Booster Pump Market Size, Share, Industry Forecast 2030

PUNE, India - Aug. 18, 2023 - PRLog -- Booster Pump Market Overview:

The Booster Pump Market is exhibiting a robust CAGR of 4.3%, this growth trajectory is anticipated market's valuation of USD 2,443.59 Million in 2022 to a projected value of USD 3,402.04 Million by the year 2030.

A booster pump is a type of centrifugal pump designed to elevate the pressure of fluids, helping them overcome resistance and maintain consistent flow rates within pipelines or systems. These pumps are particularly employed when the existing pressure is insufficient to meet operational requirements, ensuring optimal performance and reliability.

Market Trends

Manufacturers are actively pursuing energy-efficient solutions through advancements in motor technologies and optimized designs, thereby curbing energy consumption without compromising performance. The integration of IoT (Internet of Things) technology into these pumps is revolutionizing operations by enabling real-time monitoring, data analysis, and predictive maintenance, resulting in heightened efficiency and reduced downtime.

Market Segmentation

By Type

• Single Stage
• Multi Stage

By Power Source

• Electric
• Diesel
• Gasoline
• Others

By End User

• Residential
• Commercial
• Industrial
• Municipal
• Agriculture
• Others

By Distribution Channel

• Online Channel
• Offline Channel

Key Players

• Alfred Karcher SE & Co. KG
• Aquatec International, Inc.
• Dab Pumps S.p.A.
• Eddy Pump Corporation
• Franklin Electric Co., Inc.
• Grudfos.
• karcher International
• Pentair
• Smith & Loveless Inc.
• Witte Pumps & Technology GmbH
• Zodiac Pool Solutions

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