Abstract
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."
Table of Contents
- 1. Executive Summary
- 1. Introduction to the European Positive Displacement Pumps Market
- 1. Market Overview
- 2. Summary of Major Findings
- 1. Major Growth Opportunities and Total Forecasts
- 2. Analysis by Product Segment
- 3. Analysis by Geographic Region
- 4. Analysis by Applications Group
- 5. Competitive Analysis
- 6. Conclusions
- 1. Introduction to the European Positive Displacement Pumps Market
- 2. Industry Challenges
- 1. Challenges Facing the European Positive Displacement Pumps Market
- 1. Identification of Challenges
- 2. Timeframe Analysis of Industry Challenges
- 1. Challenges Facing the European Positive Displacement Pumps Market
- 3. Total European Positive Displacement Pumps Market
- 1. Market Overview and Definitions
- 1. Introduction
- 2. Market Forecasts
- 1. Market Engineering Measurements
- 2. Market Drivers
- a. Expansion in Eastern European Markets
- b. Demand for Increased Quality and Reliability
- c. Development and Growth in End-user Industries
- d. Increase in Plant Uptime
- e. Product Legislation and Environmental Legislation
- f. Life Cycle Costing
- g. Improved Customer Service and Support Levels
- h. New Materials
- i. Process Automation
- j. Improving Economic Environment
- 3. Market Restraints
- a. Maturity of the Market
- b. Competition is Expected to Limit Prices
- c. Advent of Cheaper Imported Pumps
- d. Relocation of Production to Other Global Regions
- e. Consolidation of End-user Industries
- f. Market Transparency
- g. Extended Pump Life Curtails Future Growth
- h. Competing Technology
- i. Overcapacity
- j. Lack of End-user Knowledge
- 4. Unit Shipment and Revenue Forecasts
- 3. Major Market Trends
- 1. Trends by Product Segment
- 2. Trends by Geographic Region
- 3. Trends by Applications Group
- 4. Technology and Other Market Trends
- 5. Pricing Strategy and Trend Analysis
- 4. Competitive Analysis and Market Share
- 1. Competitive Analysis
- 2. Market Share Analysis
- 5. Market Engineering Strategy
- 1. Strategic Recommendations for Large Companies and Market Leaders
- 2. Strategic Recommendations for Medium and Small/Niche Competitors
- 1. Market Overview and Definitions
- 4. Analysis by Product Segment
- 1. Screw and Progressing Cavity Pumps Market
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Unit Shipment and Revenue Forecasts
- 4. Trends by Geographic Region
- 5. Trends by Applications Group
- 6. Pricing Strategy and Trend Analysis
- 7. Competitive Structure
- 8. Market Share Analysis
- 2. Gear Pumps Market
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Unit Shipment and Revenue Forecasts
- 4. Trends by Geographic Region
- 5. Trends by Applications Group
- 6. Pricing Strategy and Trend Analysis
- 7. Competitive Structure
- 8. Market Share Analysis
- 3. Lobe Pumps Market
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Unit Shipment and Revenue Forecasts
- 4. Trends by Geographic Region
- 5. Trends by Applications Group
- 6. Pricing Strategy and Trend Analysis
- 7. Competitive Structure
- 8. Market Share Analysis
- 4. Vane Pumps Market
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Unit Shipment and Revenue Forecasts
- 4. Trends by Geographic Region
- 5. Trends by Application/User Sector
- 6. Pricing Strategy and Trend Analysis
- 7. Competitive Structure
- 8. Market Share Analysis
- 5. Piston and Plunger Pumps Market
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Unit Shipment and Revenue Forecasts
- 4. Trends by Geographic Region
- 5. Trends by Applications Group
- 6. Pricing Strategy and Trend Analysis
- 7. Competitive Structure
- 8. Market Share Analysis
- 6. Diaphragm Pumps Market
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Unit Shipment and Revenue Forecasts
- 4. Trends by Geographic Region
- 5. Trends by Applications Group
- 6. Pricing Strategy and Trend Analysis
- 7. Competitive Structure
- 8. Market Share Analysis
- 7. Peristaltic Pumps Market
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Unit Shipment and Revenue Forecasts
- 4. Trends by Geographic Region
- 5. Trends by Applications Group
- 6. Pricing Strategy and Trend Analysis
- 7. Competitive Structure
- 8. Market Share Analysis
- 1. Screw and Progressing Cavity Pumps Market
- 5. Analysis by Applications Group
- 1. Food and Beverage Applications
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Revenue Forecasts
- 4. Trends by Product Segment
- 5. Competitive Structure
- 2. Pharmaceuticals Applications
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Revenue Forecasts
- 4. Trends by Product Segment
- 5. Competitive Structure
- 3. Chemical Processing Applications
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Revenue Forecasts
- 4. Trends by Product Segment
- 5. Competitive Structure
- 4. Water and Wastewater Treatment Applications
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Revenue Forecasts
- 4. Trends by Product Segment
- 5. Competitive Structure
- 5. Oil & Gas Recovery and Distribution Applications
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Revenue Forecasts
- 4. Trends by Product Segment
- 5. Competitive Structure
- 6. Power Generation Applications
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Revenue Forecasts
- 4. Trends by Product Segment
- 5. Competitive Structure
- 7. Other Applications
- 1. Market Overview and Definitions
- 2. Market Engineering Measurements
- 3. Revenue Forecasts
- 4. Trends by Product Segment
- 5. Competitive Structure
- 1. Food and Beverage Applications
- 6. Database of Key Industry Participants
- 1. List of Selected Companies
- 1. Market Participants
- 2. Related Companies
- 1. List of Selected Companies
