Pumps are mechanical devices that transfer fluids from a source to a delivery point.
Pumps and Valves Services Market In APAC to grow at a CAGR of 7.17% during the period 2017-2021.
They are required in almost all the sectors owing to the liquid fuel, water, oil, and slurry handling involved across industries. A valve is a device that controls the unidirectional flow of fluid through pipes and ducts.
It is responsible for preventing the fluid from moving in an opposite direction.
Pumps and Valves Services Market is divided into the following segments based on geography:
Australia, China, India, Indonesia, Japan, Malaysia, Singapore, South Korea and Thailand.
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Valves are responsible for maintaining the flow of fluid through any pipe or duct and can be used to start, stop, or throttle the flow of liquid. The main aim of valves is to ensure safety and increase the efficiency of a process.
The demand for pumps and valves is mainly driven by the oil and gas industry, as the core of the business involves handling oil/oil products, which raises a high demand for these products throughout the plant to transport fluid and maintain safety.
pumps and valves services market in APAC for 2017-2021. To calculate the market size, the report considers the new installations, retrofit, replacements, commissioning and decommissioning as well as maintenance services.This report covers the present scenario and the growth prospects.
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Pumps and Valves Services Market in APAC 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.
Pumps and Valves Services Market report also includes a discussion of the key vendors operating in this market.
Key vendors are Flowserve, GE, KSB and Weir.
Other prominent vendors are Alfa Laval, Eaton, Gates, Grundfos, LEWA, New Super Hydraulic Pumps and Sulzer.
Market driver are Benefits of outsourcing services over in-house pumps and valves maintenance services.
Market challenge are Emergence of in-house services in SME.
Market trend are Emergence of spares parts and services businesses for pumps and valves.
List of Pumps and Valves Services Market Exhibits are:
Exhibit 01: Application of pumps and valves
Exhibit 02: Pumps and valves services market segmentation in APAC
Exhibit 03: Pumps and valves services market in APAC 2016-2021 ($ millions)
Exhibit 04: Comparative analysis of pumps and valves services in terms of in-house services and outsourced services
Exhibit 05: Five forces analysis
Exhibit 06: Pumps and valves services market in APAC by type 2016 (% share)
Exhibit 07: Pumps and valves services market in APAC by type 2021 % (share)
Exhibit 08: Comparative study of both type of segments with the concerned market ($ millions)
Exhibit 09: Pumps services market in APAC 2016-2021 ($ millions)
Exhibit 10: Valves services market in APAC 2016-2021 ($ millions) Continued…
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