AMA Research have published the 7th edition of the 'Pump Market Report – UK 2015-2019 Analysis'. Incorporating original input and primary research, this report represents and up-to-date and independent review of the pump industry. The report is one of the industrial and construction series published by AMA including generating sets, Plant Hire, Tool Hire, Access Equipment, HVAC, and General Industrial Products distribution.
Key issues covered:
Review of market size and trends with indications of whether the trends are likely to continue and other key influences on the market.
Analysis by product group - Centrifugal and Positive Displacement Pumps.
Analysis of supply structure - Key suppliers, shares, distribution channels - direct/OEM, national, regional, local distributors, hire and sale, marine, agricultural, merchants, wholesalers/garden centres.
Review of key end-use sectors - Industrial - Manufacturing and Process, Water and Sewage, Power Generation, Construction, Oil and Gas, Marine, Domestic and Leisure.
Key areas of insight include:
Market forecasts and influencing trends 2015-2019.
Key influencing factors including levels of electricity consumption, construction output, regulatory legislation.
Review of key suppliers and market shares.
Growth prospects for pump applications – technological developments in wear reduction, improved energy efficiency, lower maintenance costs, condition monitoring, hygiene etc.
Review of main end use sectors and key influences currently motivating the UK pump market including industrial, water and sewage, power generation, oil and gas, domestic and leisure sectors etc.
Some of the companies included:
Albany Engineering Co, Alfa Laval, Amos Pumps, AMS Pumps, APV, Armstrong Fluid Technology, Birmingham Pump Supplies, Brammer UK, Busch UK, Circulating Pumps, Concentric AB, Darcy Spillcare Manufacture, Dawson Downie Lamont, Edwards, Ferrier Pumps, Flowserve, Gee and Company, Gilbert, Gilkes & Gordon, GM Treble, Godwin Pumps, Grundfos Pumps, Hayward Tyler, Hidrostal, Honda, KSB, Lowara UK, Mackley Pumps, Maso and Sine, MDM Pumps, Mono Pumps, Parker Hannifin HPD, PCM Pumps, Pumps Supply & Repair Group, Sauer-Danfoss, SPP Pumps, Sterling Fluid Systems, Stuart Turner, Sulzer Pumps, The Weir Group, Tomlinson Hall, Totton Pumps, Tuthill Pump Group, Varley Pumps, Verder, Watson Marlow, Wilo UK, Wright Flow Technologies, Xylem Water Solutions UK.
Key areas covered in the report include:
Overall UK market size, by value, for pumps 2009-2019.
Recent market trends from 2012-14 including key drivers, product and sector trends.
Future trends to 2019, including growth prospects and major factors influencing market development – levels of activity in manufacturing, construction, power generation, the process industries, etc.
Assessment of key sectors and key factors influencing end-use demand from the industrial, water and sewage, power generation, oil and gas, marine, domestic and leisure sectors.
Impact of overseas pump supply on the UK pump market – including process pumps, nuclear and conventional power, oil and gas, etc.
Size and scope of international trade in pumps.
Analysis of market by major product sector - centrifugal and positive displacement - mix by sector.
Centrifugal - Market size and share, mix by product type (process, high pressure, surface and submersible, sludge, circulators, shower/garden/booster pumps), trends within sector, areas of application, application mix.
Positive displacement - Market size and share, mix by product type (rotary and reciprocating, and sub-sectors), trends within sector, areas of application.
End-use Applications - Mix by key end use sector.
Trends within each sector - Industrial process, Manufacturing/OEM, Oil & Gas, Water & Sewage, Power Generation, Marine, Domestic Heating & Leisure.
Influences on the overall development of the pump market in each sector.
SUPPLY AND DISTRIBUTION
Key distribution channels - Direct/OEM, National/Regional/Local Distributors, Hire and Sale, Marine, Agricultural, Merchants, Electrical Wholesalers, share by channel.
Review of major companies within the distribution channels.
Supply structure - major pump manufacturers market shares, changing supply structure, growing concentration through acquisition. Key suppliers within the key product sectors.
Review of major suppliers in the positive displacement and centrifugal sectors.
Positive trends in niche sector application areas, shift in emphasis towards greater efficiency and reduced operational costs.
Key sectors offering opportunities for growth.
Review of market influences, construction levels, manufacturing, growth of advanced manufacturing, pharmaceuticals, electronics etc.
Analysis of future prospects - forecast of market size up to 2019. Key factors influencing forecasts within products and end-use markets.
The UK pump market has experienced good growth during 2013 and 2014, influenced by the recovery in the manufacturing and construction sectors, and further growth of 2% is forecast for the end of 2015. The pumps market has also been boosted in the past two years by the growth of capital investment in the power generation sector as older plants have been replaced by new generation ones.
Aftermarket sales of parts and service make up a substantial proportion of the revenues of UK pump suppliers, which provides suppliers with some degree of stability, even during periods of recession. This is due to the relatively high installed base of pumps in the UK market. The pump market can be divided into two core product sectors, centrifugal pumps and positive displacement pumps, with centrifugal pumps accounting for around 60% of the total market.
Key factors underpinning future market growth include the replacement of ageing infrastructure in the power generation sector, the need to boost housebuilding, and the impact of climatic change leading to a need to improve flood defences. Other key market influences include the growth of the pump hire sector. Offsetting these are the fall in investment in the oil & gas sector resulting from the collapse of oil prices. In addition, the uncertainties regarding future capital investment in the water and wastewater sector created by the change in the way budgets are set under the new Asset Management Plan (AMP6) may also affect demand.
Current forecasts indicate that the UK pump market is likely to show a reasonable level of growth of around 2-3% per annum up to 2019, reflecting growth in construction, together with continuing significant investment in the power generation sector, which is likely to be a key driver of growth in the UK pumps market. This is initially via investment in new generation gas-fuelled power stations, and in the longer term, from new nuclear build. Other long term development opportunities include new technologies such as carbon capture and storage and tidal lagoons. In the water and wastewater sector, however, there is likely to be more emphasis on repair and maintenance rather than new capital expenditure compared with previous Asset Management programmes. However, investment in flood defence programmes may increase demand for pumps such as submersible pumps and puddle pumps.
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