Global Commercial Booster Pumps Market is valued approximately USD $billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2028.

Booster pump is used to enhance water pressure and to improve the flow rate. A booster pumps features an impeller that spin around to increase air movement and increases water flow and pressure. Growing construction industry and rising adoption from industrial segments are key drivers for the growth of Commercial Booster Pumps market. For instance, according to Oxford Economics- Global construction output in 2020 was estimated at USD 10.7 trillion and it is expected to grow by 42% i.e., USD 4.5 trillion between 2020 and 2030 to reach USD 15.2 trillion. Asia Pacific will account for USD 2.5 trillion of growth in construction output between 2020 and 2030, witnessing growth rate of over 50% to become a USD 7.4 trillion market by 2030.

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Furthermore, in October 2021 WILO USA LLC, a subsidiary of WILO SE, has acquired booster pump system company Quantum Flo Inc. Moreover, in November 2021, Berringer, Denmark based world’s pump manufacturer Grundfos has completed the acquisition of US based Mechanical Equipment Company Inc (MECO). MECO has expertise within water treatment and industrial water purification solutions. Also, with the increasing industrial automation and growing water treatment industry in emerging economies, the adoption & demand for Commercial Booster Pumps is likely to increase the market growth during the forecast period. However, high installation and maintenance cost of Commercial Booster Pumps and challenges in supply chain due to pandemic impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Commercial Booster Pumps market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing trend of green building construction in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing construction sector and increasing demand from agriculture and irrigation sector in the region would create lucrative growth prospects for the Commercial Booster Pumps market across Asia-Pacific region.

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Major market player included in this report are:

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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