Increasing production activities, coupled with urbanization and industrialization in Asia-Pacific and BRIC nations, are the major growth opportunities of the dosing systems market. The increasing impetus given by national governments on water and wastewater treatment is also driving the market.
The leading companies of the dosing systems market focused on new product/technology/service launches and agreements & collaborations to enhance their business reach. Hence, the above mentioned activities seemed to be a trend that was followed by major industry players as their growth strategy. However, the major challenge before the key players in the industry would be the increasing cost of raw materials and increased customized demands from the buyers of dosing systems.
The companies that lead the dosing systems market currently include IDEX Corp. (U.S.), Grundfos GmbH (Denmark), Seko S.p.A (Italy), SPX Corp. (U.S.), and Prominent GmbH (Germany). However, as this is a very dynamic market, one innovation could give a company a competitive edge over the others.
The lack of greenfield investments and maturing European markets are the major restraints for the players of the dosing systems market. Most of the companies are based in Europe where the market has slowed down. To counter this situation, companies have been trying to increase their geographic presence and market penetration in other regions by launching new and advanced products & technologies. Additionally, well-known and established brand names in the market have an edge in the dosing systems market.
The major service providers are based in Europe and focus on countries of other regions for their market expansion. Hence, investment in these regions through setting up new bases provides the companies a competitive edge to access local businesses. As countries in the Middle East have decided to diversify their economies to reduce dependence on oil, the region serves as an attractive destination for dosing system manufacturers.
Companies such as IDEX Corp (U.S.), Grundfos GmbH (Denmark), Seko S.p.A (Italy), SPX Corp. (U.S.), and Prominent GmbH (Germany) have been the most active companies from 2011 to 2013. Most of these market players are present in the European and North American region and have been actively participating in competitive developments for the dosing systems market.
The dosing systems market is mainly governed by a few major players and the rest of the market share is divided between smaller companies. Top players in this market include IDEX Corp (U.S.), Grundfos GmbH (Denmark), Seko S.p.A (Italy), SPX Corp. (U.S.), and Prominent GmbH (Germany).
Dosing Systems Market by Pump Type (Diaphragm, Piston, and Others), by Application (Water and wastewater treatment, Oil & Gas, Chemical Processing, Pharmaceuticals, Paper & Pulp, Food & Beverages, and Others), & Region - Global Trends and Forecasts to 2019
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