As per the UN, in this ‘urban millennium’, 50% of the world’s population is living in urban areas, with 180,000 people adding to the urban population daily.

Over time, countries especially the developing countries have been investing significantly in infrastructure, sanitation, and water and wastewater management to support the mounting rate of urbanization. This trend will continue to grow the global pumps market.

Also, the demand for electricity is growing at a fast pace, ... Read more

Reciprocating pumps market is projected to witness a significant growth, according to a latest report by Fact.MR. The reciprocating pumps market growth is being influenced by rising demand for oil and gas worldwide, especially in the petrochemical industry. The growing oil and gas demand is creating substantial opportunities for a range of industrial goods, including reciprocating pumps.

Reciprocating pumps are also being deployed for pumping fluid in wells ... Read more

Fact.MR has adopted multi-disciplinary approach to shed light on the evolution of the global Reciprocating Pumps market during the historical period of 2013 – 2017. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2018, and key prospects over the forecast period 2018 – 2027. 

The demand for reciprocating pumps is expected to expand at a 5.6% CAGR in terms of value throughout the forecast period, 2018-2027. Extensive ... Read more