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Europe Circulator Pumps Market Size, Share & Trends Analysis Report By End User, By Flow Rate (More than 45 m3/hr, Less than 15 m3/h, 30-45 m3/hr, and 15-30 m3/hr), By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 150 Pages
  • March 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953722
The Europe Circulator Pumps Market would witness market growth of 2.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 7,765.8 thousand units, showcasing a growth of 2.6% (2019-2022).

Circulator pumps with capacities ranging from 30 to 45 m3/h cater to applications requiring higher fluid flow rates, making them indispensable in various sectors. In commercial buildings, such pumps are often employed in larger HVAC systems where there is a need to circulate significant volumes of water for heating, cooling, or ventilation purposes. Consequently, the German market utilized 271.0 thousand units in the market in 2022.



The Germany market dominated the Europe Circulator Pumps Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,045.4 million by 2030. The UK market is exhibiting a CAGR of 2.6% during (2023 - 2030). Additionally, The France market would experience a CAGR of 2.3% during (2023 - 2030).

These pumps are integral components of heating, cooling, and fluid circulation systems, where they play a crucial role in optimizing energy usage. An increasing emphasis is being placed on increasing the energy efficiency of HVAC systems and industrial processes as environmental concerns intensify and energy costs continue to rise. Energy-efficient circulator pumps, with features such as variable speed drives, high-efficiency motors, and advanced controls, offer significant energy savings compared to traditional fixed-speed pumps. Adoption is driven by businesses' and customers' potential for financial savings and decreased environmental impact.

The retrofit market presents significant opportunities to adopt circulator pumps as existing buildings and industrial facilities seek to upgrade outdated or inefficient HVAC systems. Retrofitting with energy-efficient pumps allows property owners to improve system performance, reduce energy costs, and comply with regulatory requirements without major infrastructure changes. Incentive programs, tax incentives, and financing options for energy efficiency upgrades encourage the adoption of these pumps in retrofit projects.

The UK is investing in smart infrastructure initiatives to enhance urban infrastructure networks' efficiency, sustainability, and resilience. In 2022, the U.K. Government planned to invest over 160 million dollars to improve infrastructure and aid local communities. The expenditure of £35.3 million for essential maintenance on the Tyne Bridge and adjacent Central Motorway, like enhancements to traffic management and cycle route facilities, will generate £130.5 million in economic benefits by enhancing local connectivity. The A35 Redbridge Causeway is a crucial link between the New Forest, Southampton, and its port. Its essential maintenance will cost £13.4 million, and enhanced connectivity will result in roughly £340 million in direct economic benefits. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on End User, the market is segmented into Commercial, Residential, and Industrial. Based on Flow Rate, the market is segmented into More than 45 m3/hr, Less than 15 m3/h, 30-45 m3/hr, and 15-30 m3/hr. Based on Application, the market is segmented into Industrial Circulation, Hot Water Heating System, Solar & Geothermal Systems, Air Conditioning, Domestic Water Recirculation and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Xylem, Inc.
  • Paloma Co., Ltd. (Rheem Manufacturing Company)
  • Honeywell International, Inc.
  • The Danfoss Group
  • Grundfos Holding A/S
  • Pentair PLC
  • Flowserve Corporation
  • WILO SE
  • Taco, Inc.
  • Armstrong Fluid Technology Inc.

Market Report Segmentation

By End User (Volume, Thousand Units, USD Billion, 2019-2030)
  • Commercial
  • Residential
  • Industrial
By Flow Rate (Volume, Thousand Units, USD Billion, 2019-2030)
  • More than 45 m3/hr
  • Less than 15 m3/h
  • 30-45 m3/hr
  • 15-30 m3/hr
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
  • Industrial Circulation
  • Hot Water Heating System
  • Solar & Geothermal Systems
  • Air Conditioning
  • Domestic Water Recirculation
  • Others
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Circulator Pumps Market, by End User
1.4.2 Europe Circulator Pumps Market, by Flow Rate
1.4.3 Europe Circulator Pumps Market, by Application
1.4.4 Europe Circulator Pumps Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies deployed in Circulator Pumps Market
Chapter 5. Europe Circulator Pumps Market by End User
5.1 Europe Commercial Market by Country
5.2 Europe Residential Market by Country
5.3 Europe Industrial Market by Country
Chapter 6. Europe Circulator Pumps Market by Flow Rate
6.1 Europe More than 45 m3/hr Market by Country
6.2 Europe Less than 15 m3/h Market by Country
6.3 Europe 30-45 m3/hr Market by Country
6.4 Europe 15-30 m3/hr Market by Country
Chapter 7. Europe Circulator Pumps Market by Application
7.1 Europe Industrial Circulation Market by Country
7.2 Europe Hot Water Heating System Market by Country
7.3 Europe Solar & Geothermal Systems Market by Country
7.4 Europe Air Conditioning Market by Country
7.5 Europe Domestic Water Recirculation Market by Country
7.6 Europe Others Market by Country
Chapter 8. Europe Circulator Pumps Market by Country
8.1 Germany Circulator Pumps Market
8.1.1 Germany Circulator Pumps Market by End User
8.1.2 Germany Circulator Pumps Market by Flow Rate
8.1.3 Germany Circulator Pumps Market by Application
8.2 UK Circulator Pumps Market
8.2.1 UK Circulator Pumps Market by End User
8.2.2 UK Circulator Pumps Market by Flow Rate
8.2.3 UK Circulator Pumps Market by Application
8.3 France Circulator Pumps Market
8.3.1 France Circulator Pumps Market by End User
8.3.2 France Circulator Pumps Market by Flow Rate
8.3.3 France Circulator Pumps Market by Application
8.4 Russia Circulator Pumps Market
8.4.1 Russia Circulator Pumps Market by End User
8.4.2 Russia Circulator Pumps Market by Flow Rate
8.4.3 Russia Circulator Pumps Market by Application
8.5 Spain Circulator Pumps Market
8.5.1 Spain Circulator Pumps Market by End User
8.5.2 Spain Circulator Pumps Market by Flow Rate
8.5.3 Spain Circulator Pumps Market by Application
8.6 Italy Circulator Pumps Market
8.6.1 Italy Circulator Pumps Market by End User
8.6.2 Italy Circulator Pumps Market by Flow Rate
8.6.3 Italy Circulator Pumps Market by Application
8.7 Rest of Europe Circulator Pumps Market
8.7.1 Rest of Europe Circulator Pumps Market by End User
8.7.2 Rest of Europe Circulator Pumps Market by Flow Rate
8.7.3 Rest of Europe Circulator Pumps Market by Application
Chapter 9. Company Profiles
9.1 Xylem, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Paloma Co., Ltd. (Rheem Manufacturing Company)
9.2.1 Company Overview
9.2.2 SWOT Analysis
9.3 Honeywell International, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 The Danfoss Group
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Grundfos Holding A/S
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Pentair PLC
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 SWOT Analysis
9.7 Flowserve Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 WILO SE
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Research & Development Expenses
9.8.4 Recent strategies and developments:
9.8.4.1 Partnerships, Collaborations, and Agreements:
9.8.4.2 Product Launches and Product Expansions:
9.9 Taco, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.10. Armstrong Fluid Technology Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
9.10.2.2 Geographical Expansions:

Companies Mentioned

  • Xylem, Inc.
  • Paloma Co., Ltd. (Rheem Manufacturing Company)
  • Honeywell International, Inc.
  • The Danfoss Group
  • Grundfos Holding A/S
  • Pentair PLC
  • Flowserve Corporation
  • WILO SE
  • Taco, Inc.
  • Armstrong Fluid Technology Inc.

Methodology

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