The global Centrifugal Canned Motor Pumps market size is projected to reach USD 2.26 billion by 2030

Centrifugal Canned Motor Pumps Market Summary

According to our LPI (LP Information) latest study, the global Centrifugal Canned Motor Pumps market size was valued at US$ 1607 million in 2023. With growing demand in downstream market, the Centrifugal Canned Motor Pumps is forecast to a readjusted size of US$ 2033.9 million by 2030 with a CAGR of 3.4% during review period.

The research report highlights the growth potential of the global Centrifugal Canned Motor Pumps market. Centrifugal Canned Motor Pumps are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Centrifugal Canned Motor Pumps. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Centrifugal Canned Motor Pumps market.

Canned Motor Pump is a centrifugal pump with pump and hermetically sealed electric motor mounted on single shaft thus eliminating the requirement of mechanical seal or other sealing device. Entire rotating assembly is immersed in the liquid, and motor stator and rotor are isolated from the pumped liquid with corrosion resistant, non-magnetic liner and sleeve. A part of the pumped liquid is by-passed through the motor, for cooling of motor and lubricating the bearing.

According to the new market research report “Global Centrifugal Canned Motor Pumps Market Report 2024-2030”, published by LP Information, the global Centrifugal Canned Motor Pumps market size is projected to reach USD 2.26 billion by 2030, at a CAGR of 3.4% during the forecast period.

Global Centrifugal Canned Motor Pumps MarketSize(US$ Million), 2019-2030

 

Above data is based on report from LP Information: Global Centrifugal Canned Motor Pumps Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact LP Information.

 

Global Centrifugal Canned Motor Pumps Top24Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

 

Above data is based on report from LP Information: Global Centrifugal Canned Motor Pumps Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact LP Information.

According to LP Information Top Players Research Center, the global key manufacturers of Centrifugal Canned Motor Pumps include Zhejiang Dayuan, Teikoku, Dalian Huanyou, Kirloskar Brothers, Shanghai East Pump, HERMETIC-Pumpen, KSB, Nikkiso, Hayward Tyler, CRIS Hermetic Pumps, etc. In 2023, the global top 10 players had a share approximately 32.9% in terms of revenue.

About LP Information:

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