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Global Lobe Pumps Market: DynamicsIncorporation of advanced technologies such as Industry 4.0 and Internet of Things (IoT) are rapidly covering grounds in the industrial automation at a rapid pace. This factor is expected to drive the demand for lobe pumps market in the forecast year.
Department of Energy, appeal The Energy Policy and Conservation Act of 1975 (EPCA), which compels lobe pumps manufacturers to comply with energy efficiency standards for industrial equipment. Furthermore, regardless of increasing adoption of lobe pumps in various sector such as pharmaceutical, oil and gas, chemical, among other, factors such as low efficiency and low volume degree of lobe pumps is restricting its adoption.
However, the lobe pumps design is undergoing renovate in all aspects such as the design of the lobes and material used for their construction and installation and the type of drives used in the lobes. The new lobe pumps with belt drive system reduce the shear stress on the system and reduce the wear and tear of the lobes. Therefore, the belt drive system provides a constant speed drive, reduce the maintenance costs, and increase the overall efficiency of the pump.
Global Lobe Pumps Market: Regional OutlookIn the global lobe pumps market, Asia Pacific is expected to dominate the market in the region segment. As the process industries such as food and beverage, oil and gas, and pharmaceuticals are witnessing high growth, which will subsequently uplift the demand for pumps in this region. Owing to the rising investment in pharmaceutical industry and in ASEAN countries such as Vietnam will drive the deployment of new lobe pumps.
North America and Europe witnessing healthy growth in the deployment of lobe pumps, driven by food and beverages industries in these regions. Moreover, manufacturers of North America and Europe registering strong growth through introducing new production facilities in developing economies such as Brazil, India and Indonesia.
Lobe pumps are anticipated to witness higher adoption in Latin America and Asia. Whereas, Middle East & Africa will have a lower growth adoption owing to lower investment in industries such as medical, food and beverages, and cosmetic.
Global Lobe Pumps Market: Market ParticipantsManufacturers of lobe pumps are focusing on upgrading parts, the traditional design, and the drive system with new technologies. ITT Inc. introduced i-ALERT compatible Bluetooth Smart Pressure Sensor, using the Industrial Internet of things (IIoT) technology to provide a monitoring solution for industrial pump applications
Some of the key players involved in the Lobe Pumps market include –
- Boyser pumps
- GEA Group AG
- Wright Flow Technologies
- SPX Flow
- ALFA LAVAL
- Borger GmbH
- Megator
- LobePro
- NETZSCH Pumps & Systems
- Johnson Pump
- Xylem Inc.
- Verder India Pumps PVT. LTD.
- Vogelsang India Private Limited
- Viking Pump of Canada Inc., among others.
The research report presents a comprehensive assessment of the lobe pumps market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to lobe pumps market segments such as product type, capacity, and application.
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The report covers exhaustive analysis on:
- Lobe Pumps Market Segments
- Lobe Pumps Market Dynamics
- Lobe Pumps Market Size
- Lobe Pumps Volume Sales
- Lobe Pumps Adoption Rate
- Lobe Pumps Current Trends/Issues/Challenges
- Lobe Pumps Competition & Companies involved
- Lobe Pumps Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, Italy, France, U.K, Spain, Russia)
- South Asia (India, ASEAN)
- East Asia (China, Japan, South Korea)
- Oceania (Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on Lobe Pumps market segments and geographies.
Globally, the lobe pumps market can be segmented on the basis of product type, capacity, and application
Based on the Product Type, the global lobe pumps market can be segmented into,
- Single-lobe
- Bi-wing-lobe
- Tri-lobe
- Multi-lobe
Based on the Capacity, the global lobe pumps market can be segmented into,
- Upto 500 gpm
- 500-1000 gpm
- More than 1000 gpm
Based on the Application, the global lobe pumps market can be segmented into,
- Pharmaceutical industry
- Oil and Gas Industry
- Chemical Industry
- Cosmetics and personal care Industry
- Medicine and Bio processing Industry
- Food, beverage and dairy industries
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint