PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807427
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807427
The global canned motor pumps market size is expected to reach USD 3.33 billion by 2034, according to a new study by Polaris Market Research. The report "Canned Motor Pumps Market Size, Share, Trends, Industry Analysis Report By Type (Standard Basic Pumps, Reverse Circulation Pumps), By Pump Design, By Motor Type, By Capacity, By Installation Type, By End User, By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Canned motor pumps represent a specialized type of centrifugal pump where the motor and pump are integrated into a single, hermetically sealed unit on a common shaft. This unique design eliminates the need for mechanical seals, which are common points of leakage in traditional pumps. The pumped fluid itself circulates through the motor section, cooling the motor and lubricating the bearings, ensuring a completely leak-free operation. This makes them exceptionally well-suited for transferring hazardous, toxic, flammable, or expensive fluids where environmental protection, safety, and product containment are paramount.
The canned motor pumps market is shaped by the increasing global focus on industrial safety, stringent environmental regulations, and the demand for highly reliable and low-maintenance fluid transfer solutions. Industries such as chemical processing, oil and gas, pharmaceuticals, and nuclear power are major consumers, driven by the critical need to prevent any release of harmful substances into the atmosphere or surroundings. Advantages of canned motor pumps, including their compact design, quiet operation, and ability to handle extreme temperatures and pressures, further contribute to their growing adoption across diverse and demanding industrial pump applications worldwide.
By type, the standard basic pumps segment held the largest share in 2024, due to their widespread applicability and ease of integration across numerous general industrial processes, offering reliable and cost-effective solutions for common fluid transfer needs.
The single-stage pumps segment, by pump design, held the largest share in 2024, primarily because of their simpler design, which leads to easier installation, reduced maintenance, and lower initial costs.
In terms of motor type, the induction motors segment held the largest share in 2024, driven by their robust construction, inherent reliability, and overall cost-effectiveness.
By capacity, the low capacity pumps segment held the largest share in 2024, owing to their versatility and extensive use in smaller-scale industrial processes, laboratory applications, and niche areas.
In terms of installation type, the horizontal canned motor pumps segment held the largest share in 2024 due to their conventional design, which facilitates simpler installation and accessibility for maintenance in many traditional industrial setups.
By end user, the chemical industry held the largest share in 2024, driven by its critical need for safe and leak-free handling of highly hazardous, corrosive, or volatile fluids.
By region, North America stands as a leading region in the market, characterized by its mature industrial infrastructure, stringent safety and environmental regulations, and a continuous focus on technological advancements. Asia Pacific is a dynamic and rapidly expanding market for canned motor pumps, driven by ongoing industrialization, infrastructural development, and increasing foreign investments across its developing economies.
A few key players in the canned motor pumps market are TEIKOKU ELECTRIC MFG. CO., LTD.; Nikkiso Co., Ltd.; HERMETIC-Pumpen GmbH; Kirloskar Brothers Limited; KSB SE & Co. KGaA; Hayward Tyler Group; ShinMaywa Industries, Ltd.; Flowserve Corporation; Sulzer Ltd.; Grundfos Holding A/S; and Ebara Corporation.
Polaris Market Research has segmented the canned motor pumps market report based on type, pump design, motor type, capacity, installation type, end user, and region:
By Type Outlook (Revenue - USD Billion, 2020-2034)
Standard Basic Pumps
Reverse Circulation Pumps
High Temperature Pumps
Self-priming Pumps
Others
By Pump Design Outlook (Revenue - USD Billion, 2020-2034)
Single-Stage
Multistage
By Motor Type Outlook (Revenue - USD Billion, 2020-2034)
Induction Motors
Synchronous Motors
By Capacity Outlook (Revenue - USD Billion, 2020-2034)
Low
Medium
High
By Installation Type Outlook (Revenue - USD Billion, 2020-2034)
Horizontal
Vertical
By End User Outlook (Revenue - USD Billion, 2020-2034)
Chemical
Oil & Gas
Power
Refrigeration
Others
By Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia-Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America