What is Progressing Cavity Pumps?
Progressive cavity pump is a type of positive displacement pump and is also known as a eccentric screw pump and cavity pump. This pump is mainly used to transfers fluid with sequence of small, fixed shape, discrete cavities, as its rotor is turned. Thus, volumetric flow rate can be achieved which is proportional to the rotation rate. Hence, these pumps are mainly useful for fluid measuring and metering. Further, it is used for pumping of shear-sensitive materials. They are ideal for sheer sensitive fluid owing to their ability of lowering internal velocity. Therefore, progressive cavity pump witnessing huge demand from number of end use industries where fluid related process are routinely conducted. Geographically, North America regions is expected to grow with highest market share owing to the presence of leading market players and growing automated industrial infrastructure.
The market study is broken down by Type (Standard PC Pump, Wide Throat PC Pump, Dosing Pump, General Purpose Pump and Others), by Application (Sheer Sensitive Liquid, Liquid with Abrasive Solid and Others) and major geographies with country level break-up.
Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Schlumberger Limited (Switzerland), Weir (United Kingdom), Xylem (United States), EBARA Corporation (Japan), NOV Inc. (United States), Wilo (Germany), ITT Corporation (United States), NETZSCH (Germany), ChampionX Corporation (United States), CIRCOR International (United States), SEEPEX (Germany), BORETS International (UAE), Weatherford International (United States), SEKO S.p.A (Germany), Borger GmbH (Germany) and Roto Pumps (India) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Progressing Cavity Pumps market by Type, Application and Region.
On the basis of geography, the market of Progressing Cavity Pumps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Progressing Cavity Pumps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Paper & Paint will boost the Progressing Cavity Pumps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pumping Capacity, the sub-segment i.e. Up to 500 GPM will boost the Progressing Cavity Pumps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In June 2020, ChampionX Corporation completed merger of the businesses of Apergy Corporation and ChampionX Holding Inc. With this transaction, Apergy Corporation changed its name to ChampionX Corporation. Company announced its shares of common stock would trade on the New York Stock Exchange under the symbol “CHX”.
In May 2020, Circor International Inc. established a new plant in Shandong province of China. This new plant is mainly for manufacturing progressing cavity pumps, three-screw positive displacement pumps, control valves, centrifugal pumps and others. With this new manufacturing facility, company is able to provides its offering in Asia Pacific Market. This plant is fully integrated facility for manufacturing, distribution to industrial and marine sectors.
- More Preference for Cavity Pump with Up to 500 GPM over Others
- Rising Demand for Machinery in Painting, Paper, Power Generation and Food & Beverages Industry
- Growing Automations in Industrial Processing’s with Less Manual Interference
- Increasing Preference for Oil Recovery & Upstream Process
- Augmenting Beverages and Food Processing Industry has Created Growth Opportunities
- Huge Investments in Waste Water Treatment Setups in Emerging Countries
- Industrial Slowdown owing to Pandemic & Supply Chain Disruption
- Fluctuation in Raw Material Availability
- Shift towards Renewable Energy Resources
Key Target AudienceProgressing Cavity Pump Manufacturers, Progressing Cavity Pump Suppliers/Distributors, Components Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Schlumberger Limited (Switzerland), Weir (United Kingdom), Xylem (United States), EBARA Corporation (Japan), NOV Inc. (United States), Wilo (Germany), ITT Corporation (United States), NETZSCH (Germany), ChampionX Corporation (United States), CIRCOR International (United States), SEEPEX (Germany), BORETS International (UAE), Weatherford International (United States), SEKO S.p.A (Germany), Borger GmbH (Germany) and Roto Pumps (India) etc.
2. Can we have customized study for Progressing Cavity Pumps Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Progressing Cavity Pumps Market by 2026?
Analysts at AMA estimates Progressing Cavity Pumps Market to reach USD Million by 2026.