Global Split Casing Pump Market is valued at approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than 9% over the forecast period 2020-2027. A split casing pump is a type of centrifugal pump where two separate chambers separate the case. A split casing pump is designed and divided accordingly with respect to the impeller along a vertical plane. A split casing pump is driven by bearings on both sides in higher flow applications. One advantage with respect to higher flow pumps is that in the lower half of the case, the split casing pump has opposite suction and discharge connections. The factors driving the growth of the market can be attributed to increased demand for dual-drive pumps to eliminate downtime, increased demand for light weight and decreased floor space for all forms of pumps are the main factors contributing to the growth of split casing pumps on the market. In addition, increased demand for improved performance and low operating cost pumps is expected to fuel the market for split casing pumps, along with increasing investment in new product creation based on R&D activities. Growth in pump sales is expected to expand the demand for split casing pumps . However, the high production cost and price fluctuations of raw materials such as cast iron and ductile iron may act as a restraint for the growing split casing pump market, as the pump consists of two stuffing boxes therefore, two seals or packaging sets per pump are needed. may hamper the growth of split casing pumps.
The regional analysis of the global Split Casing Pump Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share due to the rise in production activity and Internet of Things (IOTs). Whereas Asia Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, owing rise in social and economic development in countries along with expansion of agriculture and manufacturing, industries.
Major market player included in this report are:
ANDRITZ
Flowserve Corporation
Gardner Denver Inc.
Grundfos Holding A/S
Hunan M&W Pump Co., Ltd
Kirloskar Brothers Limited
Ksb Group
Kubota Pump
Patterson Pump Company
Psg Dover
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Vertical
Horizontal
By Sales Channel:
Manufacturer
Wholesaler
Distributor
Supplier
Retailer
By Application:
Sprinkler systems
Hydrant systems
Deluge systems
Water curtains
By Industry:
Agriculture
Construction industry
Power industries
Water & Waste Water
Oil & Gas, Chemicals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year 2017, 2018
Base year 2019
Forecast period 2020 to 2027.
Target Audience of the Global Split Casing Pump Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors