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Cooling Pump Market Share
- Report ID: GMI7644
- Published Date: Dec 2023
- Report Format: PDF
Cooling Pump Market Share
The market is highly fragmented owing to the presence of several market players. Major companies operating in the market are Grundfos, Xylem, Sulzer, accounting over 38% market share in the year 2023. The major market players are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.
Government support to boost the adoption of low GWP refrigerant and the geographical expansion of key players are anticipated to intensify the market competition over the forecast timeframe. An acquisition strategy enables a company to enter new markets and product lines instantaneously with a recognized brand having a good reputation and an existing client base. An acquisition can overcome market entry barriers that were previously challenging.
Cooling Pump Market Companies
Major players operating in the Cooling Pumps industry include:
- Grundfos Group
- Xylem Inc.
- Sulzer Ltd.
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Cooling Pump Market Scope
