Worldwide Water Pumps Market Analysed in Comprehensive TechSci Research Study Available at MarketPublishers.com
19 Jun 2014 • by Natalie Aster
LONDON – By 2025, over 2.8 billion of the world’s population in 48 nations (about 40 are from North Africa, West Asia, and Sub-Saharan Africa) will likely face water scarcity. The latter is one of the major drivers of the demand for water pumps as governments worldwide are urging industries to water recycling and reuse. Energy efficiency is stimulating manufacturers of water pumps to create energy efficient products to reduce power bills of end-users. In the global water pumps marketplace, the top 10 manufacturers capture more than 50% in total revenue, which results in tough market competition primarily in the developed world; meantime, the developing geographies keep on offering great growth opportunities.
Across Asia-Pacific, small-scale manufacturers in the unorganised segment are currently dominating the regional water pumps market, which demonstrates the high level of market fragmentation. The unorganised market is flourishing there, driven by strong sales of agricultural water pumps offered by local producers at lower prices. Meantime, the water pumps market in developed nations and globally is extremely consolidated. The world water pumps market is seeing a considerable upsurge in M&As as well, with the acquisition of Finder Pompe SpA by Dover, PIMS group by Xylem, and Alaska Pump and Supply, Inc. by DXP Enterprises being among the major ones as of 2013. In H12014, Saudi Pump Factory, the GCC region’s largest pump maker, agreed to sell its 75% stake to Sulzer Ltd.; this at some point reflects rising market consolidation alongside strong opportunities for future growth.
Comprehensive study “Global Water Pumps Market Forecast and Opportunities, 2019” elaborated by TechSci Research provides in-depth analysis on the worldwide water pumps market, identifying the ongoing trends and expected growth in the forthcoming years.
It provides the global water pumps market sizing (value), share and forecast; provides the market size (by value), share and forecast for the main market segments – centrifugal water pumps and positive displacement water pumps; features individual regional market analyses. Insights into changing market trends and developments, emerging opportunities, competitive scene and 20 leading player profiles, as well as strategic recommendations can also be found in the report.
Global Water Pumps Market Forecast and Opportunities, 2019
Published: May, 2014
Price: US$ 3,500.00
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