Global heavy-duty pumps Market Expected to Reach $ 19,522 Million by 2025

According to a new report published by Allied Market Research, titled, Heavy-duty Pumps Market: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global heavy-duty pumps market was valued at $ 12,823 million in 2017, and is expected to reach at $ 19,522 million by 2025, growing at a CAGR of 5.4% during the forecast period. The centrifugal pump segment accounted for more than four-fifth of the market share in 2017 and is expected to witness significant growth during the forecast period.