Report ID : 1300421 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Canned Motor Pumps Market is categorized based on Type (Vertical Canned Motor Pumps, Horizontal Canned Motor Pumps) and Application (Chemical Processing, Water Treatment, Oil & Gas, Food & Beverage, Pharmaceuticals) and End-Use Industry (Industrial, Commercial, Municipal, Agriculture, Power Generation) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Canned Motor Pumps Market size was $1.2 billion and is projected to grow to $2.5 billion by 2033, registering a CAGR of 7.8% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
Canned motor pumps constitute an important part of the industrial pumping system which other power operated pumps incorporate centrifugal, rotary or reciprocating designs. The primary advancement is in the integration of the motor and pump. The primary feature of these pumps is that they operate without mechanical seals which makes them highly reliable because seals are common sites for leaks. The demand for canned motor pumps has grown significantly in recent years, especially in regions for chemical processing, oil and gas, and water treatment due to increasing industry focus on sustainability and operational efficiency.
Canned motor pumps are extremely beneficial in today's world where there is a great focus on environmental sustainability. They have low energy usage and require lower maintenance compared to traditional pumps. With sealed construction suitable for potentially hazardous environments, these pumps enhance safety for businesses that are committed to sustainability. To gain competitive advantage during changing market conditions, stakeholders will have to consider the trends, issues, and changes that will occur in the canned motor pumps market.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | KSB SE & Co. KGaA, Flowserve Corporation, Grundfos Holding A/S, Schneider Electric SE, Ebara Corporation, Xylem Inc., Atlas Copco AB, Wilo SE, Gorman-Rupp Company, SPX Flow Inc., Sulzer Ltd |
SEGMENTS COVERED |
By Type - Vertical Canned Motor Pumps, Horizontal Canned Motor Pumps By Application - Chemical Processing, Water Treatment, Oil & Gas, Food & Beverage, Pharmaceuticals By End-Use Industry - Industrial, Commercial, Municipal, Agriculture, Power Generation By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Canned Motor Pumps Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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