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.
Complete Report with
TOC Available @ https://marketreportscenter.com/reports/585449/global-metering-pumps-market-2018-2022
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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