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New Infrastructure Projects and Energy-efficiency Regulations Drive Demand for Advanced Industrial Pumps in Turkey, Finds Frost & Sullivan

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New Infrastructure Projects and Energy-New Infrastructure Projects and Energy- efficiency Regulations Drive Demand for Advanced Industrial Pumps in Turkey, Finds Frost & Sullivan PR Newswire LONDON, Oct. 14, 2013 -- Mergers and acquisitions increase as local participants look for R&D funding Increasing greenfield projects and rising infrastructure investments are expected to drive demand for industrial pumps in the Turkish market. Energy-efficiency regulations present further growth potential for technologically advanced industrial pumps. This will have a huge impact on the market as local manufacturers scout for mergers and acquisition opportunities to offset the high costs of research and development (R&D). New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com), Analysis of the Industrial Pumps Market in Turkey, finds that the market earned revenues of $478 million in 2012 and estimates this to reach $814 million in 2017. Of the centrifugal pumps (single-stage, multi-stage, axial and mixed-flow, submersible, and seal-less and circulator) as well as positive displacement pumps (rotary, reciprocating and peristaltic) covered in the study, single stage centrifugal pumps are expected to find more takers due to their competitive prices.

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Informations

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Published 14 October 2013
Reads 6
Language English
New Infrastructure Projects and Energy-efficiency Regulations Drive Demand for Advanced Industrial Pumps in Turkey, Finds Frost & Sullivan

PR Newswire

-- Mergers and acquisitions increase as local participants look for R&D funding

Increasing greenfield projects and rising infrastructure investments are expected to drive demand for industrial pumps in the Turkish market. Energy-efficiency regulations present further growth potential for technologically advanced industrial pumps. This will have a huge impact on the market as local manufacturers scout for mergers and acquisition opportunities to offset the high costs of research and development (R&D).