Global Axial Flow Pump Market Size & Outlook, 2022-2030

The axial flow pump industry worldwide is expected to reach a projected revenue of US$ 5,109.1 million by 2030. A compound annual growth rate of 3.1% is expected of the worldwide axial flow pump industry from 2023 to 2030.
Revenue, 2022 (US$M)
$3,992.0
Forecast, 2030 (US$M)
$5,109.1
CAGR, 2023 - 2030
3.1%
Report Coverage
Worldwide

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 2022USD 3,992.0 million
Market revenue in 2030USD 5,109.1 million
Growth rate3.1% (CAGR from 2022 to 2030)
Largest segmentAgriculture
Fastest growing segmentChemical
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAgriculture, 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 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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Target buyers of Global axial flow pump market databook

  • Our clientele includes a mix of axial flow pump market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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)

Global axial flow pump market size, by region, 2018-2030 (US$M)

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