[Market Report] Global Pump Market
The global pump market is making great strides, with strong growth and innovation expected.
The global pump market is rapidly growing as a driving force for various industries, generating significant revenue of 47.9 billion USD in 2022. Industry experts predict that this market will achieve an impressive valuation of 72.4 billion USD by 2031. This anticipated progress signifies a stable compound annual growth rate (CAGR) of 4.7% during the forecast period from 2023 to 2031. Pumps are the unsung heroes supporting numerous critical processes, powering a wide range of industries from water supply and energy production to manufacturing and infrastructure development. As the backbone of fluid movement, pumps play a crucial role in ensuring efficient operations and maintaining the flow of vital resources. For application methods, please check the [PDF download] button or apply directly through the related links.
- Company:Panorama Data Insights Ltd.
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