Press release
HVAC Pumps Market Size, Forecasts Analysis, Industry Growth, Company Profiles, Global 2022 Industry Share and Key Regions 2026
The HVAC Pumps Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2026. The structured analysis contains graphical as well as a diagrammatic representation of the global HVAC Pumps Market with its specific geographical regions.The Global HVAC Pumps Market Size is Projected to Reach at a CAGR of 10% during 2022-2026.
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HVAC Pump Market: Overview
Rising adoption of HVAC pumps in the HVAC industry across the world to reduce the emission of carbon dioxide and growing governmental regulations across developed and developing economies to increase energy efficiency are expected to boost the HVAC pump market growth
The global HVAC pump market is expected to cross US$ 46.5 Bn by 2030 from US$ 27.37 Bn in 2020
North America holds a major share of the HVAC pump market in terms of volume and is anticipated to dominate the HVAC pump market during the forecast period, followed by Europe and Asia Pacific
North America remains the leading region in the HVAC pump market, with revenues in 2020 estimated to be over US$ 7.8 Bn
The key manufacturers covered in this report:
Grundfos, Bell & Gossett, Armstrong, KSB, TACO, Wilo, Aurora, Torishima, CNP
Recent Development:
Grundfos Holding A/S: Established in 1945, Grundfos Holding A/S supplies and manufactures pumps and pump solutions for water, buildings, and industrial applications. The company also manufactures electric motors for pumps and other systems. Grundfos supplies pumps to commercial buildings, industrial processes, and industrial utilities for drinking water treatment, water utilities, irrigation & agriculture, and water treatment processes. The company operates Grundfos Ecademy, an information platform and digital training tool, to keep itself abreast with latest developments in the pump industry.
Segmentation by type:
Single-stage
Multi-stage
Single-stage is the dominated type, which accounting for over 90% sales share in terms of volume in 2018.
Segmentation by application:
Residential
Commercial
Industrial
Redisential application is the most widely used in HAVC pumps market, which account for about 50% of the market share.
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North America HVAC Pump Market Snapshot
North America is a developed region and hence, innovation and new technologies are expected to be key trends in this region over the next few years. North America is anticipated to hold a prominent share of the global HVAC pump market in 2020. For the same reason, North America is likely to witness the highest opportunity addition in the HVAC pump market globally, with Europe and Asia Pacific being the next closest regions.
The regions are further sub-divided into:
North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa
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Highlights of the HVAC Pumps Market Report:
Detailed overview of HVAC Pumps Market
Changing the HVAC Pumps market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected HVAC Pumps market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of HVAC Pumps Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
Finally, the HVAC Pumps Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. HVAC Pumps industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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