The dewatering pumps market is expected to grow at year-on-year rate of 5.3%, reaching a value of about US$ 6.9 Bn by 2022. The global dewatering pumps market is primarily driven by robust demand from ongoing infrastructure projects. Future Market Insights (FMI) has projected the market to register a CAGR of 5.3% by value during the period of 2022 and 2028.
As per an exhaustive analysis by FMI, the global submersible pumps market is poised to total US $ 14.45 Bn by 2031 in comparison to the US $ 8.42 Bn registered in 2020.
Following a comprehensive Judging Session held at the BPMA offices on 31st January, the Finalists in the 2020 Pump Industry Awards have been determined.
The British Pump Manufacturers Association (BPMA) reports continued growth in its membership numbers, with another three companies recently joining the organisation.
Franklin Electric welcomes Chris Downey as its new Territory Manager for the north central region as well as Shane Wright as its new Territory Manager for the southeast region.
Global subsea pumps market was valued at more than a billion USD in 2014 having been contributed mainly by the demand from offshore production activities in North and South America and Europe.
Ruhrpumpen recently sold a Water Injection package that consists of quantity (2) SCE 10X8X16 (Booster pumps) and quantity (2) SM 6X13X10 (Main pumps). The 2.3 MW driver for the SM pump operated by a variable frequency drive.
The new Juan Manuel de Rosas Water Treatment Plant in Buenos Aires is intended to solve the water supply problem for the city‘s north zone. The Water and Sanitation Authority of Argentina (AySA) awarded Ruhrpumpen the ‘Aguas del Parana Project’ of Juan Manuel de Rosas Water Suppy Plant in Buenos Aires, Argentina.
Ruhrpumpen is opening a new manufacturing plant this year in Duque de Caxias, Rio de Janeiro. The 80,729 ft² state of the art facility is strategically located near a major highway in Rio in order to provide optimum delivery service.
Forecasts of revenues for the world pump industry have been revised downward in the last year. Nevertheless, according to the online Pumps: World Markets report, published by the McIlvaine Company, sales will grow from $28.9 billion in 2003 to $34.2 billion in 2007. Earlier McIlvaine forecasts projected crossing of the $34 billion threshold in 2006.
