Market Overview:
The Global Magnetic Drive Centrifugal Pumps Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for centrifugal pumps in various applications such as papers, building materials, and others. Additionally, the growing demand for energy-efficient and reliable pumps is also propelling the growth of this market. Based on type, the global magnetic drive centrifugal pumps market can be segmented into desktops and portable centrifugal pumps. Desktops are further classified into sub-segments such as single stage (up to 2 HP), two stage (2 HP – 10 HP), three stage (>10HP) and four stage (>50HP). Portable centrifugal pumps are used for pumping water or other fluids from one place to another where there is no power supply or when it is not possible or convenient to use an electric motor powered pump set up. They find application in agriculture, construction sites, mining sites etc.
Product Definition:
A centrifugal pump is a type of pump that uses centrifugal force to move fluid through the pump. The fluid enters the pump near the center and is forced outward by spinning impellers to the sides of the casing. Centrifugal pumps are used in a wide variety of applications, including water supply, wastewater treatment, flood control, irrigation, fire suppression and chemical processing.
Magnetic drive centrifugal pumps use magnets to transfer power from an electric motor to the impeller without using gears or a shaft seal. This eliminates leaks and increases reliability because there are no contact points between moving parts.
Desktops:
Desktops are used in the manufacturing process of Magnetic Drive Centrifugal Pumps (MDC). MDC is a centrifugal pump that uses rotating impellers to move fluid. Desktops help in increasing the efficiency of magnetic drive pumps by reducing friction, wear and tear. They also ensure easy maintenance and provide high reliability, thus resulting into increased demand for MDCs over the forecast period.
Portable:
The portable is a kind of machine which is used to transfer energy from one place to another with the help of mechanical movement. It can be wheeled or hand carried and it's operation depends on the power source. The most common sources are electricity, steam and water.
It has different applications in industries such as construction, chemical processing, oil & gas extraction among others depending upon its type (portable or non-portable).
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The segment includes food and beverage, chemicals, pharmaceuticals and cosmetics among others. These applications require a relatively low pumping speed as compared to other applications such as papers or building materials where high flow rates are required for effective transfer of material from the feeder to the discharge end.
The demand for magnetic drive centrifugal pumps is expected to grow on account of their use in various industries including oil & gas, pulp.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and end-users. The region is expected to maintain its dominance over the forecast period due to increasing demand for efficient magnetic drive centrifugal pumps from various end-use industries such as water, power, mining, food & beverage and others.
The growing construction industry in North America is anticipated to boost product demand over the forecast period. In addition, rising need for portable magnetic drive centrifugal pumps for transferring fluids at remote locations is likely to contribute toward growth during the same period.
Asia Pacific market was valued at USD X million in 2017 and it is projected that this trend will continue till 2030 owing towards rapid industrialization along with expanding infrastructure sector mainly in China and India will fuel product demand majorly across applications such as power generation, papermaking etc.).
Growth Factors:
- Increasing demand from the water and wastewater treatment industry for efficient and reliable pumps
- Growing popularity of magnetic drive centrifugal pumps in the chemical processing industry
- Rising investments in infrastructure development projects worldwide
- Proliferation of nanotechnology-based products that can improve pump performance
- Growing awareness about the benefits of using magnetic drive centrifugal pumps over traditional mechanical drives
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Drive Centrifugal Pumps Market Research Report
By Type
Desktops, Portable
By Application
Papers, Building Materials, Others
By Companies
PCE Instrument, AdvanceTech Instrument, EriChsen, LonRoy, Techchnidyne Corporation, Universial Engineering Corporation, Mangal Instrument, Hangzhou PnShar Technology Co.,Ltd., LiSun Group, Datacolor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Drive Centrifugal Pumps Market Report Segments:
The global Magnetic Drive Centrifugal Pumps market is segmented on the basis of:
Types
Desktops, Portable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Papers, Building Materials, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PCE Instrument
- AdvanceTech Instrument
- EriChsen
- LonRoy
- Techchnidyne Corporation
- Universial Engineering Corporation
- Mangal Instrument
- Hangzhou PnShar Technology Co.,Ltd.
- LiSun Group
- Datacolor
Highlights of The Magnetic Drive Centrifugal Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desktops
- Portable
- By Application:
- Papers
- Building Materials
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnetic Drive Centrifugal Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnetic drive centrifugal pumps are a type of pump that use magnets to move the fluid. This makes them very efficient and able to move large amounts of fluid quickly. They are also relatively quiet, making them an ideal choice for applications where noise is a concern.
Some of the key players operating in the magnetic drive centrifugal pumps market are PCE Instrument, AdvanceTech Instrument, EriChsen, LonRoy, Techchnidyne Corporation, Universial Engineering Corporation, Mangal Instrument, Hangzhou PnShar Technology Co.,Ltd., LiSun Group, Datacolor.
The magnetic drive centrifugal pumps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Drive Centrifugal Pumps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Magnetic Drive Centrifugal Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnetic Drive Centrifugal Pumps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Magnetic Drive Centrifugal Pumps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Magnetic Drive Centrifugal Pumps Market Size & Forecast, 2020-2028
4.5.1 Magnetic Drive Centrifugal Pumps Market Size and Y-o-Y Growth
4.5.2 Magnetic Drive Centrifugal Pumps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Desktops
5.2.2 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Papers
6.2.2 Building Materials
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Drive Centrifugal Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnetic Drive Centrifugal Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Desktops
9.6.2 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Papers
9.10.2 Building Materials
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Desktops
10.6.2 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Papers
10.10.2 Building Materials
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Desktops
11.6.2 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Papers
11.10.2 Building Materials
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Desktops
12.6.2 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Papers
12.10.2 Building Materials
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Desktops
13.6.2 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Papers
13.10.2 Building Materials
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnetic Drive Centrifugal Pumps Market: Competitive Dashboard
14.2 Global Magnetic Drive Centrifugal Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PCE Instrument
14.3.2 AdvanceTech Instrument
14.3.3 EriChsen
14.3.4 LonRoy
14.3.5 Techchnidyne Corporation
14.3.6 Universial Engineering Corporation
14.3.7 Mangal Instrument
14.3.8 Hangzhou PnShar Technology Co.,Ltd.
14.3.9 LiSun Group
14.3.10 Datacolor
