PUBLISHER: Grand View Research | PRODUCT CODE: 1376055
PUBLISHER: Grand View Research | PRODUCT CODE: 1376055
Axial Flow Pump Market Size, Share & Trends Analysis Report By Type (High-power, Miniwatt), By Configuration (Single-stage, Multi-stage), By End-use (Agriculture, Oil & Gas), By Region, And Segment Forecasts, 2023 - 2030
Axial Flow Pump Market Growth & Trends:
The global axial flow pump market size is anticipated to reach USD 5,109.1 million by 2030, registering a CAGR of 3.1% from 2023 to 2030, according to a new report by Grand View Research, Inc.. The global market has been growing due to increased energy consumption and exploratory activities. In addition, factors, such as favorable government policies and increasing demand for energy-efficient axial flow pump solutions, are anticipated to drive the overall market demand. Axial flow pumps are extensively used in the various stages of wastewater treatment, including aeration tanks, mixing tanks, and others, to facilitate proper mixing and aeration for an effective treatment process.
The efficient and high-capacity features of axial flow pumps make them well-suited for applications where large volumes of water or wastewater need to be moved, mixed, or treated. They play a significant role in ensuring the effective management of water resources and maintaining the proper functioning of wastewater treatment. Increasing awareness about environmental pollution, stringent regulations on waste and wastewater management, and growing demand for sustainable and efficient wastewater treatment solutions are expected to drive the market demand. Significant axial flow pump application is seen in irrigation systems, flood control systems, and sewage water treatment facilities. Axial flow pumps are also widely used in agriculture to remove surplus or unwanted water from fields as well as to pump water from water reservoirs to fields.
In the upcoming years, the market is projected to grow due to the aforementioned applications. These pumps can also be used in situations where low pressures and high flow rates are necessary. To circulate fluids through evaporators and sewage digesters, axial flow pumps are mostly employed in power plants. These pumps are predicted to witness a high adoption rate due to their ease of handling, greater stage efficiencies, reduced aerodynamic losses, short blade lengths, and smaller dimensions. Manufacturers are looking for partnerships, and M&As to diversify their product offerings and boost output. To meet the growing demand from the application sectors, such as agriculture, construction & building services, water & wastewater, power generation, oil & gas, chemicals, and manufacturers are also concentrating on expanding their manufacturing facilities.
Axial Flow Pump Market Report Highlights:
- The high-power type segment accounted for a share of 58.9% in 2022 owing to increased demand for high-power pumps in applications, such as flood dewatering and water & wastewater treatment
- The single-stage axial flow pump configuration segment accounted for a share of 62.7% in 2022 owing to its applications in various industries, including agriculture (irrigation), municipal water supply, wastewater management, flood control, aquaculture, and industrial fluid circulation
- The oil & gas end-user segment is likely to register a CAGR of 3.4% over the forecast period owing to high product demand in various fluid handling applications due to their unique design that allows for efficient flow of fluids in a straight-line direction along the pump axis
- Several factors, including rapid industrialization & urbanization, and technical improvements, have contributed to the remarkable rise in demand for energy fuel over the past few years, and North America is predicted to dominate the market over the projected period
- This is anticipated to increase the product's uptake by many businesses, including the water & wastewater treatment, power, and oil & gas sectors
- By offering flow control products and services for the global infrastructure market, Flowserve Corporation announced the launch of its new Energy Advantage program in March 2022. This all-encompassing flow control approach aims to assist customers in lowering total cost of ownership and reducing carbon footprint
- With Energy Advantage, Flowserve can assist customers in optimizing pump and valve power usage to achieve higher energy efficiency due to its engineering know-how, rigorous data-driven review approach, and full product & service portfolio
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Axial Flow Pumps Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Segmentation & Scope
- 3.3. Penetration & Growth Prospect Mapping
- 3.4. Technology Overview
- 3.5. Industry Value Chain Analysis
- 3.5.1. Raw Material Outlook
- 3.5.2. Manufacturing & Type Trends
- 3.6. Regulatory Framework
- 3.7. Axial Flow Pumps Market - Market dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Market Opportunity Analysis
- 3.7.4. Market Challenges Analysis
- 3.8. Industry Analysis Tools: Axial Flow Pumps Market
- 3.8.1. Porter's Analysis
- 3.8.2. Macroeconomic Analysis
- 3.9. Economic Mega-Trend Analysis
- 3.10. Vendor Matrix
Chapter 4. Axial Flow Pumps Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2022 & 2030
- 4.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.2. High Power
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Miniwatt
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Axial Flow Pumps Market: Configuration Estimates & Trend Analysis
- 5.1. Configuration Movement Analysis & Market Share, 2022 & 2030
- 5.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2. Single-Stage
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Multi-Stage
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Axial Flow Pumps Market: End-use Estimates & Trend Analysis
- 6.1. End-Use Movement Analysis & Market Share, 2022 & 2030
- 6.2. Agriculture
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Construction & Building Services
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Water & Wastewater
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Power Generation
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6. Oil & Gas
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7. Chemicals
- 6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Axial Flow Pumps Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2022 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.2. France
- 7.3.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.4. Italy
- 7.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.5. UK
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.5. Australia
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Argentina
- 7.5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 8. Axial Flow Pumps Market - Competitive Analysis
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Key Company/Competition Categorization
- 8.3. Participant's Overview
- 8.4. Financial Overview
- 8.5. Product Benchmarking
- 8.6. Company Market Positioning
- 8.7. Company Market Share Analysis
- 8.8. Company Heat Map Analysis
- 8.9. Strategy Mapping
Chapter 9. Company Profiles
- 9.1. Ebara Corporation
- 9.2. Flowserve Corporation
- 9.3. Grundfos Holding A/S
- 9.4. Handol Pumps Limited
- 9.5. Hitachi Industrial Products Ltd.
- 9.6. ITT Goulds Pumps
- 9.7. Pentair PLC
- 9.8. Sulzer Ltd.
- 9.9. The Weir Group PLC
- 9.10. Xylem Inc.
List of Tables
- Table 1 Axial Flow Pumps Market estimates and forecasts, by type, 2018 - 2030 (USD Million)
- Table 2 Axial Flow Pumps Market estimates and forecasts, by configuration, 2018 - 2030 (USD Million)
- Table 3 Axial Flow Pumps Market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- Table 4 U.S. Macroeconomic outlook
- Table 5 Canada Macroeconomic Outlook
- Table 6 Mexico macroeconomic outlook
- Table 7 Germany macroeconomic Outlook
- Table 8 France macroeconomic outlook
- Table 9 UK Macroeconomic outlook
- Table 10 Italy macroeconomic outlook
- Table 11 China macroeconomic outlook
- Table 12 India macroeconomic outlook
- Table 13 Japan macroeconomic outlook
- Table 14 Australia macroeconomic outlook
- Table 15 Brazil macroeconomic outlook
- Table 16 Argentina macroeconomic outlook
- Table 17 Saudi Arabia macroeconomic outlook
- Table 18 UAE macroeconomic outlook
- Table 19 Recent developments & impact analysis, by key market participants
- Table 20 Company market share, 2022
- Table 21 Company heat map analysis, 2022
- Table 22 Key companies undergoing expansion
- Table 23 Key companies involved in mergers & acquisition
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom Up Approach
- Fig. 5 Market Research Approaches - Top Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Market Outlook
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Insights
- Fig. 10 Market Segmentation & Scope
- Fig. 11 Penetration and Growth Prospect Mapping
- Fig. 12 Industry Value Chain Analysis
- Fig. 13 Market Driver Analysis
- Fig. 14 Market Restraint Analysis
- Fig. 15 Axial Flow Pumps Market: Type Movement Analysis, 2022 & 2030
- Fig. 16 Axial Flow Pumps Market: Configuration Movement Analysis, 2022 & 2030
- Fig. 17 Axial Flow Pumps Market: End-use Movement Analysis, 2022 & 2030
- Fig. 18 Axial Flow Pumps Market: Regional Movement Analysis, 2022 & 2030
- Fig. 19 Key Company/Competition Categorization
- Fig. 20 Competitive Dashboard Analysis
- Fig. 21 Market Position Analysis
