1. ROBUST BUILDING & CONSTRUCTION ACTIVITY TO ACT AS
KEY DRIVER OF GROWTH OF COMMERCIAL PUMPS
IN NORTH AMERICA IN 2016
KEY QUESTIONS THIS WILL ANSWER
Is the North American pumps market for
commercial buildings growing? How long is it
likely 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 NORTH
AMERICAN COMMERCIAL
PUMPS MARKET
MEDIUM
HIG
H
LO
W
MARKET DRIVERS (3–4 YEARS) KEY COMPANIES
http://www.frost.com/k107 +1.877.GoFROST (463.7678) myfrost@frost.com
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