NEW YORK, June 7, 2022 /PRNewswire/ -- The Progressing Cavity Pump Market report by Technavio forecasts a USD 1.39 billion growth from 2021 to 2026. The comeback of investments in the oil and gas sector is one of the primary reasons driving the global advancing cavity pump market growth. The market is expected to register a YOY growth of 5.65% in 2022.

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The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and the market behavior across segments such as end-user (Oil and gas, water and wastewater, chemical and petrochemical, food and beverage, and others) and geography (APAC, North America, Europe, South America, and Middle East and Africa). This report helps businesses create strategies to make the most of future growth opportunities.

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Key Market Dynamics

The comeback of investments in the oil and gas sector is one of the primary reasons driving the global advancing cavity pump market growth. Progressing cavity pumps, which are used to pump heavy and viscous crude oil, processed petroleum products, and other feedstock, are utilized extensively in the oil and gas industry.

The use of progressing cavity pumps enables the pumping of untreated oil well products, which can be a mixture of oil, gas, condensates, water, and solids. This will drive market growth in the coming years. Although factors such as volatility in raw material prices may impact the market growth.

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Progressing Cavity Pump Market Segmentation Analysis

Segmentation by Service:

• The oil and gas industry will raise its cavity pump market share significantly. The oil and gas industry's expansion is likely to have a direct impact on the demand for progressive cavity pumps from a variety of end-user sectors. Demand for advancing cavity pumps will rise as shale and tight oil drilling activities increase in North America and APAC.

Segmentation by Geography:

• APAC will account for 33% of the market's growth. In APAC, China and India are the most important markets for advancing cavity pumps. The market in this region will grow faster than the markets in North America, South America, and the Middle East and Africa.
• The expansion of the progressing cavity pump market in APAC will be aided by a large increase in demand for progressing cavity pumps as a result of increased investment in end-user industries such as the oil and gas industry throughout the projected period.

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Progressing Cavity Pump Market Major Vendors

The Progressing Cavity Pump Market is fragmented due to the presence of several vendors. The report offers detailed information on the competencies, capacities, and products offered by major vendors including:

• Borets International Ltd.
• CIRCOR International Inc.
• Ebara Corp.
• Erich NETZSCH GmbH and Co. Holding KG
• Flexachem
• Hydro Prokav Pumps India Pvt Ltd.
• Ingersoll Rand Inc.
• ITT Inc.
• MXQ LLC
• NOV Inc.
• Nova Rotors Srl
• PCM Artificial Lift Solutions Inc.
• Pump and Valve Specialties
• Roper Technologies Inc.
• Roto Pumps Ltd.
• Sulzer Ltd.
• The Weir Group Plc

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Oil and gas - Market size and forecast 2021-2026
• Exhibit 28: Chart on Oil and gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Oil and gas - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Oil and gas - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Oil and gas - Year-over-year growth 2021-2026 (%)

• 5.4 Water and wastewater - Market size and forecast 2021-2026
• Exhibit 32: Chart on Water and wastewater - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Water and wastewater - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Water and wastewater - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Water and wastewater - Year-over-year growth 2021-2026 (%)

• 5.5 Chemical and petrochemical - Market size and forecast 2021-2026
• Exhibit 36: Chart on Chemical and petrochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Chemical and petrochemical - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Chemical and petrochemical - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Chemical and petrochemical - Year-over-year growth 2021-2026 (%)

• 5.6 Food and beverage - Market size and forecast 2021-2026
• Exhibit 40: Chart on Food and beverage - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Food and beverage - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Food and beverage - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Food and beverage - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user
• Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026
• Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 France - Market size and forecast 2021-2026
• Exhibit 94: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 95: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 96: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 97: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.14 Market opportunity by geography
• Exhibit 98: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 99: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 100: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 101: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 102: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 103: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 104: Matrix on vendor position and classification

• 10.3 Borets International Ltd.
• Exhibit 105: Borets International Ltd. - Overview
• Exhibit 106: Borets International Ltd. - Product / Service
• Exhibit 107: Borets International Ltd. - Key offerings

• 10.4 CIRCOR International Inc.
• Exhibit 108: CIRCOR International Inc. - Overview
• Exhibit 109: CIRCOR International Inc. - Business segments
• Exhibit 110: CIRCOR International Inc. - Key offerings
• Exhibit 111: CIRCOR International Inc. - Segment focus

• 10.5 Erich NETZSCH GmbH and Co. Holding KG
• Exhibit 112: Erich NETZSCH GmbH and Co. Holding KG - Overview
• Exhibit 113: Erich NETZSCH GmbH and Co. Holding KG - Product / Service
• Exhibit 114: Erich NETZSCH GmbH and Co. Holding KG - Key offerings

• 10.6 Ingersoll Rand Inc.
• Exhibit 115: Ingersoll Rand Inc. - Overview
• Exhibit 116: Ingersoll Rand Inc. - Business segments
• Exhibit 117: Ingersoll Rand Inc. - Key offerings
• Exhibit 118: Ingersoll Rand Inc. - Segment focus

• 10.7 ITT Inc.
• Exhibit 119: ITT Inc. - Overview
• Exhibit 120: ITT Inc. - Business segments
• Exhibit 121: ITT Inc. - Key offerings
• Exhibit 122: ITT Inc. - Segment focus

• 10.8 NOV Inc.
• Exhibit 123: NOV Inc. - Overview
• Exhibit 124: NOV Inc. - Business segments
• Exhibit 125: NOV Inc. - Key news
• Exhibit 126: NOV Inc. - Key offerings
• Exhibit 127: NOV Inc. - Segment focus

• 10.9 Roper Technologies Inc.
• Exhibit 128: Roper Technologies Inc. - Overview
• Exhibit 129: Roper Technologies Inc. - Business segments
• Exhibit 130: Roper Technologies Inc. - Key offerings
• Exhibit 131: Roper Technologies Inc. - Segment focus

• 10.10 Roto Pumps Ltd.
• Exhibit 132: Roto Pumps Ltd. - Overview
• Exhibit 133: Roto Pumps Ltd. - Product / Service
• Exhibit 134: Roto Pumps Ltd. - Key offerings

• 10.11 The Weir Group Plc
• Exhibit 135: The Weir Group Plc - Overview
• Exhibit 136: The Weir Group Plc - Business segments
• Exhibit 137: The Weir Group Plc - Key news
• Exhibit 138: The Weir Group Plc - Key offerings
• Exhibit 139: The Weir Group Plc - Segment focus

• 10.12 Xylem Inc.
• Exhibit 140: Xylem Inc. - Overview
• Exhibit 141: Xylem Inc. - Business segments
• Exhibit 142: Xylem Inc. - Key offerings
• Exhibit 143: Xylem Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 144: Inclusions checklist
• Exhibit 145: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 146: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 147: Research methodology
• Exhibit 148: Validation techniques employed for market sizing
• Exhibit 149: Information sources

• 11.5 List of abbreviations
• Exhibit 150: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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Technavio Research
Jesse Maida
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