February 15, 2024 10:29 ET | Source: Research and Markets Research and Markets
Dublin, Feb. 15, 2024 (GLOBE NEWSWIRE) -- The "Hot Water Recirculation Pumps - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Hot Water Recirculation Pumps Market to Reach $8.7 Billion by 2030 The global market for Hot Water Recirculation Pumps estimated at US$5.1 Billion in the year 2022, is projected to reach a revised size of US$8.7 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Active Pumps, one of the segments analyzed in the report, is projected to record 7.2% CAGR and reach US$5.3 Billion by the end of the analysis period. Growth in the Passive Pumps segment is estimated at 6.6% CAGR for the next 8-year period. Cutting Sewage Submersible Pump
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 9.3% CAGR The Hot Water Recirculation Pumps market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$992.1 Million by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR. What`s New?
FOCUS ON SELECT PLAYERS(Total 43 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/2afn2m
Small Circulation Pump About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.