Positive displacement (PD) pumps continue to gain favor due to their relatively compact design, high-viscosity performance, continuous flow regardless of differential pressure, and ability to handle high differential pressure, according to a study by Frost & Sullivan (www.frost.com). As such, Frost predicts the North
American PD pumps market appears will experience increased revenues owing
to investments in specialized and sophisticated technologies. The study, titled “North American Positive Displacement Pumps Markets,” shows the North American PD market earned revenues of $2.30 billion in 2006 and estimates it will reach $3.01 billion in 2013.

With regard to product types, rotary, reciprocating, and peristaltic pumps
comprise the PD pumps market segments. The peristaltic pumps market segment will likely grow the fastest, with a projected compound annual growth rate (CAGR) of 7.5 percent during 2006 to 2013, according to Frost.

Overall, Frost says competition in the PD pumps market continues to increase in terms of price, energy conservation, and timely delivery of equipment. Accordingly, product quality, delivery times, value-added services, and
price represent the key differentiating factors for manufacturers in the
market.

In this mature market scenario, Frost says extensive competition has spurred a
consolidation trend within the pumps market and forced manufacturers to
provide value-added services to sustain end-user loyalty.

In order to succeed, Frost says manufacturers must supply a one-stop shop for all end-user services and solutions requirements, including on-site assistance,
maintenance, and spare parts. This trend continues to gain strength as end-users acquire outsourced knowledge with minimal risks, while proper
applicability of the equipment remains ensured.