KSB SE & Co. KGaA announced the launch of new high-efficiency circulation pump known as CalioTherm S that is designed for pumping drinking water in closed circuits.
The Stiebel Eltron Group and Danfoss A/S have entered into an agreement for Stiebel Eltron to acquire Thermia, which includes Danfoss Värmepumpar AB in Sweden and activities in Finland and Norway.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 4915
Published Date: May 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Surging need for irrigation facilities, growing chemical industry, and rise in the number of power plants are the major factors driving the market growth.
The market size of high-pressure pumps is anticipated to attain a CAGR of 6.20% over the forecast period, i.e., 2023-2035.
Requirement of regular maintenance for high-pressure pumps, and adoption of an advanced technology as a substitute are estimated to be the growth hindering factors for the market expansion.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are Sulzer Ltd, Danfoss A/S, Maximator GmbH, Teledyne Group, ANDRITZ AG, The Weir Group PLC, GEA Group Aktiengesellschaft, Ardelyx, Inc., Comet Spa, and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by end use industry, pressure, type, and by region.
The manufacturing industries segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.