Market Overview:
The global convertible jet pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for convertible jet pumps from various end-use industries such as agriculture, oil & gas, construction, mining, and others. Additionally, the growing awareness about energy-efficient and environment-friendly pumping solutions is also propelling the growth of this market.
Product Definition:
A convertible jet pump is a type of centrifugal pump that can be used as either a submerged or surface-mounted unit. The importance of convertible jet pumps is that they provide an efficient and economical way to move water or other fluids from one location to another, whether it's for irrigation, residential use, or some other purpose.
Shallow Well Type:
Shallow well type is used in jet pumps to remove water from the air. It is a simple device consisting of an orifice, which may be open or closed by means of a valve. The purpose of this type of well is to obtain sufficient suction lift for efficient pumping without the need for submersible pumps and their associated equipment. Shallow wells are most commonly utilized where it's depth does not exceed 100 ft., although they can be employed down to 30,000 ft.
Deep Well Type:
A deep well type pump is a sub-class of centrifugal pumps. It’s named so because it has a deeper well that enables it to deliver higher flow rates at lower speeds. The design incorporates larger diameter piping and valves leading to large size interconnecting chambers, this increases the surface area of the fluid that is exposed to the atmosphere resulting in faster evaporation rate and high volumetric efficiency.
Application Insights:
The construction application segment accounted for the largest market share of over 30% in 2017. The product is widely used in the construction industry to pump out water from low-lying areas so that work can be carried out on land. It is also used extensively during road repairs and maintenance as it provides sufficient power for the job, thereby saving time and cost.
Agriculture was one of the prominent applications witnessed in 2018 owing to its ability to pump water at high pressure with low energy consumption thus proving itself as an efficient solution across various industries globally. The oil & gas application segment is expected to witness a CAGR of XX% from 2018 to 2030, attributed largely due by factors such as rising demand for crude oil products worldwide coupled with increasing investments by companies operating within this sector globally.
Regional Analysis:
North America was the largest market for convertibles jet pumps and accounted for over 35% of the global market share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from various end-use industries such as oil & gas, mining, agriculture, and others. In North America, U.S., is one of the prominent countries having a large number of wells that need to be drilled on a regular basis resulting in high requirement for efficient pumping equipment including convertible jet pumps.
Asia Pacific is anticipated to be one of fastest growing regions with CAGR exceeding 6% during the forecast period owing to rapid development taking place in economies such as China.
Growth Factors:
- Increasing demand from the water and wastewater treatment industry for energy-efficient and reliable pumps
- Rising awareness about the benefits of convertible jet pumps over traditional centrifugal or submersible pumps
- Growing popularity of convertible jet pump systems in residential applications due to their high performance and low noise levels
- Proliferation of micro hydroelectric power plants, which are increasingly using convertible jet pumps as a source of renewable energy
- Technological advancements that have led to the development of more efficient and durable convertible jet pump systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Convertible Jet Pumps Market Research Report
By Type
Shallow Well Type, Deep Well Type
By Application
Agriculture, Oil & Gas, Construction, Mining, Others
By Companies
Grundfos, Red Lion, Franklin Electric, Wilo USA, Pentair, Pedrollo, Hallmark Industries, Sulzer, Kirloskar Brothers, Xylem, Flowserve
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Convertible Jet Pumps Market Report Segments:
The global Convertible Jet Pumps market is segmented on the basis of:
Types
Shallow Well Type, Deep Well Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Oil & Gas, Construction, Mining, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Grundfos
- Red Lion
- Franklin Electric
- Wilo USA
- Pentair
- Pedrollo
- Hallmark Industries
- Sulzer
- Kirloskar Brothers
- Xylem
- Flowserve
Highlights of The Convertible Jet Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shallow Well Type
- Deep Well Type
- By Application:
- Agriculture
- Oil & Gas
- Construction
- Mining
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Convertible Jet Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Convertible jet pumps are a type of pump that can be used to transfer liquids and gases. They are often used in aircraft, oil rigs, and other industrial settings.
Some of the key players operating in the convertible jet pumps market are Grundfos, Red Lion, Franklin Electric, Wilo USA, Pentair, Pedrollo, Hallmark Industries, Sulzer, Kirloskar Brothers, Xylem, Flowserve.
The convertible jet pumps market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Convertible Jet Pumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Convertible Jet Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Convertible Jet Pumps Market - Supply Chain
4.5. Global Convertible Jet Pumps Market Forecast
4.5.1. Convertible Jet Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Convertible Jet Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Convertible Jet Pumps Market Absolute $ Opportunity
5. Global Convertible Jet Pumps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Convertible Jet Pumps Market Size and Volume Forecast by Type
5.3.1. Shallow Well Type
5.3.2. Deep Well Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Convertible Jet Pumps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Convertible Jet Pumps Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Oil & Gas
6.3.3. Construction
6.3.4. Mining
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Convertible Jet Pumps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Convertible Jet Pumps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Convertible Jet Pumps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Convertible Jet Pumps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Convertible Jet Pumps Demand Share Forecast, 2019-2026
9. North America Convertible Jet Pumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Convertible Jet Pumps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Convertible Jet Pumps Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Oil & Gas
9.4.3. Construction
9.4.4. Mining
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Convertible Jet Pumps Market Size and Volume Forecast by Type
9.7.1. Shallow Well Type
9.7.2. Deep Well Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Convertible Jet Pumps Demand Share Forecast, 2019-2026
10. Latin America Convertible Jet Pumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Convertible Jet Pumps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Convertible Jet Pumps Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Oil & Gas
10.4.3. Construction
10.4.4. Mining
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Convertible Jet Pumps Market Size and Volume Forecast by Type
10.7.1. Shallow Well Type
10.7.2. Deep Well Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Convertible Jet Pumps Demand Share Forecast, 2019-2026
11. Europe Convertible Jet Pumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Convertible Jet Pumps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Convertible Jet Pumps Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Oil & Gas
11.4.3. Construction
11.4.4. Mining
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Convertible Jet Pumps Market Size and Volume Forecast by Type
11.7.1. Shallow Well Type
11.7.2. Deep Well Type
11.8. Basis Point Share (BPS) Analysis by Tpe
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Convertible Jet Pumps Demand Share, 2019-2026
12. Asia Pacific Convertible Jet Pumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Convertible Jet Pumps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Convertible Jet Pumps Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Oil & Gas
12.4.3. Construction
12.4.4. Mining
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Convertible Jet Pumps Market Size and Volume Forecast by Type
12.7.1. Shallow Well Type
12.7.2. Deep Well Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Convertible Jet Pumps Demand Share, 2019-2026
13. Middle East & Africa Convertible Jet Pumps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Convertible Jet Pumps Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Convertible Jet Pumps Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Oil & Gas
13.4.3. Construction
13.4.4. Mining
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Convertible Jet Pumps Market Size and Volume Forecast by Type
13.7.1. Shallow Well Type
13.7.2. Deep Well Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Convertible Jet Pumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Convertible Jet Pumps Market: Market Share Analysis
14.2. Convertible Jet Pumps Distributors and Customers
14.3. Convertible Jet Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Grundfos
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Red Lion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Franklin Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Wilo USA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pentair
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pedrollo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hallmark Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sulzer
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kirloskar Brothers
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Xylem
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Flowserve
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
