South America Mechanical Pump Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Stage (Single Stage and Multi Stage), Type (Positive Displacement and Centrifugal Pumps), and Application (Industrial, Commercial, and Residential)
Market Introduction
Brazil, Argentina, and Chile are among the major contributors to the South American economy. Compared to the Caribbean and other eastern countries in the region, the western countries are more advanced. As a result, the western part of South America experiences more innovations and advancements, especially in automation technologies. The automotive manufacturing sector in South America is witnessing growth owing to the presence of many OEMs and automakers in the region. Brazil has a growing economy as well as a potentially large domestic market, with low vehicle ownership. Moreover, the flourishing automotive production is supporting the growth of the mechanical pump market in the region. South America has the presence of major automakers, including General Motors, Volkswagen, Hyundai, Ford, Toyota, Peugeot, and Renault. The national regulatory bodies of various countries in the region have realized the importance of the automotive sector and are taking initiatives for the development of the same. For instance, the Brazilian government has formulated favorable trade investment policies to encourage private investments in the sector. The government has also made provisions to give investors exemption from customs duties and other taxes on the purchase of certain infrastructure and capital goods.
In South America, Brazil has witnessed the highest number of COVID-19 cases, followed by Ecuador, Peru, Chile, and Argentina. The governments in SAM countries are imposing travel restrictions, lockdowns, and trade bans to contain the infection spread. The SARS-CoV-2 pandemic has severely affected the mechanical pump market growth in this region. However, recent relaxations in lockdown and the arrangement of large-scale vaccination drives would help the economies bounce back, allowing industries to regain their operations in the next few quarters of 2021.
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Market Overview and Dynamics
The mechanical pump market in South America is expected to grow from US$ 1,589.96 million in 2021 to US$ 2,341.98 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028. Rise in construction sector; construction sector is witnessing significant traction in several developing countries with growing investments in commercial as well as infrastructural and institutional development projects, such as bus stations, airports, railway stations, and educational institutions. The growth of this sector is majorly ascribed to the increasing urban population, backed by a rise in the standard of living. Also, the rise in commercial construction such as recreational centers, cinema halls, shopping malls, hospitals, sporting arenas, and office buildings is further propelling the proliferation of this sector. Emerging economies are taking various initiatives to boost industrialization by creating favorable business environments for international investors, alongside extending support for local manufacturing growth. Furthermore, several foreign players are relocating their manufacturing operations to developing countries to reap the benefits of low labor cost, which is further projected to propel industrial construction. Thus, with the steady rise in construction activities, the South America mechanical pump market is expected to grow further during the forecast period.
Key Market Segments
Based on stage, the mechanical pump market is segmented into single-stage and multistage. In 2020, the single-stage segment held the largest share South America mechanical pump market. Based on type, the mechanical pump market is categorized into positive displacement and centrifugal pumps. In 2020, the centrifugal pumps segment held the largest share South America mechanical pump market. Based on application, the mechanical pump market is segmented into residential, commercial, and industrial. In 2020, the industrial segment held the largest share South America mechanical pump market.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the mechanical pump market in South America are company websites, annual reports, financial reports, national government documents, and statistical databases, among others. Major companies listed in the report are EBARA CORPORATION; Grundfos Holding A/S; KSB SE & Co. KGaA; PLEUGER INDUSTRIES; Sulzer Ltd; The Weir Group PLC; and Xylem Inc.; among others.
Reasons to buy report
- To understand the South America mechanical pump market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for South America mechanical pump market
- Efficiently plan M&A and partnership deals in South America mechanical pump market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from a perceptive and comprehensive analysis of the market performance of various segments from South America mechanical pump market
- Obtain market revenue forecast for market by various segments from 2021-2028 in the South America region.
SOUTH AMERICA MECHANICAL PUMP MARKET SEGMENTATION
By Stage
- Single Stage
- Multi Stage
By Type
- Positive Displacement
- Centrifugal Pumps
By Application
- Residential
- Commercial
- Industrial
By Country
- Brazil
- Argentina
- Rest of South America
Company Profiles
- EBARA CORPORATION
- Grundfos Holding A/S
- KSB SE & Co. KGaA
- PLEUGER INDUSTRIES
- Sulzer Ltd
- The Weir Group PLC
- Xylem Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Mechanical Pump Market – By Stage
1.3.2 SAM Mechanical Pump Market – By Type
1.3.3 SAM Mechanical Pump Market – By Application
1.3.4 SAM Mechanical Pump Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Mechanical Pump Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. SAM Mechanical Pump Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Mining Activities
5.1.2 Growing Energy Demands
5.2 Market Restraints
5.2.1 Cavitation in Pumps
5.3 Market Opportunities
5.3.1 Rise in Construction Sector
5.4 Future Trends
5.4.1 Adoption of Modern Farming Practices
5.5 Impact Analysis of Drivers and Restraints
6. Mechanical Pump Market – SAM Analysis
6.1 Mechanical Pump Market SAM Overview
6.2 SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
7. SAM Mechanical Pump Market Analysis – By Stage
7.1 Overview
7.2 SAM Mechanical Pump Market, By Stage (2020 and 2028)
7.3 Single Stage
7.3.1 Overview
7.3.2 Single Stage: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Multi Stage
7.4.1 Overview
7.4.2 Multi Stage: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Mechanical Pump Market Analysis – By Type
8.1 Overview
8.2 SAM Mechanical Pump Market, By Type (2020 and 2028)
8.3 Positive Displacement
8.3.1 Overview
8.3.2 Positive Displacement: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Centrifugal Pumps
8.4.1 Overview
8.4.2 Centrifugal Pumps: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Mechanical Pump Market Analysis – By Application
9.1 Overview
9.2 SAM Mechanical Pump Market Breakdown, by Application, 2020 & 2028
9.3 Industrial
9.3.1 Overview
9.3.2 Industrial: SAM Mechanical Pump Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial
9.4.1 Overview
9.4.2 Commercial: SAM Mechanical Pump Market Revenue and Forecast to 2028 (US$ Million)
9.5 Residential
9.5.1 Overview
9.5.2 Residential: SAM Mechanical Pump Market Revenue and Forecast to 2028 (US$ Million)
10. SAM Mechanical Pump Market – Country Analysis
10.1 SAM: Mechanical Pump Market
10.1.1 SAM: Mechanical Pump Market, by Key Country
10.1.1.1 Brazil: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Brazil: Mechanical Pump Market, by Stage
10.1.1.1.2 Brazil: Mechanical Pump Market, by Type
10.1.1.1.3 Brazil: Mechanical Pump Market, by Application
10.1.1.2 Argentina: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Argentina: Mechanical Pump Market, by Stage
10.1.1.2.2 Argentina: Mechanical Pump Market, by Type
10.1.1.2.3 Argentina: Mechanical Pump Market, by Application
10.1.1.3 Rest of SAM: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of SAM: Mechanical Pump Market, by Stage
10.1.1.3.2 Rest of SAM: Mechanical Pump Market, by Type
10.1.1.3.3 Rest of SAM: Mechanical Pump Market, by Application
11. Impact of COVID-19 Pandemic on SAM Mechanical Pump Market
11.1 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 EBARA CORPORATION
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Grundfos Holding A/S
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 KSB
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 PLEUGER INDUSTRIES
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Sulzer Ltd
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 The Weir Group PLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Xylem Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. SAM Mechanical Pump Market, by Country – Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of SAM: Mechanical Pump Market, by Stage – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Mechanical Pump Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of SAM: Mechanical Pump Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. SAM Mechanical Pump Market Segmentation
Figure 2. SAM Mechanical Pump Market Segmentation – By Country
Figure 3. SAM Mechanical Pump Market Overview
Figure 4. Single Stage Segment Held the Largest Market Share Based on Stage
Figure 5. Centrifugal Pumps Segment Held the Largest Market Share Based on Type
Figure 6. Industrial Segment Held the Largest Market Share Based on Application
Figure 7. Brazil to Show Great Traction During Forecast Period
Figure 8. South America – Pest Analysis
Figure 9. Expert Opinion
Figure 10. SAM Mechanical Pump Market: Impact Analysis of Drivers and Restraints
Figure 11. SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Mechanical Pump Market Revenue Share, by Stage (2020 and 2028)
Figure 13. Single Stage: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Multi Stage: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Mechanical Pump Market Revenue Share, by Type (2020 and 2028)
Figure 16. Positive Displacement: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Centrifugal Pumps: SAM Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Mechanical Pump Market Breakdown, by Application (2020 and 2028)
Figure 19. Industrial: SAM Mechanical Pump Market Revenue and Forecast to 2028(US$ Million)
Figure 20. Commercial: SAM Mechanical Pump Market Revenue and Forecast to 2028(US$ Million)
Figure 21. Residential: SAM Mechanical Pump Market Revenue and Forecast to 2028(US$ Million)
Figure 22. SAM: Mechanical Pump Market – Revenue by Country to 2028 (US$ Million)
Figure 23. SAM: Mechanical Pump Market Revenue Share, by Key Country (2020 and 2028)
Figure 24. Brazil: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Argentina: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of SAM: Mechanical Pump Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Impact of COVID-19 Pandemic in South America Country Markets
- EBARA CORPORATION
- Grundfos Holding A/S
- KSB SE & Co. KGaA
- PLEUGER INDUSTRIES
- Sulzer Ltd
- The Weir Group PLC
- Xylem Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America Mechanical Pump Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America Mechanical Pump Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the Mechanical Pump Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution