AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Volute Pumps market - Global outlook to 2027". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Volute Pumps market to grow at a CAGR of %.
The End-Users, such as Water & wastewater treatment, is boosting the Volute Pumps market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Volute Pumps market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Tremendously Rising Number of Irrigation Schemes Across the Globe, Rapidly Growth of Industrialization World Widely and Demand From Water and Wastewater and Infrastructure Industry.
Volute pumps are mechanical devices which are in curved shaped. Also, a type of Centrifugal Pump that has been classified into volutes and diffusers. Volute pumps are used for the transportation of liquid from one place to another by producing a suitable pressure head. These pumps are classified into two categories namely concrete pumps and metallic pumps. Volute pumps create a pressure providing the fluid to flow path and operates as single volute pumps and double volute pumps. Centrifugal pumps are used commonly to transport fluids with large volume and extensive pressure head and are majorly used for water, wastewater, and industrial liquid transportation in the power, steel, agriculture, and domestic sectors.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Volute Pumps market by Type (Concrete pumps and Metallic pumps), by Application (Irrigation schemes, Drainage, Seawater intake, Flood control, Cooling water and Others) and major geographies with country level break-up that includes 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). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market