Demand For Advanced Technologies Anchors Modest Growth In Centrifugal And Turbine Pumps Market
Sluggish growth has characterised the mature European markets for centrifugal and turbine pumps in recent years. Now, however, rising demand for advanced technologies, improvements in selected application sectors and strong growth potential in eastern Europe are set to underpin a modest expansion in revenue levels from current estimates of $3.41 billion to $4.13 billion in 2010.