Top 10 Pumps and Motors Market by Segment, Industry
Verticals, Geography and Vendors 2018
The report "Top 10 Pumps and Motors Market Pumps (Intelligent Pump, High Pressure
Pump, Cryogenic Pump, Diaphragm Pump, Submersible Pump), Motors (Gear Motor,
Permanent Magnet Synchronous, Motor Control Center, Motor Soft Starter, & AC Drives) -
Global Forecast to 2021", The Top 10 pumps and motors market is expected to grow from an
estimated USD 71.01 Billion in 2016 to USD 100.66 Billion by 2021. Factors such as upgradation
of old power infrastructure, increased investments in renewable energy, increasing
industrialization, and growing urban population are driving the market globally.
Browse 85 market data tables and 68 figures spread through 246 pages and in-depth TOC
on “Top 10 Pumps and Motors Market Pumps (Intelligent Pump, High Pressure Pump,
Cryogenic Pump, Diaphragm Pump, Submersible Pump), Motors (Gear Motor, Permanent
Magnet Synchronous, Motor Control Center, Motor Soft Starter, & AC Drives) - Global
Forecast to 2021"
https://www.marketsandmarkets.com/Market-Reports/top-10-pumps-motors-market-
135092924.html
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Intelligent pump is the largest segment of the pumps market
In terms of market, the intelligent pumps segment held the largest market size in 2015. Factors
such as increasing industrialization, increasing usage of renewable sources such as wind and solar
energy for power generation, focus on energy efficiency is positively influencing the growth of
the intelligent pumps market.
Permanent magnet synchronous motors segment is the largest in the motors market
In terms of market the permanent magnet synchronous motors segment held the largest market
size in 2015. Factors such as power plant modernization and refurbishment, increasing demand
for energy-efficient motors, increasing use of low-cost ferrite permanent magnets, increased
demand from the industrial sector would spur the growth of the market for the permanent
magnet synchronous motors.