HVAC Pump Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Russia, China, Japan, Australia, Indonesia, Malaysia, South Korea, India, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

Report ID: GMI4971

Summary Methodology

HVAC Pump Market will foresee exponential growth during 2021 to 2027 owing to the rising need to optimize energy in residential & commercial infrastructures by Heating, Ventilating, and Air-Conditioning (HVAC) systems. A rapid increase in the population along with the development of new business centers, such as offices, factories, warehouses, sports complex, hospitality, healthcare, etc., has stimulated the deployment of compact and efficient heating & cooling technologies. These building mechanical systems facilitate thermal comfort with enhanced air quality, thereby escalating market demand.

Increasing urbanization and rising green building construction is likely to drive the HVAC pump market growth. A centrifugal pump is the most common type of pump used in these systems for water circulation operations. Cost-effectiveness, low maintenance, and high safety are the major attributes that make it a preferred choice in commercial & residential establishments. HVAC pumps are widely deployed to maintain an efficient flow rate and distribution systems in the HVAC unit. Rising sustainability trends towards energy conservation will augment market revenue.

HVAC systems contribute to around 30% of the energy used by commercial buildings. Innovation in HVAC pump manufacturing with 3D printing and computer modeling has resulted in significant growth potential for market players operating across the industry. HVAC pumps offer lucrative opportunities in almost all types of manufacturing facilities such as textiles, chemicals, automotive, food processing, forest products, etc.

These pumps transfer fluids within the system and support the operation of chillers, boilers, and water towers. They require less floor space in a plant room for installation and reduce fossil fuel consumption. Moreover, the integration of adaptive pumping systems that use frequency converters and sensors to provide efficient flow rate throughout with minimum life cycle cost poised to boost consumption.

HVAC pumps are associated with high upfront and maintenance costs. Moreover, the COVID-19 pandemic has severely impacted the economic growth of leading nations, resulting in a decline in HVAC pump consumption among end-user industries. The entire value chain and competitive landscape have been affected due to various control measures during the period leading to low supply, inventory, and costs.

Based on product, the HVAC pump market is segmented into booster, boiler feed, and circulating pumps. Circulating pumps are usually electrically powered are ideally deployed in hot water service and cooling systems with low operational pressure in both residential & commercial applications. Significant expenditure in the production of customized pumps for extreme climatic conditions will propel the market outlook.

Based on end-user, the market is segmented into residential, commercial, and industrial. Soaring commercialization and urbanization have catalyzed the growth of HVAC pumps across domestic and commercial buildings. However, increasing government support and incentives for the development of infrastructural projects in the emerging nations of Asia Pacific and Middle East & Africa is driving the market demand.

North America and Europe collectively account for a significant HVAC pump market share through 2027. Countries including the U.S., the UK, Germany, Sweden, and Canada are highly developed and have advanced infrastructure facilities. The power/energy and industrial sectors are major consumers of HVAC pumps in the regions that will spur the market growth.

The competitive landscape of the global HVAC pump industry is moderately fragmented with the presence of large manufacturers and integrated distribution networks in emerging economies. Barriers to entry in the industry are high due to high startup & production costs associated with the equipment. Several multinational players are engaged in new product development and expanding geographical reach in the overall market. Recently, in 2020, WILO SE introduced energy-efficient Wilo-Yonos MAXO pumps that are fully integrated into building management systems.

Some of the notable HVAC pumps market players include Grundfos, Pentair, Xylem, Ebara Corporation, KSB SE & Co. KGaA, Thermal Tech, Bard Manufacturing Company, Kirloskar Brothers, Armstrong Air Gorman Rupp, C.R.I. Pumps, Torishima Pump, TACO INC., Bell & Gossett, AURORA GmbH, Danfoss, etc. In 2016, Xylem Inc. launched its new production facility in Jebel Ali, Dubai. This new facility will produce improved product series and provide integrated support to its customers across the Middle East and North Africa.

HVAC Pump Market, By Product, 2017 - 2027 (USD Million)

  • Booster pumps
  • Boiler feed pumps
  • Circulating pumps

Market, By End-use, 2017 - 2027 (USD Million)

  • Residential
  • Commercial
  • Industrial

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • APAC
    • China
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
    • India
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE

Company Profiles:

  • Grundfos
  • Pentair
  • Xylem Inc.
  • Ebara Corporation
  • KSB SE & Co. KGaA
  • Thermal Tech
  • Bard Manufacturing Company
  • Kirloskar Brothers
  • Armstrong Fluid Technology
  • Gorman Rupp
  • C.R.I. Pumps
  • Torishima Pump
  • Bell & Gossett
  • Danfoss

What Information does this report contain?

Historical data coverage: 2013 to 2015; Growth Projections: 2016 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

 Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X