Canned Motor Pumps Market Projected to Experience Major Revenue Boost till the end of 2026

Posted on 2018-11-06 by Mark Hub in Industrial // 0 Comments

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Rockville, US, 2018-Nov-06 — /EPR Network/ — Canned motor pumps are advanced centrifugal pumps with an electric motor hermetically-sealed and mounted on a single shaft, which in turn eliminates the requirement for mechanical seals. The entire rotating assembly of canned motor pumps is immersed in liquid, with motor stator and rotor isolated from pumped liquid by using a corrosion-resistant non-magnetic sleeve and liner.

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Petrol’s energy density makes it an imperative raw material in every combustible, and an irreplaceable raw material utilized in petrochemical industries for manufacturing a wide range of everyday life products. However, the environmental impact including leaks from petroleum extractions, carbon dioxide emissions and degassing effects of petrol has become a major concern among regulatory authorities. Environmental sensibilization has resulted into enforcement of standards with regard to petrochemical installations based on severe security and health protection requirements. Canned motor pumps that are leak-proof contribute significantly to respect of such specifications, thereby witnessing huge demand in the petrochemical industries.

7 Key Takeaways from Fact.MR’s Report on Canned Motor Pumps Market

Asia-Pacific excluding Japan (APEJ) is expected to remain dominant in the global canned motor pumps market, in terms of volume as well as revenues. The region is also expected to remain the fastest expanding market for canned motor pumps.
In terms of revenues, the markets in North America and Europe are projected to exhibit similar CAGRs through 2026. However, in terms of volume, the market in Europe will continue to exhibit a comparatively faster expansion than that in North America.
Revenues from sales of canned motor pumps in Latin America and Middle-East & Africa (MEA) will remain sluggish, and will increase at an approximately similar CAGR through 2026.
Volume sales of standard pumps and high temperature pumps will remain significantly higher than all the other product segments included in the report. However, revenues from these two product segments will remain relatively lower in the market. In addition, revenues from sales of reverse circulation pumps and multistage pumps will account for the largest market shares during the forecast period. Multistage pumps are anticipated to witness the lowest volume sales in the market during 2017 to 2026.
Canned motor pumps will find the largest volume sales for end-use in the chemical industry. Although volume sales of canned motor pumps for end-use in waste & wastewater and pharmaceutical industries will remain nearly similar, revenues from canned motor pump sales in the former will remain comparatively larger than those from the latter. In terms of both volume sales as well as revenues, canned motor pumps will continue to witness the lowest end-use in food & beverages industry.
On the basis of capacity, small capacity canned motor pumps will remain preferred in the market. Volume sales of small canned motor pumps will exceed 3,000 Mn units, to surpass revenues worth US$ 2,000 Mn by 2026-end. Volume sales of medium and high capacity canned motor pumps will collectively outgrow their small capacity counterparts by 2026-end.
Fact.MR’s report has profiled key active market participants, which include Honda Motor Co., Ltd., Champion Power Equipment, Inc., Generac Holdings Inc., Yamaha Motor Co., Ltd., Toshiba Corporation, Hyundai Motor Company, Briggs & Stratton Corporation, Wuxi Kipor Power Co. Ltd., Lifan Industry (Group) Co., Ltd., Ryobi Limited, and Subaru Corporation.

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APEJ to Lead Global Canned Motor Pumps Market during 2017-2026

Abundant availability of resources and manpower at low cost in Asia-Pacific excluding Japan has made the region most remunerative for the canned motor pumps market. Asian manufacturers are continuously focusing on product differentiation and selling their products at competitive prices. Moreover various international vendors are outsourcing their production of canned motor pumps to APEJ in a bid to leverage from the low-cost manufacturing facilities. In terms of revenues as well as volume sales, APEJ will lead the global canned motor pumps market during the forecast period, trailed by Europe and North America.

Small capacity canned motor pumps will continue to account for the largest revenue share of the market, with sales forecast to exceed 3,000 Mn units by 2026-end. Demand for medium and high capacity canned motor pumps will also remain significant over the forecast period.

Table of Content:

Global Economic Outlook
Global Market – Executive Summary
Global Market Overview
3.1. Introduction
3.1.1. Global Market Taxonomy
3.1.2. Global Market Definition
3.2. Global Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Market Y-o-Y Growth
3.3. Global Market Dynamics
3.4. Supply Chain
3.5. Product Life Cycle
3.6. PESTLE Analysis
3.7. Cost Structure
3.8. Porter’s Five
3.9. Intensity Map
Global Market Analysis and Forecast 2012-2026
4.1. Global Market Size and Forecast By Product Type, 2012-2026
4.1.1. Standard Pumps Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. High Temperature Pumps Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Reverse Circulation Pumps Market Size and Forecast, 2012-2026
4.1.3.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Liquid Pumps Market Size and Forecast, 2012-2026
4.1.4.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Multistage Pumps Market Size and Forecast, 2012-2026
4.1.5.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.1.6. Others Market Size and Forecast, 2012-2026
4.1.6.1. Revenue (US$ Mn) and Volume Comparison, By Region
4.1.6.2. Market Share Comparison, By Region
4.1.6.3. Y-o-Y growth Comparison, By Region

Continued……………..

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