The report focused on pumps used in HVAC Situations. There are several types of pumps used in HVAC heating & cooling systems, but the most common in use today is the centrifugal pump. The pumps' role is to provide sufficient pressure to move the fluid through the chiller and condenser water distribution system at the desired flow rate.
The global HVAC Pumps market was valued at US$ 3329.6 million in 2022 and is anticipated to reach US$ 4429.5 million by 2029, witnessing a CAGR of 4.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of HVAC pumps include Wilo, Grundfos, Bell & Gossett, CNP, Pentair, etc. The top five players hold a share about 61%. Asia-Pacific is the largest market, has a share about 52%, followed by
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