1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

Global Outlook of the Pumps Industry

  • March 2016
  • 75 pages
  • Frost & Sullivan
Report ID: 3703384

Summary

Table of Contents

2016 Global Outlook of the Pumps Industry : The Pumps Industry will Witness Major Consolidation and Investments in Innovation to Cope with Economic Turbulences in 2016

This research service covers the global opportunities for pumps companies in the top 3 end-user industry segments. A regional analysis is provided for North America, Latin America, Europe, the Middle East and Africa, and Asia-Pacific to explain how economic factors will affect the market. Opportunities in oil and gas and wastewater applications for pump manufacturers are highlighted. Additionally, global economic changes and their impact on end-user industry trends and aftermarket services are discussed. The base year for analysis is 2015.

Top Predictions and Trends for 2016

Oil and Gas Continues to Hurt

Declining oil prices will have significant impact on the market as, in 2016, for the first time in the past decades, end users will cut CAPEX investment for a second straight year. As oil and gas is the largest end-user segment, this is expected to affect the market.

Make Hay While the Sun Shines

With low-priced oil and increasing demand for gasoline, US refineries are running at record capacity utilization levels and crude oil spread margins. Investments in upgrades and new storage capacity will boost pump sales in 2016.

Roaring Tiger and Slumping Dragon

India will continue to be a key bright spot within emerging economies, attracting significant foreign direct investments (FDI) and greenfield investments. Slowdown in Chinese exports and weakness in manufacturing are affecting new investments, which will cascade to the broader economy, affecting pump sales in 2016.

Energy Efficiency on the Forefront

With end users focusing on cost cutting, new technologies offering energy savings and operational excellence will be winners. Schlumberger's $ million deal with Energy Recovery Inc.‘s Vorteq technology is a case in point.

Tilting towards IoIT

Sensorization, data deluge, and focus on analytics and cost savings are helping to drive the Internet of Industrial Things (IoIT). New entrants are challenging incumbents, as traditional pump manufacturers continue to do “more of the same”.

Services Sweet Spot
As end users adopt a wait-and-watch approach for new investments, pump companies could boost aftermarket sales revenue to compensate for the loss in new project sales.



Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Strategic Outlook of Global Pumps Market, 2017

  • $ 6500
  • Industry report
  • April 2017
  • by Frost & Sullivan

North America and Asia-Pacific on Brink of Technological Advancement with Big Gains for Suppliers in the Water & Wastewater and Chemicals Segments This research service covers the global opportunities ...

Top 10 Pumps and Motors Market Pumps, Motors - Global Forecast to 2021

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“Top 10 pumps and motors market is expected to reach USD 100.66 billion by 2021” The Top 10 pumps and motors market is expected to grow from an estimated USD 71.01 billion in 2016 to USD 100.66 billion ...

Metering Pumps Market by Type (Diaphragm, Piston/ Plunger), End-Use Industry (Water Treatment, Petrochemicals, Oil & Gas, Chemical Processing, Pharmaceuticals, Food & Beverages, Pulp & Paper), and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The metering pumps market is expected to grow at a CAGR of 6.2% during forecast period” The metering pumps market is projected to reach USD 5.22 billion by 2021, at a CAGR of 6.2% from 2016 to 2021. ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.