The Europe magnetic drive pumps market is expected to grow from US$ 256.65 million in 2021 to US$ 444.20 million by 2028; it is estimated to register a CAGR of 8.2% from 2021 to 2028.
Magnetic drive pumps are generally more expensive than mechanical seal pumps. However, the maintenance costs of these pumps are very low, and end users consider long-term financial advantages when choosing the pump. The primary reason for reduced maintenance is the relatively simple design. Moreover, when utilized for normal operations, it is seen that the magnetic drive pumps function for ten years or longer before requiring any repair that are usually inexpensive. Magnetic drive pumps are manufactured to be driven by the force of magnets. Hence, these pumps do not have any shaft coming out of the pump casing, and there is no requirement for shaft sealing devices such as mechanical seals and gland packing. Since the magnetic drive pumps are sealless, the wear and tear risks are very low. This decreases the cost and time of maintenance incurred by the user. Moreover, the elimination of seals gets rid of associated friction loss. No further monitoring of the magnetic coupling is required after the pumped liquid helps lubricate and cool the magnet drive. Thus, low maintenance of the product is one of the key drivers contributing to the growth of the magnetic drive pumps market across various applications such as water treatment, chemical processing, food processing, and oil & gas exploration.
With the new features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the Europe magnetic drive pumps market. The Europe magnetic drive pumps market is expected to grow at a substantial CAGR during the forecast period.
Europe Magnetic Drive Pumps Market Revenue and Forecast to 2028 (US$ Million)
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Europe Magnetic Drive Pumps Market Segmentation
TheEurope magnetic drive pumps market is segmented based on flow rate, material, application, pump type, and country.Based on flow rate,theEurope magnetic drive pumps market is segmented into upto 80 m3/hr, 81–200 m3/hr, 201–500 m3/hr, and above 500 m3/hr.Theupto80 m3/hr segment dominated the market in 2020. Based on material, Europemagnetic drive pumps market is segmented into polypropylene, polyvinylidene fluoride, stainless steel, nickel alloys, PFA, and ETFE. The stainless steel segment led the market in 2020. Based on application, the Europemagnetic drive pumps market is segmented into chemical processing, water treatment, surface treatment, food processing, oil & gas, and renewable energies. The chemical processing segment dominated the market in 2020. Based on pump type, the Europemagnetic drive pumps market is segmented into side channel pumps, centrifugal pumps, and others. The centrifugal pumps segment led the market in 2020. Based on country, the Europemagnetic drive pumps market is segmented into France, Germany, Italy, the UK, Russia, Poland, Bulgaria, Sweden, Turkey, Denmark, Hungary, Romania, and the Rest of Europe. The Germany segment dominated the market in 2020.
CDR Pumps; CP Pumpen AG; Dickow Pump Company; Finish Thompson Inc.; Flowserve Corporation; HERMETIC-Pumpen GmbH; ITT Goulds Pumps; IWAKI CO., LTD.; Klaus Union; KSB SE & Co. KGaA; Optimex; Sulzer Ltd; and Sundyne are among the leading companies in the Europe magnetic drive pumps market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Magnetic Drive Pumps Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Magnetic Drive Pumps Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Expansion of Food & Beverages Processing Sector Across the Europe
5.1.2 Less Maintenance Requirement of Magnetic Drive Pumps
5.2 Market Restraints
5.2.1 Limited Solid Handling Capabilities
5.3 Market Opportunities
5.3.1 Increasing Production of Biodiesel Across the Europe
5.4 Future Trends
5.4.1 Increasing Adoption of Green Technologies for Industrial Applications
5.5 Impact Analysis of Drivers and Restraints
6. Magnetic Drive Pumps – Europe Market Analysis
6.1 Magnetic Drive Pumps Market Europe Overview
6.2 Europe Magnetic Drive Pumps Market Revenue Forecast and Analysis
7. Europe Magnetic Drive Pumps Market Analysis – By Flow Rate
7.1 Overview
7.2 Europe Magnetic Drive Pumps Market, By Flow Rate (2020 and 2028)
7.3 Upto 80 m3/hr
7.4 – 200 m3/hr
7.5 - 500 m3/hr
7.6 Above 500 m3/hr
8. Europe Magnetic Drive Pumps Market Analysis – By Material
8.1 Overview
8.2 Europe Magnetic Drive Pumps Market, By Material (2020 and 2028)
8.3 Polypropylene
8.3.1 Overview
8.3.2 Polypropylene: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
8.4 Polyvinylidene Fluoride
8.4.1 Overview
8.4.2 Polyvinylidene Fluoride: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
8.5 Stainless Steel
8.5.1 Overview
8.5.2 Stainless Steel: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
8.6 Nickel Alloys
8.6.1 Overview
8.6.2 Nickel Alloys: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
8.7 PFA
8.7.1 Overview
8.7.2 PFA: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
8.8 ETFE
8.8.1 Overview
8.8.2 ETFE: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
9. Europe Magnetic Drive Pumps Market Analysis – By Application
9.1 Overview
9.2 Europe Magnetic Drive Pumps Market, By Application (2020 and 2028)
9.3 Chemical Processing
9.3.1 Overview
9.3.2 Chemical Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
9.4 Water Treatment
9.4.1 Overview
9.4.2 Water Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
9.5 Surface Treatment
9.5.1 Overview
9.5.2 Surface Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
9.6 Food Processing
9.6.1 Overview
9.6.2 Food Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
9.7 Oil & Gas
9.7.1 Overview
9.7.2 Oil & Gas: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
9.8 Renewable Energies
9.8.1 Overview
9.8.2 Renewable Energies: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
10. Europe Magnetic Drive Pumps Market Analysis – By Pump Type
10.1 Overview
10.2 Europe Magnetic Drive Pumps Market, By Pump Type (2020 and 2028)
10.3 Side Channel Pump
10.3.1 Overview
10.3.2 Side Channel Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
10.4 Centrifugal Pump
10.4.1 Overview
10.4.2 Centrifugal Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
10.5 Others
10.5.1 Overview
10.5.2 Others: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
11. Europe Magnetic Drive Pumps Market – Country Analysis
11.1 Overview
11.1.1 Europe: Magnetic Drive Pumps Market Breakdown, by Country
11.1.1.1 France: Magnetic Drive Pumps Market – Revenue and Forecast to 2028
11.1.1.1.1 France: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.1.2 France: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.1.3 France: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.1.4 France: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.2 Germany: Magnetic Drive Pumps Market – Revenue and Forecast to 2028
11.1.1.2.1 Germany: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.2.2 Germany: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.2.3 Germany: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.2.4 Germany: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.3 Italy: Magnetic Drive Pumps Market – Revenue and Forecast to 2028
11.1.1.3.1 Italy: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.3.2 Italy: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.3.3 Italy: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.3.4 Italy: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.4 UK: Magnetic Drive Pumps Market – Revenue and Forecast to 2028
11.1.1.4.1 UK: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.4.2 UK: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.4.3 UK: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.4.4 UK: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.5 Russia: Magnetic Drive Pumps Market – Revenue and Forecast to 2028
11.1.1.5.1 Russia: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.5.2 Russia: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.5.3 Russia: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.5.4 Russia: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.6 Poland: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Poland: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.6.2 Poland: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.6.3 Poland: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.6.4 Poland: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.7 Bulgaria: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.7.1 Bulgaria: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.7.2 Bulgaria: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.7.3 Bulgaria: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.7.4 Bulgaria: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.8 Sweden: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.8.1 Sweden: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.8.2 Sweden: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.8.3 Sweden: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.8.4 Sweden: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.9 Turkey: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.9.1 Turkey: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.9.2 Turkey: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.9.3 Turkey: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.9.4 Turkey: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.10 Denmark: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.10.1 Denmark: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.10.2 Denmark: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.10.3 Denmark: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.10.4 Denmark: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.11 Hungary: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.11.1 Hungary: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.11.2 Hungary: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.11.3 Hungary: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.11.4 Hungary: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.12 Romania: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.12.1 Romania: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.12.2 Romania: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.12.3 Romania: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.12.4 Romania: Magnetic Drive Pumps Market Breakdown, by Pump Type
11.1.1.13 Rest of Europe: Magnetic Drive Pumps Market – Revenue and Forecast to 2028
11.1.1.13.1 Rest of Europe: Magnetic Drive Pumps Market Breakdown, by Flow Rate
11.1.1.13.2 Rest of Europe: Magnetic Drive Pumps Market Breakdown, by Material
11.1.1.13.3 Rest of Europe: Magnetic Drive Pumps Market Breakdown, by Application
11.1.1.13.4 Rest of Europe: Magnetic Drive Pumps Market Breakdown, by Pump Type
12. Industry Landscape
12.1 Market Initiative
12.2 New Development
13. Company Profiles
13.1 Flowserve Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Sulzer Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 KSB SE & Co. KGaA
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Sundyne
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Klaus Union
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Dickow Pump Company
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 ITT Goulds Pumps
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Finish Thompson Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 CDR Pumps
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 OPTIMEX
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 HERMETIC-Pumpen GmbH
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 CP Pumpen AG
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 IWAKI CO., LTD.
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Magnetic Drive Pumps Market: Revenue and Forecasts to 2028 (US$ Mn)
Table 2. Europe: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Country (US$ Million)
Table 3. France: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 4. France: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 5. France: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 6. France: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 7. Germany: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 8. Germany: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 9. Germany: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 10. Germany: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 11. Italy: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 12. Italy: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 13. Italy: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 14. Italy: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 15. UK: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 16. UK: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 17. UK: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 18. UK: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 19. Russia: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 20. Russia: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 21. Russia: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 22. Russia: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 23. Poland: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 24. Poland: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 25. Poland: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 26. Poland: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 27. Bulgaria: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 28. Bulgaria: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 29. Bulgaria: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 30. Bulgaria: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 31. Sweden: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 32. Sweden: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 33. Sweden: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 34. Sweden: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 35. Turkey: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 36. Turkey: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 37. Turkey: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 38. Turkey: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 39. Denmark: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 40. Denmark: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 41. Denmark: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 42. Denmark: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 43. Hungary: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 44. Hungary: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 45. Hungary: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 46. Hungary: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 47. Romania: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 48. Romania: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 49. Romania: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 50. Romania: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 51. Rest of Europe: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Flow Rate (US$ Million)
Table 52. Rest of Europe: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Material (US$ Million)
Table 53. Rest of Europe: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Application (US$ Million)
Table 54. Rest of Europe: Magnetic Drive Pumps Market Revenue and Forecast to 2028 – By Pump Type (US$ Million)
Table 55. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Magnetic Drive Pumps Market Segmentation
Figure 2. Europe Magnetic Drive Pumps Market Segmentation – By Country
Figure 3. Europe Magnetic Drive Pumps Market Overview
Figure 4. Europe Magnetic Drive Pumps Market, by Material
Figure 5. Europe Magnetic Drive Pumps Market, by Application
Figure 6. Europe Magnetic Drive Pumps Market, by Pump Type
Figure 7. Europe Magnetic Drive Pumps Market, by Country
Figure 8. PEST Analysis– Europe
Figure 9. Ecosystem Analysis – Europe Magnetic Drive Pumps Market
Figure 10. Expert Opinion
Figure 11. Europe Magnetic Drive Pumps Market: Impact Analysis of Drivers and Restraints
Figure 12. Europe Magnetic Drive Pumps Market Revenue Forecast and Analysis (US$ Million)
Figure 13. Europe Magnetic Drive Pumps Market Revenue Share, by Flow Rate (2020 and 2028)
Figure 14. Europe Upto 80 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 15. Europe 81 – 200 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Europe 201 - 500 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 17. Europe Above 500 m3/hr: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 18. Europe Magnetic Drive Pumps Market Revenue Share, by Material (2020 and 2028)
Figure 19. Europe Polypropylene: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 20. Europe Polyvinylidene Fluoride: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 21. Europe Stainless Steel: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Europe Nickel Alloys: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 23. Europe PFA: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Europe ETFE: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Europe Magnetic Drive Pumps Market Revenue Share, by Application (2020 and 2028)
Figure 26. Europe Chemical Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Europe Water Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Europe Surface Treatment: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 29. Europe Food Processing: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 30. Europe Oil & Gas: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 31. Europe Renewable Energies: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 32. Europe Magnetic Drive Pumps Market Revenue Share, by Pump Type (2020 and 2028)
Figure 33. Europe Side Channel Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 34. Europe Centrifugal Pump: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 35. Europe Others: Magnetic Drive Pumps Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 36. Europe: Magnetic Drive Pumps Market, by Key Country – Revenue(2020) (US$ Million)
Figure 37. Europe: Magnetic Drive Pumps Market Breakdown, by Country, 2020 & 2028 (%)
Figure 38. France: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Germany: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Italy: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. UK: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Russia: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. Poland: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 44. Bulgaria: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. Sweden: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Turkey: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Denmark: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Hungary: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Romania: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe: Magnetic Drive Pumps Market – Revenue and Forecast to 2028 (US$ Million)
- CDR Pumps
- CP Pumpen AG
- Dickow Pump Company
- Finish Thompson Inc.
- Flowserve Corporation
- HERMETIC-Pumpen GmbH
- ITT Goulds Pumps
- IWAKI CO., LTD.
- Klaus Union
- KSB SE & Co. KGaA
- OPTIMEX
- Sulzer Ltd
- Sundyne
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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