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This Frost & Sullivan research service titled European Positive Displacement Pumps Market provides and analyses the current and likely future trends in the positive displacement pumps market within the process industries in Europe. This research service provides revenue forecasts for the total market and each product type across various end-user sectors along with competitive structure and market share analysis by each product type. In this research, Frost & Sullivan's expert analysts thoroughly examine the following product types: rotary pumps, reciprocating pumps and peristaltic pumps.
Market Overview
Peristaltic pumps have the least market share; yet, they are anticipated to replace other pumps such as gear, progressing cavity and pumps used in metering applications across different end users. Reduced lifetime costs along with greater reliability and accuracy at competitive prices increases the adoption of peristaltic pumps by end users. "The rising trend amongst end-users to decrease their cost of production due to the economic crisis has resulted in greater focus on energy-efficiency and lifetime costing - the key drivers of the European positive displacement pumps market," says the analyst of this research. "Additionally, regulations and directives focused on reducing green-house gas emissions and enhancing the quality and hygiene standards are expected to fuel the growth of this market."
End users are focused on optimising their processes in order to lower unnecessary costs incurred during production. Positive displacement pumps are suited for applications emphasising efficiency, thereby offering good potential for suppliers. The water and wastewater industry is likely to be one of the top consumers of energy. Energy efficiency benefits offered by positive displacement pumps, coupled with continued investments in the sector, are capable of offering added revenue potential for suppliers of positive displacement pumps.
Market Participants to Emphasise on Global Expansion with Partnerships and Acquisitions
The burgeoning demand for high-quality products at lower prices poses a challenge to the suppliers of positive displacement pumps. The prices of certain raw materials have declined due to the economic crisis, resulting in end users looking for competitively priced, albeit high-quality products. Therefore, meeting expected profit margins, especially in price-sensitive markets such as water and wastewater, becomes a challenge for the suppliers. "Despite using different techniques such as lean and six-sigma in various processes to reduce production costs, end-users' expansion into high-growth markets is inevitable," explains the analyst. "The current trend of end-users shifting their manufacturing base to regions of low-cost labour and raw material sourcing such as Russia, Asia Pacific, and South America offers resistance to the future growth prospects of this market in Europe."
Accordingly, market participants should focus on global expansion through strategic acquisitions and partnerships, thereby gaining local presence. This will help serve customers better and faster. "The rising demand for high-quality products at lower prices impels suppliers to revisit their supply chain," concludes the analyst. "They should investigate other options such as acquisitions and partnerships to provide enhanced services for their products."
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By product type:
- Rotary pumps
- Reciprocating pumps
- Peristaltic pumps
Key Topics Covered:
- Executive Summary
- Introduction
- Industry Challenges
- Total Market for the European Positive Displacement Pumps
- Product Analysis - Rotary Pumps Market
- Product Analysis - Reciprocating Pumps Market
- Product Analysis - Peristaltic Pumps Market
- Conclusion
For more information visit http://www.researchandmarkets.com/research/f61500/european_positive
CONTACT: Laura Wood, Senior Manager, Research and Markets Fax: +1 646 607 1907 (from USA) Fax: +353 1 481 1716 (rest of the world) e-mail: press@researchandmarkets.com
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