Double Suction Pump Market: Global Size, Share, Trends, Growth and Forecast 2022-2032
Double Suction Pump Market: Overview and Definition
The global double suction pump market is expected to grow from USD 20.9 billion in 2021 to USD 34.5 billion by 2032, at a CAGR of 4.7% during the forecast period 2022-2032. The double suction pump market is a segment of the overall pump industry that includes pumps designed to draw fluid from both sides of the impeller, rather than just one. These pumps are commonly used in applications that require high flow rates and low fluid velocity, such as water supply, irrigation, HVAC, and chemical processing. The market for double suction pumps is expected to grow in the coming years, driven by increasing demand for energy-efficient and environmentally-friendly pump solutions.
A centrifugal pump can be defined as a device that is used to transfer liquids from one end to another. It is also called as suction pump. It works on the principal of centrifugal force. Energy provided by prime movers, such as steam turbine, electric motor, gasoline engine is converted into energy within the liquid that is being pumped. Pumps are used in a wide range of domestic and industrial applications such as aquarium filtering, pumping water from wells, pond filtering and aeration, in automobile industry pumps are used for fuel injection and water-cooling, in power and energy industry they are used to pump oil and natural gas, and for operating components of heating, ventilation and air conditioning systems. In the design of a pump, when the casing of the pump contains one revolving impeller, it is called single-stage pump. When there are two revolving impellers in the casing the pump structure is called a double stage pump.
Usually in a double suction pump, the flow rate is distributed over impellers that are arranged on pump shaft while the head remains constant. This arrangement of back-to-back impellers helps in balancing the axial thrust. Due to this advantage double suction pumps are compact in design. Double suction pumps are mainly used when the requirement of flow rate for a pump is exceptionally large for one impeller. They are also used when the velocity of the flow in the inlet cross-section of the first impeller needs to be reduced to prevent cavitation.
There are several advantages of a double suction pump over single suction pump. One double suction pump is as good as two same diameter end-suction pumps that is why its flow quantity can be easily doubled by using the same diameter impeller. Moreover, the horizontal split structure of double suction pump shell makes it easier for inspection and maintenance. Entry end and exit end of a double suction pump is in the same direction, perpendicular to the pump shaft, making it helpful for installing pumps and water pipes. Due to its added advantages over single pumps, double suction pumps are widely used in power stations, drainage and irrigation of farmland, firefighting, pump stations, waterworks, shipping, chemical industry, and mining industry.
Double Suction Pump Market: Key Drivers
The double suction pump market is driven by various factors, including:
- Increasing demand for high flow rate pumps in various industries such as water supply, irrigation, and HVAC.
- Growing adoption of energy-efficient and eco-friendly pump solutions, as double suction pumps can operate at high efficiencies and with lower power consumption.
- Expansion of industrial infrastructure and construction activities, particularly in emerging economies, which is driving demand for pumps in various applications.
- Technological advancements in pump design and materials, which is improving the performance and reliability of double suction pumps.
- Increasing investment in the water and wastewater treatment sector, which is creating opportunities for the adoption of double suction pumps in this field.
The double suction pump market offers promising growth opportunities owing to rapid industrialization and escalating demand for suction pumps from various industry verticals. Rise in industrialization is mainly attributed to growing population and with this, the demand for pure water for various domestic, industrial, and agricultural applications has also increased since last few years. Water pollution is the problem for the global environment, but this factor is expected to offer the pump manufacturers lucrative opportunities. Owing to the growing water pollution levels, the investments in wastewater treatment are also increasing. Government bodies and many private companies as well as NGOs are involved in water pollution prevention programs and campaigns. Due to various authorities' involvement in water cleaning, a significant increase is seen in wastewater treatment plants. Owing to this demand for double suction pumps is also increasing from the wastewater treatment industry. In addition to the water treatment industry, in regions affected by scarcity of portable water, the number of desalination plants is continuously increasing for brackish water treatment. Increase in the number of desalination plants is boosting the growth of double suction pump market.
On a larger scale, double suction pumps are used in electricity generation process. Electricity is generated through hydro power plants all over the world, and double suction pumps are important parts in such huge hydro power plants. With rising electricity demand, demand for electricity production will also increase, and it will lead to the increase in the demand for double suction pumps, which is an opportunity for the market to grow in underdeveloped and developed countries. Advancements in agricultural techniques also promise prominent growth opportunities for the market. The high yield of agricultural production is rising and indirectly increases the demand for double suction pumps in irrigation and agriculture purposes. Established market players are focusing on reducing power consumption and at the same time increasing the efficiency of pumps.
Double Suction Pump Market: Challenges
The double suction pump market also faces some challenges, including:
- Intense competition from other types of pumps, such as end-suction and vertical pumps, which can be suitable alternatives for some applications.
- High initial costs of double suction pumps compared to other types of pumps, which may deter some customers from choosing these pumps.
- Maintenance and repair requirements of double suction pumps can be complex and costly, which may require specialized skills and knowledge.
- Dependence on the global economy, as the double suction pump market is highly affected by fluctuations in economic conditions.
- Stringent regulatory standards related to energy efficiency, environmental protection, and safety, which can increase the design and production costs of double suction pumps.
Double Suction Pump Market: Segmentation
The double suction pump market can be segmented on various factors such as:
Product type: Horizontal, vertical, and angled double suction pumps.
End-use industry: Water supply and treatment, irrigation, HVAC, chemical processing, oil and gas, power generation, and others.
Capacity: Low, medium, and high capacity double suction pumps.
Design: Single-stage and multi-stage double suction pumps.
Sales channel: Direct sales, distributors, and online sales.
Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
To analysis, the global double suction pump market is segmented on the basis of product type, end use application, material type, and region. Based on product type the market is further sub segmented into horizontal split double suction pump, and vertical split double suction pump. Based on end use application, the market is divided into power generation, wastewater management, irrigation, water supply, marine, and industrial. The market bifurcated into horizontal split double suction pump and vertical split double suction pump on the material type basis.
Double Suction Pump Market : Report Scope
Base Year Market Size
Forecast Year Market Size
Double Suction Pump Market: Regional Synopsis
The double suction pump market has a global presence, with significant demand from various regions such as:
Asia-Pacific: This region is a prominent market for double suction pumps, with increasing demand from countries such as China and India due to growing industrialization and urbanization. The demand for double suction pumps is also driven by the construction of new infrastructure and the expansion of existing facilities.
North America: The North American market for double suction pumps is primarily driven by the water and wastewater treatment industry, oil and gas industry, and power generation sector. The demand for energy-efficient pumps is also driving the adoption of double suction pumps in this region.
Europe: The European market for double suction pumps is driven by the construction industry, water and wastewater treatment industry, and chemical processing sector.
Latin America: The Latin American market for double suction pumps is primarily driven by the mining and oil and gas industries, as well as water and wastewater treatment.
Middle East and Africa: The Middle East and Africa market for double suction pumps is driven by the oil and gas industry, water supply and treatment, and power generation sector.
In the Asia-Pacific region, the double suction pump market is boosted by increased industrial activities. Moreover, with the rapidly growing population in the region, pure water is growing; hence, demand for double suction pumps from the water supply industry is growing in the Asia Pacific region.
Double Suction Pump Market: Recent Developments
Some recent developments in the double suction pump market include:
Adoption of digital technologies: Pump manufacturers are adopting digital technologies such as sensors, IoT, and data analytics to enhance the performance and reliability of double suction pumps.
Introduction of energy-efficient pumps: Pump manufacturers are developing energy-efficient double suction pumps that can help customers to reduce their energy consumption and operational costs.
Expansion of product portfolios: Pump manufacturers are expanding their product portfolios by introducing new pump models and improving the performance of existing models to meet the evolving customer demands.
Increasing focus on sustainability: Pump manufacturers are increasingly focusing on sustainability by developing eco-friendly and low-maintenance pump solutions that can help customers to reduce their environmental footprint.
Strategic partnerships and collaborations: Pump manufacturers are forming strategic partnerships and collaborations with other companies to expand their market presence, develop new products, and enhance their technological capabilities.
Double Suction Pump Market: Key Players
- Modo Pump Co
- Shanghai Pacific Pump Manufacture
- Hunan Credo Pump
- Sulzer Ltd
- Goulds Pumps
- Sintech Pumps
- Buffalo Pumps
- Xylem Inc