The latest report from the IMARC Group, titled “Axial Flow Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″, provides a comprehensive analysis of the industry, which includes insights on Axial Flow Pump Market Share. The report also includes competitive and regional analysis as well as contemporary developments in the market. The global axial flow pump market is expected to exhibit a growth rate of (CAGR) of 3.3% during 2023-2028. Axial flow pumps play a crucial role in various industries, serving as an efficient and reliable solution for fluid transfer applications. These pumps are designed to move large volumes of fluid by generating axial thrust and pushing the fluid in a direction parallel to the pump axis. Unlike other types of pumps, axial flow pumps operate at low flow and high flow rates, making them ideal for applications where a significant amount of fluid must be transported. As a result, axial flow pumps have become an indispensable component in industries such as agriculture, water management, oil and gas, power generation, and chemical processing.
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Global Axial Flow Pump Market Trends:
The global axial flow pump market is driven by the expansion of the agricultural sector, especially in developing regions. These pumps find wide use in irrigation systems, ensuring efficient transfer of water to crops and maximizing agricultural productivity. Moreover, increasing population and urbanization is driving the demand for effective water management solutions, further fueling the growth of the axial flow pumps market. Additionally, the growing emphasis on renewable energy sources is driving the adoption of axial flow pumps in hydropower generation. Axial flow pumps are used in hydropower plants to transfer water from the reservoir to the turbine, enabling the conversion of the kinetic energy of the water into electricity. Additionally, the oil and gas industry relies heavily on axial flow pumps for various applications, including crude oil transportation, refining processes, and offshore drilling operations. Increasing global energy consumption and continued investments in oil and gas infrastructure are driving the demand for axial flow pumps in this sector.
Competitive landscape with key players:
- Atlas Copco
- Ebara Corporation
- Grundfos Pumps India Private Ltd
- ITT Inc.
- KSB SE & Co. KGaA
- Leo Group Co., Ltd.
- Sanlian Pump Company
- Shanghai East Pump (Group) Co. Ltd.
- Sulzer Ltd.
- The Weir Group PLC
- Wilo SE
Division by type:
Breakdown by Application:
- Water Supply and Household Sewerage
- Food and drink
Division by region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
Key points of the report:
- Market Performance
- Market Perspective
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- The value chain
- Comprehensive map of the competitive landscape
Note: We are in the process of updating our reports. If you want to get the latest research data covering the time period from 2023 to 2028, along with industry trends, market size and competitive analysis, click on the sample demand report. The team will be able to deliver the latest version of the report in a quick time.
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