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Pump & Compressor Manufacturing in the US - Industry Market Research Report

  • November 2016
  • -
  • Ibisworld
  • -
  • 39 pages

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Pump it up: Downstream industrial markets boost revenue, despite import penetration



Abstract

Pump & Compressor Manufacturing in the US

Over the five years to 2016, the Pump and Compressor Manufacturing industry has benefited from renewed activity in downstream industries that employ pumps and compressors, including chemical manufacturing, gas extraction operations and water treatment and irrigation systems construction. The industry has also benefited from rapid economic development in emerging markets, which has driven the purchase of high-quality, durable pumps and compressors from US manufacturers. In the coming years, projections of stabilizing growth in emerging economies and an appreciating dollar are likely to work in tandem to depress demand for US pumps and compressors in global markets. Nevertheless, improving downstream industrial demand will boost revenue.

Operators in this industry manufacture pumps and compressors for general use, measuring and dispensing. In addition, the industry manufactures nonagricultural spraying and dusting equipment and provides aftermarket and repair services for customers. However, industry operators do not manufacture fluid power pumps, pumps for motor vehicles or air-conditioning compressors.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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