The global oil & gas pumps market is estimated at USD 6,900 Million in 2022 and is forecast to surpass USD 10,800 Million by 2032, growing at a CAGR of 4.9% during 2022-2032.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Oil and Gas Pumps, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
The latest market research report analyzes Oil and Gas Pumps Market demand by Different segments. Providing business leaders with insights On Oil and Gas Pumps And how they can increase their market share.
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Global Oil & gas pumps Market by Category
- By Product Type :
- Centrifugal Pumps
- Single Stage
- Multi-Stage
- Axial and Mixed
- Submersible
- Seal less and Circular
- Reciprocating Pumps
- Piston
- Plunger
- Diaphragm
- Rotary Pumps
- Gear
- Vane
- Screw
- Lobe
- Progressive Cavity Pumps
- Piston
- Peristaltic
- Centrifugal Pumps
- By Capacity :
- Small (Up to 500 gpm)
- Medium (500-1,000 gpm)
- High (More than 1,000 gpm)
- By Pump Characteristics :
- Engineered Pumps
- Standard Pumps
- Special Purpose Pumps
- By Deployment Type :
- Onshore
- Offshore
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Competitive Landscape: Top Companies in Oil & Gas Pumps Market
The global oil & gas pumps market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced oil & gas pumps.
Fact.MR has provided detailed information about price points of top manufacturers of oil & gas pumps market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- Alfa Laval in 2020, won a supply contract to supply Framo pumping systems for two Floating Production Storage and Offloading (FPSO) vessels which comprises marine pumping systems for seawater and firewater lift service, operating outside the coast of Brazil
- Weir Oil & Gas Dubai won a 3-year contract in 2020, from a national oil company in the UAE to repair and service motor and pumps.
