Global Chopper Pump Market Set to Reach USD 1,578.2 Million by 2034, Registering 5.7% CAGR Growth, Driven by Growing Demand Across Key Sectors | Future Market Insights, Inc. [Yahoo! Financ...
Xylem Inc. New (XYL)
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Source: Yahoo! Finance
The integration of IoT devices is streamlining pumping technology, enhancing efficiency and driving demand for innovative solutions in water management. NEWARK, Del: , Nov. 19, 2024 (GLOBE NEWSWIRE) -- According to a Future Market Insights (FMI), the global chopper pump market is poised for substantial growth, with an estimated market size of USD 904.7 Million in 2024, projected to reach USD 1,578.2 Million by 2034. This impressive growth represents a value-based compound annual growth rate (CAGR) of during the forecast period. The increasing demand for chopper pumps across various sectors, including water and wastewater treatment, food and beverages, and chemicals, is a primary driver of this market expansion. As industries strive to manage waste effectively and address water scarcity, chopper pumps are becoming essential tools in ensuring efficient operations. Chopper pumps are specialized centrifugal pumps equipped with cutting systems that chop solid materials present in liqui
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XYL
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- 10/31/24 - In-Line
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- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/23/24 - Form 4
- XYL's page on the SEC website