The Online Pump Magazine
Expansion of EU Facilitates Greater Market Opportunities for Positive Displacement Pumps
The European positive displacement pumps market is being increasingly influenced by the growth of east European economies and the imminent accession of eastern European countries into the European Union (EU) is expected to reinforce confidence and bolster demand.
Key end user segments such as the food and beverage, pharmaceutical and water and wastewater industries are also undergoing significant expansions, thereby ensuring healthy growth across most product segments.
Summary of the Market Analysis "European Positive Displacement Pumps Markets"
Pricing Pressure Forces Manufacturers to Cut Costs
The increasing availability of low-cost products from non-European countries is having a profound impact on the European positive displacement pumps market. Weak demand and standardised technology coupled with immense pressure from end users have made price the key competitive differentiator in the market.
However, the scope for further price pressure is limited as, in many cases, the technology is highly competitive and manufacturers are trying to raise quality and production efficiency in order to produce more effectively priced products. Further, despite the increasing competition and declining price levels, investment in more specialised and sophisticated technologies has helped maintain overall revenues and a slow recovery of the market is expected in the future.
This Frost & Sullivan research service analyses the European markets for positive displacement pumps, providing a comprehensive market analysis with unit shipment and revenue forecasts across products, applications and regions. While highlighting the key drivers and restraints for the market, it also analyses the market share of companies in the various market segments and provides strategic recommendations to help enhance growth.
Expansion of EU into Eastern Europe Likely to Drive Revenue Growth
The expansion of the European Union (EU) into eastern Europe has proved a positive development for the participants in the market. With their relatively lower labour costs, cost-effective land prices and proximal geographic location, investment in these countries is expected to see a continuous rise. With the EU looking to bring the municipal and industrial infrastructure of the region to western European standards, industrial growth rate in eastern Europe is expected to accelerate. In turn, the development of an industrial base is expected to help increase demand for positive displacement pumps in the short and medium term.
End users are demanding pumps of better quality to drive their application processes. "Manufacturers are seeking to differentiate their products by incorporating advances and improvements in them, which is also enabling suppliers to command premium prices in contrast to standard designs," says the analyst of this research. "While this should help improve growth rates in the positive displacement pumps market, it is also likely to ensure better revenues for manufacturers that incorporate changes to satisfy end-user demands."
Increased Demand from Food and Beverage, Pharmaceutical and Water and Wastewater Treatment Sectors
The food and beverage, pharmaceutical and water and wastewater industries are emerging as key markets for positive displacement pumps since they are bound to witness considerable expansion in the coming years. Furthermore, as most industries are under renewed pressure to comply with new and likely regulations in respect to health and safety, hygiene, waste management, emissions, quality and more, demand for positive displacement pumps that make compliance effective is likely to increase.
While Germany remains the largest geographic market, diaphragm pumps account for a major slice of the total revenues among product segments. However, lobe and peristaltic pumps are also expected to show high growth rates due to the expected expansion in sectors such as food and beverage and pharmaceuticals. "Increased demand for positive displacement pumps that are physically larger in size and that use expensive materials and state-of-the-art production methods is expected to boost revenue growth," says the analyst. "In order to differentiate themselves within the market, manufacturers will need to add value to their products through better technology and ensure high-quality service and support and greater branding."
Frost & Sullivan Growth Partnership Service
Based on extensive and in-depth research, real-world consulting work, and new theories tested in hundreds of companies across many industries, Frost & Sullivan has evolved its Growth Partnership Services (GPS) program that provides established and emerging firms with powerful growth visions. Moving beyond token mission statements, GPS provides an actionable vision to growth consulting partners by illustrating how key intelligence and strategic research based on defined goals can guide day-to-day behavior and overall company direction. The foundation of Frost & Sullivan's GPS includes:
To maximize the potential for growth within a firm’s internal and external environment, Frost & Sullivan consultants can facilitate the creation of strategic programs that deliver improved market success. Frost & Sullivan’s strengths lie in combining strategic understanding with market expertise and applying these with absolute commitment to its clients’ growth.
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 Strategic Analysis of European Positive Displacement Pumps Market, then send an e-mail to Corporate Communications, Magdalena Oberland with the following information: your full name, company name, title, telephone number, e-mail address, city, country and source of information
Title: Strategic Analysis of European Positive Displacement Pumps Market
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.
Frost & Sullivan
|[ Home ] [ Pump Magazine ] [ Virtual exhibition ] [ Encyclopedia ] [ PumpSelector ] [ Impressum ]|