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Equipment Forecast – Centrifugal Pumps

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The Centrifugal Pump Market Forecast assesses the spending being made across process and utility systems within 12 industrial markets. The forecast shows spending demand on centrifugal pumps, split into capital projects and maintenance, repair & overhaul (MRO) projects.

Capital-related spending includes pump equipment costs, services, labor and consumables. The project types that make up the capital spending category includes new plant construction (grassroot, brownfield) and in-plant works, which include process expansions, additions, debottlenecks, modifications, relocations, revamps, retrofits, conversions, compliance, automation, remediation, renovation, optimization, rebuilds, refurbishments, consolidations and upgrades.

MRO-related spending includes all equipment repair costs, labor, services and consumables. The types of events would include in-plant maintenance (planned shutdowns, outages and turnarounds) and unplanned unit maintenance activity, plus any plant- and unit-level contract agreements, including long-term service agreements (LTSAs) for services and contract labor. The maintenance budget includes minor to major maintenance turnaround costs, as well as daily ongoing maintenance.

Industries: Additional industry breakdowns are covered for those industries with a high demand for heavy lifting equipment:

  • Chemicals Processing (Petrochemicals, Fertilizers, Plastics & Rubbers, Other)
  • Metals & Minerals (Mining, Minerals, Steel, Cement, Other)
  • O&G Pipelines
  • O&G Production (LNG/GTL, O&G Processing)
  • O&G Terminals
  • Power Generation (Aggregate forecast across all fuel types)
  • Petroleum Refining
  • Metals & Minerals (Aggregate view across Metals Processing and Mining)
  • Industrial Manufacturing (Aerospace, Auto, Heavy Manufacturing, Marine, Other)
  • Pulp & Paper (Manufacturing, Pulp & Paper Mills)
  • Food & Beverage
  • Alternative Fuels

Current Geographies: The North America products is immediately available for sale off the storefront. The current product can be further adapted to include coverage in other market regions globally.

Additional Geographies: Extending/expanding the current coverage of the product globally or other market regions outside North America will require an additional 7 days fulfilment time.

Regional Segmentation: North American spending is split by Market Region and State level.

Delivery: The product is made through IIR's Online Forecast Analyzer, which allows users to query data, export statistics and download graphs dynamically generated from query results.

Updates: Quarterly.