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Global Axial Flow Pump Market Share, Trends, Analysis, Research: By Type: Miniwatt, High Power; By End-Use: Chemical, Municipal, Agriculture, Food and Beverage, Pulp and Paper, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape: Industry Events and Developments; 2023-2028

Global Axial Flow Pump Market Outlook

The global axial flow pump market stood at a value of around USD 28.77 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 4.80% to reach USD 37.04 billion by 2027.

 

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.

 

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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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
  • Porter's Five Forces
  • 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

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Axial Flow Pump Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Axial Flow Pump Historical Market (2018-2022)
    8.3    Global Axial Flow Pump Market Forecast (2023-2028)
    8.4    Global Axial Flow Pump Market by Type
        8.4.1    Miniwatt
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    High Power
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Axial Flow Pump Market by End-Use
        8.5.1    Chemical
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Municipal
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Agriculture
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Food and Beverage
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Pulp and Paper
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Others
    8.6    Global Axial Flow Pump Market by Region       
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022) 
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022) 
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022) 
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Axial Flow Pump Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Axial Flow Pump Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Axial Flow Pump Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Axial Flow Pump Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Axial Flow Pump Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Moving Water Industries
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Holland Pump
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Mackwell Pumps & Controls
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Patterson Pump Company
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Flowmore Limited
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Axial Flow Pump Market: Key Industry Highlights, 2018 and 2028
2.    Global Axial Flow Pump Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Axial Flow Pump Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Axial Flow Pump Historical Market: Breakup by End Use (USD Million), 2018-2022
5.    Global Axial Flow Pump Market Forecast: Breakup by End Use (USD Million), 2023-2028
6.    Global Axial Flow Pump Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Axial Flow Pump Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Axial Flow Pump Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Axial Flow Pump Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Axial Flow Pump Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Axial Flow Pump Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Axial Flow Pump Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Axial Flow Pump Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Axial Flow Pump Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Axial Flow Pump Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Axial Flow Pump Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Axial Flow Pump Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Axial Flow Pump Market Structure.

Key Questions Answered in the Report

In 2021, the global market attained a value of nearly USD 28.77 billion.

The market is estimated to grow at a CAGR of 4.80% between 2023 and 2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 37.04 billion by 2027.

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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