Global Electric Driven Drum Pump market cagr 15.9%

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Electric Driven Drum Pump Market

Electric Driven Drum Pump Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Electric Driven Drum Pump Market Size and Growth

The Electric Driven Drum Pump market is experiencing significant growth, driven by increasing industrial automation and demand for efficient fluid transfer solutions. The global market size is projected to reach USD 1.2 billion by 2027, with a robust CAGR of 5% due to advancements in technology and expanding applications across various sectors.

Companies Covered

(Covid 19 Impact Covered)

◍ Lutz Pompen

◍ ARO

◍ Flux

◍ KIJEKA

◍ New Pig

◍ Xylem

◍ Fluimac

◍ Koshin

◍ Serfilco

◍ Finish Thompson

◍ NZ Pump

◍ Ambica Machine

◍ ATM

◍ JiangSu Orient

◍ TNT

◍ Fengyuan

◍ China Success

◍ Shanghai Yangguang

The Electric Driven Drum Pump Market features companies like Lutz Pompen, ARO, Flux, and Xylem, focusing on innovative pumping solutions and expanded service offerings. These firms enhance market growth through technological advancements, diverse applications, and strategic partnerships. Sales revenues include:

- Xylem: Approximately $5 billion

- ARO: About $400 million

- Flux: Approximately €100 million.

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Market Segmentation

By Application

Petroleum Industry

Chemical Industry

Other

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By Product

Gear pump

Screw pump

Vane pump

Market Growth

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$ X Billion USD

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