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 Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
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
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
