Circulator Pumps Market Synopsis
Circulator Pumps Market Size Was Valued at USD 18.58 Billion in 2023, and is Projected to Reach USD 25.54 Billion by 2032, Growing at a CAGR of 3.6% From 2024-2032.
The manufacture, distribution, and global consumption of circulator pumps together with their associated economic activity is often referred to as the global circulator pumps market. A type of centrifugal pump made especially for moving fluids around in a closed-loop system is the circulator pump. These pumps find extensive use in industrial process applications, geothermal heating and cooling systems, HVAC (heating, ventilation, and air conditioning) systems, and domestic hot water (DHW) systems.
- Capacity (Q), pump pressure (?p or delivery head ?H), energy consumption (P), pump unit efficiency (?), impeller rotational speed (n), NPSH, and sound level (L) are some of the characteristics that define circulating pumps. In practice, pump curves are often used to illustrate the graphical relationship between Q, ?p (or ?H), P, and ?. These curves, which are given for pumping water with a density of 1000 kg/m³ and a kinematic viscosity of 1 mm²/s, are calculated using defined procedures. The pump curves must be revised if the pump is operated with liquids that differ in density and viscosity. Although these curves are usually found in operation manuals and catalogs, the manufacturer's guarantee covers their accuracy.
Circulator Pumps Market Trend Analysis
Growing Construction activity created the need for Circulator Pumps
- The surge in construction not only necessitates the seamless circulation of heated or cooled water facilitated by circulator pumps but also emphasizes the growing importance of energy efficiency and sustainability in modern construction practices. As the construction sector continues to expand globally, the demand for circulator pumps is expected to remain robust, driving market growth and innovation.
- For example, growing construction activity, epitomized by India's leading status in infrastructure projects as of May 2022, is a key driver for the circulator pumps market. With India boasting over 1,944 construction projects, surpassing China and the United States, the demand for circulator pumps is propelled by the need for efficient HVAC systems in residential, commercial, and industrial buildings.
- This increase emphasizes how important circulator pumps are to maintaining effective HVAC systems in a variety of construction projects, especially as the focus on sustainability and energy efficiency grows. The global expansion of building activities is expected to sustain a robust demand for circulator pumps, hence propelling market growth and innovation.
High Requirement for Energy-Saving Solutions
- The increased demand for energy-efficient solutions offers circulator pump producers a substantial market opportunity. The need for circulator pumps, which can lower HVAC system energy usage, is rising as concerns over sustainability and energy efficiency become more widespread. Producing and promoting energy-efficient circulator pumps allows producers to take advantage of this trend and satisfy customers who care about the environment.
- According to research conducted by the Buildings Performance Institute Europe (BPIE), more stringent energy efficiency regulations within the European Union may result in a substantial rise in the adoption of high-efficiency circulator pumps. This surge could potentially see the market share of such pumps climbing to as much as 80% by the year 2030.
- Hence, the growing demand for energy-efficient solutions presents a significant market opportunity for circulator pump producers, as concerns over sustainability rise. Producing energy-efficient circulator pumps enables producers to satisfy environmentally-conscious customers and lower HVAC system energy usage
Circulator Pumps Market Segment Analysis:
Circulator Pumps Market Segmented on the basis of Type, Flow Rate, Application, Distribution Channel, and End-user.
By Type, Cast Iron Circulator Pump segment is expected to dominate the market during the forecast period
- A greater number of individuals use cast iron circulator pumps than bronze or stainless-steel ones. Cast iron circulator pumps have the highest market share. The reasons for this supremacy are numerous and important. First and foremost, their pricing is a big plus. These pumps are an affordable and easily obtainable alternative for homeowners and contractors with limited funds, thanks to cast iron.
- Their outstanding durability also has a major impact. Because of its strength and durability, cast iron pumps are renowned for being able to withstand extended use in key applications such as hydronic heating systems. Because of its endurance, fewer replacements will be required over time to maintain consistent performance.
- The longstanding presence of cast iron technology in the market has instilled trust and familiarity among industry professionals. Plumbers, contractors, and even DIY users prefer cast iron pumps due to their proven reliability and simple design. These factors collectively solidify the dominance of cast iron circulator pumps in the market.
By Application, Circulator Pumps segment dominates the Circulator Pumps Market
- The usage of circulator pumps in various industrial processes and facilities where fluid circulation is essential for operational efficiency is covered in the "Industrial Circulation" section. These applications are used in many different industries, including as oil and gas, manufacturing, chemical processing, and power production. In industrial settings, circulator pumps are essential for transferring heat, keeping systems and equipment operating at optimal temperatures, and guaranteeing that liquids move through equipment and systems efficiently.
- They are essential for activities like circulating coolant in industrial processes, cooling machinery, and allowing fluids to flow in large-scale heating or cooling systems. There is a rising need for modern circulator pump solutions that offer increased efficiency, decreased energy consumption, and higher dependability to satisfy the changing needs of industrial applications as businesses change and embrace technological innovations.
Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America's anticipated dominance in the circulator pumps market is closely tied to its high degree of urbanization compared to other regions. With an urbanization rate of 83% in 2023, North America represents a highly urbanized population base, driving significant demand for circulator pumps in various infrastructure and construction projects. This urbanization trend indicates a strong need for efficient HVAC systems, industrial circulation, and water management solutions, all of which rely on circulator pumps for optimal performance.
- North America's robust economy and technological advancements play a crucial role in driving market dominance. The region's thriving industrial sector, particularly in manufacturing and construction, demands reliable and high-performance circulator pumps for a wide range of applications.
- Overall, North America's strong economic foundation, urbanization rate, technological innovation, and sustainability initiatives position it as a dominant force in the global circulator pumps market.
Circulator Pumps Market Top Key Players:
- Grundfos (Denmark)
- Wilo SE (Germany)
- Xylem (US)
- Taco Comfort Solutions (US)
- Calpeda (Italy)
- DAB Pumps (Italy)
- Laing Thermotech (Germany)
- Armstrong Fluid Technology (Canada)
- Ebara Corporation (Japan)
- CNP Pump Industry (China)
- Grundfos Pumps India (India)
- Shimge Pump Industry Group (China)
- LEO Gruppen (Denmark)
- Speck Pumps (Germany)
- Stuart & Turner Ltd (UK)
- Salmson (France)
- Freiwerk (Germany)
- Fouress (China)
- Sterling Fluid Systems (US)
- Ruhrpumpen (Germany)
- HYDRO-TECHNIK GmbH (Germany)
- Zoeller Pump Company (US)
- Zhejiang Chenjie Pump Industry CO.LTD (China)
- Lamah Co. Ltd (Australia)
- Flowserve Corporation (US) and other major players.
Key Industry Developments in the Circulator Pumps Market:
- In March 2024, the eagerly projected Taco plant expansion in Fall River, Massachusetts, was getting way. This move greatly improved and expanded the manufacturer's capacity to produce larger tanks, heat exchangers, and a variety of other items. They were able to shorten lead times and increase capacity thanks to the $20+ million initiative.
- In February 2022, Grundfos, a renowned leader in advanced pump solutions and water technology, has forged a groundbreaking agreement with EKF Denmark’s Export Credit Agency. This collaboration empowers Grundfos to provide financing for projects worldwide, catering to both private commercial and public customers facing budget constraints.
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Global Circulator Pumps Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2022 |
Market Size in 2023: |
USD 18.58 Bn. |
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Forecast Period 2024-32 CAGR: |
3.6 % |
Market Size in 2032: |
USD 25.54 Bn. |
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Segments Covered: |
By Type |
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By Application |
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By Flow Rate |
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By Distribution Channel |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Circulator Pumps Market by By Type (2018-2032)
4.1 Circulator Pumps Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Cast Iron Circulator Pump
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Bronze Circulator Pump
4.5 Stainless Steel Circulator Pump
Chapter 5: Circulator Pumps Market by By Application (2018-2032)
5.1 Circulator Pumps Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Industrial Circulation
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Hot Water Heating System
5.5 Solar & Geothermal Systems
5.6 Air Conditioning
5.7 Domestic Water Recirculation
Chapter 6: Circulator Pumps Market by By Flow Rate (2018-2032)
6.1 Circulator Pumps Market Snapshot and Growth Engine
6.2 Market Overview
6.3 More than 45 m3/hr
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Less than 15 m3/h
6.5 30-45 m3/hr
6.6 15-30 m3/hr
Chapter 7: Circulator Pumps Market by By Distribution Channel (2018-2032)
7.1 Circulator Pumps Market Snapshot and Growth Engine
7.2 Market Overview
7.3 Direct sales
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
7.3.3 Key Market Trends, Growth Factors, and Opportunities
7.3.4 Geographic Segmentation Analysis
7.4 Distributors
Chapter 8: Circulator Pumps Market by By End User (2018-2032)
8.1 Circulator Pumps Market Snapshot and Growth Engine
8.2 Market Overview
8.3 Residential
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
8.3.3 Key Market Trends, Growth Factors, and Opportunities
8.3.4 Geographic Segmentation Analysis
8.4 Commercial
8.5 Industrial
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Benchmarking
9.1.2 Circulator Pumps Market Share by Manufacturer (2024)
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Mergers and Acquisitions
9.2 SHOPIFY (CANADA)
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Role of the Company in the Market
9.2.5 Sustainability and Social Responsibility
9.2.6 Operating Business Segments
9.2.7 Product Portfolio
9.2.8 Business Performance
9.2.9 Key Strategic Moves and Recent Developments
9.2.10 SWOT Analysis
9.3 BIGCOMMERCE (USA)
9.4 WOOCOMMERCE (USA)
9.5 MAGENTO (USA)
9.6 WIX (ISRAEL)
9.7 SQUARESPACE (USA)
9.8 VOLUSION (USA)
9.9 3DCART (USA)
9.10 PRESTASHOP (FRANCE)
9.11 OPENCART (HONG KONG)
9.12 ECWID (USA)
9.13 ZEN CART (USA)
9.14 WEEBLY (USA)
9.15 X-CART (RUSSIA)
9.16 CORECOMMERCE (USA)
9.17 SHIFT4SHOP (USA)
9.18 MIVA (USA)
9.19 PINNACLECART (USA)
9.20 CS-CART (RUSSIA)
9.21 TOMATOCART (CHINA)
9.22
Chapter 10: Global Circulator Pumps Market By Region
10.1 Overview
10.2. North America Circulator Pumps Market
10.2.1 Key Market Trends, Growth Factors and Opportunities
10.2.2 Top Key Companies
10.2.3 Historic and Forecasted Market Size by Segments
10.2.4 Historic and Forecasted Market Size By By Type
10.2.4.1 Cast Iron Circulator Pump
10.2.4.2 Bronze Circulator Pump
10.2.4.3 Stainless Steel Circulator Pump
10.2.5 Historic and Forecasted Market Size By By Application
10.2.5.1 Industrial Circulation
10.2.5.2 Hot Water Heating System
10.2.5.3 Solar & Geothermal Systems
10.2.5.4 Air Conditioning
10.2.5.5 Domestic Water Recirculation
10.2.6 Historic and Forecasted Market Size By By Flow Rate
10.2.6.1 More than 45 m3/hr
10.2.6.2 Less than 15 m3/h
10.2.6.3 30-45 m3/hr
10.2.6.4 15-30 m3/hr
10.2.7 Historic and Forecasted Market Size By By Distribution Channel
10.2.7.1 Direct sales
10.2.7.2 Distributors
10.2.8 Historic and Forecasted Market Size By By End User
10.2.8.1 Residential
10.2.8.2 Commercial
10.2.8.3 Industrial
10.2.9 Historic and Forecast Market Size by Country
10.2.9.1 US
10.2.9.2 Canada
10.2.9.3 Mexico
10.3. Eastern Europe Circulator Pumps Market
10.3.1 Key Market Trends, Growth Factors and Opportunities
10.3.2 Top Key Companies
10.3.3 Historic and Forecasted Market Size by Segments
10.3.4 Historic and Forecasted Market Size By By Type
10.3.4.1 Cast Iron Circulator Pump
10.3.4.2 Bronze Circulator Pump
10.3.4.3 Stainless Steel Circulator Pump
10.3.5 Historic and Forecasted Market Size By By Application
10.3.5.1 Industrial Circulation
10.3.5.2 Hot Water Heating System
10.3.5.3 Solar & Geothermal Systems
10.3.5.4 Air Conditioning
10.3.5.5 Domestic Water Recirculation
10.3.6 Historic and Forecasted Market Size By By Flow Rate
10.3.6.1 More than 45 m3/hr
10.3.6.2 Less than 15 m3/h
10.3.6.3 30-45 m3/hr
10.3.6.4 15-30 m3/hr
10.3.7 Historic and Forecasted Market Size By By Distribution Channel
10.3.7.1 Direct sales
10.3.7.2 Distributors
10.3.8 Historic and Forecasted Market Size By By End User
10.3.8.1 Residential
10.3.8.2 Commercial
10.3.8.3 Industrial
10.3.9 Historic and Forecast Market Size by Country
10.3.9.1 Russia
10.3.9.2 Bulgaria
10.3.9.3 The Czech Republic
10.3.9.4 Hungary
10.3.9.5 Poland
10.3.9.6 Romania
10.3.9.7 Rest of Eastern Europe
10.4. Western Europe Circulator Pumps Market
10.4.1 Key Market Trends, Growth Factors and Opportunities
10.4.2 Top Key Companies
10.4.3 Historic and Forecasted Market Size by Segments
10.4.4 Historic and Forecasted Market Size By By Type
10.4.4.1 Cast Iron Circulator Pump
10.4.4.2 Bronze Circulator Pump
10.4.4.3 Stainless Steel Circulator Pump
10.4.5 Historic and Forecasted Market Size By By Application
10.4.5.1 Industrial Circulation
10.4.5.2 Hot Water Heating System
10.4.5.3 Solar & Geothermal Systems
10.4.5.4 Air Conditioning
10.4.5.5 Domestic Water Recirculation
10.4.6 Historic and Forecasted Market Size By By Flow Rate
10.4.6.1 More than 45 m3/hr
10.4.6.2 Less than 15 m3/h
10.4.6.3 30-45 m3/hr
10.4.6.4 15-30 m3/hr
10.4.7 Historic and Forecasted Market Size By By Distribution Channel
10.4.7.1 Direct sales
10.4.7.2 Distributors
10.4.8 Historic and Forecasted Market Size By By End User
10.4.8.1 Residential
10.4.8.2 Commercial
10.4.8.3 Industrial
10.4.9 Historic and Forecast Market Size by Country
10.4.9.1 Germany
10.4.9.2 UK
10.4.9.3 France
10.4.9.4 The Netherlands
10.4.9.5 Italy
10.4.9.6 Spain
10.4.9.7 Rest of Western Europe
10.5. Asia Pacific Circulator Pumps Market
10.5.1 Key Market Trends, Growth Factors and Opportunities
10.5.2 Top Key Companies
10.5.3 Historic and Forecasted Market Size by Segments
10.5.4 Historic and Forecasted Market Size By By Type
10.5.4.1 Cast Iron Circulator Pump
10.5.4.2 Bronze Circulator Pump
10.5.4.3 Stainless Steel Circulator Pump
10.5.5 Historic and Forecasted Market Size By By Application
10.5.5.1 Industrial Circulation
10.5.5.2 Hot Water Heating System
10.5.5.3 Solar & Geothermal Systems
10.5.5.4 Air Conditioning
10.5.5.5 Domestic Water Recirculation
10.5.6 Historic and Forecasted Market Size By By Flow Rate
10.5.6.1 More than 45 m3/hr
10.5.6.2 Less than 15 m3/h
10.5.6.3 30-45 m3/hr
10.5.6.4 15-30 m3/hr
10.5.7 Historic and Forecasted Market Size By By Distribution Channel
10.5.7.1 Direct sales
10.5.7.2 Distributors
10.5.8 Historic and Forecasted Market Size By By End User
10.5.8.1 Residential
10.5.8.2 Commercial
10.5.8.3 Industrial
10.5.9 Historic and Forecast Market Size by Country
10.5.9.1 China
10.5.9.2 India
10.5.9.3 Japan
10.5.9.4 South Korea
10.5.9.5 Malaysia
10.5.9.6 Thailand
10.5.9.7 Vietnam
10.5.9.8 The Philippines
10.5.9.9 Australia
10.5.9.10 New Zealand
10.5.9.11 Rest of APAC
10.6. Middle East & Africa Circulator Pumps Market
10.6.1 Key Market Trends, Growth Factors and Opportunities
10.6.2 Top Key Companies
10.6.3 Historic and Forecasted Market Size by Segments
10.6.4 Historic and Forecasted Market Size By By Type
10.6.4.1 Cast Iron Circulator Pump
10.6.4.2 Bronze Circulator Pump
10.6.4.3 Stainless Steel Circulator Pump
10.6.5 Historic and Forecasted Market Size By By Application
10.6.5.1 Industrial Circulation
10.6.5.2 Hot Water Heating System
10.6.5.3 Solar & Geothermal Systems
10.6.5.4 Air Conditioning
10.6.5.5 Domestic Water Recirculation
10.6.6 Historic and Forecasted Market Size By By Flow Rate
10.6.6.1 More than 45 m3/hr
10.6.6.2 Less than 15 m3/h
10.6.6.3 30-45 m3/hr
10.6.6.4 15-30 m3/hr
10.6.7 Historic and Forecasted Market Size By By Distribution Channel
10.6.7.1 Direct sales
10.6.7.2 Distributors
10.6.8 Historic and Forecasted Market Size By By End User
10.6.8.1 Residential
10.6.8.2 Commercial
10.6.8.3 Industrial
10.6.9 Historic and Forecast Market Size by Country
10.6.9.1 Turkiye
10.6.9.2 Bahrain
10.6.9.3 Kuwait
10.6.9.4 Saudi Arabia
10.6.9.5 Qatar
10.6.9.6 UAE
10.6.9.7 Israel
10.6.9.8 South Africa
10.7. South America Circulator Pumps Market
10.7.1 Key Market Trends, Growth Factors and Opportunities
10.7.2 Top Key Companies
10.7.3 Historic and Forecasted Market Size by Segments
10.7.4 Historic and Forecasted Market Size By By Type
10.7.4.1 Cast Iron Circulator Pump
10.7.4.2 Bronze Circulator Pump
10.7.4.3 Stainless Steel Circulator Pump
10.7.5 Historic and Forecasted Market Size By By Application
10.7.5.1 Industrial Circulation
10.7.5.2 Hot Water Heating System
10.7.5.3 Solar & Geothermal Systems
10.7.5.4 Air Conditioning
10.7.5.5 Domestic Water Recirculation
10.7.6 Historic and Forecasted Market Size By By Flow Rate
10.7.6.1 More than 45 m3/hr
10.7.6.2 Less than 15 m3/h
10.7.6.3 30-45 m3/hr
10.7.6.4 15-30 m3/hr
10.7.7 Historic and Forecasted Market Size By By Distribution Channel
10.7.7.1 Direct sales
10.7.7.2 Distributors
10.7.8 Historic and Forecasted Market Size By By End User
10.7.8.1 Residential
10.7.8.2 Commercial
10.7.8.3 Industrial
10.7.9 Historic and Forecast Market Size by Country
10.7.9.1 Brazil
10.7.9.2 Argentina
10.7.9.3 Rest of SA
Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies
Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Circulator Pumps Market by By Type (2018-2032)
4.1 Circulator Pumps Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Cast Iron Circulator Pump
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Bronze Circulator Pump
4.5 Stainless Steel Circulator Pump
Chapter 5: Circulator Pumps Market by By Application (2018-2032)
5.1 Circulator Pumps Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Industrial Circulation
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Hot Water Heating System
5.5 Solar & Geothermal Systems
5.6 Air Conditioning
5.7 Domestic Water Recirculation
Chapter 6: Circulator Pumps Market by By Flow Rate (2018-2032)
6.1 Circulator Pumps Market Snapshot and Growth Engine
6.2 Market Overview
6.3 More than 45 m3/hr
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Less than 15 m3/h
6.5 30-45 m3/hr
6.6 15-30 m3/hr
Chapter 7: Circulator Pumps Market by By Distribution Channel (2018-2032)
7.1 Circulator Pumps Market Snapshot and Growth Engine
7.2 Market Overview
7.3 Direct sales
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
7.3.3 Key Market Trends, Growth Factors, and Opportunities
7.3.4 Geographic Segmentation Analysis
7.4 Distributors
Chapter 8: Circulator Pumps Market by By End User (2018-2032)
8.1 Circulator Pumps Market Snapshot and Growth Engine
8.2 Market Overview
8.3 Residential
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
8.3.3 Key Market Trends, Growth Factors, and Opportunities
8.3.4 Geographic Segmentation Analysis
8.4 Commercial
8.5 Industrial
Chapter 9: Company Profiles and Competitive Analysis
9.1 Competitive Landscape
9.1.1 Competitive Benchmarking
9.1.2 Circulator Pumps Market Share by Manufacturer (2024)
9.1.3 Industry BCG Matrix
9.1.4 Heat Map Analysis
9.1.5 Mergers and Acquisitions
9.2 SHOPIFY (CANADA)
9.2.1 Company Overview
9.2.2 Key Executives
9.2.3 Company Snapshot
9.2.4 Role of the Company in the Market
9.2.5 Sustainability and Social Responsibility
9.2.6 Operating Business Segments
9.2.7 Product Portfolio
9.2.8 Business Performance
9.2.9 Key Strategic Moves and Recent Developments
9.2.10 SWOT Analysis
9.3 BIGCOMMERCE (USA)
9.4 WOOCOMMERCE (USA)
9.5 MAGENTO (USA)
9.6 WIX (ISRAEL)
9.7 SQUARESPACE (USA)
9.8 VOLUSION (USA)
9.9 3DCART (USA)
9.10 PRESTASHOP (FRANCE)
9.11 OPENCART (HONG KONG)
9.12 ECWID (USA)
9.13 ZEN CART (USA)
9.14 WEEBLY (USA)
9.15 X-CART (RUSSIA)
9.16 CORECOMMERCE (USA)
9.17 SHIFT4SHOP (USA)
9.18 MIVA (USA)
9.19 PINNACLECART (USA)
9.20 CS-CART (RUSSIA)
9.21 TOMATOCART (CHINA)
9.22
Chapter 10: Global Circulator Pumps Market By Region
10.1 Overview
10.2. North America Circulator Pumps Market
10.2.1 Key Market Trends, Growth Factors and Opportunities
10.2.2 Top Key Companies
10.2.3 Historic and Forecasted Market Size by Segments
10.2.4 Historic and Forecasted Market Size By By Type
10.2.4.1 Cast Iron Circulator Pump
10.2.4.2 Bronze Circulator Pump
10.2.4.3 Stainless Steel Circulator Pump
10.2.5 Historic and Forecasted Market Size By By Application
10.2.5.1 Industrial Circulation
10.2.5.2 Hot Water Heating System
10.2.5.3 Solar & Geothermal Systems
10.2.5.4 Air Conditioning
10.2.5.5 Domestic Water Recirculation
10.2.6 Historic and Forecasted Market Size By By Flow Rate
10.2.6.1 More than 45 m3/hr
10.2.6.2 Less than 15 m3/h
10.2.6.3 30-45 m3/hr
10.2.6.4 15-30 m3/hr
10.2.7 Historic and Forecasted Market Size By By Distribution Channel
10.2.7.1 Direct sales
10.2.7.2 Distributors
10.2.8 Historic and Forecasted Market Size By By End User
10.2.8.1 Residential
10.2.8.2 Commercial
10.2.8.3 Industrial
10.2.9 Historic and Forecast Market Size by Country
10.2.9.1 US
10.2.9.2 Canada
10.2.9.3 Mexico
10.3. Eastern Europe Circulator Pumps Market
10.3.1 Key Market Trends, Growth Factors and Opportunities
10.3.2 Top Key Companies
10.3.3 Historic and Forecasted Market Size by Segments
10.3.4 Historic and Forecasted Market Size By By Type
10.3.4.1 Cast Iron Circulator Pump
10.3.4.2 Bronze Circulator Pump
10.3.4.3 Stainless Steel Circulator Pump
10.3.5 Historic and Forecasted Market Size By By Application
10.3.5.1 Industrial Circulation
10.3.5.2 Hot Water Heating System
10.3.5.3 Solar & Geothermal Systems
10.3.5.4 Air Conditioning
10.3.5.5 Domestic Water Recirculation
10.3.6 Historic and Forecasted Market Size By By Flow Rate
10.3.6.1 More than 45 m3/hr
10.3.6.2 Less than 15 m3/h
10.3.6.3 30-45 m3/hr
10.3.6.4 15-30 m3/hr
10.3.7 Historic and Forecasted Market Size By By Distribution Channel
10.3.7.1 Direct sales
10.3.7.2 Distributors
10.3.8 Historic and Forecasted Market Size By By End User
10.3.8.1 Residential
10.3.8.2 Commercial
10.3.8.3 Industrial
10.3.9 Historic and Forecast Market Size by Country
10.3.9.1 Russia
10.3.9.2 Bulgaria
10.3.9.3 The Czech Republic
10.3.9.4 Hungary
10.3.9.5 Poland
10.3.9.6 Romania
10.3.9.7 Rest of Eastern Europe
10.4. Western Europe Circulator Pumps Market
10.4.1 Key Market Trends, Growth Factors and Opportunities
10.4.2 Top Key Companies
10.4.3 Historic and Forecasted Market Size by Segments
10.4.4 Historic and Forecasted Market Size By By Type
10.4.4.1 Cast Iron Circulator Pump
10.4.4.2 Bronze Circulator Pump
10.4.4.3 Stainless Steel Circulator Pump
10.4.5 Historic and Forecasted Market Size By By Application
10.4.5.1 Industrial Circulation
10.4.5.2 Hot Water Heating System
10.4.5.3 Solar & Geothermal Systems
10.4.5.4 Air Conditioning
10.4.5.5 Domestic Water Recirculation
10.4.6 Historic and Forecasted Market Size By By Flow Rate
10.4.6.1 More than 45 m3/hr
10.4.6.2 Less than 15 m3/h
10.4.6.3 30-45 m3/hr
10.4.6.4 15-30 m3/hr
10.4.7 Historic and Forecasted Market Size By By Distribution Channel
10.4.7.1 Direct sales
10.4.7.2 Distributors
10.4.8 Historic and Forecasted Market Size By By End User
10.4.8.1 Residential
10.4.8.2 Commercial
10.4.8.3 Industrial
10.4.9 Historic and Forecast Market Size by Country
10.4.9.1 Germany
10.4.9.2 UK
10.4.9.3 France
10.4.9.4 The Netherlands
10.4.9.5 Italy
10.4.9.6 Spain
10.4.9.7 Rest of Western Europe
10.5. Asia Pacific Circulator Pumps Market
10.5.1 Key Market Trends, Growth Factors and Opportunities
10.5.2 Top Key Companies
10.5.3 Historic and Forecasted Market Size by Segments
10.5.4 Historic and Forecasted Market Size By By Type
10.5.4.1 Cast Iron Circulator Pump
10.5.4.2 Bronze Circulator Pump
10.5.4.3 Stainless Steel Circulator Pump
10.5.5 Historic and Forecasted Market Size By By Application
10.5.5.1 Industrial Circulation
10.5.5.2 Hot Water Heating System
10.5.5.3 Solar & Geothermal Systems
10.5.5.4 Air Conditioning
10.5.5.5 Domestic Water Recirculation
10.5.6 Historic and Forecasted Market Size By By Flow Rate
10.5.6.1 More than 45 m3/hr
10.5.6.2 Less than 15 m3/h
10.5.6.3 30-45 m3/hr
10.5.6.4 15-30 m3/hr
10.5.7 Historic and Forecasted Market Size By By Distribution Channel
10.5.7.1 Direct sales
10.5.7.2 Distributors
10.5.8 Historic and Forecasted Market Size By By End User
10.5.8.1 Residential
10.5.8.2 Commercial
10.5.8.3 Industrial
10.5.9 Historic and Forecast Market Size by Country
10.5.9.1 China
10.5.9.2 India
10.5.9.3 Japan
10.5.9.4 South Korea
10.5.9.5 Malaysia
10.5.9.6 Thailand
10.5.9.7 Vietnam
10.5.9.8 The Philippines
10.5.9.9 Australia
10.5.9.10 New Zealand
10.5.9.11 Rest of APAC
10.6. Middle East & Africa Circulator Pumps Market
10.6.1 Key Market Trends, Growth Factors and Opportunities
10.6.2 Top Key Companies
10.6.3 Historic and Forecasted Market Size by Segments
10.6.4 Historic and Forecasted Market Size By By Type
10.6.4.1 Cast Iron Circulator Pump
10.6.4.2 Bronze Circulator Pump
10.6.4.3 Stainless Steel Circulator Pump
10.6.5 Historic and Forecasted Market Size By By Application
10.6.5.1 Industrial Circulation
10.6.5.2 Hot Water Heating System
10.6.5.3 Solar & Geothermal Systems
10.6.5.4 Air Conditioning
10.6.5.5 Domestic Water Recirculation
10.6.6 Historic and Forecasted Market Size By By Flow Rate
10.6.6.1 More than 45 m3/hr
10.6.6.2 Less than 15 m3/h
10.6.6.3 30-45 m3/hr
10.6.6.4 15-30 m3/hr
10.6.7 Historic and Forecasted Market Size By By Distribution Channel
10.6.7.1 Direct sales
10.6.7.2 Distributors
10.6.8 Historic and Forecasted Market Size By By End User
10.6.8.1 Residential
10.6.8.2 Commercial
10.6.8.3 Industrial
10.6.9 Historic and Forecast Market Size by Country
10.6.9.1 Turkiye
10.6.9.2 Bahrain
10.6.9.3 Kuwait
10.6.9.4 Saudi Arabia
10.6.9.5 Qatar
10.6.9.6 UAE
10.6.9.7 Israel
10.6.9.8 South Africa
10.7. South America Circulator Pumps Market
10.7.1 Key Market Trends, Growth Factors and Opportunities
10.7.2 Top Key Companies
10.7.3 Historic and Forecasted Market Size by Segments
10.7.4 Historic and Forecasted Market Size By By Type
10.7.4.1 Cast Iron Circulator Pump
10.7.4.2 Bronze Circulator Pump
10.7.4.3 Stainless Steel Circulator Pump
10.7.5 Historic and Forecasted Market Size By By Application
10.7.5.1 Industrial Circulation
10.7.5.2 Hot Water Heating System
10.7.5.3 Solar & Geothermal Systems
10.7.5.4 Air Conditioning
10.7.5.5 Domestic Water Recirculation
10.7.6 Historic and Forecasted Market Size By By Flow Rate
10.7.6.1 More than 45 m3/hr
10.7.6.2 Less than 15 m3/h
10.7.6.3 30-45 m3/hr
10.7.6.4 15-30 m3/hr
10.7.7 Historic and Forecasted Market Size By By Distribution Channel
10.7.7.1 Direct sales
10.7.7.2 Distributors
10.7.8 Historic and Forecasted Market Size By By End User
10.7.8.1 Residential
10.7.8.2 Commercial
10.7.8.3 Industrial
10.7.9 Historic and Forecast Market Size by Country
10.7.9.1 Brazil
10.7.9.2 Argentina
10.7.9.3 Rest of SA
Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies
Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
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Global Circulator Pumps Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2022 |
Market Size in 2023: |
USD 18.58 Bn. |
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Forecast Period 2024-32 CAGR: |
3.6 % |
Market Size in 2032: |
USD 25.54 Bn. |
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Segments Covered: |
By Type |
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By Application |
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By Flow Rate |
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By End User |
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By Region |
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Companies Covered in the report: |
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Frequently Asked Questions :
What would be the forecast period in the Circulator Pumps Market research report?
The forecast period in the Circulator Pumps Market research report is 2024-2030.
Who are the key players in the Circulator Pumps Market?
Grundfos (Denmark), Wilo SE (Germany), Xylem (US), Taco Comfort Solutions (US), Calpeda (Italy), DAB Pumps (Italy), Laing Thermotech (Germany), Armstrong Fluid Technology (Canada), Ebara Corporation (Japan), CNP Pump Industry (China), Grundfos Pumps India (India), Shimge Pump Industry Group (China), LEO Gruppen (Denmark), Speck Pumps (Germany), Stuart & Turner Ltd (UK), Salmson (France), Freiwerk (Germany), Fouress (China), Sterling Fluid Systems (US), Ruhrpumpen (Germany), HYDRO-TECHNIK GmbH (Germany), Zoeller Pump Company (US), Zhejiang Chenjie Pump Industry CO.LTD (China), Lamah Co. Ltd (Australia), Flowserve Corporation (US), and and Other Major Players.
What are the segments of the Circulator Pumps Market?
The Circulator Pumps Market is segmented into Type, Application, Flow Rate, Distribution Channel, End-User and region. By Type, the market is categorized into Cast Iron Circulator Pump, Bronze Circulator Pump, Stainless Steel Circulator Pump. By Application, the market is categorized into Industrial Circulation, Hot Water Heating System, Solar & Geothermal Systems, Air Conditioning, Domestic Water Recirculation. By Flow Rate, the market is categorized into More than 45 m3/hr, Less than 15 m3/h, 30-45 m3/hr, 15-30 m3/hr. By Distribution Channel the market is categorized into Direct sales, Distributors. By End-User the market is categorized into Residential, Commercial, Industrial. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.)
What is the Circulator Pumps Market?
The manufacture, distribution, and global consumption of circulator pumps together with their associated economic activity is often referred to as the global circulator pumps market. A type of centrifugal pump made especially for moving fluids around in a closed-loop system is the circulator pump. These pumps find extensive use in industrial process applications, geothermal heating and cooling systems, HVAC (heating, ventilation, and air conditioning) systems, and domestic hot water (DHW) systems.
How big is the Circulator Pumps Market?
Circulator Pumps Market Size Was Valued at USD 18.58 Billion in 2023, and is Projected to Reach USD 25.54 Billion by 2032, Growing at a CAGR of 3.6% From 2024-2032.
