Adoption of industrial pumping systems is likely to increase in several end-use industries such as chemicals and petrochemicals due to the resistivity towards different hazardous chemicals and durability. Increased deliverable pressure about time is anticipated to propel the demand for industrial pumps. The global industrial pump market size was valued at USD 62.6 billion in 2019 and is expected to expand at a CARG of 5.9% over the forecasted period.
The Industrial Pump Market domain is a huge realm and it also includes the centrifugal pumps which are not in the manufacturing program of Pumpsquare System. Considering the ones the firm is in, it would estimate about 200 cr. as the market size and it is only catering to 0.5% of that market. This year, as well as for the next couple of years, the size of the market is growing as the Indian companies are looking for an alternative solution to the imports, and the Indian Manufactured Equipments, Machines, and Products get better exposure to the Global market.
The firm always tries to meet the customer utilizing the available tools to the best of its capability, using the combination of Solidworks & ERP to overcome the needs of the customer. Solidworks is mainly for designing, drawing generation, estimation of component cost, and generating animated videos.
Whereas, ERP is to make pump selection, generating datasheets and Quotation, application history, troubleshooting chronology guide, and monitoring the Production Planning on daily basis. Besides that, the company regularly carries out a pump training schedule at customer's end to improve the pump reliability and promote the use of electronics on the pumps for IoT.
Right Pump for Right Application
Pumpsquare System is a company manufacturing and marketing pumps, process equipment, and installations. The pumps manufactured by the company include Progressive Cavity Pumps, Twin Screw Pumps, Triple Screw Pumps, Gear Pumps, Lobe Pumps, Vane Pumps, Shuttle Block Pumps, and Thermic Fluid Pumps. Its major specialization is to do cost-effective production systems and nerve tight – deviation less quality systems.
The company regularly carries out a pump training schedule at customer's end to improve the pump reliability and promote the use of electronics on the pumps for IoT
The pump design and execution methodology has lead to the supply of Triple Screw Pumps for critical application where the flow is about 1000 LPM and Discharge Pressure is 120 Bar for Hydro Power Plant – DAM Water Valve Control, the supply of Pumps for spraying Concrete, the supply of quick spares and solution to BHEL Engineers, to reduce the downtime and fast pace the commission of pumps, the supply of Triple Screw Pumps to Replace Lubricating Gear Pumps as the OEM couldn't supply as it was out of product line, the supply of Gear Pumps as Main Oil Pump, shaft mounted and bidirectional or reversing duty application with unidirectional Flow and lastly the supply of cartridges and pumps for replacement of existing installed Pumps at various power plants.
Pumpsquare is looking forward to the process of developing ingenious Peristaltic Pump, Vane Pumps, and Multiphase Pumps. Currently, at the designing stage, the firm intends to launch Vane Pumps to cater to the needs of LPG and LNG Pumping demands, which will undergo approval with various boards like the U/L. Multiphase Pumps is a long term (5 years) project and would be twin screw pumps with screw diameters ranging from 200 mm to 650mm with various electronics embedded on the pumps to maintain duty points and to have increased reliability in SEA Operation. For this, the company is in the process of procuring custom building new machines for cutting the larger diameter of screw followed by a bigger testbed.