Press release
Key Trend Reshaping the Booster Pump Market in 2025: Technological Advancements In Booster Pumps With The Rise of Smart Solutions For Enhanced Efficiency And Real-Time Control
Booster Pump Market Share
The market for booster pumps has seen a compelling growth in the preceding years. The market which was valued at $2.55 billion in 2024 is projected to swell to $2.71 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%. The historic period witnessed growth due to factors such as increase in oil and gas industries, expansion in food and beverage sector, population growth, escalating agriculture demand, and a surge in residential construction.
Significant expansion is predicted in the booster pump market over the upcoming years, with an estimate to reach $3.41 billion by 2029, boasting a compound annual growth rate (CAGR) of 5.9%. The growth anticipated within the projection period can be associated with factors such as a rise in water consumption, growth in building and construction sector, intensifying demand for water, the widening implementation of pipelines, and the escalating demand for API and ANSI pumps. Key trends during the forecast period encompass the advent of innovative, high-end regular pumps, technological progress in pumping systems, the emergence of energy-saving pumps, advanced manufacturing methodologies, and the creation of pioneering products.
What Are the Main Catalysts for Growth in the Booster Pump Market?
The booster pump market is predicted to grow in line with the expansion of the residential construction sector. The construction and development of dwellings such as single-family homes, condominiums, and apartments come under residential construction. It also includes the necessary planning, design, and construction processes to develop habitable environments for individuals and their families. The rise in residential construction is influenced by factors like population increase, urbanization, changes in lifestyle, and initiatives to provide affordable housing. Booster pumps are crucial to maintain uninterrupted water pressure for multi-story residential buildings and isolated areas. They boost the performance of plumbing systems and offer a dependable water source for routine usage and fire safety. For instance, the Australian Bureau of Statistics, a government agency based in Australia, reported in March 2024 that there are 30,992 in new private dwelling constructions, a 14.6% rise from the previous year, March 2023. Consequently, the expansion in residential construction fuels the growth of the booster pump market.
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Which Businesses Are at the Forefront of Booster Pump Market Development?
Major companies operating in the booster pump market are Xylem Water Solutions India Private Limited, Ebara Corporation, Grundfos Holding A/S, Pentair plc, Flowserve Corporation, Alfred Kärcher SE & Co. KG, ITT Inc., Weir Group plc, KSB SE & Co. KGaA, Wilo Group SE, Franklin Electric Co. Inc., Ruhrpumpen Group India Pvt. Ltd., Smith & loveless inc., Armstrong Fluid Technology, Calpeda S.p.A., Pedrollo S.p.A., Davey Water Products, Dab Pumps Ltd., CNP Pumps India Pvt. Ltd., Pluga Pumps Co., Aquatec International Inc., Eddy Pump Corporation
What Are the Latest Innovations in the Booster Pump Market?
Prominent businesses in the booster pump market are concentrating on technology improvements, such as intelligent booster pumps, to boost efficacy, increase performance, and provide instant monitoring and control features. Intelligent booster pumps incorporate modern sensor and control technology to optimize both water pressure and energy productivity, thereby meeting the increased demand for sustainable solutions in residential and commercial infrastructures. For example, Tecnodyne Pumps Inc., a US firm that specializes in industrial pump production, unveiled the TecnoBoost4, an intelligent booster pump, in December 2022. TecnoBoost4 comes with real-time tracking and adjustable pressure management, ensuring reliable performance while minimizing energy use. Furthermore, its intuitive interface facilitates easy integration and remote control, making it versatile for a wide range of uses, from residential properties to commercial facilities.
How Is the Booster Pump Market Segmented?
The booster pumpmarket covered in this report is segmented -
1) By Product: Centrifugal Pumps, Reciprocating Pumps, Rotary Pumps
2) By Type: Single-Stage, Multi-Stage, Other Types
3) By Material: Cast Iron, Aluminum, Stainless Steel, Other Material
4) By Distribution Channel: Direct Sales, Indirect Sales
5) By Application: Household, Commercial, Agricultural, Other Applications
Subsegments:
1) By Centrifugal Pumps: Single-Stage Centrifugal Pumps, Multi-Stage Centrifugal Pumps, Horizontal Centrifugal Pumps, Vertical Centrifugal Pumps, Self-Priming Centrifugal Pumps, End Suction Centrifugal Pumps, In-Line Centrifugal Pumps
2) By Reciprocating Pumps: Single-Acting Reciprocating Pumps, Double-Acting Reciprocating Pumps, Plunger Pumps, Piston Pumps, Diaphragm Pumps, Hydraulic Reciprocating Pumps
3) By Rotary Pumps: Gear Pumps, Screw Pumps, Vane Pumps, Lobe Pumps, Peristaltic Pumps, Progressing Cavity Pumps.
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Where Is the Booster Pump Market Growth Most Prominent?
North America was the largest region in the booster pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the booster pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Booster Pump Global Market Report?
- Market Size Analysis: Analyze the Booster Pump Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Booster Pump Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Booster Pump Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Booster Pump Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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