutions
Key Market Vendors:
- Atlas Copco
- Busch
- Gardner Denver
- Pfeiffer Vacuum
- ULVAC
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
