Summary

The global market for progressing cavity pumps is poised for substantial growth, with a projected trajectory reaching USD 3.6 billion by the year 2029. This represents a noteworthy increase from the estimated value of USD 2.8 billion in 2024, reflecting a steady Compound Annual Growth Rate (CAGR) of 5.0% over the period spanning from 2024 to 2029. The global market for progressing cavity pumps is undergoing significant growth, driven by several key factors that are propelling its expansion on a worldwide scale. Primarily, the surge in industrialization and urban development in emerging economies, combined with ongoing infrastructure projects, is fueling demand for efficient fluid handling solutions across diverse sectors including oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining. Additionally, stringent environmental regulations and increased focus on workplace safety are compelling industries to invest in advanced pumping technologies like progressing cavity pumps, renowned for their superior performance, reliability, and environmental sustainability. Furthermore, technological advancements such as IoT-enabled monitoring systems, energy-efficient designs, and smart pumping solutions are further bolstering market growth by enhancing operational efficiency, reducing downtime, and minimizing energy consumption. Moreover, the expanding applications of progressing cavity pumps across various industries, coupled with their increasing adoption in emerging sectors such as renewable energy and pharmaceuticals, are opening up new avenues for market expansion. With a rising global demand for high-quality, efficient fluid handling equipment, the global progressing cavity pump market is poised for continued growth in the forthcoming years. “Up to 50 HP segment, by power rating, to be fastest growing market from 2024 to 2029.” The up to 50 HP segment, categorized by power rating, is poised to emerge as the fastest-growing market segment from 2024 to 2029 due to several key factors driving its accelerated expansion. Primarily, this segment caters to the needs of small to medium-sized operations across various industries, including manufacturing, agriculture, and small-scale processing facilities. The versatility and affordability of pumps within this power range make them highly attractive to a wide range of end-users, prompting increased adoption and driving market growth. Additionally, as industries continue to prioritize efficiency and cost-effectiveness in their operations, the demand for compact, lower horsepower pumps capable of handling a variety of fluids remains strong. Moreover, technological advancements such as energy-efficient designs and IoT-enabled monitoring systems are making pumps in this segment even more appealing by enhancing their performance, reliability, and operational efficiency. Furthermore, emerging trends such as the integration of smart technologies and automation further fuel the growth of this segment by streamlining processes and reducing maintenance requirements. With a growing emphasis on sustainable and eco-friendly solutions across industries, the up to 50 HP segment is expected to witness robust growth as businesses seek efficient fluid handling equipment that aligns with their environmental objectives and operational needs. “Water & Wastewater Treatment Segment, by end-use industry, to be the largest market from 2024 to 2029.” The Water & Wastewater Treatment segment, classified by end-use industry, is anticipated to emerge as the largest market segment from 2024 to 2029, driven by several key factors that underscore its dominance in the progressing cavity pump market. Firstly, amidst growing concerns about water scarcity and pollution, there is an escalating global focus on enhancing water treatment and sanitation infrastructure. This translates to increased investments in water and wastewater treatment facilities across various regions, thereby driving demand for efficient fluid handling solutions such as progressing cavity pumps. Furthermore, stringent regulatory standards pertaining to water quality and environmental protection further amplify the need for advanced pumping technologies in the water and wastewater treatment sector. Moreover, the expanding population, rapid urbanization, and industrialization contribute to the rising volumes of wastewater generated, necessitating comprehensive treatment processes to mitigate environmental impact. Progressing cavity pumps play a vital role in various stages of water treatment, including sludge handling, chemical dosing, and filtration, owing to their ability to efficiently handle viscous and abrasive fluids. “Asia Pacific to be largest and fastest growing region in progressing cavity pump market.” The Asia Pacific region is set to emerge as both the largest and fastest-growing region in the progressing cavity pump market, driven by a confluence of factors that underscore its prominence in the industry. Firstly, rapid industrialization and urbanization across countries like China, India, and Southeast Asian nations are fueling substantial demand for efficient fluid handling solutions across diverse sectors such as oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining. This robust industrial growth, coupled with ongoing infrastructure development projects, contributes significantly to the increasing adoption of progressing cavity pumps in the region. Moreover, stringent environmental regulations and a growing focus on workplace safety are compelling industries in the Asia Pacific to invest in advanced pumping technologies like progressing cavity pumps, which offer superior performance, reliability, and environmental sustainability. Additionally, technological advancements such as IoT-enabled monitoring systems, energy-efficient designs, and smart pumping solutions are further accelerating market growth by enhancing operational efficiency, reducing downtime, and minimizing energy consumption. Breakdown of Primaries: Important qualitative and quantitative data were gathered and verified, as well as future market prospects, through in-depth interviews with subject-matter experts, C-level executives of major market players, industry consultants, and other experts. The following is how the main interviews were dispersed: By Company Type: Tier 1-65%, Tier 2-24%, and Tier 3-11% By Designation: C-Level-30%, D-Level-25%, and Others-45% By Region: North America–27%, Europe–20%, Asia Pacific–33%, Middle East & Africa–12%, and South America–8% Note: “Others” include sales managers, engineers, and regional managers The tiers of the companies are defined based on their total revenue as of 2023: Tier 1: >USD 1 billion, Tier 2: USD 500 million–1 billion, and Tier 3:

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Table of Contents

1 INTRODUCTION 35
1.1 STUDY OBJECTIVES 35
1.2 MARKET DEFINITION 36
1.3 INCLUSIONS AND EXCLUSIONS 36
1.3.1 PROGRESSING CAVITY PUMP MARKET: INCLUSIONS AND EXCLUSIONS, BY POWER RATING 36
1.3.2 PROGRESSING CAVITY PUMP MARKET: INCLUSIONS AND EXCLUSIONS, BY PUMPING CAPACITY 36
1.3.3 PROGRESSING CAVITY PUMP MARKET: INCLUSIONS AND EXCLUSIONS, BY END USER 37
1.4 STUDY SCOPE 38
1.4.1 MARKETS COVERED 38
1.4.2 REGIONAL SCOPE 38
1.4.3 YEARS CONSIDERED 39
1.4.4 CURRENCY CONSIDERED 39
1.4.5 UNITS CONSIDERED 39
1.5 LIMITATIONS 39
1.6 STAKEHOLDERS 40
1.7 SUMMARY OF CHANGES 40
1.8 RECESSION IMPACT 41
2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
FIGURE 1 PROGRESSING CAVITY PUMP MARKET: RESEARCH DESIGN 42
2.1.1 SECONDARY DATA 43
2.1.1.1 List of major secondary sources 43
TABLE 1 LIST OF MAJOR SECONDARY SOURCES 43
2.1.1.2 Key data from secondary sources 43
2.1.2 PRIMARY DATA 44
2.1.2.1 Key data from primary sources 44
2.1.2.2 Breakdown of primaries 45
FIGURE 2 BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION 45
FIGURE 3 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR PROGRESSING CAVITY PUMPS 46
2.2 MARKET SIZE ESTIMATION 46
2.2.1 BOTTOM-UP APPROACH 46
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 46
2.2.2 TOP-DOWN APPROACH 47
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 47
2.2.3 DEMAND-SIDE ANALYSIS 48
2.2.3.1 Regional analysis 48
2.2.3.2 Country-level analysis 49
2.2.3.3 Demand-side assumptions 49
2.2.3.4 Demand-side calculations 49
2.2.4 SUPPLY-SIDE ANALYSIS 50
FIGURE 6 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF PROGRESSING CAVITY PUMPS 50
FIGURE 7 PROGRESSING CAVITY PUMP MARKET: SUPPLY-SIDE ANALYSIS 50
2.2.4.1 Supply-side calculations 51
2.2.4.2 Supply-side assumptions 51
2.3 FORECAST 51
2.4 RISK ASSESSMENT 51
2.5 RESEARCH LIMITATIONS 51
2.6 IMPACT OF RECESSION 52
2.7 MARKET BREAKDOWN AND DATA TRIANGULATION 53
FIGURE 8 DATA TRIANGULATION 53
3 EXECUTIVE SUMMARY 54
TABLE 2 PROGRESSING CAVITY PUMP MARKET SNAPSHOT 54
FIGURE 9 ASIA PACIFIC TO HOLD LARGEST SHARE OF PROGRESSING CAVITY PUMP MARKET IN 2023 55
FIGURE 10 UP TO 50 HP SEGMENT TO REGISTER HIGHEST CAGR IN PROGRESSING CAVITY PUMP MARKET DURING FORECAST PERIOD 56
FIGURE 11 WATER & WASTEWATER TREATMENT INDUSTRY SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PROGRESSING CAVITY PUMP MARKET IN 2029 56
FIGURE 12 UP TO 500 GPM SEGMENT TO HOLD LARGEST SHARE OF PROGRESSING CAVITY PUMP MARKET IN 2029 57
4 PREMIUM INSIGHTS 58
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PROGRESSING CAVITY PUMP MARKET 58
FIGURE 13 RISING DEMAND FOR CLEAN AND EFFICIENT POWER GENERATION TECHNOLOGIES TO DRIVE MARKET 58
4.2 PROGRESSING CAVITY PUMP MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY 59
FIGURE 14 WATER & WASTEWATER TREATMENT INDUSTRY SEGMENT AND CHINA HELD LARGEST SHARES OF PROGRESSING CAVITY PUMP MARKET IN ASIA PACIFIC IN 2023 59
4.3 PROGRESSING CAVITY PUMP MARKET, BY POWER RATING 59
FIGURE 15 UP TO 50 HP SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 59
4.4 PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY 60
FIGURE 16 UP TO 500 GPM SEGMENT TO DOMINATE MARKET IN 2029 60
4.5 PROGRESSING CAVITY PUMP MARKET, BY END USER 60
FIGURE 17 WATER & WASTEWATER TREATMENT INDUSTRY SEGMENT TO HOLD LARGEST MARKET SHARE IN 2029 60
 
4.6 PROGRESSING CAVITY PUMP MARKET, BY REGION 61
FIGURE 18 ASIA PACIFIC PROGRESSING CAVITY PUMP MARKET TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 61
5 MARKET OVERVIEW 62
5.1 INTRODUCTION 62
5.2 MARKET DYNAMICS 63
FIGURE 19 PROGRESSING CAVITY PUMP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 63
5.2.1 DRIVERS 63
5.2.1.1 Growing demand in water & wastewater treatment industry 63
TABLE 3 PROPORTION OF SAFELY TREATED DOMESTIC WASTEWATER FLOWS (%) 64
5.2.1.2 Rising investments in oil & gas exploration 65
FIGURE 20 GLOBAL OIL DEMAND, 2019–2028 (MB/D) 65
5.2.1.3 Advancements in material science and progressing cavity pump design 66
FIGURE 21 GLOBAL ELECTRICITY INVESTMENT AND SHARE OF DIGITAL GRID INFRASTRUCTURE, 2015–2023 (USD BILLION) 66
5.2.2 RESTRAINTS 67
5.2.2.1 High initial investment and shortage of skilled labor 67
5.2.2.2 Fluctuating raw material prices 67
5.2.3 OPPORTUNITIES 67
5.2.3.1 Growing adoption of Industry 4.0 technologies 67
5.2.3.2 Rise in investments in food & beverages industry 68
FIGURE 22 CAPITAL EXPENDITURE BY TOP 100 COMPANIES IN FOOD & BEVERAGES INDUSTRY, 2016–2021 (USD BILLION) 69
5.2.3.3 Rising demand for electric vehicles (EVs) 69
5.2.4 CHALLENGES 70
5.2.4.1 Preference for traditional centrifugal pumps over progressing cavity pumps in low-solid content wastewater applications 70
5.2.4.2 Counterfeiting and intellectual property concerns 70
5.3 PORTER’S FIVE FORCES ANALYSIS 71
FIGURE 23 PROGRESSING CAVITY PUMP MARKET: PORTER’S FIVE FORCES ANALYSIS 71
TABLE 4 PROGRESSING CAVITY PUMP MARKET: PORTER’S FIVE FORCES ANALYSIS 72
5.3.1 THREAT OF NEW ENTRANTS 72
5.3.2 BARGAINING POWER OF SUPPLIERS 72
5.3.3 BARGAINING POWER OF BUYERS 73
5.3.4 THREAT OF SUBSTITUTES 73
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 73
5.4 PRICING ANALYSIS 74
5.4.1 INDICATIVE PRICING ANALYSIS OF PROGRESSING CAVITY PUMPS, BY PUMPING CAPACITY 74
TABLE 5 INDICATIVE PRICING ANALYSIS OF PROGRESSING CAVITY PUMPS, BY PUMPING CAPACITY 74
5.4.2 AVERAGE SELLING PRICE (ASP) OF PROGRESSING CAVITY PUMPS, BY REGION 74
TABLE 6 AVERAGE SELLING PRICE (ASP) OF PROGRESSING CAVITY PUMPS, BY REGION, 2020–2029 (USD/UNIT) 74
FIGURE 24 AVERAGE SELLING PRICE (ASP) TREND OF PROGRESSING CAVITY PUMPS, BY REGION, 2020–2029 (USD/UNIT) 75
5.5 SUPPLY CHAIN ANALYSIS 75
FIGURE 25 PROGRESSING CAVITY PUMP MARKET: SUPPLY CHAIN ANALYSIS 75
5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS 76
5.5.2 COMPONENT MANUFACTURERS 76
5.5.3 PROGRESSING CAVITY PUMP ASSEMBLERS/MANUFACTURERS 76
5.5.4 DISTRIBUTORS 76
5.5.5 END USERS 76
5.6 ECOSYSTEM/MARKET MAP 77
FIGURE 26 PROGRESSING CAVITY PUMP MARKET: MARKET MAP 77
TABLE 7 ROLES OF COMPANIES IN PROGRESSING CAVITY PUMP ECOSYSTEM 77
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 78
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 79
5.8 TECHNOLOGY ANALYSIS 79
5.8.1 KEY TECHNOLOGY 79
5.8.1.1 Smart pump systems 79
5.8.2 COMPLEMENTARY TECHNOLOGY 80
5.8.2.1 Artificial intelligence (AI) and machine learning (ML) 80
5.9 PATENT ANALYSIS 81
FIGURE 28 PATENTS GRANTED AND APPLIED RELATED TO PROGRESSING CAVITY PUMPS, 2014–2023 81
TABLE 8 PROGRESSING CAVITY PUMP MARKET: PATENT ANALYSIS, FEBRUARY 2020– FEBRUARY 2024 82
5.10 TRADE ANALYSIS 85
5.10.1 TRADE ANALYSIS RELATED TO ENGINES AND MOTORS 85
5.10.1.1 Import scenario 85
TABLE 9 IMPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND) 86
FIGURE 29 IMPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY FIVE KEY COUNTRIES, 2020–2022 (USD THOUSAND) 87
5.10.1.2 Export scenario 87
TABLE 10 EXPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND) 87
FIGURE 30 EXPORT DATA FOR HS CODE 841360-COMPLIANT PRODUCTS, BY FIVE KEY COUNTRIES, 2020–2022 (USD THOUSAND) 88
5.11 CASE STUDY ANALYSIS 88
5.11.1 NETZSCH PARTNERED WITH DXP TO ADDRESS CHALLENGES ASSOCIATED WITH TRADITIONAL CENTRIFUGAL PUMPS OF OIL PRODUCER 88
5.11.1.1 Problem statement 88
5.11.1.2 Solution 89
5.11.2 ALL-PUMPS UTILIZED NEXUS HELICAL ROTOR PUMPS TO TREAT MINING WATER 89
5.11.2.1 Problem statement 89
5.11.2.2 Solution 89
5.11.3 IRISH DISTILLERY COLLABORATED WITH SEEPEX TO INCREASE PRODUCTIVITY OF WHISKEY BY 50% 90
5.11.3.1 Problem statement 90
5.11.3.2 Solution 90
5.12 INVESTMENT AND FUNDING SCENARIO 90
FIGURE 31 INVESTMENT AND FUNDING SCENARIO 90
5.13 TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE 91
5.13.1 TARIFF RELATED TO PROGRESSING CAVITY PUMPS 91
TABLE 11 IMPORT TARIFF FOR HS 841360-COMPLIANT ROTARY POSITIVE DISPLACEMENT PUMPS IN 2022 91
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 15 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 16 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
5.13.3 STANDARDS 94
TABLE 17 STANDARDS RELATED TO POSITIVE DISPLACEMENT ROTARY PUMPS 94
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 94
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 94
FIGURE 32 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS 94
TABLE 18 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS 95
5.14.2 BUYING CRITERIA 95
FIGURE 33 KEY BUYING CRITERIA FOR TOP THREE END USERS 95
TABLE 19 KEY BUYING CRITERIA FOR TOP THREE END USERS 95
5.15 KEY CONFERENCES AND EVENTS, 2024–2025 96
TABLE 20 PROGRESSING CAVITY PUMP MARKET: KEY CONFERENCES AND EVENTS, 2024–2025 96
6 PROGRESSING CAVITY PUMP MARKET, BY PRODUCT TYPE 97
6.1 INTRODUCTION 97
6.2 DOSING PUMPS 97
6.2.1 GROWING USE TO PRECISELY DELIVER FLUIDS ACROSS INDUSTRIES TO FUEL MARKET GROWTH 97
6.3 FLANGED PUMPS 98
6.3.1 VERSATILE APPLICATIONS IN MINING, CONSTRUCTION, AND CHEMICALS INDUSTRIES TO DRIVE MARKET 98
6.4 HOPPER PUMPS 98
6.4.1 ONGOING ADVANCEMENTS TO ENHANCE PERFORMANCE AND RELIABILITY TO DRIVE MARKET 98
6.5 FOOD GRADE (EHEDG/3A-CERTIFIED) PUMPS 99
6.5.1 GROWING USE IN INDUSTRIAL FOOD PROCESSING FOR ENSURING HYGIENIC EXCELLENCE TO DRIVE MARKET 99
6.6 FOOD GRADE (NON-CERTIFIED) PUMPS 99
6.6.1 SAFE CONTACT WITH FOOD AND COMPLIANCE WITH INDUSTRY REGULATIONS TO DRIVE DEMAND 99
6.7 VERTICAL PUMPS 100
6.7.1 ABILITY TO EFFICIENTLY HANDLE FLUIDS WITH HIGH VISCOSITY OR ENTRAINED SOLIDS AND CORROSIVE OR ABRASIVE LIQUIDS TO DRIVE DEMAND 100
7 PROGRESSING CAVITY PUMP MARKET, BY STAGE TYPE 101
7.1 INTRODUCTION 101
7.2 SINGLE-STAGE (90-PSI) PUMPS 101
7.2.1 GROWING USE OF SINGLE-STAGE PROGRESSING CAVITY PUMPS FOR LOW-PRESSURE FLUID TRANSFER TO DRIVE MARKET 101
7.3 DOUBLE-STAGE (180-PSI) PUMPS 102
7.3.1 RISING ADOPTION OF DOUBLE-STAGE PROGRESSING CAVITY PUMPS FOR MODERATE-PRESSURE FLUID TRANSFER IN VARIOUS INDUSTRIES TO DRIVE MARKET 102
7.4 FOUR-STAGE (360-PSI) PUMPS 102
7.4.1 INCREASING DEMAND FOR FOUR-STAGE PROGRESSING CAVITY PUMPS IN VARIOUS SECTORS AND INDUSTRIES FOR CONVEYING AND DOSING APPLICATIONS TO DRIVE MARKET 102
7.5 EIGHT-STAGE (720-PSI) PUMPS 103
7.5.1 UNPARALLELED PRESSURE CAPABILITIES AND HIGH RELIABILITY IN HIGH-PRESSURE FLUID TRANSFER APPLICATIONS TO DRIVE DEMAND 103
8 PROGRESSING CAVITY PUMP MARKET, BY POWER RATING 104
8.1 INTRODUCTION 105
FIGURE 34 PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2023 105
TABLE 21 PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 105
TABLE 22 PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 105
8.2 UP TO 50 HP 106
8.2.1 GROWING USE OF UP TO 50 HP PROGRESSING CAVITY PUMPS IN TOUGH PUMPING APPLICATIONS TO DRIVE MARKET 106
TABLE 23 UP TO 50 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 106
TABLE 24 UP TO 50 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 107
8.3 51–150 HP 107
8.3.1 RISING EMPHASIS ON EFFICIENCY, RELIABILITY, AND COST-EFFECTIVENESS IN INDUSTRIAL PROCESSES TO DRIVE DEMAND 107
TABLE 25 51–150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 108
TABLE 26 51–150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 108
8.4 ABOVE 150 HP 108
8.4.1 INCREASING DEPLOYMENT OF ABOVE 150 HP PROGRESSING CAVITY PUMPS IN UNCONVENTIONAL OIL & GAS WELLS TO DRIVE MARKET 108
TABLE 27 ABOVE 150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 109
TABLE 28 ABOVE 150 HP: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 109
9 PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY 110
9.1 INTRODUCTION 111
FIGURE 35 PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2023 111
TABLE 29 PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2020–2023 (USD MILLION) 111
TABLE 30 PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2024–2029 (USD MILLION) 111
9.2 UP TO 500 GPM 112
9.2.1 INCREASING DEMAND FOR WATER & WASTEWATER TREATMENT SOLUTIONS AND INDUSTRIALIZATION IN EMERGING ECONOMIES TO DRIVE DEMAND 112
TABLE 31 UP TO 500 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 112
TABLE 32 UP TO 500 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 112
9.3 501–1,000 GPM 113
9.3.1 VERSATILITY, IMPROVED EFFICIENCY, AND REDUCED MAINTENANCE REQUIREMENTS TO DRIVE DEMAND 113
TABLE 33 501–1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 113
TABLE 34 501–1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 113
9.4 ABOVE 1,000 GPM 114
9.4.1 INCREASING DEMAND FOR WATER AND ENERGY AND INFRASTRUCTURE DEVELOPMENT PROJECTS TO FUEL DEMAND 114
TABLE 35 ABOVE 1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 114
TABLE 36 ABOVE 1,000 GPM: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 114
 
10 PROGRESSING CAVITY PUMP MARKET, BY END USER 115
10.1 INTRODUCTION 116
FIGURE 36 PROGRESSING CAVITY PUMP MARKET, BY END USER, 2023 116
TABLE 37 PROGRESSING CAVITY PUMP MARKET, BY END USER, 2020–2023 (USD MILLION) 116
TABLE 38 PROGRESSING CAVITY PUMP MARKET, BY END USER, 2024–2029 (USD MILLION) 117
10.2 OIL & GAS INDUSTRY 117
10.2.1 INCREASING OIL & GAS EXPLORATION AND PRODUCTION ACTIVITIES, PARTICULARLY IN UNCONVENTIONAL RESERVES, TO DRIVE DEMAND 117
TABLE 39 OIL & GAS INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 118
TABLE 40 OIL & GAS INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 118
10.3 WATER & WASTEWATER TREATMENT INDUSTRY 118
10.3.1 IMPLEMENTATION OF STRINGENT ENVIRONMENTAL REGULATIONS MANDATING WASTEWATER TREATMENT AND DISCHARGE STANDARDS TO DRIVE DEMAND 118
TABLE 41 WATER & WASTEWATER TREATMENT INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 119
TABLE 42 WATER & WASTEWATER TREATMENT INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 119
10.4 FOOD & BEVERAGES INDUSTRY 120
10.4.1 INCREASING TREND OF AUTOMATION AND PROCESS OPTIMIZATION IN FOOD PROCESSING PLANTS TO FUEL ADOPTION 120
TABLE 43 FOOD & BEVERAGES INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 120
TABLE 44 FOOD & BEVERAGES INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 121
10.5 FOOD WASTE INDUSTRY 121
10.5.1 ABILITY TO EFFICIENTLY TRANSFER AND PROCESS ORGANIC WASTE MATERIALS TO FUEL DEMAND 121
TABLE 45 FOOD WASTE INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 122
TABLE 46 FOOD WASTE INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 122
10.6 BIOGAS PLANTS 123
10.6.1 INCREASING FOCUS ON RENEWABLE ENERGY SOURCES AND GOVERNMENT-LED INCENTIVES FOR BIOGAS PRODUCTION TO DRIVE DEMAND 123
TABLE 47 BIOGAS PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 123
TABLE 48 BIOGAS PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 124
 
10.7 BATTERY RECYCLING PLANTS 124
10.7.1 ENHANCEMENT OF EFFICIENCY AND EFFECTIVENESS OF BATTERY RECYCLING OPERATIONS TO DRIVE DEMAND 124
TABLE 49 BATTERY RECYCLING PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 125
TABLE 50 BATTERY RECYCLING PLANTS: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 125
10.8 CHEMICALS & PETROCHEMICALS INDUSTRY 126
10.8.1 GROWTH OF CHEMICAL MANUFACTURING, EXPANSION OF PETROCHEMICAL FACILITIES, AND INCREASING DEMAND FOR SPECIALTY CHEMICALS TO DRIVE DEMAND 126
TABLE 51 CHEMICALS & PETROCHEMICALS INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 126
TABLE 52 CHEMICALS & PETROCHEMICALS INDUSTRY: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 127
10.9 OTHERS 127
TABLE 53 OTHERS: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 128
TABLE 54 OTHERS: PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 128
11 PROGRESSING CAVITY PUMP MARKET, BY REGION 129
11.1 INTRODUCTION 130
FIGURE 37 ASIA PACIFIC PROGRESSING CAVITY PUMP MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 130
FIGURE 38 ASIA PACIFIC HELD LARGEST SHARE OF PROGRESSING CAVITY PUMP MARKET IN 2023 130
TABLE 55 PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (USD MILLION) 131
TABLE 56 PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (USD MILLION) 131
TABLE 57 PROGRESSING CAVITY PUMP MARKET, BY REGION, 2020–2023 (THOUSAND UNITS) 131
TABLE 58 PROGRESSING CAVITY PUMP MARKET, BY REGION, 2024–2029 (THOUSAND UNITS) 132
11.2 ASIA PACIFIC 132
11.2.1 IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN ASIA PACIFIC 132
FIGURE 39 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET SNAPSHOT 133
11.2.2 BY POWER RATING 134
TABLE 59 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 134
TABLE 60 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 134
11.2.3 BY PUMPING CAPACITY 134
TABLE 61 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2020–2023 (USD MILLION) 134
TABLE 62 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2024–2029 (USD MILLION) 135
11.2.4 BY END USER 135
TABLE 63 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2020–2023 (USD MILLION) 135
TABLE 64 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2024–2029 (USD MILLION) 136
11.2.5 BY COUNTRY 136
TABLE 65 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 136
TABLE 66 ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 137
11.2.5.1 China 137
11.2.5.1.1 Rapid industrialization, infrastructure development, and environmental sustainability initiatives to drive market 137
TABLE 67 CHINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 138
TABLE 68 CHINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 138
11.2.5.2 India 138
11.2.5.2.1 Increasing applications in oil & gas, water & wastewater treatment, food & beverages, and chemicals & petrochemicals industries to drive market 138
TABLE 69 INDIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 139
TABLE 70 INDIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 139
11.2.5.3 Australia 139
11.2.5.3.1 Ongoing industrial developments, infrastructure investments, and increasing demand for efficient fluid handling solutions to drive market 139
TABLE 71 AUSTRALIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 140
TABLE 72 AUSTRALIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 140
11.2.5.4 Japan 140
11.2.5.4.1 Efficiency, reliability, and sustainability features of progressing cavity pumps to drive demand 140
TABLE 73 JAPAN: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING , 2020–2023 (USD MILLION) 141
TABLE 74 JAPAN: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING , 2024–2029 (USD MILLION) 141
11.2.5.5 Rest of Asia Pacific 142
TABLE 75 REST OF ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 142
TABLE 76 REST OF ASIA PACIFIC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 142
 
11.3 NORTH AMERICA 143
11.3.1 IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN NORTH AMERICA 143
FIGURE 40 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET SNAPSHOT 144
11.3.2 BY POWER RATING 145
TABLE 77 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 145
TABLE 78 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 145
11.3.3 BY PUMPING CAPACITY 145
TABLE 79 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2020–2023 (USD MILLION) 145
TABLE 80 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2024–2029 (USD MILLION) 146
11.3.4 BY END USER 146
TABLE 81 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2020–2023 (USD MILLION) 146
TABLE 82 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2024–2029 (USD MILLION) 147
11.3.5 BY COUNTRY 147
TABLE 83 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 147
TABLE 84 NORTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 147
11.3.5.1 US 148
11.3.5.1.1 Increasing focus on sustainability and resource management to drive demand 148
TABLE 85 US: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 148
TABLE 86 US: PROGRESSING CAVITY PUMP MARKET SIZE, BY POWER RATING, 2024–2029 (USD MILLION) 149
11.3.5.2 Canada 149
11.3.5.2.1 Large presence of oil sands and shale gas reserves and increasing exploration activities to drive demand 149
TABLE 87 CANADA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 150
TABLE 88 CANADA: PROGRESSING CAVITY PUMP MARKET SIZE, BY POWER RATING, 2024–2029 (USD MILLION) 150
11.3.5.3 Mexico 150
11.3.5.3.1 Booming industrial sector and infrastructure development to drive demand 150
TABLE 89 MEXICO: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 151
TABLE 90 MEXICO: PROGRESSING CAVITY PUMP MARKET SIZE, BY POWER RATING, 2024–2029 (USD MILLION) 151
 
11.4 EUROPE 151
11.4.1 IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN EUROPE 152
11.4.2 BY POWER RATING 152
TABLE 91 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 152
TABLE 92 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 153
11.4.3 BY PUMPING CAPACITY 153
TABLE 93 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2020–2023 (USD MILLION) 153
TABLE 94 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2024–2029 (USD MILLION) 153
11.4.4 BY END USER 154
TABLE 95 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2020–2023 (USD MILLION) 154
TABLE 96 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2024–2029 (USD MILLION) 154
11.4.5 BY COUNTRY 155
TABLE 97 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 155
TABLE 98 EUROPE: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 155
11.4.5.1 UK 155
11.4.5.1.1 Rising offshore exploration and production activities to drive demand 155
TABLE 99 UK: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 156
TABLE 100 UK: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 156
11.4.5.2 France 157
11.4.5.2.1 Expanding industrial, manufacturing, renewable energy, and food processing sectors to drive market 157
TABLE 101 FRANCE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 157
TABLE 102 FRANCE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 157
11.4.5.3 Germany 158
11.4.5.3.1 Diverse industrial base, encompassing automotive, chemical, food processing, and renewable energy industries, to fuel demand 158
TABLE 103 GERMANY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 158
TABLE 104 GERMANY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 159
11.4.5.4 Russia 159
11.4.5.4.1 Industrial development plans and strategic initiatives related to renewable energy initiatives to drive market 159
TABLE 105 RUSSIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 159
TABLE 106 RUSSIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 160
11.4.5.5 Italy 160
11.4.5.5.1 Rising demand for reliable and efficient fluid-handling solutions to drive demand 160
TABLE 107 ITALY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 161
TABLE 108 ITALY: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 161
11.4.6 REST OF EUROPE 161
TABLE 109 REST OF EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 162
TABLE 110 REST OF EUROPE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 162
11.5 MIDDLE EAST & AFRICA 162
11.5.1 IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN MIDDLE EAST & AFRICA 163
11.5.2 BY POWER RATING 163
TABLE 111 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 163
TABLE 112 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 164
11.5.3 BY PUMPING CAPACITY 164
TABLE 113 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2020–2023 (USD MILLION) 164
TABLE 114 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2024–2029 (USD MILLION) 164
11.5.4 BY END USER 165
TABLE 115 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2020–2023 (USD MILLION) 165
TABLE 116 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2024–2029 (USD MILLION) 165
11.5.5 BY COUNTRY 166
TABLE 117 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 166
TABLE 118 MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 166
TABLE 119 GCC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 166
TABLE 120 GCC: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 167
11.5.5.1 GCC 167
TABLE 121 GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 167
TABLE 122 GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 167
11.5.5.1.1 Saudi Arabia 168
11.5.5.1.1.1 Increased industrial activities, ambitious infrastructure projects, and growing emphasis on sustainability to drive market 168
TABLE 123 SAUDI ARABIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 168
TABLE 124 SAUDI ARABIA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 169
11.5.5.1.2 UAE 169
11.5.5.1.2.1 Robust demand across key industries such as oil & gas, construction, and logistics to drive market 169
TABLE 125 UAE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 169
TABLE 126 UAE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 170
11.5.5.1.3 Rest of GCC 170
TABLE 127 REST OF GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 170
TABLE 128 REST OF GCC: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 171
11.5.5.2 South Africa 171
11.5.5.2.1 Rising exploration and production activities in oil & gas industry to create growth opportunities for market players 171
TABLE 129 SOUTH AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 171
TABLE 130 SOUTH AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 172
11.5.5.3 Rest of Middle East & Africa 172
TABLE 131 REST OF MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 173
TABLE 132 REST OF MIDDLE EAST & AFRICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 173
11.6 SOUTH AMERICA 173
11.6.1 IMPACT OF RECESSION ON PROGRESSING CAVITY PUMP MARKET IN SOUTH AMERICA 174
11.6.2 BY POWER RATING 174
TABLE 133 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 174
TABLE 134 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 175
11.6.3 BY PUMPING CAPACITY 175
TABLE 135 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2020–2023 (USD MILLION) 175
TABLE 136 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY PUMPING CAPACITY, 2024–2029 (USD MILLION) 175
11.6.4 BY END USER 176
TABLE 137 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2020–2023 (USD MILLION) 176
TABLE 138 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY END USER, 2024–2029 (USD MILLION) 176
11.6.5 BY COUNTRY 177
TABLE 139 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 177
TABLE 140 SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 177
11.6.5.1 Brazil 177
11.6.5.1.1 Presence of vast offshore oil reserves and expanding renewable energy industry to drive demand 177
TABLE 141 BRAZIL: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 178
TABLE 142 BRAZIL: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 178
11.6.5.2 Argentina 178
11.6.5.2.1 Presence of extensive unconventional hydrocarbon reserves to drive demand 178
TABLE 143 ARGENTINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 179
TABLE 144 ARGENTINA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 179
11.6.5.3 Chile 179
11.6.5.3.1 High demand in mining, agriculture, and renewable energy industries to drive market 179
TABLE 145 CHILE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 180
TABLE 146 CHILE: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 180
11.6.5.4 Rest of South America 180
TABLE 147 REST OF SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2020–2023 (USD MILLION) 181
TABLE 148 REST OF SOUTH AMERICA: PROGRESSING CAVITY PUMP MARKET, BY POWER RATING, 2024–2029 (USD MILLION) 181
12 COMPETITIVE LANDSCAPE 182
12.1 OVERVIEW 182
12.2 STRATEGIES ADOPTED BY KEY PLAYERS 182
TABLE 149 PROGRESSING CAVITY PUMP MARKET: OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP FIVE PLAYERS, JANUARY 2019–JUNE 2022 182
12.3 MARKET SHARE ANALYSIS, 2022 184
TABLE 150 PROGRESSING CAVITY PUMP MARKET: DEGREE OF COMPETITION, 2022 185
FIGURE 41 PROGRESSING CAVITY PUMP MARKET SHARE ANALYSIS, 2022 185
12.4 REVENUE ANALYSIS, 2018–2022 186
FIGURE 42 PROGRESSING CAVITY PUMP MARKET: REVENUE ANALYSIS OF THREE KEY PLAYERS, 2018–2022 186
12.5 VALUATION AND FINANCIAL METRICS, 2024 187
FIGURE 43 EV/EBITDA OF KEY VENDORS 187
12.6 BRAND/PRODUCT COMPARISON 187
FIGURE 44 BRAND COMPARISON 187
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 188
12.7.1 STARS 188
12.7.2 PERVASIVE PLAYERS 188
12.7.3 EMERGING LEADERS 188
12.7.4 PARTICIPANTS 188
FIGURE 45 PROGRESSING CAVITY PUMP MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 189
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 190
12.7.5.1 Pumping capacity footprint 190
TABLE 151 COMPANY PUMPING CAPACITY FOOTPRINT 190
12.7.5.2 End user footprint 191
TABLE 152 COMPANY END USER FOOTPRINT 191
12.7.5.3 Regional footprint 192
TABLE 153 COMPANY REGION FOOTPRINT 192
12.7.5.4 Overall footprint 193
TABLE 154 COMPANY OVERALL FOOTPRINT 193
12.8 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 194
12.8.1 PROGRESSIVE COMPANIES 194
12.8.2 RESPONSIVE COMPANIES 194
12.8.3 DYNAMIC COMPANIES 194
12.8.4 STARTING BLOCKS 194
FIGURE 46 PROGRESSING CAVITY PUMP MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023 195
12.8.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023 196
12.8.5.1 List of key start-ups/SMEs 196
TABLE 155 PROGRESSING CAVITY PUMP MARKET: LIST OF KEY START-UPS/SMES 196
12.8.5.2 Competitive benchmarking of key start-ups/SMEs 197
TABLE 156 PROGRESSING CAVITY PUMP MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 197
12.9 COMPETITIVE SCENARIOS AND TRENDS 198
12.9.1 PRODUCT LAUNCHES 198
TABLE 157 PROGRESSING CAVITY PUMP MARKET: PRODUCT LAUNCHES, JANUARY 2018–APRIL 2022 198
12.9.2 DEALS 199
TABLE 158 PROGRESSING CAVITY PUMP MARKET: DEALS, AUGUST 2020–MARCH 2022 199
12.9.3 EXPANSIONS 200
TABLE 159 PROGRESSING CAVITY PUMP MARKET: EXPANSIONS, FEBRUARY 2020–APRIL 2022 200
12.9.4 OTHERS 201
TABLE 160 PROGRESSING CAVITY PUMP MARKET: OTHERS, JULY 2020 201