Dublin, April 20, 2022 (GLOBE NEWSWIRE) -- The "Turkey Pump Market - Industry Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
Turkey pump market size to grow at a CAGR of 6.52% during the forecast period.
The study considers a detailed scenario of the present Turkey pump market and its market dynamics for 2022-2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Favorable government policies to further boost the productivity of the oil & gas industry are among the major factors which are likely to fuel the demand for the pump market in Turkey.
Improvement in infrastructural development activities is also one of the main factors that are expected to boost the growth of the pump industry in the region. Industrialization and immense agricultural development have contributed to the creation in Turkey of a large sector of pumps.
The pump market in Turkey is expected to continue expanding the pump applications in various end-use industries such as oil & gas, mining, agriculture, domestic, manufacturing, and municipal water.
KEY HIGHLIGHTS
The growing construction industry is expected to drive the growth of pumps and pumping equipment manufacturing in Turkey. Turkey occupies a unique geographic position, lying mainly between Asia and Europe, so it gains importance in terms of investments from other countries.
The market is also driven by the high demand for water & wastewater treatment plants. Policymakers have implemented stringent wastewater management strategies and legislation, particularly for urban and industrial sectors regarding wastewater treatment. This is likely to increase the demand for water treatment plant pumps.
TURKEY PUMP MARKET SEGMENTATION
The demand for submersible pumps is strongly associated with the growth of infrastructure activities worldwide. Raising urbanization and growing investments in wastewater treatment affect the pump demand; thus, submersible pump companies in Turkey should keep these factors in mind for market growth. Electrical submersible pumps are in high demand with permanent magnet motors through reduced power consumption in the pump market in Turkey
The Turkey rotary pump market is driven by the increasing need for energy systems in industries that use new technologies. Further, to speed up the development of the rotary pump industry, new agriculture innovations are implemented to improve total catering productivity to meet the increasing demand for farm products
VENDOR LANDSCAPE
Key Vendors
- Alfa Laval
- Wilo
- Xylem
- The Weir Group
- Torishima
- Sulzer
- SPX FLOW
- KSB
- Kirloskar Brothers
- Franklin Electric
- Flowserve
- DESMI
- CIRCOR
- Baker Hughes
- Arian Pumps
- Masdaf
- Norm Hydrophore Pump
- Sempa
- Sumak Pumps
- Vesta Pump
- Vansan
- Samsun Makina Sanayi
- Sahinler Submersible Pump
- PUMPPORT
- Jetox Pumps
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of The Study
4.4 Market Segmentation
4.4.1 Market by Product
4.4.2 Market by End-User
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.1.1 Demand Insights
7.2 Economic Outlook
7.2.1 Macroeconomic Developments
7.2.2 Economic Targets
7.2.3 Targets of Exports Master Plan
7.2.4 Sectoral Breakdown of Foreign Investments
7.3 Growth in Mergers & Acquisitions
7.4 Demand for Efficient & Advanced Pump Technology
7.5 Replacement Demand
7.6 Impact of Covid-19
8 Market Opportunities & Trends
8.1 Growing Construction Industry
8.2 Demand for Energy-Efficient Pumps
8.3 High Demand for Water & Wastewater Treatment Plants
8.4 Growing Potential for Pump Exports
9 Market Growth Enablers
9.1 Depleting Groundwater Levels
9.2 Growing Agriculture Sector
9.3 Expansion in Infrastructure
10 Market Growth Restraints
10.1 Fluctuations in Raw Material Prices
10.2 International Competition
11 Market Landscape
11.1 Market Size & Forecast
11.2 Five Forces Analysis
12 Product
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
13 Centrifugal Pumps
13.1 Market Snapshot & Growth Engine
13.1.1 Market Overview
13.1.2 Market Size & Forecast
13.2 Single-Stage
13.3 multi-Stage
13.4 Submersible
13.5 Turbine
14 Reciprocating Pumps
14.1 Market Snapshot & Growth Engine
14.1.1 Market Overview
14.1.2 Market Size & Forecast
14.2 Piston
14.3 Diaphragm
15 Rotary Pumps
15.1 Market Snapshot & Growth Engine
15.1.1 Market Overview
15.1.2 Market Size & Forecast
15.2 Gear
15.3 Lobe
15.4 Peristaltic
15.5 Vane
16 End-User
16.1 Market Snapshot & Growth Engine
16.2 Market Overview
17 Industrial
17.1 Market Snapshot & Growth Engine
17.1.1 Market Overview
17.1.2 Market Size & Forecast
17.2 Oil & Gas
17.3 Water & Wastewater
17.4 Food & Beverage
17.5 Chemical
17.6 Power
17.7 Mining
17.8 Pharmaceutical
18 Agricultural
18.1 Market Overview
18.1.1 Market Size & Forecast
19 Commercial
19.1 Market Overview
19.1.1 Market Size & Forecast
20 Residential
20.1 Market Overview
20.1.1 Market Size & Forecast
21 Competitive Landscape
21.1 Competition Overview
For more information about this report visit https://www.researchandmarkets.com/r/wykwsq
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