Double Suction Pump Market (Type - Vertically Split, and Horizontally Split; End-user - Power Generation, Water and Wastewater Treatment, Industrial, Irrigation, and Marine): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

A recent report published by Infinium Global Research on the double suction pump market provides an in-depth analysis of segments and sub-segments in the global as well as regional double suction pump market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional double suction pump market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global double suction pump market. According to the report, the global double suction pump market is projected to grow at a significant CAGR over the forecast period of 2022-2028. 

Market Insight

One of the most important tools that are frequently utilized in several homes, commercial, and agricultural applications is pumps. A double suction pump is one that maintains hydraulic balance by allowing water to enter via both sides of the impeller in its spiral casing. One of the different kinds of centrifugal pumps. In a double suction pump, the impellers are positioned on the pump shafts, and the total flow rate is spread over them. In comparison to single-suction pumps, double-suction pumps are easily capable of producing larger flow rates. Double suction pumps endure less wear and tear than other types of pumps due to the reduced axial force. Industrial, agricultural, and home uses for these pumps are very common. 

The demand for pure water for diverse industrial, household, and agricultural applications has increased due to a growing population and expanding industrial operations. The demand for double suction pumps from the wastewater treatment sector has increased as a result of increased investments in wastewater treatment and a large growth in the number of wastewater treatment plants. Desalination plants for the treatment of brackish water have increased in number in areas with a shortage of potable water in order to meet the growing demand for pure water. The demand for double suction pumps will grow as there are more desalination facilities. Double suction pumps are crucial components of large hydropower projects that are used to generate electricity in a number of different nations. The high cost of maintenance can become a restraining factor for the market. New opportunities are expected to arise as technological advancements in pumping methods are expected to new opportunities. 

The regions that make up the global double suction pump market are North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The market for double suction pumps is estimated to grow steadily during the forecasted period. The double suction pump market has expanded there as a result of the area's rising population. The expansion of the area's pumps has also been impacted by the rise in energy usage. China and India are the two largest markets in the region for double suction pumps. Similar to this, the growth of several companies in Europe has increased the demand for wastewater treatment, which has positively influenced the double suction pump market in the region. The rising exploration activities in the region are primarily responsible for the double suction pump market's growth in North America. The USA is by far the most significant nation in North America. 

Segment Covered

The report on the global double suction pump market covers segments such as type, and end-user. On the basis of type, the sub-markets include vertically split, and horizontally split. On the basis of end-user, the sub-markets include power generation, water and wastewater treatment, industrial, irrigation, and marine. 

Companies Profiled:

The report provides profiles of the companies in the market such as Xylem Inc., Sulzer Ltd., Torishima, Goulds Pumps, Modo Pump Co, Sintech Pumps, Shanghai Pacific Pump Group, Buffalo Pumps, Pumpiran, and Hunan Credo Pump.. 

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the double suction pump market. Moreover, the study highlights current market trends and provides forecasts from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players.