Axial Flow Pump Market Overview, Industry Growth Rate, Research Report 2023-2028

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The global market is majorly driven by the increasing need for efficient irrigation systems to support growing agricultural activities.

The latest report by IMARC Group, titled “Axial Flow Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global axial flow pump industry price. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global axial flow pump market is expected to exhibit a growth rate (CAGR) of 3.3% during 2023-2028.

Axial Flow Pump Market Overview:

An axial flow pump is a fluid-handling device that transfers liquids in various industrial applications. Characterized by its propeller-like design, this pump draws liquid parallel to the shaft’s axis and discharges it in the same direction. It efficiently moves large volumes of fluid with a relatively low head, making it suitable for irrigation, drainage, and wastewater treatment applications. Axial flow pumps offer advantages in handling fluids with minimal shear, energy-efficient operation, and suitability for low-head, high-flow scenarios. Their simple design and effective performance make them a preferred choice for moving large quantities of liquids in various industries.

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Global Axial Flow Pump Market Trends:

The global market is majorly driven by the increasing need for efficient irrigation systems to support growing agricultural activities. In line with this, the rising government initiatives for flood control, drainage, and water resource management boost the demand for axial flow pumps. Furthermore, the growing focus on wastewater treatment and recycling drives the adoption of axial flow pumps for handling large volumes of water.

The industries requiring fluid transfer for cooling, circulation, and processing also rely on these pumps for their high flow capacity. Moreover, the infrastructure development projects necessitate these pumps for dewatering and drainage purposes, catalyzing their demand. Besides, these pumps are used in cooling systems for power generation plants, aligning with the growth of the energy sector. Additionally, the mines require pumps for dewatering and handling slurry, driving demand for axial flow pumps in mining applications.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/axial-flow-pump-market

Competitive Landscape with Key Players :

  • Atlas Copco
  • Ebara Corporation
  • Grundfos Pumps India Private Ltd
  • ITT Inc.
  • KSB SE & Co. KGaA
  • Leo Group Co., Ltd.
  • Pentair
  • Sanlian Pump Company
  • Shanghai East Pump (Group) Co. Ltd.
  • Sulzer Ltd.
  • The Weir Group PLC
  • Wilo SE

Breakup by Type:

  • Miniwatt
  • High Power

Breakup by Application:

  • Domestic Water and Wastewater
  • Petroleum
  • Chemical
  • Food and Beverage
  • Others

Breakup 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, Other)

Key Highlights of the Report:

  • Market Performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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