Global Canned Motor Pumps Market Future Scope, Demands and Projected Industry Growths to 2023

MarketStudyReport.com adds a new 2018-2023 Global Canned Motor Pumps Consumption Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

This report studies the global Canned Motor Pumps Market status and forecast, categorizes the global Canned Motor Pumps market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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Canned motor pump is a kind of sealless pumps. Canned Motor Pump is a centrifugal pump with hermetically sealed electric motor mounted on single shaft thus eliminating the requirement of mechanical seal or other sealing device. Entire rotating assembly is immersed in the liquid, and motor stator and rotor are isolated from the pumped liquid with corrosion resistant, non-magnetic liner and sleeve. A part of the pumped liquid is by-passed through the motor, for cooling of motor and lubricating the bearing.

Canned motor pumps are characterized by their compact and integrated design, with the motor and pump forming a single unit with the rotor and impeller fitted on to a common shaft. The rotor is guided by two slide bearings and the drive motor stator is separated from the rotor using a cylindrical metal can. The rotor compartment, together with the hydraulic section of the pump, is filled with the pumped medium during operation. The heat loss from the motor is carried off by a partial flow between the motor and stator, and the flow also lubricates both slide bearings in the rotor compartment. The can, which is a hermetically sealed component, and the motor casing offer primary and secondary containment, respectively. It is this double containment design, together with the compactness and low noise level, and differentiates the canned motor pump from the magnetically coupled pump. The design makes canned motor pump 100% leak-free. Even in the unlikely event of a stator lime rupturing there is no leakage to the atmosphere. These factors make the canned motor pump ideally suited to the safe handling of hazardous and volatile organic compounds, particularly where high temperatures and high working pressures are encountered.

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The canned motor pump industry is highly concentrated, which is due to the high barriers, including technical barriers and supply chain barriers. Also, since the gross profit in pump industry is quite easy to calculate, manufacturers found it hard to lift price unless product quality has been lift to a large extent. The major manufacturers in this industry are Teikoku, Nikkiso, Kirloskar Brothers, HERMETIC-Pumpen, Dynamic Pumps, OPTIMEX, Shinhoo, Zhejiang Dayuan, Shanghai East Pump, Dalian Huanyou, Chemmp, Shigme, Hayward Tyler, Curtiss-Wright, Harbin Electric Corporation.

Standard basic pumps are the largest type of canned motor pumps, which accounted for 36.79% in 2015. Other major types include high temperature pumps, reverse circulation pumps, pumps for liquid with high melting point, etc.

The major applications of canned motor pump are chemical industry, oil & gas, nuclear energy industry, HVAC Industry The largest consumption area in terms of volume is HVAC industry, which accounted for 49.39 % of world canned motor pumps consumption.

Over the next five years, Canned Motor Pumps will register a 7.9% CAGR in terms of revenue, reach US$ 3390 million by 2023, from US$ 2150 million in 2017.

Segmentation by product type:

Standard Basic Pumps, High Temperature Pumps, Reverse Circulation Pumps, Pumps for Liquid with High Melting Point, Multistage Pumps, Others.

Segmentation by application:

Chemical Industry, Oil & Gas, Nuclear Energy Industry, HVAC Industry, Others.

Research objectives

To study and analyze the global Canned Motor Pumps consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Canned Motor Pumps market by identifying its various subsegments.

Focuses on the key global Canned Motor Pumps manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Canned Motor Pumps with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Canned Motor Pumps submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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Posted by on Friday September 14 2018, 2:16 PM EST. All trademarks acknowledged. Filed under Business Services, Clean Energy, Energy & Natural Resources, Featured Press Release, Power, Technology Hardware & Equipment. Comments and Trackbacks closed. Follow responses: RSS 2.0

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