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The condensate pump is a specific kind of pump utilised to pump the condensate or water produced in an, refrigeration, HVAC, steam system or condensing boiler furnace. From main turbine’s stages of low pressure and steam dump, this condenser liquifys the steam by passing the cooling system. Also, there is a another of type steam funcitioning condensate pump, that condensates without using electricity, with the handle capacity of condensation of around 3 kg of pressure per ton. The condensate pumps are electrical equipped centrifugal pumps. These condensate pumps are utilised in hydronic systems that cannot release the surplus condensate water through gravity feed. They are used to separate condensate water from HVAC systems which cannot be accomplished through gravity, and hence the water must be injected. In commercial application, the pumps & motors have higher horse power however, as home units are often small and therefore the pumps are rated at a fraction.
The condensate pump uses meter to provide accurate real-time calculations of recovered jackets & energy insulation while measuring the steam unit. Additionally, it also recovers the effciency of the system where condensate pump are used. These pumps helps in saving the signficant amount of energy & resources.
The market is highly fragmented with number of leading key players involved in the market as well as increase in the usage of commercial & industrial application. The growth of condensate pump market evolves the wide range of end-user application in commercial as well as industrial purpose & the rise of condensate pumps in the market owing to industrialization. Also, power generation & investment in water & infrastructure increases the condensate pump utilisation that are used to collect and remove excess condensate water to a suitable drain location. This covid-19 situation may boost the condensate pump market due to hygiene & cleanliness mainitainance in commercial & residential usage.
Key Market Driver -
• Rise in end-user application in commercial as well as industrial purpose. • Increase in usage in water & infrastructure, power generation
Key Market Restraint -
• Operational life are less, requires daily maintenance
Some prominent key players in the industry are: Little Giant, Grundfos, Hartell, Aspen Pumps Limited, Shipco Pumps, DiversiTech, Sauermann, Liberty, Pentair, Aspen Pump, Zoeller, Beckett, Crane Pumps & Systems, Hoffman Pump, Roth Pump Company, Wayne, Lcpumps, Armstrong International, Skidmore Pump, Movincool, Saniflo, Liebert, Arcat & others.
North America expected to exhibit substantial growth owing to the rise in industrial & commercial application. Additionally, the market players such as Little Giant, Shipco Pumps, DiversiTech and others are focusing more on offering industry-leading condensate pumps. For instances, Shipco pumps are offering wide range of products. Like, condensate return pumps, vacuum pumps & producers, pump & motor assemblies, deaerators, boiler feed pumps & surge tanks & others which are boosting the market & increasing the demand. Additionally, increase in the booming fracking activities & investments in biotechnology for wastewater treatment are also growing demand for condensate pumps in the United States. The demand in cooling systems & refrigerators is boosting to the growth of operated condensate pump. Also, the manufacturers being large or medium of condensate pump are increasingly involving themselves in product innovation & technological advancements in terms end user application.
Europe is anticipated to witness a strong growth, owing to the accelerated demand of these condensate pumps in restaurants & commercial application. Most of condensate pumps are placed in commercial and residential properties or utilised in restaurant applications. For example, Aspen Pumps Group, in U.K offers variety of pumps in their product range. Their products ranges in mini pumps, tank pumps, silent+ mini pumps, peristaltic pumps, supermarket pumps mostly used in industrial application. As mini-split applications begin to obtain acceptance, the Europe market may see growth over forecast period.
Furthermore, Asia Pacific being the developing region is projected to witness the significant growth in the forecast period. The major key factors that may boost the market are globalization, economic development, & rise in end-user application. That involves mini-split units, whole house humidifiers, boilers, condensing gas & refrigeration in the region. As this region predicted to register healthy growth, the large & medium manufacturers of condensate pump are experiencing the increase in complexity in geographies, customer expectation, product portfolio etc. as they rise in revenue, especially in India and China.
Middle East and Africa region is also expected to demonstrate the growth in coming years. As manufacturers are diverting to these regions, therefore there will be the solid growth in industrial application. Hence, newly planned projects across these countries may boost the market in forecast period.
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