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” provides a comprehensive analysis of Vietnam pumps market. The report focuses on overall market size, segmentation by type of pumps (Centrifugal, positive displacement, submersible non submersible and others). The report also covers the overall competitive landscape and Market Share of Major Players. The report concludes with Key Metrics and Profiles regarding Major players of the Market.
Vietnam Pumps Market Overview and Size
Vietnam Pumps Market in terms of revenue has increased at a positive double digit CAGR during the period 2013-2018. Currently, the market is at growing stage, with few major companies operating in this space which has provided manufacturers the freedom to decide pricing patterns for various centrifugal and positive displacement pumps. End customers had mainly focused on important parameters such as quality, efficiency and after sales service of pumps rather than price while purchasing pumps. The increasing demand for Water filtration projects and new industrial Manufacturing units led to an increase in sales of Pumps in Vietnam. Global players started entering the market through 100.0% owned subsidiaries, some even stared Manufacturing Plants such as Ebara in the year 2013.
By End Users: Commercial and industrial sector accounted equal revenue share, whereas government sector accounted least revenue share in the overall Vietnam pumps market. Government has started Public Projects in Water treatment from the year 2011 which has fuelled the demand of pumps from commercial and industrial sectors.
Competitive Benchmarking in Vietnam Pumps Market
The market is moderately fragmented, with international players currently dominating the market.
Major Players which has been covered in the market include (International Players) Grundfos Vietnam, KSB Vietnam, Ebara Vietnam, WILO Vietnam and (domestic players) HAPUMA, Sai Gon Industrial Service and others. These market players compete on the basis of Price, In House Production Vs Imports, Industries Served, Warranty and Quality of Products.
The report covers market share, revenue and revenue mix, number of plants, production area, certification, number of employees and distributors, warranty, strength and weakness, best selling products, product portfolio.