Global Axial Flow Pump Market Projected to Grow at 5.2% CAGR, Reaching $43.06 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Axial Flow Pump Industry Market Size Be by 2025?
In the previous years, there has been a stable expansion in the market size of axial flow pumps. The sector is expected to escalate from a worth of $33.68 billion in 2024 to $35.14 billion in 2025, experiencing a compound annual growth rate (CAGR) of 4.3%. Factors such as industrial and infrastructure growth, agricultural development, global concerns over water scarcity, emphasis on energy efficiency, as well as government policies and regulations have contributed to this historical growth.

What's the Long-Term Growth Forecast for the Axial Flow Pump Market Size Through 2029?
Forecasts predict robust expansion in the axial flow pump market over the upcoming years, with a projected value of "$43.06 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.2%. This predicted surge in the forecast period can be associated to factors such as integration of renewable energy, escalating emphasis on sustainable agriculture, investments in water infrastructure, development of smart cities, and adaptation to climate change. Trending aspects within this forecast period encompass digitalization and integration of the Internet of Things (IoT), progressive technological advancements, competitive marketplace, environmental considerations, and innovations in materials.

View the full report here:
https://www.thebusinessresearchcompany.com/report/axial-flow-pump-global-market-report

What Are the Key Growth Drivers Fueling the Axial Flow Pump Market Expansion?
The axial flow pump market's expansion is being significantly fueled by the increasing need for freshwater. These pumps are commonly utilized to pump large volumes of fluid from freshwater sources such as rivers, lakes, and wells to treatment plants, as well as for irrigation, flood control, and drainage purposes. They provide high pressure and can lift liquid over a substantial vertical distance quickly by reducing turbulence. For example, a 2023 Guardian report, a UK-based daily newspaper, predicted that by 2030, freshwater demand is expected to outstrip supply by 40%. As a result, the escalating need for freshwater will propel the axial flow pump market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10169&type=smp

What Are the Key Trends Driving Axial Flow Pump Market Growth?
The axial flow pump market is rapidly evolving with technological innovation becoming a dominant trend. Major businesses in this sector are putting their focus on the creation of novel axial flow pump products that offer improved durability and resistance to corrosion. To illustrate, Baker Hughes Company, an American business specializing in axial flow pump and energy technology, unveiled the latest development in reinforced thermoplastic pipe (RTP) technology, the PythonPipe portfolio, in November 2023. This portfolio promises quicker setup, minimized time to initial production and reduced emissions throughout the product's lifecycle. The PythonPipe portfolio includes a flexible, non-metallic RTP approved by the American Petroleum Institute 15s, available in a variety of sizes, materials, and liners. It promises up to 60% less time for installation at a fifth of the price of similar steel installations. PythonPipe is also designed to be efficient and environmentally friendly, claiming to reduce carbon emissions by up to 75% throughout its lifespan, maintenance costs by up to 80%, and manpower requirements by up to 60%.

How Is the Axial Flow Pump Market Segmented?
The axial flow pump market covered in this report is segmented -

1) By Product Type: Horizontal, Vertical
2) By Application: Water Treatment, Irrigation, Evaporators, Other Applications
3) By End-User: Chemical, Municipal, Pulp And Paper, Agriculture, Food And Beverage, Other End-Users

Subsegments:
1) By Horizontal Axial Flow Pumps: Single Stage, Multi-Stage
2) By Vertical Axial Flow Pumps: In-Line Vertical Pumps, Submersible Vertical Pumps

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10169&type=smp

Which Companies Are Leading the Charge in Axial Flow Pump Market Innovation?
Major companies operating in the axial flow pump 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 Co. Inc., Kubota Group, Torishima Pump Manufacturing Co Ltd., Hayward Tyler, Peerless Pump Company, KSB SE & Co. KGaA, Sintech Precision Products Ltd., Moving Water Industries, Holland Pump Company, Patterson Pump Company, Emile Egger & Cie SA, Flowmore Limited, Huayang Intelligent Pumps, Ruthman Companies, Hebei Zidong Pump Industry Co.Ltd, Thomas & Associates, Brehnor Pumps (Pty) Ltd., PumpWrxs & Controls, JeffPro Fluid Solutions - Pumps and Packaged Pump Systems, Handol Pumps Limited, Shanghai Pacific Pump Manufacture (Group) Co.Ltd., Bellflo Engineering Corporation Pte. Ltd., Jiangsu Suhua Pump Co. Ltd., Liancheng Group

Which Regions Are Leading the Global Axial Flow Pump Market in Revenue?
Asia-Pacific was the largest region in the axial flow pump market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global axial flow pump market report during the forecast period. The regions covered in the axial flow pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10169

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.