|By PR Newswire||
|August 8, 2014 10:50 AM EDT||
DUBLIN, Aug. 8, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Water Pumps Market Forecast and Opportunities, 2019" report to their offering.
Rising demand for water pumps is an outcome of massive urbanization and industrialization being witnessed globally. According to Population Action International, by 2025 more than 2.8 billion of global population in 48 countries is expected to face water scarcity. Out of these 48 countries, about 40 are from West Asia, North Africa and Sub-Saharan Africa. Water scarcity is one of the key factors driving the demand for water pumps as governments across the globe are pushing industries towards recycle and reuse of water. Energy efficiency being a major factor for an end-user, is encouraging water pump manufacturers to develop energy-efficient products to cut down power bills of users. In global water pumps market, top ten manufacturers account for more than 50% revenue share, resulting in stiff market competition majorly in developed regions, while developing economies continue to offer brighter and robust growth opportunities.
According to "Global Water Pumps Market Forecast & Opportunities, 2019", the market is highly fragmented in Asia-Pacific, with small manufacturers in unorganized segment currently dominating the market. The strong volume sales of agricultural water pumps, which are offered by domestic manufacturers at lower price, is the key factor behind the flourishing unorganized market. However, the trend is quite opposite in developed as well as the overall global water pumps markets, where the market is highly consolidated. The global water pumps market is also witnessing significant upsurge in M&A activities. The acquisition of PIMS group by Xylem; Finder Pompe SpA by Dover; and Alaska Pump & Supply, Inc. by DXP Enterprises are among the major acquisitions that were witnessed in 2013. In the first half of 2014, the largest pump manufacturer of GCC region, Saudi Pump Factory signed an agreement to sell its 75% stake to Sulzer Ltd., which in a way reflects growing market consolidation as well as strong future growth opportunities.
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Global Water Pump Market Outlook
4. Global Centrifugal Water Pump Market Outlook
5. Global Positive Displacement Water Pump Market Outlook
6. Global Water Pump Market Recent Trends & Developments
7. Global Water Pump Market Dynamics
8. Asia-Pacific Water Pump Market Outlook
9. Americas Water Pump Market Outlook
10. Europe Water Pump Market Outlook
11. Middle East & Africa Water Pump Market Outlook
12. Competitive Landscape
13. Strategic Recommendations
- Ebara Corporation
- Flowserve Corporation
- GRUNDFOS Holding A/S
- Gardner Denver, Inc.
- Henan Province Xixia Automobile Water Pump Co. Ltd.
- IWAKI CO., LTD.
- Idex Corporation
- KSB Group
- Kirloskar Brothers Limited
- PROCON Products
- PSG Dover
- Pentair Ltd.
- SPX Corporation
- Saudi Pump Factory
- Shanghai Kai Quan Pump (Group) Co. Ltd.
- Sulzer Ltd.
- Torishima Pump Mfg. Co., Ltd.
- Watson-Marlow, Inc.
- Wilo SE
- Xylem, Inc.
For more information visit http://www.researchandmarkets.com/research/v8hwn8/global_water
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
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