The global Magnetic Drive Pumps market was valued at US$ 586.97 million in 2022 and is anticipated to reach US$ 744.92 million by 2029, witnessing a CAGR of 3.53% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Magnetic Drive Pumps is estimated to increase from $ 143.27 million in 2022 to reach $ 175.37 million by 2029, at a CAGR of 2.96% during the forecast period of 2023 through 2029.
Asia-Pacific market for Magnetic Drive Pumps is estimated to increase from $ 223.70 million in 2022 to reach $ 302.67 million by 2029, at a CAGR of 4.39% during the forecast period of 2023 through 2029.
Global Magnetic Drive Pumps Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Magnetic Drive Pumps Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Magnetic Drive Pumps companies in 2022 (%)
The major global manufacturers of Magnetic Drive Pumps include: Flowserve, Sundyne, Iwaki, Hermetic, Dickow Pumpen, Sanwa Hydrotech, Klaus Union, Dandong Colossus, etc. In 2022, the world's top three vendors accounted for approximately 14% of the revenue.We surveyed the Magnetic Drive Pumps manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Magnetic Drive Pumps Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Magnetic Drive Pumps Market Segment Percentages, by Type, 2022 (%)
- Stainless Steel
- Reinforced Polypropylene
- Engineering Plastics
Global Magnetic Drive Pumps Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Magnetic Drive Pumps Market Segment Percentages, by Application, 2022 (%)
- Oil and Gas
- Chemical Industry
- Pharmaceuticals
- Food Industry
- Aerospace & Defense
Global Magnetic Drive Pumps Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Magnetic Drive Pumps Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Magnetic Drive Pumps revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Magnetic Drive Pumps revenues share in global market, 2022 (%)
- Key companies Magnetic Drive Pumps sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Magnetic Drive Pumps sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Sundyne
- IWAKI
- Klaus Union
- ITT Goulds Pumps
- March Manufacturing
- Flowserve
- Richter Chemie-Technik
- CP Pumpen
- Dandong Colossus
- Dickow Pumpen
- Yida Petrochemical Pump
- Micropump
- Verder
- Taicang Magnetic Pump
- DESMI
- HERMETIC-Pumpen
- Tengyu Enterprise
Outline of Major Chapters:
Chapter 1: Introduces the definition of Magnetic Drive Pumps, market overview.
Chapter 2: Global Magnetic Drive Pumps market size in revenue and volume.
Chapter 3: Detailed analysis of Magnetic Drive Pumps manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Magnetic Drive Pumps in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Magnetic Drive Pumps capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
