Find Out Why Hot Water Recirculation Pumps Market Is Thriving Worldwide

Big Market Research added a report on “Global Hot Water Recirculation Pumps Market 2017-2021”

About Hot Water Recirculation Pumps Market

A hot water recirculation pump is a specific type of pump that continuously circulates water back to the heating unit. The flow is controlled by a circulating valve. The water being circulated is maintained at a set temperature so that the user does not have to wait for the cold water to run out before receiving the desired hot water. It is an energy-efficient technology, which is adopted by the facility owners in the residential, commercial, and industrial sectors to reduce energy consumption.

Technavio’s analysts forecast the global hot water recirculation pumps market to grow at a CAGR of 8.57% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hot water recirculation pumps market for 2017-2021. To calculate the market size, the report considers new installations, retrofits, replacements, and aftermarket services.

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The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Hot Water Recirculation Pumps Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Danfoss

Grundfos

NIBE

Taco Comfort Solutions

Xylem

Other prominent vendors

Advanced Conservation Technology

Airwell

Anderson-Barrows

Armstrong

CIAT

Daikin

Hitachi Appliances

KLIMATEHNIK

MISOL

Mitsubishi Electric

Sanden Corporation

SIRAC

TOSHIBA

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Market driver

Increasing implementation of regional codes and standards

For a full, detailed list, view our report

Market challenge

Corrosion of piping systems

For a full, detailed list, view our report

Market trend

Increasing integration of smart homes with IoT

For a full, detailed list, view our report

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