The large companies are getting bigger. ITT bought Goulds, and Flojet in September 1999, increasing market share. And the list goes on. Smaller companies are forced to look at every cost cutting method available, so as to maintain an economically viable operation, and are expanding into niche markets as a means of survival. Pricing issues also have impacted pump manufacturers negatively.
Pricing is extremely competitive.
Prices are rising only minimally, and in some cases, not even tracking inflation. It is easier for larger companies to absorb these costs. End-users fail to realize that although the initial purchase cost will be lower, the strain of running at full output will reduce the life of the pump. Perhaps the answer lies right in front of the manufacturer in the way these pumps are promoted. Pump manufacturers need to take a closer look at what end-users need.