Ultra-high-pressure Water Pump Market - Global Industry Analysis

Global Ultra-high-pressure Water Pump Market: Overview

The high-pressure pump is designed to function even under pressures that are above normal. They are widely used across oil & gas, power generation, chemistry, pharmaceuticals, and manufacturing industries. Ultra-high-pressure pumps are extensively appropriate for cooling & air-conditioning systems, water treatment systems, firefighting systems, industrial plants, and boiler feeding systems. High-pressure pumps are largely used to increase efficiency and fulfill several modern-day applications. They are also used as an injecting tool for carbon dioxide carefully into depleted gas reservoirs, coal beds and saline formation for long-term storage.

Report Scope:

Global Ultra-high-pressure Water Pump Market: Growth Factors

The global ultra-high-pressure water pump market is majorly driven by the increasing use of high-pressure pumps in the industrial sector. Factors that are fueling the growth of the global market include expanding use of high-pressure pumps for fuel injection and a rapidly growing number of distillation plants. Rising usage of these water pumps in ultra-high pressure water jetting and water blasting applications as well as in industrial applications is boosting the market growth. Metal fabrication and automotive industries are the primary industries where high-pressure pumps are being used and this has contributed to the market growth. Further, the growing number of wastewater treatment plants, the increasing consumer awareness regarding the effect of polluted water and growing necessity for environmental sustainability is enhancing the demand for global ultra-high-pressure water pump market. In addition, the use of ultra-high-pressure pumps is also growing among the power generation, manufacturing, food & beverage, shipbuilding, and manufacturing industries. Moreover, stringent government regulations on wastewater and industrial waste management will augment the ultra-high-pressure water pump market growth. Furthermore, reliable and efficient pumps are utilized in numerous systems along with continuous advancement in the product by key players to meet changing consumer requirements, which in turn is likely to offer lucrative opportunities to the global ultra-high-pressure water pump market in the forecast period. However, the high cost associated with the installation and maintenance may hamper the growth of the global ultra-high-pressure water pump market.

The novel coronavirus has impacted a large number of economies and is turning out to be even worse than the critical economic & strategic clashes happening internationally. The outbreak has and still is affecting all industries, including the healthcare and manufacturing sectors. Sudden production shut down in major end-user industries such as the oil & gas industry, chemical industry, and manufacturing directly impacted the demand for ultra-high-pressure water pumps. The primary factors anticipated to exert an impact on the industrial sector include the restriction on production & transportation of non-essential products and supply chain disruption. Most of the industries are experiencing limited availability of labor workforce along with the unavailability of raw material to fulfill the end-user requirements hampering the ultra-high-pressure water pump market. However, the impact of COVID-19 on the water pump industry is anticipated to be neutralized by a larger portfolio and revenue gained from other industrial lines such as chemical, wastewater, and firefighting in the near future.

Global Ultra-high-pressure Water Pump Market: Segmentation

The global ultra-high-pressure water pump market is divided based on type, application, and region. Based on type, the global ultra-high-pressure water pump market is split into diesel engine drive, electric motor drive, and others. The application segment is bifurcated into the chemical industry, oil & gas industry, firefighting industry, and others.

Global Ultra-high-pressure Water Pump Market: Regional Analysis

Geographically, the North America region is projected to hold the highest share in the global ultra-high-pressure water pump market during the forecast period. Increasing demand for technologically advanced equipment and rapid infrastructure development is driving the growth of the market in this region. On the other side, Asia Pacific is anticipated to grow at a significant rate and is expected to offer new opportunities for market growth. Some of the factors that are enhancing the growth of the market in this region include the rapidly growing manufacturing sector and rising demand for high-pressure pumps by end-user industries. Europe is also expected to grow at a healthy growth rate during the forecast period.

Global Ultra-high-pressure Water Pump Market: Competitive Players

The global ultra-high-pressure water pump market is fragmented owing to the presence of domestic as well as international manufacturers in the global market. Grundfos, The Flowserve Corporation, Yamada Pumps, Goma Engineering Pvt. Ltd., Master Pumps & Power, Pentair plc, Andritz AG, Xylem Inc., KSB Pumps, WOMA Group, Danfoss, Hammelmann GmbH, Kamat GmbH & Co. KG, Cat Pumps, and GEA Group are some of the leading players that are operating in the global ultra-high-pressure water pump market. The leading players operating in this market are focusing on enlightening R&D activities and facilitate other organic strategies to gain a competitive edge in the market. These manufacturers are also increasing productivity by incorporating advanced techniques which in turn offer large scope.

Global Ultra-high-pressure Water Pump Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.