The market size for glandless impeller pumps in heating systems and warm water supply in the Czech Republic reached 21.897 million Euros in 2023. Over the past decade, the market showed fluctuations with significant growth in 2016 and 2020, contrasted by notable declines in 2015, 2018, and 2019. In recent years, the market saw moderate growth with a year-on-year increase of 1.89% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years was 1.48%, indicating a modest recovery phase.
Future trends to watch for include:
- Technological advancements in energy-efficient designs could drive demand.
- Government regulations on energy consumption may increase the uptake of these pumps.
- Market expansion initiatives aimed at sustainable urban development projects.
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 779,760,000 | 2023 | +2.77% | +4.1% | View data |
| 2 | 2 Italy | 113,100,000 | 2023 | -9.76% | -9.54% | View data |
| 3 | 3 United Kingdom | 69,740,000 | 2023 | -0.51% | -1.06% | View data |
| 4 | 4 Poland | 53,312,000 | 2023 | -0.93% | -2% | View data |
| 5 | 5 Spain | 30,808,000 | 2023 | +2.87% | +3.45% | View data |
| 6 | 6 Sweden | 30,280,000 | 2023 | +0.42% | +0.3% | View data |
| 7 | 7 Romania | 23,162,000 | 2023 | +4.13% | +3.57% | View data |
| 8 | 8 Czech Republic | 21,897,000 | 2023 | +1.89% | +1.48% | |
| 9 | 9 Bulgaria | 3,247,700 | 2023 | +2.09% | +3.5% | View data |
