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The industrial peristaltic pumps market share is expected to increase by USD 520.02 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.05%. Furthermore, this report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.
This industrial peristaltic pumps market research report extensively covers market segmentation by end-user (water and wastewater, chemical and petrochemical industry, mining industry, food and beverage industry, and others) and geography (APAC, Europe, North America, South America, and Middle East and Africa).
The industrial peristaltic pumps market report also offers information on several market vendors, including AxFlow Holding AB, Cole-Parmer, Dover Corp., Flowserve Corp., Gilson Inc., Graco Inc., Heidolph Instruments GmbH & CO. KG, IDEX Corp., Ingersoll Rand Inc., Neles Corp., ProMinent GmbH, RAGAZZINI srl, Randolph Austin Co., SEKO Spa, Spirax-Sarco Engineering Plc, TAPFLO AB, The Weir Group Plc, Wanner Engineering Inc., Welco Co. Ltd., and Verder International BV among others.
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The need for cost-effective pumping solutions is notably driving the industrial peristaltic pumps market growth, although factors such as the availability of large number of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial peristaltic pumps industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Industrial Peristaltic Pumps Market Driver
Key Industrial Peristaltic Pumps Market Trend
Key Industrial Peristaltic Pumps Market Challenge
This industrial peristaltic pumps market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global industrial peristaltic pumps market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial peristaltic pumps market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the industrial peristaltic pumps market encompasses successful business strategies deployed by the key vendors. The industrial peristaltic pumps market is fragmented and the vendors are deploying growth strategies such as pricing and marketing to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The industrial peristaltic pumps market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the industrial peristaltic pumps market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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43% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for industrial peristaltic pumps in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Increasing populations with exponential growth in urbanization will facilitate the industrial peristaltic pumps market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the industrial peristaltic pumps market in APAC faced certain challenges owing to the outbreak of COVID-19. However, the governments of various countries in the region have announced economic stimulus packages to bail out the economies from the negative effects of the pandemic. For instance, in May 2020, India announced a stimulus package of about $260 billion to counter the severe impact of COVID-19 on the economy. Such relief packages will help different end-user industries to boost their production and sales, which, in turn, is anticipated to propel the demand for industrial peristaltic pumps during the forecast period.
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The industrial peristaltic pumps market share growth by the water and wastewater segment will be significant during the forecast period. Peristaltic pumps are widely used in this industry and form a basic component for carrying the wastewater to treatment plants besides for internal processes within the plant. Their ability to transport slurry and even untreated water make them an integral part of this industry. In the present scenario, there has been an increase in demand for water owing to the continuous increase in population worldwide and rapid urbanization. Basically, irrespective of the industry, water contamination poses a huge problem. Water quality is a big issue in industries such as mining, chemicals, oil and gas, and power. Thus, new environmental regulations on wastewater disposal have compelled companies to make new investments in water and wastewater treatment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial peristaltic pumps market size and actionable market insights on post COVID-19 impact on each segment.
Industrial Peristaltic Pumps Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.05% |
Market growth 2022-2026 |
$ 520.02 million |
Market structure |
Fragmented |
YoY growth (%) |
5.64 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 43% |
Key consumer countries |
US, China, Japan, Russia, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
AxFlow Holding AB, Cole-Parmer, Dover Corp., Flowserve Corp., Gilson Inc., Graco Inc., Heidolph Instruments GmbH & CO. KG, IDEX Corp., Ingersoll Rand Inc., Neles Corp., ProMinent GmbH, RAGAZZINI srl, Randolph Austin Co., SEKO Spa, Spirax-Sarco Engineering Plc, TAPFLO AB, The Weir Group Plc, Wanner Engineering Inc., Welco Co. Ltd., and Verder International BV |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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