Electric Water Recirculation Pumps Market Scope
Electric water re-circulating pump circulates domestic hot water so that any faucet or shower can provide hot water on demand. These systems gradually circulate hot water through your hot water pipes and back to the water heater via a dedicated line or the cold water line. A recirculating pump's function is to ensure that hot water is always available as close to the consumption point as possible, reducing water waste and increasing comfort. Because the flow variation is so small, uncontrolled pumps are typically used.
|Unit||Value (USD Million)|
|Key Companies Profiled||Feilong Auto Components (China), SANHUA Automotive (United States), Yinlun (China), Jiangsu Leili Motor (China), Gates (United States), Hanon Systems (South Korea), Bosch (Germany), Continental (Germany), Aisin (Japan) and Rheinmetall Automotive (Germany)|
The global market for electric water recirculation pumps is highly fragmented, with numerous international and domestic players playing significant roles. They provide products based on customer needs and applications. Vendors primarily target countries with extremely cold climates and countries undergoing rapid industrialization and urbanization. Research Analyst at AMA estimates that German Manufacturers will contribute to the maximum growth of Global Electric Water Recirculation Pumps market throughout the predicted period.
Feilong Auto Components (China), SANHUA Automotive (United States), Yinlun (China), Jiangsu Leili Motor (China), Gates (United States), Hanon Systems (South Korea), Bosch (Germany), Continental (Germany), Aisin (Japan) and Rheinmetall Automotive (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are MAHLE (Germany), GMB (Germany), Buehler Motor (Germany) and Others.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Electric Water Recirculation Pumps market by Type (12V Electric Water Pump, 24V Electric Water Pump and 48V Electric Water Pump) and Region with country level break-up.
On the basis of geography, the market of Electric Water Recirculation Pumps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2021.
Market Leaders and their expansionary development strategiesFidelium Partners has acquired Bosch’s Munich-based hydraulic pumps business. The subsidiary will take on around 900 employees at locations in Germany, the US, China, and Brazil, provided that pending permits have been issued. The parties have agreed not to disclose the purchase price
Bosch has launched a new program of 100 percent new, premium-technology water pumps to meet the needs of the replacement market. The company’s new water pump program provides 97 percent coverage for domestic and import cars, vans and medium and heavy duty trucks as well as coverage for off-highway and marine applications.
Water pumps are covered by ecodesign requirements according to Regulation (EU) No 547/2012. The requirements only apply to water pumps as described in Article 1 and 2 of the Regulation.
- Developments in Water and Electric Water Recirculation Pumps Industry
- Rise in Adoption of Recirculation Pumps Generation Technology
- Vendors in the Electric Water Pump Are Concentrating On Gaining Business
- Government Spending On the Electric Water Pumps Treatment
- Increasing Demand For Freshwater And a Clean Environment Will Create Opportunity for the Market Growth
- Rise in Urbanization in Developing Nations Has Caused Rise in Demand for Electric Water Pumps
- Stable Power Supply Utilizing Batteries and Provision of Surplus Power Pool
- Problems Related With the Leakage of the Electric Water Recirculation Pumps
- High Maintenance Cost Hindering the Electric Water Recirculation Pumps Market
- Electricity Network Operators Must Ensure the Electric Network's Dependable Operation without Exceeding the Voltage Level
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Electric Water Recirculation Pump Manufactures, Agricultural Row of Electric Water Recirculation Pumps, New Entrants and Investors, Electric Water Recirculation Pumps Distribution and Supplier, Government Bodies, End-Users and Others