Global Axial Flow Pump Market Size & Outlook, 2022-2030
Global axial flow pump market, 2018-2030 (US$M)
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Global axial flow pump market highlights
- The global axial flow pump market generated a revenue of USD 3,992.0 million in 2022 and is expected to reach USD 5,109.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.1% by 2030.
- In terms of segment, agriculture accounted for a revenue of USD 925.2 million in 2022.
- Chemical is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 3,992.0 million |
| Market revenue in 2030 | USD 5,109.1 million |
| Growth rate | 3.1% (CAGR from 2022 to 2030) |
| Largest segment | Agriculture |
| Fastest growing segment | Chemical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Agriculture, Construction & Building Services, Water & Wastewater, Power Generation, Oil & Gas, Chemical |
Other key industry trends
- In terms of revenue, the North America accounted for 17.1% of the global axial flow pump market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 462.7 million by 2030.
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Axial Flow Pump Market Scope
Axial Flow Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global axial flow pump market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to axial flow pump market will help companies and investors design strategic landscapes.
Agriculture was the largest segment with a revenue share of 23.18% in 2022. Horizon Databook has segmented the Global axial flow pump market based on agriculture, construction & building services, water & wastewater, power generation, oil & gas, chemical covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Axial Flow Pump End Use Outlook (Revenue, USD Million, 2018-2030)
- Agriculture
- Construction & Building Services
- Water & Wastewater
- Power Generation
- Oil & Gas
- Chemical
- Others
- Global Axial Flow Pump Configuration Outlook (Revenue, USD Million, 2018-2030)
- Single-Stage
- Multi-stage
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Our clientele includes a mix of axial flow pump market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global axial flow pump market , including forecasts for subscribers. This global databook contains high-level insights into Global axial flow pump market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global axial flow pump market size, by region, 2018-2030 (US$M)
Top 10 countries: Axial flow pump market size, 2022 (US$M)
Global axial flow pump market share, by end use, 2022 & 2030 (%, US$M)
Axial flow pump market: Opportunity assessment by country
Global axial flow pump market, by region, 2022 (US$M)
| End Use | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 250.4 | 276.1 | 272.7 | 277.5 | 283.3 | 289.7 | 298.2 | 311.2 | 316.3 | 326.2 | 331.7 | 353.0 | 366.5 | 3.4% |
| Europe | 796.4 | 808.5 | 777.0 | 782.2 | 789.4 | 799.6 | 809.4 | 826.6 | 843.1 | 864.4 | 889.6 | 909.6 | 931.1 | 2.2% |
| North America | 687.9 | 703.2 | 673.9 | 676.5 | 680.9 | 687.8 | 696.5 | 707.3 | 719.7 | 735.0 | 757.8 | 770.9 | 782.0 | 1.9% |
| MEA | 358.8 | 371.3 | 357.4 | 364.5 | 371.6 | 381.0 | 392.6 | 408.7 | 419.8 | 435.4 | 451.5 | 469.2 | 487.5 | 3.6% |
| Asia Pacific | 1,747.3 | 1,815.1 | 1,775.1 | 1,818.4 | 1,866.9 | 1,924.5 | 1,988.8 | 2,049.0 | 2,136.7 | 2,226.9 | 2,322.9 | 2,425.3 | 2,542.0 | 4.1% |
| Overall | 3,840.9 | 3,974.2 | 3,856.1 | 3,919.1 | 3,992.0 | 4,082.5 | 4,185.4 | 4,302.8 | 4,435.6 | 4,587.9 | 4,753.5 | 4,927.8 | 5,109.1 | 3.1% |
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