In competitive landscape, the report chapter covers growth strategies adopted by the companies between 2015 and 2017. The companies adopt various strategies to achieve leading market positions in the global submersible pumps market, or to retain and/or expand their market share. The key strategies followed by most companies within the global submersible pumps market was that of merger & acquisition.
The key players of the global submersible pumps market are Xylem Inc (US), Grundfos Group (Denmark), KSB Group (Germany), Sulzer Ltd (Switzerland), Flowserve Corporation (US), The Weir Group PLC (UK), Ebara Corporation (Japan), Atlas Copco AB (Sweden), Tsurumi Manufacturing Co., Ltd. (Japan), and The Gorman-Rupp Company (US).
The global submersible pumps market is primarily dominated by top companies, namely KSB Group (Germany), Flowserve Corporation (US), Grundfos Group (Denmark), Sulzer Ltd (Switzerland), and Xylem Inc (US). KSB Group (Germany) held the largest market share of 12.89%, followed by Flowserve Corporation with 10.82% and Grundfos Group with 8.45%. The key strategies adopted by the company is that of merger & acquisition
TABLE 1 Agreement & contract of key players in Global submersible pumps Market, 2015-2017, (%)
April 2018
Ebara Corporation shipped 1,000 mm-bore large-size submersible motor pumps to a pump station in Ho Chi Minh, Vietnam. These pumps are of the largest in the market.
August 2017
Ebara Corporation shipped a submersible motor pump with world-leading output of 3 350 HP (2 500 kW) for a pump station in Las Vegas, Nevada, US.
TABLE 2 partnership & collaboration of key players in Global submersible pumps Market, 2015-2017, (%)
September 2018
Grundfos and Augury entered a partnership, in order to offer Grundfos’ current and future customers new, digitally enabled products. This partnership will accelerate and digitally enable its service offerings and make water & pump systems more reliable, sustainable and resilient in the future.
TABLE 3 New Product Development of key players in Global submersible pumps Market, 2015-2017, (%)
October 2018
Tsurumi launched Submersible High-Head Corrosion-Resistant Pumps (Single Impeller) LH-14 and Submersible High-Head Corrosion-Resistant Pumps (Dual Impellers) LH-W-14.
October 2018
Tsurumi launched Submersible Corrosion-Resistant Pumps SFQ (Construction) for construction application.
TABLE 4 Expansion of key players in Global submersible pumps Market, 2015-2017, (%)
March 2018
Xylem Inc. opened a new 1,100 square meters commercial facility in Warsaw as part of ongoing investment in Poland, which includes a service and maintenance hub, office space, and a warehouse,
November 2017
Grundfos expanded its presence in China by opening its sales office in Zhengzhou, China, which is expected to be an important strategic tread stones for extending its reach.
October 2016
Xylem announced the opening of a new pump rental and service business in Dubai to serve the growing demand in the construction sector along with municipal customers, across the Middle East and North Africa.
April 2016
Grundfos expanded its presence in Africa with the opening of new facilities in Nairobi, Kenya, and in Cape Town, South Africa to strengthen its activities in East Africa.
TABLE 5 Merger & Acquisition of key players in Global submersible pumps Market, 2015-2017, (%)
April 2018
KSB acquired Dubric Industries. The acquisition will enhance after-sale service and support capabilities of the company.
September 2018
Ebara Corporation announced the merger of its two subsidiaries in Brazil. It integrates the EIMCO submersed pump business and THEBE surface pumps business, to enhance the production and sales figure of the company in Brazil. The entity formed is known as Ebara Bombas América do Sul Ltda. (Ebara Pumps South America - EBAS).
February 2017
Sulzer acquired Ensival Moret (EM), a part of Moret Industries. The acquisition enables Sulzer for integrating EM in its Pumps Equipment division, which is expected to enhance the pump capabilities of the company.
October 2016
Patterson Pump Company, a subsidiary of The Gorman-Rupp Company acquired Morrison Pump Company in Hollywood, Florida.
July 2016
Sulzer acquired GEKA GmbH. The acquisition brought strength to pumps equipment and rotating equipment services division.
January 2016
Atlas Copco acquired Varisco, an Italian pump manufacturer. The acquisition has been made with the objective of enhancing the pump manufacturing capabilities and strengthen its sales network for pumps.
September 2015
Ebara Indústrias Mecânicas e Comércio Ltda. (“Ebara Brazil”) announced the acquisition of Thebe Bombas Hidráulicas S.A., a pump manufacturing company in Brazil.
April 2015
Sulzer acquired MATIS INTERVENTIONS SARL, a French company for pumps equipment division. The acquisition will improve the company’s services in the French market, especially in the nuclear business.
