New York, According to a new market research report published by Global Insight Services “Progressing Cavity Pump Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A progressing cavity pump is a positive displacement pump that uses a rotating screw to move fluid through a fixed casing. The screw is the only moving part in the pump, and it rotates within a close-fitting cavity. The cavity is formed by the screw and the pump casing, which has a smooth, cylindrical inner surface.
Fluid enters the pump at the inlet, where the screw is widest. As the screw rotates, it progressively reduces the volume of the cavity, causing the fluid to be drawn up the screw and through the pump. The fluid is then discharged at the outlet.
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Key Trends
The key trends in Progressing Cavity Pump technology are:
1. Increased Efficiency: Progressing cavity pumps are becoming increasingly efficient, thanks to advances in design and manufacturing. This means that they can handle larger volumes of fluid with less energy consumption.
2. Improved Durability: Progressing cavity pumps are also becoming more durable, thanks to improved materials and design. This means that they can withstand more wear and tear, and last longer before needing to be replaced.
3. Greater Versatility: Progressing cavity pumps are becoming more versatile, thanks to advances in design and manufacturing. This means that they can be used in a wider range of applications, such as in high-pressure or high-temperature environments.
Key Drivers
The key drivers of Progressing Cavity Pump market are its wide range of applications, increasing demand from end-use industries, and technological advancements.
Progressing cavity pumps are widely used in a variety of industries such as oil & gas, wastewater treatment, food & beverage, pharmaceuticals, and others. These pumps are used for pumping viscous, shear-sensitive, or abrasive liquids, which makes them an ideal choice for a wide range of applications.
Market Segments
The global Progressing Cavity Pump Market is segmented based on power rating, application, pumping capacity, and region. By power rating, it is bifurcated into below 50 HP, 51 HP – 150 HP and above 150 HP. By pumping capacity, it is further classified into up to 500 GPM, 501 GPM – 1000 GPM and above 1000 GPM. By application, it is divided into oil and gas, water and wastewater management and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Companies
The Fiber Optic Cables Market includes players such as Xylem, Weir , Sulzer , Roto Pumps , EBARA Corporation , Wilo , ITT Corporation, NETZSCH , CIRCOR International , SEEPEX, and BORETS International.
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Reasons to buy Progressing Cavity Pump Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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