Canned Motor Pumps Market worth $2.27 billion by 2030 | MarketsandMarkets™
DELRAY BEACH, Fla., July 25, 2025 /PRNewswire/ -- The global Canned Motor Pumps Market is anticipated to grow from estimated USD 1.68 billion in 2025 to USD 2.27 billion by 2030, at a CAGR of 6.2% during the forecast period. The major drivers for the Canned Motor Pumps Market are the rapid industrialization and stringent safety and environmental regulations for industries. The rise in focus on safe handling of hazardous and toxic fluids and the growth of the oil & gas and chemical industries are creating opportunities for players in the market.
Browse in-depth TOC on "Canned Motor Pumps Market"
217 - Tables
65 - Figures
245 – Pages
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=60488074
By end user, the chemical segment is projected to be the largest contributor during the forecast period.
The chemical sector is estimated to lead the overall Canned Motor Pumps Market during the forecast period. The market in this segment is anticipated to be driven by industrialization and a growing emphasis on industrial safety. The need for strong and corrosion-resistant materials, growing emphasis on leak-free operation, and the need for low-maintenance, energy-efficient solutions that reduce downtime and operating costs while complying with changing environmental and regulatory standards are the other major factors propelling the growth of the Canned Motor Pumps Market in the chemical industry.
By motor type, the synchronous motors segment is projected to register the highest CAGR during the forecast period.
Synchronous motors run at a steady speed no matter the load because their rotor spins in sync with the stator's magnetic field. In canned motor pump applications, these motors are appreciated for their high efficiency, precise speed control, and strong power factor performance. They are increasingly used in energy-intensive and high-precision sectors, such as nuclear power plants, semiconductor manufacturing, cryogenic systems, and pharmaceutical processing, especially in Europe and North America. Although synchronous motors tend to be more expensive and complex compared to induction motors, their better energy efficiency and lower lifetime operating costs make them a smart choice for long-term performance.
"Europe is estimated to be the second-largest market for canned motor pumps during the forecast period."
In 2024, Europe had the second-largest share of the Canned Motor Pumps Market. The countries in this region include Germany, France, the UK, Italy, and the Rest of Europe. China is the biggest market in the region. The European canned motor pump (CMP) market is strong and well-established. It sees considerable demand from the chemical, nuclear, and petrochemical sectors. Europe's strict energy and emissions rules push manufacturers to innovate. Germany is the leader in the region, benefiting from its strong chemical and pharmaceutical industries. These industries need reliable, leak-proof solutions for handling dangerous and toxic fluids. Germany's focus on sustainability, along with adherence to the EU's Energy Efficiency Directive, drives the use of energy-efficient CMPs, especially those with synchronous and permanent magnet motors. Modernization is on the rise in Germany, the UK, France, and Italy. This is increasing the demand for pumps that offer precision, quality, and sustainable performance. As Europe continues to enforce strict environmental regulations and encourage technological advancements, its role as a key center for the development and growth of innovative pump technologies solidifies.
Key Market Players
HERMETIC-Pumpen GmbH (Germany), TEIKOKU ELECTRIC MFG. CO., LTD. (Japan), Nikkiso Co., Ltd . (Japan), Crispumps (Moldova), Kirloskar Brothers Limited (India), OPTIMEX (France), ChemmP ( Kaimipu Pump (Suzhou) Co., Ltd.) (China), MONIBA ANAND ELECTRICALS PVT. LTD . (India), ANHUI SHINHOO CANNED MOTOR PUMP CO., LTD . (China), Hayward Tyler Ltd. ( England), and HERMAG Pumps (Czech Republic) are some of the key players in the Canned Motor Pumps Market. The study includes an in-depth competitive analysis of these key players in the Canned Motor Pumps Market, with their company profiles, recent developments, and key market strategies.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=60488074
TEIKOKU ELECTRIC MFG. CO., LTD.
TEIKOKU ELECTRIC MFG. CO., LTD. is a leading manufacturer specializing in canned motor pumps and electronic components, with a strong reputation for advanced, leak-free technology. The company operates primarily under two business segments: the pump segment, which focuses on the design and manufacture of sealless, canned motor pumps, and the electronic components segment, which includes automotive electrical parts and industrial equipment substrates. TEIKOKU's products serve a wide range of industries, including petrochemical, nuclear power, electrical substations, fine chemicals, pharmaceutical, food industries, and transportation. The company's regional presence is extensive, with manufacturing, service, and sales facilities in Japan, China, and the US, and sales offices or subsidiaries in Germany, Taiwan, Singapore, South Korea, and India, supporting a worldwide customer base.
Nikkiso Co., Ltd.
Nikkiso Co., Ltd. is a leading manufacturer specializing in industrial pumps, precision equipment, and medical devices. The company operates mainly through three business segments: Industrial Business segment, Medical Business segment, and Aerospace Business segment. The Industrial Business segment encompasses the manufacture, sale, and maintenance of industrial pumps, including canned motor pumps, along with liquefied gas and industrial gas-related equipment, precision equipment, aerospace components, and deep ultraviolet LED products. Geographically, Nikkiso has a strong global footprint, with its operations, subsidiaries, and distribution networks spanning Asia, Europe, North America, and other regions worldwide.
For more information, Inquire Now!
Related Reports:
Get access to the latest updates on Canned Motor Pumps Companies and Canned Motor Pumps Industry
About MarketsandMarkets™:
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/canned-motor-pumps-market-worth-2-27-billion-by-2030--marketsandmarkets-302513788.html
SOURCE MarketsandMarkets