Canned Motor Pumps Market Statistics, Trends, and Key Players by 2031

MARKET INTRODUCTION

A canned motor pump is a seal-less pump. It is a centrifugal pump with a hermetically sealed electric motor mounted on a single shaft, thereby eliminating the sealing device requirement. The canned motor pump is widely used to pump toxic, explosive, hazardous, and supercritical fluids. Thus, a canned motor pump is an ideal solution for circulation and transfer tasks in the chemical industry, which anticipates the canned motor pumps market growth during the forecast period.

MARKET DYNAMICS

The various benefits of canned motor pumps include reliability, low vibration, high serviceability, cost-efficiency, high-pressure & high-temperature characteristic, and the ability to handle toxic and corrosive fluids without any possibility of emissions into the environment. This factor is likely to propel the growth of the canned motor pumps market. Moreover, increasing industrialization coupled with the wide range of application of this pump in the chemical, petrochemical, oil & gas, and pharmaceutical industries to process highly volatile fluids such as LNG, LPG, Liquid Ammonia and refrigerants, etc. are expected to boom the canned motor pumps market growth.

MARKET SCOPE

The "Global Canned Motor Pumps Market Analysis to 2031" is a specialized and in-depth study of the canned motor pumps industry with a special focus on the global market trend analysis. The report aims to provide an overview canned motor pumps market with detailed market segmentation as product, capacity, industry, and geography. The global canned motor pumps market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading canned motor pumps market players and offers key trends and opportunities in the canned motor pumps market.

MARKET SEGMENTATION

The global canned motor pumps market is segmented on the basis of product, capacity, industry. On the basis of product the market is segmented as standard pumps, high temperature pumps, reverse circulation pumps, others. On the basis of capacity the market is segmented as low, medium, high. On the basis of industry the market is segmented as oil and gas, chemical, power, pharmaceutical, water and wastewater, food and beverages, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global canned motor pumps market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The canned motor pumps market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting canned motor pumps market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the canned motor pumps market in these regions.

MARKET PLAYERS

The reports cover key developments in the canned motor pumps market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Canned motor pumps market are anticipated to lucrative growth opportunities in the future with the rising demand for canned motor pumps in the global market. Below mentioned is the list of few companies engaged in the canned motor pumps market.

The report also includes the profiles of key canned motor pumps companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  Curtiss-Wright Corporation
  Hayward Tyler Ltd.
  HERMETIC-Pumpen GmbH
  Kirloskar Brothers Limited
  KSB SE & Co. KGaA
  Nikkiso Co., Ltd.
  OPTIMEX
  Shanghai East Pump (Group) Co.,Ltd
  Shimge Pump Industry Group Co., Ltd.
  Teikoku Electric MFG Co., Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Canned Motor Pumps Report Scope