According to a recent market study published by Growth Market Reports, titled, "Global End Suction Pumps Market by pump types, by stages, by applications, and by regions: Size, Share, Trends and Opportunity Analysis, 2021-2028", the market was valued at USD 1,831.8 Million in 2020 and is expected to grow at a rate of 3.5% by 2028. The market is projected to grow at a rapid pace, due to rapid industrialization and urbanization, as well as high demand for irrigation facilities from the agricultural sector in countries such as India and China.

The Global End Suction Pumps Market has been segmented into pump types, stages, applications, and regions. Based on pump types, the global end suction pump market is segmented into frame mounted end suction pump, close coupled end suction pump, and lined end suction pump. On the basis of stages, the market is segmented into single stage and multi stage.

Based on applications, the global end suction pump market is segmented into residential, commercial, and industrial. On the basis of regions, the end suction pumps market is segmented as North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

Industrial buyers are using modern pumping equipment instead of the conventional method of manufacturing for reducing maintenance and operational costs and saving energy, which is projected to boost the demand for end suction pumps during the forecast period. Another aspect that stimulates growth is technology developments, such as the invention of 3D printed impellers and the use of modelling software. These innovations help to improve pump performance, reduce production costs, and produce high flow rate and outlet pressure. These factors are expected to boost the end suction pump market.

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The growth of the end suction pump market is attributed to increasing requirement for continuous water supply in critical infrastructure in the wake of COVID-19, rising demand for gold and iron ore, growing need from wastewater treatment segment in industries due to automation, continuous development of technologies, and growing adoption of end suction pumps in the renewable energy sector.

Manufacturers offer a wide range of sizes, construction materials, and designs to handle everything from room temperature water to high temperature abrasive slurries, viscous oils, and corrosive chemicals. End suction pumps are popular and low-cost arrangement for centrifugal pumps. Increasing investments in research and development (R&D) activities is a major factor driving the end suction pumps market in Asia Pacific during the forecast period. Rising production activity and growth of Internet of Things (IOTs) are anticipated to drive the end suction pumps market in Europe during the forecast period. Europe is one of the major regions with significant growth in infrastructure and construction activities. Demand for water and waste management in the region is increasing significantly over the years.

The COVID-19 outbreak had a substantial impact on the industries for the end suction pump market, resulting in low production and low GDP. COVID-19 caused the manufacturing processes of various companies around the world to come to a halt in order to slow the spread of the virus. The economy of numerous countries has been badly hit as a result of COVID-19 and purchasing power is shrinking rapidly, due to slow commercial activity.

Key Takeaways from the Study

  • Technological improvement in end suction pumps aided vendors in upgrading their product offerings. Modelling software is used by vendors to aid in the design of impellers and other components.
  • The end suction pumps market is expected to rise, due to increased demand for frame mounted end suction pumps from water and wastewater treatment plants.
  • Growing household sector in emerging nations, as well as increased investments in infrastructure and solar power plants drive the single stage end suction pump market.
  • Low maintenance costs and durability of single-stage pumps in applications with transitional dynamic heads, for instance water pumping stations, which are among the most prevalent applications for end suction pumps, are projected to increase the demand for single-stage pumps globally.
  • Increasing investments in the construction industry as a result of increasing urbanization, as well as strong demand for end suction pumps in the agriculture sector, are the primary factors driving the end suction pump market.
  • The market in the Asia Pacific is expected to hold a large share of the global end suction pump market. The dominance of the market in the Asia Pacific is attributed to strong economic growth in the region. The region is providing new opportunities to build manufacturing enterprises, due to the low cost of raw materials and labor in the region.
  • Industrial activity is increasing as a result of reduced manufacturing costs and local government assistance. One of the factors boosting the end suction pumps market in the Asia Pacific is increased R&D spending.
  • Electrical motors are used in Canada, which is expected to boost the end suction market, as close coupled end-suction pumps are meant to be positioned on the same baseplate as a driver, such as an electric motor, and connected by a flexible coupling. In the end suction pump market, these aspects are projected to develop rapidly.

Report Scope

Report Metric

Details

Market Value in 2020

USD 2,306.2 Million

Market Growth Rate (from 2021 to 2028)

3.5%

Historical Data

2018 & 2019

Base Year

2020

Forecast Period

2020 – 2028

Market Segments

Types, Applications, and Regions.

Region Scope

North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Key Companies Profiled

Flowserve Corporation, Arroyo Process Equipment, Grundfos Holding A/S, Sulzer Ltd, Franklin Electric Co., Inc., ANDRITZ, Gorman-Rupp Pumps, Apex Fluid Engineering Ltd., OPTIMEX, DESMI A/S, and Gardner Denver.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Demand Side: Automotive industries, chemical industries, power generation, oil and gas industries, and others.
  • Regulatory Side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies.
  • Associations and Industry Bodies: International Organization for Standardization (ISO), American Petroleum Institute (API), and others.