Circulator Pumps Market
Circulator Pumps Market Global Industry Assessment & Forecast
#
Pages:
151
2021
Nov - 2021
VMR-2021-0748
Segments Covered
By
Product Vertical Circulator Pump, Horizontal Circulator Pump
-
By
Application Residential, Commercial, Industrial
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
19 billion |
 Revenue 2028:
|
22 Billion |
 Revenue CAGR
(2021 - 2028): |
2.28% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Product
Analysis: Preview On the basis of Product,
the market is segmented into Vertical Circulator Pump, Horizontal Circulator Pump. Horizontal Circulator Pump held the highest
share in the global Circulator Pumps
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Application
Analysis: Preview
Based on Application,
the market is segmented into Residential, Commercial, Industrial,. Commercial accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Circulator Pumps Market: Product Segment Analysis
-
- Vertical Circulator Pump
- Horizontal Circulator Pump
Global Circulator Pumps Market: Application Segment Analysis
-
- Residential
- Commercial
- Industrial
FAQ
Frequently Asked Question
What is the global demand for Circulator Pumps in terms of revenue?
-
The global Circulator Pumps valued at 19 billion in 2020 and is expected to reach 22 Billion in 2028 growing at a CAGR of 2.28%%.
Which are the prominent players in the market?
-
The prominent players in the market are Pentair, Sulzer, Flowserve, Kaiquan, Allweiler, Xylem Inc., Taco, Liancheng Group, CNP, Grundfos, KSB, Shimge Pump Industry Group Co.Ltd, EBARA, Wilo..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 2.28%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Circulator Pumps include
- The market is gaining unbelievable revenue because of its application in commercial and personal use thereby elevating the market growth.
- The demand for hot water circulator pumps is increasing due to the residential purpose—the rising preference for hot water increases in the different countries which have cold weather is emerging as a strong factor for the market growth.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Circulator Pumps in 2020.
