Market Snapshot:
Turbine pumps are referred to as the special types of centrifugal pumps which uses turbine-like impellers with radially oriented teeth to move fluid. They are even called a vortex, regenerative pumps or periphery. These pumps combine the pressure which is of high discharge of multi-stage centrifugal pumps or positive displacement with the flexible operation of the centrifugal pumps. Addition to this, the flow rate of turbine pumps is not variable extremely with large changes in pressure like in most of the centrifugal pumps. They are preferred in applications where the low flow, high head, and compact design are desired, such as in deep-well pumping.
Segment Analysis
AMA Research have segmented the market of Global Turbine Pumps market by Type, Application and Region.
On the basis of geography, the market of Turbine 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).
Market Trend
Increasing Longer Service Contract by Established Player for Turbine Pumps-Service that Offers Higher Discounts and Replacements without Any Delay
Market Drivers
Increasing Requirement from the Firefighting, Agriculture and Other Sector, Rapidly Growing Exploration Activities in Industries and An Emergence of New Problem-Solving Methods for Turbine Pumps
Opportunities
An Emergence of Aftermarket for Services and Spare Parts for Turbine Pumps and Increasing Utilization of Artificial Lifts from Agriculture and Industrial Sector
Restraints
- Poor Quality of Some Turbine Pumps Have Been Limiting the Growth of the Market
- High operational and Replacement cost for the Turbine Pumps
In addition to the aforementioned factor, Increasing Requirement from the Firefighting, Agriculture and Other Sector
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
Leading Turbine Pumps players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
The key Manufacturers profiled in the study are Gorman Rupp (National Pump) (United States), Pentair Aurora Pump (United States), Simflo Pump (United States), Process Systems (United States), Sulzer (Switzerland), Xylem (United States), Grundfos (Denmark), Flowserve (United States), Ruhrpumpen (Mexico) and Hydroflo Pumps (United States).