Pump Market in China will register an impressive CAGR of over 7.01% during the forecast period 2018-2021

ResearchMoz presents professional and in-depth study of "Pump Market in China 2017-2021".

Pumps are mechanical devices used to move fluids from one place to another. They are used in the circulation of fluids around different parts of a system to increase the operational performance of industrial plants.

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They are widely used in industries, such as wastewater, mining, chemical, power generation, pharmaceutical, pulp and paper, marine, agriculture, food and beverage, aerospace, shipbuilding, automotive, and construction.

Technavios analysts forecast the pumps market in China to grow at a CAGR of 7.01% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the pumps market in China for 2017-2021. To calculate the market size, the report considers the demand for pumps from different end-users.

Technavio's report, Pumps Market in China 2017-2021, 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

FengQiu Group

SHIMGE Pump Industry Group

Shanghai East Pump Group

Grundfos

Kaiquan Group

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Other prominent vendors

Flowserve

SANILIANPUMP

EBARA CORPORATION

ITT

KSB

Sulzer

Tianjin Rongheng Group

LianCheng Group

Market driver

Increasing demand for power

For a full, detailed list, view our report

Market challenge

Fluctuating raw material prices

For a full, detailed list, view our report

Market trend

Growth in electricity generation from solar PV and wind energy

For a full, detailed list, view our report

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Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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