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​Pumps and Valves Services Market in APAC Will Reach At CAGR Of 7.17% Between 2017-2021

Press Release   •   Nov 06, 2017 04:09 EST

"The Latest Research Report Pumps and Valves Services Market in APAC 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Pumps are mechanical devices that transfer fluids from a source to a delivery point. 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.

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.

Technavios analysts forecast the pumps and valves services market in APAC to grow at a CAGR of 7.17% during the period 2017-2021 .

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Covered in this report

The report covers the present scenario and the growth prospects of the 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.

The market is divided into the following segments based on geography:

Australia

China

India

Indonesia

Japan

Malaysia

Singapore

South Korea

Thailand

Technavio's report, 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. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Flowserve

GE

KSB

Weir

Other prominent vendors

Alfa Laval

Eaton

Gates

Grundfos

LEWA

New Super Hydraulic Pumps

Sulzer

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Market driver

Benefits of outsourcing services over in-house pumps and valves maintenance services

For a full, detailed list, view our report

Market challenge

Emergence of in-house services in SME

For a full, detailed list, view our report

Market trend

Emergence of spares parts and services businesses for pumps and valves

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

Market outline

PART 05: MARKET LANDSCAPE

Market overview

Market size and forecast

Five forces analysis

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PART 06: MARKET SEGMENTATION BY END-USERS

Market overview

Pumps services market in APAC

Valves services market in APAC

PART 07: MARKET SEGMENTATION BY END-USER

Market overview

Pumps and valves services market in APAC in oil and gas industry

Pumps and valves services market in APAC in water and wastewater industry

Pumps and valves services market in APAC in chemical and petrochemical industry

Pumps and valves services market in APAC in power industry

Pumps and valves services market in APAC in others

PART 08: REGIONAL LANDSCAPE

Geographical segmentation

Regional comparison

China Market size and forecast

India Market size and forecast

Indonesia Market size and forecast

Malaysia Market size and forecast

Thailand Market size and forecast

Others Market size and forecast

Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 11: MARKET TRENDS

Emergence of spares parts and services businesses for pumps and valves

Focus on establishing longer service contracts for pumps and valves

Evolution of pumps and valves diagnostics

PART 12: VENDOR LANDSCAPE

Competitive landscape

Other prominent vendors

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