Pumps are mechanical devices which are used to transfer liquid from
one place to another and also to facilitate in circulating liquid around
a system to increase its operational performance. There are two
principal classifications of pump based on their operation modes,
namely: Centrifugal Pumps and Positive Displacement pumps. Different
types of pump use different energy sources such as electricity, wind
power, engines and manual operation. Pumps are used in various
industries such as Agriculture, Power, Water and Wastewater, Power
Generation, Mining, Chemical Processing, Hydrocarbon Processing, Food
and Beverages, Oil and Gas, Pulp and Paper, and Aerospace industries.
Analysts forecast the Pump market in India to grow at a CAGR of 11.54 percent over the period 2013-2018.
The
Report recognizes the following companies as the key players in Pump
Market in India: C.R.I. Pumps, Flowserve Corp., Grundfor Holding A/S,
Kirloskar Group, KSB AG, Jyoti Ltd., Texmo Industries, Shakti Pumps
Ltd., V-Guard Industries Ltd., WPIL Ltd., Falcon Pumps Pvt. Ltd., Kishor
Pumps Pvt. Ltd.,Roto Pumps Ltd., Suzler Ltd., Weir Group PLC, Wilo SE.
One
of the major trends in the Pump market in India is the increasing
demand of end-users for integrated solutions from the vendors.
Integrated solutions involve products such as motor, seals, drivers, and
valves. It also includes services such as technical support and
after-sales services. Since the market is highly price sensitive, most
of the vendors differentiate their products with integrated solutions.
Covered in this Report
The Pump market in India can be segmented into two divisions: Centrifugal Pumps and Positive Displacement Pumps.
Pump
Market in India 2014-2018, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers
India; it also covers the Pump market in India landscape and its growth
prospects in the coming years. The report also includes a discussion of
the key vendors operating in this market.
According to the report,
the increasing demand from major end-users is one of the major drivers
in the Pump market in India. The Agriculture, Water and Wastewater, and
Building Services industries are some of the major end-users in the Pump
market in India.
Further, the report states that despite the
presence of several growth drivers, the Pump market in India also faces
some growth inhibitors. For instance, Chinese vendors are offering
low-cost pumps with better fuel efficiency than domestically produced
pumps, which is hampering the sales of other vendors.
