Press release
Axial Flow Pump Market Size, Share, Growth And Global Forecast 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Axial Flow Pump Market Size, Growth Rate, And Forecast:
The global axial flow pump market size is expected to grow from $31.36 billion in 2022 to $32.58 billion in 2023 at a compound annual growth rate (CAGR) of 3.89%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global axial flow pump market size is expected to reach $38.55 billion in 2027 at a CAGR of 4.29%.
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Axial Flow Pump Market Drivers:
The rising demand for freshwater is significantly contributing to the growth of the axial flow pump market going forward. Axial flow pumps are used in moving or pumping large volumes of liquid in lesser time from freshwater sources such as rivers, lakes, and wells to treatment plants, irrigation, flood control, and drainage applications at high pressure or the lifting of fluid over a large vertical distance in lesser time by minimizing the turbulence.
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Axial Flow Pump Market Segments
•By Product Type: Horizontal, Vertical
•By Application: Water Treatment, Irrigation, Evaporators, Other Applications
•By End-User: Chemical, Municipal, Pulp And Paper, Agriculture, Food And Beverage, Other End-Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the axial flow pumps market.
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Axial Flow Pump Market Key Players:
Major competitors in the axial flow pumps market include Ebara Corporation, Flowserve Corporation, Grundfos Holding A/S, Hitachi Industrial Products Ltd., ITT Goulds Pumps, Pentair PLC, Sulzer Ltd., The Weir Group PLC, Xylem Inc., Franklin Electric, Kubota Group, Torishima Pump Manufacturing Co Ltd, Hayward Tyler, Peerless Pump Company and KSB SE & Co. KGaA.
The Business Research Company's "Global Axial Flow Pump Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Axial Flow Pump Market Include:
1. Executive Summary
2. Axial Flow Pump Market Characteristics
3. Axial Flow Pump Market Trends And Strategies
4. Axial Flow Pump Market - Macro Economic Scenario
5. Axial Flow Pump Market Size And Growth
....
26. Africa Axial Flow Pump Market
27. Axial Flow Pump Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Axial Flow Pump Market
29. Axial Flow Pump Market Future Outlook and Potential Analysis
30. Appendix
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