European Purchases of Industrial Pumps will Exceed $9 Billion by 2015

03.07.2013

European industrial pump purchases will grow moderately in the next two years and surpass $9 billion in 2015. This is the conclusion reached by McIlvaine in Pumps World Markets.

European Purchases of Industrial Pumps will Exceed $9 Billion by 2015

McIlvaine

Centrifugal pump purchases will exceed the combined total of the other pump types. Europe will remain a major exporter as well as purchaser of industrial pumps. However, many European pump manufacturers are setting up manufacturing operations in Asia. The rising cost of energy in Europe combined with the faster growing demand in Asia has dictated these decisions.

The power industry remains a substantial purchaser in spite of the program to switch to renewables. There are some new coal-fired power plants in planning and construction. The big demand for pumps is in life extension for the numerous older power plants.

Five of the world s top pump companies are headquartered in Europe. They are Grundfos, Sulzer, Weir, KSB and Wilo. The main pump operations of the largest pump company, Xylem, are in Europe.

More articles on this topic

The Global Industrial Pump Control Panels Market Size Is Expected to Reach a Valuation of Around US$ 2.6 Billion by 2033

13.09.2023 -

The global industrial pump control panels market size is expected to cross a valuation of US$ 1.6 billion in 2023. It is anticipated to surpass a valuation of around US$ 2.6 billion by 2033.
The market for industrial pump control panels is projected to create an incremental opportunity of US$ 1 billion in the review period 2023 to 2033. It is set to record a decent CAGR of around 4.9% in the same time frame.

Read more

Milestone at the New NETZSCH Campus

27.01.2023 -

After almost two years of construction, the day finally arrived: The first pump was assembled at the NETZSCH Campus in Waldkraiburg and afterwards prepared for shipment. With the opening of assembly at the new location, the course was set for a successful corporate future: “Today is a milestone in the history of NETZSCH Pumps & Systems.

Read more

Vitens Improves Pump Energy Efficiency Together with Samotics

18.10.2022 -

Vitens, the largest drinking water company in the Netherlands, has successfully realized energy savings on its critical pumps using SAM4 Energy in a proof-of-value pilot. This demonstrated how the energy efficiency of existing equipment can be significantly increased using smart analytics. The achieved results contribute to Vitens’ commitment to securing a robust and sustainable drinking water supply by 2030, which is reflected in its ‘Every Drop Sustainable’ strategy.

Read more