Circulator Pumps Market
Circulator Pumps Market - Global Industry Assessment & Forecast
#
Pages:
189
2023
Jul - 2024
VMR-VMR-2021-0748
Segments Covered
By
Flow Rate Less than 15 m3/hr, 15-30 m3/hr, 30-45 m3/hr, More than 45 m3/hr
-
By
Application Hot Water Heating System, Industrial Circulation, Domestic Water Recirculation, Solar and Geothermal Systems, Air Conditioning, Other Applications
-
By
End User Residential, Commercial, Industrial
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 18.3 Billion |
 Revenue 2032:
|
USD 26.15 Billion |
 Revenue CAGR
(2024 - 2032): |
3.5% |
Fastest Growing Region (2024 -
2032)
|
North America |
Largest Region (2023):
|
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
Research Methodology: Circulator Pumps Market by Flow Rate by Application by End User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Circulator Pumps in terms of revenue?
-
The global Circulator Pumps valued at USD 18.3 Billion in 2023 and is expected to reach USD 26.15 Billion in 2032 growing at a CAGR of 3.5%.
Which are the prominent players in the market?
-
The prominent players in the market are Grundfos (Denmark), Armstrong Fluid Technology Inc. (Canada), Danfoss A/S (Denmark), Honeywell International Inc. (U.S.), Xylem Inc. (U.S.), Taco Comfort Solutions (U.S.), WILO SE (Germany), Pentair PLC (U.S.), Flowserve Corp. (U.S.), Rheem Manufacturing Company Inc. (U.S.).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.5% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Circulator Pumps include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Circulator Pumps in 2023.
