Global Hot Water Recirculation Pumps Strategic Industry Report 2024: Hot Water Recirculating Loops Emerge as Water-Saving Feature - Forecasts to 2030

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Feb 16, 2024, 05:30 ET

DUBLIN, Feb. 16, 2024 /PRNewswire/ -- The "Hot Water Recirculation Pumps - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Hot Water Recirculation Pumps Market to Reach $8.7 Billion by 2030

The global market for Hot Water Recirculation Pumps estimated at US$5.1 Billion in the year 2022, is projected to reach a revised size of US$8.7 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Active Pumps, one of the segments analyzed in the report, is projected to record 7.2% CAGR and reach US$5.3 Billion by the end of the analysis period. Growth in the Passive Pumps segment is estimated at 6.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 9.3% CAGR

The Hot Water Recirculation Pumps market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$992.1 Million by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.

What`s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Pandemic Impacts Growth in Hot Water Recirculation Pumps
An Introduction to Hot Water Recirculation Pumps
Hot Water Circulation Systems: A Historical Perspective
Parameters Determining Selection of Hot Water Circulation Pumps
Types of Hot Water Recirculating Pumps
Global Market Prospects & Outlook
Competition
Hot Water Recirculation Pumps - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
World Brands
Recent Market Activity

MARKET TRENDS & DRIVERS

Rising Significance of Hot Water Recirculation Pumps in Enhancing Energy Efficiency and Reducing Energy Costs Drive Gains
Resource Efficiency and Climate Change: Critical Factors Fuel Demand for Recirculating Systems
As Climate Change and Emissions Emerge as Key Challenges, Focus on Resource and Energy Efficiency Fuels Demand for Hot Water Recirculation Pumps: Global CO2 Emissions in Billion Metric Tons of CO2 Per Year
With Fast-Paced Industrialization, Rising Demand for Hot Water from Industries Spurs Market Opportunities
Growing Adoption of BEM Systems to Spur Demand
Rapid Urbanization and Need for Convenience Spur Demand for Hot Water from Households, Presenting Growth Opportunities
Importance of Hot Water Piping Systems in Buildings to Fuel Market Gains
Management of Heat Loss and Flow Rates in Hot Water Circulation Pump Systems
Criticality of Safety in Hot Water Piping Systems
Efficient Hot Water Distribution Becomes Important for Multifamily Buildings
Market to Benefit from New Circulator Pump Control Technologies
Circulating Pumps Become More Efficient and User-Friendly
Hot Water Recirculating Loops Emerge as Water-Saving Feature
Rising Usage of Hot Water in District Heating Networks: Potential for Growth
Market to Benefit from the Implementation of Regional Codes and Standards for Energy Utilization & Optimization
Regulations Governing Temperature Maintenance of Hot Water Systems
Strict Regulations to Curb GHG Emissions and Clean Energy Targets to Propel Growth
Corrosion Presents a Key Challenge to Hot Water Circulation Systems
Corrosion in Hot Water Recirculating Systems of Commercial Buildings

FOCUS ON SELECT PLAYERS (Total 43 Featured)

Daikin Industries Ltd.
Flowserve Corporation
Ebara Corporation
Rheem Manufacturing Company
KSB SE & Co. KGaA
A.O. Smith Corporation
Stiebel Eltron GmbH & Co. KG
AMETEK Dynamic Fluid Solutions
Armstrong Fluid Technology
Hamworthy Heating
Dickow Pump Co.
Calpeda S.p.A.
Emile Egger & Cie SA
AquaMotion, Inc.
Grundfos

For more information about this report visit https://www.researchandmarkets.com/r/j91gma

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