ipc_strategic analysis of north american commercial pumps market_08092016_kmr_v1
TRANSCRIPT
ROBUST BUILDING & CONSTRUCTION ACTIVITY TO ACT ASKEY DRIVER OF GROWTH OF COMMERCIAL PUMPSIN NORTH AMERICA IN 2016
KEY QUESTIONS THIS WILL ANSWER
Is the North American pumps market for commercial buildings growing? How long is itlikely to grow and at what rate?
What are the key factors that will drive growth of the pumps market in the commercial market segment?
STRATEGIC ANALYSIS OF NORTHAMERICAN COMMERCIALPUMPS MARKET
MEDIUMHIGHLOW
MARKET DRIVERS (3–4 YEARS) KEY COMPANIES
http://www.frost.com/k107 +1.877.GoFROST (463.7678) [email protected]
LOWMEDIUMHIGH
Source: Frost & Sullivan
Growing demand for energy efficient pumps, reinstated by newly implemented government mandates and regulations, will result in more and more companies developing advanced design pumps with more electronic features that would enable better system integration and system efficiency.
Stiff competition from European and Asian pump manufacturers are likely to affect North American pump sales as these may be viewed as viable alternative to American pumps due to their improved quality and competitive pricing strategy.
Rising focus on energy-efficiency and cost-savings by way of efficient use of water in buildings will most likely increase between 2016 and 2021 wherein, demand for pumps that comply with government directives for energy-related equipment.
THE LAST WORD–RECOMMENDATIONS
Who are the major industry participants? What are their relative position in the North American pumps market?
TOTAL COMMERCIAL PUMPS MARKET:KEY MARKET DRIVERS, NORTH AMERICA, 2016–2021
Suppliers need to focus on building on equipment that is highly energy-efficient and environment-friendly in order to be profitable in light of the rising mandates and regulations in this regard
Rising adoption of Green Building driving up demand for energy-efficient, sustainable pumping systems
Fluctuations in price of raw materials could act as a dampener of growth of pumps in the short run