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Manufacturers in the North American Positive Displacement Pumps Market to Benefit from Niche Application Areas - New analysis from Frost & Sullivan, North American Positive Displacement Pumps Markets, finds that the market earned revenues of $2.30 billion in 2006 and estimates this to reach $3.01 billion in 2013
Manufacturers in the North American Positive Displacement Pumps Market to Benefit from Niche Application Areas

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2007/09/25 - New analysis from Frost & Sullivan, North American Positive Displacement Pumps Markets, finds that the market earned revenues of $2.30 billion in 2006 and estimates this to reach $3.01 billion in 2013.

   
 
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Positive displacement (PD) pumps continue to gain favor due to their relatively compact design, high-viscosity performance, continuous flow regardless of differential pressure, and ability to handle high differential pressure. The North American PD pumps market appears set to experience increased revenues owing to investments in specialized and sophisticated technologies.

New analysis from Frost & Sullivan (industrialautomation.frost.com), North American Positive Displacement Pumps Markets, finds that the market earned revenues of $2.30 billion in 2006 and estimates this to reach $3.01 billion in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the North American Positive Displacement Pumps Markets, send an email to Sara Villarruel, Corporate Communications at sara.villarruel[.]frost.com with your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information through email upon receipt of the above information.

"PD pumps present a viable solution for saving energy, prolonging equipment life and flow monitoring," notes Frost & Sullivan Senior Research Analyst Dushyant Mehra. "Moreover, sales are driven by pump manufacturers' increased focus on providing complete end-user services and solutions."

With regard to product types, rotary, reciprocating, and peristaltic pumps comprise the PD pumps market segments. The peristaltic pumps market segment will likely grow the fastest, with a projected compound annual growth rate (CAGR) of 7.5 percent during 2006 to 2013.

Overall, competition in the PD pumps market continues to increase in terms of price, energy conservation, and timely delivery of equipment. Accordingly, product quality, delivery times, value-added services and price represent the key differentiating factors for manufacturers in the market.

"Moreover, saturated traditional industry applications compel manufacturers to penetrate new markets," explains Mehra. "The PD pumps market has traditionally been highly application focused, with different pump types being used in specific applications in matured end-user industries, such as chemical processing, pulp and paper, and power generation."

In this mature market scenario, extensive competition has spurred the consolidation trend within the pumps market and forced manufacturers to provide value-added services to sustain end-user loyalty.

In order to succeed, manufacturers must supply a one-stop shop for all end-user services and solutions requirements, including on site assistance, maintenance, and spare parts. This trend continues to gain strength as end users acquire outsourced knowledge with minimal risks, while proper applicability of the equipment remains ensured.

North American Positive Displacement Pumps Markets is part of the Industrial Automation and Process Control Growth Partnership Service, which also includes research in the following markets: the European positive displacement pumps market, the world pumps market in the water and wastewater industry, the world pumps market in the oil and gas industry, the Chinese industrial pumps market, the Chinese positive displacement and centrifugal pumps market, and the North American metering pumps market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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Manufacturers in the North American Positive Displacement Pumps Market to Benefit from Niche Application Areas

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Publisher Contact: Sara Villarruel 
210.477.8448 sara.villarruel[.]frost.com
 
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