Asia Pacific Circulator Pumps Market, By Flow Rate (More than 45 m3/hr, Less than 15 m3/h, 30-45 m3/hr and 15-30 m3/hr), By Application, By End-User, By Country - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Asia Pacific Circulator Pumps Market was valued at USD 4,195.34 million in 2023, expanding at a CAGR of 3.5% from 2024 to 2032.
Circulator pumps, also known as circulators or circulation pumps, are a type of centrifugal pump specifically designed for circulating fluids within a closed system. They are commonly used in various applications across residential, commercial, and industrial sectors to move liquids such as water, glycol solutions, and other fluids through piping systems. Circulator pumps are compact, single-stage, overhung, rotodynamic pumps that are supported in-line by the system piping. This measure specifically targets the two most common uses of these pumps hydronic heating and domestic hot water (DHW) recirculation for instant hot water supply.
Asia Pacific Circulator Pumps Market- Market Dynamics
Rapid urbanization and infrastructure development are anticipated to drive The growth of the Asia Pacific Circulator Pumps market
As the number of people living in urban areas increases, the demand for heating and cooling systems in both residential and commercial buildings is on the rise. This has led to an increased need for circulator pumps to help with the circulation of hot and chilled water. Urbanization remains a significant trend in the Asia-Pacific region. Nearly 60 percent of the global population resides in Asia Pacific, according to the Asia-Pacific Population and Development Report 2023. Infrastructure developments often coincide with expansions in industries, which in turn drives the demand for circulator pumps in sectors such as manufacturing, chemicals, and food processing. To sustain growth, eliminate poverty, and address climate change, developing countries in Asia and the Pacific will need to invest USD 26 trillion in infrastructure from 2016 to 2030, or USD 1.7 trillion annually, as stated in the Asian Development Bank report, Meeting Asia\'s Infrastructure Needs. Additionally, the increasing focus on energy-efficient solutions in the Asia Pacific region presents opportunities for market expansion. However, fluctuations in the economy could potentially impact the growth of the market.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
ASIA PACIFIC CIRCULATOR PUMPS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHT
Xylem, Inc.
Paloma Co., Ltd. (Rheem Manufacturing Company)
Honeywell International, Inc.
The Danfoss Group
Grundfos Holding A/S
Pentair PLC
Flowserve Corporation
WILO SE
Taco, Inc.
Armstrong Fluid Technology Inc.
Others
ASIA PACIFIC CIRCULATOR PUMPS MARKET, BY FLOW RATE - MARKET ANALYSIS, 2019 - 2032
More than 45 m3/hr
Less than 15 m3/h
30-45 m3/hr
15-30 m3/hr
ASIA PACIFIC CIRCULATOR PUMPS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032
Industrial Circulation
Hot Water Heating System
Solar & Geothermal Systems
Air Conditioning
Domestic Water Recirculation
Others
ASIA PACIFIC CIRCULATOR PUMPS MARKET, BY END-USER - MARKET ANALYSIS, 2019 - 2032
Commercial
Residential
Industrial
ASIA PACIFIC CIRCULATOR PUMPS MARKET, BY COUNTRY- MARKET ANALYSIS, 2019 - 2032
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
TABLE OF CONTENT
1. Asia Pacific Circulator Pumps Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Asia Pacific Circulator Pumps Market Snippet by Flow Rate
2.1.2. Asia Pacific Circulator Pumps Market Snippet by Application
2.1.3. Asia Pacific Circulator Pumps Market Snippet by End-User
2.1.4. Asia Pacific Circulator Pumps Market Snippet by Country
2.2. Competitive Insights
3. Asia Pacific Circulator Pumps Key Market Trends
3.1. Asia Pacific Circulator Pumps Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Asia Pacific Circulator Pumps Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Asia Pacific Circulator Pumps Market Opportunities
3.4. Asia Pacific Circulator Pumps Market Future Trends
4. Asia Pacific Circulator Pumps Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Asia Pacific Circulator Pumps Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Asia Pacific Circulator Pumps Market Landscape
6.1. Asia Pacific Circulator Pumps Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Asia Pacific Circulator Pumps Market – By Flow Rate
7.1. Overview
7.1.1. Segment Share Analysis, By Flow Rate, 2023 & 2032 (%)
7.1.2. More than 45 m3/hr
7.1.3. Less than 15 m3/h
7.1.4. 30-45 m3/hr
7.1.5. 15-30 m3/hr
8. Asia Pacific Circulator Pumps Market – By Application
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2023 & 2032 (%)
8.1.2. Industrial Circulation
8.1.3. Hot Water Heating System
8.1.4. Solar & Geothermal Systems
8.1.5. Air Conditioning
8.1.6. Domestic Water Recirculation
8.1.7. Others
9. Asia Pacific Circulator Pumps Market – By End-User
9.1. Overview
9.1.1. Segment Share Analysis, By End-User, 2023 & 2032 (%)
9.1.2. Commercial
9.1.3. Residential
9.1.4. Industrial
10. Asia Pacific Circulator Pumps Market– By Geography
10.1. Introduction
10.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
10.2. Asia Pacific (APAC)
10.2.1. Overview
10.2.2. Asia Pacific Circulator Pumps Key Manufacturers in Asia Pacific
10.2.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
10.2.4. Asia Pacific Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.5. Asia Pacific Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.6. Asia Pacific Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.7. India
10.2.7.1. Overview
10.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.7.3. India Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.7.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.7.5. India Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.8. China
10.2.8.1. Overview
10.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.8.3. China Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.8.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.8.5. China Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.9. Japan
10.2.9.1. Overview
10.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.9.3. Japan Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.9.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.9.5. Japan Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.10. South Korea
10.2.10.1. Overview
10.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.10.3. South Korea Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.10.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.10.5. South Korea Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.11. Australia
10.2.11.1. Overview
10.2.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.11.3. Australia Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.11.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.11.5. Australia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.12. Thailand
10.2.12.1. Overview
10.2.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.12.3. Thailand Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.12.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.12.5. Thailand Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.13. Indonesia
10.2.13.1. Overview
10.2.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.13.3. Indonesia Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.13.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.13.5. Indonesia Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.14. Philippines
10.2.14.1. Overview
10.2.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.14.3. Philippines Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.14.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.14.5. Philippines Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
10.2.15. Rest of APAC
10.2.15.1. Overview
10.2.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
10.2.15.3. Rest of APAC Market Size and Forecast, By Flow Rate, 2019 - 2032 (US$ Million)
10.2.15.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
10.2.15.5. Rest of APAC Market Size and Forecast, By End-User, 2019 - 2032 (US$ Million)
11. Key Vendor Analysis- Asia Pacific Circulator Pumps Industry
11.1. Competitive Dashboard
11.2. Company Profiles
11.2.1. Xylem, Inc.
11.2.2. Paloma Co., Ltd. (Rheem Manufacturing Company)
11.2.3. Honeywell International, Inc.
11.2.4. The Danfoss Group
11.2.5. Grundfos Holding A/S
11.2.6. Pentair PLC
11.2.7. Flowserve Corporation
11.2.8. WILO SE
11.2.9. Taco, Inc.
11.2.10. Armstrong Fluid Technology Inc.
11.2.11. Others
12. 360 Degree Analyst View
13. Appendix
13.1. Research Methodology
13.2. References
13.3. Abbreviations
13.4. Disclaimer
13.5. Contact Us
