Global axial flow pump market is anticipated to show growth at a steady CAGR in the forecast period of 2023-2027. The market flourishes on the backbone of waste-water treatment and requirement of clean water. The growth can also be understood by the major factor of pure water supply for the growing population around the world, rapid urbanization, and industrialization along with the advanced technological developments in the industrial sector. Moreover, government is actively investing in the development of power generation and the petroleum sector, thus influencing the market growth positively.
Power plants, chemical industries require a consistent flowing water for the efficient working of these industries along with dewatering applications that actively utilizes the global axial flow pumps. These pumps are also used in sewage clearance, commercial operations, and other industrial operations.
Global axial flow pump market is segmented by type, industry, application, material, and regional distribution. Based on type of pumps the market is fragmented into Miniwatt and high power pumps. The high power axial pump dominates the market in historical and is anticipated to dominate in the upcoming five years too owing to their high demands for flood dewatering, wastewater treatments, and water treatments. Market also experiences advancements in various sectors like power generation in South American region. Moreover, advanced industrialization practices might support the growth of Miniwatt pumps sales in the market in next five years. With technological advancements in Asia Pacific ad South America, the market will be derived to further growth.
Some of the key players in the market are Xylem Inc., Grundfos, Sulzer Ltd., KSB SE & Co. KGaA, Pentair plc., Weir Group PLC, Wilo SE, Leo Group Co., Ltd., ETEC S.A., ITT Inc., among others. Competitors are also continuously involved in research and development for efficient products to maximize their output and are involved in merges and acquisitions too.
Objective of the Study
- To analyze and
forecast the market size of Global Axial Flow Pump market from 2017 to 2020.
- To estimate and forecast the market size of Global
Axial Flow Pump market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Global Axial Flow Pump market based on type, industry, application, material, and regional
distribution.
- To identify dominant region or segment in the Global
Axial Flow Pump market.
- To identify drivers and challenges for Global Axial
Flow Pump market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Global
Axial Flow Pump market.
- To identify
and analyze the profile of leading players operating in Global Axial
Flow Pump market.
- To identify key sustainable strategies adopted
by market players in Global Axial Flow Pump market.
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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the manufactures which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market Insights Research calculated the market size of Global Axial Flow Pump market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Market Insights Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Market Insights Research.
Key Target Audience
- Axial Flow Pump manufacturers, end users,
service providers and other stakeholders
- Distributers and suppliers of Axial Flow
Pump’ products and services and other stakeholders
- Organizations, forums, and alliances
related to Axial Flow Pump
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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Type
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Industry
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Application
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Material
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Regional scope
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North America; Europe; Asia Pacific; South America; Middle
East & Africa
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Country scope
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United States, Mexico, Canada, China, India, Japan, South
Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South
Africa, UAE, Saudi Arabia, Kuwait; Brazil, Argentina, Colombia;
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Key companies profiled
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Xylem Inc., Grundfos, Sulzer Ltd., KSB SE & Co. KGaA,
Pentair plc., Weir Group PLC, Wilo SE, Leo Group Co., Ltd., ETEC S.A., ITT
Inc.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase
options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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