Pent-up demand in chemical and manufacturing industries will also contribute to the increase in market activity.
Maintenance services add value for renewable energy sources.
Solar pumps and integrated systems are among the technologies driving global agricultural growth.
End users will consistently purchase these critical wear components.
The Chinese government is promoting greater automation and optimization of processes to improve the energy utilization rate.
As food production needs increase, this technology allows end users to conserve water and increase efficiency.
Manufacturers must develop a long-term market position by diversifying.
As oil prices recover over time, a number of factors are expected to shape the future of this crucial market driver.
Adoption of the IIoT will affect a broad range of market segments, including mining.
The economic recession and a decline of skilled workforce drives the pump servicing industry.
Pump manufacturers must be aware of industry trends to meet changing consumer demands in the food and beverage processing industry.
Manufacturers can provide solutions for aging water and wastewater systems.
The Smart Pump Market
Manufacturers are developing a larger role in creating, driving and selling intelligent pump systems.
Food & Beverage Industry Pump Market
The total pump market within this segment is steadily growing in the U.S.
Pumps in Refineries
Operations reductions offer pump manufacturers limited growth potential.
Pumps in Global Power Generation
Pump sales will increase as developing nations expand production to meet demand. While many variables affect the dynamics in global power generation, four major trends drive notable growth...
Pumps & Systems, June 2007 The globalization wave, outsourcing surge and the sizzling economies in Asia-Pacific - particularly India and China - create an attractive picture for investments...
Electric Drives in the European Oil and Gas Industries
Electric drives are used in various applications in the oil and gas industry for varying motor speeds driving critical components, including pumps, fans and compressors. Both AC and DC drives are...
We have just faced the toughest recession of our modern times. In my 40-plus years of executive search for the rotating equipment and valve industry, I have seen no less than six recessions, and this...
Electric Motors: Driving to Higher Efficiency
The freefall in electric motor sales is a direct effect of the worldwide economic downturn, which has severely depressed industrial and commercial productions. Despite the 20 to 30 percent drop in...
Pumps & Systems, July 2007Positive displacement pumps are known as the poor cousin in the global pumps market. With regard to the two broad product classifications, one being centrifugal and the...
Pump Servicing Market
The market's bright future in North AmericaThe proverbial “when one door closes another starts to open” is transforming the services industry. Pump manufacturers are looking at the service...
Pumps & Systems, February 2008 Challenges for the Pump Market A recent marketing survey found that 84.0 percent of satisfied customers would "jump ship" for a better deal if an opportunity...