Players in the Pump Manufacturing industry manufacture a wide range of pumps. Trends in exports and imports have a significant influence on industry performance, as exports account for a major share of industry revenue and imports satisfy a large chunk of domestic demand. However, both import and export values are inflated by re-exports. The industry has endured lacklustre conditions over the past five years. Domestic demand declined during the period, partly on account of weak industry production activity, and this negatively influenced industry performance. Meanwhile, import penetration increased considerably and exacerbated the problems already affecting the industry.
Companies in this industry manufacture air or vacuum pumps, liquid pumps, hand pumps and pumps designed to fit into internal combustion engines. The manufacture of pump parts is also included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.