Global Rotary Pump Market to Reach $5.37 Billion by 2023 – Gear Pumps Expected to Dominate the Market – ResearchAndMarkets.com

The "Global Rotary Pump Market - By Type (Vane, Gear, and Progressive), End User (Power Generation, Water & Wastewater Management, and Pharmaceutical), and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global rotary pump market was valued at USD 4.516 billion in 2017. This market is expected to reach USD 5.37 billion by the end of 2023, witnessing a CAGR of 2.93% during the forecast period, 2018-2023.

The oil & gas industry has seen a severe downfall in the past. However, it is on the move toward stability, as low levels of production has helped the industry to rebound modestly. The low production had a direct impact on the drilling and oil field services. There was a negative outlook for drilling & oil field services sector throughout 2017.

Key Highlights

• Focus on Wastewater Management Systems in Developing Economies Expected to Drive the Market Growth
• Gear Pumps Expected to Dominate the Market
• China expected to Hold Major Share in Asia-Pacific

Notable Developments

• Dover announced that it had completed the sale of its Performance Motorsports International (PMI) unit headquartered in Mentor, Ohio, to Race Winning Brands, a portfolio company of Kinderhook Industries LLC for USD 150 million, including Dover's retention of a minority ownership interest in the ongoing business. PMI is a leading manufacturer of pistons and other engine-related components, serving the motorsports and power sports markets.
• Colfax Corporation announced that it had entered a binding agreement to acquire Siemens Turbo machinery Equipment GmbH (STE) from Siemens AG, for a cash consideration of approximately EUR 195 million.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Insights

4. Market Dynamics

5. Technology Snapshot

6. Global Rotary Pump Market Segmentation

7. Competitive Intelligence - Company Profiles

• Dover Corporation
• Colfax Corporation
• SPX Flow Inc.
• Xylem Inc.
• IDEX corporation
• Atlas Copco AB
• Pfeiffer Vacuum Technology AG
• ULVAC
• Busch Pumps & Systems
• Gardener Denver Holdings Inc.

8. Investment Analysis

9. Future of the Rotary Pump Market

For more information about this report visit https://www.researchandmarkets.com/research/9z9djp/global_rotary?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180928005127/en/