Wednesday, 2 May 2018

Metering Pumps Market 2018-2022: Key Trends, Drivers & Challenges

Technavio recognizes the following companies as the key players in the global metering pumps market: Cameron International (Schlumberger) , Grundfos ,IDEX Corporation , NIKKISO, SEKO, and Walchem and Watson-Marlow Pumps (Spirax-Sacro Engineering)
Commenting on the report, an analyst from Technavios team said: The latest trend gaining momentum in the market is Adoption of intelligent metering pumps. Standard metering pumps are considered advanced in terms of technology; however, the introduction of intelligent and programmable metering pumps has brought about disruption in the market, owing to the distinct advantages of these pumps.
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According to the report, one of the major drivers for this market is Growing demand for water conservation and treatment. The growing demand for potable water in all geographic regions is one of the most important factors boosting the global metering pumps market. As water is the most essential thing on the planet for human life and survival, factors such as increasing urbanization and industrialization, economic activities in the developing countries, and the continuous rise in per capita water consumption are escalating the demand for potable water across the globe.
Further, the report states that one of the major factors hindering the growth of this market is Growing adoption of Coriolis mass flowmeters. Coriolis mass flow meters can detect the flow of all liquids as well as that of dense gases. The technology involved in Coriolis mass flowmeters ensures high precision, easy handling in sanitary applications, high reliability and low maintenance, owing to which, they can be a substitute for metering pumps. Mass flowmeters find a wide spectrum of applications in most end-user industries such as water and wastewater, metals and minerals, mining, power, paper and pulp, petroleum, and chemical and petrochemical industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Metering Pumps
Metering pumps also known as dosing pumps are a type of positive displacement pumps that are designed to inject precise volume of liquid into a process or a system.
Technavios analysts forecast the global metering pumps market to grow at a CAGR of 5.76% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global metering pumps market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of metering pumps.
The market is divided into the following segments based on geography:
·         Americas
·         APAC
·         EMEA
Technavio's report, Global Metering Pumps Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
·         Cameron International (Schlumberger)
·         Grundfos
·         IDEX Corporation
·         NIKKISO
·         SEKO
·         Walchem and Watson-Marlow Pumps (Spirax-Sacro Engineering)
Market driver
·         Growing demand for water conservation and treatment
·         For a full, detailed list, view our report
Market challenge
·         Growing adoption of Coriolis mass flowmeters
·         For a full, detailed list, view our report
Market trend
·         Adoption of intelligent metering pumps
·         For a full, detailed list, view our report
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