Dubai PR Network, Online Press Release from Dubai and Middle East
 
Technology, Computers & IT(Technology)
Filter PR by
  
Panasonic Eco Solutions to Address Residential Water Supply Systems
 

Dubai, United Arab Emirates: According to a Frost and Sullivan Market study, undertaken for Panasonic, UAE’s urban population is expected to grow to 9.6 Million by 2020, accounting for 86.7% of the population by that year.

UAE’s residential pumps market was estimated around USD 63.8 Million in 2014 by Frost & Sullivan and considering these figures, Panasonic Eco Solutions division expects the residential water pump market to reach USD 83.4 million by the end of 2017 with estimated demand to see CAGR of 9.5% until 2020.

With a wealth of experience in energy storage (battery), solar panels (HIT), smart metering and water pump technology, the company is aiming to bring in solutions that ensure sustainable use of energy and optimisation of water resources. Panasonic Eco Solutions Company sees strong business potential in the Middle East for its wide range of eco-friendly products. The company expects to achieve 20% growth in this segment by 2018 and is investing into development of products that are top of the class in terms of innovation, efficiency and durability.

Panasonic’s Eco Solution Dy. Managing Director for Hong Kong, Mr. Yuu Kai, while addressing media and partners at a roundtable held on Sunday (5 March 2017) said that UAE and the Middle East, in general, is a strong market for Panasonic’s eco-friendly products such as Indoor Air Quality Solutions and water pumps due to specific environment conditions prevailing in the region, where sand storms and water resource management present challenges. He added that countries in the region, amidst challenges in meeting the growing water requirement for its rapidly growing population, industrialisation, are expected to spend on projects that will optimise available water use.

Demand for industrial pumps and residential water pumps have increased in the recent times, with non-oil industries like power generation, desalination, and wastewater treatment seeing continuous growth. The region is also investing hugely to better manage the scarcely available sweet water and prevent contamination.

Some of the trends viewed as important in the eco solutions industry in the region include the demand for energy efficiency and long-term service agreements, which are witnessing growing preference in the GCC. Panasonic with its local partners Al Futtaim is planning to bring in solutions that are better aligned with the local government’s plans in renewable energy generation, energy efficiency, water resource management and sanitation projects.

Highlighting the product portfolio that the company is offering for the Middle East region, Mr. Hidenori Matsubara – Deputy General Manager, Panasonic Eco Solutions (Middle East & Africa) commented, “Being a customer centric company, Panasonic always customizes its products to offer best matching solutions for the customers and make their lives convenient. Our Eco Solutions products for Middle East are designed keeping in mind the climatic conditions, required durability and specifications.”

He added, “Water is an essential part of life and the consistent rise in population definitely compels us to bring in our high-quality water pumps to address the future needs of Middle Eastern markets.”

Panasonic has a long history of Water Pumps business dating back to 1955. Panasonic Manufacturing Indonesia started manufacturing Water Pumps in 1988 and since then the brand has earned trust of its customers while gaining no. 1 market share in Indonesia.

In March 2017, Panasonic Eco Solutions Middle East & Africa added ‘Water Pumps for residential purpose’ as a new category to their existing business portfolio offering Indoor Air Quality solutions. The pumps boast high performance, durability and reliability for the Middle East region offering an edge over other competition brands.

Panasonic has introduced 4 models of Water Pumps ranging from 0.5 HP to 2.0 HP which offer good suction, better head and comparatively high flow rate compared to other competitor brands available in the market. The product is specifically designed to withstand temperatures up to 50 degrees Celsius. Other brands currently available in the market can perform up to 40 degrees Celsius. The pump sets are capable of handling water of temperatures up to 90 degrees Celsius with maximum head of 46 m and flow rate as high as 154 L/min.

General Manager of Al Futtaim Panatech, Mr. Mausham Basu said, “UAE, the host of Expo 2020, is seeing a rapid boost in the housing market. High-end apartments and villas are witnessing significant demand due to the considerable amount of young, independent professionals in the country, especially in Dubai and Abu Dhabi. Therefore, due to the rising numbers of residential projects in the country, we see a huge demand of water pumps and aim to supply the best-in-industry products to our customers.”

Panasonic Water Pumps are available at Al Futtaim Panatech (Panasonic’s UAE channel partner) Showroom in Deira (Dubai – United Arab Emirates). 


Posted by : Dubai PR Network Editorial Team
Viewed 5240 times
PR Category : Technology
Posted on : Monday, March 6, 2017  4:55:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Souqplace.com shares insights on e-commerce trends in the UA...
Next Story : HID Global Partners with Infineon Technologies (IFX) to Enha...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Safilo Group Reveals Its Spring/ Summer 2018 Collection [8253-Views]
Redefining the Skin Clinic Experience. #allnewkaya opens in Muscat City Centre! [7088-Views]
Optim-Eyes Lashes & Brows with Filorga [6759-Views]
Catch Some Zzz's in the IKEA Nap Truck [6728-Views]
South African artisans of fine leather products look to make big impression at Leatherworl... [5874-Views]
Raymond Weil's Freelancer Ladies [5673-Views]
Dual Investments Brand LE66 to Relocate from City Walk to New Dubai Location in 2018 [5496-Views]
Tag Heuer Carrera Heuer 02 [5258-Views]
Global Expansion in sight for ICONS© Coffee Couture [5191-Views]
Do You Feel Sleep Deprived? Nearly Half of UAE Would Give Up Social Media for an Extra Hou... [4972-Views]
Galderma's “Leave Your Mark” Mobile Clinic heightens awareness of skin diseases amongst yo... [4691-Views]
15,000 participate in the Dubai Cares' annual Walk for Education 2018 in support of childr... [4441-Views]
Indian FMCG Conglomerate Hamdard Laboratories brings “The Drink of India” - RoohAfza to UA... [4380-Views]
Pink Caravan Ride Launches Mobile Mammography Clinic to Offer Specialised On-the-spot Scre... [4069-Views]
Preparing the perfect table setting with Bits & Pieces [4032-Views]
Capillary's digital growth initiative ‘Accelerate' partners with Google [3898-Views]
Middle East Fuji LLC exhibits the Gold medalist of Japanese branded “Kobe Beef” at Gulf Fo... [3892-Views]
Dubai Festival City marks successful first ever Nike+ Run Club edition [3861-Views]
Bean Body's Quick Guide To Men's Exfoliation [3849-Views]
Saeed & Mohammed Al Naboodah Group Celebrates 60 Years of Excellence [3806-Views]
Tommy Hilfiger celebrates the essence of ‘Classic American Cool' [3575-Views]
Give Your Mother the Gift of Time With D1 Milano [3501-Views]
Get Your Weekend Entertainment Fix at Boxpark [3465-Views]
His Excellency Dr Thani Al Zeyoudi Chairs First Meeting of UAE Council for Climate Change ... [3459-Views]
Classically elegant and stylish, the titanium mechanical NJ0090-13P makes a definite state... [3440-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories