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Axial Flow Pump Market: Robust Growth, Rising Demand and Key Market Trends
Axial Flow Pump Market Size
What Is The Projected Market Size Of The Global Axial Flow Pump Market And Its Growth Rate?
The axial flow pump market size has been witnessing steady growth:
• Historically, the market size grew from $33.68 billion in 2024 to $35.14 billion in 2025 at a CAGR of 4.3%.
• Currently, the market stands at $35.14 billion and is expected to expand to $43.06 billion in 2029 at a CAGR of 5.2%.
This growth can be attributed to the factors like rising focus on sustainable agriculture, smart cities development, renewable energy integration, and climate change adaptation.
What Is Driving The Growth In The Axial Flow Pump Market?
The increasing demand for freshwater is significantly driving the axial flow pump market. Axial flow pumps are crucial for pumping large volumes of liquid in less time from freshwater sources to various applications. For instance, a 2023 report by the Guardian revealed that the demand for freshwater is anticipated to surpass supply by 40% by 2030. Therefore, the increasing need for freshwater is expected to stimulate the axial flow pump market.
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Who Are the Key Players Driving Axial Flow Pump Market Growth?
The market dominance is led by major players such as:
• Ebara Corporation
• Flowserve Corporation
• Grundfos Holding A/S
• Hitachi Industrial Products Ltd.
• ITT Goulds Pumps
• Pentair PLC
• Sulzer Ltd.
These companies have made notable contributions to the axial flow pump market.
What Are The Key Trends In The Axial Flow Pump Market?
The forecast period promises the following key trends in the axial flow pump market:
• Digitalization and IoT integration
• Technological advancements
• Environmental considerations
These trends are significantly influencing the future directions of the axial flow pump market.
What Are The Segments Of The Global Axial Flow Pump Market?
The market is segmented based on:
• Product Type: Horizontal, Vertical
• Application: Water Treatment, Irrigation, Evaporators, Other Applications
• End-User: Chemical, Municipal, Pulp And Paper, Agriculture, Food And Beverage, Other End-Users
Which Region Leads The Axial Flow Pump Market?
Asia-Pacific is the largest region in the axial flow pump market in 2024. The region is expected to be the fastest-growing in the global axial flow pump market report during the forecast period, which also includes areas like Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Axial Flow Pump Market Global Market Report?
• Market Size Analysis
• Market Segmentation Analysis
• Key Player Focus
• Growth Trends Analysis
• Market Contribution
• Growth Drivers
• Industry Challenges
• Competitive Developments
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