Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the sewage pump market provides an in-depth analysis of segments and sub-segments in
the global as well as regional sewage pump market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional sewage 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 sewage pump market. According to the report, the global sewage pump
market is projected to grow at a CAGR of 5.8% over the forecast period of
2020-2026.
A sewage pump is used for various infrastructure projects
from supplying water to canals, and the removal of sewage to the processing
location. Further sewage pumps handle loads of water in a small amount of time
along with a cost-effective solution that will increase the demand in the near future. A growing number of wastewater treatment plants globally is driving the demand
for Sewage pumps in the manufacturing industry. Increasing the need for environmental
sustainability and rising consumer awareness about the impact of wastewater or
polluted water enhancing the demand for sewage pumps.
Further, stringent
government regulations on wastewater management will augment the demand for
sewage pump market. However, the high cost of replacing aging equipment may hamper
the demand and restrain the sewage pump market. The rise in residential
construction parallelly increasing the adoption of sewage treatment plants
propel the demand for sewage pumps in the forecast period. Additionally, the
current concerns over the spread of coronavirus are declining the demand for
Sewage pump in the global market. Continuous focus reducing the effect of infections and growing health consciousness will continue the growth of the sewage
pump. Further, supply and demand disruption due to COVID 19 impact on emerging
countries such as India and China anticipated impacting on the growth of the
market. Furthermore, increasing hygiene concerns and waste management will
increase the demand for sewage pump.
Geographically, North America held the largest share in
Sewage pump market in 2019. The US is a key revenue generator in North America
Sewage pump market. Factors such as increasing stringency in regulatory norms
regarding waste management and a high rate of adoption of advanced sewage pumps
will increase demand for the Sewage pump market in this region. However, an increase
in the number of wastewater management projects is anticipated to bring rapid
growth in the market. Moreover, the Asia Pacific region is anticipated to grow
with the fastest CAGR owing to increasing environmental consciousness in the
Asian countries.
The report on the global sewage pump market covers segments such
as product type and application. On the basis of product type, the sub-markets
include surface sewage pump, and submersible sewage pump. On the basis of
application, the sub-markets include residential, commercial, and industrial.
The report provides profiles of the companies in the market
such as Xylem Inc., Sulzer Ltd., KSB SE & Co. KGaA, Grundfos Holding A/S, Wilo
Group, Armstrong Fluid Technology, Nanjing Lanshen Pump Corp. Ltd., Tsurumi
Manufacturing Co. Ltd., The Gorman-Rupp Company, and C.R.I. Pumps Private Ltd.
The report provides deep insights into the 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 an 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 sewage pump
market. Moreover, the study highlights current market trends and provides
forecast from 2020-2026. 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 an insight into the
market share of the leading players.
Please Choose One of them.