Frost & Sullivan: Increasing Industrial Applications Drive Growth in the Southeast Asian Positive Displacement Pumps Market The water and wastewater treatment, and oil and gas sectors will contribute the most to market revenues

SINGAPORE, Sept. 26, 2013 /PRNewswire/ -- The development of new applications for positive displacement (PD) pumps in end-user industries will sustain the PD market in Southeast Asia. The market in the region is in the growth stage, and is highly competitive with a large number of regional participants.

New analysis from Frost & Sullivan (http://www.motors.frost.com), Analysis of the Southeast Asia Positive Displacement Pumps Market, finds that the market earned revenues of US$680.0 million in 2012 and estimates this to reach US$866.1 million in 2017. The study covers the oil and gas, water and wastewater treatment, food and beverage, chemical, power generation, and pharmaceutical end-user sectors. As the region's sanitary needs are expected to rise due to industrialization, demand from the water and wastewater treatment segment is likely to be the highest.

Expanding applications in different areas such as marine, chemicals, food and beverage, and power generation boost the potential for the PD market. Escalating energy costs and environmental concerns have placed emphasis on energy-efficiency, and the need for precise and accurate pumping measurements in industries further fuels demand for PD pumps.

"The enforcement of environmental laws has been a strong driver of the PD pumps market," said Frost & Sullivan Industrial Automation and Process Control Senior Research Analyst Vandhana Venkatesan. "Restrictions on gas emissions, chemical pollution, and energy consumption to reduce environmental contamination encourage the use of PD pumps for their low energy consumption and low chemical waste emissions."

However, awareness among end users on these energy-saving capabilities of PD pumps remains low, curbing sale volumes. Maintenance can be another challenge as the shortage of skilled technical experts in Southeast Asia makes end users reluctant to purchase advanced equipment.

Conducting workshops and providing online journals that offer information on PD pumps will be crucial to raise consumer awareness and spur adoption. Manufacturers also need to create niche solutions to retain as well as gain market share in the region.

"Intensifying competition makes it important for PD pump suppliers to provide better post-purchase technical support as well as value-added services," suggested Venkatesan. "PD vendors must equip end users with additional tools such as asset management solutions that will help ensure energy efficiency and decrease downtime risks."

If you are interested in more information on this research, please send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com, with your full name, company name, job title, telephone number, company e-mail address, company website, city, state and country.

Analysis of the Southeast Asia Positive Displacement Pumps Market is part of the Power Transmission Growth Partnership Service program. Frost & Sullivan's related research services include: Analysis of Pumps in Next-11, Growth Dynamics and Automation Trends in BRIC, and Automation and Control Market for Emerging Sectors in SE Asia and ANZ. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

Analysis of the Southeast Asia Positive Displacement Pumps Market
P721-17

Contact:
Donna Jeremiah
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

Carrie Low
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
E: carrie.low@frost.com

http://www.frost.com

SOURCE Frost & Sullivan



RELATED LINKS
http://www.frost.com

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.