LATAM Domestic Booster Pump Market is expected to grow with the CAGR of 6.9% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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LATAM domestic booster pump market is a highly consolidated market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in LATAM domestic booster pump market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in March 2020, KSB SE & Co. KGaA had announced the launch of its new submersible borehole pump which is designed for pressure boosting applications, irrigation, water supply and groundwater management.
Franklin Electric is the dominating player in LATAM domestic booster pump market. The other key players existing in the market includes KSB SE & Co. KGaA, Xylem, Alfred Kärcher SE & Co. KG, WILO SE, EDDY Pump, DP-Pumps, Watts, ESPA 2025, SL, Torontech Inc., CSF Inox S.p.A., Zoeller company, Falcon Pumps Pvt. Ltd., WALRUS PUMP Co., Ltd., Fluxtek, among others.
Franklin Electric
Franklin Electric is headquartered in Indiana, U.S. and was founded in 1944. The company specializes in providing products, services and solutions for water & fuel. The company operates in water systems, fueling systems and distribution segments and among which water systems is market focused segment. The company offers product categories which are water systems and energy systems out of water systems is market focused category.
- In June 2020, the company announced a launch of a new product named WT-A533, as UHF RFID linen tags and WT-A522L, a semi-transparent fashion tag. These tags are launches for apparels and accessories. These tags are washable and are made of transparent material and this has increased the product portfolio of the company.
The company has wide presence across Europe, Asia-Pacific, North America, Latin America, Middle East & Africa and generates revenue from subsidiaries such as Headwater Companies LLC (U.S.), Franklin Electric International Inc. (U.S.), Advanced Polymer Technology, Inc. (U.S.), among others.
KSB SE & Co. KGaA
KSB SE & Co. KGaA is founded in 1871 headquartered in Frankenthal, Germany. The company manufactures and sell pumps, valves and related systems for various applications such as power plant processes, industry and water transport to waste water treatment and building services. The company operates in pumps, valves and service out of which pumps is market focused segment. The company provides water, waste water, industry, energy, building services, mining, automation, service, spare parts, energy efficiency, training, additive manufacturing out of which building services is market focused product category.
- In March 2020, KSB SE & Co. KGaA announced the launch of its new UPA S 200 submersible borehole pump. The new pump is designed for pressure boosting applications, irrigation, water supply and groundwater management. The new product is composed of metal casing wear rings and offers low energy consumption. The new product will increase the product portfolio of the company.
The company has presence across Europe, Americas, Oceania, Middle East and Africa, Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as KAGEMA Industrieausrüstungen GmbH (Germany), KSB Pumps (S.A.) (Pty) Limited (South Africa), AMRI, Inc. (U.S.), KSB Finland Oy (Finland), KSB America Corporation (U.S.), among others.
Grundfos Holding A/S
Grundfos Holding A/S is headquartered in Bjerringbro, Denmark and was founded in year 1945. The company provides advanced pump solutions for both industrial and residential purposes. The company offers wide range of product categories such as buildings, industry and water in which buildings is market focused category.
- In December 2019, Grundfos Holding A/S announced the launch of SCALA2, a fully integrated water booster pump. This new product can be easily fitted to kitchen and offers prefect water pressure.
The company has wide presence across Europe, Asia-Pacific, North America, South America, Middle East & Africa and generates revenue from subsidiaries such as Sarlin Pumps (Finland), Grundfos Pumps NZ Ltd. (New Zealand), Grundfos DK A/S (Denmark), Grundfos Finance A/S/ (Denmark), among others.
