Global End Suction Pumps Market, Type By Company and By Geography, and Forecast 2025
Global End Suction Pumps Market is projected to witness growth at robust CAGR during 2018-2023. The major factors contributing in the growth of the market are rapid industrialization, increasing urbanization, rise in water & wastewater treatment service tariffs and growing agricultural and residential sectors. Based on type, the market has been categorised into Frame Mounted End Suction Pump and Close Coupled End Suction Pump. The Frame Mounted End Suction Pump is projected to dominate the market over the next five years owing to its various properties like improved efficiency, reduced noise, vibration & harshness and prolonged seal & lower life cycle costs. The market is highly fragmented in Asia-Pacific region, with many players in unorganized segment currently dominating the market. Moreover, strong volume sales of agricultural water pumps, offered by domestic manufacturers at lower price, are the key factors behind the flourishing unorganized market. Years c...