“Increase in Floor
Area constructed for Household and Office use coupled with rising Water
Consumption has driven the Vietnam Pumps Market”.
The
report titled “Competition Benchmarking in Vietnam Pumps Market –
HAPUMA, Ebara Vietnam, Grundfos Vietnam, WILO Vietnam, KSB Vietnam, IWAKI
Vietnam, TSURUMI Pump Vietnam Company, INTECH Pump, SAIGON Industrial Pump JSC
Vietnam” by Ken Research suggested
that Vietnam Pumps Market has been increasing due to rising demand from
commercial and industrial end users, increasing government investment in
infrastructure and irrigation activities.
The
market is expected to register a positive CAGR of 9.1% in terms of revenue
during the forecast period 2018-2023E.
Rising
number of Office Spaces Constructed: Vietnam is developing at a rapid rate, in terms of industrial
and commercial development. Vietnam has witnessed an increase in area of office
spaces constructed which has further fueled the overall demands for Pumps in
Vietnam. The Office spaces area constructed was 3,150.0 Thousand Square Meters
in 2018 and in future it is anticipated that will reach up to 3,451.1 Thousand
Square Meters in 2023.
Rising number of Household Floor Spaces Constructed: In Vietnam, it has
been observed that the demand for pumps has increased due to surge in the area
of household floors constructed as this has directly impacted the demand for
HVAC pumping Systems in the country. The Household floor area constructed has
reached to 116.8 Thousand Square meters in 2018 and in future it is expected
that this will further increase and reach upto 161.6 Thousand Square meters in
2023.
Increasing Water Consumption: Vietnam has witnessed rising demands for Drinking and
Useable water due to which Government and Private Players has installed new
water filtration plants from the year 2011, which has subsequently increased
the demand for Pumps in Vietnam. Water Consumption in Vietnam has reached to
8.5 Million Cubic Meters in 2018 and in future it is anticipated that it will
reach up to 13.8 Million Cubic Meters in 2023, which will further augment the
demand of pumps in the country.
Key Segments Covered:-
By Type of Pumps
Centrifugal Pumps
Submersible
Pumps
Single
Stage Submersible Pump
Multi-stage
Submersible Pump
Non-Submersible
Pumps
Positive Displacement Pumps
Rotary
Pumps
Reciprocating
Pumps
By End Users
Industrial
Sector (Manufacturing, Mining, Power and Oil etc)
Government
Sector (Government Projects)
Commercial
Sector (Building Construction)
Key Target Audience:-
Distributors
Infrastructure
Companies
Government
Associations
Private
Equity and Venture Capitalists Firms
Pump
Manufacture
Time Period Captured in the Report:-
Historical Period: CY’2013-CY’2018
Forecast Period:
CY’2019E – CY’2023E
Companies Covered:-
Grundfos
Vietnam Co., Ltd.
KSB
Vietnam Co., Ltd.
EBARA
Vietnam Pump Company Limited
WILO
Vietnam Co. Ltd
Hai
Duong Pump Manufacturing Joint Stock Company
Intech
Pumps
Tsurumi
Pump Viet Nam Co., Ltd.
Iwaki
Pumps Vietnam
Sai
Gon Industrial Service
Datapoints Covered on Competition
Market
Share
Revenue
and Revenue Mix
Number
of Plants
Production
Area
Certifications
Number
of Employees and Distributors
Warranty
Strength
and Weakness
Best
Selling Products
Product
Portfolio
For more information on
the research report, refer to below link:-
Related Reports:-
India Pumps Market Outlook
To 2019 - Driven By Government Investments And Technological Advancements
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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