Freedonia Group Inc.

World demand for pumps to approach $84 billion in 2018

According to a new study from the Freedonia Group Inc., the Asia-Pacific region will generate 44% of new pump demand through 2018. Still, the U.S. will remain the largest national market through 2018.

Global demand for lighting fixtures to exceed $175 billion

Global demand for lighting fixtures is projected to increase at a 6.9% annual rate through 2018 to $175.5 billion, bolstered primarily by industrialization efforts in developing nations.