Archimedean Screw Pumps Market to be Worth $0.28 Billion by 2031

According to a recent report by Meticulous Research®, the Archimedean screw pumps market is expected to grow to $0.28 billion by 2031, with a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031. This growth is primarily driven by the increasing use of Archimedean screw pumps in various industrial applications and their expanding role in sewage treatment.

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However, the market's growth is constrained by the high installation, maintenance, and operating costs associated with these pumps.

The rising demand for Archimedean screw pumps in stormwater management and power generation presents growth opportunities for market players. Conversely, the high costs involved can be a significant challenge, especially for small-scale businesses. Current trends in the market include a growing emphasis on renewable energy and advancements in Archimedean screw pump technology.

The market is segmented by type, application, and geography. In terms of type, the market is divided into open screw pumps (which include concrete troughs and steel trough liners) and enclosed screw pumps. In 2024, the open screw pumps segment is expected to hold the largest share, accounting for over 62.0% of the market. This dominance is due to their high pumping capacities, superior efficiency, and minimal maintenance requirements. The open screw pumps segment is also projected to grow at the highest CAGR during the forecast period, driven by benefits such as variable pumping capacity, non-clogging design, and no pre-screening needs.

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Regarding applications, the market is categorized into sewage treatment, irrigation, industrial applications, power generation, stormwater management, drainage, and other uses. The sewage treatment segment is anticipated to account for the largest share, exceeding 24.0% in 2024, due to the rising demand for efficient and low-maintenance solutions to handle large volumes of sewage. This segment is also expected to grow at the highest CAGR over the forecast period, benefiting from the pump's ability to handle various flow rates, transport wastewater with high solid content without clogging, and consume less energy compared to other pump types.

Geographically, the Archimedean screw pumps market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, the Asia-Pacific region is expected to dominate the market with a share of over 47.0%. This region's significant market share is attributed to stricter water and wastewater discharge regulations, growing demand for sustainable water management, and increasing installations of Archimedean screw pumps in countries such as China, Japan, India, and South Korea.

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Additionally, the Asia-Pacific market is projected to register the highest CAGR of over 3.5% during the forecast period, fueled by the rising adoption of these pumps in industrial wastewater treatment, agricultural irrigation, and sustainable water management practices, along with increasing industrialization.

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Key Market Players
The major companies operating in the Archimedean screw pumps market include Spaans Babcock BV (Netherlands), WAMGROUP S.p.A. (Italy), Rehart GmbH (Germany), VANDEZANDE BV (Netherlands), Jash Engineering Limited (India), Landustrie Sneek BV (Netherlands), KUHN GmbH Technische Anlagen (Germany), Lakeside Equipment Corporation (U.S.), Adasfa Sdn. Bhd. (Malaysia), Lektratek Water Technology (South Africa), PRO-Equipment, Inc. (U.S.), and Parkson Corporation (U.S.).

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This release was published on openPR.