This report covers:

Companies covered include:

Table of Contents

Executive Summary

Back to Process Equipment & Other Machinery Index and Shopping Cart

Back To REPORTFINDER home page and Search Engine

TABLE OF CONTENTS

1. INTRODUCTION 6

2. SUMMARY 7

3. ECONOMIC ENVIRONMENT 10

3.1 INTRODUCTION 10

3.2 GROWTH 10

3.3 INTEREST RATES 11

3.4 FIXED INVESTMENT 11

3.5 CONSUMER CONFIDENCE 11

3.6 CONCLUSION 11

4. THE UK MARKET FOR PUMPS 13

4.1 MARKET DEFINITION 13

4.2 MARKET SIZE 13

4.3 INTERNATIONAL TRADE IN PUMPS 20

5. PRODUCT SEGMENTATION 24

5.1 PRODUCT TYPES 24

5.2 END-USE APPLICATIONS 34

6. DISTRIBUTION CHANNELS 58

6.1 DISTRIBUTION MIX AND STRUCTURE 58

6.2 DISTRIBUTION CHANNELS 62

7. MAJOR SUPPLIERS OF PUMPS 76

7.1 PUMP MANUFACTURERS AND SUPPLIERS 76

7.2 MAJOR SUPPLIERS 81

8. KEY MARKET INFLUENCES 93

8.1 INDUSTRIAL SECTORS 93

8.2 BUILDING, DIY AND RETAIL SECTORS 100

8.3 GENERAL 105

9. FUTURE PROSPECTS 106

TABLES & CHARTS

CHART 1: UK PUMPS MARKET 1993-2002 AT £M MSP

TABLE 2: THE SIZE OF THE UK MARKET FOR PUMPS 1993-1997 (£M MSP)

TABLE 3: THE UK MARKET FORECAST (£M MSP)

CHART 4: THE UK PUMP MARKET AT CONSTANT 1993 PRICES £M MSP

TABLE 5: IMPORTS/EXPORTS OF PUMPS (£M)

TABLE 6: SEGMENTATION OF THE UK PUMP MARKET 1996 AT £M MSP

TABLE 7: POSITIVE DISPLACEMENT SECTOR PUMPS

TABLE 8: CENTRIFUGAL SECTOR PUMPS

TABLE 9: MIX OF END-USE APPLICATIONS FOR PUMPS IN THE UK MARKET

TABLE 10: SEWAGE HANDLING : SELECTION OF PUMPS USED FOR FLUID TRANSFER

TABLE 11: CAPITAL EXPENDITURE BY THE UK WATER COMPANIES 1990/1991 TO 1995/1996 (£M)

CHART 12: CAPITAL EXPENDITURE BY SERVICE IN ENGLAND AND WALES 1992/1993

TABLE 13: EXAMPLES OF PUMPS FOR POWER GENERATION

TABLE 14: ELECTRICITY SUPPLY BY TYPE OF PLANT (TERROWATT HOURS)

TABLE 15: MARINE PUMPS

TABLE 16: MERCHANT SHIPBUILDING - ORDERS

TABLE 17: APPLICATION AREA REVIEW OF TRENDS

TABLE 18: PUMP MANUFACTURERS' SALES BY DISTRIBUTION CHANNELS

CHART 19: UK TOOL HIRE MARKET SHARES FOR PLUMBING/PUMPING 1995 HIRE MARKET PRICES £M

CHART 20: ELECTRICAL WHOLESALE MARKET SHARES 1996 BY VALUE

CHART 21: MERCHANTS MARKET SHARES 1995

TABLE 23: KEY SUPPLIERS - MARKET SHARES BY VALUE

TABLE 24: KEY SUPPLIERS - POSITIVE DISPLACEMENT PUMPS

TABLE 25: KEY SUPPLIERS - CENTRIFUGAL PUMPS

TABLE 26: ENGINEERING SALES OUTPUT CHANGES

TABLE 27: ENGINEERING OUTPUT BY SIC CODE £BN

TABLE 28: ENGINEERING OUTPUT BY SIC CODE £BN

TABLE 29: MERCHANT SHIPBUILDING - ORDERS

TABLE 30: THE PRODUCTION OF CARS & COMMERCIAL VEHICLES IN THE UK 1990-1996

CHART 31: PDI & SAVINGS RATIO

TABLE 32: NUMBER OF PROPERTY TRANSACTIONS IN ENGLAND AND WALES 1988-1996

TABLE 33: CONTRACTORS OUTPUT - NEW WORK AND RMI NON HOUSING - CURRENT PRICES (£M)

TABLE 34: NEW ORDERS OBTAINED BY CONTRACTORS 1990-1996 CURRENT PRICES

CHART 35: INTEREST RATES AND INFLATION (RPI) FROM 1990-2000

Back to Top

EXECUTIVE SUMMARY

The UK pump market is extremely diffuse in terms of end-use sectors but is becoming more concentrated in the manufacturing sector. Although a large number of manufacturers build a relatively wide range of pumps, ownership of some of these companies is passing to multi-national concerns with global interests resulting in greater manufacturing concentration.

The total market in 1997 is estimated to be £620m at manufacturers' prices, which represents an increase of around 4 percent over the previous year.

Growth increased steadily between 1993 and 1996, and this growth is attributed to an initially rapid recovery in manufacturing investment, which slowed in early 1996.

Projected growth for pumps 1997-2000 has been conservatively forecast at around 4 percent, taking into account growth forecasts for the Engineering Manufacturing Industry (3.1 percent), and the estimated continuing high level of exports and imports. Also taken into consideration are the influence of trends in the end-use sectors. Projected development in 2001 and 2002 is estimated to be stable, following the completion of millennium projects and forecast downturn in GDP growth.

The pumps market is influenced by a very wide range of factors, both at the macro level and at the micro level. Macro factors include the influence of the major end-use sectors such as water and sewage, oil and gas, power generation, marine and industrial, including construction and chemical/petro-chemical. Whilst some sectors are growing, others are stable or declining in overall terms.

Micro factors are favourable in so far as:

• Pumps are unlikely to be replaced by another type of product - no technology substitution.
• The media handled by pumps is unlikely to change.

In fact, the market is unlikely to be eroded by "competitive" technology, and will remain relatively stable. Micro factors focus more on materials technology e.g. lined pumps or pumps made of special materials - and drive technology, rather than the substitution of a pump by another product.

It is forecast that marginal expansion of the UK pump market will be driven by "niche" applications, for example:

• Increased capital expenditure programme in the water and sewage industry:
• Sub-sea pumping of multi-phase media in oil and gas:
• Pumps for cargo handling and transfer from floating oil production platforms to bulk tankers for on-shore delivery.
• 15 projects and the Jubilee line, in construction, for the millennium.
• 1999-2002 renewal of 1960's built fossil-fuelled power stations.
• Environment-driven requirements e.g. increased application of flue gas desulphurisation:
• Expansion of vacuum pumps for petrol vapour extraction hoods, packaging of food, etc to avoid contamination.

Overall, consumer demand for finished goods, such as cars, is likely to stimulate demand in manufacturing applications. In addition, further capital investment in automotive companies and other industrial undertakings may lead to increased use of pumps in the medium term-future.

The two key sectors of the UK pumps market, under our definition, are "centrifugal" and "positive displacement". There are several major suppliers to both sectors, including Weir pumps, Ingersoll-Dresser and Sulzer.

There is a trend towards greater concentration in the UK pumps industry, for example during 1997 ITT took over Goulds. There is also a move towards "globalisation", whereby manufacturing subsidiaries are established in "foreign" countries. One of the advantages of globalisation is that the varying strength of the Pound Sterling (or other local currency) does not affect overseas pump business to the same extent as a fully UK-supplied operation.

Distribution of pumps is served by Electrical Wholesalers, Plumbers and Builders Merchants, Independent/Local Pump Distributors, Regional Depots and National Distributors, Multi-Depot Regional Distributors, Hire and Sale outlets, Direct/OEM, and Agriculture and Marine.

This comprehensive report represents a detailed assessment of the market, reviewing major trends, key factors influencing developments and future prospects for the sector. Analysis is both quantitative and qualitative, based on our substantial experience of the building and home improvement markets.

Text © 1998 AMA Research

Back to Top

Back To REPORTFINDER HOME PAGE

Ariadne - working together with our customers to enhance productivity and increase knowledge

© 1999 www.the-list.co.uk Ariadne

Last updated by Duncan Nottage 1st February 1999