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Progressing Cavity Pump Trends and Forecast
The future of the global progressing cavity pump market looks promising with opportunities in the oil & gas, water & wastewater treatment, food & beverage, and chemicals & petrochemical markets. The global progressing cavity pump market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are Progressing cavity pumps are in demand for use in oil recovery and other upstream processes, water and wastewater treatment are becoming increasingly important in developed nations, and increase in investments in food & beverage industry.
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Progressing Cavity Pump by Segment
The study includes a forecast for the global progressing cavity pump by product type, pumping capacity, end use, and region.
Progressing Cavity Pump Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Dosing Pump
• Flanged Pump
• Hopper Pump
• Food Grade (non-certified)
• Food Grade (3A certified)
• Vertical Pump
• Downhole Pump
Progressing Cavity Pump Market by Pumping capacity [Shipment Analysis by Value from 2018 to 2030]:
• Up to 500 GPM
• 501–1,000 GPM
• Above 1,000 GPM
Progressing Cavity Pump Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Oil & Gas
• Water & Wastewater Treatment
• Food & Beverage
• Chemicals & Petrochemical
• Others
Progressing Cavity Pump Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Progressing Cavity Pump Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies progressing cavity pump companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the progressing cavity pump companies profiled in this report include-
• Seepex
• Schlumberger
• NOV
• Xylem
• CIRCOR
• Weatherford
• Borets
• Roto Pumps
• Sulzer
• Champion X
Progressing Cavity Pump Market Insights
Lucintel forecasts that up to 500 gpm is expected to witness highest growth over the forecast period because of their versatility in operations, mainly in food & beverages.
APAC is expected to witness highest growth over the forecast period due to the rapid growth and consistent rise in economic activities such as industrialization, modern agriculture, and urbanization, which exacerbated the demand for clean and reusable water.
Features of the Global Progressing Cavity Pump Market
Market Size Estimates: Progressing cavity pump market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Progressing cavity pump market size by product type, pumping capacity, end use , and region in terms of value ($B).
Regional Analysis: Progressing cavity pump market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, pumping capacity, end use , and regions for the progressing cavity pump market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the progressing cavity pump market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the progressing cavity pump market size?
Answer: The global progressing cavity pump market is expected to reach an estimated $3.4 billion by 2030.
Q.2 What is the growth forecast for progressing cavity pump market?
Answer: The global progressing cavity pump market is expected to grow with a cagr of 5.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the progressing cavity pump market?
Answer: The major drivers for this market are Progressing cavity pumps are in demand for use in oil recovery and other upstream processes, water and wastewater treatment are becoming increasingly important in developed nations, and increase in investments in food & beverage industry.
Q4. What are the major segments for progressing cavity pump market?
Answer: The future of the global progressing cavity pump market looks promising with opportunities in the oil & gas, water & wastewater treatment, food & beverage, and chemicals & petrochemical markets.
Q5. Who are the key progressing cavity pump market companies?
Answer: Some of the key progressing cavity pump companies are as follows:
• Seepex
• Schlumberger
• NOV
• Xylem
• CIRCOR
• Weatherford
• Borets
• Roto Pumps
• Sulzer
• Champion X
Q6. Which progressing cavity pump market segment will be the largest in future?
Answer: Lucintel forecasts that up to 500 gpm is expected to witness highest growth over the forecast period because of their versatility in operations, mainly in food & beverages.
Q7. In progressing cavity pump market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the rapid growth and consistent rise in economic activities such as industrialization, modern agriculture, and urbanization, which exacerbated the demand for clean and reusable water.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the progressing cavity pump market by product type (dosing pump, flanged pump, hopper pump,food grade (non-certified), food grade (3A certified), vertical pump, and downhole pump), pumping capacity (up to 500 gpm, 501–1,000 gpm, and above 1,000 gpm), end use (oil & gas, water & wastewater treatment, food & beverage, chemicals & petrochemical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Progressing Cavity Pump Market, Progressing Cavity Pump Market Size, Progressing Cavity Pump Market Growth, Progressing Cavity Pump Market Analysis, Progressing Cavity Pump Market Report, Progressing Cavity Pump Market Share, Progressing Cavity Pump Market Trends, Progressing Cavity Pump Market Forecast, Progressing Cavity Pump Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Progressing Cavity Pump Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Progressing Cavity Pump Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Progressing Cavity Pump Market by Product Type
3.3.1: Dosing Pump
3.3.2: Flanged Pump
3.3.3: Hopper Pump
3.3.4: Food Grade (non-certified)
3.3.5: Food Grade (3A certified)
3.3.6: Vertical Pump
3.3.7: Downhole Pump
3.4: Global Progressing Cavity Pump Market by Pumping capacity
3.4.1: Up to 500 GPM
3.4.2: 501–1,000 GPM
3.4.3: Above 1,000 GPM
3.5: Global Progressing Cavity Pump Market by End Use
3.5.1: Oil & Gas
3.5.2: Water & Wastewater Treatment
3.5.3: Food & Beverage
3.5.4: Chemicals & Petrochemical
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Progressing Cavity Pump Market by Region
4.2: North American Progressing Cavity Pump Market
4.2.1: North American Progressing Cavity Pump Market by Pumping capacity: Up to 500 GPM, 501–1,000 GPM, and Above 1,000 GPM
4.2.2: North American Progressing Cavity Pump Market by End Use : Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Chemicals & Petrochemical, and Others
4.3: European Progressing Cavity Pump Market
4.3.1: European Progressing Cavity Pump Market by Pumping capacity: Up to 500 GPM, 501–1,000 GPM, and Above 1,000 GPM
4.3.2: European Progressing Cavity Pump Market by End Use : Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Chemicals & Petrochemical, and Others
4.4: APAC Progressing Cavity Pump Market
4.4.1: APAC Progressing Cavity Pump Market by Pumping capacity: Up to 500 GPM, 501–1,000 GPM, and Above 1,000 GPM
4.4.2: APAC Progressing Cavity Pump Market by End Use : Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Chemicals & Petrochemical, and Others
4.5: ROW Progressing Cavity Pump Market
4.5.1: ROW Progressing Cavity Pump Market by Pumping capacity: Up to 500 GPM, 501–1,000 GPM, and Above 1,000 GPM
4.5.2: ROW Progressing Cavity Pump Market by End Use : Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Chemicals & Petrochemical, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Progressing Cavity Pump Market by Product Type
6.1.2: Growth Opportunities for the Global Progressing Cavity Pump Market by Pumping capacity
6.1.3: Growth Opportunities for the Global Progressing Cavity Pump Market by End Use
6.1.4: Growth Opportunities for the Global Progressing Cavity Pump Market by Region
6.2: Emerging Trends in the Global Progressing Cavity Pump Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Progressing Cavity Pump Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Progressing Cavity Pump Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Seepex
7.2: Schlumberger
7.3: NOV
7.4: Xylem
7.5: CIRCOR
7.6: Weatherford
7.7: Borets
7.8: Roto Pumps
7.9: Sulzer
7.10: Champion X
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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