Franklin Electric Co., Inc. - Common Stock (FELE)

Competitors to Franklin Electric Co., Inc. - Common Stock (FELE)

Gorman-Rupp Company 

The Gorman-Rupp Company specializes in the design and manufacture of pumps and pumping systems, competing directly with Franklin Electric in the municipal, industrial, and construction markets. Gorman-Rupp has a long-standing reputation for quality and reliability in pump systems, particularly in dewatering and other high-performance applications. While Franklin Electric offers a broader range of water and fueling systems, Gorman-Rupp's targeted approach and strong brand loyalty in certain sectors allow it to maintain a competitive presence, though Franklin Electric's diversity gives it a slight edge.

Hayward Holdings, Inc.

Hayward Holdings, primarily known for its pool equipment and additional water management solutions, competes with Franklin Electric primarily in the residential and recreational water treatment markets. Hayward's targeted approach to pool and spa products, including pumps and filtration systems, presents a narrower focus compared to Franklin Electric's broader range of pumping solutions. While Hayward excels in its niche, Franklin's extensive experience in various water management sectors gives it a more significant competitive advantage overall, particularly in industrial applications.

Pentair plc 

Pentair, a diversified industrial company, and Franklin Electric compete in the water and fluid management systems market. Both firms provide a variety of solutions for residential, commercial, and industrial customers. Pentair's competitive strategy centers around its expansive product lineup and innovation in water treatment technologies, which are increasingly relevant in an environment where clean water access is critical. However, Franklin Electric's specialization in groundwater and fueling systems allows it to carve out unique niches in markets where they can leverage their expertise, creating a balanced competitive dynamic.

SPX Flow, Inc. 

SPX Flow operates in the fluid and thermal management sector and competes with Franklin Electric in providing pump solutions, especially for industrial applications. Both firms offer innovative pumping solutions, but SPX Flow's emphasis on high-performance systems for specialized industries, such as food and beverage processing, allows it to cater to specific market needs. This focus can present a competitive threat to Franklin Electric in those segments; however, Franklin's broad product offerings and market presence in groundwater and fuel management give it a notable advantage overall.

Xylem Inc. 

Xylem Inc. is a global water technology company that competes with Franklin Electric in the water and wastewater management sector. Both companies offer pumps, filtration systems, and related products geared towards a range of applications including residential, commercial, and industrial. Xylem emphasizes innovation in water efficiency and sustainability, often utilizing advanced technology to optimize water systems. This focus on technology and sustainability gives Xylem a competitive edge when addressing the growing demand for smart water solutions in an increasingly eco-conscious market.