Axial Flow Pump Market - Global Industry Analysis

Global Axial Flow Pump Market By Application (Irrigation, Water Treatment, Evaporators, and Others), By Product Type (Vertical, and Horizontal), By End-Use (Municipal, Chemical, Pulp & Paper, Agriculture, Food & Beverages, and Others), and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028

Published Date: 01-Sep-2022 Category: Heavy Industry Report Format : PDF Pages: 187 Report Code: ZMR-7052 Status : Published

The global axial flow pump market size was worth around USD 27 billion in 2021 and is predicted to grow to around USD 42 billion by 2028 with a compound annual growth rate (CAGR) of roughly 4.41% between 2022 and 2028.

Description

Axial Flow Pump Market Size And Industry Analysis

The global axial flow pump market size was worth around USD 27 billion in 2021 and is predicted to grow to around USD 42 billion by 2028 with a compound annual growth rate (CAGR) of roughly 4.41% between 2022 and 2028. The report analyzes the global axial flow pump market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the axial flow pump market.

Axial Flow Pump Market: Overview

An Axial flow pump (AFP) is a common form of fluid moving device or a pump with the key point of differentiation being the installation of a propeller in the pipe. For the device to function, the propeller is steered by a sealed motor by either an electric motor mounted to the pipe in the external environment or by a sealed motor installed within the pipe. Another common method of operating an axial flow pump involves a pipe piercing the right-angle drive shaft. The pump is named axial owing to its capability of allowing the flowing fluid particles to retain their radial locations because the radius at the suction or entry point and discharge or the exit point of the pump is very small.

The design of an ideal APF involves an impeller which is more or less like a propeller that runs through the device in a casing. When the liquid flows over the impeller, the necessary pressure is generated automatically due to this force of the liquid flow. The fluid always flows parallel to the impeller shaft without changing its radial locations. One of the main characteristics of an axial flow pump is that the head at the zero flow rate cannot be more than three times the head at the pump’s optimization point, and as the flow decreases the power requirement increases simultaneously.

This indicates that the highest power is drawn at a zero flow rate. This point is the main difference between an AFP and a centrifugal pump where with increasing flow, power requirement as well. Axial flow pumps are becoming extremely popular since they have a high flow rate or discharge rate at a low vertical distance or low head. For instance, the device can pump up to 3X more fluids like water at lifts that are less than 4 meters as compared to other kinds of centrifugal pump or common radial flow. With a simple change in pitch on the propeller, AFP can also be customized so that it runs at peak efficiency at either high-flow / low-pressure or at low-flow / high-pressure. Since the axial pump is not severely impacted due to the turning of the fluid, and owing to the short length of the impeller blades, combining both these properties results in lowered hydrodynamic losses along with better stage efficiencies.

Global Axial Flow Pump Market

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Key Insights

  • As per the analysis shared by our research analyst, the global axial flow pump market is estimated to grow annually at a CAGR of around 4.41% over the forecast period (2022-2028).
  •  In terms of revenue, the global axial flow pump market size was valued at around USD 27 billion in 2021 and is projected to reach USD 42 billion, by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on product type segmentation, horizontal was predicted to show maximum market share in the year 2021
  • Based on end-use segmentation, agriculture has the leading revenue-generating end-use in 2021.
  • On the basis of region, Asia-Pacific was the leading revenue generator in 2021

Covid-19 Impact:

The global market cap was impacted negatively due to Covid-19 because of reduced demand in the petrochemical, chemical, agricultural, and other sectors. This was driven by the temporary halt on such units because of measures like lockdown and social distancing. For instance, as per a CNBC report in April 2020, oil & gas companies were projected to lose over USD 1 trillion in 2020 owing to the impacts of the virus.

Axial Flow Pump Market: Growth Drivers

Rising applications in heavy industrial units to propel market growth

The global axial flow pump market growth is anticipated owing to the wide applications the device has in almost all heavy industrial sectors including agriculture, petrochemical, chemical, sewage maintenance, and others. All of these sectors are a few of the largest economy-driving sectors while also being the highest revenue-generating industries. For instance, axial flow pumps are used extensively in managing sewage systems for all types of municipal, industrial, and commercial, sources.

The waste water treatment services industry currently generates a revenue of over USD 300 billion and may further go up to USD 490 billion in the next few years growing at a CAGR of 7%. This increase is related to the growing population, industrialization, and urbanization resulting in tremendous amounts of wastewater left to be treated to avoid environmental, social, and biological repercussions. Another sector using AFP is the global agricultural industry where extremely powerful AFPs are used to lift water serving the purpose of irrigation. Since these devices are known for reducing energy usage and also aiding cost reduction, many farming agencies are increasingly investing in these devices for optimizing the agricultural sector.

Axial Flow Pump Market: Restraints

Challenges posed in regards to the use of highly viscous fluid to restrict the market growth

Axial flow pumps generally work efficiently for low fluids with low viscosity since they can only generate high capacities and low heads. They are also not deemed suitable for any form of suction life owing to low discharge and head pressure. These factors make the device useful for use when pumping fluids that are extremely viscous in nature. In most cases, a rotary lobe pump is recommended to be used while working with viscous fluids which may restrict the global market growth during the projection period.

Axial Flow Pump Market: Opportunities

Increase in water management systems in developing and populated economies to provide growth opportunities

The global market may benefit from the rising investment in managing wastewater in highly populated countries like India and China. These economies house a total of 2.8 billion people. They are also amongst economies that are rapidly moving towards industrial growth. Both of these combines have resulted in amassing huge quantities of wastewater, and are investing heavily in upgrading their systems for managing this waste. For instance, India currently has a capacity of treating 18.62% of its wastewater and an additional 5.1% is expected to be added in the next few years.

Axial Flow Pump Market: Challenges

Other forms of high-powered flow pump to challenge market growth

Owing to certain restrictions posed during the use of AFP for various types of fluid, many segments are now adopting substitutes for AFP that are capable of providing the benefit of axial pumps while also delivering other uses. These restrictions include the ability to generate a head of a maximum of 20 feet which may lead to challenging situations for global market growth.

Axial Flow Pump Market: Segmentation

The global axial flow pump market is segmented based on application, product, end-use, and region.

Based on application, the global market segments are irrigation, water treatment, evaporators, and others. The global market is dominated by the irrigation segment since the device is capable of providing high flow rates at low pressures which is most suitable for processes like irrigation, sewage management, and others. For instance, as per data submitted by Chenyu, China is expected to invest around 120 billion yuan by 2025 in upgrading sewage management systems.

By product, the global market is divided into vertical and horizontal. The global market generated the highest revenue in 2020 from the horizontal axial flow pumps, and the CAGR for the segmental growth is around 4.25% during the projection period. The factors contributing to the high adoption rate are the ease of use, hassle-free assembling and disassembling of the equipment, along with other factors like high discharge rate, quick inspections, and adjustable pump housing.

Based on end-use, the global market is segmented into municipal, chemical, pulp & papers, agriculture, food & beverages, and others. Agriculture led the global market share in 2020 and may grow at a CAGR of 3.9% by 2028. The growth is driven by the high demand for the products amongst agricultural leaders owing to the benefits of the axial flow pumps like easy drainage. Fisheries is another segment that utilized AFPs to great extent and contributes heavily to the segmental growth.

Recent Developments:

  • In February 2020, Weir Minerals launched three brand new Lewis pumps to provide better devices to the customers. The products are Lewis® Horizontal Process Pump, New Lewis® VL Axial Pump, and Lewis® Vertical High-Pressure Molten Salt Pump. These devices are examples of combining effective and advanced engineering along with unmatched pump performance supported by the long-term wear life of Lewmet nickel-chrome alloy.
  • In May 2019, ITT announced that it has completed the acquisition of Rheinhütte Pumpen Group, a market leader in the production of axial and centrifugal pump flow. The acquisition is following ITT's vision to enter the target market while also providing a new portfolio to the company’s Industrial Processes (IP) segment. These new segments will allow the company to provide pumps suitable for harsh, corrosive, high-temperature, and abrasive environments.

Axial Flow Pump Market Report Scope:

Report Attributes Report Details
Report Name Axial Flow Pump Research Report
Number of Pages 187
Key Companies Covered Grundfos, Xylem, Sulzer Ltd., KSB SE & Co. KGaA, Pentair, and Weir Group PLC.
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Countries Covered North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2021
Historical Year 2016 to 2020
Forecast Year 2022 - 2028
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Axial Flow Pump Market: Regional Analysis

Asia-Pacific to grow at the highest CAGR during the forecast period

The global axial flow pump market is expected to be dominated by Asia-Pacific owing to the high demand for axial flow pumps in regions like China and India which are highly agricultural economies. The increasing use of sewage systems, irrigation, and fishery is expected to drive regional growth. The Indian fisheries segment supports the livelihood of over 28 million people and is the world’s second-largest fish producer. The government and the private sector are investing heavily in meeting the global demand from the fisheries segment which may aid global market expansion. India is expecting more than USD 9 billion of investment by 2025 in this sector.

Growth in China is anticipated to be driven by the increasing number of players in the market producing AFPS and other forms of flow pump to meet the exponentially rising demand for the devices. Europe and North America may also grow at a high CAGR majorly driven by the rising number of exploration activities. The growing chemical and petrochemical industry may also contribute to regional revenue. The US is the world's largest producer of chemical products with a market value of over USD 770.5 billion including the chemicals used in the pharmaceutical sector.

Axial Flow Pump Market: Competitive Analysis

The global axial flow pump market houses players like Grundfos, Xylem, Sulzer Ltd., KSB SE & Co. KGaA, Pentair, and Weir Group PLC.

The global axial flow pump market is segmented as follows:

By Application

  • Irrigation
  • Water Treatment
  • Evaporators
  • Others

By Product Type

  • Vertical
  • Horizontal

By End-Use

  • Municipal
  • Chemical
  • Pulp & Paper
  • Agriculture
  • Food & Beverages
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Axial Flow Pump Market, (2022 - 2028) (USD Billion)
    • 2.2 Global Axial Flow Pump Market : snapshot
  • Chapter 3. Global Axial Flow Pump Market - Industry Analysis
    • 3.1 Axial Flow Pump Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising applications in heavy industrial units to propel market growth
    • 3.3 Market Restraints
      • 3.3.1. Challenges posed in regards to the use of highly viscous fluid to restrict the market growth
    • 3.4 Market Opportunities
      • 3.4.1. Increase in water management systems in developing and populated economies to provide growth opportunities
    • 3.5 Market Challenges
      • 3.5.1. Other forms of high-powered flow pump to challenge market growth
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Application
      • 3.7.2 Market attractiveness analysis By Product Type
      • 3.7.3 Market attractiveness analysis By End-Use
  • Chapter 4. Global Axial Flow Pump Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Axial Flow Pump Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Axial Flow Pump Market - Application Analysis
    • 5.1 Global Axial Flow Pump Market overview: By Application
      • 5.1.1 Global Axial Flow Pump Market share, By Application, 2021 and 2028
    • 5.2 Irrigation
      • 5.2.1 Global Axial Flow Pump Market by Irrigation, 2022 - 2028 (USD Billion)
    • 5.3 Water Treatment
      • 5.3.1 Global Axial Flow Pump Market by Water Treatment, 2022 - 2028 (USD Billion)
    • 5.4 Evaporators
      • 5.4.1 Global Axial Flow Pump Market by Evaporators, 2022 - 2028 (USD Billion)
    • 5.5 Others
      • 5.5.1 Global Axial Flow Pump Market by Others, 2022 - 2028 (USD Billion)
  • Chapter 6. Global Axial Flow Pump Market - Product Type Analysis
    • 6.1 Global Axial Flow Pump Market overview: By Product Type
      • 6.1.1 Global Axial Flow Pump Market share, By Product Type, 2021 and 2028
    • 6.2 Vertical
      • 6.2.1 Global Axial Flow Pump Market by Vertical, 2022 - 2028 (USD Billion)
    • 6.3 Horizontal
      • 6.3.1 Global Axial Flow Pump Market by Horizontal, 2022 - 2028 (USD Billion)
  • Chapter 7. Global Axial Flow Pump Market - End-Use Analysis
    • 7.1 Global Axial Flow Pump Market overview: By End-Use
      • 7.1.1 Global Axial Flow Pump Market share, By End-Use, 2021 and 2028
    • 7.2 Municipal
      • 7.2.1 Global Axial Flow Pump Market by Municipal, 2022 - 2028 (USD Billion)
    • 7.3 Chemical
      • 7.3.1 Global Axial Flow Pump Market by Chemical, 2022 - 2028 (USD Billion)
    • 7.4 Pulp & Paper
      • 7.4.1 Global Axial Flow Pump Market by Pulp & Paper, 2022 - 2028 (USD Billion)
    • 7.5 Agriculture
      • 7.5.1 Global Axial Flow Pump Market by Agriculture, 2022 - 2028 (USD Billion)
    • 7.6 Food & Beverages
      • 7.6.1 Global Axial Flow Pump Market by Food & Beverages, 2022 - 2028 (USD Billion)
    • 7.7 Others
      • 7.7.1 Global Axial Flow Pump Market by Others, 2022 - 2028 (USD Billion)
  • Chapter 8. Axial Flow Pump Market - Regional Analysis
    • 8.1 Global Axial Flow Pump Market Regional Overview
    • 8.2 Global Axial Flow Pump Market Share, by Region, 2021 & 2028 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Axial Flow Pump Market, 2022 - 2028 (USD Billion)
        • 8.3.1.1 North America Axial Flow Pump Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 North America Axial Flow Pump Market, by Application, 2022 - 2028
      • 8.4.1 North America Axial Flow Pump Market, by Application, 2022 - 2028 (USD Billion)
    • 8.5 North America Axial Flow Pump Market, by Product Type, 2022 - 2028
      • 8.5.1 North America Axial Flow Pump Market, by Product Type, 2022 - 2028 (USD Billion)
    • 8.6 North America Axial Flow Pump Market, by End-Use, 2022 - 2028
      • 8.6.1 North America Axial Flow Pump Market, by End-Use, 2022 - 2028 (USD Billion)
    • 8.4. Europe
      • 8.4.2 Europe Axial Flow Pump Market, 2022 - 2028 (USD Billion)
        • 8.4.2.1 Europe Axial Flow Pump Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 Europe Axial Flow Pump Market, by Application, 2022 - 2028
      • 8.4.1 Europe Axial Flow Pump Market, by Application, 2022 - 2028 (USD Billion)
    • 8.5 Europe Axial Flow Pump Market, by Product Type, 2022 - 2028
      • 8.5.1 Europe Axial Flow Pump Market, by Product Type, 2022 - 2028 (USD Billion)
    • 8.6 Europe Axial Flow Pump Market, by End-Use, 2022 - 2028
      • 8.6.1 Europe Axial Flow Pump Market, by End-Use, 2022 - 2028 (USD Billion)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Axial Flow Pump Market, 2022 - 2028 (USD Billion)
        • 8.5.3.1 Asia Pacific Axial Flow Pump Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 Asia Pacific Axial Flow Pump Market, by Application, 2022 - 2028
      • 8.4.1 Asia Pacific Axial Flow Pump Market, by Application, 2022 - 2028 (USD Billion)
    • 8.5 Asia Pacific Axial Flow Pump Market, by Product Type, 2022 - 2028
      • 8.5.1 Asia Pacific Axial Flow Pump Market, by Product Type, 2022 - 2028 (USD Billion)
    • 8.6 Asia Pacific Axial Flow Pump Market, by End-Use, 2022 - 2028
      • 8.6.1 Asia Pacific Axial Flow Pump Market, by End-Use, 2022 - 2028 (USD Billion)
    • 8.6. Latin America
      • 8.6.4 Latin America Axial Flow Pump Market, 2022 - 2028 (USD Billion)
        • 8.6.4.1 Latin America Axial Flow Pump Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 Latin America Axial Flow Pump Market, by Application, 2022 - 2028
      • 8.4.1 Latin America Axial Flow Pump Market, by Application, 2022 - 2028 (USD Billion)
    • 8.5 Latin America Axial Flow Pump Market, by Product Type, 2022 - 2028
      • 8.5.1 Latin America Axial Flow Pump Market, by Product Type, 2022 - 2028 (USD Billion)
    • 8.6 Latin America Axial Flow Pump Market, by End-Use, 2022 - 2028
      • 8.6.1 Latin America Axial Flow Pump Market, by End-Use, 2022 - 2028 (USD Billion)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Axial Flow Pump Market, 2022 - 2028 (USD Billion)
        • 8.7.5.1 The Middle-East and Africa Axial Flow Pump Market, by Country, 2022 - 2028 (USD Billion)
    • 8.4 The Middle-East and Africa Axial Flow Pump Market, by Application, 2022 - 2028
      • 8.4.1 The Middle-East and Africa Axial Flow Pump Market, by Application, 2022 - 2028 (USD Billion)
    • 8.5 The Middle-East and Africa Axial Flow Pump Market, by Product Type, 2022 - 2028
      • 8.5.1 The Middle-East and Africa Axial Flow Pump Market, by Product Type, 2022 - 2028 (USD Billion)
    • 8.6 The Middle-East and Africa Axial Flow Pump Market, by End-Use, 2022 - 2028
      • 8.6.1 The Middle-East and Africa Axial Flow Pump Market, by End-Use, 2022 - 2028 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Grundfos
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Xylem
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Sulzer Ltd.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 KSB SE & Co. KGaA
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Pentair
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Weir Group PLC.
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Axial Flow Pump Market, 2022 - 2028 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Axial Flow Pump Market attractiveness, By Application
  • 6. Global Axial Flow Pump Market attractiveness, By Product Type
  • 7. Global Axial Flow Pump Market attractiveness, By End-Use
  • 8. Global Axial Flow Pump Market share by Application, 2022 and 2028 (USD Billion)
  • 9. Global Axial Flow Pump Market by Irrigation, 2022 - 2028 (USD Billion)
  • 10. Global Axial Flow Pump Market by Water Treatment, 2022 - 2028 (USD Billion)
  • 11. Global Axial Flow Pump Market by Evaporators, 2022 - 2028 (USD Billion)
  • 12. Global Axial Flow Pump Market by Others, 2022 - 2028 (USD Billion)
  • 13. Global Axial Flow Pump Market share by Product Type, 2022 and 2028 (USD Billion)
  • 14. Global Axial Flow Pump Market by Vertical, 2022 - 2028 (USD Billion)
  • 15. Global Axial Flow Pump Market by Horizontal, 2022 - 2028 (USD Billion)
  • 16. Global Axial Flow Pump Market share by End-Use, 2022 and 2028 (USD Billion)
  • 17. Global Axial Flow Pump Market by Municipal, 2022 - 2028 (USD Billion)
  • 18. Global Axial Flow Pump Market by Chemical, 2022 - 2028 (USD Billion)
  • 19. Global Axial Flow Pump Market by Pulp & Paper, 2022 - 2028 (USD Billion)
  • 20. Global Axial Flow Pump Market by Agriculture, 2022 - 2028 (USD Billion)
  • 21. Global Axial Flow Pump Market by Food & Beverages, 2022 - 2028 (USD Billion)
  • 22. Global Axial Flow Pump Market by Others, 2022 - 2028 (USD Billion)
  • 23. Global Axial Flow Pump Market share, by Region, 2022 and 2028
  • 24. North America Axial Flow Pump Market, 2022 - 2028 (USD Billion)
  • 25. Europe Axial Flow Pump Market, 2022 - 2028 (USD Billion)
  • 26. Asia Pacific Axial Flow Pump Market, 2022 - 2028 (USD Billion)
  • 27. Latin America Axial Flow Pump Market, 2022 - 2028 (USD Billion)
  • 28. The Middle-East and Africa Axial Flow Pump Market, 2022 - 2028 (USD Billion)

Table Of Tables

  • 1. Global Axial Flow Pump Market: Snapshot
  • 2. Drivers of the Axial Flow Pump Market: impact analysis
  • 3. North America Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 4. North America Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 5. North America Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 6. U.S. Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 7. U.S. Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 8. U.S. Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 9. Canada Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 10. Canada Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 11. Canada Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 12. Europe Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 13. Europe Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 14. Europe Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 15. Germany Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 16. Germany Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 17. Germany Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 18. France Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 19. France Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 20. France Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 21. U.K. Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 22. U.K. Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 23. U.K. Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 24. Italy Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 25. Italy Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 26. Italy Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 27. Spain Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 28. Spain Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 29. Spain Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 30. Rest of Europe Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 31. Rest of Europe Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 32. Rest of Europe Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 33. Asia Pacific Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 34. Asia Pacific Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 35. Asia Pacific Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 36. China Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 37. China Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 38. China Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 39. Japan Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 40. Japan Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 41. Japan Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 42. India Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 43. India Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 44. India Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 45. South Korea Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 46. South Korea Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 47. South Korea Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 48. South-East Asia Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 49. South-East Asia Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 50. South-East Asia Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 51. Rest of Asia Pacific Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 52. Rest of Asia Pacific Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 53. Rest of Asia Pacific Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 54. Latin America Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 55. Latin America Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 56. Latin America Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 57. Brazil Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 58. Brazil Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 59. Brazil Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 60. Mexico Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 61. Mexico Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 62. Mexico Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 63. Rest of Latin America Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 64. Rest of Latin America Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 65. Rest of Latin America Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 66. The Middle-East and Africa Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 67. The Middle-East and Africa Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 68. The Middle-East and Africa Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 69. GCC Countries Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 70. GCC Countries Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 71. GCC Countries Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 72. South Africa Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 73. South Africa Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 74. South Africa Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)
  • 75. Rest of Middle-East Africa Axial Flow Pump Market revenue, By Application, 2022 - 2028 (USD Billion)
  • 76. Rest of Middle-East Africa Axial Flow Pump Market revenue, By Product Type, 2022 - 2028 (USD Billion)
  • 77. Rest of Middle-East Africa Axial Flow Pump Market revenue, By End-Use, 2022 - 2028 (USD Billion)

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FrequentlyAsked Questions

The global axial flow pump market growth is anticipated owing to the wide applications the device has in almost all heavy industrial sectors including agriculture, petrochemical, chemical, sewage maintenance, and others. All of these sectors are a few of the largest economy-driving sectors while also being the highest revenue-generating industries.

According to Zion Market Research, the global axial flow pump market size was worth around USD 27 billion in 2021 and is predicted to grow to around USD 42 billion by 2028 with a compound annual growth rate (CAGR) of roughly 4.41% between 2022 and 2028.

The global axial flow pump market is expected to be dominated by Asia-Pacific owing to the high demand for axial flow pumps in regions like China and India which are highly agricultural economies. The increasing use of sewage systems, irrigation, and fishery is expected to drive regional growth.

The global axial flow pump market houses players like Grundfos, Xylem, Sulzer Ltd., KSB SE & Co. KGaA, Pentair, and Weir Group PLC.

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