DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4hpj7z/global_metering) has announced the addition of the "Global Metering Pump Market 2014-2018" report to their offering.
The analysts forecast the Global Metering Pump market to grow at a CAGR of 4.04 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for safe drinking water. The Global Metering Pump market has also been witnessing the increasing popularity of digital pumping solutions. However, the increasing price wars among vendors could pose a challenge to the growth of this market.
Key vendors dominating this space are Nikkiso Co. Ltd., Idex Corp., Grundfos Pumps Corp., and Dover Corp.
Other vendors mentioned in the report are Alltech Dosieranlagen GmbH, Blue White Industries Ltd., DEPAMU Pump Technology Co. Ltd., EMEC Ltd., ProMinent Dosiertechnik GmbH, Seepex GmbH, Seko S.p.A, Spx Corp., and Watson Marlow Pumps Group.
Commenting on the report, an analyst from the team said: The increased popularity of digital pumping solutions is a major trend in the Global Metering Pump market. Digital pumps have process controllers and variable speed drives. The advanced digital pumps are capable of detecting flaws in the system such as cavitation and thus provide efficient service. The adoption of digital technology has increased the accuracy and the efficiency of the metering pumps. Moreover, the digital pumps are capable of monitoring the flow and speed of the fluid with more accuracy. This trend is expected to boost the Global Metering Pump market during the forecast period.
According to the report, one of the major growth drivers in the market is the increasing demand for safe drinking water. The demand for safe drinking water is increasing at a very high rate globally.
For more information visit http://www.researchandmarkets.com/research/4hpj7z/global_metering
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