Market Overview:
The global pneumatic hydrostatic test pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for pneumatic hydrostatic test pumps from the oil and gas industry, as these pumps are used for various applications such as pressure testing, leak detection, and fluid analysis. In addition, the growing demand for these pumps from other industries such as automotive and aerospace is also contributing to the growth of this market.
Product Definition:
A pneumatic hydrostatic test pump is a device used to pressurize a fluid container, such as a pipeline or tank, to check the integrity of the container. The device uses compressed air to push the fluid into and through the container, and then measures the pressure at different points inside the container. This information can be used to detect leaks in pipelines or tanks.
Point to Point:
Point to point is a network design where each device has only one link or connection to the next device. In other words, there is no second connection between the devices in the network. It provides faster transmission of data and also helps in reducing cost and increasing reliability by eliminating secondary connections.
PTP-WM Type:
PTT-WM type is a pneumatic test pump used for testing the flow rate and capacity of liquids in hydraulic systems. It is mainly used to measure the performance of centrifugal, positive displacement, and diaphragm pumps. PTT-WM type has an advantage over other types as it can be used with various test fluids such as oil & gas samples, acids & bases etc., which makes it more reliable for accurate measurement of fluid properties under different conditions.
Application Insights:
Petroleum emerged as the largest application segment in 2016 and is expected to maintain its dominance over the forecast period. The increasing production of oil & gas across the world is a key factor contributing to segment growth. Pneumatic hydrostatic test pumps are used for various applications in petroleum including well testing, pressure maintenance, flow assurance and pressure maintenance services while drilling or completions operations.
Natural Gas application segment was valued at USD 281.2 million in 2016 owing to rising natural gas exploration activities across North America and Europe coupled with growing LNG consumption globally. Growing natural gas production from countries such as Australia, China, Argentina along with shale gas discoveries in Russia & Poland are expected to drive demand for pneumatic hydrostatic test pump over the forecast period significantly driving market growth globally over the next eight years 2030H-2030F by 2030%.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing investments in various sectors, such as petroleum, chemicals and natural gas. In addition, rising government initiatives for use of pneumatic hydrostatic test pumps in exploration and production activities are anticipated to drive the regional market growth.
The Asia Pacific was followed by Europe that accounted for a revenue share of 23% in 2017 owing to high demand from countries including Russia and Norway among others. The presence of large oil & gas companies coupled with stringent regulations regarding well drilling safety is likely to boost product demand over the forecast period.
Growth Factors:
- Increasing demand for hydrostatic testing in the oil and gas industry to ensure the quality of pipelines and other infrastructure
- Growing popularity of pneumatic hydrostatic test pumps as a reliable, efficient, and safe alternative to traditional hydraulic systems
- Rising investment in research and development for innovative new technologies that improve pump performance
- Increasing awareness among consumers about the benefits of using pneumatic hydrostatic test pumps
- Growing demand from emerging markets such as Asia Pacific and Latin America
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic Hydrostatic Test Pump Market Research Report
By Type
Point to Point, PTP-WM Type
By Application
Petroleum, Natural Gas, Others
By Companies
Wheeler-Rex, RICE Hydro, PressureJet Systems Pvt, Dixon, USUN
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
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic Hydrostatic Test Pump Market Report Segments:
The global Pneumatic Hydrostatic Test Pump market is segmented on the basis of:
Types
Point to Point, PTP-WM 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
Petroleum, Natural Gas, 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:
- Wheeler-Rex
- RICE Hydro
- PressureJet Systems Pvt
- Dixon
- USUN
Highlights of The Pneumatic Hydrostatic Test Pump 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:
- Point to Point
- PTP-WM Type
- By Application:
- Petroleum
- Natural Gas
- 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 Pneumatic Hydrostatic Test Pump 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A pneumatic hydrostatic test pump is a device that uses compressed air to move fluids and other materials. It is used in testing equipment, such as pipelines, tanks, and vessels.
Some of the major players in the pneumatic hydrostatic test pump market are Wheeler-Rex, RICE Hydro, PressureJet Systems Pvt, Dixon, USUN.
The pneumatic hydrostatic test pump market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pneumatic Hydrostatic Test Pump Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pneumatic Hydrostatic Test Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pneumatic Hydrostatic Test Pump Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pneumatic Hydrostatic Test Pump Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pneumatic Hydrostatic Test Pump Market Size & Forecast, 2020-2028
4.5.1 Pneumatic Hydrostatic Test Pump Market Size and Y-o-Y Growth
4.5.2 Pneumatic Hydrostatic Test Pump Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Point to Point
5.2.2 PTP-WM Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petroleum
6.2.2 Natural Gas
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pneumatic Hydrostatic Test Pump Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pneumatic Hydrostatic Test Pump Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Point to Point
9.6.2 PTP-WM Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petroleum
9.10.2 Natural Gas
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Point to Point
10.6.2 PTP-WM Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petroleum
10.10.2 Natural Gas
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Point to Point
11.6.2 PTP-WM Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petroleum
11.10.2 Natural Gas
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Point to Point
12.6.2 PTP-WM Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petroleum
12.10.2 Natural Gas
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Point to Point
13.6.2 PTP-WM Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petroleum
13.10.2 Natural Gas
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pneumatic Hydrostatic Test Pump Market: Competitive Dashboard
14.2 Global Pneumatic Hydrostatic Test Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wheeler-Rex
14.3.2 RICE Hydro
14.3.3 PressureJet Systems Pvt
14.3.4 Dixon
14.3.5 USUN
