NEW RELEASE                                                                                                      DECEMBER 2012

World Pump Sales to Grow 25 Percent to $46 Billion in 2017

World industrial pump sales will grow at 4 percent/yr to $46 billion in 2017. This is the latest forecast in Pumps World Markets published by the McIlvaine Company.

The forecast is in constant 2010 dollars. When inflation is included, revenues will rise by more than 5 percent/yr over the next five years.

The revenue growth rate for the largest pump suppliers will exceed the 5 percent average for two reasons:

  • Organic growth will be      significant
  • Acquisitions will be an      important factor

Projections for revenue growth by the companies and independent analysts have been tabulated.

Pump Company Revenues Growth %

2011 Rankings

Company

2011 % Increase

2012 % Increase

2013 % Increase

2014 % Increase

2015 % Increase

1

Xylem

18.84%

4.39%

5.79%

 

 

2

Flowserve

11.86%

5.79%

7.19%

5.10%

 

3

Sulzer Ltd.

-4.96%

9.45%

14.08%

6.04%

 

4

Weir Group

40.20%

14.42%

5.31%

3.13%

 

5

KSB

7.83%

8.67%

4.38%

4.68%

 

6

Schlumberger

44.06%

9.34%

10.42%

11.51%

 

7

Ebara

-17.14%

2.36%

-2.86%

4.96%

0.77%

8

Baker Hughes

105.20%

10.80%

7.60%

9.66%

 

9

Edwards

 

14.99%

8.66%

6.07%

 

10

Gardner Denver

25.12%

2.45%

0.99%

7.22%

 

11

IDEX

21.48%

9.41%

5.52%

7.30%

 

12

National Oilwell   Varco

20.58%

34.77%

14.50%

8.51%

 

13

GE

-1.94%

2.00%

4.83%

3.88%

 

Xylem generates 70 percent of its revenues from its “transport” or pump group. The other 30 percent comes from “trial” and “test.” Analysts are expecting close to 6 percent revenue growth in 2013.

Analysts anticipate an average growth of 6 percent for the second largest supplier, Flowserve. Relatively high rates of growth are forecast for Sulzer, Weir, KSB and Schlumberger. GE is projecting relatively low growth. However, its pump group generates a small share of total revenues.

For more information on Pumps World Markets, click on: http://www.mcilvainecompany.com/brochures/water.html#N019