The global Booster Pump Market size witnessed significant growth in 2020 and is expected to register a rapid revenue CAGR during the forecast period. This growth is attributed to factors such as rapid industrialization and urbanization, increasing demand for effective pumping systems, and rising water consumption through a single source. However, factors such as high initial investments and the possibility of manufacturing defects in booster pumps may impede the market growth. The global booster pump market is segmented into single-stage pumps and multistage pumps based on product type, with the multistage segment projected to expand at the fastest revenue CAGR throughout the forecast period. Based on application, the commercial segment is expected to account for a significantly large revenue share over the forecast period, owing to increasing investments in building and construction and the growing need to boost water pressure in various sectors. North America is expected to account for the largest revenue share in the global market, followed by Asia Pacific, due to technological advancements in pumping techniques and increasing investments in research and development activities.

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Top Lading Players: Xylem, KARCHER, Pentair, FRANKLIN Electric, Grundfos, Davey, EDDY Pump, SyncroFlo Wilo, CNP, DAB PUMPS, Aquatec, and ZODIAC 

Segments covered in the report:

Product Outlook (Revenue, USD Billion; 2018 – 2028)

• Single Stage
• Multiple Stage

Application Outlook (Revenue, USD Billion; 2018 – 2028)

• Agriculture 
• Commercial 
• Household 
• Others

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Regional Outlook:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

• What are the dominating factors that are influencing the growth of the industry?
• In the forecast period, which market segment is expected to rise the most?
• What are the risks and challenges that the industry is facing?
• In the coming years, which area is projected to dominate the market?
• Who are the major players in the market?
• What kind of strategic business plans have they made?

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