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Forecasts indicate that the worldwide market for booster pumps will expand from an initial valuation of $2,338.19 million in 2023 to a whopping $3,715.23 million in 2031, a compound annual growth rate (CAGR) of 5.6%.
You can find booster pumps on the market that have one step of operation or multiple stages. Booster pumps are commonly employed by large and intricate industries due to their ability to lower operational and maintenance costs associated with complex pumping systems through the use of pressure generation technology. The year 2031. Booster pumps are an upgrade above standard pumps; they have features like high-pressure flow and use modern technology to improve operational efficiency.
Governments worldwide are enacting policies to foster the growth of domestic industries, acknowledging the critical role of industrialization in economic development. Numerous programs and initiatives are in place to assist the growth of local industries in countries like Brazil, Vietnam, Indonesia, India, and China, among others. As an example, the Indian government introduced the Production Linked Incentive (PLI) program in 2020 to promote manufacturing goods within the country. On top of that, Vietnam started building two industrial zones in March 2023. The combined area of the two zones exceeded 10 square kilometers. Both high-tech and labor-intensive businesses are anticipated to attract foreign investment as a result of this. industries like chemicals and petrochemicals have also seen significant growth. Given that manufacturing industries are significant booster pump users, these factors are favorably impacting the growth of the market for these pumps.
In commercial and industrial settings, as well as in homes, schools, and on aquaculture farms and in agricultural settings, low water pressure is a typical issue. An integral part of any system for raising liquid pressure is a booster pump. The control device ensures that the liquid remains uniform in pressure. Rising demand for booster pumps in industries including construction, wastewater treatment, oil and gas, and technological developments in pumping systems are driving revenue growth in the global market. Reasons for the high need for boost pumps include rising water use, ineffective water management, and water supplied by a single line. Furthermore, it is anticipated that rising investments in product development and the enhancement of current systems will sustainably drive market expansion in the future.
Some important aspects that are anticipated to limit the growth of the global market include the high initial investments required for specialized types of booster pumps and the short lifespan caused by excessive wear and tear. There is a chance that booster pump manufacturing faults could slow the market's growth throughout the projection period. Moreover, burn-out and excessive energy usage can be consequences of certain sophisticated pumps experiencing problems with overheating.
When used with preexisting fluid flow systems, booster pumps increase the pressure. Their primary function is to lower system heads and increase flow rates in pumping systems. When the amount of waste is little, booster pumps are suitable for use in water systems. The aerospace, mining, and food processing industries are just a few of the many that make use of them, along with municipal and military uses. They enhance the efficiency of a preexisting pumping system. Centrifugal booster pumps pull and move fluid with the help of one or more impellers.
Advancements in technology have made deep-water and ultra-deepwater explorations possible, which bode well for the Booster Pump Market because they will increase oil output and open up new growth prospects. In June 2023, for instance, Flowserve Corporation—a big player in the flow control industry serving infrastructure markets worldwide—signed a deal to supply pumps to TMGcore, Inc.—a frontrunner in HPC solutions based in Texas that focuses on liquid immersion cooling technology.
The world's sewage volume is increasing due to the exponential expansion in the worldwide population. There are a lot of harmful chemicals, toxic substances, and trash in sewage, which is also called wastewater. A significant portion of the water contamination is caused by this. Globally, and notably in industrialized nations, wastewater treatment facilities have proliferated; as a result, developed nations typically handle around 70% of their own municipal and industrial wastewater. As an example, from 2021 to 2025, China intends to construct or upgrade 80,000 km of sewage collection pipeline networks and boost the capacity of its sewage treatment facilities by 20 million cubic meters per day. The expansion of the sewage treatment sector is fueling the demand for booster pumps, which are widely used in these facilities.
Report Coverage
Global Booster Pump research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Booster Pump report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Booster Pump competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Booster Pump market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Booster Pump market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Booster Pump market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Xylem, Davey Water Products, Dab Pumps Spa, Smith & loveless inc., Witte Pumps & Technology GmbH, Zodiac Pool Systems LLC, Pentair, Aquatec International, Inc., Franklin Electric Co. Inc., Alfred Kärcher SE & Co. KG
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Booster Pump market based on the below-mentioned segments:
Global Booster Pump Market, By Type
Single Stage
Multi Stage
Global Booster Pump market, By Application
Household
Agriculture
Water and Wastewater
Industrial
Others
Global Booster Pump Market, By Sales Type
New Sales
Aftermarket
Global Booster Pump market, Regional Analysis
You can find booster pumps on the market that have one step of operation or multiple stages. Booster pumps are commonly employed by large and intricate industries due to their ability to lower operational and maintenance costs associated with complex pumping systems through the use of pressure generation technology. The year 2031. Booster pumps are an upgrade above standard pumps; they have features like high-pressure flow and use modern technology to improve operational efficiency.
Governments worldwide are enacting policies to foster the growth of domestic industries, acknowledging the critical role of industrialization in economic development. Numerous programs and initiatives are in place to assist the growth of local industries in countries like Brazil, Vietnam, Indonesia, India, and China, among others. As an example, the Indian government introduced the Production Linked Incentive (PLI) program in 2020 to promote manufacturing goods within the country. On top of that, Vietnam started building two industrial zones in March 2023. The combined area of the two zones exceeded 10 square kilometers. Both high-tech and labor-intensive businesses are anticipated to attract foreign investment as a result of this. industries like chemicals and petrochemicals have also seen significant growth. Given that manufacturing industries are significant booster pump users, these factors are favorably impacting the growth of the market for these pumps.
In commercial and industrial settings, as well as in homes, schools, and on aquaculture farms and in agricultural settings, low water pressure is a typical issue. An integral part of any system for raising liquid pressure is a booster pump. The control device ensures that the liquid remains uniform in pressure. Rising demand for booster pumps in industries including construction, wastewater treatment, oil and gas, and technological developments in pumping systems are driving revenue growth in the global market. Reasons for the high need for boost pumps include rising water use, ineffective water management, and water supplied by a single line. Furthermore, it is anticipated that rising investments in product development and the enhancement of current systems will sustainably drive market expansion in the future.
Some important aspects that are anticipated to limit the growth of the global market include the high initial investments required for specialized types of booster pumps and the short lifespan caused by excessive wear and tear. There is a chance that booster pump manufacturing faults could slow the market's growth throughout the projection period. Moreover, burn-out and excessive energy usage can be consequences of certain sophisticated pumps experiencing problems with overheating.
When used with preexisting fluid flow systems, booster pumps increase the pressure. Their primary function is to lower system heads and increase flow rates in pumping systems. When the amount of waste is little, booster pumps are suitable for use in water systems. The aerospace, mining, and food processing industries are just a few of the many that make use of them, along with municipal and military uses. They enhance the efficiency of a preexisting pumping system. Centrifugal booster pumps pull and move fluid with the help of one or more impellers.
Advancements in technology have made deep-water and ultra-deepwater explorations possible, which bode well for the Booster Pump Market because they will increase oil output and open up new growth prospects. In June 2023, for instance, Flowserve Corporation—a big player in the flow control industry serving infrastructure markets worldwide—signed a deal to supply pumps to TMGcore, Inc.—a frontrunner in HPC solutions based in Texas that focuses on liquid immersion cooling technology.
The world's sewage volume is increasing due to the exponential expansion in the worldwide population. There are a lot of harmful chemicals, toxic substances, and trash in sewage, which is also called wastewater. A significant portion of the water contamination is caused by this. Globally, and notably in industrialized nations, wastewater treatment facilities have proliferated; as a result, developed nations typically handle around 70% of their own municipal and industrial wastewater. As an example, from 2021 to 2025, China intends to construct or upgrade 80,000 km of sewage collection pipeline networks and boost the capacity of its sewage treatment facilities by 20 million cubic meters per day. The expansion of the sewage treatment sector is fueling the demand for booster pumps, which are widely used in these facilities.
Report Coverage
Global Booster Pump research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Booster Pump report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Booster Pump competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Booster Pump market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Xylem, Davey Water Products, Dab Pumps Spa, Smith & loveless inc., Witte Pumps & Technology GmbH, Zodiac Pool Systems LLC, Pentair, Aquatec International, Inc., Franklin Electric Co. Inc., Alfred Kärcher SE & Co. KG |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Booster Pump Market from 2021 to 2031.
- Market Forecast for Booster Pump Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Booster Pump competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Booster Pump
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Booster Pump market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Booster Pump market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Xylem, Davey Water Products, Dab Pumps Spa, Smith & loveless inc., Witte Pumps & Technology GmbH, Zodiac Pool Systems LLC, Pentair, Aquatec International, Inc., Franklin Electric Co. Inc., Alfred Kärcher SE & Co. KG
Primary Target Market
- Market Players of Booster Pump
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Booster Pump market based on the below-mentioned segments:
Global Booster Pump Market, By Type
Single Stage
Multi Stage
Global Booster Pump market, By Application
Household
Agriculture
Water and Wastewater
Industrial
Others
Global Booster Pump Market, By Sales Type
New Sales
Aftermarket
Global Booster Pump market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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