In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global power generation pumps market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting power generation pumps market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
The power generation pumps market study outlines the key regions – Latin America, North America, MEA, Europe and APEJ – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are Gardner Denver Inc., Roper Technologies Inc., KSB SE & Co. KGaA, Flowserve Corporation and many others.
The power generation pumps market is likely to witness steady growth, with global demand expected to exceed 4,000,000 units by the end of 2018. The growth in the power generation pumps market is influenced by rising energy demand, especially in the developing regions. Integration of new technologies including sensors to monitor different parameters in the power generation pumps is also on a rise. Providing high flow rate with a capacity of handling large quantities of fluids, centrifugal pumps are widely used in the power generation plants. The demand for centrifugal pumps is likely to be influenced by its various features, such as small size and low costs.
Power Generation Pumps to find Large Application in Coal/Oil Power Plants
The demand for power generation pumps is likely to grow significantly in coal/oil power plants with demand expected to exceed 1,400,000 units by 2018 end. The development of new coal and oil power plants across various countries is driving the power generation pumps market growth. According to the International Energy Agency (IEA), coal generation increased by 3% in 2017 after witnessing a fall in last two years. Substantial growth in coal generation is seen in India and China. Moreover, with the share of around 30%, coal-fired power generation remains the largest source of energy worldwide.
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The power generation pumps market is likely to witness steady growth, the demand for power generation pumps is expected to reach 3.7% CAGR in terms of volume during 2018-2028. Efforts are being made to improve the coal power plants design and power generation pumps to boost efficiency and flexibility of the plants. The coal-fired power plants are deploying efficient supercritical and ultra-supercritical coal power generation technologies. Although Southeast Asia is an important producer of coal, oil, and gas, it is likely to face several challenges in the coming years, owing to the increasing focus on power generation through green energy sources.
The power generation pumps market is likely to witness steady growth, with global demand expected to exceed 4,000,000 units by the end of 2018.
The growth in the power generation pumps market is influenced by rising energy demand, especially in the developing regions.
Integration of new technologies including sensors to monitor different parameters in the power generation pumps is also on a rise.
The demand for centrifugal pumps is likely to be influenced by its various features, such as small size and low costs.Competitive Assessment: The keyword market report includes global as well as emerging players:Flowserve CorporationKSB SE & Co. KGaAGardner Denver, Inc.Roper Technologies, Inc.OthersDemand for centrifugal pumps is expected to increase in the Asia Pacific region, especially in China, India, and Japan.
Rising demand for power supply and favorable government policies are driving the demand for power generation pumps.Power Generation Pumps to find Large Application in Coal/Oil Power PlantsThe demand for power generation pumps is likely to grow significantly in coal/oil power plants with demand expected to exceed 1,400,000 units by 2018 end.
According to the International Energy Agency (IEA), coal generation increased by 3% in 2017 after witnessing a fall in last two years.
Leading players in the power generation pumps market are primarily focusing on new product development.
Gaining competitive advantage and adding more value to the existing product line, companies are developing new products to meet the evolving need of end-users.
Key power generation pump manufacturers include Xylem, Weir Group, Flowserve Corporation, and Sulzer Ltd.Read Report Summary: https://www.factmr.com/report/2430/power-generation-pumps-marketOffering new technologies and systems to boost performance, enhancing the reliability of power generation pumps continues to be a key strategy for leading players in the power generation pumps market.For instance, Sulzer Ltd. has launched BLUE BOX, an advanced remote analytics platform providing operational improvement and increasing efficiency and performance of pumps and pipelines.
According to the International Energy Agency, the energy demand globally rose by 2.1% in 2017, which was twice the previous year’s rate.Oil, natural gas, and coal met 70% of global energy demand, while renewable energy accounted for the rest.
On account of process optimization to reduce energy consumption, the demand for power generation pumps offering efficiency is expected to grow.Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=2430Manufacturers across the globe are focusing on deploying cost-effective solutions, and this is resulting into new pump design, along with growing focus on research and development.
Old power plants operating in various regions are focusing on replacement/retrofit of valves, power generation pumps, and other equipment used in power plants.The demand for high-performance power generation pumps leading to efficiency of operations and improving power system flexibility is also increasing across the globe.
THE RIGHT EQUIPMENT AND PROPER MAINTENANCE CAN EXTEND THE LIFE OF EXPANSION JOINTS, AND ADD TO A SYSTEM’S TOTAL LIFESPAN.Operating equipment in the process industries can be fraught with dangers.
Specifically, rubber expansion joints used at high temperatures or improperly installed, and operating pumps away from the best efficiency point (BEP), can cause wear, failure and extended downtime in operation.
One common issue with rotating equipment is vibration, and one way to avoid vibration is to use expansion joints and use them properly.In addition, piping systems require flexibility, according to the Fluid Sealing Association (FSA).
Inadequate flexibility and vibration from fluid borne noise can lead to wide-scale damage, and expose personnel to the risk of injury.
Rubber expansion joints are flexible connectors fabricated of natural or synthetic oil-based elastomers with fabric reinforcement.
Some typical materials used in their construction include:Ethylene propylene diene monomer (EPDM)NeopreneChlorobutylHypalonThese materials usually combine with polyester or nylon and wire reinforcing.
