This research service aims to provide an in depth analysis of various aspects of the European water and waste water market for pumps. The market has been covered product wise and geography wise together with providing details on the competitive structure, distribution channels and pricing trends. The impacts of various drivers, restraints and challenges have been analysed and strategies for players at different levels of competition have been suggested.
Research Overview
This Frost & Sullivan research service titled European Pumps in the Water and Waste Water Markets provides a comprehensive analysis of key market trends and the competitive structure. The study also describes market drivers, restraints, pricing trends and includes a geographic analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: centrifugal pumps, positive displacement pumps.
Technologies
The following technologies are covered in this research:
Positive displacement pumps
Centrifugal pumps
Market Overview
Stringent EU Legislation to Boost Demand for Pumps in the Water and Waste Water Market
At present, legislations in the European Union (EU) for higher standards of water and waste water treatment are driving demand for pumps in the water and waste water market. Despite market saturation in regions like Germany, Benelux and Scandinavia, the overall market is projected to experience slow, but consistent growth. The investment scenario in the emerging markets of eastern Europe and Iberia has been positive due to EU funding and increased participation from private companies in investing in water treatment projects. Large-scale implementation of water treatment plants is being undertaken in these regions, as well as parts of Italy and France. Underpinned by these trends, growing demand for pumps is projected to contribute to steady market growth in the future.
"The European Union’s stringent directives that prescribe maintenance of uniform standard of water quality levels across Europe are the major driver of market growth," notes the analyst of this research service. "Moreover, the urban waste water treatment directive (UWWTD), which provides guidelines to identify water bodies that need urgent water treatment, has also intensified pressure on local authorities of respective regions for improved water and waste water treatment." Currently, regions like eastern Europe and Iberia have poor networking with respect to water distribution and wastewater treatment. In particular, the accession countries face the impact of the EU regulation the most, due to the time span within which the directives have to be implemented. While there are challenges in the form of investment flow and improper water distribution and treatment infrastructure, these are likely to be overcome in the future by proactive operational efficiency of the municipal and other related authorities. Accordingly, market revenues are projected to increase from $1.48 billion in 2005 to reach $1.84 billion by 2012.
Value-added Services Crucial to Create Product Differentiation
The markets are witnessing high competition and manufacturers are faced with the key challenge of investing in research and development (R&D). In particular, there is greater need for innovation in Germany and the western European regions, where the markets are in the initial stages of maturity. The evident signs of market saturation and intensifying competition have compelled manufacturers to be more customer-friendly and provide complete pumping solutions including efficient service of pumps, to sustain customer loyalty and increase growth potential. Apart from competitive pricing, offering value-added services will assist manufacturers in enlarging their market share.
"With most parts of western and central European regions having already implemented the EU directives, the need to provide flexible and complete service of pumping equipments is essential," states the analyst. "Innovations in pump design have declined, and control and monitoring systems are likely to have a huge impact on the sale of pumps. Increased investments will need to be made in these areas, which will help differentiate the products and offer manufacturers a competitive advantage in the market."
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