The global canned motor pumps market is projected to reach USD 2.27 billion by 2030, up from USD 1.59 billion in 2024, registering a CAGR of 6.2% over the forecast period. The push for leak-proof and maintenance-free pumping solutions is driving demand for canned motor pumps, especially in hazardous and high-purity applications. Industries are choosing them for their safety, reliability, and long-term cost savings. Key global and regional players have created a strong footprint in the canned motor pumps market by developing diverse product portfolios derived from extensive experience.
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Major players in the canned motor pumps market include TEIKOKU ELECTRIC MFG. CO., LTD. (Japan), Nikkiso Co., Ltd. (Japan), HERMETIC-Pumpen GmbH (Germany), Kirloskar Brothers (India), and KSB SE & Co. KGaA (Germany). These global firms employ growth strategies, including long-term contracts, partnerships, agreements, and collaborations, to develop a stronger market position.
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. 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.
Market Ranking
The canned motor pumps market is very competitive, with a few large players making up a big share of the global market. TEIKOKU ELECTRIC MFG. CO., LTD. (Japan) stands out as a global leader. It is known for its strong engineering foundation and a broad portfolio of pumps designed for demanding, high-risk environments. Nikkiso Co., Ltd. (Japan) continues to grow its global presence, focusing on specialized cryogenic and chemical applications, enhanced by intelligent diagnostics and energy-saving technologies. HERMETIC-Pumpen GmbH (Germany) has earned a reputation for precision and reliability, making it a go-to name in sectors like nuclear energy, pharmaceuticals, and oil & gas. Kirloskar Brothers (India) brings solid regional strength, offering cost-effective solutions across infrastructure segments such as water treatment and power. KSB SE & Co. KGaA (Germany) combines performance with smart monitoring tools, helping industries run safer and more efficient operations. As industries increasingly prioritize safety, efficiency, and sustainability, these companies are rising to the challenge, investing in digital technologies, remote diagnostics, and advanced materials to meet evolving customer needs and regulatory standards.
Related Reports:
Canned Motor Pumps Market by Type (Standard Basic Pumps, Reverse Circulation Pumps, High Temperature Pumps, Self-Priming Pumps, Others), By End User (Chemical, Oil & Gas, Power, Refrigeration, Others), Capacity (Low, Medium, High), Installation Type (Vertical, Horizontal), Motor Type (Synchronous Motors, Induction Motors, Permanent Magnet Motors), Pump Design (Single-Stage, Multistage) and Region - Global Forecast to 2030
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