DUBLIN, April 10, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/gf2r9j/pumps_valves) has announced the addition of the "Pumps, Valves, and Compressors Market in India" report to their offering.
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The analysts forecast the Pumps, Valves, and Compressors market in India to grow at a CAGR of 15.60 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from process manufacturing industries. The Pumps, Valves, and Compressors market in India has also been witnessing the development of next-generation valves and pumps. However, the increasing raw material prices could pose a challenge to the growth of this market.
The report, the Pumps, Valves, and Compressors Market in India 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Pumps, Valves, and Compressors market in India and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The Pumps, Valves, and Compressors market in India is witnessing a steady transition from the usage of conventional valve types to automatic valves. It is expected that during the forecast period, the automatic valve types will witness increased growth in terms of adoption than the conventional valve types, especially due to the growing need for productivity from the process industries. There will be increased demand for automatic valves from process industries owing to several enhancements in the operational efficiencies of the industrial production processes. However, with vendors focusing on low-cost products in order to attract cost oriented end-users, this transition is expected to gain momentum steadily during the forecast period.
According to the report, the increasing demand from process manufacturing industries is one of the major drivers in the Pumps, Valves, and Compressors market in India. The Oil and Gas, Petrochemical, Chemical, Power, Food and Beverage, and Mining industries are some of the major end-users in the Pumps, Valves, and Compressors market in India.
Further, the report states that the increasing raw material prices is one of the major challenges in the Pumps, Valves, and Compressors market in India. Raw materials such as steel, aluminium, and castings are widely used to manufacture valves, pumps, and compressors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Grundfos A/S, Ebara Corp., Weir Group plc, Baker Hughes Inc., Schlumberger Ltd., and Clyde Union Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
3. Introduction
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Product Segmentation
8. End-user Segmentation
9. Vendor Landscape
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
17. Other Reports in this Series
Companies Mentioned:
- Altlas Copco AB
- Baker Hughes Inc.
- Clyde Union Inc.
- CRI Pumps Pvt. Ltd.
- Crompton Greaves Ltd.
- Ebara Corp.
- Elgi Equipments Ltd.
- Flowserve Corp.
- Grundfos A/S
- Ingersoll Rand Inc.
- Kirloskar Brothers Ltd.
- Kirloskar Pneumatic Co. Ltd.
- KSB Pumps Ltd.
- L&T Ltd.
- Pentair Ltd.
- Schlumberger Ltd.
- Weir Group plc.
For more information visit http://www.researchandmarkets.com/research/gf2r9j/pumps_valves
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
