Global Swimming Pool Pumps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Swimming pool pumps are defined as a combination of electronic and mechanical devices designed to manage pool water sanitization, filtration, and circulation either individually or in combination with each other. These pumps are centrifugal pumps in nature integrated with built-in standard filters and they may be positioned above or below the mean water level of the swimming pool. Swimming pool pumps are comprised of filters, return jets, cleaners, and heaters, which are designed for the cleaning and maintenance of swimming pools. The pumps are classified into three categories, single speed pool pump, two-speed pool pump, and variable speed pool pump, which are predominantly used in international level swimming pools, competition pools, Jacuzzis, ground pools, in-ground pools, Olympic pools, and other residential and commercial pools.
Market Overview:The latest research study on the global Swimming Pool Pumps market finds that the global Swimming Pool Pumps market reached a value of USD 2324.46 million in 2022. It’s expected that the market will achieve USD 3098.61 million by 2028, exhibiting a CAGR of 4.91% during the forecast period.
The impact of the epidemic and the Russia-Ukraine war on the upstream of the swimming pool pump industry is mainly raw materials, and the impact on the downstream of the industry is mainly the economic situation and the purchasing power of consumers.
The price change of raw materials in the upstream industry has a great impact on the profit margin of the swimming pool pump industry. Under the condition that the selling price of the product remains unchanged, the increase in the price of raw materials in the upstream industry will lead to a decrease in the profit of the swimming pool pump industry, and vice versa will lead to an increase in the profit of the swimming pool pump industry.
The growing interest in sports and an increase in awareness about a healthy lifestyle are key drivers of the swimming pool pump Market. The current trend in the market is people taking part in exercising in pools and conducting several swimming pool activities. This is accounted for due to, the higher demand for water aerobics as the water density assists the body weight to reduce pressure on joints and weak muscles.
There are certain restraints and challenges faced which will hinder the overall market growth. A commonly faced problem with the swimming pool pump is the overheating of the motor which unfortunately leads to inefficiency. This mainly occurs during the summers, because the days are extremely hot and the continuous running of the motor, leads to overheating and functional failure as the problem is tricky to resolve instantly. Pool pumps use a lot of power, and as a result, they must dissipate large amounts of heat as part of normal operation.
Region Overview:In 2022, the share of the Swimming Pool Pumps market in United States stood at 48.28%.
Company Overview:Pentair
Pentair, Ltd., is a water technologies and electronic enclosure manufacturer. The water division makes well pumps, sump pumps, valves for water softeners, and pool & spa equipment. The enclosures division makes protective housings and accessories for electronic controls and instruments. Now the company's primary focus is on residential, commercial, industrial, municipal and infrastructure and agriculture applications.
Hayward
Hayward Industries is a global manufacturer of residential and commercial pool equipment and industrial flow control products. It was founded in 1925 and is based in Berkeley Heights, New Jersey. Hayward aims to take the worry out of pool ownership by developing products that are efficient, require little maintenance and add value to your investment. Hayward markets a full line of energy efficient pool and spa equipment including pumps, filters, heaters, cleaners, salt chlorinators, automation, lighting, safety, and flow control products.
Segmentation Overview:Based on product, the market is bifurcated into Single Speed Pool Pump, Two Speed Pool Pump, and Variable Speed Pool Pump. Among different product types, Variable Speed Pool Pump segment is anticipated to contribute the largest market share in 2028.
Application Overview:Based on application, The market is bifurcated into Residential Pools, Commercial Pools. Residential Pools hold the largest share of the Global Swimming Pool Market. The demand for residential pools stems from the need of homeowners and buyers who want to use them for relaxation, leisure activities, or to make their property more attractive.
Key Companies in the global Swimming Pool Pumps market covered in Chapter 3:Lorentz
Aqua Industrial
Pentair
DAVEY
Bestway
Intex
ESPA
Saci Pumps
SAMNAN
Hayward
Kiyea leisure & sport
Fluidra
In Chapter 4 and Chapter 14.2, on the basis of types, the Swimming Pool Pumps market from 2018 to 2029 is primarily split into:Two Speed Pool Pump
Single Speed Pool Pump
Variable Speed Pool Pump
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Swimming Pool 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)