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 />
Methodology Followed for Forecasting:<br />
TechSci <strong>Research</strong> performed periodical checks on data collected through the surveys with logic checks and analyzed the<br />
survey results in SPSS/Tableau Software.<br />
Data triangulation techniques were applied <strong>to</strong> fill the gaps and <strong>to</strong> present a more meaningful picture of the market. To<br />
forecast global screw pumps market, TechSci <strong>Research</strong> used various forecast techniques such as:<br />
o<br />
o<br />
o<br />
Moving Average<br />
Time Series Analys<strong>is</strong><br />
Econometric and Judgmental Analys<strong>is</strong><br />
TechSci <strong>Research</strong> used its own forecast <strong>to</strong>ol, which <strong>is</strong> based on the growth of various allied industries in respective regions.<br />
TechSci <strong>Research</strong> also used the impact analys<strong>is</strong> during short, medium and long term period <strong>to</strong> estimate the demand and <strong>to</strong><br />
<strong>reach</strong> accurate market numbers.<br />
Secondary Sources<br />
Company Annual Reports, Industry Magazines, Industry Reports, News Dailies, Credible Paid<br />
Databases, Proprietary Database, International Trade Centre, National Bureau of Stat<strong>is</strong>tics,<br />
etc.<br />
© TechSci <strong>Research</strong><br />
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