End Suction Pump Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2031

According to Future Market Insights (FMI), sales in the global end suction pumps market are set to be valued at over US$ 3.8 Bn in 2021, with a stable long-term projection. The report also estimates the market to expand at over 4.6% CAGR from 2021 to 2031.

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Increasing energy costs and growing environmental awareness among end users are expected to drive demand for energy-efficient and cost-effective end suction pumps over the forecast period. Industries often rely on end suction pumps to improve pump efficiency and reduce energy consumption.

Key Takeaways from End Suction Pumps Market Study
• Close coupled pump segment is projected to hold over 80% volume share in the global market in 2021.
• The demand from industrial sector is set to account for 75% of the overall sales in the market.
• East Asia will remain a primary market, backed by expansion of industries and growing urbanization in the region. It is expected to account for over 25% of the demand registered globally in 2021.
• Upto 100 GPM end suction pumps sales is set to surge at CAGR of approximately 4.6% over the coming decade.
• Sales of end suction pumps in the U.S. will total US$ 992.4 Mn by 2031.

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Competition Landscape
The end suction pumps market is highly fragmented with more than 100 players across the world. The top companies account for around 15-20% of the market share. In order to achieve high sales, leading market players are creating contracts with end users and customizing solution to cater to industry specific requirements.
Some of the key players in this industry include but are not limited to Grundfos, Sulzer Ltd, Xylem Inc., KSB AG, Flowserve Corporation, Ebara Corporation, Kubota Corporation, Ruhrpumpen Group, Pentair plc, Kirloskar Brothers Ltd, Torishima Pump Mfg. Co., Ltd., and WILO SE.

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By Segmentation:
By Type:
• Close Coupled Pump
• Separately Coupled Pump
By Flow Rate:
• Upto 100 GPM
• 100 to 300 GPM
• 300 to 500 GPM
• 500 to 1,300 GPM
• 1,500 to 5,000 GPM
• Above 5,000 GPM
By Application:
• Commercial
o Hotels
o Swimming Pool
o Retail Space
o Office & Institution
• Industrial
o Food & Beverages
o Chemicals
o Mining & Metals
o Power Generation
o General Manufacturing
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

This release was published on openPR.