Acumen Research and Consulting, Recently Published Report on “Pumps Market Size, Share, Growth, Trends, Revenue and Forecast, 2020 – 2027”

LOS ANGELES, May 8, 2020 /PRNewswire/ –The global pumps market size is expected to reach around US$ 82 Bn by 2027 and is anticipated to grow at a CAGR of around 3% in terms of revenue during the forecasting period 2020 to 2027.

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The key factor driving the pump demand globally is the rise in manufacturing activities in developing economies. The use of pumps for manufacturing, oil & gas, and other domestic activities would fuel growth of the pumps market worldwide. Progressing oil and gas technology as a result of their growing application in specific end-use industries would have