Briggs & Stratton Power Products - Competitors

Briggs & Stratton Power Products Competition

Now Viewing Briggs & Stratton Power Products's competition in: Motor, Generator, Pump, and Compressor Mfg

Recent Developments

Imports Increase - US imports of pumps and pumping equipment and motors and generators rose in the first five months of 2008 compared to the same period in 2007. Imports of pumps and pumping equipment increased nearly 21 percent, with strong growth in Norway, the UK, Italy, Sweden, and Mexico. Motor and generator imports saw a modest 4.3 percent rise, led by Denmark, which climbed more than 200 percent. Imports of air and gas compressors fell 1.6 percent.

Durable Goods Production Drops - Industrial production of durable consumer goods, a demand driver for motors, generators, pumps, and compressors, dropped 7.1 percent in June 2008 compared to a year earlier. Production of auto products decreased 9.6 percent, while household appliances fell 7.9 percent. A sluggish US economy is causing many to postpone large purchases until signs of a recovery.

Prices Rise on Higher Materials Costs - Higher prices for raw materials are causing makers of motors, generators, pumps, and compressors to raise prices. Producer prices for pumps, compressors, and equipment rose 5 percent in June 2008 compared to a year earlier; motor, generator, and motor generator set prices increased 4.3 percent. These price increases aren't, however, keeping pace with the increased cost of raw materials. Producer prices for iron ore grew nearly 13 percent, and 7.3 percent for copper ore. The gap between price increases for end-products and raw materials may suggest lower profit margins for makers of motors, generators, pumps, and compressors.

Competitive Landscape

Industrial and manufacturing companies drive demand. The profitability of individual companies depends on efficient production. Small companies can compete by specializing. While larger companies, like GE, produce mainly a standard line of products, smaller companies are more likely to adapt products for customers' special needs. The industry is fairly automated: average annual revenue per worker is close to $200,000.

Full Industry Overview For Motor, Generator, Pump, and Compressor Mfg

Motor, Generator, Pump, and Compressor Mfg Industry Forecast

from Hoover's/D&B subsidiary First Research

The output of US motors, compressors, pumps, and generators is forecast to grow at an annual compounded rate of 4.5 percent between 2008 and 2013.

Motor, Generator, Pump, Compressor Growth Steadies

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.