The global end suction pump is worth US$ 4.2 Billion as of now and expected to reach US$ 6.7 Billion by the year 2033 at a CAGR of 4.93% between 2023 and 2033.
End suction pump implies a kind of centrifugal pump that operates on atmospheric pressure. The lid, when opened on switching on the pump, does create partial vacuum, so as to pull water into the tube through atmospheric pressure. The water does exit through tube’s other side. The growth attributes include advancements in pharmaceutical, agricultural, oil & gas sectors, construction, and likewise.
Also, computers and electronics are expected to infiltrate the lives as VSDs (variable speed drives), SCADA systems, and the condition monitoring equipment; which calls for massive expansion of end suction pumps market.
The in-line pumping units integrated with VSDs are ruling the market wherein pump selection software has catalyzed the process of selections in correspondence to expansion in marketing opportunities.
Future Market Insights has walked through these facets with future perspectives in its latest market study entitled ‘End Suction Pump Market’. It has its indigenous team of analysts and consultants to look through a bottom-up approach in its primary, secondary, and tertiary modes of research.
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“With end suction pumps finding applications in both – processes and utilities, the global end suction pumps market is likely to grow on a drastic note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from End Suction Pump Market
- North America holds the largest market share with the US housing a highly advanced commercial & manufacturing sector. The construction sector is also flourishing after the pandemic era.
- LATAM is expected to pick up pace with Brazil leading from the front. This could be attributed to an exponential development of food & beverages sector.
- Europe is expected to grow in end suction pump market on the back of Germany being home to 65% of revenue sales sourced through export markets. There is a tremendous emphasis being laid on manufacturing. Russia is another country driving growth due to competitive pricing.
- The Asia-Pacific is expected to grow at the fastest rate in the end suction pump market with China and India ruling the roost. These pumps, due to their reliable and simple design, are expected to grow at a good rate in India. South Korea is another country contributing to revenue generation.
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Competitive Pumps
- Xylem, Inc., out of collaboration with HART variant, did add a component in comprehensive IQ Sensor Net measuring system. March 2023 witnessed this unveiling. Standardized DIQ/S 281-HART interface is used especially in the projects wherein data transmission through HART protocol was needed to suffice single parameter measuring points. The same Xylem, around the same time, the company tabled PC software for spectrometers photoLab 7600 UV-VIS and photoLab 7100 VIS as upgraded versions after putting forth photoLab color Data spectral.
- Baker Hughes GE, in September 2020, did ink a partnership agreement with Houghton International with the objective of making Hayward Tyler (a producer of motors and pumps) an official distribution partner of the pump’s spare parts as well as to upgrade services in Ireland and the UK.
- GEA Group, in March 2020, did come up with a chain of products with slogan ‘Go west’. The company claims of them to be hygienic centrifugal pumps with end-use applications including water, oil, and milk owing to an exclusive design of the impeller.
What does the Report Cover?
- The research study is based on type (closed coupled pump and separately coupled pump), flow rate (upto 100 GPM, 100-300 GPM, 300-500 GPM, 500-1.3K GPM, 1.5K – 5K GPM, and above 5K GPM), application (commercial (hotels, swimming pool, retail space, and office & institution), and industrial (food & beverages, chemicals, mining & metals, power generation, and general manufacturing).
- With growing demand for higher level of irrigation facilities from rural sector in the developing agrarian economies, the global end suction pump market is expected to grow on an astonishing note in the forecast period.
End Suction Pumps Market by Category
By Type :
- Close Coupled Pump
- Separately Coupled Pump
By Flow Rate :
- Upto 100 GPM
- 100 to 300 GPM
- 300 to 500 GPM
- 500 to 1,300 GPM
- 1,500 to 5,000 GPM
- Above 5,000 GPM
By Application :
- Commercial
- Hotels
- Swimming Pool
- Retail Space
- Office & Institution
- Industrial
- Food & Beverages
- Chemicals
- Mining & Metals
- Power Generation
- General Manufacturing
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- The Middle East and Africa (MEA)
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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