Smart Pumps Will Help Drive Pump Revenues to $59 billion in 2019
Pump suppliers will experience rising sales resulting in just under $59 billion in revenue by 2019. This is the conclusion reached by the McIlvaine Company in Pumps World Market.
Pump suppliers will experience rising sales resulting in just under $59 billion in revenue by 2019. This is the conclusion reached by the McIlvaine Company in Pumps World Market.
The Danaher acquisition of Pall, the acquisition of Howden by Colfax, and the Nalco acquisition by Ecolab are all product expansions in the air/gas/water/fluid treatment and control market. This was a $323 billion market in 2012 and is now well above $350 billion. This market is continually analyzed in McIlvaine’s Air/Gas/Water/Fluid Treatment and Control: World Market. Despite the acquisitions none of the companies commands a significant share of the total market.
Colfax Fluid Handling announced that pumps produced by its Allweiler brand will meet the Ecodesign Directive ErP 2005/32/EC energy efficiency directive beginning January 1, 2015 – two years ahead of required compliance.
The world market for air and gas, water and other liquids flow and treatment equipment and services will exceed $387 billion in 2015 up from $367 billion in 2014. This is the latest forecast in Market Air/Gas/Water/Fluid Treatment and Control: World Market published by the McIlvaine Company.
Suppliers of flow control and treatment products including those dealing with air, gases, water and other liquids are generating annual revenues of over $300 billion. Each region of the world is participating both in the manufacture and consumption of these products. In Air/Gas/Water/Fluid Treatment and Control: World Market, McIlvaine Company analyzes the production, imports and exports in each region and country.
The new generation of screw pumps from Colfax Fluid Handling reduces operating costs by up to 40 percent. As complete pump sets consisting of the pump, motor, and a frequency converter, they achieve these savings without additional investment.
The Hydraulic Institute (HI) recognized and honored David McKinstry, SVP – Engineering & Special Projects, Colfax Fluid Handling as its Lifetime Achievement Award recipient.
The Hydraulic Institute (HI) recognized the 2012 Standards VIP (Very Important Participant) recipients at the 2013 HI Annual Meeting in Fort Myers, Florida.
Pentair has emerged as the new leader in the market that treats and controls liquids and gases (including air). Ecolab/Nalco has moved into second place. This is the conclusion reached in Air/Gas/Water/Fluid Treatment and Control: World Markets published by the McIlvaine Company.
Pump suppliers will experience rising sales resulting in just under $46 billion in revenue by 2017. This is the conclusion reached by the McIlvaine Company in Pumps World Market.