The global commercial booster pumps market achieved a sales revenue of US$ 5,809 million in 2023, with forecasts projecting a remarkable escalation to a valuation of US$ 12,084.3 million by the conclusion of 2033. This significant growth trajectory is underscored by an estimated Compound Annual Growth Rate (CAGR) of 7.6% for worldwide shipments of commercial booster pumps over the forecast period spanning from 2023 to 2033.
In 2023, sales of commercial booster pumps constituted a commanding 62% of the global booster pump market share. Notably, the segment catering to water-based commercial booster pumps is poised for substantial growth, driven by the increasing utilization of water across various industrial applications.
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Commercial booster pumps manufacturers have a promising opportunity to capitalize on the rising demand for corrosion-resistant pumps, driving the market’s potential to new heights.
The prolonged exposure of water pumps to water often leads to accelerated corrosion of the metal components, posing a significant challenge for many commercial booster pumps used in water applications. Recognizing this pressing issue, commercial booster pump companies are prioritizing research and development initiatives aimed at developing corrosion-resistant solutions.
Investments in innovative technologies and materials are underway to address this challenge, with the goal of introducing corrosion-resistant commercial booster pumps for water applications. This strategic focus on corrosion resistance not only addresses a critical industry need but also presents a lucrative opportunity for manufacturers to tap into a previously untapped market segment.
With the demand for corrosion-resistant pumps on the rise, manufacturers have the potential to carve out a niche market and reshape the trajectory of the commercial booster pump industry through the forecast period leading up to 2033. By offering durable and reliable solutions that mitigate corrosion issues, manufacturers can position themselves at the forefront of innovation and meet the evolving needs of customers across various industries.
Key Players
- Grundfos
- Xylem Inc.
- KSB AG
- Flowserve Corporation
- Sulzer Ltd.
- WILO SE
- Gorman Rupp Pump Company
- ANDTRIZ Group
- Danfoss
- Pentair Plc.
- Peerless Pump Company
- CAT Pumps
- ETEC
- Zoeller Company
- Franklin Electric
- Luckpump Machiner Co. Ltd.
- LEO Group
- Mazzoni SRL
- Vossche
- Torishima Pump Mfg. Co. Ltd
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Market Segmentation by Category
Commercial Booster Pumps Market by Pump Type:
- Single-stage
- Dual-stage
- Multi-stage
Commercial Booster Pumps Market by Operating Pressure:
- 0.5 – 1 Bar
- 1 – 5 Bar
- 5 – 10 Bar
- 10 – 20 Bar
- 20 – 25 Bar
- 25 – 50 Bar
- Above 50 Bar
Commercial Booster Pumps Market by End Use:
- Municipal Water & Wastewater Management
- Groundwater & Rainwater Harvesting
- District Cooling & Heating
- HVAC
- Commercial Buildings
- Agriculture & Irrigation
- Fire Control & Engineering
- Industrial Processes
Commercial Booster Pumps Market by Sales Channel:
- Online Sales
- Offline Sales
Commercial Booster Pumps Market By Region:
- North America
- Latin America
- Europe
- The Middle East and Africa
- East Asia
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