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Rotary Pumps Market Investigation & Development Trends Analyzed till 2028

September 30, 2019 by Amanpreet  

Rotary Pump Manufacturers Compete on Prices in Highly Lucrative Markets in Emerging Economies

Growing access to water supply and importance of sanitation in most developing nations is generating numerous opportunities for rotary pump market players. Furthermore, increased disposable income of consumers is inducing a rise in discretionary spending, especially on chemicals and fuel, which is boosting demand for rotary pumps in process manufacturing industries in developing countries.

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Recent growth in infrastructure developments and ongoing industrialization in emerging economies, such as India and China, are further complementing adoption of rotary pumps. This is likely to heighten competition in the rotary pumps market in developing countries, as it will remain highly consolidated among leading rotary pump manufacturers.

Market players are migrating their production facilities in Asian countries, where labor cost is lower, to scale higher on the cost-efficient features of rotary pumps and boost profitable sales. Pricing rotary pumps competitively is aiding market players to establish a stronger position in highly competitive local markets for rotary pumps in emerging economies.

Incorporation of IT Services in Pump Designs – An Emerging Trend in the Rotary Pump Market

Internet of Things (IoT) and Industry 4.0 are among the advanced technologies that are rapidly covering grounds in the industrial automation space. Pump manufacturers are eyeing opportunities to introduce highly efficient and cost-effective pumps and capitalize on growing preeminence of advanced technologies in industrial sectors. For example, Pentair plc – a water treatment company headquartered in the U.S. – recently introduced energy-efficient pool pumps integrated with next-generation connected technologies that can automate various processes such as heating, filtering, moving, or sanitizing pool water.

Another leading player in the rotary pumps market – ITT Inc. recently introduced i-ALERT compatible Bluetooth® Smart Pressure Sensor, using the Industrial Internet of things (IIoT) technology platform to provide a monitoring solution for industrial pump applications, including rotary pumps.

A majority of rotary pump manufacturers are likely to adopt strategies to incorporate Software-as-a-Service (SaaS) models and other IT services with conventional design of rotary pumps to introduce value-added characteristics of pumps. Thereby, launching innovative models of smart or intelligent rotary pumps and consolidating a stronger position in the rotary pumps market as a One-stop solution providers is likely to emerge as a predominant market trend in the coming years.

Growing Preference for Rotary Pumps in Versatile Industrial Application Triggers Market Growth

Rotary pumps are a popular type of positive displacement pumps among end-users from a wide range of industrial sectors, such as water & wastewater, power generation, chemical, and oil & gas. Owing to the extraordinary design benefits, rotary pumps present one of the most versatile pumping solution that can handle high viscosity fluids in a vast range of industrial applications.

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Furthermore, it can pump liquids at high temperatures and liquids with gas or vapor contents more efficiently than any other type of pumps, which further expands the range of applications of rotary pumps. Manufacturers in the rotary pumps market are promoting the unique performance characteristics of rotary pumps to expand sales across various industrial territories.

Stringent Pump Efficiency Standards Create Challenges for Rotary Pump Manufacturers

Despite the rise in adoption of rotary pumps across various industrial sectors, low efficiency and low volume degree of rotary pumps is restricting its adoption. Furthermore, due to stringent efficiency standards and regulations, rotary pump sales across various end-user industries have plummeted in the past few years.

The Energy Policy and Conservation Act of 1975 (EPCA) by the Department of Energy compels rotary pump manufacturers to comply with energy efficiency standards for industrial equipment. Furthermore, the emissions standards issued by the California Air Resources Board (CARB) compels rotary pump manufactures to adopt emission-certified engines in rotary pumps.

New efficiency standards and regulations developed by international governing bodies are forcing manufacturers in the rotary pumps market to modify their manufacturing and marketing strategies. This may make it more challenging for rotary pumps market players to maintain competitive prices and gain an edge in the market.

Stressed Oil & Gas Industry may Cause a Plunge in Sales of Rotary Pumps

The oil price collapse and declining levels of petroleum and natural gas exports are impeding growth of the oil & gas industry. The oil price crash is leading to upset the global economy, making a severe impact on oil & gas market player. Additionally, it has a major share in causing a sharp decline in demand for rotary pumps in oil & gas industrial applications, as rotary pumps are among the most sought-after types of pumps used to handle fuel oils and natural gas. Manufacturers in the rotary pumps market are likely to shift their focus on capturing sales opportunities in other application industries as declining oil & gas industry is restricting developments in the rotary pumps market.

Competitive Landscape:

The Fact.MR report on rotary pumps market enlists leading stakeholders in the market to provide insightful information about recent developments in the strategies of leading players in the rotary pumps market. The report features comprehensive information, including intensity mapping, key developments, key financials, SWOT analysis, global manufacturing facilities, and market share analysis about each manufacturer of rotary pumps market featured in the report.

The leading players in the rotary pumps market that have been mentioned in the report include Xylem, Flowserve Corporation, KSB SE & Co. KGaA, HMS Group, Pentair Ltd., SPX Flow, Inc., Dover Corporation, Alfa Laval, Gardner Denver, Inc., IDEX Corporation, ITT, Inc., and Roper Technologies Inc.

A leading manufacturer in the rotary pumps market – Xylem recently announced that it has been working in collaboration with the Government of Ethiopia to provide advanced water pumping solutions that can help the government to deal with water challenges and water security in Ethiopia.

Gardner Denver Holdings Inc., leading provider of flow control and compression equipment, recently acquired DV Systems – a Canadian manufacturer of compressed air solutions, to leverage its core technologies to enter new markets in coming future. The company also acquired Runtech Systems, earlier this year, which is a leading player in the pulp & paper industry, for around US$ 93 million. With this acquisition, the company is aiming to foray into the leading application industries of rotary pumps in the upcoming years.

ITT Inc.'s ITT Bornemann, another leading manufacturer in the rotary pumps market, recently launched the SLW Series – a hermetically-sealed twin screw pumps that are mainly suitable for oil & gas, chemical, power generation, shipbuilding, tank storage, and general industrial markets.

Other players in the rotary pumps market, including Alfa Laval, are majorly focusing on adopting advanced manufacturing technologies to enhance operational efficiency of rotary pumps to capture more lucrative opportunities in the foreseeable future.

About the Report

The Fact.MR report on rotary pumps market provides readers with imperative market insights about growth prospects, potential opportunities, and recent trends in applications of rotary pumps market. The report presents exclusive and unbiased conclusions, both in qualitative and quantitative format, about future growth of the rotary pumps market. The report on rotary pumps market is comprehensible as it is broadly segmented into various sub-categories, which can help readers to understand detailed insights on which segment are winning and which are losing. Thereby the report provides detailed information about growth of the rotary pumps market a seamless way.

Market Breakdown

In order to provide all the important insights and detailed information about the rotary pumps market in the most comprehensible manner, the Fact.MR report divides the rotary pumps market into its five broad sub-segments – rotary pump capacity, product types, applications, rotary pump characteristics, and regions.

Based on the rotary pump capacity, rotary pumps market is segmented into three main types – small, medium, and high. Based on the product types, the rotary pumps market is divided into following sub-segments – gear, vane, screw, lobe, progressive cavity pumps, piston, and peristaltic rotary pumps.

According to its applications, rotary pumps market is broadly segmented into following categories – oil, gas & refining, chemical, general industry, power generation, and water & wastewater. The oil, gas & refining segment is further divided into three broad sub-segments – oil & gas onshore, oil & gas offshore, and oil refining. The chemical segment is further divided into basic and downstream. The general industry segment is further classified into pulp & paper, metal manufacturing, food & beverages, pharmaceuticals, shipbuilding, mining, harbor, docks, & canals, building services/industrial building, construction dewatering, domestic/residential building, packaging machinery, textile machinery, woodworking machinery, and other construction & machinery equipment. The power generation segment is further classified into coal oil, combined cycle gas, hydroelectric, and nuclear. The water & wastewater segment is further divided into industrial and municipal.

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According to the characteristics of rotary pumps, the rotary pumps market is segmented into three categories – standard pumps, engineered pumps, and special purpose pumps. Based on regions, the rotary pumps market is segmented into six main geographical regions – North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (APAC), and Middle East & Africa (MEA).

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