Circulator Pumps Market By Flow Rate, By application, By End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

The global circulator pumps market was valued at $16,420.0 million in 2020 and is projected to reach $24,578.6 million by 2032, registering a CAGR of 3.4% from 2023 to 2032. A circulator pump is a centrifugal pump specifically engineered for the purpose of circulating fluids within a closed system. Widely utilized in heating, ventilation, and air conditioning (HVAC) systems, as well as various industrial applications requiring effective liquid movement, these pumps play a crucial role in maintaining fluid circulation efficiency.

The global population along with globalization is rising at a significant rate. Various organizations such as United Nations and The World Bank have estimated that the world population will reach above 9.5 billion in 2050, from about 8 billion in 2022. This will increase the demand for residential and commercial buildings across the world, especially in developing nations such as China. India, Brazil, South Africa, and others. Moreover, a rise in awareness regarding the sustainable living is also driving the market growth. Energy efficient circulator pumps provide homeowners with a cost-effective and durable solution for fluid circulation. Requiring minimal maintenance, circulator pumps save on annual maintenance costs.

However, fluctuations in raw material prices may hinder market growth. Contrarily, an increase in the construction of green buildings across various regions offers lucrative growth opportunities for the market player during the forecast period.

The rise in global inflation is a new major obstructing factor for the entire industry. The inflation, which is a direct result of the Ukraine-Russia war and few long-term impacts of the coronavirus pandemic, has introduced volatility in the prices of raw materials used for construction which is a major end-user sector of circulator pump. In addition, inflation is expected to worsen in the coming years, as the possibility of the ending of the war between Ukraine and Russia is less. However, a peace agreement between Ukraine and Russia can be devised, with the continued talks between different countries, which is expected to end the war between them and reduce global inflation.

The circulator pumps market is segmented on the basis of flow rate, end user, application, and region. By flow rate, the market is divided into Less Than 15 M3/hr, 15-30 M3 Hr, 30-45 M3/Hr, and More than 45 M3/Hr. By end user, it is categorized into residential, commercial, and industrial. By application, it is categorized into Air Conditioning, Hot water heating system, Industrial Circulation, Domestic water Recirculation, Solar and Geo Thermal Systems, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

The major players that operate in the global market have adopted key strategies such as product launch, to strengthen their market outreach and sustain the stiff competition in the market.

Competition Analysis

Key companies profiled in the circulator pumps market report include Grundfos, Wilo SE, Taxo Cofort Solutions, Xylem Inc., Honeywell International Inc., Flowserve Corporation, Danfoss A/S, Mitsubishi Electric Corporation, Panasonic Corporation, Armstrong International, Inc., and KSB SE & Co KGaA.

Key Benefits for Stakeholders

The report provides an extensive analysis of the current and emerging circulator pumps market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2032.
Extensive analysis of the circulator pumps market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global circulator pumps market forecast analysis from 2023 to 2032 is included in the report.
The key market players within the circulator pumps market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the circulator pump industry.

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Manufacturing Capacity
Capital Investment breakdown
Installed Base analysis
Technology Trend Analysis
Go To Market Strategy
Market share analysis of players by products/segments
New Product Development/ Product Matrix of Key Players
Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Brands Share Analysis
Criss-cross segment analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
List of customers/consumers/raw material suppliers- value chain analysis
Market share analysis of players at global/region/country level
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Flow Rate

Less than 15 m3/h
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
Others
Air Conditioning

By End User

Residential
Commercial
Industrial

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
Latin America
- Brazil
- Argentina
- Colombia
- Rest of Latin America
Middle East and Africa
- Saudi Arabia
- UAE
- Nigeria
- Egypt
- Rest of Middle East And Africa

Key Market Players:

Grundfos
WILO SE
Taco Comfort Solutions
Xylem Inc.
Armstrong Fluid Technology Inc.
Honeywell International Inc.
Pentair plc
Rheem Manufacturing Company, Inc.
Danfoss A/S
Flowserve Corporation

Product Code: A208983

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: CIRCULATOR PUMPS MARKET, BY FLOW RATE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Less than 15 m3/h
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. 15-30 m3/hr
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. 30-45 m3/hr
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. More than 45 m3/hr
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country

CHAPTER 5: CIRCULATOR PUMPS MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Air Conditioning
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Hot water heating system
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Industrial Circulation
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Domestic water Recirculation
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Solar and Geothermal Systems
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
5.7. Others
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country

CHAPTER 6: CIRCULATOR PUMPS MARKET, BY END USER

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Residential
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Commercial
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Industrial
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country

CHAPTER 7: CIRCULATOR PUMPS MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Flow Rate
- 7.2.3. Market size and forecast, by application
- 7.2.4. Market size and forecast, by End User
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Flow Rate
  - 7.2.5.1.2. Market size and forecast, by application
  - 7.2.5.1.3. Market size and forecast, by End User
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Flow Rate
  - 7.2.5.2.2. Market size and forecast, by application
  - 7.2.5.2.3. Market size and forecast, by End User
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Flow Rate
  - 7.2.5.3.2. Market size and forecast, by application
  - 7.2.5.3.3. Market size and forecast, by End User
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Flow Rate
- 7.3.3. Market size and forecast, by application
- 7.3.4. Market size and forecast, by End User
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. Germany
  - 7.3.5.1.1. Market size and forecast, by Flow Rate
  - 7.3.5.1.2. Market size and forecast, by application
  - 7.3.5.1.3. Market size and forecast, by End User
  - 7.3.5.2. France
  - 7.3.5.2.1. Market size and forecast, by Flow Rate
  - 7.3.5.2.2. Market size and forecast, by application
  - 7.3.5.2.3. Market size and forecast, by End User
  - 7.3.5.3. UK
  - 7.3.5.3.1. Market size and forecast, by Flow Rate
  - 7.3.5.3.2. Market size and forecast, by application
  - 7.3.5.3.3. Market size and forecast, by End User
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Market size and forecast, by Flow Rate
  - 7.3.5.4.2. Market size and forecast, by application
  - 7.3.5.4.3. Market size and forecast, by End User
  - 7.3.5.5. Rest of Europe
  - 7.3.5.5.1. Market size and forecast, by Flow Rate
  - 7.3.5.5.2. Market size and forecast, by application
  - 7.3.5.5.3. Market size and forecast, by End User
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Flow Rate
- 7.4.3. Market size and forecast, by application
- 7.4.4. Market size and forecast, by End User
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Flow Rate
  - 7.4.5.1.2. Market size and forecast, by application
  - 7.4.5.1.3. Market size and forecast, by End User
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Market size and forecast, by Flow Rate
  - 7.4.5.2.2. Market size and forecast, by application
  - 7.4.5.2.3. Market size and forecast, by End User
  - 7.4.5.3. South Korea
  - 7.4.5.3.1. Market size and forecast, by Flow Rate
  - 7.4.5.3.2. Market size and forecast, by application
  - 7.4.5.3.3. Market size and forecast, by End User
  - 7.4.5.4. India
  - 7.4.5.4.1. Market size and forecast, by Flow Rate
  - 7.4.5.4.2. Market size and forecast, by application
  - 7.4.5.4.3. Market size and forecast, by End User
  - 7.4.5.5. Rest of Asia-Pacific
  - 7.4.5.5.1. Market size and forecast, by Flow Rate
  - 7.4.5.5.2. Market size and forecast, by application
  - 7.4.5.5.3. Market size and forecast, by End User
7.5. Latin America
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Flow Rate
- 7.5.3. Market size and forecast, by application
- 7.5.4. Market size and forecast, by End User
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Market size and forecast, by Flow Rate
  - 7.5.5.1.2. Market size and forecast, by application
  - 7.5.5.1.3. Market size and forecast, by End User
  - 7.5.5.2. Argentina
  - 7.5.5.2.1. Market size and forecast, by Flow Rate
  - 7.5.5.2.2. Market size and forecast, by application
  - 7.5.5.2.3. Market size and forecast, by End User
  - 7.5.5.3. Colombia
  - 7.5.5.3.1. Market size and forecast, by Flow Rate
  - 7.5.5.3.2. Market size and forecast, by application
  - 7.5.5.3.3. Market size and forecast, by End User
  - 7.5.5.4. Rest of Latin America
  - 7.5.5.4.1. Market size and forecast, by Flow Rate
  - 7.5.5.4.2. Market size and forecast, by application
  - 7.5.5.4.3. Market size and forecast, by End User
7.6. Middle East and Africa
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by Flow Rate
- 7.6.3. Market size and forecast, by application
- 7.6.4. Market size and forecast, by End User
- 7.6.5. Market size and forecast, by country
  - 7.6.5.1. Saudi Arabia
  - 7.6.5.1.1. Market size and forecast, by Flow Rate
  - 7.6.5.1.2. Market size and forecast, by application
  - 7.6.5.1.3. Market size and forecast, by End User
  - 7.6.5.2. UAE
  - 7.6.5.2.1. Market size and forecast, by Flow Rate
  - 7.6.5.2.2. Market size and forecast, by application
  - 7.6.5.2.3. Market size and forecast, by End User
  - 7.6.5.3. Nigeria
  - 7.6.5.3.1. Market size and forecast, by Flow Rate
  - 7.6.5.3.2. Market size and forecast, by application
  - 7.6.5.3.3. Market size and forecast, by End User
  - 7.6.5.4. Egypt
  - 7.6.5.4.1. Market size and forecast, by Flow Rate
  - 7.6.5.4.2. Market size and forecast, by application
  - 7.6.5.4.3. Market size and forecast, by End User
  - 7.6.5.5. Rest of Middle East And Africa
  - 7.6.5.5.1. Market size and forecast, by Flow Rate
  - 7.6.5.5.2. Market size and forecast, by application
  - 7.6.5.5.3. Market size and forecast, by End User

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2020

CHAPTER 9: COMPANY PROFILES

9.1. Grundfos
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. WILO SE
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. Taco Comfort Solutions
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Xylem Inc.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
9.5. Armstrong Fluid Technology Inc.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
9.6. Honeywell International Inc.
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Pentair plc
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
9.8. Rheem Manufacturing Company, Inc.
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. Danfoss A/S
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. Flowserve Corporation
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments