Asia Pacific is a major regional market for reciprocating pumps – one of the sub-segments by product type in the global positive displacement pumps market. The region holds a major market share and is expected to grow at a healthy rate as compared to other regions. In a new report titled “Positive Displacement Pumps Market: Global Industry Analysis and Opportunity Assessment, 2016–2026,” the analysts of Future Market Insights have observed that although other regions such as the Middle East & Africa and Latin America currently hold a low market share, these regions are expected to grow rapidly during the forecast period. North America is likely to be another prominent region in terms of market value share.
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Consolidation of business operations along with the expansion of market footprint is the key strategy adopted by market players to strengthen their market presence in target sectors
During the course of our study, we have observed that companies operating in the global positive displacement pumps market are strengthening global partnerships for better synergies in sales and distribution and augmentation of market footprint across various regions. Efforts are also being made to upgrade and expand existing product lines to strengthen market presence in end-use sectors. Companies are devising innovative strategies to provide customised solutions with value-added services to meet customer requirements effectively. Key market players are also exploring new avenues in end use applications to implement product and brand development strategies along with vertical integration for streamlining of operations and are forming strategic alliances with regional manufacturers/distributors for market expansion.
Strategies of key players in the global positive displacement pumps market
Distributors and retailers are the primary participants in the global positive displacement pumps market; in terms of value-added services, EPCs and MRO service providers complete the entire value chain of the positive displacement pumps market. The majority of global players reach out to their customers primarily through distributors in the global positive displacement pumps market value chain. Installation, maintenance and repair agencies coordinate with pump manufacturers for pre-installation, product operation training and after-sales service activities. Pump manufacturers such as Grundfos, KSB AG and Xylem Incorporation follow the strategy of expanding local networks by setting up their own sales and distribution network or by associating with independent distributors. Pump manufacturers also tie up with engineering, procurement, and construction (EPC) companies for commissioning high capacity positive displacement pumps.
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Our report covers the following key takeaways that are impacting the overall market for positive displacement pumps
- Moderate growth across the manufacturing sector, which in turn is expected to generate substantial demand for positive displacement pumps
- Exploration activities in shale gas and LNG are expected to engage the use of positive displacement pumps in North and Latin America
- Growth and investments in the water and wastewater treatment sector to drive the demand for positive displacement pumps
- Setting up of new facilities to incorporate the use of positive displacement pumps to a fair extent
Global Positive Displacement Pumps Market: Segmentation
By Product Type
- Reciprocating Pump
- Small Capacity
- Medium Capacity
- High Capacity
- Rotary Pump
- Small Capacity
- Medium Capacity
- High Capacity
By Application
- Oil & Gas
- Chemical
- Water & Wastewater
- Pulp & Paper
- Power
- Others
By Region
- North America
- Western Europe
- Asia Pacific Excl. Japan (APEJ)
- Latin America
- Eastern Europe
- Middle East & Africa (MEA)
- Japan
Report Structure and Research Methodology
The financial data for privately-held companies has been indicated in the global positive displacement pumps market report. Macroeconomic indicators such as GDP, disposable income, population growth, wholesale and retail trade, merchandise trade, prices, etc. have been considered to arrive at the indicated market numbers. The top-down approach has been used to assess market numbers for each category, while the bottom-up approach has been used to counter-validate the reached market numbers. The report covers executive summary, market definition and taxonomy and a 360o analysis of the global positive displacement pumps market performance. We have covered important metrics such as CAGR, absolute $ opportunity, incremental $ opportunity, Basis Point Share (BPS) and market attractiveness analysis. This report also consists of market dynamics including drivers, restraints, opportunities and trends likely to impact the global positive displacement pumps market. A comprehensive analysis of the competitive landscape of the global positive displacement pumps market is another key feature of this report.
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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