Axial Flow Pump Market Growth Opportunities and Forecast till 2030
The Global Axial Flow Pump Market Size valued for USD 34.2 Billion in 2021 and is anticipated to reach USD 72.8 Billion by 2030 with a CAGR of 8.9% from 2022 to 2030.
Fluids including water, oil, and other liquids are frequently moved by axial flow pumps, a kind of dynamic machine. These pumps are made to operate with low head and high flow rates, making them perfect for applications requiring the continuous movement of huge volumes of fluid. Axial flow pumps produce a flow of fluid through the rotation of an impeller that resembles a propeller, in contrast to other types of pumps that operate on the concept of centrifugal force. The fluid is sucked in from the inlet and propelled out via the exit thanks to the impeller, which is housed inside a cylindrical casing and rotates to produce a low-pressure area at its centre.
Axial flow pumps are capable of delivering a high flow rate over a broad pressure range thanks to their efficient fluid transfer design. While the casing is made to direct the fluid in a straight line through the pump, the impeller blades are often bent to provide for a smooth flow of fluid through the pump. To maximize the performance of the pump for particular purposes, such as pumping wastewater or seawater, the impeller blades' size and shape as well as the pump's housing can be changed.
Axial flow pumps are frequently used for irrigation, dewatering, and fluid transfer applications in a number of different industries, including agriculture, construction, and mining. Additionally, they are utilized in the energy sector for the cooling water circulation in power plants as well as the maritime industry for the propulsion of boats and ships. Axial flow pumps are a well-liked option for applications requiring high-volume fluid transfer due to their efficiency and dependability, and their sturdy design guarantees that they can resist challenging operating circumstances and continue to perform dependably for many years.
Parameter |
Axial Flow Pump Market |
Axial Flow Pump Market Size in 2021 |
US$ 34.2 Billion |
Axial Flow Pump Market Forecast By 2030 |
US$ 72.8 Billion |
Axial Flow Pump Market CAGR During 2022 – 2030 |
8.9% |
Axial Flow Pump Market Analysis Period |
2018 - 2030 |
Axial Flow Pump Market Base Year |
2021 |
Axial Flow Pump Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Type, By Application, and By Region |
Axial Flow Pump Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Grundos Holding A/S, Weir Group PLC, Xylem Inc, Ebara Corporation, Sulzer Ltd., KSB SE & Co. KGaA, Sulxer AG, KBL (Kirloskar Brothers Limited), Pentair Plc, ITT Inc., and Wilo SE. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Axial Flow Pump Market Dynamics
Axial flow pumps are very effective at moving huge volumes of fluid with little head pressure. As a result, they are being utilised more frequently in a variety of industries, such as construction, mining, and agriculture, where effective fluid transfer is essential. The need for water and wastewater management systems has increased as a result of urbanisation and rising world population. To move and treat huge volumes of water, axial flow pumps are frequently employed in water treatment plants and wastewater treatment facilities. In the energy industry, axial flow pumps are frequently employed to circulate cooling water in power plants. The energy sector has been expanding significantly as a result of the rising need for energy around the world, which has increased the demand for axial flow pumps.
Many technological developments have affected the axial flow pump market, resulting in the creation of more effective and dependable pumps. For instance, manufacturers have been able to optimize the design of axial flow pumps for particular applications thanks to the use of computer-aided design (CAD), leading to higher performance and efficiency. Axial flow pumps have become more and more popular as more industries learn about their advantages. Due to their great efficiency, dependability, and durability, axial flow pumps are a preferred option for fluid transfer applications. They are also simple to install, run, and maintain, which adds to the growing demand for them.
Axial flow pumps have a very high initial cost when compared to other kinds of pumps, which may deter some potential buyers from buying them. Applications requiring low head and high flow rates are best suited for axial flow pumps. Its range of application is constrained since they might not be as efficient in tasks requiring high head or pressure. Axial flow pumps are often strong and dependable, but they still need routine upkeep and repairs to keep performing at their best. Maintenance and repair expenses can be high, particularly when it comes to large pumps used in industrial settings.
Axial flow pumps can have an adverse effect on the environment when used in specific situations, such as water bodies or aquatic ecosystems. For instance, the pumps' turbulence could harm aquatic ecosystems. Axial flow pumps are extremely efficient and dependable, but they are up against some tough competition from centrifugal and positive displacement pumps, each of which have their uses.
Axial Flow Pump Market Insight
The axial flow pump market is divided into type, application, and geographic markets. Based on type, the segment is categorized miniwatt, and high power. Application is categorized into food & beverages, chemical, petroleum, water & wastewater, and others. North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa comprise the region sector.
Global Axial Flow Pump Market Geographical Competition
Axial flow pumps have an established market in North America, where they are widely used in a variety of sectors, including construction, mining, and agriculture. The market is expanding as a result of rising demand for infrastructure development, water management, and energy.
Due to the requirement for effective fluid transfer solutions, particularly in the water and wastewater management industry, Europe is also a developed market for axial flow pumps. The market is anticipated to increase as a result of the increasing need for renewable energy sources.
The market for axial flow pumps is expanding at the quickest rate in the Asia-Pacific region as a result of the rising needs for energy, water management, and infrastructure development in nations like China and India. Also, the area is rapidly industrializing, which is fueling demand for axial flow pumps across a range of businesses.
Global Axial Flow Pump Industry Segment Analysis
Market By Type
· High Power
· Miniwatt
Market By Application
· Food & Beverages
· Chemical
· Petroleum
· Water & Wastewater
· Others
Axial Flow Pump Market Leading Companies
The players profiled in the report are Grundos Holding A/S, Weir Group PLC, Xylem Inc, Ebara Corporation, Sulzer Ltd., KSB SE & Co. KGaA, Sulxer AG, KBL (Kirloskar Brothers Limited), Pentair Plc, ITT Inc., and Wilo SE.
Axial Flow Pump Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa