Europe Axial Flow Pump Market Size & Outlook, 2022-2030
Europe axial flow pump market, 2018-2030 (US$M)
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Europe axial flow pump market highlights
- The Europe axial flow pump market generated a revenue of USD 789.4 million in 2022.
- The market is expected to grow at a CAGR of 2.1% from 2023 to 2030.
- In terms of segment, agriculture was the largest revenue generating end use in 2022.
- Chemical is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 789.4 million |
| Market revenue in 2030 | USD 931.1 million |
| Growth rate | 2.1% (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 |
| Key market players worldwide | Ebara Corp, Flowserve Corp, Hitachi Ltd, ITT Inc, Pentair PLC, Sulzer AG, Weir Group PLC, Xylem Inc, Grundfos |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.8% of the global axial flow pump market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,542.0 million by 2030.
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Axial Flow Pump Market Scope
Axial Flow Pump Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 23.3% in 2022. Horizon Databook has segmented the Europe 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.
Europe held around 31.14% share of the total market in 2018 and is the second largest region for axial flow pump after Asia Pacific. The European axial flow pump market consists of major countries such as Germany, Italy, France and UK. Whereas UK accounted for the largest market, owing to high demand from pump manufacturing sector.
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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 continent-level data and insights on the Europe axial flow pump market , including forecasts for subscribers. This continent databook contains high-level insights into Europe axial flow pump market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe Axial Flow Pump Market Outlook Share, 2022 & 2030 (US$M)
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