ReportsnReports adds new market research report "World Pumps to 2016" to its store.
Global demand to rise 6.4% annually through 2016
demand for pumps is forecast to rise 6.4 percent per year through 2016
to $75.4 billion. Although growth will be healthy across the globe
(spurred by recovery from the recent economic downturn), the drivers of
growth will vary by region. 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
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.
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Published: January 2013
No. of Pages: 444
Price: US $ 6400
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Process manufacturing market to post strong gains
Process manufacturing will post strong gains in pump demand, driven by growing output in many industries.
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
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.
Profiles 38 global competitors including Ebara, Grundfos, KSB, Sulzer and Xylem
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