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Circulator Pumps Market

Circulator Pumps Market

Circulator Pumps Market - Global Industry Assessment & Forecast

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Heavy Industry
Number Of Pages # Pages:

189

Base Year:

2023

Date

Jul - 2024

Format:

PDF XLS PPT

Report Code:

VMR-VMR-2021-0748

Segments Covered
  • By Flow Rate By Flow Rate Less than 15 m3/hr, 15-30 m3/hr, 30-45 m3/hr, More than 45 m3/hr
  • By Application By Application Hot Water Heating System, Industrial Circulation, Domestic Water Recirculation, Solar and Geothermal Systems, Air Conditioning, Other Applications
  • By End User By End User Residential, Commercial, Industrial
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 18.3 Billion
Revenue 2032Revenue 2032: USD 26.15 Billion
Revenue CAGRRevenue CAGR (2024 - 2032): 3.5%
Fastest Growing Region Fastest Growing Region (2024 - 2032) North America
Largest Region Largest Region (2023): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Circulator Pumps Market - Segment Analysis
    1. Overview
    2. Global Circulator Pumps Market, 2016 - 2028 (USD Million)
    3. Global Circulator Pumps Market - by Flow Rate
      1. By Less than 15 m3/hr
      2. By 15-30 m3/hr
      3. By 30-45 m3/hr
      4. By More than 45 m3/hr
    4. Global Circulator Pumps Market - by Application
      1. By Hot Water Heating System
      2. By Industrial Circulation
      3. By Domestic Water Recirculation
      4. By Solar and Geothermal Systems
      5. By Air Conditioning
      6. By Other Applications
    5. Global Circulator Pumps Market - by End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Global Circulator Pumps Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Circulator Pumps Market - Segment Analysis
    1. Overview
    2. North America Circulator Pumps Market, 2016 - 2028 (USD Million)
    3. North America Circulator Pumps Market, by Flow Rate
      1. By Less than 15 m3/hr
      2. By 15-30 m3/hr
      3. By 30-45 m3/hr
      4. By More than 45 m3/hr
    4. North America Circulator Pumps Market, by Application
      1. By Hot Water Heating System
      2. By Industrial Circulation
      3. By Domestic Water Recirculation
      4. By Solar and Geothermal Systems
      5. By Air Conditioning
      6. By Other Applications
    5. North America Circulator Pumps Market, by End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. North America Circulator Pumps Market, by Country
      1. U.S.
        1. U.S. Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. U.S. Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. U.S. Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      2. Canada
        1. Canada Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Canada Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Canada Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      3. Mexico
        1. Mexico Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Mexico Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Mexico Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
  5. Europe Circulator Pumps Market - Segment Analysis
    1. Overview
    2. Europe Circulator Pumps Market, 2016 - 2028 (USD Million)
    3. Europe Circulator Pumps Market, by Flow Rate
      1. By Less than 15 m3/hr
      2. By 15-30 m3/hr
      3. By 30-45 m3/hr
      4. By More than 45 m3/hr
    4. Europe Circulator Pumps Market, by Application
      1. By Hot Water Heating System
      2. By Industrial Circulation
      3. By Domestic Water Recirculation
      4. By Solar and Geothermal Systems
      5. By Air Conditioning
      6. By Other Applications
    5. Europe Circulator Pumps Market, by End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Europe Circulator Pumps Market, by Country
      1. Germany
        1. Germany Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Germany Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Germany Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      2. UK
        1. UK Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. UK Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. UK Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      3. France
        1. France Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. France Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. France Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      4. Spain
        1. Spain Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Spain Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Spain Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      5. Italy
        1. Italy Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Italy Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Italy Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      6. BENELUX
        1. BENELUX Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. BENELUX Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. BENELUX Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      7. Rest of Europe
        1. Rest Of Europe Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Rest Of Europe Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Rest Of Europe Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
  6. Asia Pacific Circulator Pumps Market - Segment Analysis
    1. Overview
    2. Asia Pacific Circulator Pumps Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Circulator Pumps Market, by Flow Rate
      1. By Less than 15 m3/hr
      2. By 15-30 m3/hr
      3. By 30-45 m3/hr
      4. By More than 45 m3/hr
    4. Asia Pacific Circulator Pumps Market, by Application
      1. By Hot Water Heating System
      2. By Industrial Circulation
      3. By Domestic Water Recirculation
      4. By Solar and Geothermal Systems
      5. By Air Conditioning
      6. By Other Applications
    5. Asia Pacific Circulator Pumps Market, by End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Asia Pacific Circulator Pumps Market, by Country
      1. China
        1. China Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. China Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. China Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      2. Japan
        1. Japan Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Japan Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Japan Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      3. India
        1. India Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. India Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. India Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      4. South Korea
        1. South Korea Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. South Korea Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. South Korea Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      5. South East Asia
        1. South East Asia Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. South East Asia Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. South East Asia Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Rest of Asia Pacific Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Rest of Asia Pacific Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
  7. Latin America Circulator Pumps Market - Segment Analysis
    1. Overview
    2. Latin America Circulator Pumps Market, 2016 - 2028 (USD Million)
    3. Latin America Circulator Pumps Market, by Flow Rate
      1. By Less than 15 m3/hr
      2. By 15-30 m3/hr
      3. By 30-45 m3/hr
      4. By More than 45 m3/hr
    4. Latin America Circulator Pumps Market, by Application
      1. By Hot Water Heating System
      2. By Industrial Circulation
      3. By Domestic Water Recirculation
      4. By Solar and Geothermal Systems
      5. By Air Conditioning
      6. By Other Applications
    5. Latin America Circulator Pumps Market, by End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Latin America Circulator Pumps Market, by Country
      1. Brazil
        1. Brazil Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Brazil Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Brazil Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      2. Argentina
        1. Argentina Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Argentina Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Argentina Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      3. Rest of Latin America
        1. Rest of Latin America Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Rest of Latin America Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Rest of Latin America Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
  8. Middle East & Africa Circulator Pumps Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Circulator Pumps Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Circulator Pumps Market, by Flow Rate
      1. By Less than 15 m3/hr
      2. By 15-30 m3/hr
      3. By 30-45 m3/hr
      4. By More than 45 m3/hr
    4. Middle East & Africa Circulator Pumps Market, by Application
      1. By Hot Water Heating System
      2. By Industrial Circulation
      3. By Domestic Water Recirculation
      4. By Solar and Geothermal Systems
      5. By Air Conditioning
      6. By Other Applications
    5. Middle East & Africa Circulator Pumps Market, by End User
      1. By Residential
      2. By Commercial
      3. By Industrial
    6. Middle East & Africa Circulator Pumps Market, by Country
      1. GCC Countries
        1. GCC Countries Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. GCC Countries Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. GCC Countries Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      2. South Africa
        1. South Africa Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. South Africa Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. South Africa Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Circulator Pumps Market, By Flow Rate
          1. By Less than 15 m3/hr
          2. By 15-30 m3/hr
          3. By 30-45 m3/hr
          4. By More than 45 m3/hr
        2. Rest of Middle East & Africa Circulator Pumps Market, By Application
          1. By Hot Water Heating System
          2. By Industrial Circulation
          3. By Domestic Water Recirculation
          4. By Solar and Geothermal Systems
          5. By Air Conditioning
          6. By Other Applications
        3. Rest of Middle East & Africa Circulator Pumps Market, By End User
          1. By Residential
          2. By Commercial
          3. By Industrial
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Grundfos (Denmark)
    2. Armstrong Fluid Technology Inc. (Canada)
    3. Danfoss A/S (Denmark)
    4. Honeywell International Inc. (U.S.)
    5. Xylem Inc. (U.S.)
    6. Taco Comfort Solutions (U.S.)
    7. WILO SE (Germany)
    8. Pentair PLC (U.S.)
    9. Flowserve Corp. (U.S.)
    10. Rheem Manufacturing Company Inc. (U.S.)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question

  • 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%.

  • 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.).

  • The market is project to grow at a CAGR of 3.5% between 2024 and 2032.

  • The driving factors of the Circulator Pumps include

  • Asia Pacific was the leading regional segment of the Circulator Pumps in 2023.

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