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The Axial Flow Pump Market size was valued at USD 29.5 billion in 2022 and is expected to grow to USD 41.95 billion by 2030 and grow at a CAGR of 4.5 % over the forecast period of 2023-2030.
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Axial Flow Pump REPORT 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 View Report Sample Request
Axial Flow Pump REPORT 2023 The Axial Flow Pump Market size was valued at USD 29.5 billion in 2022 and is expected to grow to USD 41.95 billion by 2030 and grow at a CAGR of 4.5 % over the forecast period of 2023-2030. An axial flow pump is a type of pump that moves fluid parallel to the pump shaft, generating flow by the lift force on its blades. It is commonly used in applications requiring high flow rates and low-pressure heads, such as in irrigation, flood control, and water treatment. With its efficient design, it can handle large volumes of fluid, making it ideal for industries like agriculture and wastewater management. Axial flow pumps are known for their energy efficiency and are crucial for maintaining fluid movement in large-scale operations.
Axial Flow Pump REPORT 2023 MARKET FORECAST In power plants, the chemical industry, and for dewatering purposes, axial pumps also called propeller pumps are widely employed to circulate water. Additionally, they are utilized to manage effluent from industrial, commercial, and municipal activities. The need for axial flow pumps is expected to increase across industries that deal with water, wastewater, chemicals, petroleum, and food and beverages. The axial flow pumps are a class of positive displacement pumps with an impeller resembling a propeller that runs through the casing. These pumps exert centrifugal force on fluid as it passes past the impeller. The direction of the fluid displacement is parallel to the direction of the pump shaft. Even at low-pressure heads, these pumps are capable of delivering great volume flow rates. In the past, these pumps have also been utilised to remove water from a soggy region in the event of natural disasters like floods. Applications requiring both high flow rates and low pressures can use axial flow. Enquiry of the Reporthttps: https://www.snsinsider.com/enquiry/3286
Axial Flow Pump REPORT 2023 REGIONAL ANALYSIS Asia Pacific dominated the market and generated 41.6% of global revenue. The explosive expansion of the region's end-use sectors, such as the household water and wastewater treatment and petroleum industries, is credited with driving up demand for axial flow pumps. The market expansion is anticipated to be fuelled by quick investments in the manufacturing sector to meet the needs of a population that is expanding quickly. North America is anticipated to grow at a CAGR of 2.2%. The U.S.'s availability of sophisticated processing capabilities along with ongoing R&D for pump production is anticipated to fuel the industry in the area. Browse Report: https://www.snsinsider.com/reports/axial-flow-pump-market-3286
Axial Flow Pump REPORT 2023 APPLICATION AND MAJOR PLAYERS IN THIS REPORT Axial Flow Pump Prominent Players: • xylem Inc. • Grundfos Holding A/S • Pentair PLC • Sulzer Ltd • Handol Pumps Limited • The Weir Group PLC • Ebara Corporation • Flowserve Corporation • Hitachi Industrial Products, Ltd • ITT Goulds Pumps • other Request Sample Report: https://www.snsinsider.com/sample-request/3286
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