About Miniature Pumps
Miniature Pump only needs to pump water or solution, it must be self-priming, and it has requirements for flow rate and output pressure. Diaphragm pumps are one of the more representative types of miniature pumps, mainly air, liquid, and vacuum pumps. They are suited for applications ranging from portable battery powered devices, such as air sampling, to laboratory and medical instrumentation.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 17.4% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. Technology Upgradation is the key attracting huge investments of Industry Players.The Manufacturers having a strong hold in the market are ParkHannifin and Schwarzer Precision. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
PARKER (United States), Boxer GmbH (Germany), Schwarzer Precision (Germany), First Sensor (Germany), KNF Global Strategies (Switzerland), Takasago Electric (Japan), ACI Medical (United States), TCS Micropumps (United Kingdom), Burkert USA Corporation (United States) and Clark Solutions (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Xavitech (United States), Aspen Pumps (United Kingdom) and Brinkmann Pumps (United States).
Segmentation Overview
AMA Research has segmented the market of Global Miniature Pumps market by Type (Pressure and Vacuum), Application (Medical Industry, Automobile Industry, Food & Beverages, Electronic Product, Printing & Packaging, Environmental Analysis, Industrial and Others) and Region.
On the basis of Type, Pressure are dominating the market in the year 2021On the basis of geography, the market of Miniature Pumps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Sweden, Switzerland, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. If we see Market by Flow Rate, the sub-segment i.e. 3 to 6 lpm will boost the Miniature Pumps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Channel, the sub-segment i.e. OEM will boost the Miniature Pumps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by System Type, the sub-segment i.e. Single will boost the Miniature Pumps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Upgraded Product Launches and Low Power Consumption Gains Customer Preference
Market Growth Drivers:
Increasing Rapid Urbanization And Industrialization, Easy to Control and Use, Suitable for Portable Or Mobililty Devices and Regular Usage of Double Diaphragm Pumps and Gas Pumps in Germany
Challenges:
Fierce Competitive Pressure
Restraints:
Lack of Trained Professionals
Opportunities:
Increasing Demand of Energy Efficient Miniature Pumps
Market Leaders and their expansionary development strategies
In September 2023, The National Renewable Energy Laboratory (NREL) has added a new capability to the REopt® web tool to help commercial building owners and energy managers more effectively evaluate the costs associated with geothermal heat pump (GHP) projects: the ability to integrate hybrid heat exchange with GHPs.
In October 2023, New Delhi: Kirloskar Brothers Limited (KBL), a pioneer in fluid management solutions, proudly announces the launch of its latest innovation, the ANIIKA-I and ANISA-I, I HP mini-series pumps. These state-of-the-art pumps mark a significant advancement in fluid handling technology, catering to the diverse needs of industries and households alike.
Key Target Audience
Miniature Pumps Manufactures, New Entrants and Investors, Miniature Pumps Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.