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HVAC Pump Market By Product Type, By End-User, By Pump Type: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 245 Pages
  • May 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640447
The HVAC pumps market size was valued at $31,560.5 million in 2021, and is projected to reach $55,457.0 million by 2031, registering a CAGR of 5.7% from 2022 to 2031.

Heating, ventilating, and air conditioning (HVAC) systems are increasingly being used to maximize energy in residential and business infrastructures. Exponential increase in population combined with the construction of new business centers such as offices, factories, warehouses, sports complexes, hospitality, and healthcare has prompted the deployment of compact and energy-efficient heating and cooling systems. These building mechanical systems improve thermal comfort while also improving air quality, thus driving the growth of the global HVAC market.

The global HVAC pump market is expected to develop due to rapid urbanization and green building construction. The most frequent type of pump utilized in these systems for water circulation operations is a centrifugal pump. The main characteristics that make it a favorite choice in commercial and domestic businesses are cost-effectiveness, easy maintenance, and enhanced safety. HVAC pumps are commonly used to keep the flow rate and distribution systems in the HVAC unit and helps in running smoothly. Market income will be bolstered by rising sustainability trends toward energy saving. HVAC systems account for over 30% of the energy consumed by commercial buildings. The use of 3D printing and computer modelling in HVAC pump manufacturing has resulted in tremendous growth potential for market players across the sector. HVAC pumps can be found in nearly every sort of manufacturing facility, including textiles, chemicals, automotive, food processing, and forest products. For instance, in September 2021, Carrier China, a subsidiary of Carrier Global, teamed up with Huadian Corporation to provide centrifugal chillers for the Guangzhou Wanbo Central Energy Station in China.

The global HVAC market is segmented into pump type, product type, end user, and region. On the basis of pump type, the market is fragmented into booster pumps, circulating pumps, centrifugal pumps. By product type, it is divided into multi-stage and single stage. Depending on end user, it is segregated into industrial, residential, and commercial. Region wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition Analysis


The key players that operating in the HVAC Pumps industry are Armstrong Air, Aurora Konrad G. Schulz GMBH & CO.KG, Bard Manufacturing Company Inc., CNP Pump India Pvt. Ltd., CRI Pump Private Ltd., Kirloskar Brother Ltd., KSB SE & CO., Pentair PLC., Torishima Pumps MFG CO. Ltd., and WILO SE.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging market HVAC pumps market trends and dynamics.
  • In-depth HVAC pump market analysis is conducted by constructing market estimations for key market segments between 2022 and 2031.
  • Extensive analysis of the HVAC pump market share is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing HVAC pump market opportunity.
  • The HVAC pumps market forecast from 2022 to 2031 is included in the report.
  • The key players with in HVAC pumps market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the HVAC pumps industry.

Key Market Segments


By Product Type

  • Single stage
  • Multi-stage

By End-User

  • Industrial
  • Residential
  • Commercial

By Pump Type

  • Booster pumps
  • Circulating pumps
  • Centrifugal pumps

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Bard Manufacturing Company Inc.
  • KSB SE & Co
  • Kirloskar Brothers Limited
  • AURORA GmbH & Co. KG
  • Armstrong Air
  • WILO SE CNP Pumps India Pvt. Ltd
  • Torishima Pump Mfg. Co., Ltd.
  • Patterson Pump Company
  • C.R.I. Pumps Private Limited
  • Pentair Plc.
Frequently Asked Questions about the HVAC Pumps Market

What is the estimated value of the HVAC Pumps Market?

The HVAC Pumps Market was estimated to be valued at $31560.5 million in 2021.

What is the growth rate of the HVAC Pumps Market?

The growth rate of the HVAC Pumps Market is 5.8%, with an estimated value of $55457 million by 2031.

What is the forecasted size of the HVAC Pumps Market?

The HVAC Pumps Market is estimated to be worth $55457 million by 2031.

Who are the key companies in the HVAC Pumps Market?

Key companies in the HVAC Pumps Market include Bard Manufacturing Company Inc., KSB SE & Co, Kirloskar Brothers Limited, AURORA GmbH & Co. KG, Armstrong Air, WILO SE CNP Pumps India Pvt. Ltd, Torishima Pump Mfg. Co., Ltd., Patterson Pump Company and Pentair Plc..

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: HVAC PUMP MARKET, BY PUMP TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Booster pumps
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Circulating pumps
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Centrifugal pumps
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: HVAC PUMP MARKET, BY PRODUCT TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Single stage
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Multi-stage
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: HVAC PUMP MARKET, BY END-USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Industrial
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Residential
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Commercial
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
CHAPTER 7: HVAC PUMP MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Pump Type
7.2.3 North America Market size and forecast, by Product Type
7.2.4 North America Market size and forecast, by End-User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Pump Type
7.2.5.1.2 Market size and forecast, by Product Type
7.2.5.1.3 Market size and forecast, by End-User
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Pump Type
7.2.5.2.2 Market size and forecast, by Product Type
7.2.5.2.3 Market size and forecast, by End-User
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Pump Type
7.2.5.3.2 Market size and forecast, by Product Type
7.2.5.3.3 Market size and forecast, by End-User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Pump Type
7.3.3 Europe Market size and forecast, by Product Type
7.3.4 Europe Market size and forecast, by End-User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Pump Type
7.3.5.1.2 Market size and forecast, by Product Type
7.3.5.1.3 Market size and forecast, by End-User
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Pump Type
7.3.5.2.2 Market size and forecast, by Product Type
7.3.5.2.3 Market size and forecast, by End-User
7.3.5.3 Italy
7.3.5.3.1 Market size and forecast, by Pump Type
7.3.5.3.2 Market size and forecast, by Product Type
7.3.5.3.3 Market size and forecast, by End-User
7.3.5.4 U.K.
7.3.5.4.1 Market size and forecast, by Pump Type
7.3.5.4.2 Market size and forecast, by Product Type
7.3.5.4.3 Market size and forecast, by End-User
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Pump Type
7.3.5.5.2 Market size and forecast, by Product Type
7.3.5.5.3 Market size and forecast, by End-User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Pump Type
7.4.3 Asia-Pacific Market size and forecast, by Product Type
7.4.4 Asia-Pacific Market size and forecast, by End-User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Pump Type
7.4.5.1.2 Market size and forecast, by Product Type
7.4.5.1.3 Market size and forecast, by End-User
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Pump Type
7.4.5.2.2 Market size and forecast, by Product Type
7.4.5.2.3 Market size and forecast, by End-User
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Pump Type
7.4.5.3.2 Market size and forecast, by Product Type
7.4.5.3.3 Market size and forecast, by End-User
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Pump Type
7.4.5.4.2 Market size and forecast, by Product Type
7.4.5.4.3 Market size and forecast, by End-User
7.4.5.5 Rest Of Asia Pacific
7.4.5.5.1 Market size and forecast, by Pump Type
7.4.5.5.2 Market size and forecast, by Product Type
7.4.5.5.3 Market size and forecast, by End-User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Pump Type
7.5.3 LAMEA Market size and forecast, by Product Type
7.5.4 LAMEA Market size and forecast, by End-User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Pump Type
7.5.5.1.2 Market size and forecast, by Product Type
7.5.5.1.3 Market size and forecast, by End-User
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Pump Type
7.5.5.2.2 Market size and forecast, by Product Type
7.5.5.2.3 Market size and forecast, by End-User
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Pump Type
7.5.5.3.2 Market size and forecast, by Product Type
7.5.5.3.3 Market size and forecast, by End-User
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Bard Manufacturing Company Inc.
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 KSB SE & Co
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Kirloskar Brothers Limited
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 AURORA GmbH & Co. KG
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Armstrong Air
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 WILO SE CNP Pumps India Pvt. Ltd
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Torishima Pump Mfg. Co., Ltd.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Patterson Pump Company
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 C.R.I. Pumps Private Limited
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Pentair Plc.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 2. HVAC Pump Market Revenue, for Booster Pumps, by Region, 2021-2031, ($Million)
Table 3. HVAC Pump Market for Booster Pumps by Country, 2021-2031, ($Million)
Table 4. HVAC Pump Market Revenue, for Circulating Pumps, by Region, 2021-2031, ($Million)
Table 5. HVAC Pump Market for Circulating Pumps by Country, 2021-2031, ($Million)
Table 6. HVAC Pump Market Revenue, for Centrifugal Pumps, by Region, 2021-2031, ($Million)
Table 7. HVAC Pump Market for Centrifugal Pumps by Country, 2021-2031, ($Million)
Table 8. Global HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 9. HVAC Pump Market Revenue, for Single Stage, by Region, 2021-2031, ($Million)
Table 10. HVAC Pump Market for Single Stage by Country, 2021-2031, ($Million)
Table 11. HVAC Pump Market Revenue, for Multi-Stage, by Region, 2021-2031, ($Million)
Table 12. HVAC Pump Market for Multi-Stage by Country, 2021-2031, ($Million)
Table 13. Global HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 14. HVAC Pump Market Revenue, for Industrial, by Region, 2021-2031, ($Million)
Table 15. HVAC Pump Market for Industrial by Country, 2021-2031, ($Million)
Table 16. HVAC Pump Market Revenue, for Residential, by Region, 2021-2031, ($Million)
Table 17. HVAC Pump Market for Residential by Country, 2021-2031, ($Million)
Table 18. HVAC Pump Market Revenue, for Commercial, by Region, 2021-2031, ($Million)
Table 19. HVAC Pump Market for Commercial by Country, 2021-2031, ($Million)
Table 20. HVAC Pump Market, by Region, 2021-2031, ($Million)
Table 21. North America HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 22. North America HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 23. North America HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 24. North America HVAC Pump Market, by Country, 2021-2031, ($Million)
Table 25. U.S. HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 26. U.S. HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 27. U.S. HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 28. Canada HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 29. Canada HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 30. Canada HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 31. Mexico HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 32. Mexico HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 33. Mexico HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 34. Europe HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 35. Europe HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 36. Europe HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 37. Europe HVAC Pump Market, by Country, 2021-2031, ($Million)
Table 38. Germany HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 39. Germany HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 40. Germany HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 41. France HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 42. France HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 43. France HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 44. Italy HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 45. Italy HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 46. Italy HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 47. U.K. HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 48. U.K. HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 49. U.K. HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 50. Rest of Europe HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 51. Rest of Europe HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 52. Rest of Europe HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 53. Asia-Pacific HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 54. Asia-Pacific HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 55. Asia-Pacific HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 56. Asia-Pacific HVAC Pump Market, by Country, 2021-2031, ($Million)
Table 57. China HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 58. China HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 59. China HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 60. Japan HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 61. Japan HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 62. Japan HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 63. India HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 64. India HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 65. India HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 66. South Korea HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 67. South Korea HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 68. South Korea HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 69. Rest of Asia-Pacific HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 70. Rest of Asia-Pacific HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 71. Rest of Asia-Pacific HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 72. LAMEA HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 73. LAMEA HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 74. LAMEA HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 75. LAMEA HVAC Pump Market, by Country, 2021-2031, ($Million)
Table 76. Latin America HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 77. Latin America HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 78. Latin America HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 79. Middle East HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 80. Middle East HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 81. Middle East HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 82. Africa HVAC Pump Market, by Pump Type, 2021-2031, ($Million)
Table 83. Africa HVAC Pump Market, by Product Type, 2021-2031, ($Million)
Table 84. Africa HVAC Pump Market, by End-User, 2021-2031, ($Million)
Table 85. Bard Manufacturing Company Inc.: Company Snapshot
Table 86. Bard Manufacturing Company Inc.: Operating Segments
Table 87. Bard Manufacturing Company Inc.: Product Portfolio
Table 88. Bard Manufacturing Company Inc.: Net Sales
Table 89. Bard Manufacturing Company Inc.: Key Stratergies
Table 90. Ksb Se & Co: Company Snapshot
Table 91. Ksb Se & Co: Operating Segments
Table 92. Ksb Se & Co: Product Portfolio
Table 93. Ksb Se & Co: Net Sales
Table 94. Ksb Se & Co: Key Stratergies
Table 95. Kirloskar Brothers Limited: Company Snapshot
Table 96. Kirloskar Brothers Limited: Operating Segments
Table 97. Kirloskar Brothers Limited: Product Portfolio
Table 98. Kirloskar Brothers Limited: Net Sales
Table 99. Kirloskar Brothers Limited: Key Stratergies
Table 100. Aurora GmbH & Co. Kg: Company Snapshot
Table 101. Aurora GmbH & Co. Kg: Operating Segments
Table 102. Aurora GmbH & Co. Kg: Product Portfolio
Table 103. Aurora GmbH & Co. Kg: Net Sales
Table 104. Aurora GmbH & Co. Kg: Key Stratergies
Table 105. Armstrong Air: Company Snapshot
Table 106. Armstrong Air: Operating Segments
Table 107. Armstrong Air: Product Portfolio
Table 108. Armstrong Air: Net Sales
Table 109. Armstrong Air: Key Stratergies
Table 110. Wilo Se Cnp Pumps India Pvt. Ltd: Company Snapshot
Table 111. Wilo Se Cnp Pumps India Pvt. Ltd: Operating Segments
Table 112. Wilo Se Cnp Pumps India Pvt. Ltd: Product Portfolio
Table 113. Wilo Se Cnp Pumps India Pvt. Ltd: Net Sales
Table 114. Wilo Se Cnp Pumps India Pvt. Ltd: Key Stratergies
Table 115. Torishima Pump Mfg. Co., Ltd.: Company Snapshot
Table 116. Torishima Pump Mfg. Co., Ltd.: Operating Segments
Table 117. Torishima Pump Mfg. Co., Ltd.: Product Portfolio
Table 118. Torishima Pump Mfg. Co., Ltd.: Net Sales
Table 119. Torishima Pump Mfg. Co., Ltd.: Key Stratergies
Table 120. Patterson Pump Company: Company Snapshot
Table 121. Patterson Pump Company: Operating Segments
Table 122. Patterson Pump Company: Product Portfolio
Table 123. Patterson Pump Company: Net Sales
Table 124. Patterson Pump Company: Key Stratergies
Table 125. C.R.I. Pumps Private Limited: Company Snapshot
Table 126. C.R.I. Pumps Private Limited: Operating Segments
Table 127. C.R.I. Pumps Private Limited: Product Portfolio
Table 128. C.R.I. Pumps Private Limited: Net Sales
Table 129. C.R.I. Pumps Private Limited: Key Stratergies
Table 130. Pentair plc.: Company Snapshot
Table 131. Pentair plc.: Operating Segments
Table 132. Pentair plc.: Product Portfolio
Table 133. Pentair plc.: Net Sales
Table 134. Pentair plc.: Key Stratergies
LIST OF FIGURES
Figure 1. HVAC Pump Market Segmentation
Figure 2. HVAC Pump Market, 2021-2031
Figure 3. HVAC Pump Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. HVAC Pump Market:Drivers, Restraints and Opportunities
Figure 12. HVAC Pump Market, by Pump Type, 2021 (%)
Figure 13. Comparative Share Analysis of Booster Pumps HVAC Pump Market, 2021-2031 (%)
Figure 14. Comparative Share Analysis of Circulating Pumps HVAC Pump Market, 2021-2031 (%)
Figure 15. Comparative Share Analysis of Centrifugal Pumps HVAC Pump Market, 2021-2031 (%)
Figure 16. HVAC Pump Market, by Product Type, 2021 (%)
Figure 17. Comparative Share Analysis of Single Stage HVAC Pump Market, 2021-2031 (%)
Figure 18. Comparative Share Analysis of Multi-Stage HVAC Pump Market, 2021-2031 (%)
Figure 19. HVAC Pump Market, by End-user, 2021 (%)
Figure 20. Comparative Share Analysis of Industrial HVAC Pump Market, 2021-2031 (%)
Figure 21. Comparative Share Analysis of Residential HVAC Pump Market, 2021-2031 (%)
Figure 22. Comparative Share Analysis of Commercial HVAC Pump Market, 2021-2031 (%)
Figure 23. HVAC Pump Market by Region, 2021
Figure 24. U.S. HVAC Pump Market, 2021-2031 ($Million)
Figure 25. Canada HVAC Pump Market, 2021-2031 ($Million)
Figure 26. Mexico HVAC Pump Market, 2021-2031 ($Million)
Figure 27. Germany HVAC Pump Market, 2021-2031 ($Million)
Figure 28. France HVAC Pump Market, 2021-2031 ($Million)
Figure 29. Italy HVAC Pump Market, 2021-2031 ($Million)
Figure 30. U.K. HVAC Pump Market, 2021-2031 ($Million)
Figure 31. Rest of Europe HVAC Pump Market, 2021-2031 ($Million)
Figure 32. China HVAC Pump Market, 2021-2031 ($Million)
Figure 33. Japan HVAC Pump Market, 2021-2031 ($Million)
Figure 34. India HVAC Pump Market, 2021-2031 ($Million)
Figure 35. South Korea HVAC Pump Market, 2021-2031 ($Million)
Figure 36. Rest of Asia-Pacific HVAC Pump Market, 2021-2031 ($Million)
Figure 37. Latin America HVAC Pump Market, 2021-2031 ($Million)
Figure 38. Middle East HVAC Pump Market, 2021-2031 ($Million)
Figure 39. Africa HVAC Pump Market, 2021-2031 ($Million)
Figure 40. Top Winning Strategies, by Year
Figure 41. Top Winning Strategies, by Development
Figure 42. Top Winning Strategies, by Company
Figure 43. Product Mapping of Top 10 Players
Figure 44. Competitive Dashboard
Figure 45. Competitive Heatmap of Top 10 Key Players
Figure 46. Bard Manufacturing Company Inc. Net Sales, ($Million)
Figure 47. Ksb SE & Co.: Net Sales, ($Million)
Figure 48. Kirloskar Brothers Limited.: Net Sales, ($Million)
Figure 49. Aurora GmbH & Co. KG.: Net Sales, ($Million)
Figure 50. Armstrong Air.: Net Sales, ($Million)
Figure 51. Wilo SE Cnp Pumps India Pvt. Ltd.: Net Sales, ($Million)
Figure 52. Torishima Pump Mfg. Co. Ltd. Net Sales, ($Million)
Figure 53. Patterson Pump Company.: Net Sales, ($Million)
Figure 54. C.R.I. Pumps Private Limited.: Net Sales, ($Million)
Figure 55. Pentair PLC. Net Sales, ($Million)

Executive Summary

According to this report titled, 'HVAC Pump Market' The HVAC pump market size was valued at $31.6 billion in 2021, and is estimated to reach $55.5 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031.

Heating, ventilation, and air conditioning (HVAC) system operates on the basis of fluid movement through piping systems to maintain a certain temperature in buildings while using the least amount of energy possible. One component of this system is the HVAC pump, which distributes fluids throughout the building or structure as needed. The most popular form of HVAC pump used is a centrifugal pump, which employs an impeller blade arrangement to create a pressure difference between two sides so that it may pump liquid at a high-speed rate by producing circular motions with blades linked to its spinning axle.

The HVAC pump market growth is driven by factors such as rapid industrialization; need for pumps in HVAC systems; increased use of cooling & heating devices; and surge in need for smart HVAC systems in industrial, commercial, and residential applications. Furthermore, the smart system increases the acceptance of Internet of Things (IoT) and artificial intelligence (AI) to monitor pump functioning behaviors, resulting in business growth. For instance, Nlyte Software, a leader in data center infrastructure management (DCIM) software, was bought by Carrier Global. The development will expand the HVAC pump industry options. Furthermore, increased awareness of the health benefits is driving the demand for HVAC pump market trends in a variety of applications.

Asia-Pacific dominated the global HVAC pump market, accounting for around 47.1% of HVAC pump market share of the global market. This is attributed to high demand for booster pumps and centrifugal pumps across many countries. Moreover, increase in R&D investments in developing countries and rise in government investments in automation, AI, and IoT solutions which are implemented on a large scale to bring energy efficiency, reduce costs, and create a comfortable occupant experience in commercial buildings.

Furthermore, smart HVAC systems make less noise than other systems, resulting in increased demand for these systems in the coming years. This is expected to boost the demand for HVAC pump in coming years.
The centrifugal pump segment registered highest revenue in 2021, owing to wide usage application in healthcare, construction, and logistics,
Furthermore, market key players have implemented various strategic moves such as product launch, collaboration, and partnership to strengthen their market position. For instance, in June 2019, Engie was awarded a contract by the Canadian Government to modernize, manage, and operate a district heating system. A 35-year contract has been awarded to Innovate Energy, which includes Engie, PCL Construction, and Black & McDonald to operate a district energy system in Canada's Capital region that offer heating and cooling to 80 buildings.

However, during the pandemic, various manufacturers in the HVAC pump market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of HVAC pump companies. In addition, lack of manpower and raw materials constricted supply of equipment of HVAC pumps, which has negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of HVAC pump companies.

Key findings of the Study

  • The report provides an extensive analysis of the current and emerging HVAC pump market opportunity and dynamics.
  • Depending on pump type, the centrifugal pumps segment dominated the HVAC pumps market, in terms of revenue in 2021 and is projected to grow at a significant CAGR during the forecast period.
  • By product type, the multi-stage segment has registered highest revenue in 2021.
  • Asia-Pacific is projected to register highest growth rate in the coming years.
The key players within the HVAC pump market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the service robotics industry.

The report provides an extensive analysis of the current trends and emerging opportunities of the market.
In-depth HVAC pump market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

Companies Mentioned

  • Bard Manufacturing Company Inc.
  • KSB SE & Co
  • Kirloskar Brothers Limited
  • AURORA GmbH & Co. KG
  • Armstrong Air
  • WILO SE CNP Pumps India Pvt. Ltd
  • Torishima Pump Mfg. Co., Ltd.
  • Patterson Pump Company
  • C.R.I. Pumps Private Limited
  • Pentair Plc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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