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Global Hot Water Recirculation Pumps Market 2017-2021

About Hot Water Recirculation Pumps

A hot water recirculation pump is a specific type of pump that continuously circulates water back to the heating unit. The flow is controlled by a circulating valve. The water being circulated is maintained at a set temperature so that the user does not have to wait for the cold water to run out before receiving the desired hot water. It is an energy-efficient technology, which is adopted by the facility owners in the residential, commercial, and industrial sectors to reduce energy consumption.

Technavio’s analysts forecast the global hot water recirculation pumps market to grow at a CAGR of 8.57% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hot water recirculation pumps market for 2017-2021. To calculate the market size, the report considers new installations, retrofits, replacements, and aftermarket services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Hot Water Recirculation Pumps Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Danfoss
  • Grundfos
  • NIBE
  • Taco Comfort Solutions
  • Xylem
Other prominent vendors
  • Advanced Conservation Technology
  • Airwell
  • Anderson-Barrows
  • Armstrong
  • CIAT
  • Daikin
  • Hitachi Appliances
  • KLIMATEHNIK
  • MISOL
  • Mitsubishi Electric
  • Sanden Corporation
  • SIRAC
  • TOSHIBA
  • WATERKOTTE
  • Watts
Market driver
  • Increasing implementation of regional codes and standards
  • For a full, detailed list, view our report
Market challenge
  • Corrosion of piping systems
  • For a full, detailed list, view our report
Market trend
  • Increasing integration of smart homes with IoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Hot Water Recirculation Pumps Market 2017-2021

Technavio recognizes the following companies as the key players in the global hot water recirculation pumps market: Danfoss, Grundfos, NIBE, Taco Comfort Solutions, and Xylem.

Other Prominent Vendors in the market are: Advanced Conservation Technology, Airwell, Anderson-Barrows, Armstrong, CIAT, Daikin, Hitachi Appliances, KLIMATEHNIK, MISOL, Mitsubishi Electric, Sanden Corporation, SIRAC, TOSHIBA, WATERKOTTE, and Watts.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing integration of smart homes with IoT. The rising disposable income of consumers and increasing awareness on smart homes are creating a new direction for consumers to spend on a cause of benefit. The inclination of people to lead a luxurious and automated life is prompting them to understand the idea of smart homes integrated with the Internet of Things (IoT).”

According to the report, one driver in the market is increasing implementation of regional codes and standards. Energy efficiency programs are mainly governed by regional and country level regulatory bodies. These regulations and best practices are piloted and implemented across the region for effective energy utilization and optimization. For instance, California Energy Commission's Building Energy Efficiency Program - Title 24 instructed all newly constructed buildings, which may accommodate multiple families should be provided with hot water recirculation loops.

Further, the report states that one challenge in the market is corrosion of piping systems. Hot water recirculation pumps allow hot water to flow out through the pipes from faucets in a faster manner. This is possible because the flow of the water in at a high velocity, which causes corrosion in the interiors of the pipes. The heat of the water and the chemistry of the water are responsible for the promotion, apart from the speed of the water. The corrosion of these pipes adds to the overall cost of the purchase, installation, and maintenance costs of a hot water recirculation pump.



Companies Mentioned

Danfoss, Grundfos, NIBE, Taco Comfort Solutions, and Xylem.Advanced Conservation Technology, Airwell, Anderson-Barrows, Armstrong, CIAT, Daikin, Hitachi Appliances, KLIMATEHNIK, MISOL, Mitsubishi Electric, Sanden Corporation, SIRAC, TOSHIBA, WATERKOTTE, and Watts.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global hot water recirculation pumps market: Segmentation
    • Market size and forecast
      • Table Global hot water recirculation pumps market 2016-2021 ($ billions)
      • Table Calculation of water wastage in households
      • Table Features of hot water recirculation pumps
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Market overview
      • Table Global hot water recirculation pumps market by product type 2016 and 2021 (% share)
    • Global active hot water recirculation pumps market
      • Table Global active hot water recirculation pumps market 2016-2021 ($ billions)
    • Global passive hot water recirculation pumps market
      • Table Global passive hot water recirculation pumps market 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Market overview
      • Table Global hot water recirculation pumps market by end-users: Segmentation
      • Table Global hot water recirculation pumps market by end-user 2016 and 2021 (% share)
    • Global hot water recirculation pumps market by industrial sector
      • Table Global hot water recirculation pumps market by industrial sector 2016-2021 ($ billions)
    • Global hot water recirculation pumps market by residential sector
      • Table Global hot water recirculation pumps market by residential sector 2016-2021 ($ billions)
    • Global hot water recirculation pumps market by commercial sector
      • Table Global hot water recirculation pumps market by commercial sector 2016-2021 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global hot water recirculation pumps market by geography 2016 and 2021 (% share)
    • Hot water recirculation pumps market in EMEA
      • Table Hot water recirculation pumps market in EMEA ($ billions)
    • Hot water recirculation pumps market in Americas
      • Table Hot water recirculation pumps market in Americas ($ billions)
    • Hot water recirculation pumps market in APAC
      • Table Hot water recirculation pumps market in APAC ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Single line diagram of piping system consists of a hot water recirculation pumps
  • Market trends
    • High adoption rate of BEM systems
    • Rising focus on and use of green technologies
      • Table Benefits of hot water recirculation pumps in each end-user sector
    • Increasing integration of smart homes with IoT
  • Vendor landscape
    • Vendor analysis
    • Other prominent vendors
    • Competitive analysis
      • Danfoss
        • Table Pumps variants offered by Danfoss
        • Table Danfoss: Product offerings
    • Grundfos
      • Table Industries served by Grundfos
      • Table Grundfos: Product offerings
    • NIBE
      • Table NIBE: Product offerings
    • Taco Comfort Solutions
      • Table Taco Comfort Solutions: Product offerings
    • Xylem
      • Table Industries served by Xylem
      • Table Brands of Xylem
      • Table Xylem: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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