Scope of the Study
Hot water circulating pumps comes under the category of circulating pumps. It circulates the hot water to the taps or exhaust systems immediately. Also, it pumps unused hot water back to the heat through the dedicated line. It is used in commercial, industrial and residential sectors. Moreover, its ability to save water is gaining the traction which is expected to positively impact the hot water circulator pump market.
The market study is being classified by Type (Single-Stage Pump and Multistage Pumps), by Application (Residential, Commercial and Industrial) and major geographies with country level break-up.
Xylem Inc. (United States), Grundfos (Denmark), Flowserve Corporation (United States), Armstrong Fluid Technology Limited (Canada), Calpeda S.p.A (Italy), BacoEngineering.com (United Kingdom), Taco (United States), AUMA Riester GmbH & Co. KG (Germany), Emile Egger & Cie SA (Switzerland) and Saer Elettropompe SpA (Italy) are some of the key players profiled in the study.
Research Analyst at AMA predicts that Europe Manufacturers will contribute to the maximum growth of Global Hot Water Circulator Pumps market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Hot Water Circulator Pumps market by Type, Application and Region.
On the basis of geography, the market of Hot Water Circulator Pumps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Scarcity of Water is increasing the Demand of Hot Water Circulator Pumps
- Rising Implementation of Regional Codes and Standards
- High Costs Associated with the Circulating Pumps and Their Installation May Hamper the Market Growth
- Increasing number of multi storied buildings is creating the opportunity for circulating pumps. There has been increased usage of hot water circulating pumps in commercial and residential sectors. In addition, the continued employment in the industry is expected to fuel the market growth
- Corrosion in Piping Systems may hamper the Market Growth
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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