Industrial Pumps - Global Market Analysis by Pump Type, Application and Region 2025-2030 [Yahoo! Finance]
Baker Hughes Company (BKR)
Company Research
Source: Yahoo! Finance
Dublin, Nov. 28, 2024 (GLOBE NEWSWIRE) -- The "Industrial Pumps Market by Pumps Type, Application - Global Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Industrial Pumps Market grew from USD 64.66 billion in 2023 to USD 68.27 billion in 2024. It is expected to continue growing at a CAGR of 5.07%, reaching USD 91.44 billion by 2030. Key growth factors include the increased global demand for energy and infrastructure development, along with technological advancements in pump efficiency and materials. Opportunities arise from the growth in smart technology integration, enhancing monitoring and predictive maintenance, and environmentally friendly pump innovations driven by regulations. Companies should focus on energy-efficient and IoT-enabled pumps to capture these prospects. However, market growth faces challenges such as high operational costs, significant initial investments, and fluctuating raw material prices which can affect profitabilit
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News
- SLB Stock Plummets 30% YTD: Should You Hold or Exit the Investment? [Yahoo! Finance]Yahoo! Finance
- Baker Hughes (NASDAQ: BKR) is now covered by analysts at Piper Sandler. They set an "overweight" rating and a $53.00 price target on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Barclays PLC from $46.00 to $52.00. They now have an "overweight" rating on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Bank of America Co. from $42.00 to $48.00. They now have a "buy" rating on the stock.MarketBeat
- Baker Hughes (NASDAQ: BKR) had its price target raised by analysts at Wells Fargo & Company from $42.00 to $49.00. They now have an "overweight" rating on the stock.MarketBeat
BKR
Earnings
- 10/22/24 - Beat
BKR
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- BKR's page on the SEC website