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Positive Displacement Pumps' Superior Durability Gives Them an Edge Over Traditional Pumps Finds Frost & Sullivan - Positive displacement (PD) pumps are poised to carve out a bigger share of the overall pumps market, as industries have been increasingly seeking smart solutions
Positive Displacement Pumps' Superior Durability Gives Them an Edge Over Traditional Pumps Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Singapore, Singapore, 2009/08/25 - Positive displacement (PD) pumps are poised to carve out a bigger share of the overall pumps market, as industries have been increasingly seeking smart solutions.

   
 
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They provide a cleaner alternative to most pumping requirements and higher accuracy and durability than most centrifugal pumps. These are vital attributes in a market that has to deal with stringent energy and safety regulations.

New analysis from Frost & Sullivan (industrialautomation.frost.com), Market for Positive Displacement Pumps in SEA & ANZ (Southeast Asia and Australia and New Zealand), expects the market to earn revenues of $607 million by 2015.

PD pumps' high performance standards have made them the first choice among several industries that are becoming aware of the need to keep a tab on life cycle costs of their process equipment. Although PD pumps may have higher initial costs than other pumps, their lower life cycle costs are increasingly driving industries to install them.

"If a pump fails, it can shut down an offshore rig, a process plant or an assembly line, considerably inflating the life cycle cost," says Frost & Sullivan Research Analyst Shantanu Kelkar. "Therefore, PD pumps companies have been highlighting the reliability of their pumps and showcasing the life cycle cost benefits of their products over other pumps."

The downside of this product durability is that it lowers turnover rates, restricting replacement and resale as well. This issue of low replacement rates is compounded by pricing pressures, market maturity, and a harsh economic climate.

Perceptive participants can stay afloat in the market by capitalizing on the indispensable nature of this critical process equipment. Going further, as more end users turn to automation of their plants and rigs, intelligent PD pumps are all set to experience higher uptake.

"Clean-in-place pumps with sensors and remote monitoring, auto shutoffs, self monitoring, intelligence, and automation built into them will be the most popular," notes Kelkar. "Pump manufacturers in SEA and ANZ will also feel encouraged by the growth in end-user industries such as food and beverages, pharmaceuticals, oil and gas, and chemical industries."

These opportunities can be a boost for participants, especially in the low and medium tiers, as the market is highly fragmented and competitive. However, the presence of many small companies makes market consolidation imperative. In fact, the economic slowdown can provide opportunities for companies to scout for acquisition targets. They can also explore this option to increase the gamut of their technology deliverables.

"Other key corporate growth strategies include continuous improvements in distribution channels, expansion through the establishment of subsidiaries, and distributor training in end-user markets," observes Kelkar. "The ability to understand end-user needs in terms of new technology applications, on-time delivery, value-added services, channel access, and product range will also prove vital in the future."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.

Market for Positive Displacement Pumps in SEA & ANZ (Southeast Asia and Australia and New Zealand) is part of the Industrial Automation & Process Control Growth Partnership Services program, which also includes research in the following markets: automation and software solution markets in metals, mining, power, oil & gas, and chemicals along with research in process equipment such as oil-free compressors and pneumatic equipment. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

Market for Positive Displacement Pumps in SEA & ANZ (Southeast Asia and Australia and New Zealand) / P26B

 
 
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Positive Displacement Pumps' Superior Durability Gives Them an Edge Over Traditional Pumps Finds Frost & Sullivan

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Publisher Contact: Donna Jeremiah / Carrie Low 
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