Global Centrifugal Canned Motor Pumps Market Growth 2023-2029

Global Centrifugal Canned Motor Pumps Market Growth 2023-2029

Product Code:486755

Published Date: Apr 24,2023

Pages: 114

Region: Global

Category: Machinery & Equipment

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The global Centrifugal Canned Motor Pumps market size is projected to grow from US$ 1607 million in 2022 to US$ 2033.9 million in 2029; it is expected to grow at a CAGR of 3.4% from 2023 to 2029.

Global key players of Centrifugal Canned Motor Pumps include Zhejiang Dayuan, Teikoku, Kirloskar Brothers, Dalian Huanyou, Shanghai East Pump, etc. The top five players hold a share over 20%. China is the largest production region, has a share about 70%, followed by Japan, with share 6%. In terms of product type, Standard Pumps is the largest segment, occupied for a share of 35%, and in terms of application, Chemical Industry has a share about 34%.

Canned Motor Pump is a centrifugal pump with pump and hermetically sealed electric motor mounted on single shaft thus eliminating the requirement of mechanical seal or other sealing device. Entire rotating assembly is immersed in the liquid, and motor stator and rotor are isolated from the pumped liquid with corrosion resistant, non-magnetic liner and sleeve. A part of the pumped liquid is by-passed through the motor, for cooling of motor and lubricating the bearing.

LPI (LP Information)' newest research report, the “Centrifugal Canned Motor Pumps Industry Forecast” looks at past sales and reviews total world Centrifugal Canned Motor Pumps sales in 2022, providing a comprehensive analysis by region and market sector of projected Centrifugal Canned Motor Pumps sales for 2023 through 2029. With Centrifugal Canned Motor Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Centrifugal Canned Motor Pumps industry.

This Insight Report provides a comprehensive analysis of the global Centrifugal Canned Motor Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Centrifugal Canned Motor Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Centrifugal Canned Motor Pumps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Centrifugal Canned Motor Pumps and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Centrifugal Canned Motor Pumps.

This report presents a comprehensive overview, market shares, and growth opportunities of Centrifugal Canned Motor Pumps market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Standard Pumps
    Reverse Circulation Pumps
    High Temperature Pumps
    Self-priming Pumps
    Multistage Pumps
    Others

Segmentation by application
    HVAC Industry
    Oil & Gas
    Nuclear Energy Industry
    Chemical Industry
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Teikoku
    Nikkiso
    Kirloskar Brothers
    HERMETIC-Pumpen
    Dynamic Pumps
    OPTIMEX
    Zhejiang Dayuan
    Shanghai East Pump
    Dalian Huanyou
    Chemmp
    Shigme
    Hayward Tyler
    Curtiss-Wright
    Harbin Electric Corporation
    Hermag Pumps
    GruppeRütschi
    CRIS Hermetic Pumps

Key Questions Addressed in this Report
What is the 10-year outlook for the global Centrifugal Canned Motor Pumps market?
What factors are driving Centrifugal Canned Motor Pumps market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Centrifugal Canned Motor Pumps market opportunities vary by end market size?
How does Centrifugal Canned Motor Pumps break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?