一軸ねじポンプ市場 : 2029年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

Progressing Cavity Pump Market – Global Forecast To 2029

一軸ねじポンプ市場 : 出力定格 (最大 50 馬力、51 ~ 150 馬力、150 馬力以上)、ポンプ能力、エンドユーザー (石油とガス、水と廃水処理、食品と飲料、食品廃棄物、バイオガス、バッテリーのリサイクル)、地域別 – 2029年までの世界予測
Progressing Cavity Pump Market by Power Rating (Up To 50 Hp, 51–150 Hp, Above 150 Hp), Pumping Capacity, End-User (Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Food Waste, Biogas, Battery Recycling) and Region – Global Forecast to 2029

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Report Overview

The global market for progressing cavity pumps is poised for substantial growth, with a projected trajectory reaching USD 3.6 billion by the year 2029. This represents a noteworthy increase from the estimated value of USD 2.8 billion in 2024, reflecting a steady Compound Annual Growth Rate (CAGR) of 5.0% over the period spanning from 2024 to 2029.

一軸ねじポンプ市場は、2024 年から 2029 年までの期間にわたる 5.0% の安定した年間平均成長率 (CAGR) を反映し、2024 年の推定値 28 億米ドルからの注目すべき増加を表しています。

一軸ねじポンプ市場 : 2029年までの世界予測

The global market for progressing cavity pumps is undergoing significant growth, driven by several key factors that are propelling its expansion on a worldwide scale. Primarily, the surge in industrialization and urban development in emerging economies, combined with ongoing infrastructure projects, is fueling demand for efficient fluid handling solutions across diverse sectors including oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining. Additionally, stringent environmental regulations and increased focus on workplace safety are compelling industries to invest in advanced pumping technologies like progressing cavity pumps, renowned for their superior performance, reliability, and environmental sustainability. Furthermore, technological advancements such as IoT-enabled monitoring systems, energy-efficient designs, and smart pumping solutions are further bolstering market growth by enhancing operational efficiency, reducing downtime, and minimizing energy consumption. Moreover, the expanding applications of progressing cavity pumps across various industries, coupled with their increasing adoption in emerging sectors such as renewable energy and pharmaceuticals, are opening up new avenues for market expansion. With a rising global demand for high-quality, efficient fluid handling equipment, the global progressing cavity pump market is poised for continued growth in the forthcoming years.

一軸ねじポンプ市場 : 2029年までの世界予測 ecosystem

“Up to 50 HP segment, by power rating, to be fastest growing market from 2024 to 2029.”

The up to 50 HP segment, categorized by power rating, is poised to emerge as the fastest-growing market segment from 2024 to 2029 due to several key factors driving its accelerated expansion. Primarily, this segment caters to the needs of small to medium-sized operations across various industries, including manufacturing, agriculture, and small-scale processing facilities. The versatility and affordability of pumps within this power range make them highly attractive to a wide range of end-users, prompting increased adoption and driving market growth. Additionally, as industries continue to prioritize efficiency and cost-effectiveness in their operations, the demand for compact, lower horsepower pumps capable of handling a variety of fluids remains strong. Moreover, technological advancements such as energy-efficient designs and IoT-enabled monitoring systems are making pumps in this segment even more appealing by enhancing their performance, reliability, and operational efficiency. Furthermore, emerging trends such as the integration of smart technologies and automation further fuel the growth of this segment by streamlining processes and reducing maintenance requirements. With a growing emphasis on sustainable and eco-friendly solutions across industries, the up to 50 HP segment is expected to witness robust growth as businesses seek efficient fluid handling equipment that aligns with their environmental objectives and operational needs.

“Water & Wastewater Treatment Segment, by end-use industry, to be the largest market from 2024 to 2029.”

The Water & Wastewater Treatment segment, classified by end-use industry, is anticipated to emerge as the largest market segment from 2024 to 2029, driven by several key factors that underscore its dominance in the progressing cavity pump market. Firstly, amidst growing concerns about water scarcity and pollution, there is an escalating global focus on enhancing water treatment and sanitation infrastructure. This translates to increased investments in water and wastewater treatment facilities across various regions, thereby driving demand for efficient fluid handling solutions such as progressing cavity pumps. Furthermore, stringent regulatory standards pertaining to water quality and environmental protection further amplify the need for advanced pumping technologies in the water and wastewater treatment sector. Moreover, the expanding population, rapid urbanization, and industrialization contribute to the rising volumes of wastewater generated, necessitating comprehensive treatment processes to mitigate environmental impact. Progressing cavity pumps play a vital role in various stages of water treatment, including sludge handling, chemical dosing, and filtration, owing to their ability to efficiently handle viscous and abrasive fluids.

“Asia Pacific to be largest and fastest growing region in progressing cavity pump market.”

The Asia Pacific region is set to emerge as both the largest and fastest-growing region in the progressing cavity pump market, driven by a confluence of factors that underscore its prominence in the industry. Firstly, rapid industrialization and urbanization across countries like China, India, and Southeast Asian nations are fueling substantial demand for efficient fluid handling solutions across diverse sectors such as oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining. This robust industrial growth, coupled with ongoing infrastructure development projects, contributes significantly to the increasing adoption of progressing cavity pumps in the region. Moreover, stringent environmental regulations and a growing focus on workplace safety are compelling industries in the Asia Pacific to invest in advanced pumping technologies like progressing cavity pumps, which offer superior performance, reliability, and environmental sustainability. Additionally, technological advancements such as IoT-enabled monitoring systems, energy-efficient designs, and smart pumping solutions are further accelerating market growth by enhancing operational efficiency, reducing downtime, and minimizing energy consumption.

一軸ねじポンプ市場 : 2029年までの世界予測 region

Breakdown of Primaries:
Important qualitative and quantitative data were gathered and verified, as well as future market prospects, through in-depth interviews with subject-matter experts, C-level executives of major market players, industry consultants, and other experts. The following is how the main interviews were dispersed:
By Company Type: Tier 1-65%, Tier 2-24%, and Tier 3-11%
By Designation: C-Level-30%, D-Level-25%, and Others-45%
By Region: North America–27%, Europe–20%, Asia Pacific–33%, Middle East & Africa–12%, and South America–8%
Note: “Others” include sales managers, engineers, and regional managers

The tiers of the companies are defined based on their total revenue as of 2023: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3: <USD 500 million.
The market for progressing cavity pumps is primarily controlled by reputable international giants. In the industrial control transformer market, some of the leading companies are Caterpillar (USA), Wartsila (Finland), Rolls-Royce Holdings (UK), Cummins (USA), Volkswagen (Germany), Siemens Energy (Germany), Mitsubishi Heavy Industries (Japan) and a few more.

Research Coverage:

The report provides an exhaustive analysis of the progressing cavity pumps market, offering detailed definitions, descriptions, and forecasts based on various parameters. These parameters include power rating (Up to 50 hp, 51–150 hp, above 150 hp), Pumping Capacity (Up to 500 GPM, 501–1,000 GPM, Above 1,000 GPM), end-user industry (Oil & gas, water & wastewater treatment, food & beverage, chemicals & petrochemicals, others), product type (Dosing Pump, Flanged Pump, Hopper Pump, Food Grade (EHEDG/3A Certified), Food Grade (Non-Certified), Vertical Pump, Downhole Pump), stage type (Single-stage (90-PSI), Double stage (180-PSI), Four stage (360-PSI), Eight-stage (720-PSI)), and region (including Asia Pacific, North America, Europe, Middle East and Africa, and South America). Using both qualitative and quantitative approaches, the report explores key drivers, limitations, opportunities, and challenges within the progressing cavity pump market. Moreover, it provides insights into critical aspects such as competitive landscape analysis, assessment of market dynamics, value-based market estimates, and future trends shaping the progressing cavity pumps market.

Key Benefits of Buying the Report

The research has been carefully developed to meet the requirements of both new entrants into the cavity pump market and established industry players. It provides accurate revenue projections for each of the market’s sub-segments as well as the overall market, making it an invaluable tool for stakeholders trying to get a full picture of the competitive environment. Stakeholders can use this data to create market strategies that work for their companies. Furthermore, the research serves as a means of communication for stakeholders to understand the current status of the market by offering vital insights into market drivers, constraints, opportunities for growth, and challenges. Through the integration of these data, stakeholders can make well-informed decisions and remain up to date with the constantly changing dynamics within the cavity pump business.

• Analysis of key drivers (Growing demand from the water & wastewater treatment sector, Rising investments in oil & gas exploration), restraints ( High initial investment costs, Availability of skilled labor, Fluctuating raw material prices ), opportunities ( Development of niche applications, Adoption of Industry 4.0 technologies), and challenges (Stricter environmental regulations, Counterfeiting and intellectual property concerns) influencing the growth of the progressing cavity pump market.

• Product Development/ Innovation: In the progressing cavity pump market, innovation is poised to address specific application challenges while prioritizing sustainability. One avenue for advancement involves the development of pumps with enhanced efficiency and reduced energy consumption, aligning with the increasing demand for eco-friendly solutions. Another key focus area lies in designing pumps with advanced materials to bolster corrosion resistance, thereby enabling the handling of harsh chemicals and fluids prevalent in industries such as oil & gas and chemical processing. Additionally, integrating smart features like sensors and remote monitoring capabilities presents opportunities for predictive maintenance and optimized performance, enhancing overall operational efficiency. Furthermore, exploring the incorporation of variable-speed drives offers the potential to adjust pump operation in real-time, minimizing energy waste and further contributing to sustainability efforts. By pursuing these avenues of innovation, the progressing cavity pump market can continue to meet evolving industry needs while advancing sustainability goals.

• Market Development: Market development offers significant growth potential for progressing cavity pump manufacturers. Unexploited segments within existing end-user industries, like the rise of food-grade certified pumps in the food & beverage sector, and emerging applications in industries like clean energy, present exciting opportunities. Additionally, geographic expansion into regions like Asia Pacific with their booming infrastructure development holds promise. By strategically targeting these new markets and tailoring product offerings to their specific needs, progressing cavity pump companies can unlock fresh revenue streams and solidify their market positions.

• Market Diversification: To mitigate risk and broaden its scope, the progressing cavity pump market can explore diversification strategies. One approach is to target untapped end-user sectors such as pharmaceuticals and biofuels, where precise and efficient pumping mechanisms are paramount. Additionally, there’s potential in developing pumps tailored for emerging applications like geothermal energy extraction or carbon capture and storage, tapping into evolving technological demands. Moreover, expanding into burgeoning geographic regions with increasing infrastructure demands, especially in developing economies, presents opportunities for market growth. Another avenue involves prioritizing research and development efforts to design pumps capable of handling novel materials or operating in more challenging environments. By pursuing these diversification avenues, the progressing cavity pump market can enhance its resilience and extend its influence across various sectors and regions.

• Competitive Assessment: Conducting a competitive assessment for the progressing cavity pump market involves analyzing key factors such as market share, product offerings, technological advancements, distribution channels, and customer service strategies among industry players. Assessing the market landscape provides insights into the strengths, weaknesses, opportunities, and threats (SWOT) of each competitor, enabling companies to refine their own strategies accordingly. Factors such as innovation in pump design, efficiency improvements, sustainability initiatives, and expansion into new markets or applications are crucial for maintaining a competitive edge. Furthermore, understanding customer preferences, market trends, regulatory frameworks, and economic conditions allows companies to anticipate changes and adapt their strategies proactively. By continuously evaluating these aspects, businesses can position themselves effectively in the evolving competitive landscape of the progressing cavity pump market.

Table of Contents

1            INTRODUCTION            35

1.1         STUDY OBJECTIVES      35

1.2         MARKET DEFINITION   36

1.3         INCLUSIONS AND EXCLUSIONS 36

1.3.1      PROGRESSING CAVITY PUMP MARKET: INCLUSIONS AND EXCLUSIONS, BY POWER RATING          36

1.3.2      PROGRESSING CAVITY PUMP MARKET: INCLUSIONS AND EXCLUSIONS, BY PUMPING CAPACITY  36

1.3.3      PROGRESSING CAVITY PUMP MARKET: INCLUSIONS AND EXCLUSIONS, BY END USER       37

1.4         STUDY SCOPE  38

1.4.1      MARKETS COVERED     38

1.4.2      REGIONAL SCOPE         38

1.4.3      YEARS CONSIDERED     39

1.4.4      CURRENCY CONSIDERED          39

1.4.5      UNITS CONSIDERED     39

1.5         LIMITATIONS   39

1.6         STAKEHOLDERS            40

1.7         SUMMARY OF CHANGES            40

1.8         RECESSION IMPACT      41

2            RESEARCH METHODOLOGY     42

2.1         RESEARCH DATA           42

FIGURE 1           PROGRESSING CAVITY PUMP MARKET: RESEARCH DESIGN              42

2.1.1      SECONDARY DATA       43

2.1.1.1   List of major secondary sources       43

TABLE 1             LIST OF MAJOR SECONDARY SOURCES 43

2.1.1.2   Key data from secondary sources     43

2.1.2      PRIMARY DATA 44

2.1.2.1   Key data from primary sources         44

2.1.2.2   Breakdown of primaries     45

FIGURE 2           BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION,  AND REGION  45

FIGURE 3           MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR PROGRESSING CAVITY PUMPS   46

2.2         MARKET SIZE ESTIMATION       46

2.2.1      BOTTOM-UP APPROACH           46

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       46

2.2.2      TOP-DOWN APPROACH             47

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       47

2.2.3      DEMAND-SIDE ANALYSIS           48

2.2.3.1   Regional analysis 48

2.2.3.2   Country-level analysis        49

2.2.3.3   Demand-side assumptions 49

2.2.3.4   Demand-side calculations  49

2.2.4      SUPPLY-SIDE ANALYSIS             50

FIGURE 6           KEY STEPS CONSIDERED TO ASSESS SUPPLY OF PROGRESSING CAVITY PUMPS 50

FIGURE 7           PROGRESSING CAVITY PUMP MARKET: SUPPLY-SIDE ANALYSIS          50

2.2.4.1   Supply-side calculations     51

2.2.4.2   Supply-side assumptions    51

2.3         FORECAST        51

2.4         RISK ASSESSMENT         51

2.5         RESEARCH LIMITATIONS           51

2.6         IMPACT OF RECESSION 52

2.7         MARKET BREAKDOWN AND DATA TRIANGULATION    53

FIGURE 8           DATA TRIANGULATION             53

3            EXECUTIVE SUMMARY 54

TABLE 2             PROGRESSING CAVITY PUMP MARKET SNAPSHOT        54

FIGURE 9           ASIA PACIFIC TO HOLD LARGEST SHARE OF PROGRESSING CAVITY PUMP MARKET IN 2023 55

FIGURE 10         UP TO 50 HP SEGMENT TO REGISTER HIGHEST CAGR IN PROGRESSING CAVITY PUMP MARKET DURING FORECAST PERIOD      56

FIGURE 11         WATER & WASTEWATER TREATMENT INDUSTRY SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PROGRESSING CAVITY PUMP MARKET IN 2029 56

FIGURE 12         UP TO 500 GPM SEGMENT TO HOLD LARGEST SHARE OF PROGRESSING CAVITY PUMP MARKET IN 2029 57

4            PREMIUM INSIGHTS      58

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROGRESSING CAVITY PUMP MARKET 58

FIGURE 13         RISING DEMAND FOR CLEAN AND EFFICIENT POWER GENERATION TECHNOLOGIES TO DRIVE MARKET       58

4.2         PROGRESSING CAVITY PUMP MARKET IN ASIA PACIFIC,  BY END USER AND COUNTRY    59

FIGURE 14         WATER & WASTEWATER TREATMENT INDUSTRY SEGMENT AND CHINA HELD LARGEST SHARES OF PROGRESSING CAVITY PUMP MARKET IN ASIA PACIFIC  IN 2023           59

4.3         PROGRESSING CAVITY PUMP MARKET, BY POWER RATING       59

FIGURE 15         UP TO 50 HP SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029  59

4.4         PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY              60

FIGURE 16         UP TO 500 GPM SEGMENT TO DOMINATE MARKET IN 2029              60

4.5         PROGRESSING CAVITY PUMP MARKET, BY END USER   60

FIGURE 17         WATER & WASTEWATER TREATMENT INDUSTRY SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029      60

4.6         PROGRESSING CAVITY PUMP MARKET, BY REGION       61

FIGURE 18         ASIA PACIFIC PROGRESSING CAVITY PUMP MARKET TO RECORD HIGHEST CAGR DURING FORECAST PERIOD  61

5            MARKET OVERVIEW     62

5.1         INTRODUCTION            62

5.2         MARKET DYNAMICS     63

FIGURE 19         PROGRESSING CAVITY PUMP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    63

5.2.1      DRIVERS            63

5.2.1.1   Growing demand in water & wastewater treatment industry      63

TABLE 3             PROPORTION OF SAFELY TREATED DOMESTIC WASTEWATER FLOWS (%)        64

5.2.1.2   Rising investments in oil & gas exploration    65

FIGURE 20         GLOBAL OIL DEMAND, 2019–2028 (MB/D)          65

5.2.1.3   Advancements in material science and progressing cavity pump design    66

FIGURE 21         GLOBAL ELECTRICITY INVESTMENT AND SHARE OF DIGITAL GRID INFRASTRUCTURE, 2015–2023 (USD BILLION)       66

5.2.2      RESTRAINTS     67

5.2.2.1   High initial investment and shortage of skilled labor    67

5.2.2.2   Fluctuating raw material prices        67

5.2.3      OPPORTUNITIES           67

5.2.3.1   Growing adoption of Industry 4.0 technologies            67

5.2.3.2   Rise in investments in food & beverages industry         68

FIGURE 22         CAPITAL EXPENDITURE BY TOP 100 COMPANIES IN FOOD & BEVERAGES INDUSTRY, 2016–2021 (USD BILLION)          69

5.2.3.3   Rising demand for electric vehicles (EVs)      69

5.2.4      CHALLENGES   70

5.2.4.1   Preference for traditional centrifugal pumps over progressing cavity pumps in low-solid content wastewater applications            70

5.2.4.2   Counterfeiting and intellectual property concerns        70

5.3         PORTER’S FIVE FORCES ANALYSIS         71

FIGURE 23         PROGRESSING CAVITY PUMP MARKET: PORTER’S FIVE FORCES ANALYSIS         71

TABLE 4             PROGRESSING CAVITY PUMP MARKET: PORTER’S FIVE FORCES ANALYSIS         72

5.3.1      THREAT OF NEW ENTRANTS    72

5.3.2      BARGAINING POWER OF SUPPLIERS     72

5.3.3      BARGAINING POWER OF BUYERS           73

5.3.4      THREAT OF SUBSTITUTES         73

5.3.5      INTENSITY OF COMPETITIVE RIVALRY 73

5.4         PRICING ANALYSIS        74

5.4.1      INDICATIVE PRICING ANALYSIS OF PROGRESSING CAVITY PUMPS, BY PUMPING CAPACITY    74

TABLE 5             INDICATIVE PRICING ANALYSIS OF PROGRESSING CAVITY PUMPS, BY PUMPING CAPACITY            74

5.4.2      AVERAGE SELLING PRICE (ASP) OF PROGRESSING CAVITY PUMPS, BY REGION             74

TABLE 6             AVERAGE SELLING PRICE (ASP) OF PROGRESSING CAVITY PUMPS, BY REGION,  2020–2029 (USD/UNIT)     74

FIGURE 24         AVERAGE SELLING PRICE (ASP) TREND OF PROGRESSING CAVITY PUMPS,  BY REGION, 2020–2029 (USD/UNIT)    75

5.5         SUPPLY CHAIN ANALYSIS          75

FIGURE 25         PROGRESSING CAVITY PUMP MARKET: SUPPLY CHAIN ANALYSIS          75

5.5.1      RAW MATERIAL PROVIDERS/SUPPLIERS            76

5.5.2      COMPONENT MANUFACTURERS           76

5.5.3      PROGRESSING CAVITY PUMP ASSEMBLERS/MANUFACTURERS 76

5.5.4      DISTRIBUTORS 76

5.5.5      END USERS       76

5.6         ECOSYSTEM/MARKET MAP       77

FIGURE 26         PROGRESSING CAVITY PUMP MARKET: MARKET MAP  77

TABLE 7             ROLES OF COMPANIES IN PROGRESSING CAVITY PUMP ECOSYSTEM     77

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 78

FIGURE 27         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              79

5.8         TECHNOLOGY ANALYSIS           79

5.8.1      KEY TECHNOLOGY       79

5.8.1.1   Smart pump systems          79

5.8.2      COMPLEMENTARY TECHNOLOGY        80

5.8.2.1   Artificial intelligence (AI) and machine learning (ML) 80

5.9         PATENT ANALYSIS        81

FIGURE 28         PATENTS GRANTED AND APPLIED RELATED TO PROGRESSING CAVITY PUMPS, 2014–2023          81

TABLE 8             PROGRESSING CAVITY PUMP MARKET: PATENT ANALYSIS, FEBRUARY 2020– FEBRUARY 2024           82

5.10       TRADE ANALYSIS          85

5.10.1    TRADE ANALYSIS RELATED TO ENGINES AND MOTORS             85

5.10.1.1 Import scenario   85

TABLE 9             IMPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2022 (USD THOUSAND)    86

FIGURE 29         IMPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY FIVE KEY COUNTRIES, 2020–2022 (USD THOUSAND) 87

5.10.1.2 Export scenario    87

TABLE 10           EXPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)       87

FIGURE 30         EXPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY FIVE KEY COUNTRIES, 2020–2022 (USD THOUSAND) 88

5.11       CASE STUDY ANALYSIS 88

5.11.1    NETZSCH PARTNERED WITH DXP TO ADDRESS CHALLENGES ASSOCIATED WITH TRADITIONAL CENTRIFUGAL PUMPS OF OIL PRODUCER              88

5.11.1.1 Problem statement            88

5.11.1.2 Solution 89

5.11.2    ALL-PUMPS UTILIZED NEXUS HELICAL ROTOR PUMPS TO TREAT MINING WATER             89

5.11.2.1 Problem statement            89

5.11.2.2 Solution 89

5.11.3    IRISH DISTILLERY COLLABORATED WITH SEEPEX TO INCREASE PRODUCTIVITY OF WHISKEY BY 50%    90

5.11.3.1 Problem statement            90

5.11.3.2 Solution 90

5.12       INVESTMENT AND FUNDING SCENARIO            90

FIGURE 31         INVESTMENT AND FUNDING SCENARIO            90

5.13       TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE             91

5.13.1    TARIFF RELATED TO PROGRESSING CAVITY PUMPS     91

TABLE 11           IMPORT TARIFF FOR HS 841360-COMPLIANT ROTARY POSITIVE DISPLACEMENT PUMPS IN 2022          91

5.13.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          92

TABLE 12           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         92

TABLE 13           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         92

TABLE 14           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         93

TABLE 15           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         93

TABLE 16           GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         93

5.13.3    STANDARDS     94

TABLE 17           STANDARDS RELATED TO POSITIVE DISPLACEMENT ROTARY PUMPS 94

5.14       KEY STAKEHOLDERS AND BUYING CRITERIA    94

5.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         94

FIGURE 32         INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR  TOP THREE END USERS  94

TABLE 18           INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS     95

5.14.2    BUYING CRITERIA         95

FIGURE 33         KEY BUYING CRITERIA FOR TOP THREE END USERS      95

TABLE 19           KEY BUYING CRITERIA FOR TOP THREE END USERS      95

5.15       KEY CONFERENCES AND EVENTS, 2024–2025     96

TABLE 20           PROGRESSING CAVITY PUMP MARKET: KEY CONFERENCES AND EVENTS, 2024–2025             96

6            PROGRESSING CAVITY PUMP MARKET, BY PRODUCT TYPE       97

6.1         INTRODUCTION            97

6.2         DOSING PUMPS             97

6.2.1      GROWING USE TO PRECISELY DELIVER FLUIDS ACROSS INDUSTRIES TO FUEL MARKET GROWTH     97

6.3         FLANGED PUMPS          98

6.3.1      VERSATILE APPLICATIONS IN MINING, CONSTRUCTION, AND CHEMICALS INDUSTRIES TO DRIVE MARKET    98

6.4         HOPPER PUMPS             98

6.4.1      ONGOING ADVANCEMENTS TO ENHANCE PERFORMANCE AND RELIABILITY TO DRIVE MARKET            98

6.5         FOOD GRADE (EHEDG/3A-CERTIFIED) PUMPS 99

6.5.1      GROWING USE IN INDUSTRIAL FOOD PROCESSING FOR ENSURING HYGIENIC EXCELLENCE TO DRIVE MARKET      99

6.6         FOOD GRADE (NON-CERTIFIED) PUMPS            99

6.6.1      SAFE CONTACT WITH FOOD AND COMPLIANCE WITH INDUSTRY REGULATIONS TO DRIVE DEMAND       99

6.7         VERTICAL PUMPS          100

6.7.1      ABILITY TO EFFICIENTLY HANDLE FLUIDS WITH HIGH VISCOSITY OR ENTRAINED SOLIDS AND CORROSIVE OR ABRASIVE LIQUIDS TO DRIVE DEMAND           100

7            PROGRESSING CAVITY PUMP MARKET, BY STAGE TYPE             101

7.1         INTRODUCTION            101

7.2         SINGLE-STAGE (90-PSI) PUMPS 101

7.2.1      GROWING USE OF SINGLE-STAGE PROGRESSING CAVITY PUMPS FOR LOW-PRESSURE FLUID TRANSFER TO DRIVE MARKET  101

7.3         DOUBLE-STAGE (180-PSI) PUMPS          102

7.3.1      RISING ADOPTION OF DOUBLE-STAGE PROGRESSING CAVITY PUMPS FOR MODERATE-PRESSURE FLUID TRANSFER IN VARIOUS INDUSTRIES TO DRIVE MARKET 102

7.4         FOUR-STAGE (360-PSI) PUMPS  102

7.4.1      INCREASING DEMAND FOR FOUR-STAGE PROGRESSING CAVITY PUMPS IN VARIOUS SECTORS AND INDUSTRIES FOR CONVEYING AND DOSING APPLICATIONS TO DRIVE MARKET      102

7.5         EIGHT-STAGE (720-PSI) PUMPS 103

7.5.1      UNPARALLELED PRESSURE CAPABILITIES AND HIGH RELIABILITY IN HIGH-PRESSURE FLUID TRANSFER APPLICATIONS TO DRIVE DEMAND              103

8            PROGRESSING CAVITY PUMP MARKET, BY POWER RATING       104

8.1         INTRODUCTION            105

FIGURE 34         PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2023      105

TABLE 21           PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION)          105

TABLE 22           PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION)          105

8.2         UP TO 50 HP     106

8.2.1      GROWING USE OF UP TO 50 HP PROGRESSING CAVITY PUMPS IN TOUGH PUMPING APPLICATIONS TO DRIVE MARKET  106

TABLE 23           UP TO 50 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)     106

TABLE 24           UP TO 50 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)     107

8.3         51–150 HP          107

8.3.1      RISING EMPHASIS ON EFFICIENCY, RELIABILITY, AND COST-EFFECTIVENESS IN INDUSTRIAL PROCESSES TO DRIVE DEMAND          107

TABLE 25           51–150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)          108

TABLE 26           51–150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)          108

8.4         ABOVE 150 HP  108

8.4.1      INCREASING DEPLOYMENT OF ABOVE 150 HP PROGRESSING CAVITY PUMPS IN UNCONVENTIONAL OIL & GAS WELLS TO DRIVE MARKET    108

TABLE 27           ABOVE 150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)     109

TABLE 28           ABOVE 150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)     109

9            PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY              110

9.1         INTRODUCTION            111

FIGURE 35         PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2023 111

TABLE 29           PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2020–2023 (USD MILLION) 111

TABLE 30           PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2024–2029 (USD MILLION) 111

9.2         UP TO 500 GPM 112

9.2.1      INCREASING DEMAND FOR WATER & WASTEWATER TREATMENT SOLUTIONS AND INDUSTRIALIZATION IN EMERGING ECONOMIES TO DRIVE DEMAND           112

TABLE 31           UP TO 500 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)     112

TABLE 32           UP TO 500 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)     112

9.3         501–1,000 GPM  113

9.3.1      VERSATILITY, IMPROVED EFFICIENCY, AND REDUCED MAINTENANCE REQUIREMENTS TO DRIVE DEMAND    113

TABLE 33           501–1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)     113

TABLE 34           501–1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)     113

9.4         ABOVE 1,000 GPM          114

9.4.1      INCREASING DEMAND FOR WATER AND ENERGY AND INFRASTRUCTURE DEVELOPMENT PROJECTS TO FUEL DEMAND         114

TABLE 35           ABOVE 1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)     114

TABLE 36           ABOVE 1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)     114

10          PROGRESSING CAVITY PUMP MARKET, BY END USER   115

10.1       INTRODUCTION            116

FIGURE 36         PROGRESSING CAVITY PUMP MARKET, BY END USER, 2023              116

TABLE 37           PROGRESSING CAVITY PUMP MARKET, BY END USER, 2020–2023 (USD MILLION)     116

TABLE 38           PROGRESSING CAVITY PUMP MARKET, BY END USER, 2024–2029 (USD MILLION)     117

10.2       OIL & GAS INDUSTRY    117

10.2.1    INCREASING OIL & GAS EXPLORATION AND PRODUCTION ACTIVITIES, PARTICULARLY IN UNCONVENTIONAL RESERVES, TO DRIVE DEMAND           117

TABLE 39           OIL & GAS INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)             118

TABLE 40           OIL & GAS INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)             118

10.3       WATER & WASTEWATER TREATMENT INDUSTRY          118

10.3.1    IMPLEMENTATION OF STRINGENT ENVIRONMENTAL REGULATIONS MANDATING WASTEWATER TREATMENT AND DISCHARGE STANDARDS TO DRIVE DEMAND             118

TABLE 41           WATER & WASTEWATER TREATMENT INDUSTRY: PROGRESSING CAVITY PUMP MARKET,  BY REGION, 2020–2023 (USD MILLION)          119

TABLE 42           WATER & WASTEWATER TREATMENT INDUSTRY: PROGRESSING CAVITY PUMP MARKET,  BY REGION, 2024–2029 (USD MILLION)          119

10.4       FOOD & BEVERAGES INDUSTRY             120

10.4.1    INCREASING TREND OF AUTOMATION AND PROCESS OPTIMIZATION IN FOOD PROCESSING PLANTS TO FUEL ADOPTION    120

TABLE 43           FOOD & BEVERAGES INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)          120

TABLE 44           FOOD & BEVERAGES INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)          121

10.5       FOOD WASTE INDUSTRY           121

10.5.1    ABILITY TO EFFICIENTLY TRANSFER AND PROCESS ORGANIC WASTE MATERIALS TO FUEL DEMAND 121

TABLE 45           FOOD WASTE INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)          122

TABLE 46           FOOD WASTE INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)          122

10.6       BIOGAS PLANTS            123

10.6.1    INCREASING FOCUS ON RENEWABLE ENERGY SOURCES AND GOVERNMENT-LED INCENTIVES FOR BIOGAS PRODUCTION TO DRIVE DEMAND           123

TABLE 47           BIOGAS PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)     123

TABLE 48           BIOGAS PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)     124

10.7       BATTERY RECYCLING PLANTS 124

10.7.1    ENHANCEMENT OF EFFICIENCY AND EFFECTIVENESS OF BATTERY RECYCLING OPERATIONS TO DRIVE DEMAND 124

TABLE 49           BATTERY RECYCLING PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)          125

TABLE 50           BATTERY RECYCLING PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)          125

10.8       CHEMICALS & PETROCHEMICALS INDUSTRY    126

10.8.1    GROWTH OF CHEMICAL MANUFACTURING, EXPANSION OF PETROCHEMICAL FACILITIES, AND INCREASING DEMAND FOR SPECIALTY CHEMICALS TO DRIVE DEMAND            126

TABLE 51           CHEMICALS & PETROCHEMICALS INDUSTRY: PROGRESSING CAVITY PUMP MARKET,  BY REGION, 2020–2023 (USD MILLION)            126

TABLE 52           CHEMICALS & PETROCHEMICALS INDUSTRY: PROGRESSING CAVITY PUMP MARKET,  BY REGION, 2024–2029 (USD MILLION)            127

10.9       OTHERS             127

TABLE 53           OTHERS: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2020–2023 (USD MILLION)          128

TABLE 54           OTHERS: PROGRESSING CAVITY PUMP MARKET, BY REGION,  2024–2029 (USD MILLION)          128

11          PROGRESSING CAVITY PUMP MARKET, BY REGION       129

11.1       INTRODUCTION            130

FIGURE 37         ASIA PACIFIC PROGRESSING CAVITY PUMP MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 130

FIGURE 38         ASIA PACIFIC HELD LARGEST SHARE OF PROGRESSING CAVITY PUMP  MARKET IN 2023            130

TABLE 55           PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 131

TABLE 56           PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 131

TABLE 57           PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)     131

TABLE 58           PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)     132

11.2       ASIA PACIFIC    132

11.2.1    IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN ASIA PACIFIC    132

FIGURE 39         ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET SNAPSHOT        133

11.2.2    BY POWER RATING       134

TABLE 59           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     134

TABLE 60           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     134

11.2.3    BY PUMPING CAPACITY             134

TABLE 61           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2020–2023 (USD MILLION)          134

TABLE 62           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2024–2029 (USD MILLION)          135

11.2.4    BY END USER    135

TABLE 63           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2020–2023 (USD MILLION)          135

TABLE 64           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2024–2029 (USD MILLION)          136

11.2.5    BY COUNTRY    136

TABLE 65           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2020–2023 (USD MILLION) 136

TABLE 66           ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 137

11.2.5.1 China     137

11.2.5.1.1            Rapid industrialization, infrastructure development, and environmental sustainability initiatives to drive market         137

TABLE 67           CHINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION)        138

TABLE 68           CHINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION)        138

11.2.5.2 India      138

11.2.5.2.1            Increasing applications in oil & gas, water & wastewater treatment, food & beverages, and chemicals & petrochemicals industries to drive market  138

TABLE 69           INDIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION)        139

TABLE 70           INDIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION)        139

11.2.5.3 Australia 139

11.2.5.3.1            Ongoing industrial developments, infrastructure investments, and increasing demand for efficient fluid handling solutions to drive market   139

TABLE 71           AUSTRALIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION)       140

TABLE 72           AUSTRALIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION)       140

11.2.5.4 Japan     140

11.2.5.4.1            Efficiency, reliability, and sustainability features of progressing cavity pumps to drive demand     140

TABLE 73           JAPAN: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING , 2020–2023 (USD MILLION)       141

TABLE 74           JAPAN: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING , 2024–2029 (USD MILLION)       141

11.2.5.5 Rest of Asia Pacific            142

TABLE 75           REST OF ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION)  142

TABLE 76           REST OF ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION)  142

11.3       NORTH AMERICA          143

11.3.1    IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN NORTH AMERICA          143

FIGURE 40         NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET SNAPSHOT        144

11.3.2    BY POWER RATING       145

TABLE 77           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION)       145

TABLE 78           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION)       145

11.3.3    BY PUMPING CAPACITY             145

TABLE 79           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2020–2023 (USD MILLION)          145

TABLE 80           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2024–2029 (USD MILLION)          146

11.3.4    BY END USER    146

TABLE 81           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2020–2023 (USD MILLION) 146

TABLE 82           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2024–2029 (USD MILLION) 147

11.3.5    BY COUNTRY    147

TABLE 83           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2020–2023 (USD MILLION) 147

TABLE 84           NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 147

11.3.5.1 US         148

11.3.5.1.1            Increasing focus on sustainability and resource management to drive demand 148

TABLE 85          US: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)          148

TABLE 86           US: PROGRESSING CAVITY PUMP MARKET SIZE, BY POWER RATING,  2024–2029 (USD MILLION)     149

11.3.5.2 Canada  149

11.3.5.2.1            Large presence of oil sands and shale gas reserves and increasing exploration activities to drive demand            149

TABLE 87           CANADA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     150

TABLE 88           CANADA: PROGRESSING CAVITY PUMP MARKET SIZE, BY POWER RATING,  2024–2029 (USD MILLION)     150

11.3.5.3 Mexico  150

11.3.5.3.1            Booming industrial sector and infrastructure development to drive demand 150

TABLE 89           MEXICO: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     151

TABLE 90           MEXICO: PROGRESSING CAVITY PUMP MARKET SIZE, BY POWER RATING,  2024–2029 (USD MILLION)     151

11.4       EUROPE             151

11.4.1    IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET  IN EUROPE             152

11.4.2    BY POWER RATING       152

TABLE 91           EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     152

TABLE 92           EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     153

11.4.3    BY PUMPING CAPACITY             153

TABLE 93           EUROPE: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2020–2023 (USD MILLION) 153

TABLE 94           EUROPE: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2024–2029 (USD MILLION) 153

11.4.4    BY END USER    154

TABLE 95          EUROPE: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2020–2023 (USD MILLION)          154

TABLE 96          EUROPE: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2024–2029 (USD MILLION)          154

11.4.5    BY COUNTRY    155

TABLE 97          EUROPE: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2020–2023 (USD MILLION)          155

TABLE 98          EUROPE: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2024–2029 (USD MILLION)          155

11.4.5.1 UK         155

11.4.5.1.1            Rising offshore exploration and production activities to drive demand              155

TABLE 99          UK: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)          156

TABLE 100        UK: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)          156

11.4.5.2 France   157

11.4.5.2.1            Expanding industrial, manufacturing, renewable energy, and food processing sectors to drive market    157

TABLE 101         FRANCE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     157

TABLE 102         FRANCE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     157

11.4.5.3 Germany             158

11.4.5.3.1            Diverse industrial base, encompassing automotive, chemical, food processing, and renewable energy industries, to fuel demand     158

TABLE 103         GERMANY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     158

TABLE 104         GERMANY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     159

11.4.5.4 Russia    159

11.4.5.4.1            Industrial development plans and strategic initiatives related to renewable energy initiatives to drive market   159

TABLE 105         RUSSIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     159

TABLE 106         RUSSIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     160

11.4.5.5 Italy       160

11.4.5.5.1            Rising demand for reliable and efficient fluid-handling solutions to drive demand 160

TABLE 107         ITALY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     161

TABLE 108         ITALY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     161

11.4.6    REST OF EUROPE           161

TABLE 109         REST OF EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     162

TABLE 110         REST OF EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     162

11.5       MIDDLE EAST & AFRICA             162

11.5.1    IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN MIDDLE EAST & AFRICA             163

11.5.2    BY POWER RATING       163

TABLE 111         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)          163

TABLE 112         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)          164

11.5.3    BY PUMPING CAPACITY             164

TABLE 113         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2020–2023 (USD MILLION) 164

TABLE 114         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2024–2029 (USD MILLION) 164

11.5.4    BY END USER    165

TABLE 115         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2020–2023 (USD MILLION)      165

TABLE 116         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2024–2029 (USD MILLION)      165

11.5.5    BY COUNTRY    166

TABLE 117         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2020–2023 (USD MILLION)      166

TABLE 118         MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      166

TABLE 119         GCC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2020–2023 (USD MILLION)          166

TABLE 120         GCC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2024–2029 (USD MILLION)          167

11.5.5.1 GCC      167

TABLE 121         GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     167

TABLE 122         GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     167

11.5.5.1.1            Saudi Arabia        168

11.5.5.1.1.1         Increased industrial activities, ambitious infrastructure projects, and growing emphasis on sustainability to drive market      168

TABLE 123         SAUDI ARABIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     168

TABLE 124         SAUDI ARABIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     169

11.5.5.1.2            UAE      169

11.5.5.1.2.1         Robust demand across key industries such as oil & gas, construction, and logistics to drive market     169

TABLE 125         UAE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     169

TABLE 126         UAE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     170

11.5.5.1.3            Rest of GCC        170

TABLE 127         REST OF GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     170

TABLE 128         REST OF GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     171

11.5.5.2 South Africa        171

11.5.5.2.1            Rising exploration and production activities in oil & gas industry to create growth opportunities for market players         171

TABLE 129         SOUTH AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     171

TABLE 130         SOUTH AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     172

11.5.5.3 Rest of Middle East & Africa            172

TABLE 131         REST OF MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 173

TABLE 132         REST OF MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 173

11.6       SOUTH AMERICA           173

11.6.1    IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN SOUTH AMERICA           174

11.6.2    BY POWER RATING       174

TABLE 133         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     174

TABLE 134         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     175

11.6.3    BY PUMPING CAPACITY             175

TABLE 135         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2020–2023 (USD MILLION)          175

TABLE 136         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY,  2024–2029 (USD MILLION)          175

11.6.4    BY END USER    176

TABLE 137         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2020–2023 (USD MILLION) 176

TABLE 138         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER,  2024–2029 (USD MILLION) 176

11.6.5    BY COUNTRY    177

TABLE 139         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2020–2023 (USD MILLION) 177

TABLE 140         SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY,  2024–2029 (USD MILLION) 177

11.6.5.1 Brazil     177

11.6.5.1.1            Presence of vast offshore oil reserves and expanding renewable energy industry to drive demand   177

TABLE 141         BRAZIL: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     178

TABLE 142         BRAZIL: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     178

11.6.5.2 Argentina            178

11.6.5.2.1            Presence of extensive unconventional hydrocarbon reserves to drive demand 178

TABLE 143         ARGENTINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     179

TABLE 144         ARGENTINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     179

11.6.5.3 Chile      179

11.6.5.3.1            High demand in mining, agriculture, and renewable energy industries to drive market        179

TABLE 145         CHILE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)     180

TABLE 146         CHILE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)     180

11.6.5.4 Rest of South America       180

TABLE 147         REST OF SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2020–2023 (USD MILLION)          181

TABLE 148         REST OF SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING,  2024–2029 (USD MILLION)          181

12          COMPETITIVE LANDSCAPE       182

12.1       OVERVIEW        182

12.2       STRATEGIES ADOPTED BY KEY PLAYERS           182

TABLE 149         PROGRESSING CAVITY PUMP MARKET: OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP FIVE PLAYERS, JANUARY 2019–JUNE 2022              182

12.3       MARKET SHARE ANALYSIS, 2022             184

TABLE 150         PROGRESSING CAVITY PUMP MARKET: DEGREE OF COMPETITION, 2022     185

FIGURE 41         PROGRESSING CAVITY PUMP MARKET SHARE ANALYSIS, 2022              185

12.4       REVENUE ANALYSIS, 2018–2022 186

FIGURE 42         PROGRESSING CAVITY PUMP MARKET: REVENUE ANALYSIS OF THREE KEY PLAYERS, 2018–2022       186

12.5       VALUATION AND FINANCIAL METRICS, 2024     187

FIGURE 43         EV/EBITDA OF KEY VENDORS   187

12.6       BRAND/PRODUCT COMPARISON          187

FIGURE 44         BRAND COMPARISON   187

12.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   188

12.7.1    STARS  188

12.7.2    PERVASIVE PLAYERS     188

12.7.3    EMERGING LEADERS    188

12.7.4    PARTICIPANTS 188

FIGURE 45         PROGRESSING CAVITY PUMP MARKET: COMPANY EVALUATION MATRIX  (KEY PLAYERS), 2023    189

12.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      190

12.7.5.1 Pumping capacity footprint              190

TABLE 151         COMPANY PUMPING CAPACITY FOOTPRINT    190

12.7.5.2 End user footprint             191

TABLE 152         COMPANY END USER FOOTPRINT         191

12.7.5.3 Regional footprint              192

TABLE 153         COMPANY REGION FOOTPRINT             192

12.7.5.4 Overall footprint  193

TABLE 154         COMPANY OVERALL FOOTPRINT          193

12.8       COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023         194

12.8.1    PROGRESSIVE COMPANIES       194

12.8.2    RESPONSIVE COMPANIES          194

12.8.3    DYNAMIC COMPANIES 194

12.8.4    STARTING BLOCKS       194

FIGURE 46         PROGRESSING CAVITY PUMP MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023             195

12.8.5    COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023           196

12.8.5.1 List of key start-ups/SMEs 196

TABLE 155         PROGRESSING CAVITY PUMP MARKET: LIST OF KEY START-UPS/SMES         196

12.8.5.2 Competitive benchmarking of key start-ups/SMEs      197

TABLE 156         PROGRESSING CAVITY PUMP MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES      197

12.9       COMPETITIVE SCENARIOS AND TRENDS           198

12.9.1    PRODUCT LAUNCHES  198

TABLE 157         PROGRESSING CAVITY PUMP MARKET: PRODUCT LAUNCHES,  JANUARY 2018–APRIL 2022         198

12.9.2    DEALS  199

TABLE 158         PROGRESSING CAVITY PUMP MARKET: DEALS, AUGUST 2020–MARCH 2022     199

12.9.3    EXPANSIONS    200

TABLE 159         PROGRESSING CAVITY PUMP MARKET: EXPANSIONS, FEBRUARY 2020–APRIL 2022       200

12.9.4    OTHERS             201

TABLE 160         PROGRESSING CAVITY PUMP MARKET: OTHERS, JULY 2020              201

13          COMPANY PROFILES    202

(Business overview, Products offered, Recent Developments, MNM view)*

13.1       KEY PLAYERS   202

13.1.1    NETZSCH          202

TABLE 161         NETZSCH: COMPANY OVERVIEW           202

TABLE 162         NETZSCH: PRODUCTS OFFERED            203

TABLE 163         NETZSCH: EXPANSIONS             204

13.1.2    PCM      207

TABLE 164         PCM: COMPANY OVERVIEW      207

TABLE 165         PCM: PRODUCTS OFFERED       207

TABLE 166         PCM: DEALS     209

TABLE 167         PCM: OTHERS  209

13.1.3    NOV INC.           211

TABLE 168         NOV INC.: COMPANY OVERVIEW           211

FIGURE 47         NOV INC.: COMPANY SNAPSHOT           212

TABLE 169         NOV INC.: PRODUCTS OFFERED            212

TABLE 170         NOV INC.: PRODUCT LAUNCHES           213

TABLE 171         NOV INC.: DEALS           214

13.1.4    CIRCOR INTERNATIONAL          217

TABLE 172         CIRCOR INTERNATIONAL: COMPANY OVERVIEW          217

FIGURE 48         CIRCOR INTERNATIONAL: COMPANY SNAPSHOT          218

TABLE 173         CIRCOR INTERNATIONAL: PRODUCTS OFFERED           218

TABLE 174         CIRCOR INTERNATIONAL: PRODUCT LAUNCHES          220

TABLE 175         CIRCOR INTERNATIONAL: EXPANSIONS            220

13.1.5    SLB       222

TABLE 176         SLB: COMPANY OVERVIEW        222

FIGURE 49         SLB: COMPANY SNAPSHOT       223

TABLE 177         SLB: PRODUCTS OFFERED        223

TABLE 178         SLB: DEALS       224

TABLE 179         SLB: EXPANSIONS          224

TABLE 180         SLB: OTHERS    225

13.1.6    SEEPEX GMBH (INGERSOLL RAND INC.)             227

TABLE 181         SEEPEX GMBH: COMPANY OVERVIEW  227

TABLE 182         SEEPEX GMBH: PRODUCTS OFFERED   227

TABLE 183         SEEPEX GMBH: PRODUCT LAUNCHES  229

TABLE 184         SEEPEX GMBH: DEALS  229

13.1.7    CHAMPIONX     230

TABLE 185         CHAMPIONX: COMPANY OVERVIEW     230

FIGURE 50         CHAMPIONX: COMPANY SNAPSHOT     231

TABLE 186         CHAMPIONX: PRODUCTS OFFERED      231

TABLE 187         CHAMPIONX: DEALS     232

13.1.8    SULZER 233

TABLE 188         SULZER: COMPANY OVERVIEW 233

FIGURE 51         SULZER: COMPANY SNAPSHOT 234

TABLE 189         SULZER: PRODUCTS OFFERED 234

TABLE 190         SULZER: PRODUCT LAUNCHES 235

TABLE 191         SULZER: DEALS 236

TABLE 192         SULZER: OTHERS           236

13.1.9    XYLEM 238

TABLE 193         XYLEM: BUSINESS OVERVIEW   238

FIGURE 52         XYLEM: COMPANY SNAPSHOT, 2023      239

TABLE 194         XYLEM: PRODUCTS OFFERED   240

TABLE 195         XYLEM: PRODUCT LAUNCHES  240

TABLE 196         XYLEM: DEALS 241

TABLE 197         XYLEM: OTHERS            241

13.1.10  WILO SE             242

TABLE 198         WILO SE: COMPANY OVERVIEW             242

FIGURE 53         WILO SE: COMPANY SNAPSHOT             243

TABLE 199         WILO SE: PRODUCTS OFFERED 243

TABLE 200         WILO SE: DEALS             244

TABLE 201         WILO SE: EXPANSIONS 245

13.1.11  VERDER LIQUIDS           247

TABLE 202         VERDER LIQUIDS: COMPANY OVERVIEW           247

TABLE 203         VERDER LIQUIDS: PRODUCTS OFFERED            247

TABLE 204         VERDER LIQUIDS: DEALS           248

13.1.12  VARISCO            249

TABLE 205         VARISCO: COMPANY OVERVIEW            249

TABLE 206         VARISCO: PRODUCTS OFFERED             249

13.1.13  DELTA PD PUMPS         250

TABLE 207         DELTA PD PUMPS: COMPANY OVERVIEW          250

TABLE 208         DELTA PD PUMPS: PRODUCTS OFFERED           250

13.1.14  NOVA ROTORS 251

TABLE 209         NOVA ROTORS: COMPANY OVERVIEW 251

TABLE 210         NOVA ROTORS: PRODUCTS OFFERED  251

13.1.15  ROTO PUMPS   253

TABLE 211         ROTO PUMPS: COMPANY OVERVIEW    253

FIGURE 54         ROTO PUMPS: COMPANY SNAPSHOT   254

TABLE 212         ROTO PUMPS: PRODUCTS OFFERED     254

13.1.16  VOGELSANG     256

TABLE 213         VOGELSANG: COMPANY OVERVIEW     256

TABLE 214         VOGELSANG: PRODUCTS OFFERED      256

13.1.17  INOXPA INDIA PVT. LTD.           257

TABLE 215         INOXPA INDIA PVT. LTD.: COMPANY OVERVIEW            257

TABLE 216         INOXPA INDIA PVT. LTD.: PRODUCTS OFFERED            257

13.1.18  SHANGHAI GL ENVIRONMENTAL TECHNOLOGY CO., LTD.       259

TABLE 217         SHANGHAI GL ENVIRONMENTAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW  259

TABLE 218         SHANGHAI GL ENVIRONMENTAL TECHNOLOGY CO., LTD.: PRODUCTS OFFERED   259

13.1.19  TAPFLO             260

TABLE 219         TAPFLO: COMPANY OVERVIEW 260

TABLE 220         TAPFLO: PRODUCTS OFFERED 260

13.1.20  SPI PUMPS         261

TABLE 221         SPI PUMPS: COMPANY OVERVIEW         261

TABLE 222         SPI FLOW: PRODUCTS OFFERED            261

13.2       OTHER PLAYERS           262

13.2.1    ZHEJIANG YONJOU TECHNOLOGY CO., LTD     262

13.2.2    FRISTUM PUMPS INDIA PVT. LTD.         262

13.2.3    PSP PUMPS       263

13.2.4    SPX FLOW, INC. 263

13.2.5    GEA GERMANY GMBH  264

*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

14          APPENDIX         265

14.1       INSIGHTS FROM INDUSTRY EXPERTS   265

14.2       DISCUSSION GUIDE      266

14.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             270

14.4       CUSTOMIZATION OPTIONS      272

14.5       RELATED REPORTS       272

14.6       AUTHOR DETAILS         273