Hot water circulating pumps are basically a category of circulating pumps, which ensure immediate availability of hot water from the taps, faucets, or exhaust systems. These pumps impel hot water through the pipes, at a steady pace, and back to the water heater through a dedicated line or through a cold water line.
The hot water circulating pumps market is mainly gaining traction, globally due to their ability to save water. Rapidly growing usage in commercial and residential applications coupled with the continued employment in industries, is expected to positively impact the hot water circulating system market.
The global market has seen a rising demand for hot water circulating pump owing to its growing demand from its application sectors such as residential, commercial and industrial. The demand for residential purpose has been the major driving factor. Moreover, the rising preference for hot water in cold countries, have fueled the demand for hot water circulating pumps. On the other hand, the high prices of circulating pump, higher maintenance and installation cost, have been the major restraining factors for the global hot water circulator pump market.
In 2019, the market size of Hot Water Circulator Pump is 19400 million US$ and it will reach 24500 million US$ in 2025, growing at a CAGR of 3.0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hot Water Circulator Pump.
This report studies the global market size of Hot Water Circulator Pump, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Hot Water Circulator Pump production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Xylem
Grundfos
Flowserve
Armstrong Fluid Technology
Calpeda
BACOENG
Taco
AUMA Riester
Emile Egger & Cie
Saer Elettropompe
Market Segment by Product Type
Single-Stage Pump
Multistage Pumps
Market Segment by Application
Residential
Commercial
Industrial
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Hot Water Circulator Pump status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Hot Water Circulator Pump manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Hot Water Circulator Pump are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Hot Water Circulator Pump. Industry analysis & Market Report on Hot Water Circulator Pump is a syndicated market report, published as Global (United States, European Union and China) Hot Water Circulator Pump Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Hot Water Circulator Pump market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.