Global Magnetic Pump Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Magnetic Pump Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Magnetic Pump market size was valued at US$ 622 million in 2023 and is forecast to a readjusted size of USD 787 million by 2030 with a CAGR of 3.4% during review period.

Global 5 largest manufacturers of Magnetic Pump are Flowserve, Sundyne, Iwaki, Hermetic and Dickow Pumpen, which make up over 20%. Among them, Flowserve is the leader with about 5% market share.

Asia Pacific is the largest market, with a share about 38%, followed by Europe and North America, with the share about 31% and 24%. In terms of product type, Stationary Shaft occupies the largest share of the total market, about 72%. And in terms of application, the largest application is Chemical, followed by General Industry.

This report is a detailed and comprehensive analysis for global Magnetic Pump market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Magnetic Pump market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Magnetic Pump market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Magnetic Pump market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030

Global Magnetic Pump market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Magnetic Pump

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Magnetic Pump market based on the following parameters - company overview, sales quantity, revenue, 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, ITT Goulds Pumps, Richter Chemie-Technik, etc.

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

Market Segmentation

Magnetic Pump market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Stationary Shaft
Rotating Shaft

Market segment by Application
Chemical
General Industry
Oil & Gas
Food & Pharmaceutical
Others

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Magnetic Pump product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Magnetic Pump, with price, sales quantity, revenue, and global market share of Magnetic Pump from 2019 to 2024.

Chapter 3, the Magnetic Pump competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Magnetic Pump breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Magnetic Pump market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Magnetic Pump.

Chapter 14 and 15, to describe Magnetic Pump sales channel, distributors, customers, research findings and conclusion.