Global “Hand Pump Market” offers an extensive collection of reports on different markets covering crucial details. The report studies the competitive environment of the Hand Pump market is based on company profiles and their efforts on increasing product value and production.
Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market, which will help the future market to grow with promising CAGR. Unusual growth strategies adopted by various companies are creating new standards for competition in the global Hand Pump Market.
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Hand pumps are manually operated pumps; they use human power and mechanical advantage to move fluids or air from one place to another. They are widely used in every country in the world for a variety of industrial, marine, irrigation and leisure activities.Though there are a great many of US and European manufacturers that make hand pumps, those pumps are mainly designed and made in China. And this is why so many hand pumps look the same. However there are few pump makers such as Grovhac, GPI, GTP from US and WERNER WEITNER from EU manufacturing hand pumps that has exclusive patents in their owned factories.The Chinese OEM manufacturers are basically OEM companies for foreign brands and ODM companies with their own designs but somehow labeling their products with different brands. The latter ones usually have their own brands and better developed manufacturing skills, larger-scale production lines than those specific OEM companies.As from our research, those small companies that only produce OEM products gather in the Mid-north China such as Inner Mongolia and Hebei province. Meanwhile the ODM/OEM manufacturers mainly distributed in Southeast China still have around 70% of their products for export. According to this study, over the next five years the Hand Pump market will register a 1.7% CAGR in terms of revenue, the global market size will reach US$ 190 million by 2024, from US$ 180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hand Pump business.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:
Segmentation by product type:
Segmentation by application:
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of the Hand Pump market, to estimate the size of various other dependent submarkets in the overall market. All percentage shares split, and breakdowns have been determined using secondary sources and verified primary sources.
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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.,
- United States
To study and analyze the global Hand Pump consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of the Hand Pump market by identifying its various subsegments.
Focuses on the key global Hand Pump manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in the next few years.
To analyze the Hand Pump with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hand Pump submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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