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Circulator Pumps Market to Reach USD 24.95 Billion by 2030, Growing at a 3.4% CAGR

01-06-2025 08:22 AM CET | Energy & Environment

Press release from: MAXIMIZE MARKET RESEARCH PVT.LTD

Circulator Pumps Market

Circulator Pumps Market

๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The circulator pumps market is witnessing rapid growth, driven by increasing demand for energy-efficient solutions and advanced heating and cooling systems across residential, commercial, and industrial sectors. The global circulator pumps market is valued at USD 19.74 billion in 2023 and is projected to grow at a CAGR of 3.4% during 2024-2030, reaching USD 24.95 billion by the end of the forecast period. This press release explores market dynamics, key recent developments, and country-specific trends in Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/187976/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ'๐ฌ ๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Vietnam is witnessing robust infrastructure development, coupled with increasing investments in energy-efficient technologies. The circulator pumps market in Vietnam is expected to grow at a CAGR of XX% through 2030. Recent developments include partnerships such as Company A's collaboration with Company B to develop localized circulator pump solutions. Additionally, government initiatives to modernize the HVAC sector are creating lucrative opportunities for key players.

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐'๐ฌ ๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Thailand's circulator pumps market is experiencing significant growth due to the adoption of IoT-enabled systems and smart technologies. The market size was valued at USD XX million in 2023 and is anticipated to grow at a CAGR of XX% over the forecast period. Company C and Company D recently announced a joint venture aimed at producing energy-efficient circulator pumps tailored for Thailand's industrial requirements.

๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ฅ๐ž ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง'๐ฌ ๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Japan remains a frontrunner in adopting environmentally sustainable solutions. The circulator pumps market in Japan is projected to reach USD XX million by 2030, growing at a CAGR of XX%. Companies like Company E are investing heavily in R&D to meet stringent energy regulations. Notable mergers include the acquisition of Company F by Company G, aiming to expand its footprint in Asia.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/187976/

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐Ÿ๐จ๐ซ ๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea is leveraging smart grid technologies to integrate energy-efficient circulator pumps in urban infrastructure. The market was valued at USD XX million in 2023 and is forecasted to grow at a CAGR of XX%. Key players such as Company H have introduced advanced circulator pumps catering to South Korea's smart city initiatives. Government-backed projects are further fueling market expansion.

๐“๐ซ๐ž๐ง๐๐ฌ ๐’๐ก๐š๐ฉ๐ข๐ง๐  ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž'๐ฌ ๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Singapore is adopting innovative circulator pump technologies to support its green building initiatives. The market is expected to grow at a CAGR of XX%, reaching USD XX million by 2030. Recent developments include Company I's partnership with local distributors to improve supply chain efficiency. Consolidation trends are evident as Company J acquired a major stake in Company K to strengthen its market position in Southeast Asia.

๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’ ๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The US dominates the circulator pumps market due to high demand from industrial and residential sectors. The market size was USD XX billion in 2023 and is expected to grow at a CAGR of XX%. Notable developments include Company L's introduction of AI-enabled circulator pumps and Company M's acquisition of Company N to enhance its product portfolio. Policies promoting energy-efficient technologies continue to drive growth.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/187976/

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž'๐ฌ ๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

Europe holds a significant share of the circulator pumps market, driven by stringent environmental regulations. The market is projected to grow at a CAGR of XX%, reaching USD XX billion by 2030. Major players such as Company O and Company P are focusing on mergers and acquisitions to consolidate their market position. Recent advancements include the launch of smart circulator pumps by Company Q, designed for residential and commercial applications.

๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

Vertical circulator pumps
Horizontal circulator pumps

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Residential
Commercial
Industrial

๐›๐ฒ ๐๐จ. ๐Ž๐Ÿ ๐’๐ญ๐š๐ ๐ž๐ฌ

Single Stage
Multi-Stage

๐›๐ฒ ๐๐จ๐ฐ๐ž๐ซ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง

Below 1 HP
1-5 HP
Above 5 Hp

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Direct Sales
Distributors

๐›๐ฒ ๐‘๐จ๐ญ๐จ๐ซ ๐“๐ฒ๐ฉ๐ž

Below 100 Ah
100-200 Ah
Above 200 Ah

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/circulator-pumps-market/187976/

๐‚๐ข๐ซ๐œ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Grundfos - Bjerringbro, Denmark
2. Wilo SE - Dortmund, Germany
3. Taco Comfort Solutions - Cranston, Rhode Island, USA
4. Xylem Inc. - Rye Brook, New York, USA
5. Armstrong Fluid Technology - Toronto, Canada
6. Honeywell International Inc. - Charlotte, North Carolina, USA
7. Pentair plc - London, UK
8. Rheem Manufacturing Company - Atlanta, Georgia, USA
9. Bell & Gossett (a brand of Xylem Inc.) - Morton Grove, Illinois, USA
10.Flowserve Corporation - Irving, Texas, USA
11.Danfoss A/S - Nordborg, Denmark
12.DAB Pumps S.p.A. - Mestrino, Italy
13.Zhejiang Doyin Pump Industry Co., Ltd. - Taizhou, China
14.ITT Inc. - White Plains, New York, USA
15.KSB SE & Co. KGaA - Frankenthal, Germany
16.Mitsubishi Electric Corporation - Tokyo, Japan
17.Panasonic Corporation - Osaka, Japan
18.Ebara Corporation - Tokyo, Japan
19.Shimge Pump Industry Group Co., Ltd. - Taizhou, China
20.Armstrong International, Inc. - Three Rivers, Michigan, USA
21.Circulator Pump Sales, Inc. - Denver, Colorado, USA
22.Taizhou Zunhualong Pump Co., Ltd. - Taizhou, China
23.Roper Technologies, Inc. - Sarasota, Florida, USA
24.Franklin Electric Co., Inc. - Fort Wayne, Indiana, USA
25.Shakti Pumps (India) Ltd. - Pithampur, India

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Biochar Market https://www.maximizemarketresearch.com/market-report/biochar-market/11779/

โ™ฆ Ductless Hvac System Market https://www.maximizemarketresearch.com/market-report/global-ductless-hvac-system-market/28305/

โ™ฆ Smart Meters Market https://www.maximizemarketresearch.com/market-report/global-smart-meters-market/21336/

โ™ฆ Synthetic Fuel Market https://www.maximizemarketresearch.com/market-report/global-synthetic-fuel-market/74378/

โ™ฆ Turbines Market https://www.maximizemarketresearch.com/market-report/global-turbines-market/148221/

โ™ฆ Wood Chips Market https://www.maximizemarketresearch.com/market-report/global-wood-chips-market/115358/

โ™ฆ Grid-forming Inverter Market https://www.maximizemarketresearch.com/market-report/grid-forming-inverter-market/237307/

โ™ฆ Stationary Generators Market https://www.maximizemarketresearch.com/market-report/stationary-generators-market/146999/

โ™ฆ Wind Turbine Forging Market: https://www.maximizemarketresearch.com/market-report/wind-turbine-forging-market/219987/

โ™ฆ Global Electrical Submersible Pumps Market https://www.maximizemarketresearch.com/market-report/global-electrical-submersible-pumps-market/30502/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Researchmoz added Most up-to-date research on "Global Wearables in Healthcare Market Insights, Forecast to 2025" to its huge collection of research reports. The global Wearables in Healthcare market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR of during 2018-2025. The objectives of this study are to define, segment, and project the size of the Wearables in Healthcareโ€ฆ
12-14-2018 | IT, New Media & Software
Research Reports Inc.
Risk Analysis Management Market Outlook to 2023 โ€“ FireMon (USA), ForcePoint (U โ€ฆ
Risk and Vulnerability Analysis โ€“ including the ability to create virtual network maps and visualize network connections and analyze traffic flow In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Risk Analysis Management market for 2018-2023. Request for Sample of Global Risk Analysis Management Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=232759 Over the next five years, Publisher projects that Risk Analysis Management willโ€ฆ
11-28-2018 | IT, New Media & Software
Research Reports Inc.
Risk Analysis Management Market Outlook to 2023 โ€“ FireMon (USA), ForcePoint (U โ€ฆ
In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Risk Analysis Management market for 2018-2023. Risk and Vulnerability Analysis โ€“ including the ability to create virtual network maps and visualize network connections and analyze traffic flow Request for Sample of Global Risk Analysis Management Market 2018 Research Report: https://www.researchreportsinc.com/sample-request?id=232759 Over the next five years, Publisher projects that Risk Analysis Management willโ€ฆ