Market Overview:
The global HPS (Horizontal Surface 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 HPS pumps from various end-use industries such as industrial, oil & natural gas, and mining. Additionally, the growing population and rapid industrialization in emerging economies are also contributing to the growth of this market. Based on type, the global HPS (Horizontal Surface Pumps) market is segmented into under 100 HP, 100-600 HP, and above 600 HP segments. The under 100 HP segment is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030. This growth can be attributed to its low cost and easy installation as compared with other types of pumps available in this category.
 Industry Outlook.svg)
Product Definition:
Horizontal Surface Pumps are a type of centrifugal pump that have their impellers mounted on horizontal shafts. They are used for pumping water and other liquids from one level to another, or for draining low-lying areas.
Under 100 HP:
Under 100 HP, it's usage and growth factor in HPS (Horizontal Surface Pumps) market is driven by factors such as low cost of operation, less power consumption & weight, compact size & easy installation. The demand for Under 100 HP is expected to grow at a significant rate owing to its application in various end-use industries including water treatment plants and sewage treatment facilities.
100-600 HP:
The global 100-600 HP and it's usage in HPS (Horizontal Surface Pumps) market size was valued at USD 1.5 billion in 2016. The increasing demand for energy-efficient pumps with high power density is expected to drive the growth over the forecast period.
100-600 HP pumps are used across various industries including oil & gas, chemicals, water & wastewater treatment, mining,.
Application Insights:
The application segment includes industrial, oil & gas, and mining. The industrial segment dominated the global market in 2017 owing to the rising demand for HPS from water treatment plants, chemical plants, pulp & paper mills and power generation plants. The growth of the industrial sector is expected to fuel product demand over the forecast period.
The oil & gas industry is one of the leading consumers of HPS due to its extensive requirement for fluid handling solutions coupled with high-pressure pumping units capable of handling extreme pressure levels ranging between 0.5MPa (50 psi) and 1 MPa (150 psi). In addition, growing exploration activities in various parts of world are expected to drive product demand in this application segment over the forecast period.
Mining applications include open-pit or underground mining operations where large volumes of water are required for different processes including crushing circuits along with materials processing such as leaching.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of small-scale manufacturers, most of which are family owned and operated. These players have been able to maintain their production levels despite challenging economic conditions, owing to their strong commitment towards providing quality products and services at competitive prices.
The availability of low-cost labor in this region has attracted numerous foreign investors who run or manage oil & gas fields as well as industrial facilities across China, India, Indonesia, Malaysia Philippines Thailand Vietnam among other Southeast Asian countries. This factor is projected to positively influence regional growth over the next eight years.
Europe accounted for more than 20% share in terms of revenue due to rising demand from oil & gas industry located primarily in Germany Italy France Russia UK among other European countries coupled with increasing spending on exploration activities by national governments for finding new sources/reserves for natural resources such as petroleum etc.
Growth Factors:
- Increasing demand from water and wastewater management sector
- Rising awareness about energy efficient pumps
- Growing popularity of HPS in end-user industries such as food & beverage, pharmaceuticals, and cosmetics
- Technological advancements in pump design and manufacturing process
- Government initiatives for promoting energy-efficient technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
HPS (Horizontal Surface Pumps) Market Research Report
By Type
Under 100 HP, 100-600 HP, Above 600 HP
By Application
Industrial, Oil & Natural Gas, Mining
By Companies
Schlumberger, GE(Baker Hughes), Canadian Advanced ESP, Borets, Weatherford, Novomet, Dover, National Oilwell Varco, SPI, HOSS, Summit ESP
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global HPS (Horizontal Surface Pumps) Market Report Segments:
The global HPS (Horizontal Surface Pumps) market is segmented on the basis of:
Types
Under 100 HP, 100-600 HP, Above 600 HP
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
Industrial, Oil & Natural Gas, Mining
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:
- Schlumberger
- GE(Baker Hughes)
- Canadian Advanced ESP
- Borets
- Weatherford
- Novomet
- Dover
- National Oilwell Varco
- SPI
- HOSS
- Summit ESP
 Market Overview.svg)
Highlights of The HPS (Horizontal Surface 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:
- Under 100 HP
- 100-600 HP
- Above 600 HP
- By Application:
- Industrial
- Oil & Natural Gas
- Mining
- 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 HPS (Horizontal Surface 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
HPS (Horizontal Surface Pumps) are a type of pump that moves water or wastewater from one location to another. They are often used in industrial and commercial settings, such as factories and office buildings.
Some of the major companies in the hps (horizontal surface pumps) market are Schlumberger, GE(Baker Hughes), Canadian Advanced ESP, Borets, Weatherford, Novomet, Dover, National Oilwell Varco, SPI, HOSS, Summit ESP.
The hps (horizontal surface pumps) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. HPS (Horizontal Surface 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. HPS (Horizontal Surface Pumps) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. HPS (Horizontal Surface Pumps) Market - Supply Chain
4.5. Global HPS (Horizontal Surface Pumps) Market Forecast
4.5.1. HPS (Horizontal Surface Pumps) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. HPS (Horizontal Surface Pumps) Market Size (000 Units) and Y-o-Y Growth
4.5.3. HPS (Horizontal Surface Pumps) Market Absolute $ Opportunity
5. Global HPS (Horizontal Surface 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. HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Type
5.3.1. Under 100 HP
5.3.2. 100-600 HP
5.3.3. Above 600 HP
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global HPS (Horizontal Surface 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. HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Oil & Natural Gas
6.3.3. Mining
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global HPS (Horizontal Surface 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. HPS (Horizontal Surface 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 HPS (Horizontal Surface 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. HPS (Horizontal Surface 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 HPS (Horizontal Surface Pumps) Demand Share Forecast, 2019-2026
9. North America HPS (Horizontal Surface 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 HPS (Horizontal Surface 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 HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Oil & Natural Gas
9.4.3. Mining
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Type
9.7.1. Under 100 HP
9.7.2. 100-600 HP
9.7.3. Above 600 HP
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 HPS (Horizontal Surface Pumps) Demand Share Forecast, 2019-2026
10. Latin America HPS (Horizontal Surface 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 HPS (Horizontal Surface 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 HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Oil & Natural Gas
10.4.3. Mining
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Type
10.7.1. Under 100 HP
10.7.2. 100-600 HP
10.7.3. Above 600 HP
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 HPS (Horizontal Surface Pumps) Demand Share Forecast, 2019-2026
11. Europe HPS (Horizontal Surface 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 HPS (Horizontal Surface 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 HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Oil & Natural Gas
11.4.3. Mining
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Type
11.7.1. Under 100 HP
11.7.2. 100-600 HP
11.7.3. Above 600 H
11.8. Basis Point Share (BPS) Analysis by Type
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 HPS (Horizontal Surface Pumps) Demand Share, 2019-2026
12. Asia Pacific HPS (Horizontal Surface 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 HPS (Horizontal Surface 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 HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Oil & Natural Gas
12.4.3. Mining
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Type
12.7.1. Under 100 HP
12.7.2. 100-600 HP
12.7.3. Above 600 HP
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 HPS (Horizontal Surface Pumps) Demand Share, 2019-2026
13. Middle East & Africa HPS (Horizontal Surface 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 HPS (Horizontal Surface 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 HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Oil & Natural Gas
13.4.3. Mining
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa HPS (Horizontal Surface Pumps) Market Size and Volume Forecast by Type
13.7.1. Under 100 HP
13.7.2. 100-600 HP
13.7.3. Above 600 HP
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 HPS (Horizontal Surface Pumps) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global HPS (Horizontal Surface Pumps) Market: Market Share Analysis
14.2. HPS (Horizontal Surface Pumps) Distributors and Customers
14.3. HPS (Horizontal Surface Pumps) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schlumberger
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE(Baker Hughes)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Canadian Advanced ESP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Borets
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Weatherford
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Novomet
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dover
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. National Oilwell Varco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SPI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HOSS
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Summit ESP
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
