Abstract
Demand to grow more than 10% per year through 2011
The fluid handling pump market in China has expanded 17.3 percent a year
during the last five years and reached ¥38.1 billion in 2006. Demand is
projected to increase 10.5 percent per annum through 2011 to ¥62.9 billion.
Gains will be driven by strong growth in pump-using industries in China, such
as process manufacturing, public utilities and resource extraction.
Utilities construction market to post strong gains
The utilities segment is expected to post double-digit annual gains through
2011, benefiting from a large and increasing population, and further
industrialization and economic expansion, which generate high demand for power
and water from residential, commercial and industrial markets. In addition,
the Chinese government' s "Go West" strategy will boost utility pump demand in
China' s relatively underdeveloped western regions.
Study coverage
It presents historical demand data (1996, 2001 and 2006) plus forecasts for
2011 and 2016 by type, market, and region. This study also assesses market
environment factors, evaluates company market share and profiles Chinese
industry competitors.
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