Albany, NY -- (SBWIRE) -- 05/01/2017 -- Water pumps are used in different applications across industries and households. The rapidly expanding urbanization and industrialization in developing countries has led to the increasing demand for water pumps. Market Research Reports Search Engine (MRRSE) has recently added a new report to its vast online repository of market intelligence. This report discusses the global water pump market and is titled as "Water Pump Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2023". It provides an all-encompassing and highly detailed information about the current and future prospects of the global water pump market.

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This report provides an in-depth analysis including various factors effecting the market. It embraces a comprehensive information about the economic and social factors and government policies shaping the market's trajectory during the forecast period 2016 – 2023. Moreover, the study also provides a wide-ranging evaluation of the market, covering in-depth qualitative insights, historical data, and accurate projections about market size. These projections presented in the report have been derived using standard industrial methodologies and assumptions on statistically supported and research validated market data. It also recognizes the most lucrative regional markets for water pumps through extensive primary and secondary research. The strengths and weaknesses of the major companies operating in the global market are analyzed using industry-leading analytical tools.

A vital feature of the report is the segregation of the market, on the basis of key parameters such as end-user application, technology and geographical region. On the basis of end-use application, the global pump market is divided into four categories:

-Industrial Water Pumps
-Agriculture Water Pumps
-Domestic Water Pumps
-Municipal Water Pumps

Based on technology, the global market is bifurcated into centrifugal water pumps and positive displacement design. Among these segments, the centrifugal water pumps are primarily used in buildings, hot water circulation in industries and fire protection systems and wells. Geographically, the most prominent regions included in the report are Europe, North America, Asia Pacific, South America and Middle East & Africa. Among these regions, Asia Pacific is the largest market for the global water pumps, followed by Europe and North America.

Browse Full Report with TOC: http://www.mrrse.com/water-pump-market

Some of the major companies operating in the global market are Torishima Pump Mfg. Co. Ltd., Watson-Marlow Inc., and General Electric Company. The strengths and weaknesses of these companies are discussed in detail. The company profiling include factors like product portfolio, financial overview, development status and strategies adopted in the report.

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