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| Market size in 2024 | US$ 4.56 billion |
Forecast Market size by 2030 | US$ 6.23 billion |
|---|---|---|---|
| Growth Rate | CAGR of 5.3% | Number of Pages | 117 Pages |
The global Mono Block Pumps market size was valued at US$ 4.56 billion in 2024 and is projected to reach US$ 6.23 billion by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
The United States Mono Block Pumps market size was valued at US$ 892.4 million in 2024 and is projected to reach US$ 1.18 billion by 2030, at a CAGR of 4.8% during the forecast period 2024-2030.
Mono Block Pumps are single-piece centrifugal pumps where the pump and motor are combined into one unit, offering compact design, easy installation, and low maintenance for various fluid transfer applications.
The global Mono Block Pumps market is experiencing steady growth, driven by increasing demand in agriculture, water supply, and industrial sectors. In 2023, global production of mono block pumps reached approximately 15 million units, with Asia accounting for 55% of production. The agricultural sector remains the largest consumer, representing 40% of demand, followed by water supply at 30% and industrial applications at 20%. The market benefited from governmental initiatives to improve irrigation infrastructure in developing countries, leading to a 15% increase in agricultural pump demand in 2023. Technological advancements have focused on improving energy efficiency and reducing lifecycle costs, with new IE4 efficiency class motors offering 25% energy savings compared to standard models. The market is seeing strong growth in solar-powered mono block pumps, increasing at 18% annually, driven by off-grid agricultural needs and sustainability initiatives. In 2023, new water conservation policies led to a 30% increase in the adoption of high-efficiency pumps in municipal water supply systems. The industry faces challenges from rising raw material costs, but innovations in advanced materials and design optimization are helping to maintain competitive pricing. Emerging applications in smart water management systems are showing promise, with IoT-enabled mono block pumps for predictive maintenance growing at 22% CAGR, albeit from a small base of 3% market share. Looking ahead, the market is expected to benefit from urbanization trends and infrastructure development in emerging economies, with mono block pumps for urban water distribution projected to grow at 7% CAGR through 2030.
Report Overview
The mono block pumpis nothing but a mechanical device which contains motor as the prime mover of the pump. The pump and motor are coupled in the same housing without any link device between the two shafts.
This report provides a deep insight into the global Mono Block Pumps market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Mono Block Pumps Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Mono Block Pumps market in any manner.
Global Mono Block Pumps Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
CG Power and Industrial Solutions Limited
Usha International Ltd.
KSB Aktiengesellschaft
The Kirloskar Group
Falcon Pumps
Flotech Pumps
Havells India Ltd.
Kirloskar Brothers Limited.
Sigmafos
Market Segmentation (by Type)
25X25
40X40
50X50
65X65
75X75
Others
Market Segmentation (by Application)
Medical
Mining
Construction
Chemical
Food and Beverages
Agriculture
Oil and Gas
Geographic Segmentation
| Report Attributes | Report Details |
|---|---|
| Report Title | Global Mono Block Pumps Market Research Report 2024(Status and Outlook) |
| Market size in 2024 | US$ 4.56 billion |
| Forecast Market size by 2030 | US$ 6.23 billion |
| Growth Rate | CAGR of 5.3% |
| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year | 2023 |
| Forecast Year | 2031 |
| Number of Pages | 117 Pages |
| Customization Available | Yes, the report can be customized as per your need. |
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