Circulator Pumps Market
Circulator Pumps Market - Global Industry Assessment & Forecast
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
Circulator Pumps Market Segment Analysis
- Circulator Pumps Flow Rate Outlook (Revenue, USD Million, 2018 - 2030)
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Circulator Pumps Application Outlook (Revenue, USD Million, 2018 - 2030)
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Circulator Pumps End User Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
-
North America Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
-
North America Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- U.S.
- U.S. Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- U.S. Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- U.S. Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- U.S. Circulator Pumps Market, by Flow Rate
- Canada
- Canada Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Canada Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Canada Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Canada Circulator Pumps Market, by Flow Rate
-
Mexico
- Mexico Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Mexico Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Mexico Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Mexico Circulator Pumps Market, by Flow Rate
-
North America Circulator Pumps Market, by Flow Rate
- Europe
-
Europe Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
-
Europe Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
-
Europe Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- U. K.
- U.K. Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- U.K. Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- U.K. Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- U.K. Circulator Pumps Market, by Flow Rate
- France
- France Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- France Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- France Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- France Circulator Pumps Market, by Flow Rate
-
Germany
- Germany Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Germany Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Germany Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Germany Circulator Pumps Market, by Flow Rate
-
Italy
- Italy Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Italy Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Italy Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Italy Circulator Pumps Market, by Flow Rate
-
Spain
- Spain Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Spain Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Spain Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Spain Circulator Pumps Market, by Flow Rate
-
Rest of Europe
- Rest of Europe Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Rest of Europe Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Rest of Europe Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Europe Circulator Pumps Market, by Flow Rate
-
Europe Circulator Pumps Market, by Flow Rate
- Asia Pacific
-
Asia Pacific Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
-
Asia Pacific Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
-
Asia Pacific Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- China
- China Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- China Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- China Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- China Circulator Pumps Market, by Flow Rate
- Japan
- Japan Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Japan Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Japan Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Japan Circulator Pumps Market, by Flow Rate
-
Germany
- Germany Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Germany Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Germany Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Germany Circulator Pumps Market, by Flow Rate
-
India
- India Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- India Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- India Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- India Circulator Pumps Market, by Flow Rate
-
South Korea
- South Korea Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- South Korea Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- South Korea Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- South Korea Circulator Pumps Market, by Flow Rate
-
South East Asia
- South East Asia Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- South East Asia Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- South East Asia Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- South East Asia Circulator Pumps Market, by Flow Rate
-
Rest of Asia Pacific
- Rest of Asia Pacific Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Rest of Asia Pacific Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Rest of Asia Pacific Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Circulator Pumps Market, by Flow Rate
-
Asia Pacific Circulator Pumps Market, by Flow Rate
- Latin America
-
Latin America Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
-
Latin America Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
-
Latin America Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Brazil
- Brazil Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Brazil Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Brazil Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Brazil Circulator Pumps Market, by Flow Rate
- Argentina
- Argentina Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Argentina Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Argentina Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Argentina Circulator Pumps Market, by Flow Rate
-
Rest of Latin America
- Rest of Latin America Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Rest of Latin America Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Rest of Latin America Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Latin America Circulator Pumps Market, by Flow Rate
-
Latin America Circulator Pumps Market, by Flow Rate
- Middle East & Africa
-
Middle East & Africa Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
-
Middle East & Africa Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
-
Middle East & Africa Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- GCC Countries
- GCC Countries Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- GCC Countries Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- GCC Countries Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- GCC Countries Circulator Pumps Market, by Flow Rate
- South Africa
- South Africa Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- South Africa Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- South Africa Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- South Africa Circulator Pumps Market, by Flow Rate
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Circulator Pumps Market, by Flow Rate
- Less than 15 m3/hr
- 15-30 m3/hr
- 30-45 m3/hr
- More than 45 m3/hr
- Rest of Middle East & Africa Circulator Pumps Market, by Application
- Hot Water Heating System
- Industrial Circulation
- Domestic Water Recirculation
- Solar and Geothermal Systems
- Air Conditioning
- Other Applications
- Rest of Middle East & Africa Circulator Pumps Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Circulator Pumps Market, by Flow Rate
-
Middle East & Africa Circulator Pumps Market, by Flow Rate
- North America
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.