Global Pumps Industry Forecasts to Reach $75.4 billion by 2016 in New Market Research Report at ReportsnReports.com

“World Pumps to 2016” is the new market research report added to ReportsnReports.com store. The reports says global demand to rise 6.4% annually through 2016 and profiles 38 global competitors.

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

Dallas, Texas (PRWEB) January 12, 2013

Growth will be healthy across the globe (spurred by recovery from the recent economic downturn); the drivers of growth will vary by region. Pumps market advances in developing areas such as China and India will result from industrialization, as investment in water infrastructure and electricity generation grows. In developed areas, continued gains in manufacturing output will provide gains in the process manufacturing market. Oil producing nations such as those in the Middle East will see advances due to strong drilling activity. In the US, demand will benefit from the boom in hydraulic fracturing in the oil and gas market.

Improved designs to benefit positive displacement & centrifugal pumps
Among product types, positive displacement pumps will benefit from growth in process manufacturing activity, while the centrifugal pump segment will see gains from growing demand for more versatile, low-maintenance pump models. Each of these segments will also benefit from the development of improved pump designs and the use of new materials.

Process manufacturing market to post strong gains
Process manufacturing will post strong gains in pump demand, driven by growing output in many industries.

Rising standards of living will boost greater capacity in process manufacturing in developed regions. In addition, more stringent environmental regulations will help generate process manufacturing demand for more efficient and better performing fluid handling pumps in developed nations.

Pump demand in the oil and gas market will be fueled by a substantial increase in oil production as the world economy rebounds from the general economic weakness triggered by the 2009 global recession. Growth in oil and gas investment is expected to be especially strong in developing regions, where improving infrastructure will contribute to more drilling activity.

Advances in pump demand in the water infrastructure market will result from two key factors: in developing nations, access to water supply and sanitation will be increased; in developed nations, aging water infrastructure will need repair and upgrade. For example, many current water systems across the world have pipelines over 50 years old, leading to increased main breaks. These trends will benefit demand for water infrastructure equipment such as pumps.

Company Profiles
Profiles 38 global competitors including Ebara, Grundfos, KSB, Sulzer and Xylem

Additional Information
This comprehensive study analyzes the world market for fluid handling pumps. Products covered are general purpose centrifugal; positive displacement (i.e., rotary, reciprocating, and diaphragm); turbine industrial pumps; oilfield and other specialty pumps including domestic water system pumps, sump pumps, and various miscellaneous designs; and pump drivers and other parts and accessories sold separately. Excluded from the scope of the study are fluid power pumps, vacuum pumps, concrete pumps, and automotive pumps.

Historical data (2001, 2006, and 2011) and forecasts for 2016 and 2021 are provided for sales of pumps at the aggregate level on a country-by-country basis, valued in millions of current US dollars, including inflation. The term “demand” refers to “apparent consumption,” and is defined as shipments (also referred to variously as “production,” “output,” or “supply”) from a country's indigenous manufacturing facilities plus imports minus exports. It is used interchangeably with the terms “market,” “sales,” and “consumption.”

A potential source of statistical discrepancy in the historical series for sales is the conversion from national currencies to a common currency, in this case the US dollar. Every effort has been made to adjust compiled data to form a consistent pattern for comparing the various national pump industries and markets.

In addition to providing a market outlook, the study identifies and profiles the major industry participants and discusses the key strategic competitive variables. The entire report is framed within the world pump industry’s economic and market environments, and therefore environmental variables affecting demand are emphasized. World pump market share data by company presented in the “Industry Structure” section are estimated based on consultation with multiple sources.

Data on global pump demand are derived from differing sources and developed from statistical relationships. Variations are commonplace in this type of international reporting and, consequently, data presented in this study are historically consistent but may differ from other sources. Variances may occur because of definitional differences, undistributed exports, inventory accumulations and goods-in-transit. To reduce the impact of such discrepancies, total world pump imports and exports have been assumed to balance in any given year. Tabular details may not always add to totals due to rounding. Ratios are rounded to the nearest significant digit. All dollar values cited for the industry are at the basic manufacturers’ level.

Buy a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=214060 . Alternatively, Request A Sample @ http://www.reportsnreports.com/contacts/requestsample.aspx?name=214060 to help make your purchase decision.

About Us:
ReportsnReports.com (http://www.reportsnreports.com/ ) is an online market research reports library of 200,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.


Contact

Follow us on: Contact's Facebook Contact's Twitter Contact's LinkedIn Contact's Google Plus