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

09-10-2024 08:07 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Meticulous Research®

/ PR Agency: Meticulous Research®
Archimedean Screw Pumps Market to be Worth $0.28 Billion by 2031

According to the latest publication by Meticulous Research®, the Archimedean screw pumps market is expected to reach $0.28 billion by 2031, growing at a CAGR of 2.7% from 2024 to 2031. This market growth is primarily driven by the increasing use of Archimedean screw pumps in industrial applications and their rising adoption in sewage treatment. However, the high costs associated with the installation, maintenance, and operation of these pumps pose a restraint to market growth.

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In addition, the growing demand for Archimedean screw pumps in stormwater management and power generation presents new growth opportunities for market participants. On the other hand, the high cost burden for small-scale businesses remains a significant challenge. Furthermore, the increasing demand for renewable energy and advancements in Archimedean screw pump technology are among the latest trends in this market.

Market Segmentation
The Archimedean screw pumps market is segmented by:

Type: Open screw pumps (including concrete troughs and steel trough liners) and enclosed screw pumps.
Application: Sewage treatment, irrigation, industrial applications, power generation, stormwater management, drainage, and others.
Geography: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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Key Insights
By Type: The market is divided into open screw pumps and enclosed screw pumps. In 2024, the open screw pumps segment is anticipated to hold a dominant share of over 62.0% in the market, owing to their high pumping capacities, efficiency, and low maintenance needs. This segment is also expected to grow at the highest CAGR during the forecast period due to features like variable pumping capacity without special controls, non-clogging design, and no need for pre-screening.

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By Application: In 2024, the sewage treatment segment is expected to account for the largest market share of over 24.0%. This growth is driven by the increased demand for Archimedean screw pumps due to their simple design, low maintenance, and efficient operation, as well as their effectiveness in handling large volumes of sewage. The segment is also projected to register the highest CAGR, supported by advantages like handling diverse flow rates, suitability for transporting wastewater with high solid content, and lower energy consumption compared to other pumps.

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By Geography: The Asia-Pacific region is expected to dominate the market with a share exceeding 47.0% in 2024. This is attributed to stricter water and wastewater regulations, the rising demand for sustainable water management, and increased installations for hydropower generation in countries like China, Japan, India, and South Korea. Additionally, the Asia-Pacific market is forecasted to grow at the highest CAGR of over 3.5% during the period, driven by the rising adoption of these pumps in industrial wastewater treatment, agricultural irrigation, and government focus on sustainable practices.

Key Players
Prominent players 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.)
Parkson Corporation (U.S.)

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These companies are actively engaged in leveraging opportunities within this evolving market landscape.

*linkedin article: "https://www.linkedin.com/pulse/innovations-opportunities-archimedean-screw-pumps-2yzmc/ "

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

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