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Axial Flow Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A3823
Year End
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Market Overview:
The global axial flow pump market is expected to exhibit a growth rate (CAGR) of 3.3% during 2023-2028.
Axial flow pump is a positive displacement pump used for circulating water in power and chemical manufacturing plants. The pump is usually manufactured using materials, such as cast iron, plastic, aluminum, brass, bronze and ceramics and consists of a horizontal shaft, suction and discharge lines and concrete inlet and outlet canals. It increases the pressure causing an axial acceleration of liquid within the blades. The pumps are widely used for irrigation, sewage treatment, cooling water pumps and operating drainage systems. In comparison to the traditionally used centrifugal pumps, axial flow pumps offer improved flow rate in low-pressure applications with low aerodynamic losses. As a result, it finds extensive applications across various industries, including oil and gas, wastewater treatment, chemical and food and beverage.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, increasing demand for effective wastewater treatment solutions is providing a thrust to the market growth. The pumps are submerged into the water to draw untreated water into the suction bell and discharge it with minimal friction. Axial flow pumps are also widely used for on-shore and off-shore explorations of crude oil to meet the overseas logistics, domestic transportation and energy fuel requirements. In line with this, the pumps are also used for handling flammable, toxic and abrasive chemicals and fluids across automobile, construction and manufacturing industries, thereby contributing to the market growth. Other factors, including extensive infrastructural development, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global axial flow pump market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Miniwatt
- High Power
Breakup by Application:
- Domestic Water and Wastewater
- Petroleum
- Chemical
- Food and Beverage
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco, Ebara Corporation, Grundfos Pumps India Private Ltd, ITT Inc., KSB SE & Co. KGaA, Leo Group Co., Ltd., Pentair, Sanlian Pump Company, Shanghai East Pump (Group) Co. Ltd., Sulzer Ltd., The Weir Group PLC and Wilo SE.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Atlas Copco, Ebara Corporation, Grundfos Pumps India Private Ltd, ITT Inc., KSB SE & Co. KGaA, Leo Group Co., Ltd., Pentair, Sanlian Pump Company, Shanghai East Pump (Group) Co. Ltd., Sulzer Ltd., The Weir Group PLC and Wilo SE |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
We expect the global axial flow pump market to exhibit a CAGR of 3.3% during 2023-2028.
The rising demand for axial flow pumps across various industries, such as oil and gas, chemical, food and beverage, etc., for irrigation, sewage treatment, cooling water pumps, and operating drainage system, is primarily driving the global axial flow pump market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for axial flow pumps.
Based on the type, the global axial flow pump market has been segmented into miniwatt and high power, where high power currently holds the majority of the total market share.
Based on the application, the global axial flow pump market can be divided into domestic water and wastewater, petroleum, chemical, food and beverage, and others. Currently, food and beverage exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global axial flow pump market include Atlas Copco, Ebara Corporation, Grundfos Pumps India Private Ltd, ITT Inc., KSB SE & Co. KGaA, Leo Group Co., Ltd., Pentair, Sanlian Pump Company, Shanghai East Pump (Group) Co. Ltd., Sulzer Ltd., The Weir Group PLC, and Wilo SE.
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