Global Hot Water Circulator Pumps Market, By Type (Single-Stage Pump, Multi-Stage Pump), By Application (Industrial, Residential, Commercial), and opportunities and forecast 2020-2027
Hot Water Circulator Pumps Market Overview
Energy efficiency is an essential factor in the building design and infrastructure regulations that has provided an impetus to the hot water circulator pump market. Hot water circulator pumps are highly required within the context of growing energy as well as water scarcity. These pumps operate in an ideal manner and are useful in buildings with long water distribution systems. The increase in the construction of multi-story buildings has boosted the growth of the Hot Water Circulator Pumps market. Also, a rise in the construction of commercial establishments such as hotels, office buildings, healthcare facilities, and others is anticipated to intensifies the growth of the market.
The growing adoption of energy-efficient technologies and a fast-paced infrastructural development are propelling the demand for hot water circulator pumps around the globe. This fact escalating the growth of the market. In addition, hot water circulation pumps are used across several industrial sectors. Industrial development is one of the prime factors that increase the growth of the market. Moreover, the rising integration of hot water circulator pumps both for domestic and commercial purposes is pushing the growth of the market as well. Furthermore, the governments in multiple countries have steadily set strict efficiency standards for the environmental design of energy-using products to help reduce energy usage and carbon footprint. Therefore, several energy labeling schemes and a bigger focus on energy conservation have propelled the growth of the Hot Water Circulator Pumps market.
On the downside, the high costs linked with these pumps and the additional maintenance and installation charges may hamper the growth of the market during the forecast period.
Covid-19 Impact on Hot Water Circulator Pumps Market
As around one-third of the global population is staying indoors owing to nationwide lockdown, stay-at-home orders, and restrictions on movement, the energy demand has sharply dipped. By the end of 2020, approximately, a decline in 5% of the energy demand was been recorded. Also, waning in corresponding gas and oil demands of 4% and 9%, respectively were registered in 2020. Currently, the energy market is at a historic low with surplus supplies. However, the situation is expected to ease up with a lift in lockdown restrictions and end-use industries start operating with great efficiencies.
Hot Water Circulator Pumps Market Segment Overview
Based on Type, the Single-Stage Pumps segment holds the largest share of the global Hot Water Circulator Pumps market. The increasing preferences among consumers for a single-stage pump for residential requirements have been one of the greatest factors behind the growth of this segment. As well, the low cost of maintenance compared to multi-stage pumps is another crucial reason boosting the demand for single-stage pumps. By Application, the Industrial segment holds the leading position in the market, and is predicted that this segment further rises at a considerable rate over the forecast period.
Hot Water Circulator Pumps Market, By Type · Single-Stage Pump · Multi-Stage Pump
Hot Water Circulator Pumps Market, By Application · Industrial · Residential · Commercial
Hot Water Circulator Pumps Market Regional Overview
In terms of region, Europe is the prominent region for the Hot Water Circulator Pump market. The governments in the region have set strict efficiency standards for energy-related products. Also, green buildings have become a common phenomenon in Europe and builders are mandatory to follow EU pump efficiency regulations to earn green building certification. All these factors contribute significantly to the development of the market in this region. In addition, the UK, France, and Germany are the main contributors to the European hot water circulator pump market. North America is another major region for the hot water circulator pump market. The US is an important place and is a relatively mature market. Continued new building construction activities in the US along with strong demand from the residential sector is boosting the growth of the US market.
Hot Water Circulator Pumps Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Hot Water Circulator Pumps Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Hot Water Circulator Pumps Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Type
5.2.1. Single-Stage Pump
5.2.2. Multi-Stage Pump
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Industrial
5.3.2. Residential
5.3.3. Commercial
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America, Middle East and Africa
6. North America Hot Water Circulator Pumps Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Type
6.2.1. Single-Stage Pump
6.2.2. Multi-Stage Pump
6.3. Market Analysis, Insights and Forecast – By Application
6.3.1. Industrial
6.3.2. Residential
6.3.3. Commercial
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Hot Water Circulator Pumps Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Type
7.2.1. Single-Stage Pump
7.2.2. Multi-Stage Pump
7.3. Market Analysis, Insights and Forecast – By Application
7.3.1. Industrial
7.3.2. Residential
7.3.3. Commercial
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Rest of Europe
8. Asia Pacific Hot Water Circulator Pumps Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Type
8.2.1. Single-Stage Pump
8.2.2. Multi-Stage Pump
8.3. Market Analysis, Insights and Forecast – By Application
8.3.1. Industrial
8.3.2. Residential
8.3.3. Commercial
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South East Asia
8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Hot Water Circulator Pumps Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Type
9.2.1. Single-Stage Pump
9.2.2. Multi-Stage Pump
9.3. Market Analysis, Insights and Forecast – By Application
9.3.1. Industrial
9.3.2. Residential
9.3.3. Commercial
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Brazil
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. AUMA Riester GmbH & Co. KG
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. BacoEngineering.com
10.6. Emile Egger & Cie SA
10.7. Grundfos
10.8. Armstrong Fluid Technology Limited
10.9. Flowserve Corporation
10.10. Taco
10.11. Saer Elettropompe SpA
10.12. Calpeda S.p.An
List of Figures
Figure 1: Global Hot Water Circulator Pumps Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Hot Water Circulator Pumps Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Hot Water Circulator Pumps Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Hot Water Circulator Pumps Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Hot Water Circulator Pumps Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Hot Water Circulator Pumps Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Hot Water Circulator Pumps Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Hot Water Circulator Pumps Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Hot Water Circulator Pumps Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Hot Water Circulator Pumps Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Hot Water Circulator Pumps Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Hot Water Circulator Pumps Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Hot Water Circulator Pumps Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Hot Water Circulator Pumps Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Hot Water Circulator Pumps Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Hot Water Circulator Pumps Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Hot Water Circulator Pumps Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Hot Water Circulator Pumps Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Hot Water Circulator Pumps Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Hot Water Circulator Pumps Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Hot Water Circulator Pumps Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Hot Water Circulator Pumps Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Hot Water Circulator Pumps Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Hot Water Circulator Pumps Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Hot Water Circulator Pumps Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Hot Water Circulator Pumps Market Revenue (USD Billion) Forecast, by Country, 2016-2027
