The Axial Flow Pump Market size was valued at USD 29.5 billion in 2022 and is expected to grow to USD 41.95 billion by 2030 and grow at a CAGR of 4.5 % over the forecast period of 2023-2030.
In power plants, the chemical industry, and for dewatering purposes, axial pumps also called propeller pumps are widely employed to circulate water. Additionally, they are utilized to manage effluent from industrial, commercial, and municipal activities. The need for axial flow pumps is expected to increase across industries that deal with water, wastewater, chemicals, petroleum, and food and beverages.
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The axial flow pumps are a class of positive displacement pumps with an impeller resembling a propeller that runs through the casing. These pumps exert centrifugal force on fluid as it passes past the impeller. The direction of the fluid displacement is parallel to the direction of the pump shaft. Even at low-pressure heads, these pumps are capable of delivering great volume flow rates. In the past, these pumps have also been utilised to remove water from a soggy region in the event of natural disasters like floods. Applications requiring both high flow rates and low pressures can use axial flow.
The majority of power plants employ axial flow pumps to move fluids through evaporators and sewage digesters. Fisheries and irrigation are the two other key industries where axial flow pumps are used. Axial flow pumps will see growth throughout the specified projection period because of the reduced aerodynamic losses, greater stage efficiencies, short blade lengths, lower overall dimensions, and ease of handling of these pumps.
KEY DRIVERS:
Rising demand for energy fuel
Growing demand for Axial flow pump
Increased oil field activity
Increased investments in wastewater treatment facilities
These pumps are used in the agricultural industry to remove excess or undesired water from agricultural fields as well as to pump water from water reservoirs to fields. It may be utilized in municipal water treatment to assist in moving water or other fluids to various conveyor systems or reservoirs.
RESTRAIN:
High pressure operations
Managing viscous fluids
OPPORTUNITY:
Improving sales and opportunities
Including technological advancement and innovations
CHALLENGES:
Inefficiency of the pumps
The main factor limiting the growth of the worldwide axial flow pump market is the inefficiency of the pumps' functioning while dealing with viscous fluids. During the specified time period, the challenges the pump faces when running at high pressure may potentially restrain market growth for axial flow pumps globally.
IMPACT OF RUSSIA-UKRAINE WAR
Russia's invasion of Ukraine poses a threat of significantly disrupting global supply chains. The invasion has disrupted worldwide travel, halted energy and industrial goods supply networks, and increased volatility in global markets. Each hazard was heightened by the Ukraine situation, which also made any viable remedies more difficult.
Russia is a large supplier of metals, natural gas, and oil, and it is anticipated that increased costs for these commodities will harm the global economy. Russia provides 25% of Europe's oil and over 40% of its natural gas. Natural gas prices are currently nearly six times higher than they were at the commencement of the war, with an additional 20% spike following the start of the war.
By Type
Miniwatt
High Power
By Application
Wastewater & Water
Oil & Gas
Petrochemical & Chemical
Food & Beverages
Mining
Others
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Asia Pacific dominated the market and generated 41.6% of global revenue. The explosive expansion of the region's end-use sectors, such as the household water and wastewater treatment and petroleum industries, is credited with driving up demand for axial flow pumps. The market expansion is anticipated to be fuelled by quick investments in the manufacturing sector to meet the needs of a population that is expanding quickly.
North America is anticipated to grow at a CAGR of 2.2%. The U.S.'s availability of sophisticated processing capabilities along with ongoing R&D for pump production is anticipated to fuel the industry in the area.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
At the 2022 Global Water Awards, Xylem, a leading global provider of water technology, received the "Net Zero Carbon Champion" award in recognition of the Company's initiatives to hasten the decarbonization of the water industry. In addition to working with utilities, companies, and water management, Xylem is dedicated to reaching net-zero carbon emissions globally to assist them in lowering their carbon impact. These programs help the market under study even more.
In June 2021, Sulzer and Blue Planet announced their collaboration to cut CO2 emissions and sustainably revolutionize the cement industry. Sulzer made it possible to develop and improve Blue Planet's ground-breaking carbon mineralization method for carbon capture, utilization, and storage (CCUS) solutions. The Sulzer carbon will be used in the creative process technology to cut back on greenhouse gas emissions from commercial activity.
The Major Players are xylem Inc., Grundfos Holding A/S, Pentair PLC, Sulzer Ltd, Handol Pumps Limited, The Weir Group PLC, Ebara Corporation, Flowserve Corporation, Hitachi Industrial Products, Ltd., ITT Goulds Pumps, and other players are listed in a final report.
| Report Attributes | Details |
| Market Size in 2022 | US$ 29.5 Bn |
| Market Size by 2030 | US$ 41.95 Bn |
| CAGR | CAGR of 4.5 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Miniwatt, High Power) • By Application (Wastewater & Water, Oil & Gas, Petrochemical & Chemical, Food & Beverages, Mining, Others |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | xylem Inc., Grundfos Holding A/S, Pentair PLC, Sulzer Ltd, Handol Pumps Limited, The Weir Group PLC, Ebara Corporation, Flowserve Corporation, Hitachi Industrial Products, Ltd., ITT Goulds Pumps |
| Key Drivers | • Rising demand for energy fuel • Growing demand for Axial flow pump • Increased oil field activity |
| Market Restraints | • High pressure operations • Managing viscous fluids |
Ans: Axial Flow Pump Market is anticipated to expand by 4.5 % from 2023 to 2030.
Ans: USD 41.95 billion is expected to grow by 2030.
Ans: Axial Flow Pump Market size was valued at USD 29.5 billion in 2022
Ans: Asia Pacific is dominating the market.
Ans: High pressure operations and managing viscous fluids.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Axial Flow Pump Market Segmentation, By Type
8.1 Miniwatt
8.2 High Power
9. Axial Flow Pump Market Segmentation, By Application
9.1 Wastewater & Water
9.2 Oil & Gas
9.3 Petrochemical & Chemical
9.4 Food & Beverages
9.5 Mining
9.6 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Axial Flow Pump Market by Country
10.2.2North America Axial Flow Pump Market by Type
10.2.3 North America Axial Flow Pump Market by Application
10.2.4 USA
10.2.4.1 USA Axial Flow Pump Market by Type
10.2.4.2 USA Axial Flow Pump Market by Application
10.2.5 Canada
10.2.5.1 Canada Axial Flow Pump Market by Type
10.2.5.2 Canada Axial Flow Pump Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Axial Flow Pump Market by Type
10.2.6.2 Mexico Axial Flow Pump Market by Application
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Axial Flow Pump Market by Country
10.3.1.2 Eastern Europe Axial Flow Pump Market by Type
10.3.1.3 Eastern Europe Axial Flow Pump Market by Application
10.3.1.4 Poland
10.3.1.4.1 Poland Axial Flow Pump Market by Type
10.3.1.4.2 Poland Axial Flow Pump Market by Application
10.3.1.5 Romania
10.3.1.5.1 Romania Axial Flow Pump Market by Type
10.3.1.5.2 Romania Axial Flow Pump Market by Application
10.3.1.6 Hungary
10.3.1.6.1 Hungary Axial Flow Pump Market by Type
10.3.1.6.2 Hungary Axial Flow Pump Market by Application
10.3.1.7 Turkey
10.3.1.7.1 Turkey Axial Flow Pump Market by Type
10.3.1.7.2 Turkey Axial Flow Pump Market by Application
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Axial Flow Pump Market by Type
10.3.1.8.2 Rest of Eastern Europe Axial Flow Pump Market by Application
10.3.2 Western Europe
10.3.2.1 Western Europe Axial Flow Pump Market by Country
10.3.2.2 Western Europe Axial Flow Pump Market by Type
10.3.2.3 Western Europe Axial Flow Pump Market by Application
10.3.2.4 Germany
10.3.2.4.1 Germany Axial Flow Pump Market by Type
10.3.2.4.2 Germany Axial Flow Pump Market by Application
10.3.2.5 France
10.3.2.5.1 France Axial Flow Pump Market by Type
10.3.2.5.2 France Axial Flow Pump Market by Application
10.3.2.6 UK
10.3.2.6.1 UK Axial Flow Pump Market by Type
10.3.2.6.2 UK Axial Flow Pump Market by Application
10.3.2.7 Italy
10.3.2.7.1 Italy Axial Flow Pump Market by Type
10.3.2.7.2 Italy Axial Flow Pump Market by Application
10.3.2.8 Spain
10.3.2.8.1 Spain Axial Flow Pump Market by Type
10.3.2.8.2 Spain Axial Flow Pump Market by Application
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Axial Flow Pump Market by Type
10.3.2.9.2 Netherlands Axial Flow Pump Market by Application
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Axial Flow Pump Market by Type
10.3.2.10.2 Switzerland Axial Flow Pump Market by Application
10.3.2.11 Austria
10.3.2.11.1 Austria Axial Flow Pump Market by Type
10.3.2.11.2 Austria Axial Flow Pump Market by Application
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Axial Flow Pump Market by Type
10.3.2.12.2 Rest of Western Europe Axial Flow Pump Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Axial Flow Pump Market by Country
10.4.2 Asia Pacific Axial Flow Pump Market by Type
10.4.3 Asia Pacific Axial Flow Pump Market by Application
10.4.4 China
10.4.4.1 China Axial Flow Pump Market by Type
10.4.4.2 China Axial Flow Pump Market by Application
10.4.5 India
10.4.5.1 India Axial Flow Pump Market by Type
10.4.5.2 India Axial Flow Pump Market by Application
10.4.6 Japan
10.4.6.1 Japan Axial Flow Pump Market by Type
10.4.6.2 Japan Axial Flow Pump Market by Application
10.4.7 South Korea
10.4.7.1 South Korea Axial Flow Pump Market by Type
10.4.7.2 South Korea Axial Flow Pump Market by Application
10.4.8 Vietnam
10.4.8.1 Vietnam Axial Flow Pump Market by Type
10.4.8.2 Vietnam Axial Flow Pump Market by Application
10.4.9 Singapore
10.4.9.1 Singapore Axial Flow Pump Market by Type
10.4.9.2 Singapore Axial Flow Pump Market by Application
10.4.10 Australia
10.4.10.1 Australia Axial Flow Pump Market by Type
10.4.10.2 Australia Axial Flow Pump Market by Application
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Axial Flow Pump Market by Type
10.4.11.2 Rest of Asia-Pacific APAC Axial Flow Pump Market by Application
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Axial Flow Pump Market by Country
10.5.1.2 Middle East Axial Flow Pump Market by Type
10.5.1.3 Middle East Axial Flow Pump Market by Application
10.5.1.4 UAE
10.5.1.4.1 UAE Axial Flow Pump Market by Type
10.5.1.4.2 UAE Axial Flow Pump Market by Application
10.5.1.5 Egypt
10.5.1.5.1 Egypt Axial Flow Pump Market by Type
10.5.1.5.2 Egypt Axial Flow Pump Market by Application
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Axial Flow Pump Market by Type
10.5.1.6.2 Saudi Arabia Axial Flow Pump Market by Application
10.5.1.7 Qatar
10.5.1.7.1 Qatar Axial Flow Pump Market by Type
10.5.1.7.2 Qatar Axial Flow Pump Market by Application
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Axial Flow Pump Market by Type
10.5.1.8.2 Rest of Middle East Axial Flow Pump Market by Application
10.5.2 Africa
10.5.2.1 Africa Axial Flow Pump Market by Country
10.5.2.2 Africa Axial Flow Pump Market by Type
10.5.2.3 Africa Axial Flow Pump Market by Application
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Axial Flow Pump Market by Type
10.5.2.4.2 Nigeria Axial Flow Pump Market by Application
10.5.2.5 South Africa
10.5.2.5.1 South Africa Axial Flow Pump Market by Type
10.5.2.5.2 South Africa Axial Flow Pump Market by Application
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Axial Flow Pump Market by Type
10.5.2.6.2 Rest of Africa Axial Flow Pump Market by Application
10.6 Latin America
10.6.1 Latin America Axial Flow Pump Market by Country
10.6.2 Latin America Axial Flow Pump Market by Type
10.6.3 Latin America Axial Flow Pump Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Axial Flow Pump Market by Type
10.6.4.2 Brazil Africa Axial Flow Pump Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Axial Flow Pump Market by Type
10.6.5.2 Argentina Axial Flow Pump Market by Application
10.6.6 Colombia
10.6.6.1 Colombia Axial Flow Pump Market by Type
10.6.6.2 Colombia Axial Flow Pump Market by Application
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Axial Flow Pump Market by Type
10.6.7.2 Rest of Latin America Axial Flow Pump Market by Application
11 Company Profile
11.1 xylem Inc.
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Grundfos Holding A/S
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Pentair PLC
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Sulzer Ltd.
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Handol Pumps Limited
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 The Weir Group PLC
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Ebara Corporation
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Flowserve Corporation
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Hitachi Industrial Products, Ltd.
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 ITT Goulds Pumps
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
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