Global Circulator Pumps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Circulator Pumps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A circulator pump is a specific type of pump used to circulate gases, liquids, or slurries in a closed circuit. They are commonly found circulating water in a hydronic heating or cooling system. Because they only circulate liquid within a closed circuit, they only need to overcome the friction of a piping system (as opposed to lifting a fluid from a point of lower potential energy to a point of higher potential energy)

Market Overview:

The latest research study on the global Circulator Pumps market finds that the global Circulator Pumps market reached a value of USD 5777.21 million in 2022. It’s expected that the market will achieve USD 7836.14 million by 2028, exhibiting a CAGR of 5.21% during the forecast period.

The growth of the Circulator Pumps market is largely driven by downstream applications, Such as the construction industry, energy industry, water treatment industry and manufacturing industry.As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, such as the Auto adapt function product reliability, energy saving, easy to install, a key to run to ensure efficiency and comfort, then they may get the competition advantage, and get a bigger market share.

Limitations

Policies such as EuP puts forward higher requirements to save energy, which makes some enterprises need to invest and consider more on the design and implementation of energy saving.
Global oil and natural gas industry slowed down, and some of the region’s real estate industry adjustment both will hinder the Circulator Pumps market growth.
The fierce competition between low-cost manufacturers is expected to be a major constraint on developing region’s market development.
High-end market is highly concentrated, a serious monopoly; low-end market homogeneous competition, vicious competition is serious.

Opportunities

In the context of the global economic recovery, with the rapid development of industrial development, the rise of manufacturing in emerging countries, all of those factors will jointly promote the development of circulating pump.
The rapid development of Internet of things to facilitate the promotion of intelligent equipment
development.

Region Overview:

From 2022-2027, Europe is estimated to witness robust growth prospects

Company Overview:

Grundfos, Wilo, FLOWSERVE, Ebara and Xylem are the five key players in the global Circulator Pumps market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Circulator Pumps market in the past 5 years.

Segmentation Overview:

Among different product types, Vertical Circulator Pumps segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Residential segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Circulator Pumps market covered in Chapter 3:

Wilo
Halm Pumpen
Taco
Grundfos
FLOWSERVE
SHIMGE
KSB
Ebara
Armstrong
Calpeda
Xylem
Biral
IMP Pumps
Pentair

In Chapter 4 and Chapter 14.2, on the basis of types, the Circulator Pumps market from 2018 to 2029 is primarily split into:

Vertical Circulator Pumps
Horizontal Circulator Pumps

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Circulator Pumps market from 2018 to 2029 covers:

Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)