Global Hot Water Circulating Pump Market By Pump Design Forecast (2015-2023)

Year CLOSE-COUPLED FLEX-COUPLED IN-LINE
2015 $ 7973.6 $ 5815.8 $ 4782.9
2016 $ 8193.1 $ 5940.0 $ 4880.9
2017 $ 8422.4 $ 6069.4 $ 4983.1
2018 $ 8676.4 $ 6214.9 $ 5098.3
2019 $ 8955.5 $ 6376.3 $ 5226.3
2020 $ 9251.5 $ 6547.6 $ 5362.2
2021 $ 9599.4 $ 6753.1 $ 5525.9
2022 $ 9961.9 $ 6966.1 $ 5695.4
2023 $ 10339.5 $ 7187.0 $ 5871.1
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Global Hot Water Circulating Pump Market By Pump Design Forecast (2015-2023)

Synopsis
The above chart is Global Hot Water Circulating Pump market [2015-2023] by Pump Design

Market Dynamics

Close coupled segment accounted for the largest market share in the hot water circulating pump market, and is expected to reach usd 10339.50 million in 2023 from usd 8193.10 million in 2016. however, close coupled segment is the fastest growing market, which is expected to grow at a cagr of 3.48% during the forecast period 2017 - 2023.

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