Pump Dealers in Bangalore
According to the Pump Dealers in Bangalore,Water pumps are one of the most important mechanical devices with application in various industries and homes. Growing urbanization and industrialization in developing countries and the increasing use of water pumps in industries are driving the demand for water pumps in the global market. Based on end-user applications, water pumps are classified into four segments, namely the industrial water pump, the municipal water pump, the agricultural water pump and the domestic water pump.
Based on technology, the two categories of the water pump are the centrifugal water pump and the positive displacement design. Centrifugal water pumps are widely used in buildings, wells, fire protection systems and hot water circulation in industries, while positive displacement type water pumps are used in varied hydraulic systems. Positive design pumps are again divided as alternative, dosing and rotary pumps. Positive displacement design pumps are generally larger than centrifugal pumps of equal capacity.
Asia Pacific is the largest market for water pumps dealers followed by Europe and North America. Asia Pacific has the highest growth rate in the water pump market, mainly due to the increase in development infrastructure in developing countries such as India and China. Based on the product segments, centrifugal water pumps occupy the majority of the market share and are expected to grow further at a constant rate due to the increasing demand of industries such as oil and gas and municipalities. By end-user application,industrial water pumps had the largest market share in 2013 in the water pump market. Industrial water pumps are also growing at a high rate due to increasing industrialization in Asia Pacific growing countries where the oil and gas industry are the major end users of water pumps.
The growing number of water recycling and wastewater treatment plants, especially in India and China, is fueling the water pump market in Asia Pacific. New technologies, such as the intelligent pumping system, in the water pump industry have been spreading their cost benefits to users. Apart from water circulation, water pumps find their use in various domestic applications, including water sources in the home, gardening, and water coolers.
However, there are certain factors that restrict the water pump market, which includes the growing threat of unorganized players in Asia Pacific, especially in the agricultural arena. Poor farmers in developing countries are price sensitive and prefer to buy low-priced water pumps rather than reputable brands.
Address for : Pump Dealers in Bangalore
Mieco Pumps and Generators Pvt Ltd