
Cooling Pump Market - By Product Type (Centrifugal Cooling Pumps, Reciprocating Cooling Pumps, Axial Flow Cooling Pump, Others), By Category (single stage, multistage), By Pressure (Low, Mid, High), By Power (Low, Mid, High), By End-use, By Distribution C
Description
Cooling Pump Market - By Product Type (Centrifugal Cooling Pumps, Reciprocating Cooling Pumps, Axial Flow Cooling Pump, Others), By Category (single stage, multistage), By Pressure (Low, Mid, High), By Power (Low, Mid, High), By End-use, By Distribution Channel, Forecast 2024 - 2032
The cooling pump market is predicted to witness more than 6.1% CAGR from 2024 and 2032, propelled by the increasing awareness and commitment to energy efficiency across industries. Technological advancements, particularly for more efficient and sustainable pump solutions, are reshaping the industry landscape.
The rising focus on environmental sustainability, stringent regulations, and the need for optimized thermal management in diverse sectors contribute to the product’s popularity. According to the WHO, nearly 4.2 to 7 million people die due to the air pollution globally each year. Such issues collectively underscore the pivotal role of cooling pumps in addressing the evolving challenges of modern industrial processes.
The overall cooling pump market is classified based on product type, category, pressure, power, end-use, distribution channel, and region.
The reciprocating segment is anticipated to witness 6.3% CAGR from 2024 to 2032, as it stands out as a frontrunner in innovation and efficiency. These pumps offer precise control over fluid flow, making them ideal for applications where accuracy and reliability are paramount. Industries such as manufacturing, power generation, and chemical processing are increasingly adopting reciprocating cooling pumps to optimize their cooling systems, reducing energy consumption and operational costs.
The single-stage segment is expected to observe 6.7% CAGR during 2024 and 2032, as these pumps provide an optimal balance between efficiency and simplicity, catering to a diverse range of applications. Industries seeking streamlined solutions without compromising performance are turning to single-stage cooling pumps. These pumps are characterized by their simplicity, durability, and efficiency, making them an ideal choice for industries looking to balance performance and cost-effectiveness.
Europe cooling pump market will record 6.9% CAGR during 2024 and 2032. The region's commitment to sustainable practices and strict environmental regulations has accelerated the adoption of energy-efficient cooling solutions. Additionally, the robust industrial infrastructure in Europe, particularly in sectors like automotive, manufacturing, and power generation, has fueled the demand for advanced cooling pumps. The surge in R&D activities, leading to the introduction of cutting-edge technologies and solutions that set new benchmarks is shaping the market outlook.
Table of Contents
300 Pages
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Cooling pump market 360 degree synopsis, 2018 - 2032
- 2.2 Business trends
- 2.3 Regional trends
- 2.4 Product type trends
- 2.5 Category trends
- 2.6 Pressure trends
- 2.7 Power trends
- 2.8 End-use trends
- 2.9 Distribution channel trends
- Chapter 3 Cooling Pump Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Technological overview
- 3.3 Key news and initiatives
- 3.3.1 Partnership/Collaboration
- 3.3.2 Merger/Acquisition
- 3.3.3 Investment
- 3.3.4 Product launch & innovation
- 3.4 Regulatory landscape
- 3.5 Impact forces
- 3.5.1 Growth drivers
- 3.5.2 Industry pitfalls & challenges
- 3.6 Key supplier analysis
- 3.7 Growth potential analysis
- 3.8 Porter’s analysis
- 3.9 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Global company market share, 2023
- 4.2.1 North America company market share, 2023
- 4.2.2 Europe company market share, 2023
- 4.2.3 Asia Pacific company market share, 2023
- 4.2.4 Latin America company market share, 2023
- 4.2.5 Middle East and Africa company market share, 2023
- 4.3 Competitive analysis of major market players, 2023
- 4.4 Competitive positioning matrix, 2023
- 4.5 Strategic outlook matrix, 2023
- Chapter 5 Cooling Pump Market Estimates & Forecast, By Product Type, 2018-2032 (USD Billion) (Thousand Units)
- 5.1 Centrifugal Cooling Pumps
- 5.2 Reciprocating Cooling Pumps
- 5.3 Axial Flow Cooling Pumps
- 5.4 Others (magnetic driven, etc.)
- Chapter 6 Cooling Pump Market Estimates & Forecast, By Category Type, 2018-2032 (USD Billion) (Thousand Units)
- 6.1 single stage
- 6.2 multistage
- Chapter 7 Cooling Pump Market Estimates & Forecast, By Pressure, 2018-2032 (USD Billion) (Thousand Units)
- 7.1 Low (upto 10 bar)
- 7.2 Mid (10-50)
- 7.3 High (above 50 bar)
- Chapter 8 Cooling Pump Market Estimates & Forecast, By power, 2018-2032 (USD Billion) (Thousand Units)
- 8.1 Low (less than 2 HP)
- 8.2 Mid (2-4 HP)
- 8.3 High (above 4 HP)
- Chapter 9 Cooling Pump Market Estimates & Forecast, By End-Use, 2018-2032 (USD Billion) (Thousand Units)
- 9.1 Oil and Gas industry
- 9.2 Steel Industry
- 9.3 Chemical industry
- 9.4 Power industry
- 9.5 Others (Pulp and paper, Automotive)
- Chapter 10 Cooling Pump Market Estimates & Forecast, By Distribution channel, 2018-2032 (USD Billion) (Thousand Units)
- 10.1 Direct
- 10.2 Indirect
- Chapter 11 Cooling Pump Market Estimates & Forecast, By Region
- 11.1 Key trends, by region
- 11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
- 11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Russia
- 11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 Australia
- 11.4.6 Malaysia
- 11.4.7 Indonesia
- 11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Argentina
- 11.6 MEA
- 11.6.1 GCC
- 11.6.2 South Africa
- Chapter 12 Company Profiles
- 12.1 Grundfos Group
- 12.2 Xylem Inc.
- 12.3 Sulzer Ltd.
- 12.4 ITT Inc. (Goulds Pumps)
- 12.5 Flowserve Corporation
- 12.6 KSB SE & Co. KGaA
- 12.7 WILO SE
- 12.8 SPX FLOW, Inc.
- 12.9 Ebara Corporation
- 12.10 Danfoss A/S
- 12.11 Armstrong Fluid Technology
- 12.12 Regal Beloit Corporation
- 12.13 Pentair plc
- 12.14 Taco Comfort Solutions
- 12.15 Kirloskar Brothers Limited
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