The industry is expected to post mixed growth over the five years through 2014-15, with declines in the early years followed by some strong growth as demand from key downstream markets and capital expenditure across the economy have strengthened. Drier than average climatic conditions in some years and a growing awareness of global warming have placed a greater focus on water management issues. This has caused state governments to invest in water supply and treatment infrastructure, which has boosted demand for industry products.
Firms in the industry mainly manufacture pumps and pumping systems. Generally, a pump is a device used to move fluids - including liquids, gases and slurries - by physical or mechanical action. Firms in the industry also manufacture air and gas compressors, with the exception of those used in air conditioning and refrigeration.
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.