Global Boiler Feed Water Pump Market Size, Trends and Growth Opportunity, By Type (Vertical Type and Horizontal Type), By Application (Mining, Urban Water Supply, Manufacturing and Others), By Region and Forecast Till 2030.
Report ID : IR1001949 | Industries : Energy & Power | Published On :June 2024 | Page Count : 156
Global Boiler Feed Water Pump Market Size, Trends and Growth Opportunity, By Type (Vertical Type and Horizontal Type), By Application (Mining, Urban Water Supply, Manufacturing and Others), By Region and Forecast Till 2030.
Global Boiler Feed Water Pump Market
The Global Boiler Feed Water Pump Market was valued at US$ 662 million in 2022 and it is expected to reach at US$ 890 million in 2030 at a CAGR of 4.32% during forecast period 2023-2030.
The market for pumps made exclusively for supplying water to boilers is referred to as the global boiler feed water pump market. These pumps are crucial parts of steam power plants and other industrial settings where steam is produced by boilers. A boiler feed water pump's main job is to provide water to the boiler at high pressure and temperature in order to ensure effective boiler operation. A wide range of devices, from small pumps used in household and commercial boilers to huge pumps used in power plants and other industrial applications, are available on the market for boiler feed water pumps. Increased energy demand, an expansion of industrial activity, and improvements in pump technology are some of the reasons driving the market.
Market Drivers
The world's population is expanding, cities are growing, and industries are becoming more advanced. The installation of power plants have expanded as a result, which has raised the need for boiler feed water pumps. The need for steam, which is produced by boilers, has expanded due to the development of numerous industries, including the chemical, petrochemical, and food processing. To ensure the effective operation of boilers, the use of boiler feed water pumps have grown in these industries
Market Restraints
The installation and maintenance of boiler feed water pumps require a high initial investment, which can be a significant barrier for small and medium-sized enterprises. This limits the adoption of these pumps in some markets. The production of boiler feed water pumps require raw materials such as steel, iron, and other metals. The volatility in the prices of these raw materials can significantly affect the cost of production and pricing of the pumps.
Market Segmentation
The global boiler feed water pumps market is segmented into type and application. On the basis of type the market is segmented into vertical type and horizontal type. On the basis of application the market is segmented into mining, urban water supply, manufacturing and others.
Regional Analysis
The boiler feed water pumps market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America is a mature market for boiler feed water pumps, with the United States being the largest market in the region. The market is driven by the presence of several power generation plants and the expansion of the chemical and petrochemical industries. Europe is a significant market for boiler feed water pumps, with Germany, the United Kingdom, and France being the largest markets in the region. The market is driven by the expansion of the industrial sector and the increasing demand for energy-efficient solutions.
Key Players
Various key players are listed in this report such as FLOWSERVE, WILO, Pentair, KSB, Ebara, HCP, ITT, Argal, Grundfos and IDEX.
Market Taxonomy
By Type
• Vertical Type
• Horizontal Type
By Application
• Mining
• Urban Water Supply
• Manufacturing
• Others
By Region
North America
• U.S
• Canada
• Mexico
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
Latin America
• Brazil
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
Global Boiler Feed Water Pump Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Boiler Feed Water Pump Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact Due To Recent Energy Crisis
4.2.5 Cumulative Impact Due To Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Boiler Feed Water Pump Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Boiler Feed Water Pump Market Share Analysis, By Type
5.3 Global Boiler Feed Water Pump Market Size and Forecast, By Type
5.3.1 Vertical Type
5.3.2 Horizontal Type
6 Global Boiler Feed Water Pump Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Boiler Feed Water Pump Market Share Analysis, By Application
6.3 Global Boiler Feed Water Pump Market Share Analysis, By Application
6.3.1 Mining
6.3.2 Urban Water Supply
6.3.3 Manufacturing
6.3.4 Others
7 Global Boiler Feed Water Pump Market, By Region
7.1 Global Boiler Feed Water Pump Market Share Analysis, By Region
7.2 Global Boiler Feed Water Pump Market Size and Forecast, By Region
8 North America Boiler Feed Water Pump Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Boiler Feed Water Pump Market Share Analysis, By Type
8.3 North America Boiler Feed Water Pump Size and Forecast, By Application
8.4 North America Boiler Feed Water Pump Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Boiler Feed Water Pump Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Boiler Feed Water Pump Market Share Analysis, By Type
9.3 Europe Boiler Feed Water Pump Market Size and Forecast, By Application
9.4 Europe Boiler Feed Water Pump Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Boiler Feed Water Pump Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia-Pacific Boiler Feed Water Pump Market Share Analysis, By Type
10.3 Asia-Pacific Boiler Feed Water Pump Market Size and Forecast, By Application
10.4 Asia-Pacific Boiler Feed Water Pump Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Boiler Feed Water Pump Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Boiler Feed Water Pump Market Share Analysis, By Type
11.3 Latin America Boiler Feed Water Pump Market Size and Forecast, By Application
11.4 Latin America Boiler Feed Water Pump Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2. Rest of Latin America
12 Middle East Boiler Feed Water Pump Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Boiler Feed Water Pump Market Share Analysis, By Type
12.3 Middle East Boiler Feed Water Pump Market Size and Forecast, By Application
12.4 Middle East Boiler Feed Water Pump Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.2. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. FLOWSERVE
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. WILO
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Pentair
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. KSB
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. Ebara
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. HCP
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. ITT
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. Argal
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. Grundfos
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. IDEX
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies