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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Axial Flow Pump Market Outlook

The global axial flow pump market stood at a value of around USD 31.60 billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 4.8% to reach USD 48.19 billion by 2034.

axial-flow-pump-market

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Increasing Demand for High Power Axial Flow Pumps by Various End Use Industries Driving Market Growth

High power axial flow pumps offer great rate of flow and power as compared to its counterparts. In this regard, the heightened application of these pumps in the flood dewatering, water and wastewater, and oil and gas industry, among others is driving the segment’s growth. The increasing inclination towards using axial flow pumps with high power, to accelerate the industrial operation in various end use industries, is anticipated to provide impetus to the segment.

The Asia Pacific Region Accounts for a Noteworthy Segment in the Market for Axial Flow Pumps

The global axial flow pump market in the region is driven by an increasing expansion of the major end user industries of the product including food and beverage and pulp and paper industry. In addition to this, the strong foothold of major pump manufacturers and local suppliers in emerging economies such as India and China, are further providing an impetus to the market. Moreover, the dominating agricultural sector in the region along with the rapid technological advancements and innovation are anticipated to aid the market in coming years.

axial-flow-pump-market-by-segmentation

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Market Segmentation

An axial flow pump, also known as a centrifugal pump, is defined as a rotor driven by motor, which navigates the flow of liquid along the path that is parallel to pump. Crucial components of axial flow pumps include impellers and vanes which pump the liquid. These pumps are extensively applied where the requirements for rate of flows is high, while the pressure is low.

Based on type, the market for axial flow pumps can be bifurcated into:

  • Miniwatt
  • High Power

By application, the market has been divided into:

  • Chemical
  • Municipal
  • Agriculture
  • Food and Beverage
  • Pulp and Paper
  • Others

The regional markets for the product include North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.

Increasing Applications in the Agriculture Sector to Boost the Growth of the Axial Flow Pumps Market

The rising applications of axial flow pumps in the agriculture industry for proper irrigation and drainage of unwanted water is driving the global axial flow pump market growth. In addition to this, axial flow pumps have the ability to reduce the energy usage, while decreasing the cost of low-lift surface water irrigation, which is a major driving factor of the market. Moreover, the anticipated increase in the demand for energy in the agriculture sector is likely to accelerate the demand for axial flow pumps in the coming years. These pumps are also used in the chemical industry as circulators of liquid in evaporators and crystallisers.

Over the forecast period, the growing research and development activities aimed towards exploring the potential applications of the product in various end use industries are anticipated to propel the market growth. Additionally, the market is likely to be augmented by rising investments in water and wastewater treatment projects, propelling the demand for axial flow pumps in the near future.

Key Players in the Global Axial Flow Pumps Market

The report gives a detailed analysis of the following key players in the global axial flow pump market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Moving Water Industries
  • Holland Pump
  • Mackwell Pumps & Controls
  • Patterson Pump Company
  • Flowmore Limited
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • End-Use
  • Region
Breakup by Type
  • Miniwatt
  • High Power
Breakup by End-Use
  • Chemical
  • Municipal
  • Agriculture
  • Food and Beverage
  • Pulp and Paper
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Moving Water Industries
  • Holland Pump
  • Mackwell Pumps & Controls
  • Patterson Pump Company
  • Flowmore Limited
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the global market attained a value of nearly USD 31.60 billion.

The market is estimated to grow at a CAGR of 4.8% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 48.19 billion by 2034.

The major regions in the industry are North America, Latin America, Middle East, Africa, Europe, and the Asia Pacific.

The major drivers of the market include the rising application of the pumps in the agriculture industry, growing need to reduce the energy costs in various end use industries, and growing research and development activities aimed towards exploring potential applications of the product.

The increasing investments in water and wastewater treatment projects in the emerging economies are likely to be the key trends in the market.

Miniwatt and high power are the are the different disease types based on which the market has been divided.

Chemical, municipal, agriculture, food and beverage, and pulp and paper, among others is the segmentation of market based on application.

The major players in the industry are Moving Water Industries, Holland Pump, Mackwell Pumps & Controls, Patterson Pump Company, and Flowmore Limited, among others.

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