Briefing to centre on centrifugal pumps market
A
Frost and Sullivan product story
Edited by the Engineeringtalk editorial team
Nov 6, 2008
Frost and Sullivan will host a free telephone and web briefing on 19 November, to provide industry participants with an overview of the world centrifugal pumps market.
Increasing need for clean drinking water worldwide provides great opportunities for centrifugal pump manufacturers, especially in emerging economies.
With raw material prices increasing, market participants face the challenge of providing quality products at competitive prices operating at greater efficiency.
Also, with end-users interested in complete integrated products, market participants look at strategic consolidation opportunities.
Highlights of the briefing include world market sizing and analyses based on trends with respect to region, product and end-users.
The briefing will benefit pump manufacturers and original equipment manufacturers by providing distribution channel analysis and market projections for the world market, as well as regional markets.
'Overlapping product portfolios of manufacturers catering to similar markets direct more focus on the services offered to their customers.
'The investments in various market sectors are expected to slow down due to the economic recession worldwide.
'Therefore, the suppliers will concentrate more on the maintenance, repair and overhaul (MRO) market,' says Ram Ravi, research analyst for Frost and Sullivan's Industrial Automation and Process Control group.
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