This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Building Refurbishment And EU Legislation Set To Drive Demand For Pumps, Says Frost & Sullivan





LONDON, Jan. 25, 2013 /PRNewswire/ -- Even as new construction activity slows across a crisis-hit Europe, end-user investments in the refurbishment of existing buildings will be the primary driver in the pumps market for commercial and industrial buildings.

New analysis from Frost & Sullivan ( http://www.industrialautomation.frost.com), Strategic Analysis of the European Pumps Market for Commercial and Industrial Buildings, finds that the market earned revenues of $857.9 million in 2011 and estimates this to reach $943.6 million in 2016. While the refurbishment segment will drive growth over the short- to medium-term, the projected revival of new building activity will boost the demand for pumps over 2012-2016.

"As end users seek to reduce the environmental impact of existing buildings, the renovation and retrofitting of buildings is expected to grow in the short-term," explained Frost & Sullivan Industrial Automation & Process Control Research Associate Niranjan Paul. "Government incentives in Germany, France and Scandinavia, targeting the retrofitting of buildings will promote the demand for pumps in the building refurbishment segment."

Another positive development has been the strict enforcement of regulations pertaining to energy consumption in buildings. Legislation such as the Energy Performance of Buildings Directive has set a target to reduce energy consumption in buildings by 20.0 percent by 2020.

Another directive that is expected to impact the pumps market for commercial and industrial buildings is the Ecodesign Directive for energy related products (ERPs). This directive, which addresses the environmental impact of buildings in terms of the products that are used, is poised to be enforced from 2013 onwards.

"EU legislations, as well as the need to reduce power consumption and increase energy savings will, therefore, underpin the continuing end-user preference for energy-efficient pumps," stated Paul. "European pump manufacturers have to develop innovative, environmentally-friendly products that support energy savings for end users."

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs