Global Magnetic Drive Pumps Supply, Demand and Key Producers, 2023-2029

Global Magnetic Drive Pumps Supply, Demand and Key Producers, 2023-2029

The global Magnetic Drive Pumps market size is expected to reach $ 736.2 million by 2029, rising at a market growth of 3.4% CAGR during the forecast period (2023-2029).

In the global market, the key players of Magnetic Drive Pumps are mainly Flowserve, Sundyne, Iwaki and others. The top three players within this industry account for more than 10% of the market share. North America, Europe, and Asia Pacific are the major manufacturing regions for this product, with North America accounting for nearly 40% of the global market share. The product can be categorised into fixed and rotary shafts based on the type of product. The product is widely used in chemical, general industrial, oil & gas, food & pharmaceutical, and other industries.

This report studies the Magnetic Drive Pumps market."Magnetic Drive" refers to the coupling between the wet end of the pump and the motor. In "direct drive" pumps, the impeller of the pump is attached to the shaft of the motor, and this design depends on the shaft seal to contain the chemical. In a magnetic drive pump, the wet end and motor are two separate contained parts, connected by only a motor bracket. At the end of the motor shaft, a drive magnet is attached, and as the drive magnet rotates around the rear housing, the impeller, which is fixed upon another magnet, spins in synchronization. It is the attraction of the drive magnet and the impeller magnet which allows the full torque of the motor to be passed onto the pump. As the shaft of the motor does not extend into the interior of the pump, there is no need for a shaft seal, and without a shaft seal, the danger of leakage commonly associated with a shaft seal is eliminated. Furthermore, the maintenance cost is reduced because no time or money is spent on maintaining the shaft seal.

This report studies the global Magnetic Drive Pumps production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Magnetic Drive Pumps, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Magnetic Drive Pumps that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Magnetic Drive Pumps total production and demand, 2018-2029, (K Units)

Global Magnetic Drive Pumps total production value, 2018-2029, (USD Million)

Global Magnetic Drive Pumps production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Magnetic Drive Pumps consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Magnetic Drive Pumps domestic production, consumption, key domestic manufacturers and share

Global Magnetic Drive Pumps production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Magnetic Drive Pumps production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Magnetic Drive Pumps production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global Magnetic Drive Pumps market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Flowserve, Sundyne, Iwaki, Hermetic, Dickow Pumpen, Sanwa Hydrotech, Klaus Union, Dandong Colossus and ITT Goulds Pumps, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Magnetic Drive Pumps market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Magnetic Drive Pumps Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Magnetic Drive Pumps Market, Segmentation by Type
Stationary Shaft
Rotating Shaft

Global Magnetic Drive Pumps Market, Segmentation by Application
Chemical
General Industrial
Oil & Gas
Food & Pharmaceutical
Others

Companies Profiled:
Flowserve
Sundyne
Iwaki
Hermetic
Dickow Pumpen
Sanwa Hydrotech
Klaus Union
Dandong Colossus
ITT Goulds Pumps
Richter Chemie-Technik
Verder Liquids
Magnatex Pumps
Lanzhou Highland
ASSOMA
Taicang Magnetic Pump
March Manufacturing
GemmeCotti
Desmi

Key Questions Answered

1. How big is the global Magnetic Drive Pumps market?

2. What is the demand of the global Magnetic Drive Pumps market?

3. What is the year over year growth of the global Magnetic Drive Pumps market?

4. What is the production and production value of the global Magnetic Drive Pumps market?

5. Who are the key producers in the global Magnetic Drive Pumps market?