Global Screw Pumps Market is projected to reach USD 4.6 billion by 2023 | Techsci Research
Global screw pumps market stood at $ 3 billion in 2017 and is projected to reach $ 4.6 billion by 2023. Anticipated increase in screw pump sales can be attributed to robust growth in water treatment industry and rising oil & gas exploration activities.
Global screw pumps market stood at $ 3 billion in 2017 and is projected to reach $ 4.6 billion by 2023. Anticipated increase in screw pump sales can be attributed to robust growth in water treatment industry and rising oil & gas exploration activities.
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R e s e a r c h M e t h o d o l o g y<br />
Baseline Methodology<br />
Our dedicated team of industry experts has moni<strong>to</strong>red and analyzed various aspects of global screw pumps market. The team<br />
has analyzed the outlook of various segments of th<strong>is</strong> market, while considering the major influencing fac<strong>to</strong>rs, such as growing<br />
awareness about wastewater treatment, r<strong>is</strong>ing infrastructure activities and increasing consumer preferences <strong>to</strong>wards packaged<br />
food, etc. The study includes market forecasting, which would enable our clients <strong>to</strong> take better dec<strong>is</strong>ions while planning their<br />
strategy <strong>to</strong> achieve sustainability in global <strong>Screw</strong> <strong>Pumps</strong> market.<br />
Methodology Followed for Calculation of <strong>Market</strong> Size:<br />
<strong>Market</strong> Size <strong>by</strong> Value: <strong>Market</strong> size, in terms of value, for the year 2017 was calculated based on information collected<br />
through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as screw<br />
pumps manufacturers, importers, suppliers, d<strong>is</strong>tribu<strong>to</strong>rs and industry experts.<br />
The team interviewed more than 50 manufacturers/suppliers/importers, 50 d<strong>is</strong>tribu<strong>to</strong>rs/retailers and 15 industry experts in<br />
global screw pumps market <strong>to</strong> estimate the overall market size during 2013-2017. Taking standard deviation in<strong>to</strong><br />
consideration, the market size was averaged out, <strong>to</strong> arrive at the market size data for 2013-2017.<br />
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